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Companies / Healthcare / RadNet, Inc.
RDNT

RadNet, Inc.

HealthcareHealth Services
Ticker RDNTLOS ANGELES, CAFiscal year ends DecemberBook value per share $14.16Diluted shares 77.4M

RadNet Inc. (NASDAQ: RDNT) operates as the largest provider of freestanding, fixed-site outpatient diagnostic imaging services in the United States, based on number of centers and annual imaging revenue. Founded in 1985, the company maintains its website at www.radnet.com and operates 418 imaging centers across… 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
$2.04B
+11.5% year over year
Last 12 mo $2.27B
3.04%
−2.7 percentage points
Last 12 mo 3.12%
$17.05M
−56.1% year over year
Last 12 mo $19.27M
-1.71%
−2 percentage points
Last 12 mo -1.93%
Cash & financing
$298.82M
+28.2% year over year
Last 12 mo $310.06M
$85.57M
+90.4% year over year
Last 12 mo $72.37M
1.00
Was 1.13× a year earlier
Last 12 mo 1.22
75.2M
+0.6% year over year
Last 12 mo 77.4M

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 RadNet, Inc. does

In the company’s own words

RadNet Inc. (NASDAQ: RDNT) operates as the largest provider of freestanding, fixed-site outpatient diagnostic imaging services in the United States, based on number of centers and annual imaging revenue. Founded in 1985, the company maintains its website at www.radnet.com and operates 418 imaging centers across Arizona, California, Delaware, Florida, Maryland, Virginia, New Jersey, Texas, and New York as of December 31, 2025.

The company's primary business segment, Imaging Centers, provides comprehensive diagnostic imaging services including magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, and fluoroscopy. The vast majority of RadNet's centers offer multi-modality imaging services, enabling patients and referring physicians to access multiple procedure types at single locations. This diversified approach reduces revenue exposure to reimbursement changes in any specific modality and strengthens relationships with payors and referring physicians.

RadNet's Digital Health segment, anchored by its DeepHealth, Inc. subsidiary, develops and deploys artificial intelligence-powered health informatics solutions. This segment includes acquisitions of Aidence Holding B.V. and Quantib B.V. in the Netherlands, as well as ICAD Inc. and CIMAR. The Digital Health portfolio comprises 22 FDA-cleared and 15 CE-marked solutions, including the DeepHealth OS cloud-native operating system and eRad's RIS/PACS informatics platform designed for outpatient radiology. The company serves over 2,000 customers globally through this division.

Internationally, RadNet operates The HLH Imaging Group Limited, a majority-owned subsidiary providing teleradiology services within the United Kingdom's National Health Service framework.

As of December 31, 2025, RadNet employed 8,844 full-time, 432 part-time, and 1,988 per diem employees, including 222 full-time and 88 part-time physicians and 2,835 full-time technologists. The company operates 2,703 pieces of diagnostic imaging equipment across its centers, with average equipment ages under five years for MRI and CT units and under four years for PET units. RadNet's competitive advantages include its regional network density, multi-modality service offerings, strong payor relationships, experienced radiologist network, and technologically advanced operations powered by artificial intelligence and machine learning capabilities.

Company details
Sector
Healthcare
Industry
Health Services
Headquarters
LOS ANGELES, CA
Fiscal year end
December
CIK
790526
SIC
8071

Financial performance, year by year

Fiscal 2013–2025 · USD
$-228.82M$452.39M$1.13B$1.81B$2.50B2013201420152016201720182019202020212022202320242025Last 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 RadNet, Inc. — and what changed

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

364
funds hold it
0 of 35
superinvestors hold it
$2.24B
held by funds, at market
47.5%
of shares held by funds

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

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.19%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.14%of fund net assets
T. Rowe Price Mid-Cap Value Fund, Inc.
TRMCX · T. ROWE PRICE MID-CAP VALUE FUND, INC.
0.66%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.05%of fund net assets

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

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

Put this business in context.

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