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Companies / Healthcare / iRhythm Holdings, Inc.
IRTC

iRhythm Holdings, Inc.

HealthcareSurgical & Medical Instruments
Ticker IRTCSan Francisco, CAFiscal year ends DecemberBook value per share $5.69Diluted shares 32.7M

iRhythm Holdings, Inc. (Nasdaq: IRTC) is a leading digital healthcare company that designs, develops, and commercializes device-based technology to provide ambulatory cardiac monitoring services. The company's website is https://www.irhythmtech.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$747.14M
+26.2% year over year
Last 12 mo $825.34M
-7.68%
+11.8 percentage points
Last 12 mo -3.01%
$-44.55M
+60.7% year over year
Last 12 mo $-13.95M
-26.33%
+97.6 percentage points
Last 12 mo -7.50%
Cash & financing
$80.86M
+2285.3% year over year
Last 12 mo $86.00M
$34.52M
+213.0% year over year
Last 12 mo $38.98M
4.25
Was 7.11× a year earlier
Last 12 mo 3.50
32.0M
+2.6% year over year
Last 12 mo 32.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What iRhythm Holdings, Inc. does

In the company’s own words

iRhythm Holdings, Inc. (Nasdaq: IRTC) is a leading digital healthcare company that designs, develops, and commercializes device-based technology to provide ambulatory cardiac monitoring services. The company's website is https://www.irhythmtech.com.

iRhythm's principal business centers on its iRhythm ACM Systems, which combine wire-free, patch-based, 14-day wearable biosensors with proprietary cloud-based data analytics software to help physicians monitor patients and diagnose cardiac arrhythmias. The company offers three iRhythm ACM System options: the Zio monitor System, the Zio XT System, and the Zio AT System. These systems deliver continuous electrocardiogram data collection with high patient compliance rates between 98 and 99 percent, enabling physicians to diagnose arrhythmias more efficiently than traditional monitoring technologies.

The company provides ambulatory cardiac monitoring services through Medicare-enrolled independent diagnostic testing facilities, including long-term continuous monitoring services and mobile cardiac telemetry monitoring services. Since receiving FDA clearance in 2009, iRhythm has provided services via more than twelve million patient reports and collected almost three billion hours of curated heartbeat data. The company holds approximately 40 percent penetration of the core ambulatory cardiac monitoring market in the United States and delivers more than 70 percent of long-term continuous monitoring services nationally as of 2025.

iRhythm employs approximately 2,400 regular full-time employees as of December 31, 2025. The company manufactures its iRhythm ACM Systems in a leased facility in Cypress, California. Internationally, iRhythm has established commercial presence in the United Kingdom, selected European countries, and Japan.

The company's strategy focuses on leading and expanding within the core ambulatory cardiac monitoring market, unlocking market expansion through access and evidence-based approaches, pursuing international expansion opportunities, extending the Zio platform into adjacent clinical opportunities such as obstructive sleep apnea and heart failure patients, and advancing its product portfolio and technology platform. iRhythm's competitive advantages include its proprietary deep-learned artificial intelligence algorithms, extensive clinical evidence base, patient-friendly device design, and integrated digital workflows that support physician decision-making.

Company details
Sector
Healthcare
Industry
Surgical & Medical Instruments
Headquarters
San Francisco, CA
Fiscal year end
December
CIK
1388658
SIC
3841

Financial performance, year by year

Fiscal 2016–2025 · USD
$-218.28M$66.34M$350.96M$635.59M$920.21M2016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns iRhythm Holdings, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

288
funds hold it
0 of 35
superinvestors hold it
$1.58B
held by funds, at market
40.1%
of shares held by funds
1
bond issues held by funds

Largest fund holders · iRhythm Holdings, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.12%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.05%of fund net assets
Eventide Gilead Fund
ETGLX · MUTUAL FUND SERIES TRUST
2.01%of fund net assets
0.27%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

iRhythm Holdings, Inc.’s bonds, as funds hold them

Funds report holding 1 issues of iRhythm Holdings, Inc.’s debt, $75.16M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 1.50%, maturing 2029 to 2029.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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