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iRadimed (IRMD) Financials

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$86.89 +1.62 (+1.90%)
Closing price 04:00 PM Eastern
Extended Trading
$86.86 -0.03 (-0.04%)
As of 05:42 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for iRadimed

Annual Income Statements for iRadimed

This table shows iRadimed's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
7.53 7.21 0.50 6.30 9.63 1.37 9.33 13 17 19 22
Consolidated Net Income / (Loss)
7.53 7.21 0.50 6.30 9.63 1.37 9.33 13 17 19 22
Net Income / (Loss) Continuing Operations
7.53 7.21 0.50 6.30 9.63 1.37 9.33 13 17 19 22
Total Pre-Tax Income
12 11 1.40 6.20 9.04 -0.62 9.84 16 22 24 28
Total Operating Income
12 11 1.29 6.00 8.65 -0.76 9.82 16 20 22 26
Total Gross Profit
26 26 18 23 30 24 32 41 50 56 64
Total Revenue
32 32 23 30 39 32 42 53 66 73 84
Operating Revenue
32 32 23 30 39 32 42 53 66 73 84
Total Cost of Revenue
5.84 6.15 5.57 7.21 8.82 8.14 9.76 12 15 17 19
Operating Cost of Revenue
5.84 6.15 5.57 7.21 8.82 8.14 9.76 12 15 17 19
Total Operating Expenses
14 15 16 17 21 24 22 26 30 34 38
Selling, General & Admin Expense
7.77 8.80 9.00 8.71 10 12 9.77 11 15 16 18
Marketing Expense
4.71 5.28 5.50 7.00 9.17 10 11 13 12 16 17
Research & Development Expense
1.76 1.35 1.72 1.52 1.43 1.90 1.91 2.28 2.86 2.83 2.98
Total Other Income / (Expense), net
0.12 0.03 0.11 0.19 0.40 0.14 0.02 0.55 1.70 2.31 2.21
Other Income / (Expense), net
0.12 0.03 0.11 0.19 0.40 0.14 0.02 0.55 1.70 2.31 2.21
Income Tax Expense
4.10 3.74 0.90 -0.11 -0.59 -1.99 0.51 3.35 4.55 5.04 5.88
Basic Earnings per Share
$0.68 $0.67 $0.05 $0.59 $0.85 $0.11 $0.76 $1.02 $1.36 $1.52 $1.77
Weighted Average Basic Shares Outstanding
11.00M 10.82M 10.64M 10.76M 11.28M 12.12M 12.35M 12.56M 12.60M 12.67M 12.72M
Diluted Earnings per Share
$0.60 $0.60 $0.04 $0.52 $0.78 $0.11 $0.74 $1.02 $1.35 $1.50 $1.75
Weighted Average Diluted Shares Outstanding
12.56M 11.99M 11.72M 12.11M 12.28M 12.44M 12.59M 12.64M 12.72M 12.78M 12.85M
Weighted Average Basic & Diluted Shares Outstanding
11.10M 10.80M 10M 11.00M 11.92M 12.31M 12.56M 12.59M 12.66M 12.72M 12.78M

