iRhythm Holdings (IRTC) Gross Margin (2015 - 2026)
iRhythm Holdings (IRTC) posted quarterly Gross Margin of 70.89% for Q1 2026, up 206.0% year-over-year from 23.17% in Q1 2025, and little changed quarter-over-quarter from 70.88% in Q4 2025.
iRhythm Holdings (IRTC) Gross Margin (2015 - 2026) Analysis & Trends
iRhythm Holdings (IRTC) has reported Gross Margin for 12 consecutive years, with 70.89% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 206.0% year-over-year to 70.89%; the TTM figure through Mar 2026 stood at 71.0% (up 161.0% YoY), while the FY2025 annual figure was 70.57%, up 171.0% from the prior year.
- Gross Margin was little changed at 70.89% in Q1 2026 per IRTC's latest filing, from 70.88% in the prior quarter.
- Across five years, Gross Margin topped out at 71.17% in Q2 2025 and bottomed at 65.98% in Q4 2023.
- Historically, Gross Margin has averaged 68.9% across 5 years, with a median of 68.83% in 2022.
- Annual changes were most pronounced in 2022 — Gross Margin soared 720 bps — and 2023, when it sank 391 bps.
- iRhythm Holdings' Gross Margin stood at 69.89% in 2022, then slipped by 6 bps to 65.98% in 2023, then rose by 6 bps to 70.02% in 2024, then grew by 1 bps to 70.88% in 2025, then gained by 0 bps to 70.89% in 2026.
- Business Quant data shows IRTC's Gross Margin at 70.89% in Q1 2026, 70.88% in Q4 2025, and 71.09% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.51 Bn | 194.91 Bn | 7.27 Bn | 57.71% |
| 2 | Stryker | 129.96 Bn | 126.48 Bn | 4.50 Bn | 68.27% |
| 3 | Medtronic | 120.18 Bn | 110.96 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 74.28 Bn | 73.74 Bn | 3.85 Bn | 70.71% |
| 5 | Edwards Lifesciences | 52.75 Bn | 48.50 Bn | 1.35 Bn | 77.46% |
| 6 | Dexcom | 34.67 Bn | 32.73 Bn | 830.00 Mn | 63.44% |
| 7 | GE HealthCare Technologies | 34.23 Bn | 32.12 Bn | 2.18 Bn | 41.17% |
| 8 | Koninklijke Philips | 26.46 Bn | 23.14 Bn | 4.55 Bn | 47.38% |
| 9 | Steris | 23.30 Bn | 22.82 Bn | 684.20 Mn | 45.84% |
| 10 | iRhythm Holdings | 4.22 Bn | 3.63 Bn | 163.21 Mn | 72.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |