iRhythm Holdings (IRTC) Operating Expenses (2015 - 2026)
iRhythm Holdings (IRTC) posted quarterly 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 reported Operating Expenses for 12 consecutive years, with $157.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 11.12% year-over-year to $157.5 million; the TTM figure through Mar 2026 stood at $600.4 million (up 11.36% YoY), while the FY2025 annual figure was $584.7 million, up 11.78% from the prior year.
- Operating Expenses improved to $157.5 million in Q1 2026 per IRTC's latest filing, from $145.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $157.5 million in Q1 2026 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 40.84% — and 2024, when it dropped 5.89%.
- iRhythm Holdings' Operating Expenses stood at $99.4 million in 2022, then gained by 27.37% to $126.6 million in 2023, then retreated by 5.89% to $119.2 million in 2024, then climbed by 22.34% to $145.8 million in 2025, then climbed 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.20 Bn | 194.60 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Stryker | 129.69 Bn | 126.21 Bn | 4.50 Bn | 2.84 Bn |
| 3 | Medtronic | 120.14 Bn | 110.92 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 74.16 Bn | 73.62 Bn | 3.85 Bn | 2.67 Bn |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.43 Bn | 1.35 Bn | 846.40 Mn |
| 6 | Dexcom | 34.57 Bn | 32.62 Bn | 830.00 Mn | 511.70 Mn |
| 7 | GE HealthCare Technologies | 34.09 Bn | 31.98 Bn | 2.18 Bn | 1.44 Bn |
| 8 | Koninklijke Philips | 26.49 Bn | 23.17 Bn | 4.55 Bn | -741.59 Mn |
| 9 | Steris | 23.19 Bn | 22.70 Bn | 684.20 Mn | 398.30 Mn |
| 10 | iRhythm Holdings | 4.18 Bn | 3.59 Bn | 163.21 Mn | 165.75 Mn |
Historic Data
Download 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 |