iRhythm Holdings (IRTC) Operating Expenses (2015 - 2026)
iRhythm Holdings' (IRTC) quarterly Operating Expenses came in at $157.5 million in Q1 2026, up 11.12% year-on-year from $141.8 million in Q1 2025, and up 8.07% on a QoQ basis from $145.8 million in Q4 2025.
iRhythm Holdings (IRTC) Operating Expenses (2015 - 2026) Analysis & Trends
iRhythm Holdings (IRTC) has 12 years of Operating Expenses data on file, last reported at $157.5 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 11.12% year-over-year to $157.5 million in Q1 2026; TTM through Mar 2026 was $600.4 million, a 11.36% increase from a year earlier, with the FY2025 full-year figure at $584.7 million, up 11.78% from the prior year.
- Operating Expenses for Q1 2026 stood at $157.5 million, up from $145.8 million in the prior quarter.
- Over the last five years, Operating Expenses for IRTC reached as high as $157.5 million in Q1 2026 and fell as low as $92.0 million in Q3 2022.
- Historically, Operating Expenses has averaged $124.6 million across 5 years, with a median of $125.7 million in 2024.
- Across the five-year window, Operating Expenses surged 40.84% in 2022 and decreased 5.89% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $99.4 million in 2022, then climbed by 27.37% to $126.6 million in 2023, then slipped by 5.89% to $119.2 million in 2024, then increased by 22.34% to $145.8 million in 2025, then increased by 8.07% to $157.5 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $157.5 million in Q1 2026, $145.8 million in Q4 2025, and $145.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 785.50 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 495.00 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -668.50 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | -47.00 Mn |
| 10 | iRhythm Holdings | 3.50 Bn | 2.95 Bn | 141.35 Mn | 157.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 72.28 Mn |