iRhythm Technologies, Inc.

For the period ended Sep 30, 2025. Filed Oct 30, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Oct 30, 2025

IRTC$86.06-3.0%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

(In thousands, except per share data)

	Three Months Ended September 30,		Nine Months Ended September 30,
	2025	2024	2025	2024
(unaudited)
Revenue, net	$192,884	$147,538	$538,248	$427,514
Cost of revenue	55,762	46,062	159,053	135,051
Gross profit	137,122	101,476	379,195	292,463
Operating expenses:
Research and development	21,033	15,694	63,564	52,378
Acquired in-process research and development	302	32,069	2,296	32,069
Selling, general and administrative	124,216	103,375	370,549	318,797
Impairment charges	—	641	2,479	641
Total operating expenses	145,551	151,779	438,888	403,885
Loss from operations	(8,429)	(50,303)	(59,693)	(111,422)
Interest and other income (expense), net:
Interest income	5,944	6,456	16,184	16,198
Interest expense	(3,281)	(3,329)	(9,832)	(9,501)
Loss on extinguishment of debt	—	—	—	(7,589)
Other income, net	578	1,182	3,717	772
Total interest and other income (expense), net	3,241	4,309	10,069	(120)
Loss before income taxes	(5,188)	(45,994)	(49,624)	(111,542)
Income tax provision	24	188	506	414
Net loss	$(5,212)	$(46,182)	$(50,130)	$(111,956)
Net loss per common share, basic and diluted	$(0.16)	$(1.48)	$(1.57)	$(3.59)
Weighted-average shares, basic and diluted	32,170	31,262	31,919	31,147

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.