IRTC Stock - iRhythm Technologies, Inc.
Unlock GoAI Insights for IRTC
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $591.84M | $492.68M | $410.92M | $322.82M | $265.17M |
| Gross Profit | $407.53M | $331.81M | $281.63M | $213.57M | $194.89M |
| Gross Margin | 68.9% | 67.3% | 68.5% | 66.2% | 73.5% |
| Operating Income | $-115,505,000 | $-125,161,000 | $-113,784,000 | $-99,943,000 | $-43,673,000 |
| Net Income | $-113,289,000 | $-123,406,000 | $-116,155,000 | $-101,361,000 | $-43,830,000 |
| Net Margin | -19.1% | -25.0% | -28.3% | -31.4% | -16.5% |
| EPS | $-3.63 | $-4.04 | $-3.88 | $-3.46 | $-1.58 |
iRhythm Technologies, Inc., a digital healthcare company, provides ambulatory electrocardiogram (ECG) monitoring products for patients at risk for arrhythmias in the United States. It offers Zio service, an ambulatory cardiac monitoring solution that combines a wire-free, patch-based, and wearable biosensor with a cloud-based data analytic platform to help physicians to monitor patients and diagnose arrhythmias. The company's Zio XT and AT monitors, a single-use, wire-free, and wearable patch-based biosensors, records patient's heartbeats and ECG data. It has a development collaboration agreement with Verily Life Sciences LLC to develop various next-generation atrial fibrillation screening, detection, or monitoring products. The company was incorporated in 2006 and is headquartered in San Francisco, California.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| September 23rd 2025 | Evercore ISI | Initiation | In-line | $185 |
| August 20th 2025 | BofA Securities | Initiation | Buy | $200 |
| May 2nd 2025 | Wells Fargo | Upgrade | Overweight | $130 |
| December 3rd 2024 | Wells Fargo | Resumed | Equal Weight | $86 |
| October 4th 2024 | Goldman | Initiation | Neutral | $78 |
| June 20th 2024 | Wolfe Research | Upgrade | Outperform | $115 |
| December 11th 2023 | Citigroup | Upgrade | Buy | $110 |
| July 19th 2023 | Robert W. Baird | Initiation | Outperform | $130 |
| February 7th 2023 | Wells Fargo | Initiation | Overweight | $150 |
| November 7th 2022 | Wolfe Research | Upgrade | Peer Perform | - |
| June 9th 2022 | Citigroup | Downgrade | Neutral | $155← $180 |
| April 6th 2022 | Wolfe Research | Initiation | Underperform | $105 |
Earnings History & Surprises
IRTCEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 29, 2026 | — | — | — | — |
Q1 2026 | Feb 19, 2026 | $0.02 | — | — | — |
Q4 2025 | Oct 30, 2025 | $-0.36 | $-0.06 | +83.3% | ✓ BEAT |
Q3 2025 | Jul 31, 2025 | $-0.53 | $-0.32 | +39.6% | ✓ BEAT |
Q2 2025 | May 1, 2025 | $-0.89 | $-0.95 | -6.7% | ✗ MISS |
Q1 2025 | Feb 20, 2025 | $-0.29 | $0.01 | +103.4% | ✓ BEAT |
Q4 2024 | Oct 30, 2024 | $-0.55 | $-1.26 | -129.1% | ✗ MISS |
Q3 2024 | Aug 1, 2024 | $-0.92 | $-0.61 | +33.7% | ✓ BEAT |
Q2 2024 | May 2, 2024 | $-0.99 | $-1.47 | -48.5% | ✗ MISS |
Q1 2024 | Feb 22, 2024 | $-0.60 | $-1.26 | -110.0% | ✗ MISS |
Q4 2023 | Nov 2, 2023 | $-0.65 | $-0.89 | -36.9% | ✗ MISS |
Q3 2023 | Aug 3, 2023 | $-0.75 | $-0.61 | +18.7% | ✓ BEAT |
Q2 2023 | May 4, 2023 | $-0.80 | $-1.29 | -61.2% | ✗ MISS |
