IRTC Q2 2021 Earnings — iRhythm Technologies, Inc. Revenue & Financial Results | Market Cap Arena

IRTCiRhythm Technologies, Inc.

$4B

Q2 2021 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$81M+59.8% YoY

Gross Profit

$55M68.0% margin

Operating Income

-$17M-20.9% margin

Net Income

-$17M-21.4% margin

EPS (Diluted)

$-0.59

QoQ Revenue Growth

+9.4%

Cash Flow

Operating Cash Flow

-$543,000

Free Cash Flow

-$6M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$485M

Total Liabilities

$179M

Stockholders' Equity

$306M

Cash & Equivalents

$139M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$81M	$51M	+59.8%
Gross Profit	$55M	$35M	+56.2%
Operating Income	-$17M	-$20M	+15.7%
Net Income	-$17M	-$20M	+15.1%

Revenue Segments

Commercial Payors

$50M61%

Healthcare Institutions

$14M17%

Centers For Medicare And Medicaid

$11M14%

Non-Contracted Third-Party Payors

$7M8%