iRhythm Holdings (IRTC) Tax Rate (2018 - 2026)
iRhythm Holdings (IRTC) posted quarterly 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 reported Tax Rate for 9 consecutive years, with 3.72% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 151.0% year-over-year to 3.72%; the TTM figure through Mar 2026 stood at 2.92% (down 169.0% YoY), while the FY2025 annual figure was 2.19%, down 168.0% from the prior year.
- Tax Rate slipped 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.
- Historically, Tax Rate has averaged 0.93% across 5 years, with a median of 0.46% in 2025.
- Annual changes were most pronounced in 2024 — Tax Rate tumbled 1211 bps — and 2025, when it soared 2019 bps.
- iRhythm Holdings' Tax Rate stood at 0.36% in 2022, then slumped by 83 bps to 0.66% in 2023, then tumbled by 1826 bps to 12.77% in 2024, then surged by 158 bps to 7.42% in 2025, then sank 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 | 198.70 Bn | 193.10 Bn | 7.27 Bn | 39.11% |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 18.41% |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 14.62% |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 53.56% |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | 21.54% |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 17.17% |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | -21.74% |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 26.51% |
| 10 | iRhythm Holdings | 4.23 Bn | 3.64 Bn | 163.21 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.72% |
| Mar 31, 2026 | -3.72% |
| Mar 31, 2026 | -3.72% |
| Dec 31, 2025 | 7.42% |
| Dec 31, 2025 | 7.42% |
| Dec 31, 2025 | 7.42% |
| Sep 30, 2025 | -0.46% |
| Sep 30, 2025 | -0.46% |
| Sep 30, 2025 | -0.46% |
| Jun 30, 2025 | 1.27% |
| Jun 30, 2025 | 1.27% |
| Jun 30, 2025 | 1.27% |
| Mar 31, 2025 | -2.21% |
| Mar 31, 2025 | -2.21% |
| Mar 31, 2025 | -2.21% |
| Dec 31, 2024 | -12.77% |
| Dec 31, 2024 | -12.77% |
| Dec 31, 2024 | -12.77% |
| Sep 30, 2024 | -0.41% |
| Sep 30, 2024 | -0.41% |