Q1 2023 | Feb 23, 2023 | $-0.63 | $-0.67 | -6.3% | ✗ MISS |
Q4 2022 | Nov 1, 2022 | $-0.82 | $-0.63 | +23.2% | ✓ BEAT |
Q3 2022 | Aug 4, 2022 | $-0.94 | $-0.79 | +16.0% | ✓ BEAT |
Q2 2022 | May 5, 2022 | $-1.06 | $-0.80 | +24.5% | ✓ BEAT |
Q1 2022 | Feb 23, 2022 | $-1.22 | $-1.10 | +9.8% | ✓ BEAT |
Q4 2021 | Nov 4, 2021 | $-1.09 | $-0.81 | +25.7% | ✓ BEAT |
Q3 2021 | Aug 5, 2021 | $-0.97 | $-0.59 | +39.2% | ✓ BEAT |
Latest News
Truist Securities Maintains Buy on iRhythm Technologies, Lowers Price Target to $215
📈 PositiveMorgan Stanley Maintains Overweight on iRhythm Technologies, Raises Price Target to $205
📈 PositiveiRhythm Technologies Presents Large-Scale Data At APHRS/JHRS Showing Consistent Zio ECG Monitoring Performance Across Asian And Non-Asian Populations
📈 PositiveiRhythm Technologies Announces The Publication Of "Relationship Of Symptom Frequency And Symptom-Rhythm Correlation To Arrhythmia Type And Time To Detection: Insights From Ambulatory ECG Monitoring In Over 1 Million Patients," In The Journal Of The Heart Rhythm Society
➖ NeutralCanaccord Genuity Maintains Buy on iRhythm Technologies, Raises Price Target to $212
📈 PositiveCitigroup Maintains Buy on iRhythm Technologies, Raises Price Target to $242
📈 PositiveJP Morgan Maintains Overweight on iRhythm Technologies, Raises Price Target to $240
📈 PositiveGoldman Sachs Maintains Neutral on iRhythm Technologies, Raises Price Target to $202
➖ NeutraliRhythm Technologies shares are trading higher after the company reported better-than-expected Q3 financial results and raised its FY25 sales guidance above estimates. Also, Needham and BTIG raised their respective price targets on the stock.
📈 PositiveNeedham Maintains Buy on iRhythm Technologies, Raises Price Target to $244
📈 PositiveBTIG Maintains Buy on iRhythm Technologies, Raises Price Target to $215
📈 PositiveiRhythm Technologies Non-GAAP EPS of -$0.06 beats by $0.22, revenue of $192.9M beats by $8.16M
📈 PositiveiRhythm Technologies shares are trading higher after the company reported better-than-expected Q3 financial results and raised its FY25 sales guidance above estimates.
📈 PositiveiRhythm Technologies Raises FY2025 Sales Guidance from $720.000M-$730.000M to $735.000M-$740.000M vs $726.419M Est
📈 PositiveiRhythm Technologies Q3 Adj. EPS $(0.06) Beats $(0.31) Estimate, Sales $192.884M Beat $184.742M Estimate
📈 PositiveTruist Securities Maintains Buy on iRhythm Technologies, Raises Price Target to $205
📈 PositiveBTIG Maintains Buy on iRhythm Technologies, Raises Price Target to $195
📈 PositiveBaird Maintains Outperform on iRhythm Technologies, Raises Price Target to $220
📈 PositiveCitigroup Maintains Buy on iRhythm Technologies, Raises Price Target to $205
📈 PositiveEvercore ISI Group Maintains In-Line on iRhythm Technologies, Lowers Price Target to $175
➖ NeutralFrequently Asked Questions about IRTC
What is IRTC's current stock price?
What is the analyst price target for IRTC?
What sector is iRhythm Technologies, Inc. in?
What is IRTC's market cap?
Does IRTC pay dividends?
Similar Stocks
Healthcare SectorExplore stocks similar to IRTC for comparison