iRhythm Holdings (IRTC) Operating Expenses (2015 - 2026)
iRhythm Holdings (IRTC) reported Operating Expenses of $157.5 million for Q1 2026, up 11.12% year-over-year from $141.8 million in Q1 2025, and up 8.07% quarter-over-quarter 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.
- Operating Expenses for Q1 2026 came in at $157.5 million, up 11.12% year-over-year; the trailing twelve-month figure through Mar 2026 was $600.4 million (up 11.36% YoY), and the FY2025 annual result was $584.7 million, up 11.78% from the prior year.
- Operating Expenses grew to $157.5 million in Q1 2026 per IRTC's latest filing, from $145.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $157.5 million in Q1 2026 and troughed at $92.0 million in Q3 2022.
- A 5-year average of $124.6 million and a median of $125.7 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 40.84% in 2022, then dropped 5.89% in 2024.
- A 5-year view of Operating Expenses shows it stood at $99.4 million in 2022, then rose by 27.37% to $126.6 million in 2023, then fell by 5.89% to $119.2 million in 2024, then advanced by 22.34% to $145.8 million in 2025, then advanced by 8.07% to $157.5 million in 2026.
- Business Quant data shows IRTC's Operating Expenses at $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 | 152.92 Bn | 146.27 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 119.50 Bn | 116.62 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 102.71 Bn | 94.54 Bn | 5.76 Bn | 3.76 Bn |
| 4 | Boston Scientific | 69.72 Bn | 68.51 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 49.24 Bn | 45.57 Bn | 1.29 Bn | 822.60 Mn |
| 6 | GE HealthCare Technologies | 29.74 Bn | 27.67 Bn | 1.98 Bn | 1.46 Bn |
| 7 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -668.50 Mn |
| 8 | Dexcom | 28.96 Bn | 27.84 Bn | 750.30 Mn | 495.00 Mn |
| 9 | Steris | 20.31 Bn | 19.88 Bn | 697.10 Mn | 380.30 Mn |
| 10 | iRhythm Holdings | 3.68 Bn | 3.13 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 |