
iRhythm Technologies Inc
NASDAQ:IRTC

Income Statement
Earnings Waterfall
iRhythm Technologies Inc
Revenue
|
591.8m
USD
|
Cost of Revenue
|
-184.3m
USD
|
Gross Profit
|
407.5m
USD
|
Operating Expenses
|
-479m
USD
|
Operating Income
|
-71.4m
USD
|
Other Expenses
|
-41.9m
USD
|
Net Income
|
-113.3m
USD
|
Income Statement
iRhythm Technologies Inc
Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||
Revenue |
33
N/A
|
49
+47%
|
56
+15%
|
64
+14%
|
73
+13%
|
81
+11%
|
89
+10%
|
99
+11%
|
108
+9%
|
119
+11%
|
132
+11%
|
147
+11%
|
165
+12%
|
182
+10%
|
199
+9%
|
215
+8%
|
230
+7%
|
228
-1%
|
245
+8%
|
265
+8%
|
276
+4%
|
306
+11%
|
320
+4%
|
323
+1%
|
341
+6%
|
362
+6%
|
380
+5%
|
411
+8%
|
430
+5%
|
452
+5%
|
473
+5%
|
493
+4%
|
513
+4%
|
537
+5%
|
560
+4%
|
592
+6%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(13)
|
(18)
|
(19)
|
(21)
|
(23)
|
(24)
|
(26)
|
(28)
|
(30)
|
(33)
|
(36)
|
(39)
|
(42)
|
(45)
|
(49)
|
(53)
|
(57)
|
(59)
|
(64)
|
(70)
|
(78)
|
(88)
|
(99)
|
(109)
|
(116)
|
(122)
|
(126)
|
(129)
|
(135)
|
(141)
|
(150)
|
(161)
|
(169)
|
(176)
|
(180)
|
(184)
|
|
Gross Profit |
21
N/A
|
31
+52%
|
37
+19%
|
43
+17%
|
50
+16%
|
57
+13%
|
63
+12%
|
71
+12%
|
78
+10%
|
87
+11%
|
97
+12%
|
109
+12%
|
123
+14%
|
137
+11%
|
149
+9%
|
162
+9%
|
173
+7%
|
169
-2%
|
182
+8%
|
195
+7%
|
198
+2%
|
218
+10%
|
221
+1%
|
214
-3%
|
225
+5%
|
239
+7%
|
254
+6%
|
282
+11%
|
296
+5%
|
312
+5%
|
323
+4%
|
332
+3%
|
344
+4%
|
361
+5%
|
380
+5%
|
408
+7%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||
Operating Expenses |
(38)
|
(52)
|
(55)
|
(59)
|
(66)
|
(74)
|
(84)
|
(99)
|
(111)
|
(125)
|
(139)
|
(154)
|
(169)
|
(182)
|
(203)
|
(217)
|
(229)
|
(234)
|
(234)
|
(239)
|
(260)
|
(277)
|
(298)
|
(314)
|
(319)
|
(340)
|
(353)
|
(369)
|
(400)
|
(412)
|
(430)
|
(430)
|
(455)
|
(476)
|
(485)
|
(479)
|
|
Selling, General & Administrative |
(33)
|
(45)
|
(48)
|
(52)
|
(57)
|
(65)
|
(73)
|
(85)
|
(96)
|
(109)
|
(121)
|
(133)
|
(143)
|
(152)
|
(165)
|
(180)
|
(190)
|
(190)
|
(195)
|
(197)
|
(219)
|
(239)
|
(260)
|
(275)
|
(278)
|
(297)
|
(307)
|
(322)
|
(349)
|
(359)
|
(372)
|
(370)
|
(392)
|
(408)
|
(417)
|
(407)
|
|
Research & Development |
(5)
|
(7)
|
(7)
|
(7)
|
(8)
|
(9)
|
(12)
|
(13)
|
(15)
|
(17)
|
(18)
|
(21)
|
(24)
|
(27)
|
(35)
|
(37)
|
(39)
|
(44)
|
(39)
|
(41)
|
(41)
|
(39)
|
(38)
|
(39)
|
(41)
|
(43)
|
(46)
|
(47)
|
(51)
|
(53)
|
(58)
|
(60)
|
(62)
|
(68)
|
(68)
|
(71)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(17)
N/A
|
(21)
-21%
|
(18)
+13%
|
(16)
