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-on-year from 7.3% in Q1 2025, and down 150.18% on a QoQ basis 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.

  • On a quarterly basis, Tax Rate fell 151.0% year-over-year to 3.72% in Q1 2026; TTM through Mar 2026 was 2.92%, a 169.0% decrease from a year earlier, with the FY2025 full-year figure at 2.19%, down 168.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 3.72%, down from 7.42% in the prior quarter.
  • Over the last five years, Tax Rate for IRTC reached as high as 7.42% in Q4 2025 and fell as low as 12.77% in Q4 2024.
  • Historically, Tax Rate has averaged 0.93% across 5 years, with a median of 0.46% in 2025.
  • Across the five-year window, Tax Rate sank 1211 bps in 2024 and jumped 2019 bps in 2025, its largest moves.
  • Year by year, 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 jumped by 158 bps to 7.42% in 2025, then sank by 150 bps to 3.72% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 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 201.40 Bn 194.75 Bn 6.27 Bn 25.67%
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 12.35%
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 31.35%
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn -15.15%
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 17.06%
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 25.97%
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -23.16%
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 18.61%
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 iRhythm Holdings 3.50 Bn 2.95 Bn 141.35 Mn -3.72%

Historic Data

Download Data
DateValue
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%