iRhythm Holdings IRTC
NASDAQ IRTC
$121.50 -0.74 (-0.60%)
As of: Sep 9, 2026 · 1:01 PM EDT

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

Historic Data

Download Data
DateValue
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