iRhythm Holdings (IRTC) Operating Expenses (2015 - 2026)
iRhythm Holdings' (IRTC) quarterly Operating Expenses came in at $165.7 million in Q2 2026, up 9.36% year-over-year from $151.6 million in Q2 2025, and up 5.21% quarter-over-quarter from $157.5 million in Q1 2026.
Analysis
iRhythm Holdings (IRTC) Operating Expenses (2015 - 2026) Analysis & Trends
iRhythm Holdings (IRTC) has reported Operating Expenses for 12 consecutive years, with $165.7 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 9.36% year-over-year to $165.7 million in Q2 2026; TTM through Jun 2026 was $614.6 million, a 8.92% increase from a year earlier, with the FY2025 full-year figure at $584.7 million, up 11.78% from the prior year.
- Operating Expenses was $165.7 million for Q2 2026 at iRhythm Holdings, up from $157.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $165.7 million in Q2 2026 and troughed at $92.0 million in Q3 2022.
- A 5-year average of $126.9 million and a median of $126.1 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses soared 40.84% in 2022 and slipped 5.89% in 2024, its largest moves.
- Over 5 years, Operating Expenses stood at $99.4 million in 2022, then increased by 27.37% to $126.6 million in 2023, then declined by 5.89% to $119.2 million in 2024, then gained by 22.34% to $145.8 million in 2025, then grew by 13.71% to $165.7 million in 2026.
- The last three Operating Expenses figures came in at $165.7 million (Q2 2026), $157.5 million (Q1 2026), and $145.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 47.02 Bn | 45.92 Bn | 486.15 Mn | 828.54 Mn |
| 2 | Labcorp Holdings | 26.15 Bn | 26.01 Bn | 1.11 Bn | 582.30 Mn |
| 3 | Quest Diagnostics | 25.87 Bn | 25.25 Bn | 1.03 Bn | 2.58 Bn |
| 4 | Guardant Health | 21.79 Bn | 20.74 Bn | 219.03 Mn | 464.10 Mn |
| 5 | Tempus AI | 11.20 Bn | 10.38 Bn | 274.25 Mn | 458.40 Mn |
| 6 | Caris Life Sciences | 6.94 Bn | 6.15 Bn | 182.38 Mn | 236.79 Mn |
| 7 | Sotera Health | 5.24 Bn | 4.88 Bn | 177.96 Mn | 68.16 Mn |
| 8 | BillionToOne | 4.66 Bn | 4.11 Bn | 77.11 Mn | 71.60 Mn |
| 9 | iRhythm Holdings | 3.99 Bn | 3.40 Bn | 163.21 Mn | 165.75 Mn |
| 10 | Adaptive Biotechnologies | 3.90 Bn | 3.55 Bn | 51.39 Mn | 87.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 165.75 Mn |
| Mar 31, 2026 | 157.54 Mn |
| Dec 31, 2025 | 145.77 Mn |
| Sep 30, 2025 | 145.55 Mn |
| Jun 30, 2025 | 151.57 Mn |
| Mar 31, 2025 | 141.77 Mn |
| Dec 31, 2024 | 119.15 Mn |
| Sep 30, 2024 | 151.78 Mn |
| Jun 30, 2024 | 126.45 Mn |
| Mar 31, 2024 | 125.65 Mn |
| Dec 31, 2023 | 126.61 Mn |
| Sep 30, 2023 | 110.08 Mn |
| Jun 30, 2023 | 105.10 Mn |
| Mar 31, 2023 | 115.19 Mn |
| Dec 31, 2022 | 99.41 Mn |
| Sep 30, 2022 | 92.01 Mn |
| Jun 30, 2022 | 93.70 Mn |
| Mar 31, 2022 | 110.31 Mn |
| Dec 31, 2021 | 83.48 Mn |
| Sep 30, 2021 | 79.43 Mn |