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

iRhythm Holdings' (IRTC) quarterly Research & Development came in at $21.4 million in Q1 2026, down 0.75% year-on-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) Research & Development (2015 - 2026) Analysis & Trends

iRhythm Holdings (IRTC) has 12 years of Research & Development data on file, last reported at $21.4 million in Q1 2026.

  • On a quarterly basis, Research & Development fell 0.75% year-over-year to $21.4 million in Q1 2026; TTM through Mar 2026 was $84.4 million, a 11.14% increase from a year earlier, with the FY2025 full-year figure at $84.6 million, up 18.4% from the prior year.
  • Research & Development for Q1 2026 stood at $21.4 million, up from $21.0 million in the prior quarter.
  • Over the last five years, Research & Development for IRTC reached as high as $21.5 million in Q1 2025 and fell as low as $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.
  • Year by year, Research & Development stood at $12.7 million in 2022, then climbed by 21.63% to $15.4 million in 2023, then rose by 23.77% to $19.1 million in 2024, then advanced by 10.3% to $21.0 million in 2025, then advanced by 1.48% to $21.4 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $21.4 million in Q1 2026, $21.0 million in Q4 2025, and $21.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 767.00 Mn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 413.00 Mn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 671.00 Mn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 516.00 Mn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 263.30 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 145.30 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -461.27 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 345.00 Mn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 iRhythm Holdings 3.50 Bn 2.95 Bn 141.35 Mn 21.36 Mn

Historic Data

Download Data
DateValue
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