Iradimed (IRMD) Tax Rate (2013 - 2026)
Iradimed's (IRMD) quarterly Tax Rate came in at 25.11% in Q1 2026, up 395.0% year-on-year from 5.07% in Q1 2025, and up 37.42% on a QoQ basis from 18.27% in Q4 2025.
Iradimed (IRMD) Tax Rate (2013 - 2026) Analysis & Trends
Iradimed (IRMD) has 14 years of Tax Rate data on file, last reported at 25.11% in Q1 2026.
- On a quarterly basis, Tax Rate rose 395.0% year-over-year to 25.11% in Q1 2026; TTM through Mar 2026 was 22.03%, a 155.0% decrease from a year earlier, with the FY2025 full-year figure at 21.0%, down 264.0% from the prior year.
- Tax Rate for Q1 2026 stood at 25.11%, up from 18.27% in the prior quarter.
- Over the last five years, Tax Rate for IRMD reached as high as 45.13% in Q4 2023 and fell as low as 18.27% in Q4 2025.
- Historically, Tax Rate has averaged 23.13% across 5 years, with a median of 21.2% in 2025.
- Across the five-year window, Tax Rate surged 6144 bps in 2022 and sank 1525 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 20.53% in 2022, then jumped by 120 bps to 45.13% in 2023, then slumped by 34 bps to 29.87% in 2024, then slumped by 39 bps to 18.27% in 2025, then soared by 37 bps to 25.11% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 25.11% in Q1 2026, 18.27% in Q4 2025, and 23.58% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 25.67% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 12.35% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | -15.15% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 17.06% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 25.97% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -23.16% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 18.61% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Iradimed | 1.20 Bn | 1.14 Bn | 16.81 Mn | 25.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.11% |
| Mar 31, 2026 | 25.11% |
| Mar 31, 2026 | 25.11% |
| Dec 31, 2025 | 18.27% |
| Dec 31, 2025 | 18.27% |
| Dec 31, 2025 | 18.27% |
| Sep 30, 2025 | 23.58% |
| Sep 30, 2025 | 23.58% |
| Sep 30, 2025 | 23.58% |
| Jun 30, 2025 | 21.20% |
| Jun 30, 2025 | 21.20% |
| Jun 30, 2025 | 21.20% |
| Mar 31, 2025 | 21.16% |
| Mar 31, 2025 | 21.16% |
| Mar 31, 2025 | 21.16% |
| Dec 31, 2024 | 29.87% |
| Dec 31, 2024 | 29.87% |
| Dec 31, 2024 | 29.87% |
| Sep 30, 2024 | 21.33% |
| Sep 30, 2024 | 21.33% |