iRhythm Holdings (IRTC) Tax Rate (2018 - 2026)
iRhythm Holdings' (IRTC) quarterly Tax Rate came in at 3.72% in 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.
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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.
- On a quarterly basis, Tax Rate fell 151.0% year-over-year to 3.72% in Q1 2026; TTM through Jun 2026 was 7.48%, a 661.0% decrease from a year earlier, with the FY2025 full-year figure at 2.19%, down 168.0% from the prior year.
- Tax Rate was 3.72% for Q1 2026 at iRhythm Holdings, down 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.
- Across the five-year window, Tax Rate plunged 1211 bps in 2024 and surged 2019 bps in 2025, its largest moves.
- Over 5 years, 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 soared by 158 bps to 7.42% in 2025, then sank by 150 bps to 3.72% in 2026.
- The last three Tax Rate figures came in at 3.72% (Q1 2026), 7.42% (Q4 2025), and 0.46% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 49.39 Bn | 48.29 Bn | 486.15 Mn | 0.45% |
| 2 | Quest Diagnostics | 27.49 Bn | 26.86 Bn | 1.03 Bn | 21.36% |
| 3 | Labcorp Holdings | 26.51 Bn | 26.37 Bn | 1.11 Bn | 22.59% |
| 4 | Guardant Health | 23.17 Bn | 22.12 Bn | 219.03 Mn | -0.15% |
| 5 | Tempus AI | 12.59 Bn | 11.77 Bn | 274.25 Mn | 3.51% |
| 6 | Caris Life Sciences | 8.01 Bn | 7.22 Bn | 182.38 Mn | -3.75% |
| 7 | Sotera Health | 5.53 Bn | 5.17 Bn | 177.96 Mn | 31.27% |
| 8 | BillionToOne | 4.80 Bn | 4.25 Bn | 77.11 Mn | -7.13% |
| 9 | Adaptive Biotechnologies | 4.40 Bn | 4.05 Bn | 51.39 Mn | - |
| 10 | iRhythm Holdings | 3.68 Bn | 3.08 Bn | 163.21 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -3.72% |
| Dec 31, 2025 | 7.42% |
| Sep 30, 2025 | -0.46% |
| Jun 30, 2025 | 1.39% |
| Mar 31, 2025 | -2.21% |
| Dec 31, 2024 | -12.77% |
| Sep 30, 2024 | -0.41% |
| Jun 30, 2024 | -0.97% |
| Mar 31, 2024 | -0.07% |
| Dec 31, 2023 | -0.66% |
| Sep 30, 2023 | -0.72% |
| Jun 30, 2023 | -1.17% |
| Mar 31, 2023 | -0.22% |
| Dec 31, 2022 | -0.36% |
| Sep 30, 2022 | -0.54% |
| Jun 30, 2022 | -0.14% |
| Mar 31, 2022 | -0.09% |
| Dec 31, 2021 | -0.18% |
| Sep 30, 2021 | -0.40% |
| Jun 30, 2021 | -0.67% |