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| 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% |