Quarterly Income Statements for iRadimed

This table shows iRadimed's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders
5.07 4.54 4.14 4.90 5.05 5.15 4.69 5.77 5.58 6.44 5.82
Consolidated Net Income / (Loss)
5.07 4.54 4.14 4.90 5.05 5.15 4.69 5.77 5.58 6.44 5.82
Net Income / (Loss) Continuing Operations
5.07 4.54 4.14 4.90 5.05 5.15 4.69 5.77 5.58 6.44 5.82
Total Pre-Tax Income
6.41 5.68 5.24 6.27 6.42 6.34 5.95 7.33 7.30 7.79 7.77
Total Operating Income
5.91 5.16 4.75 5.63 5.79 5.80 5.43 6.79 6.83 7.09 7.24
Total Gross Profit
13 13 13 14 14 15 15 16 16 17 17
Total Revenue
17 17 18 18 18 19 20 20 21 23 22
Operating Revenue
17 17 18 18 18 19 20 20 21 23 22
Total Cost of Revenue
3.67 4.04 4.21 3.92 4.13 4.63 4.67 4.45 4.71 5.66 5.17
Operating Cost of Revenue
3.67 4.04 4.21 3.92 4.13 4.63 4.67 4.45 4.71 5.66 5.17
Total Operating Expenses
6.93 8.25 8.64 8.38 8.40 8.96 9.41 9.17 9.66 9.94 9.58
Selling, General & Admin Expense
3.62 4.27 3.99 4.10 3.97 3.87 4.61 4.28 4.36 4.54 4.57
Marketing Expense
2.86 5.54 3.83 3.48 3.80 7.52 4.18 4.01 4.63 4.60 4.05
Research & Development Expense
0.45 -1.56 0.82 0.80 0.64 -2.44 0.62 0.88 0.67 0.80 0.96
Total Other Income / (Expense), net
0.50 0.52 0.50 0.64 0.63 0.54 0.51 0.54 0.46 0.70 0.53
Other Income / (Expense), net
0.50 0.52 0.50 0.64 0.63 0.54 0.51 0.54 0.46 0.70 0.53
Income Tax Expense
1.34 1.14 1.11 1.37 1.37 1.20 1.26 1.55 1.72 1.35 1.95
Basic Earnings per Share
$0.40 $0.36 $0.33 $0.39 $0.40 $0.40 $0.37 $0.45 $0.44 $0.51 $0.46
Weighted Average Basic Shares Outstanding
12.60M 12.60M 12.66M 12.66M 12.67M 12.67M 12.71M 12.72M 12.72M 12.72M 12.78M
Diluted Earnings per Share
$0.40 $0.35 $0.32 $0.38 $0.40 $0.40 $0.37 $0.45 $0.43 $0.50 $0.45
Weighted Average Diluted Shares Outstanding
12.74M 12.72M 12.75M 12.76M 12.78M 12.78M 12.83M 12.84M 12.86M 12.85M 12.87M
Weighted Average Basic & Diluted Shares Outstanding
12.61M 12.66M 12.66M 12.67M 12.67M 12.72M 12.72M 12.72M 12.72M 12.78M 12.78M

Annual Cash Flow Statements for iRadimed

This table details how cash moves in and out of iRadimed's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
9.91 -1.65 0.49 9.82 15 6.59 12 -4.04 -8.20 2.47 -1.08
Net Cash From Operating Activities
7.65 9.41 3.42 7.38 10 5.82 11 10 13 26 25
Net Cash From Continuing Operating Activities
7.65 9.41 3.42 7.38 10 5.82 11 10 13 26 25
Net Income / (Loss) Continuing Operations
7.53 7.21 0.50 6.30 9.63 1.37 9.33 13 17 19 22
Consolidated Net Income / (Loss)
7.53 7.21 0.50 6.30 9.63 1.37 9.33 13 17 19 22
Depreciation Expense
0.81 0.96 1.31 1.11 1.24 1.34 1.41 0.67 0.77 0.82 1.17
Non-Cash Adjustments To Reconcile Net Income
1.34 2.04 2.75 1.93 1.93 3.90 1.62 1.59 2.61 2.52 2.95
Changes in Operating Assets and Liabilities, net
-2.03 -0.80 -1.14 -1.97 -2.57 -0.79 -1.07 -5.02 -7.11 3.05 -1.64
Net Cash From Investing Activities
-0.06 -1.94 -1.02 1.52 3.20 0.25 0.65 -1.37 -8.01 -8.82 -8.42
Net Cash From Continuing Investing Activities
-0.06 -1.94 -1.02 1.52 3.20 0.25 0.65 -1.37 -8.01 -8.82 -8.42
Purchase of Property, Plant & Equipment
-0.31 -1.52 -0.82 -0.26 -0.49 -0.64 -0.74 -1.87 -8.01 -8.82 -8.42
Net Cash From Financing Activities
2.33 -9.12 -1.90 0.93 2.02 0.52 0.02 -13 -14 -14 -18
Net Cash From Continuing Financing Activities
2.33 -9.12 -1.90 0.93 2.02 0.52 0.02 -13 -14 -14 -18
Payment of Dividends
- - - - - - 0.00 -13 -13 -14 -15
Other Financing Activities, net
1.73 0.60 -0.16 0.93 -0.47 -1.21 0.02 -0.15 -0.43 -0.66 -2.56
Cash Income Taxes Paid
2.70 3.39 1.21 1.38 0.01 0.00 0.97 1.71 5.35 6.51 3.92

