iRhythm Holdings (IRTC) Net Margin (2015 - 2026)
iRhythm Holdings' (IRTC) quarterly Net Margin came in at 0.17% in Q2 2026, up 744.0% year-over-year from 0.02% in Q2 2025, and up 97.57% quarter-over-quarter from 6.99% in Q1 2026.
Analysis
iRhythm Holdings (IRTC) Net Margin (2015 - 2026) Analysis & Trends
iRhythm Holdings (IRTC) has reported Net Margin for 12 consecutive years, with 0.17% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin rose 744.0% year-over-year to 0.17% in Q2 2026; TTM through Jun 2026 was 1.69%, a 1237.0% increase from a year earlier, with the FY2025 full-year figure at 5.96%, up 1318.0% from the prior year.
- Net Margin was 0.17% for Q2 2026 at iRhythm Holdings, up from 6.99% in the prior quarter.
- Over five years, Net Margin peaked at 2.67% in Q4 2025 and troughed at 54.78% in Q1 2022.
- A 5-year average of 18.46% and a median of 18.64% in 2022 frame the typical range for Net Margin.
- Across the five-year window, Net Margin tumbled 1740 bps in 2022 and soared 2860 bps in 2025, its largest moves.
- Over 5 years, Net Margin stood at 17.94% in 2022, then slumped by 63 bps to 29.2% in 2023, then surged by 97 bps to 0.81% in 2024, then jumped by 429 bps to 2.67% in 2025, then tumbled by 106 bps to 0.17% in 2026.
- The last three Net Margin figures came in at 0.17% (Q2 2026), 6.99% (Q1 2026), and 2.67% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 46.93 Bn | 45.83 Bn | 486.15 Mn | -8.89% |
| 2 | Labcorp Holdings | 26.05 Bn | 25.90 Bn | 1.11 Bn | 8.02% |
| 3 | Quest Diagnostics | 25.81 Bn | 25.18 Bn | 1.03 Bn | 10.65% |
| 4 | Guardant Health | 21.79 Bn | 20.73 Bn | 219.03 Mn | -35.87% |
| 5 | Tempus AI | 11.14 Bn | 10.33 Bn | 274.25 Mn | 2.22% |
| 6 | Caris Life Sciences | 6.90 Bn | 6.11 Bn | 182.38 Mn | -0.24% |
| 7 | Sotera Health | 5.19 Bn | 4.84 Bn | 177.96 Mn | 16.69% |
| 8 | BillionToOne | 4.74 Bn | 4.19 Bn | 77.11 Mn | 7.36% |
| 9 | iRhythm Holdings | 3.97 Bn | 3.38 Bn | 163.21 Mn | -0.17% |
| 10 | Adaptive Biotechnologies | 3.88 Bn | 3.54 Bn | 51.39 Mn | -22.65% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.17% |
| Mar 31, 2026 | -6.99% |
| Dec 31, 2025 | 2.67% |
| Sep 30, 2025 | -2.70% |
| Jun 30, 2025 | -7.61% |
| Mar 31, 2025 | -19.35% |
| Dec 31, 2024 | -0.81% |
| Sep 30, 2024 | -31.30% |
| Jun 30, 2024 | -13.58% |
| Mar 31, 2024 | -34.61% |
| Dec 31, 2023 | -29.20% |
| Sep 30, 2023 | -21.76% |
| Jun 30, 2023 | -14.89% |
| Mar 31, 2023 | -35.10% |
| Dec 31, 2022 | -17.94% |
| Sep 30, 2022 | -20.65% |
| Jun 30, 2022 | -23.42% |
| Mar 31, 2022 | -54.78% |
| Dec 31, 2021 | -39.72% |
| Sep 30, 2021 | -27.78% |