IRTC · iRhythm Holdings, Inc.
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 6, 2026TL;DR. iRhythm reported Q2 2026 revenue of $224.2M (+20.1% YoY) with adjusted EBITDA margin of 19.3% (+1,090 bps) and raised full-year 2026 revenue guidance to $880M-$890M and adjusted EBITDA margin guidance to 13.0%-14.0%, while announcing a $287.5M acquisition of Vital Connect to expand into MCT and multi-vitals monitoring.
- + Raised full-year 2026 revenue guidance to $880M-$890M and adjusted EBITDA margin guidance to 13.0%-14.0%.
- + Q2 revenue grew 20.1% YoY to $224.2M, the seventh consecutive quarter of >20% growth.
- + Adjusted EBITDA margin expanded ~1,090 bps YoY to 19.3% and gross margin improved 160 bps to 72.8%.
- + Record free cash flow of $37.5M and $591.3M in cash and marketable securities.
- + FDA clearance of third-generation algorithm expected to deliver ~$100M cumulative cost savings over five years.
- + Announced $287.5M acquisition of Vital Connect to expand into MCT and multi-vitals, with positive revenue contribution beginning 2027 while maintaining 15% adjusted EBITDA margin target.
- − Agreed to $50M litigation settlement payment to Baxter/Welch Allyn/Bardy Diagnostics on July 31, 2026.
- − Vital Connect acquisition will deploy approximately $237.5M in cash, plus up to $30M in interim working capital financing, materially reducing the cash balance.
- − Company remains subject to an FDA warning letter with remediation completion pending agency review.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.
Versus peers
Medical Devices — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
IRTC
this stock
iRhythm Holdings, Inc.
|
$3.64B | -35.6% | +26.2% | — | 9.3% |
|
ABT
Abbott Laboratories
|
$174.90B | -19.4% | +5.7% | 28.1 | 1.1% |
|
MDT
Medtronic plc
|
$113.38B | -9.3% | +8.4% | 21.8 | 1.3% |
|
SYK
Stryker Corp
|
$104.47B | -20.7% | +11.2% | 28.2 | 2.0% |
|
BSX
Boston Scientific Corp
|
$63.59B | -54.0% | +12.5% | 17.8 | 3.2% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| IRTC | +3.3% | -4.0% | -5.2% | -4.0% | -35.6% |
| SPY | -1.2% | -0.4% | +13.1% | -0.4% | +12.1% |
| vs SPY | +4.5% | -3.6% | -18.3% | -3.6% | -47.7% |