Quarterly Cash Flow Statements for iRadimed

This table details how cash moves in and out of iRadimed's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents
0.92 3.02 -4.64 3.41 3.19 0.51 -1.90 2.66 3.53 -5.37 5.22
Net Cash From Operating Activities
1.39 3.91 3.88 6.64 9.12 5.99 4.29 7.75 6.99 5.92 8.29
Net Cash From Continuing Operating Activities
1.39 3.91 3.88 6.64 9.03 6.08 4.29 7.75 6.99 5.92 8.29
Net Income / (Loss) Continuing Operations
5.07 4.54 4.14 4.90 5.05 5.15 4.69 5.77 5.58 6.44 5.82
Consolidated Net Income / (Loss)
5.07 4.54 4.14 4.90 5.05 5.15 4.69 5.77 5.58 6.44 5.82
Depreciation Expense
0.19 0.21 0.23 0.20 0.20 0.19 0.19 0.21 0.38 0.38 0.46
Non-Cash Adjustments To Reconcile Net Income
0.57 0.59 0.63 0.74 0.02 1.13 0.77 0.76 0.68 0.73 0.74
Changes in Operating Assets and Liabilities, net
-4.43 -1.42 -1.11 0.80 3.75 -0.40 -1.36 1.00 0.34 -1.63 1.28
Net Cash From Investing Activities
-0.44 -0.63 -0.48 -1.27 -4.01 -3.06 -3.92 -2.82 -1.26 -0.42 -0.47
Net Cash From Continuing Investing Activities
-0.44 -0.63 -0.48 -1.27 -4.01 -3.06 -3.92 -2.82 -1.26 -0.42 -0.47
Purchase of Property, Plant & Equipment
-0.44 -0.63 -0.48 -1.27 -4.01 -3.06 -3.70 -2.82 -1.26 -0.42 -0.40
Acquisitions
- - - - - - -0.22 - - - -0.07
Net Cash From Financing Activities
-0.03 -0.26 -8.04 -1.96 -1.92 -2.42 -2.28 -2.26 -2.19 -11 -2.61
Net Cash From Continuing Financing Activities
-0.03 -0.26 -8.04 -1.96 -1.92 -2.42 -2.28 -2.26 -2.19 -11 -2.61
Payment of Dividends
- - -7.98 -1.90 -1.90 -1.90 -2.16 -2.16 -2.16 -8.55 -2.56
Other Financing Activities, net
-0.03 -0.26 -0.06 -0.06 -0.02 -0.52 -0.12 -0.10 -0.03 -2.32 -0.05
Cash Income Taxes Paid
1.38 1.22 0.19 2.82 1.45 2.06 0.01 2.34 0.15 1.42 0.01

Annual Balance Sheets for iRadimed

This table presents iRadimed's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
35 37 39 48 67 71 83 86 92 98 109
Total Current Assets
34 34 35 45 59 64 76 77 76 75 81
Cash & Equivalents
19 18 18 28 43 50 62 58 50 52 51
Accounts Receivable
3.86 3.78 3.78 4.21 7.29 4.57 5.14 13 12 11 14
Inventories, net
2.38 3.89 4.21 4.06 3.64 3.93 4.30 5.37 13 10 12
Prepaid Expenses
0.32 0.36 0.65 0.53 0.41 0.77 1.00 0.63 1.19 2.05 1.65
Current Deferred & Refundable Income Taxes
0.42 0.15 0.13 1.37 1.37 2.48 3.31 0.25 - - 3.11
Plant, Property, & Equipment, net
0.91 1.46 1.87 1.87 2.05 2.12 2.07 2.40 9.29 17 24
Total Noncurrent Assets
0.39 1.88 2.04 2.03 5.71 5.21 4.57 5.62 6.87 6.27 3.72
Intangible Assets
0.19 0.92 0.89 0.83 0.86 0.96 1.12 2.07 2.52 3.10 3.38
Noncurrent Deferred & Refundable Income Taxes
0.09 0.79 0.95 1.09 1.66 1.27 0.77 0.70 2.12 2.82 0.09
Other Noncurrent Operating Assets
0.10 0.17 0.20 0.11 3.19 2.98 2.68 2.85 2.22 0.35 0.24
Total Liabilities & Shareholders' Equity
35 37 39 48 67 71 83 86 92 98 109
Total Liabilities
3.31 5.31 6.08 6.50 11 9.68 11 12 21 12 14
Total Current Liabilities
2.89 3.66 4.08 4.69 5.86 4.92 6.82 8.55 16 8.51 10
Accounts Payable
1.01 1.12 0.66 0.77 0.99 0.66 0.78 1.80 1.86 1.90 1.82
Accrued Expenses
0.03 0.04 0.06 0.07 0.08 0.09 0.11 0.09 0.12 0.12 0.14
Current Deferred Revenue
0.53 1.03 1.62 1.80 1.67 1.95 2.55 3.37 2.57 2.26 2.87
Current Deferred & Payable Income Tax Liabilities
- 0.19 0.01 - - - - 0.00 0.25 0.00 1.81
Current Employee Benefit Liabilities
1.29 1.04 1.51 1.80 2.17 1.71 2.81 2.87 2.78 3.77 3.22
Other Taxes Payable
0.03 0.12 0.11 0.13 0.60 0.10 0.14 0.12 0.10 - 0.31
Total Noncurrent Liabilities
0.42 1.64 2.00 1.81 5.35 4.76 3.88 3.29 4.41 3.00 3.98
Noncurrent Deferred Revenue
0.42 1.64 2.00 1.81 2.63 2.31 1.68 1.38 2.79 2.99 3.98
Total Equity & Noncontrolling Interests
32 32 33 42 56 61 72 74 71 87 95
Total Preferred & Common Equity
32 32 33 42 56 61 72 74 71 87 95
Total Common Equity
32 32 33 42 56 61 72 74 71 87 95
Common Stock
19 12 13 15 19 24 25 26 28 30 30
Retained Earnings
13 20 20 27 36 38 47 47 43 57 64

