IRTC Q4 2024 Earnings — iRhythm Technologies, Inc. Revenue & Financial Results | Market Cap Arena

IRTCiRhythm Technologies, Inc.

$4B

Q4 2024 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$164M+24.0% YoY

Gross Profit

$115M70.0% margin

Operating Income

-$4M-2.5% margin

Net Income

-$1M-0.8% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

+11.4%

Cash Flow

Operating Cash Flow

$19M

Free Cash Flow

$12M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$931M

Total Liabilities

$841M

Stockholders' Equity

$91M

Cash & Equivalents

$420M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$164M	$133M	+24.0%
Gross Profit	$115M	$87M	+31.6%
Operating Income	-$4M	-$39M	+89.6%
Net Income	-$1M	-$39M	+96.6%

Revenue Segments

Commercial Payors

$83M55%

Centers For Medicare And Medicaid

$38M25%

Healthcare Institutions

$30M20%