Growth Metrics

iRhythm Holdings (IRTC) Cost of Revenue (2015 - 2026)

iRhythm Holdings (IRTC) reported Cost of Revenue of $58.0 million for Q1 2026, up 17.34% year-over-year from $49.5 million in Q1 2025, and down 4.6% on a QoQ basis from $60.8 million in Q4 2025.

iRhythm Holdings (IRTC) has 12 years of Cost of Revenue data on file, last reported at $58.0 million in Q1 2026.

  • Quarterly Cost of Revenue rose 17.34% year-over-year to $58.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $228.5 million (up 20.65% YoY) and the FY2025 annual result came in at $219.9 million, up 19.3% from the prior year.
  • Cost of Revenue eased to $58.0 million in Q1 2026 per IRTC's latest filing, from $60.8 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $60.8 million in Q4 2025 and bottomed at $30.6 million in Q1 2022.
  • The 5-year median for Cost of Revenue is $44.6 million (2024), against an average of $44.3 million.
  • The widest annual swing landed in 2023, when Cost of Revenue surged 32.95%; it then grew 9.25% in 2024.
  • Tracing IRTC's Cost of Revenue over 5 years: stood at $33.9 million in 2022, then surged by 32.95% to $45.1 million in 2023, then grew by 9.25% to $49.3 million in 2024, then climbed by 23.51% to $60.8 million in 2025, then declined by 4.6% to $58.0 million in 2026.
  • Per Business Quant, the three latest IRTC Cost of Revenue figures stand at $58.0 million (Q1 2026), $60.8 million (Q4 2025), and $55.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 4.89 Bn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 2.21 Bn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 3.26 Bn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 1.59 Bn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 362.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 2.51 Bn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 441.60 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 481.00 Mn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 891.20 Mn
10 iRhythm Holdings 3.55 Bn 3.00 Bn 141.35 Mn 58.04 Mn

Historic Data

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DateValue
Mar 31, 2026 58.04 Mn
Mar 31, 2026 58.04 Mn
Dec 31, 2025 60.84 Mn
Dec 31, 2025 60.84 Mn
Sep 30, 2025 55.76 Mn
Sep 30, 2025 55.76 Mn
Jun 30, 2025 53.83 Mn
Jun 30, 2025 53.83 Mn
Mar 31, 2025 49.46 Mn
Mar 31, 2025 49.46 Mn
Dec 31, 2024 49.26 Mn
Dec 31, 2024 49.26 Mn
Sep 30, 2024 46.06 Mn
Sep 30, 2024 46.06 Mn
Jun 30, 2024 44.58 Mn
Jun 30, 2024 44.58 Mn
Mar 31, 2024 44.41 Mn
Mar 31, 2024 44.41 Mn
Dec 31, 2023 45.09 Mn
Dec 31, 2023 45.09 Mn
Sep 30, 2023 42.13 Mn
Sep 30, 2023 42.13 Mn
Jun 30, 2023 37.91 Mn
Jun 30, 2023 37.91 Mn
Mar 31, 2023 35.76 Mn
Mar 31, 2023 35.76 Mn
Dec 31, 2022 33.91 Mn
Dec 31, 2022 33.91 Mn
Sep 30, 2022 32.95 Mn
Sep 30, 2022 32.95 Mn
Jun 30, 2022 31.81 Mn
Jun 30, 2022 31.81 Mn
Mar 31, 2022 30.62 Mn
Mar 31, 2022 30.62 Mn
Dec 31, 2021 30.52 Mn
Dec 31, 2021 30.52 Mn
Sep 30, 2021 29.28 Mn
Sep 30, 2021 29.28 Mn
Jun 30, 2021 26.00 Mn
Jun 30, 2021 26.00 Mn
Mar 31, 2021 23.46 Mn
Mar 31, 2021 23.46 Mn
Dec 31, 2020 20.50 Mn
Dec 31, 2020 20.50 Mn
Sep 30, 2020 18.23 Mn
Sep 30, 2020 18.23 Mn
Jun 30, 2020 15.48 Mn
Jun 30, 2020 15.48 Mn
Mar 31, 2020 16.06 Mn
Mar 31, 2020 16.06 Mn
Dec 31, 2019 13.92 Mn
Dec 31, 2019 13.92 Mn
Sep 30, 2019 13.79 Mn
Sep 30, 2019 13.79 Mn
Jun 30, 2019 13.01 Mn
Jun 30, 2019 13.01 Mn
Mar 31, 2019 11.77 Mn
Mar 31, 2019 11.77 Mn
Dec 31, 2018 10.81 Mn
Dec 31, 2018 10.81 Mn
Sep 30, 2018 9.95 Mn
Sep 30, 2018 9.95 Mn
Jun 30, 2018 9.49 Mn
Jun 30, 2018 9.49 Mn
Mar 31, 2018 8.55 Mn
Mar 31, 2018 8.55 Mn
Dec 31, 2017 8.20 Mn
Dec 31, 2017 8.20 Mn
Sep 30, 2017 6.92 Mn
Sep 30, 2017 6.92 Mn
Jun 30, 2017 6.74 Mn
Jun 30, 2017 6.74 Mn
Mar 31, 2017 6.34 Mn
Mar 31, 2017 6.34 Mn
Dec 31, 2016 5.79 Mn
Dec 31, 2016 5.79 Mn
Sep 30, 2016 5.28 Mn
Sep 30, 2016 5.28 Mn
Jun 30, 2016 5.16 Mn
Jun 30, 2016 5.16 Mn
Mar 31, 2016 4.66 Mn
Mar 31, 2016 4.66 Mn
Dec 31, 2015 4.16 Mn
Dec 31, 2015 4.16 Mn
Sep 30, 2015 3.75 Mn
Sep 30, 2015 3.75 Mn