Financials · IRMD

iRadimed Corporation (IRMD) financials

For the twelve months ended Sep 30, 2026, iRadimed Corporation reported $89.34M of revenue and $23.98M of net income.

Revenue, TTM
$89.34M
Revenue growth, YoY
+11.0%
Net income, TTM
$23.98M
Net income growth, YoY
+13.2%
Net margin
26.8%
Free cash flow, TTM
$26.14M
EPS, diluted, TTM
$1.87
EPS growth, YoY
+13.3%
Cash
$63.29M
P/E
46.36
P/S
12.44
Market cap
$1.11B
Annual revenue$83.81M
FY2016FY2025
Annual net income$22.48M
FY2016FY2025
Annual free cash flow$17.18M
FY2016FY2025

IRMD revenue and earnings growth

IRMD revenueQ3 2026$24.20M

Quarter YoY
+14.2%
QoQ
+18.3%
FY YoY
+14.4%
5Y CAGR
+21.5%
10Y CAGR
+10.2%

IRMD revenue was $24.20M in fiscal Q3 2026 (ended Sep 30, 2026), up 14.2% from a year earlier and up 18.3% from the prior quarter. For the full fiscal 2025 it was $83.81M, up 14.4% from fiscal 2024. Compound annual growth was +21.5% over 5 years and +10.2% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2025 is the highest of the 13 fiscal years on file.

IRMD net incomeQ3 2026$6.51M

Quarter YoY
+16.7%
QoQ
+24.7%
FY YoY
+16.9%
5Y CAGR
+75.0%
10Y CAGR
+11.6%

IRMD net income was $6.51M in fiscal Q3 2026 (ended Sep 30, 2026), up 16.7% from a year earlier and up 24.7% from the prior quarter. For the full fiscal 2025 it was $22.48M, up 16.9% from fiscal 2024. Compound annual growth was +75.0% over 5 years and +11.6% over 10 years. It rose in 7 of the last 10 fiscal years. Fiscal 2025 is the highest of the 13 fiscal years on file.

IRMD EPSQ3 2026$0.51

Quarter YoY
+18.6%
QoQ
+24.4%
FY YoY
+16.7%
5Y CAGR
+73.9%
10Y CAGR
+11.3%

IRMD diluted EPS was $0.51 in fiscal Q3 2026 (ended Sep 30, 2026), up 18.6% from a year earlier and up 24.4% from the prior quarter. For the full fiscal 2025 it was $1.75, up 16.7% from fiscal 2024. Compound annual growth was +73.9% over 5 years and +11.3% over 10 years.

IRMD free cash flowQ3 2026$6.87M

Quarter YoY
+17.4%
QoQ
+19.3%
FY YoY
-2.5%
5Y CAGR
+26.2%
10Y CAGR
+8.9%

IRMD free cash flow was $6.87M in fiscal Q3 2026 (ended Sep 30, 2026), up 17.4% from a year earlier and up 19.3% from the prior quarter. For the full fiscal 2025 it was $17.18M, down 2.5% from fiscal 2024. Compound annual growth was +26.2% over 5 years and +8.9% over 10 years. It rose in 5 of the last 10 fiscal years.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$83.81M$73.24M$65.56M$53.30M$41.81M$31.72M$38.52M$30.44M$23.08M$32.50M
Cost of revenue$19.49M$16.89M$15.40M$12.02M$9.76M$8.14M$8.82M$7.21M$5.57M$6.15M
Gross profit$64.32M$56.35M$50.16M$41.28M$32.05M$23.57M$29.70M$23.23M$17.51M$26.34M
Research and development$2.98M$2.83M$2.86M$2.28M$1.91M$1.90M$1.43M$1.52M$1.72M$1.35M
Selling, general and admin$17.78M$15.94M$15.12M$10.70M$9.77M$12.27M$10.45M$8.71M$9.00M$8.80M
Operating income$26.15M$21.96M$20.04M$15.63M$9.82M-$756.1K$8.65M$6.00M$1.29M$10.92M
Pre-tax income$28.36M$24.27M$21.74M$16.18M$9.84M-$616.9K$9.04M$6.20M$1.40M$10.95M
Income tax$5.88M$5.04M$4.55M$3.35M$510.8K-$1.99M-$587.6K-$106.1K$896.6K$3.74M
Net income$22.48M$19.23M$17.19M$12.83M$9.33M$1.37M$9.63M$6.30M$499.8K$7.21M
EPS, basic$1.77$1.52$1.36$1.02$0.76$0.11$0.85$0.59$0.05$0.67
EPS, diluted$1.75$1.50$1.35$1.02$0.74$0.11$0.78$0.52$0.04$0.60
Diluted shares12.9M12.8M12.7M12.6M12.6M12.4M12.3M12.1M11.7M12.0M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$51.16M$52.23M$49.76M$57.96M$62.00M$50.07M$43.48M$28.03M$18.21M$17.71M
Receivables$13.67M$10.56M$12.22M$13.27M$5.14M$4.57M$7.29M$4.21M$3.78M$3.78M
Inventory$11.62M$10.40M$12.82M$5.37M$4.30M$3.93M$3.64M$4.06M$4.21M$3.89M
Current assets$81.20M$75.24M$76.00M$77.49M$76.24M$63.74M$58.96M$44.54M$35.11M$33.86M
Total assets$108.78M$98.33M$92.16M$85.51M$82.88M$71.07M$66.73M$48.44M$39.01M$37.19M
Current liabilities$10.18M$8.51M$16.33M$8.55M$6.82M$4.92M$5.86M$4.69M$4.08M$3.66M
Total liabilities$14.16M$11.51M$20.74M$11.84M$10.71M$9.68M$11.20M$6.50M$6.08M$5.31M
Shareholders' equity$94.62M$86.82M$71.42M$73.67M$72.17M$61.38M$55.52M$41.95M$32.93M$31.89M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$24.95M$25.62M$13.47M$10.04M$11.26M$5.82M$10.23M$7.38M$3.42M$9.41M
Capital expenditures$7.76M$8.01M$7.44M$823.0K$482.3K$443.0K$368.3K$228.3K$775.6K$780.8K
Free cash flow$17.18M$17.62M$6.02M$9.22M$10.78M$5.37M$9.86M$7.15M$2.64M$8.63M
Investing cash flow-$8.42M-$8.82M-$8.01M-$1.37M$648.2K$247.0K$3.20M$1.52M-$1.02M-$1.94M
Financing cash flow-$17.60M-$14.34M-$13.66M-$12.71M$24.4K$522.5K$2.02M$929.9K-$1.90M-$9.12M
Dividends paid$15.04M$13.68M$13.22M$12.56M------
Share repurchases--------$1.82M$9.97M
Stock-based compensation$2.92M$2.52M$2.19M$1.39M$1.46M$3.96M$1.85M$1.76M$2.45M$1.84M
Depreciation and amortization$1.17M$818.0K$765.2K$670.7K$1.41M$1.34M$1.24M$1.11M$1.31M$955.8K

