Company Analysis

iRhythm Holdings, Inc. (IRTC)

Nasdaq: IRTC · Surgical & Medical Instruments & Apparatus · San Francisco, CA · filing with the SEC since 2007
Grade5.8
◀ Past 5.5● Present 5.5▶ Future 6.5

The grade of iRhythm Holdings, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.8/10
◀ Past5.530% of the headline
● Present5.540% of the headline
▶ Future6.530% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

5.5/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
2.5/10

Has it survived what it has been through?

5 warning events since 2017; the latest 2026-06-15.

weight 33% of this tense · 25th percentile among 121 sector filers · read for itself

From the record

iRhythm Holdings, Inc.'s filings since 2017 show 5 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2019-11-19); an auditor change (8-K item 4.01, the latest 2026-04-01); a material cybersecurity incident (8-K item 1.05, the latest 2026-06-15); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2019-11-13) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.8/10

What has it actually done, year after year?

+31.4% a year over 10 filed years; profitable in 0 of 10.

weight 45% of this tense · 67th percentile among 105 sector filers · read for its customers

From the record

iRhythm Holdings, Inc.'s 10 filed years say what it did: revenue went from $64 million in fiscal 2016 to $747 million in fiscal 2025, up 31.4% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 0 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span31.4%top 23% of its family
  • the share of years revenue rosetop 15% of its family
  • the share of filed years with a profitbottom 23% of its family
  • the deepest fall from a revenue peak0.0%top 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
7.5/10

How has it treated the people who own it?

Share count grew 2.3% a year. 73% of cash flow returned. Insiders: 66 sales, 1 purchases.

weight 22% of this tense · 75th percentile among 40 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, iRhythm Holdings, Inc.'s diluted share count grew about 2.3% a year, and dividends and buybacks returned about 73% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 66 sales (20 under scheduled 10b5-1 plans) and 1 purchase of their own stock on the open market in the year to 2026-09-30, buying about $57 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearstop 35% of its family
  • cash returned against operating cash flowtop 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.5/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
4.9/10

Is it financially healthy right now?

ROE -29%: lost 29¢ per shareholder dollar. Leverage 85%: owes 85¢ per asset dollar.

weight 45% of this tense · 49th percentile among 120 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, iRhythm Holdings, Inc. lost about 29 cents for every dollar of shareholders' money, and gross profitability: its products earned about 52 cents per dollar of everything the company owns. Leverage: it owed about 85 cents per dollar of assets, and net share issuance: its share count grew 2.6% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 14% of its family
  • return on equitybottom 49% of its family
  • gross profit against assetstop 28% of its family
  • the share count against the year beforetop 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.9/10

How strong is its position in its industry?

top 31% of 109 in its family; net margin -6%.

weight 33% of this tense · 69th percentile among 109 sector filers · read for its customers

From the record

iRhythm Holdings, Inc.'s standing among 109 graded names in its industry family: revenue of $747 million in fiscal 2025 ranks in the top 23% by size; a net margin of -6% ranks in the top 35%; revenue growth of 22% a year over the last 3 filed years ranks in the top 34% (its annual reports).

What it rests on

  • revenue against the family$747Mtop 23% of its family
  • net margin-6.0%top 35% of its family
  • three-year revenue growth22.0%top 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
4.6/10

What are the people in charge doing?

bottom 46% of 91 in its family for leadership; chief executive since 2021.

weight 22% of this tense · 46th percentile among 91 sector filers · read for its shareholders

From the record

iRhythm Holdings, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Blackford, Quentin S. (President and CEO, as filed), filing under that title since 2021-10-05, 5.1 years (top 49% of its family); the 19 officers and directors filing in the last fifteen months have been on the record a median of 4.3 years (bottom 30%); 9 officer or director changes were reported on Form 8-K since 2023-11-13, against the 19 people in charge now (top 44%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge9 in three years among 19 peopletop 44% of its family
  • the median years the people in charge have filed4.3 yearsbottom 30% of its family
  • the chief executive's years on the record5.1 yearstop 49% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.5/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.4/10

How much room does it have to grow?

top 36% of 104 in its family for room to expand.

weight 45% of this tense · 64th percentile among 104 sector filers · read for itself

From the record

iRhythm Holdings, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $236 million against no long-term debt tagged leaves 23.1% of its assets as net cash, top 35% of its family; cash from operations less capital spending is 4.6% of revenue (top 29%); a gross margin of 70.6% (top 31%); research spending of 11.3% of revenue (top 49%) (its annual report).

What it rests on

  • cash less debt against assets23.1%top 35% of its family
  • cash from operations less capital spending against revenue4.6%top 29% of its family
  • gross margin70.6%top 31% of its family
  • research spending against revenue11.3%top 49% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.3/10

What could actually drive growth from here?

top 37% of 105 in its family for growth drivers.

weight 33% of this tense · 63rd percentile among 105 sector filers · read for its customers

From the record

iRhythm Holdings, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 22% a year over the last three filed years against 31.4% over all 10, slowing (bottom 27% of its family); the newest year grew 26.3% (top 26%); research spending grew 22% a year (top 20%); capital spending grew 15.8% a year (top 28%) (its annual reports). iRhythm Holdings, Inc. reported 4 product lines in fiscal 2025: Commercial Payors at $392 million (53%), Centers for Medicare and Medicaid at $179 million (24%), Healthcare Institutions at $126 million (17%), and 1 more; 4 of 4 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-9.3 points a yearbottom 27% of its family
  • the newest year's revenue growth26.3%top 26% of its family
  • three-year growth of research spending22.0%top 20% of its family
  • three-year growth of capital spending15.8%top 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.1/10

Did its newest year beat what its own record pointed to?

top 29% of 88 in its family for expectations against reality.

weight 22% of this tense · 71st percentile among 88 sector filers · read for its shareholders

From the record

iRhythm Holdings, Inc.'s newest year against its own record: revenue of $747 million in fiscal 2025 came in 5.2% above the $710 million its prior three years' pace pointed to (top 22% of its family); net income of $45 million against a prior three-year average of $118 million (top 29%); a net margin of -6% against -24.2% before (top 37%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace5.2%top 22% of its family
  • net income against the prior three years' average+62%top 29% of its family
  • net margin against its prior average+18.2 pointstop 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton IRTC · research, not advice