iRhythm Holdings (IRTC) Operating Expenses (2015 - 2026)

For the trailing twelve months through Jun 30, 2026, Operating Expenses at iRhythm Holdings was $614.61 million, up 8.9% year-over-year; for FY2025, it was $584.66 million, up 11.8% from FY2024.

• Annual Operating Expenses has increased for 11 consecutive years, with a five-year compound annual growth rate of 19.6% (FY2020 to FY2025).
• In prior years, iRhythm Holdings' Operating Expenses was $523.04 million in FY2024 (+14.5%), $456.97 million in FY2023 (+15.6%), $395.42 million in FY2022 (+26.1%) and $313.51 million in FY2021 (+31.4%).
• The Q2 2026 figure stands as the highest quarterly Operating Expenses in data going back to Q3 2015.
• On a year-over-year basis, Operating Expenses has increased in each of the last three quarters, with growth averaging 12.9% over the last eight quarters.
• The strongest year-over-year quarter for Operating Expenses in the past five years was Q1 2022, with growth of 40.8%; the weakest was Q4 2024, with a decline of 5.9%.
• According to Business Quant data, Operating Expenses for the three prior quarters was $157.54 million (Q1 2026), $145.77 million (Q4 2025) and $145.55 million (Q3 2025).