iRhythm Holdings (IRTC) Research & Development (2015 - 2026)
iRhythm Holdings (IRTC) reported Research & Development of $21.4 million for Q1 2026, down 0.75% year-over-year from $21.5 million in Q1 2025, and up 1.48% on a QoQ basis from $21.0 million in Q4 2025.
iRhythm Holdings (IRTC) has 12 years of Research & Development data on file, last reported at $21.4 million in Q1 2026.
- Quarterly Research & Development fell 0.75% year-over-year to $21.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $84.4 million (up 11.14% YoY) and the FY2025 annual result came in at $84.6 million, up 18.4% from the prior year.
- Research & Development improved to $21.4 million in Q1 2026 per IRTC's latest filing, from $21.0 million in the prior quarter.
- Across five years, Research & Development topped out at $21.5 million in Q1 2025 and bottomed at $10.5 million in Q1 2022.
- The 5-year median for Research & Development is $16.3 million (2023), against an average of $16.7 million.
- Peak annual rise in Research & Development reached 43.96% in 2024, while the deepest fall reached 3.77% in 2024.
- Tracing IRTC's Research & Development over 5 years: stood at $12.7 million in 2022, then grew by 21.63% to $15.4 million in 2023, then gained by 23.77% to $19.1 million in 2024, then climbed by 10.3% to $21.0 million in 2025, then climbed by 1.48% to $21.4 million in 2026.
- Per Business Quant, the three latest IRTC Research & Development figures stand at $21.4 million (Q1 2026), $21.0 million (Q4 2025), and $21.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 722.00 Mn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -461.27 Mn |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 145.30 Mn |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 28.80 Mn |
| 10 | iRhythm Holdings | 3.55 Bn | 3.00 Bn | 141.35 Mn | 21.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.36 Mn |
| Dec 31, 2025 | 21.05 Mn |
| Sep 30, 2025 | 21.03 Mn |
| Jun 30, 2025 | 21.01 Mn |
| Mar 31, 2025 | 21.52 Mn |
| Dec 31, 2024 | 19.08 Mn |
| Sep 30, 2024 | 15.69 Mn |
| Jun 30, 2024 | 19.69 Mn |
| Mar 31, 2024 | 16.99 Mn |
| Dec 31, 2023 | 15.42 Mn |
| Sep 30, 2023 | 16.31 Mn |
| Jun 30, 2023 | 13.68 Mn |
| Mar 31, 2023 | 14.84 Mn |
| Dec 31, 2022 | 12.68 Mn |
| Sep 30, 2022 | 11.45 Mn |
| Jun 30, 2022 | 11.95 Mn |
| Mar 31, 2022 | 10.54 Mn |
| Dec 31, 2021 | 11.87 Mn |
| Sep 30, 2021 | 8.69 Mn |
| Jun 30, 2021 | 9.61 Mn |
| Mar 31, 2021 | 8.51 Mn |
| Dec 31, 2020 | 11.60 Mn |
| Sep 30, 2020 | 8.77 Mn |
| Jun 30, 2020 | 12.54 Mn |
| Mar 31, 2020 | 8.42 Mn |
| Dec 31, 2019 | 9.27 Mn |
| Sep 30, 2019 | 13.50 Mn |
| Jun 30, 2019 | 7.83 Mn |
| Mar 31, 2019 | 6.70 Mn |
| Dec 31, 2018 | 7.08 Mn |
| Sep 30, 2018 | 5.09 Mn |
| Jun 30, 2018 | 4.65 Mn |
| Mar 31, 2018 | 4.04 Mn |
| Dec 31, 2017 | 4.08 Mn |
| Sep 30, 2017 | 3.79 Mn |
| Jun 30, 2017 | 2.78 Mn |
| Mar 31, 2017 | 2.62 Mn |
| Dec 31, 2016 | 2.30 Mn |
| Sep 30, 2016 | 1.64 Mn |
| Jun 30, 2016 | 1.67 Mn |
| Mar 31, 2016 | 1.55 Mn |
| Dec 31, 2015 | 1.80 Mn |
| Sep 30, 2015 | 1.65 Mn |