iRhythm Holdings achieved record quarterly revenue of $208.9 million, a 27.1% increase year-over-year, and reported its first-ever positive GAAP net income of $5.6 million. The company also saw a 90-basis point increase in gross margin to 70.9% and a substantial improvement in adjusted EBITDA, reflecting strong execution and business model durability.
Record quarterly revenue of $208.9 million, up 27.1% from Q4 2024.
First quarter of positive GAAP net income in company history, reaching $5.6 million.
Gross margin improved to 70.9%, a 90-basis point increase compared to Q4 2024.
Adjusted EBITDA increased significantly to $34.3 million, with a 470-basis point improvement in margin.
For the full year 2026, iRhythm expects revenue between $870 million and $880 million and an adjusted EBITDA margin of 11.5% to 12.5%.
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