iRhythm Holdings (IRTC) Gross Margin (2015 - 2026)
iRhythm Holdings (IRTC) reported Gross Margin of 70.89% for Q1 2026, up 206.0% year-over-year from 23.17% in Q1 2025, and little changed on a QoQ basis from 70.88% in Q4 2025.
iRhythm Holdings (IRTC) has 12 years of Gross Margin data on file, last reported at 70.89% in Q1 2026.
- Quarterly Gross Margin rose 206.0% year-over-year to 70.89% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 71.0% (up 161.0% YoY) and the FY2025 annual result came in at 70.57%, up 171.0% from the prior year.
- Gross Margin steadied 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.
- The 5-year median for Gross Margin is 68.83% (2022), against an average of 68.9%.
- The widest annual swing landed in 2022, when Gross Margin jumped 720 bps; it then tumbled 391 bps in 2023.
- Tracing IRTC's Gross Margin over 5 years: stood at 69.89% in 2022, then fell by 6 bps to 65.98% in 2023, then climbed by 6 bps to 70.02% in 2024, then gained by 1 bps to 70.88% in 2025, then grew by 0 bps to 70.89% in 2026.
- Per Business Quant, the three latest IRTC Gross Margin figures stand at 70.89% (Q1 2026), 70.88% (Q4 2025), and 71.09% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 78.01% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 62.95% |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 38.53% |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 43.89% |
| 10 | iRhythm Holdings | 3.55 Bn | 3.00 Bn | 141.35 Mn | 70.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Mar 31, 2021 | 68.43% |
| Dec 31, 2020 | 73.99% |
| Sep 30, 2020 | 74.66% |
| Jun 30, 2020 | 69.57% |
| Mar 31, 2020 | 74.72% |
| Dec 31, 2019 | 76.46% |
| Sep 30, 2019 | 74.79% |
| Jun 30, 2019 | 75.19% |
| Mar 31, 2019 | 75.64% |
| Dec 31, 2018 | 74.14% |
| Sep 30, 2018 | 74.11% |
| Jun 30, 2018 | 73.12% |
| Mar 31, 2018 | 73.08% |
| Dec 31, 2017 | 72.65% |
| Sep 30, 2017 | 72.36% |
| Jun 30, 2017 | 71.73% |
| Mar 31, 2017 | 70.44% |
| Dec 31, 2016 | 69.07% |
| Sep 30, 2016 | 68.52% |
| Jun 30, 2016 | 67.23% |
| Mar 31, 2016 | 63.75% |
| Dec 31, 2015 | 61.66% |
| Sep 30, 2015 | 59.89% |