iRhythm Holdings (IRTC) Cost of Revenue (2015 - 2026)
iRhythm Holdings (IRTC) posted quarterly 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% quarter-over-quarter from $60.8 million in Q4 2025.
iRhythm Holdings (IRTC) Cost of Revenue (2015 - 2026) Analysis & Trends
iRhythm Holdings (IRTC) has reported Cost of Revenue for 12 consecutive years, with $58.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 17.34% year-over-year to $58.0 million; the TTM figure through Mar 2026 stood at $228.5 million (up 20.65% YoY), while the FY2025 annual figure was $219.9 million, up 19.3% from the prior year.
- Cost of Revenue fell 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.
- Historically, Cost of Revenue has averaged $44.3 million across 5 years, with a median of $44.6 million in 2024.
- Annual changes were most pronounced in 2023 — Cost of Revenue jumped 32.95% — and 2024, when it rose 9.25%.
- iRhythm Holdings' Cost of Revenue stood at $33.9 million in 2022, then surged by 32.95% to $45.1 million in 2023, then gained by 9.25% to $49.3 million in 2024, then rose by 23.51% to $60.8 million in 2025, then decreased by 4.6% to $58.0 million in 2026.
- Business Quant data shows IRTC's Cost of Revenue at $58.0 million in Q1 2026, $60.8 million in Q4 2025, and $55.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.50 Bn | 194.89 Bn | 7.27 Bn | 5.33 Bn |
| 2 | Stryker | 130.00 Bn | 126.52 Bn | 4.50 Bn | 2.09 Bn |
| 3 | Medtronic | 120.36 Bn | 111.14 Bn | 6.41 Bn | 3.40 Bn |
| 4 | Boston Scientific | 74.19 Bn | 73.65 Bn | 3.85 Bn | 1.59 Bn |
| 5 | Edwards Lifesciences | 52.73 Bn | 48.48 Bn | 1.35 Bn | 392.40 Mn |
| 6 | Dexcom | 34.64 Bn | 32.70 Bn | 830.00 Mn | 478.40 Mn |
| 7 | GE HealthCare Technologies | 34.13 Bn | 32.02 Bn | 2.18 Bn | 2.25 Bn |
| 8 | Koninklijke Philips | 26.52 Bn | 23.20 Bn | 4.55 Bn | 2.57 Bn |
| 9 | Steris | 23.23 Bn | 22.75 Bn | 684.20 Mn | 808.60 Mn |
| 10 | iRhythm Holdings | 4.17 Bn | 3.58 Bn | 163.21 Mn | 60.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 60.97 Mn |
| Jun 30, 2026 | 60.97 Mn |
| 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 |