iRhythm Holdings (IRTC) Tax Rate (2018 - 2026)
iRhythm Holdings (IRTC) reported Tax Rate of 3.72% for Q1 2026, down 151.0% year-over-year from 7.3% in Q1 2025, and down 150.18% on a QoQ basis from 7.42% in Q4 2025.
iRhythm Holdings (IRTC) has 9 years of Tax Rate data on file, last reported at 3.72% in Q1 2026.
- Quarterly Tax Rate fell 151.0% year-over-year to 3.72% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.92% (down 169.0% YoY) and the FY2025 annual result came in at 2.19%, down 168.0% from the prior year.
- Tax Rate fell to 3.72% in Q1 2026 per IRTC's latest filing, from 7.42% in the prior quarter.
- Across five years, Tax Rate topped out at 7.42% in Q4 2025 and bottomed at 12.77% in Q4 2024.
- The 5-year median for Tax Rate is 0.46% (2025), against an average of 0.93%.
- The widest annual swing landed in 2024, when Tax Rate sank 1211 bps; it then jumped 2019 bps in 2025.
- Tracing IRTC's Tax Rate over 5 years: stood at 0.36% in 2022, then tumbled by 83 bps to 0.66% in 2023, then plunged by 1826 bps to 12.77% in 2024, then surged by 158 bps to 7.42% in 2025, then slumped by 150 bps to 3.72% in 2026.
- Per Business Quant, the three latest IRTC Tax Rate figures stand at 3.72% (Q1 2026), 7.42% (Q4 2025), and 0.46% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 25.67 |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 12.35 |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 18.09 |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | -15.15 |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 17.06 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -23.16 |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 25.97 |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 18.61 |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 27.65 |
| 10 | iRhythm Holdings | 3.55 Bn | 3.00 Bn | 141.35 Mn | -3.72 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.72 |
| Mar 31, 2026 | -3.72 |
| Dec 31, 2025 | 7.42 |
| Dec 31, 2025 | 7.42 |
| Sep 30, 2025 | -0.46 |
| Sep 30, 2025 | -0.46 |
| Jun 30, 2025 | 1.27 |
| Jun 30, 2025 | 1.27 |
| Mar 31, 2025 | -2.21 |
| Mar 31, 2025 | -2.21 |
| Dec 31, 2024 | -12.77 |
| Dec 31, 2024 | -12.77 |
| Sep 30, 2024 | -0.41 |
| Sep 30, 2024 | -0.41 |
| Jun 30, 2024 | -0.97 |
| Jun 30, 2024 | -0.97 |
| Mar 31, 2024 | -0.07 |
| Mar 31, 2024 | -0.07 |
| Dec 31, 2023 | -0.66 |
| Dec 31, 2023 | -0.66 |
| Sep 30, 2023 | -0.72 |
| Sep 30, 2023 | -0.72 |
| Jun 30, 2023 | -1.17 |
| Jun 30, 2023 | -1.17 |
| Mar 31, 2023 | -0.22 |
| Mar 31, 2023 | -0.22 |
| Dec 31, 2022 | -0.36 |
| Dec 31, 2022 | -0.36 |
| Sep 30, 2022 | -0.54 |
| Sep 30, 2022 | -0.54 |
| Jun 30, 2022 | -0.14 |
| Jun 30, 2022 | -0.14 |
| Mar 31, 2022 | -0.09 |
| Mar 31, 2022 | -0.09 |
| Dec 31, 2021 | -0.18 |
| Dec 31, 2021 | -0.18 |
| Sep 30, 2021 | -0.40 |
| Sep 30, 2021 | -0.40 |
| Jun 30, 2021 | -0.67 |
| Jun 30, 2021 | -0.67 |
| Mar 31, 2021 | -0.35 |
| Mar 31, 2021 | -0.35 |
| Dec 31, 2020 | 0.25 |
| Dec 31, 2020 | 0.25 |
| Sep 30, 2020 | -2.30 |
| Sep 30, 2020 | -2.30 |
| Jun 30, 2020 | -0.65 |
| Jun 30, 2020 | -0.65 |
| Mar 31, 2020 | -0.19 |
| Mar 31, 2020 | -0.19 |
| Dec 31, 2019 | -0.10 |
| Dec 31, 2019 | -0.10 |
| Sep 30, 2019 | -0.11 |
| Sep 30, 2019 | -0.11 |
| Jun 30, 2019 | -0.14 |
| Jun 30, 2019 | -0.14 |
| Mar 31, 2019 | -0.15 |
| Mar 31, 2019 | -0.15 |
| Dec 31, 2018 | -0.27 |
| Dec 31, 2018 | -0.27 |