iRhythm Holdings IRTC
NASDAQ IRTC
$121.07 -1.17 (-0.96%)
As of: Sep 9, 2026 · 2:23 PM EDT

iRhythm Holdings (IRTC) Gross Margin (2015 - 2026)

iRhythm Holdings' (IRTC) quarterly Gross Margin came in at 72.8% in Q2 2026, up 164.0% year-over-year from 27.58% in Q2 2025, and up 2.7% quarter-over-quarter from 70.89% in Q1 2026.

Analysis

iRhythm Holdings (IRTC) Gross Margin (2015 - 2026) Analysis & Trends

iRhythm Holdings (IRTC) has reported Gross Margin for 12 consecutive years, with 72.8% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin rose 164.0% year-over-year to 72.8% in Q2 2026; TTM through Jun 2026 was 71.45%, a 167.0% increase from a year earlier, with the FY2025 full-year figure at 70.57%, up 171.0% from the prior year.
  • Gross Margin was 72.8% for Q2 2026 at iRhythm Holdings, up from 70.89% in the prior quarter.
  • Over five years, Gross Margin peaked at 72.8% in Q2 2026 and troughed at 65.98% in Q4 2023.
  • A 5-year average of 69.12% and a median of 69.15% in 2022 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin surged 720 bps in 2022 and slumped 391 bps in 2023, its largest moves.
  • Over 5 years, Gross Margin stood at 69.89% in 2022, then retreated by 6 bps to 65.98% in 2023, then grew by 6 bps to 70.02% in 2024, then advanced by 1 bps to 70.88% in 2025, then climbed by 3 bps to 72.8% in 2026.
  • The last three Gross Margin figures came in at 72.8% (Q2 2026), 70.89% (Q1 2026), and 70.88% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Natera 47.12 Bn 46.02 Bn 486.15 Mn 64.58%
2 Labcorp Holdings 26.25 Bn 26.10 Bn 1.11 Bn 29.80%
3 Quest Diagnostics 26.02 Bn 25.40 Bn 1.03 Bn 33.75%
4 Guardant Health 21.89 Bn 20.84 Bn 219.03 Mn 65.39%
5 Tempus AI 11.21 Bn 10.39 Bn 274.25 Mn 71.70%
6 Caris Life Sciences 6.94 Bn 6.14 Bn 182.38 Mn 69.16%
7 Sotera Health 5.22 Bn 4.86 Bn 177.96 Mn 55.38%
8 BillionToOne 4.75 Bn 4.20 Bn 77.11 Mn 70.45%
9 iRhythm Holdings 3.98 Bn 3.39 Bn 163.21 Mn 72.80%
10 Adaptive Biotechnologies 3.90 Bn 3.56 Bn 51.39 Mn 71.82%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 72.80%
Mar 31, 2026 70.89%
Dec 31, 2025 70.88%
Sep 30, 2025 71.09%
Jun 30, 2025 71.17%
Mar 31, 2025 68.83%
Dec 31, 2024 70.02%
Sep 30, 2024 68.78%
Jun 30, 2024 69.89%
Mar 31, 2024 66.34%
Dec 31, 2023 65.98%
Sep 30, 2023 66.19%
Jun 30, 2023 69.46%
Mar 31, 2023 67.91%
Dec 31, 2022 69.89%
Sep 30, 2022 68.28%
Jun 30, 2022 68.83%
Mar 31, 2022 66.85%
Dec 31, 2021 62.69%
Sep 30, 2021 65.72%