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

iRhythm Holdings' (IRTC) quarterly Gross Margin came in at 70.89% in Q1 2026, up 206.0% year-on-year from 23.17% in Q1 2025, and little changed on a QoQ basis from 70.88% in Q4 2025.

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

iRhythm Holdings (IRTC) has 12 years of Gross Margin data on file, last reported at 70.89% in Q1 2026.

  • On a quarterly basis, Gross Margin rose 206.0% year-over-year to 70.89% in Q1 2026; TTM through Mar 2026 was 71.0%, a 161.0% increase from a year earlier, with the FY2025 full-year figure at 70.57%, up 171.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 70.89%, roughly flat from 70.88% in the prior quarter.
  • Over the last five years, Gross Margin for IRTC reached as high as 71.17% in Q2 2025 and fell as low as 65.98% in Q4 2023.
  • Historically, Gross Margin has averaged 68.9% across 5 years, with a median of 68.83% in 2022.
  • Across the five-year window, Gross Margin jumped 720 bps in 2022 and tumbled 391 bps in 2023, its largest moves.
  • Year by year, Gross Margin stood at 69.89% in 2022, then declined by 6 bps to 65.98% in 2023, then advanced by 6 bps to 70.02% in 2024, then rose by 1 bps to 70.88% in 2025, then climbed by 0 bps to 70.89% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 70.89% in Q1 2026, 70.88% in Q4 2025, and 71.09% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Abbott Laboratories 183.95 Bn 176.66 Bn 6.27 Bn 56.20%
2 Stryker 129.08 Bn 126.21 Bn 3.81 Bn 63.29%
3 Medtronic 108.57 Bn 99.35 Bn 6.41 Bn 65.35%
4 Boston Scientific 68.52 Bn 67.07 Bn 3.61 Bn 69.46%
5 Edwards Lifesciences 48.35 Bn 44.68 Bn 1.29 Bn 78.01%
6 Dexcom 28.35 Bn 27.24 Bn 750.30 Mn 62.95%
7 GE HealthCare Technologies 28.17 Bn 25.88 Bn 1.98 Bn 38.53%
8 Smith & Nephew 26.91 Bn 26.33 Bn - -
9 Koninklijke Philips 24.37 Bn 21.25 Bn 2.07 Bn 45.22%
10 iRhythm Holdings 3.65 Bn 3.10 Bn 141.35 Mn 70.89%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 68.02%