RDNT · RadNet, Inc.
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $2.14B | $2.04B | $1.83B | $1.62B | $1.43B | $1.32B | $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 | — | — | — | — | |
| $161.61M | $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 | |
| $2.08B | $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 | |
| $62.19M | $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% | |
| $223.8M | $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 | — | |
| $29.2M | $31.9M | $31.4M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| -$29.97M | -$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 | |
| $16.1M | $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 | |
| $32.22M | $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 | |
| $10.16M | $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 | |
| -$14.19M | -$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% | |
| $36.24M | $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 | — | |
| -$12.74M | -$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 | — | -$0.25 | $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 | — | -$0.25 | $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 |
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
Peer medians compare against the 28 similar-size Diagnostics & Research companies (of 48 listed).
Valuation over time computed as of each quarter's filing date
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 | — | — |
| Imaging On Call | — | — | — | — | $10,525,000 | $10,798,000 | $17,317,000 | $16,261,000 |
| 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 | — | — |
| 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% |