iRhythm Holdings IRTC
NASDAQ IRTC
$127.95 +3.20 (+2.57%)
As of: Aug 20, 2026 · 3:59 PM EDT

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
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%