+14%
|
(15)
+1%
|
(18)
-14%
|
(21)
-19%
|
(28)
-32%
|
(33)
-20%
|
(39)
-18%
|
(43)
-10%
|
(46)
-7%
|
(46)
-1%
|
(45)
+2%
|
(54)
-19%
|
(55)
-2%
|
(56)
-2%
|
(65)
-17%
|
(52)
+21%
|
(44)
+16%
|
(62)
-42%
|
(59)
+5%
|
(77)
-31%
|
(100)
-29%
|
(94)
+6%
|
(101)
-7%
|
(99)
+2%
|
(87)
+12%
|
(105)
-20%
|
(100)
+4%
|
(107)
-6%
|
(98)
+8%
|
(111)
-13%
|
(115)
-4%
|
(105)
+9%
|
(71)
+32%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
(4)
|
(4)
|
(6)
|
(8)
|
(4)
|
9
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(27)
|
(27)
|
(27)
|
(27)
|
0
|
0
|
0
|
(27)
|
(20)
|
(20)
|
(53)
|
(52)
|
|
Total Other Income |
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(0)
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
1
|
1
|
0
|
0
|
0
|
0
|
1
|
2
|
4
|
5
|
6
|
6
|
8
|
13
|
12
|
1
|
|
Pre-Tax Income |
(20)
N/A
|
(24)
-23%
|
(22)
+7%
|
(21)
+6%
|
(20)
+4%
|
(22)
-10%
|
(25)
-11%
|
(30)
-21%
|
(35)
-18%
|
(41)
-17%
|
(45)
-9%
|
(50)
-13%
|
(47)
+6%
|
(46)
+3%
|
(54)
-18%
|
(55)
-1%
|
(55)
-1%
|
(65)
-17%
|
(51)
+21%
|
(44)
+15%
|
(62)
-43%
|
(59)
+5%
|
(78)
-32%
|
(101)
-29%
|
(124)
-23%
|
(131)
-5%
|
(128)
+2%
|
(116)
+10%
|
(104)
+10%
|
(99)
+5%
|
(104)
-6%
|
(123)
-18%
|
(129)
-5%
|
(131)
-1%
|
(150)
-15%
|
(113)
+25%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Income from Continuing Operations |
(20)
|
(24)
|
(22)
|
(21)
|
(20)
|
(22)
|
(25)
|
(30)
|
(35)
|
(41)
|
(45)
|
(50)
|
(48)
|
(46)
|
(54)
|
(55)
|
(55)
|
(65)
|
(52)
|
(44)
|
(63)
|
(60)
|
(79)
|
(101)
|
(124)
|
(131)
|
(129)
|
(116)
|
(105)
|
(99)
|
(105)
|
(123)
|
(130)
|
(132)
|
(151)
|
(113)
|
|
Net Income (Common) |
(20)
N/A
|
(24)
-23%
|
(22)
+7%
|
(21)
+6%
|
(20)
+4%
|
(22)
-10%
|
(25)
-11%
|
(30)
-21%
|
(35)
-18%
|
(41)
-17%
|
(45)
-9%
|
(50)
-13%
|
(48)
+6%
|
(46)
+3%
|
(54)
-18%
|
(55)
-1%
|
(55)
-1%
|
(65)
-18%
|
(52)
+21%
|
(44)
+15%
|
(63)
-43%
|
(60)
+5%
|
(79)
-32%
|
(101)
-29%
|
(124)
-22%
|
(131)
-5%
|
(129)
+2%
|
(116)
+10%
|
(105)
+10%
|
(99)
+5%
|
(105)
-6%
|
(123)
-18%
|
(130)
-5%
|
(132)
-1%
|
(151)
-15%
|
(113)
+25%
|
|
EPS (Diluted) |
-0.96
N/A
|
-1.18
-23%
|
-1.1
+7%
|
-3.95
-259%
|
-0.9
+77%
|
-0.98
-9%
|
-1.07
-9%
|
-1.31
-22%
|
-1.49
-14%
|
-1.72
-15%
|
-1.85
-8%
|
-2.11
-14%
|
-1.93
+9%
|
-1.86
+4%
|
-2.14
-15%
|
-2.16
-1%
|
-2.06
+5%
|
-2.39
-16%
|
-1.83
+23%
|
-1.58
+14%
|
-2.14
-35%
|
-2.04
+5%
|
-2.68
-31%
|
-3.46
-29%
|
-4.21
-22%
|
-4.38
-4%
|
-4.26
+3%
|
-3.88
+9%
|
-3.47
+11%
|
-3.25
+6%
|
-3.42
-5%
|
-4.04
-18%
|
-4.18
-3%
|
-4.22
-1%
|
-4.81
-14%
|
-3.63
+25%
|