iRhythm Technologies Reports Q3 2025 Revenue Up 30.7% to $192.9 Million

Reuters
2025/10/31
iRhythm Technologies Reports Q3 2025 Revenue Up 30.7% to $192.9 Million

IRhythm Technologies Inc. reported revenue of $192.9 million for the third quarter of 2025, representing a 30.7% increase compared to the third quarter of 2024. Gross margin for the period was 71.1%, an increase of 230 basis points year over year. As of September 30, 2025, the company had unrestricted cash, cash equivalents, and marketable securities totaling $565.2 million. Net loss for the third quarter of 2025 was $5.2 million, or a diluted loss of $0.16 per share, compared to a net loss of $46.2 million, or a diluted loss of $1.48 per share, for the same period in 2024. Adjusted net loss was $2.0 million, or a diluted loss of $0.06 per share, compared to an adjusted net loss of $39.2 million, or a diluted loss of $1.26 per share, in the prior year period. For the full year 2025, the company projects revenue between $735.0 million and $740.0 million, with an adjusted EBITDA margin expected to range from approximately 8.3% to 8.8% of revenues. Business developments in the period included continued momentum in the core long-term continuous monitoring business, sustained demand for Zio AT, progress within value-based care accounts, and contributions from international markets. The company reported the publication of real-world evidence and clinical trial data supporting the clinical value of its Zio long-term continuous monitoring service. iRhythm also advanced its innovation pipeline with the submission of its next-generation Zio MCT solution to the FDA and early work in sleep diagnostics.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IRhythm Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9565500-en) on October 30, 2025, and is solely responsible for the information contained therein.

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