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY14.4%11.7%23.0%27.5%31.8%-17.7%26.5%31.9%-29.0%2.9%
Net income growth, YoY16.9%11.9%34.0%37.6%581.2%-85.8%52.8%1161.3%-93.1%-4.2%
EPS growth, YoY16.7%11.1%32.4%37.8%572.7%-85.9%50.0%1200.0%-93.3%0.0%
Gross margin76.7%76.9%76.5%77.4%76.6%74.3%77.1%76.3%75.9%81.1%
Operating margin31.2%30.0%30.6%29.3%23.5%-2.4%22.5%19.7%5.6%33.6%
Net margin26.8%26.3%26.2%24.1%22.3%4.3%25.0%20.7%2.2%22.2%
Free cash flow margin20.5%24.1%9.2%17.3%25.8%16.9%25.6%23.5%11.4%26.5%
Return on equity23.8%22.2%24.1%17.4%12.9%2.2%17.3%15.0%1.5%22.6%
Return on assets20.7%19.6%18.7%15.0%11.3%1.9%14.4%13.0%1.3%19.4%
Current ratio7.988.844.659.0611.1812.9610.069.508.619.25

Source: XBRL data iRadimed Corporation files with the SEC, latest filing dated Oct 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

IRMD peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
IRMD$89.34M+11.0%$23.98M26.8%$1.11B
SYK$26.30B+7.9%$3.62B13.8%$124.00B
MMM$25.25B+1.7%$3.54B14.0%$97.47B
BSX$21.07B+8.9%$3.50B16.6%$63.81B
BDX$23.25B+17.4%$941.00M4.0%$58.63B
MDLN$30.68B-$683.00M2.2%$53.55B
RMD$5.73B+9.0%$1.59B27.8%$33.16B
DXCM$5.10B+13.0%$991.00M19.4%$30.24B
WST$3.40B+12.6%$638.90M18.8%$28.78B

IRMD FAQ

9 questions
  • What is IRMD revenue?
    iRadimed Corporation (IRMD) reported $89.34M of revenue for the twelve months ended Sep 30, 2026. That is up 11.0% from the year before. Revenue for fiscal 2025 was $83.81M.
  • Is IRMD profitable?
    Yes. iRadimed Corporation earned $23.98M in net income for the twelve months ended Sep 30, 2026, a net margin of 26.8%.
  • How much cash and debt does IRMD have?
    iRadimed Corporation reported $63.29M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is IRMD revenue growing?
    iRadimed Corporation's revenue changed +14.4% in fiscal 2025, to $83.81M. Its compound annual growth rate was +21.5% over 5 years and +10.2% over 10 years.
  • What is IRMD gross margin?
    iRadimed Corporation's gross profit was $67.46M on $89.34M of revenue for the twelve months ended Sep 30, 2026, a gross margin of 75.5%.
  • What is IRMD free cash flow?
    iRadimed Corporation generated $26.14M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $27.15M less capital expenditures.
  • What is IRMD earnings per share?
    Diluted earnings per share were $1.87 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did IRMD last report financial results?
    The latest statements here come from iRadimed Corporation's 10-Q filed on Oct 30, 2026, covering the period ended Sep 30, 2026.
  • Where does this IRMD financial data come from?
    Quantisnow builds these statements from the structured XBRL data iRadimed Corporation files with the SEC. It is provided for information only and is not investment advice.