iRhythm Holdings (IRTC) Tax Rate (2025)
iRhythm Holdings (IRTC) recorded Tax Rate of -3.72% in Q1 2026, down 1.51 percentage points from -2.21% a year earlier and down 11.14 percentage points from the prior quarter.
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Analysis
iRhythm Holdings (IRTC) Tax Rate (2025) Analysis & Trends
For FY2025, iRhythm Holdings reported Tax Rate of -2.19%, down 1.68 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -1.66 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at -0.50% in FY2024 (+0.11 pp), -0.61% in FY2023 (-0.38 pp), -0.23% in FY2022 (+0.13 pp) and -0.36% in FY2021 (+0.16 pp).
- The Q1 2026 figure is the lowest quarterly Tax Rate since Q4 2024.
- On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of +0.91 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 20.19 percentage points in Q4 2025, against a drop of 12.11 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 7.42% (Q4 2025), -0.46% (Q3 2025) and 1.39% (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 101.22 Bn | 97.23 Bn | - | 22.61% |
| 2 | Natera | 59.29 Bn | 54.98 Bn | 485.19 Mn | - |
| 3 | Quest Diagnostics | 26.56 Bn | 24.69 Bn | 1.03 Bn | 21.36% |
| 4 | Labcorp Holdings | 26.41 Bn | 24.16 Bn | 1.11 Bn | 22.59% |
| 5 | Tenet Healthcare | 22.49 Bn | 11.49 Bn | - | 22.01% |
| 6 | Guardant Health | 22.12 Bn | 18.19 Bn | 219.03 Mn | - |
| 7 | BrightSpring Health Services | 12.91 Bn | 11.24 Bn | 492.75 Mn | 7.39% |
| 8 | Fresenius Medical Care AG | 12.56 Bn | 4.51 Bn | 1.52 Bn | 23.45% |
| 9 | Tempus AI | 12.17 Bn | 9.20 Bn | 246.50 Mn | 3.51% |
| 10 | iRhythm Holdings | 3.74 Bn | 1.45 Bn | 163.21 Mn | - |
API Access
iRhythm Holdings Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=IRTC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "IRTC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=IRTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();