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
DateValue
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