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RDNT · RadNet, Inc. · Financials

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Market Cap
$6.27B
Shares
78.70M
Volume · Nov 5 1.05M Avg daily vol (3M) 690.53K

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$2.04B +11.5%
FY2025 Revenue FY2009–FY2025
Net Income
-$18.65M -767.8%
FY2025 Net Income FY2009–FY2025
Gross Margin
13.39% +2.4pp
FY2019 Gross Margin FY2009–FY2019
Operating Margin
3.04% -2.7pp
FY2025 Operating Margin FY2009–FY2025
Diluted EPS
-$0.25 -725%
FY2025 Diluted EPS FY2009–FY2025
Operating Cash Flow
$298.82M +28.2%
FY2025 Operating Cash Flow FY2009–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009
$2.27B $2.04B $1.83B $1.62BG $1.43BG $1.32BG $1.07B $1.15B $975.15M $922.19M $884.54M $809.63M $717.57M $702.99M $85.04M $76.08M $76.94M $527.62M
— — — — — — — $999.69M $867.55M $802.38M $775.8M $708.29M $36.77M $38.22M $38.16M $31.56M $31.29M $397.75M
— — — — — — — $154.49M $107.6M $119.81M $108.73M $101.34M $680.8M $664.77M $46.88M $44.52M $45.65M $129.86M
— — — — — — — 13.39% 11.03% 12.99% 12.29% 12.52% 94.88% 94.56% 55.12% 58.52% 59.33% 24.61%
— — — — — — — — — — — $45.25M $47.62M $50.04M — — — —
$171.15M $152.13M $137.84M $128.39M $115.88M $96.69M $86.8M $80.61M $72.9M $66.8M $66.61M $60.61M $4.72M $4.73M $4.61M $3.86M $3.7M $53.8M
$2.2B $1.98B $1.73B $1.52B $1.38B $1.24B $1.06B $1.08B $944.26M $872.14M $846.06M $770.51M $41.5M $42.81M $42.73M $35.61M $35.12M $485.51M
— — — $1.4B $1.26B $1.12B $970.07M $999.69M $867.55M — — — — — — — — —
$70.78M $61.99M $104.62M $98.7M $46.36M $82.55M $35.68M $69.88M $30.89M $50.05M $38.48M $39.12M $10.72M $11.63M $12.64M $8.39M $9.09M $42.1M
— 3.04% 5.72% 6.11% 3.24% 6.28% 3.33% 6.05% 3.17% 5.43% 4.35% 4.83% 1.49% 1.65% 14.86% 11.03% 11.81% 7.98%
$241.93M $214.12M $242.46M $227.09M $162.24M $179.25M $122.48M $150.49M $103.79M $116.85M $105.09M $99.73M $15.44M $16.36M $17.24M $12.25M $12.79M $95.9M
— — — — — — — — — — $21K $34K $60K $86K $245K $381K $702K —
$25.6M $31.9M $31.4M — — — — — — — — — — — — — — —
-$35.8M -$30.08M -$59.76M -$59.89M -$3.39M -$23.68M -$36.54M -$40.21M $7.64M -$23.67M -$26.04M -$419K -$3000 -$228K $3.68M $5.08M -$505K -$416K
$16.46M $14.88M $14.47M $6.43M $10.39M $10.97M $7.95M $8.35M $11.38M $13.55M $9.77M $8.93M $6.97M $6.19M $6.48M $5.22M -$4.95M -$5.21M
$34.98M $31.91M $44.86M $38.81M $42.97M $58.88M -$854K $29.67M $38.53M $26.39M $12.44M $14.65M $3.65M $5.89M $4.38M $8.16M -$17.06M -$6.94M
$15.71M $14.86M $6.03M $8.47M $9.36M $14.56M $895K $6.23M $394K $24.31M $4.43M $6.01M $1.97M $3.51M -$55.23M $820K $576K $443K
-$21.12M -$18.65M $2.79M $3.04M $10.65M $24.73M -$14.84M $14.76M $32.24M $53K $7.23M $7.71M $10.66M $11.54M $12.39M $8.01M $8.39M -$2.27M
— -0.91% 0.15% 0.19% 0.74% 1.88% -1.38% 1.28% 3.31% 0.01% 0.82% 0.95% 1.49% 1.64% 14.57% 10.53% 10.9% -0.43%
$40.39M $35.7M $36.04M $27.29M $22.96M $19.59M $13.09M $8.68M $5.89M $2.02M $774K $929K $309K $256K -$230K $111K $167K $92K
— — — — — — — — — — — — — — $14.03M $11.66M $12.64M —
-$33.25M -$4.71M $6.22M $11.24M $10.39M $28.36M -$30.87M $4.47M $35.05M -$801K $7.69M $7.67M $1.62M $2.29M $60.59M $8.53M -$13.4M $2.63M
USD/shares -$0.26 -$0.25 $0.04 $0.05 $0.19 $0.47 -$0.29 $0.30 $0.67 $0.00 $0.16 $0.18 $0.03 $0.05 $1.58 $0.19 -$0.35 -$0.06
USD/shares -$0.26 -$0.25 $0.04 $0.05 $0.17 $0.46 -$0.29 $0.29 $0.66 $0.00 $0.15 $0.17 $0.03 $0.05 $1.52 $0.19 -$0.35 -$0.06
shares — 75.19M 73.04M 63.58M 56.29M 52.5M 50.89M 49.67M 48.11M 46.88M 46.24M 43.81M 41.07M 39.14M 37.75M 37.37M 36.85M 36.05M
shares — 75.19M 74.76M 64.66M 57.32M 53.42M 50.89M 50.24M 48.68M 47.4M 46.66M 45.17M 43.15M 39.81M 39.24M 38.79M 36.85M 36.05M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Read debt and covenant terms in your AI or your code through MCP and the API →

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Current finance lease liabilities 2026-06-30 USD 1,332,000 10-Q filed 2026-08-10
Current operating lease liabilities 2026-06-30 USD 69,557,000 10-Q filed 2026-08-10
Long-term debt, including current maturities 2026-06-30 USD 1,332,531,000 10-Q filed 2026-08-10
Related accounting measures — not additional borrowing

Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.

