RadNet (RDNT) Cost of Revenue (2010 - 2026)
RadNet's Cost of Revenue came in at $534.64 million for Q2 2026, up 24.6% from $429.09 million a year earlier but down 2.9% from the prior quarter.
RadNet (RDNT) Cost of Revenue (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, RadNet reported Cost of Revenue of $2.01 billion, up 19.1% year-over-year; for FY2025, it was $1.8 billion, up 14.2% from FY2024.
- Cost of Revenue has increased in each of the last five years, with a five-year compound annual growth rate of 13.3% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $1.58 billion in FY2024 (+13.3%), $1.4 billion in FY2023 (+10.4%), $1.26 billion in FY2022 (+12.6%) and $1.12 billion in FY2021 (+16.3%).
- The five-year range for quarterly Cost of Revenue is $305.78 million (Q2 2022) to $550.51 million (Q1 2026).
- Year-over-year, Cost of Revenue has increased for 14 consecutive quarters, with growth averaging 16.6% over the last eight quarters.
- The year-over-year growth in Cost of Revenue has ranged between 8.2% (Q4 2023) and 24.6% (Q2 2026) over the last five years.
- Business Quant data shows RDNT's Cost of Revenue at $550.51 million (Q1 2026), $471.78 million (Q4 2025) and $450.38 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 100.51 Bn | 96.52 Bn | - | - |
| 2 | Natera | 57.27 Bn | 52.95 Bn | 485.19 Mn | 267.56 Mn |
| 3 | Quest Diagnostics | 26.09 Bn | 24.22 Bn | 1.03 Bn | 2.02 Bn |
| 4 | Labcorp Holdings | 26.08 Bn | 23.83 Bn | 1.11 Bn | 2.62 Bn |
| 5 | Tenet Healthcare | 22.29 Bn | 11.30 Bn | - | - |
| 6 | Guardant Health | 21.03 Bn | 17.09 Bn | 219.03 Mn | 115.95 Mn |
| 7 | Fresenius Medical Care AG | 12.78 Bn | 4.73 Bn | 1.52 Bn | 4.13 Bn |
| 8 | BrightSpring Health Services | 12.65 Bn | 10.98 Bn | 492.75 Mn | 271.40 Mn |
| 9 | Davita | 12.13 Bn | 9.34 Bn | 1.16 Bn | 2.39 Bn |
| 10 | RadNet | 5.39 Bn | 2.64 Bn | 88.08 Mn | 534.64 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 534.64 Mn |
| Mar 31, 2026 | 550.51 Mn |
| Dec 31, 2025 | 471.78 Mn |
| Sep 30, 2025 | 450.38 Mn |
| Jun 30, 2025 | 429.09 Mn |
| Mar 31, 2025 | 453.48 Mn |
| Dec 31, 2024 | 411.44 Mn |
| Sep 30, 2024 | 391.80 Mn |
| Jun 30, 2024 | 389.72 Mn |
| Mar 31, 2024 | 387.59 Mn |
| Dec 31, 2023 | 356.59 Mn |
| Sep 30, 2023 | 341.64 Mn |
| Jun 30, 2023 | 345.15 Mn |
| Mar 31, 2023 | 351.87 Mn |
| Dec 31, 2022 | 329.59 Mn |
| Sep 30, 2022 | 313.94 Mn |
| Jun 30, 2022 | 305.78 Mn |
| Mar 31, 2022 | 315.04 Mn |
| Dec 31, 2019 | 255.70 Mn |
| Sep 30, 2019 | 254.38 Mn |
RadNet Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=RDNT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "RDNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=RDNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();