iRhythm Holdings (IRTC) Tax Rate (2018 - 2026)
iRhythm Holdings (IRTC) reported 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 9 years of Tax Rate data on file, last reported at 3.72% in Q1 2026.
- Tax Rate for Q1 2026 came in at 3.72%, down 151.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.92% (down 169.0% YoY), and the FY2025 annual result was 2.19%, down 168.0% from the prior year.
- Tax Rate declined to 3.72% in Q1 2026 per IRTC's latest filing, 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.
- The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 1211 bps in 2024, then soared 2019 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 0.36% in 2022, then sank by 83 bps to 0.66% in 2023, then slumped by 1826 bps to 12.77% in 2024, then jumped by 158 bps to 7.42% in 2025, then plunged 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 | 154.42 Bn | 147.76 Bn | 6.27 Bn | 25.67 |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 12.35 |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 18.09 |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | -15.15 |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 17.06 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -23.16 |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 25.97 |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 18.61 |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 27.65 |
| 10 | iRhythm Holdings | 3.41 Bn | 2.86 Bn | 141.35 Mn | -3.72 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.72% |
| Mar 31, 2026 | -3.72% |
| Dec 31, 2025 | 7.42% |
| Dec 31, 2025 | 7.42% |
| Sep 30, 2025 | -0.46% |
| Sep 30, 2025 | -0.46% |
| Jun 30, 2025 | 1.27% |
| Jun 30, 2025 | 1.27% |
| Mar 31, 2025 | -2.21% |
| Mar 31, 2025 | -2.21% |
| Dec 31, 2024 | -12.77% |
| Dec 31, 2024 | -12.77% |
| Sep 30, 2024 | -0.41% |
| Sep 30, 2024 | -0.41% |
| Jun 30, 2024 | -0.97% |
| Jun 30, 2024 | -0.97% |
| Mar 31, 2024 | -0.07% |
| Mar 31, 2024 | -0.07% |
| Dec 31, 2023 | -0.66% |
| Dec 31, 2023 | -0.66% |