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% quarter-over-quarter from 7.42% in Q4 2025.

iRhythm Holdings (IRTC) Tax Rate (2018 - 2026) Analysis & Trends

iRhythm Holdings (IRTC) has 9 years of Tax Rate data on file, last reported at 3.72% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 3.72%, down 151.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.92% (down 169.0% YoY), and the FY2025 annual result was 2.19%, down 168.0% from the prior year.
  • Tax Rate declined to 3.72% in Q1 2026 per IRTC's latest filing, from 7.42% in the prior quarter.
  • Over five years, Tax Rate peaked at 7.42% in Q4 2025 and troughed at 12.77% in Q4 2024.
  • A 5-year average of 0.93% and a median of 0.46% in 2025 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 1211 bps in 2024, then soared 2019 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 0.36% in 2022, then sank by 83 bps to 0.66% in 2023, then slumped by 1826 bps to 12.77% in 2024, then jumped by 158 bps to 7.42% in 2025, then plunged by 150 bps to 3.72% in 2026.
  • Business Quant data shows IRTC's Tax Rate at 3.72% in Q1 2026, 7.42% in Q4 2025, and 0.46% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 25.67
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 12.35
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 18.09
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn -15.15
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 17.06
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -23.16
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 25.97
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 18.61
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 27.65
10 iRhythm Holdings 3.41 Bn 2.86 Bn 141.35 Mn -3.72

Historic Data

Download Data
DateValue
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%