iRhythm Holdings IRTC
NASDAQ IRTC
$111.75 -0.07 (-0.06%)
At close: Sep 17, 2026 · 4:00 PM EDT

iRhythm Holdings (IRTC) Research & Development (2015 - 2026)

iRhythm Holdings' (IRTC) quarterly Research & Development came in at $19.8 million in Q2 2026, down 5.56% year-over-year from $21.0 million in Q2 2025, and down 7.09% quarter-over-quarter from $21.4 million in Q1 2026.

Analysis

iRhythm Holdings (IRTC) Research & Development (2015 - 2026) Analysis & Trends

iRhythm Holdings (IRTC) has reported Research & Development for 12 consecutive years, with $19.8 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Research & Development fell 5.56% year-over-year to $19.8 million in Q2 2026; TTM through Jun 2026 was $83.3 million, a 7.73% increase from a year earlier, with the FY2025 full-year figure at $84.6 million, up 18.4% from the prior year.
  • Research & Development was $19.8 million for Q2 2026 at iRhythm Holdings, down from $21.4 million in the prior quarter.
  • Over five years, Research & Development peaked at $21.5 million in Q1 2025 and troughed at $10.5 million in Q1 2022.
  • A 5-year average of $16.9 million and a median of $16.7 million in 2023 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development soared 43.96% in 2024 and decreased 5.56% in 2026, its largest moves.
  • Over 5 years, Research & Development stood at $12.7 million in 2022, then increased by 21.63% to $15.4 million in 2023, then advanced by 23.77% to $19.1 million in 2024, then grew by 10.3% to $21.0 million in 2025, then slipped by 5.72% to $19.8 million in 2026.
  • The last three Research & Development figures came in at $19.8 million (Q2 2026), $21.4 million (Q1 2026), and $21.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Natera 49.39 Bn 48.29 Bn 486.15 Mn 228.07 Mn
2 Quest Diagnostics 27.49 Bn 26.86 Bn 1.03 Bn -
3 Labcorp Holdings 26.51 Bn 26.37 Bn 1.11 Bn -
4 Guardant Health 23.17 Bn 22.12 Bn 219.03 Mn 189.95 Mn
5 Tempus AI 12.59 Bn 11.77 Bn 274.25 Mn 52.64 Mn
6 Caris Life Sciences 8.01 Bn 7.22 Bn 182.38 Mn 53.76 Mn
7 Sotera Health 5.53 Bn 5.17 Bn 177.96 Mn -
8 BillionToOne 4.80 Bn 4.25 Bn 77.11 Mn 17.32 Mn
9 Adaptive Biotechnologies 4.40 Bn 4.05 Bn 51.39 Mn 26.41 Mn
10 iRhythm Holdings 3.68 Bn 3.08 Bn 163.21 Mn 19.84 Mn
Historic Data

Historic Data

Download Data
DateValue
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