iRhythm Holdings (IRTC) Research & Development (2015 - 2026)
iRhythm Holdings (IRTC) posted quarterly 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% quarter-over-quarter from $21.0 million in Q4 2025.
iRhythm Holdings (IRTC) Research & Development (2015 - 2026) Analysis & Trends
iRhythm Holdings (IRTC) has reported Research & Development for 12 consecutive years, with $21.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 0.75% year-over-year to $21.4 million; the TTM figure through Mar 2026 stood at $84.4 million (up 11.14% YoY), while the FY2025 annual figure was $84.6 million, up 18.4% from the prior year.
- Research & Development grew 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.
- Historically, Research & Development has averaged $16.7 million across 5 years, with a median of $16.3 million in 2023.
- On a YoY basis, Research & Development climbed as much as 43.96% in 2024 and fell as far as 3.77% in 2024.
- iRhythm Holdings' Research & Development stood at $12.7 million in 2022, then gained by 21.63% to $15.4 million in 2023, then grew by 23.77% to $19.1 million in 2024, then rose by 10.3% to $21.0 million in 2025, then rose by 1.48% to $21.4 million in 2026.
- Business Quant data shows IRTC's Research & Development at $21.4 million in Q1 2026, $21.0 million in Q4 2025, and $21.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.19 Bn | 194.59 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Stryker | 129.95 Bn | 126.47 Bn | 4.50 Bn | 434.00 Mn |
| 3 | Medtronic | 120.06 Bn | 110.84 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 74.14 Bn | 73.60 Bn | 3.85 Bn | 554.00 Mn |
| 5 | Edwards Lifesciences | 52.74 Bn | 48.49 Bn | 1.35 Bn | 278.90 Mn |
| 6 | Dexcom | 34.60 Bn | 32.65 Bn | 830.00 Mn | 153.00 Mn |
| 7 | GE HealthCare Technologies | 34.20 Bn | 32.10 Bn | 2.18 Bn | 323.00 Mn |
| 8 | Koninklijke Philips | 26.46 Bn | 23.13 Bn | 4.55 Bn | -562.58 Mn |
| 9 | Steris | 23.25 Bn | 22.77 Bn | 684.20 Mn | 28.60 Mn |
| 10 | iRhythm Holdings | 4.20 Bn | 3.61 Bn | 163.21 Mn | 19.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 19.84 Mn |
| 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 |