Current portion of long-term debt
USD 30,669,000
Current portion of notes payable
USD 30,669,000
Noncurrent debt carrying amount
USD 1,301,862,000
Noncurrent notes payable
USD 1,301,862,000
Other notes payable
USD 2,812,000
Noncurrent finance lease liabilities 2026-06-30 USD 4,288,000 10-Q filed 2026-08-10
Noncurrent long-term debt and lease obligations 2026-06-30 USD 1,338,151,000 10-Q filed 2026-08-10
Noncurrent operating lease liabilities 2026-06-30 USD 776,329,000 10-Q filed 2026-08-10
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
3.03×
Peer median 6.46×
EV/EBIT
97.10×
Peer median 31.58×
P/E (TTM)
—
Peer median 34.43×
Price/Sales (TTM)
2.76×
Peer median 6.47×
Price/Book
5.72×
Peer median 6.22×
EV/Adj. EBITDA (FY2025)
22.89×
Peer median 33.78×

Peer medians compare against the 26 similar-size Diagnostics & Research companies (of 51 listed).

EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA - Radnet, Inc.”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.

Valuation over time computed as of each quarter's filing date

EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA - Radnet, Inc.”, extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Imaging Centers $1,988,193,000 $1,792,319,000 $1,590,564,000 $1,413,419,000 $1,313,662,000 $1,071,840,000 — —
Digital Health $52,017,000 $37,345,000 $26,066,000 $16,642,000 — — — —
AI — — $12,469,000 $4,396,000 $1,415,000 $0 — —
ERAD — — — — — — $10,100,000 $6,800,000

By Geography (USD)

Component FY2025 FY2024 FY2023 FY2022
United States $2,006,237,000 $1,802,422,000 $1,599,745,000 $1,423,232,000
Non Us $33,973,000 $27,242,000 $16,885,000 —
United Kingdom — — — $4,432,000
Other Countries — — — $2,397,000

By Product & Service (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Health Care Patient Service $1,914,673,000 $1,693,089,000 $1,463,197,000 $1,278,016,000 $1,166,743,000 $931,722,000 $1,028,236,000 $868,741,000
Commercial Insurance 1 $1,130,114,000 $1,018,327,000 $879,792,000 $769,753,000 $743,462,000 $584,035,000 $642,341,000 $542,011,000
Medicare 1 $476,987,000 $410,072,000 $356,506,000 $305,031,000 $280,911,000 $217,928,000 $237,427,000 $192,881,000
Capitation Arrangements $125,537,000 $136,575,000 $153,433,000 $152,045,000 $148,334,000 $140,118,000 $125,943,000 $106,405,000
Other Payors $118,599,000 $104,888,000 $87,675,000 $65,911,000 — — — —
Health Care Other $65,021,000 $46,724,000 $32,580,000 $27,223,000 $12,436,000 $23,297,000 $24,555,000 $18,781,000
Medicaid 1 $51,736,000 $44,736,000 $42,302,000 $37,530,000 $34,731,000 $25,619,000 $28,283,000 $25,615,000
Workers Compensation Personal Injury 1 $44,700,000 $43,666,000 $46,406,000 $50,333,000 $44,235,000 $33,478,000 $42,792,000 $34,193,000
Health Care Management Service $27,516,000 $24,676,000 $17,936,000 $22,235,000 $19,630,000 $11,253,000 $11,659,000 $13,882,000
AI — — $12,469,000 $4,396,000 $1,415,000 $0 — —
Health Care Patient Service Other — — $42,249,000 $31,849,000 $19,398,000 $25,314,000 $23,862,000 $25,117,000
Imaging Center Segment Revenue — — $1,604,161,000 $1,425,665,000 $1,313,662,000 $1,071,840,000 — —
Patient Services Net — — — — — — $1,028,236,000 $868,741,000
Software And Teleradiology — — $18,082,000 $14,238,000 $10,525,000 $10,798,000 $17,317,000 $16,261,000
Investment Advisory Management And Administrative Service — — — — — — $11,400,000 $13,800,000

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component FY2025 FY2024 FY2023 FY2022
Imaging Centers $242,204,000 $250,045,000 $208,717,000 $166,718,000
Digital Health -$15,282,000 -$3,408,000 $7,528,000 -$1,003,000

Operating Margin by Segment (%)

Component FY2025 FY2024 FY2023 FY2022
Imaging Centers 12.2% 14% 13.1% 11.8%
Digital Health -29.4% -9.1% 28.9% -6%
Key facts CIK 790526 CUSIP 750491102 13F (30d) 156 filings 135 filers Visit website Investor relations