iRhythm Holdings (IRTC) Cost of Revenue (2015 - 2026)
iRhythm Holdings' (IRTC) quarterly Cost of Revenue came in at $61.0 million in Q2 2026, up 13.26% year-over-year from $53.8 million in Q2 2025, and up 5.05% quarter-over-quarter from $58.0 million in Q1 2026.
Analysis
iRhythm Holdings (IRTC) Cost of Revenue (2015 - 2026) Analysis & Trends
iRhythm Holdings (IRTC) has reported Cost of Revenue for 12 consecutive years, with $61.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 13.26% year-over-year to $61.0 million in Q2 2026; TTM through Jun 2026 was $235.6 million, a 18.62% increase from a year earlier, with the FY2025 full-year figure at $219.9 million, up 19.3% from the prior year.
- Cost of Revenue was $61.0 million for Q2 2026 at iRhythm Holdings, up from $58.0 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $61.0 million in Q2 2026 and troughed at $30.6 million in Q1 2022.
- A 5-year average of $45.2 million and a median of $44.8 million in 2023 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue soared 32.95% in 2023 and increased 9.25% in 2024, its largest moves.
- Over 5 years, Cost of Revenue stood at $33.9 million in 2022, then soared by 32.95% to $45.1 million in 2023, then increased by 9.25% to $49.3 million in 2024, then grew by 23.51% to $60.8 million in 2025, then rose by 0.22% to $61.0 million in 2026.
- The last three Cost of Revenue figures came in at $61.0 million (Q2 2026), $58.0 million (Q1 2026), and $60.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 47.02 Bn | 45.92 Bn | 486.15 Mn | 266.60 Mn |
| 2 | Labcorp Holdings | 26.25 Bn | 26.11 Bn | 1.11 Bn | 2.62 Bn |
| 3 | Quest Diagnostics | 25.95 Bn | 25.32 Bn | 1.03 Bn | 2.02 Bn |
| 4 | Guardant Health | 21.84 Bn | 20.79 Bn | 219.03 Mn | 115.95 Mn |
| 5 | Tempus AI | 11.19 Bn | 10.38 Bn | 274.25 Mn | 108.23 Mn |
| 6 | Caris Life Sciences | 6.94 Bn | 6.14 Bn | 182.38 Mn | 81.33 Mn |
| 7 | Sotera Health | 5.24 Bn | 4.89 Bn | 177.96 Mn | 143.41 Mn |
| 8 | BillionToOne | 4.70 Bn | 4.15 Bn | 77.11 Mn | 32.34 Mn |
| 9 | iRhythm Holdings | 4.00 Bn | 3.41 Bn | 163.21 Mn | 60.97 Mn |
| 10 | Adaptive Biotechnologies | 3.90 Bn | 3.55 Bn | 51.39 Mn | 20.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 60.97 Mn |
| Mar 31, 2026 | 58.04 Mn |
| Dec 31, 2025 | 60.84 Mn |
| Sep 30, 2025 | 55.76 Mn |
| Jun 30, 2025 | 53.83 Mn |
| Mar 31, 2025 | 49.46 Mn |
| Dec 31, 2024 | 49.26 Mn |
| Sep 30, 2024 | 46.06 Mn |
| Jun 30, 2024 | 44.58 Mn |
| Mar 31, 2024 | 44.41 Mn |
| Dec 31, 2023 | 45.09 Mn |
| Sep 30, 2023 | 42.13 Mn |
| Jun 30, 2023 | 37.91 Mn |
| Mar 31, 2023 | 35.76 Mn |
| Dec 31, 2022 | 33.91 Mn |
| Sep 30, 2022 | 32.95 Mn |
| Jun 30, 2022 | 31.81 Mn |
| Mar 31, 2022 | 30.62 Mn |
| Dec 31, 2021 | 30.52 Mn |
| Sep 30, 2021 | 29.28 Mn |