Quarterly Balance Sheets for iRadimed

This table presents iRadimed's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets
80 76 81 87 88 90 94 102 106 115 114
Total Current Assets
72 61 66 72 72 74 74 75 77 85 86
Cash & Equivalents
56 43 46 47 45 49 52 50 53 57 56
Accounts Receivable
11 12 11 13 13 12 10 13 11 14 13
Inventories, net
5.24 6.31 8.42 12 13 12 11 11 11 12 12
Prepaid Expenses
0.39 0.68 0.77 0.74 1.04 1.02 0.95 1.54 1.92 1.10 1.63
Current Deferred & Refundable Income Taxes
0.00 0.00 0.00 0.00 - - - - 0.33 1.70 3.13
Plant, Property, & Equipment, net
2.29 8.64 8.72 8.89 9.45 10 14 20 23 24 24
Total Noncurrent Assets
5.38 5.68 6.62 6.59 6.68 5.90 5.80 6.21 6.14 6.01 3.74
Intangible Assets
1.88 2.21 2.35 2.46 2.67 2.75 2.89 3.26 3.37 3.37 3.29
Noncurrent Deferred & Refundable Income Taxes
0.99 0.62 1.77 1.80 1.88 2.59 2.46 2.69 2.56 2.42 0.23
Other Noncurrent Operating Assets
2.51 2.85 2.50 2.32 2.12 0.56 0.45 0.27 0.20 0.21 0.23
Total Liabilities & Shareholders' Equity
80 76 81 87 88 90 94 102 106 115 114
Total Liabilities
9.77 11 12 13 12 10 11 12 12 16 16
Total Current Liabilities
5.60 6.76 7.59 7.88 7.62 7.46 8.06 8.47 8.81 13 12
Accounts Payable
0.96 1.76 2.55 2.78 1.29 1.12 1.40 2.59 1.90 2.33 2.18
Accrued Expenses
0.10 0.10 0.11 0.11 0.12 0.12 0.12 0.12 0.12 0.14 0.14
Current Deferred Revenue
1.59 2.07 1.71 1.92 2.34 2.54 2.56 2.60 3.26 3.16 3.40
Current Deferred & Payable Income Tax Liabilities
- 0.49 - - 0.93 0.00 0.00 0.58 - 2.80 3.90
Current Employee Benefit Liabilities
2.35 1.62 2.33 2.29 2.14 2.90 3.28 2.27 3.21 4.07 2.07
Other Taxes Payable
0.18 0.06 0.22 0.10 0.14 0.16 0.19 0.26 0.32 0.30 0.43
Total Noncurrent Liabilities
4.17 4.52 4.85 4.96 4.28 2.82 2.75 3.20 3.33 3.57 3.76
Noncurrent Deferred Revenue
2.18 2.59 3.01 3.23 2.76 2.82 2.75 3.20 3.33 3.57 3.76
Total Equity & Noncontrolling Interests
70 64 69 75 76 80 83 90 94 98 99
Total Preferred & Common Equity
70 64 69 75 76 80 83 90 94 98 99
Total Common Equity
70 64 69 75 76 80 83 90 94 98 99
Common Stock
26 27 27 28 29 29 30 31 31 32 31
Retained Earnings
44 37 42 47 47 50 54 59 63 66 67

Annual Metrics And Ratios for iRadimed

This table displays calculated financial ratios and metrics derived from iRadimed's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding
- - - - - - - - - - 12,721,156.00
DEI Adjusted Shares Outstanding
- - - - - - - - - - 12,721,156.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - - 1.77
Growth Metrics
- - - - - - - - - - -
Profitability Metrics
- - - - - - - - - - -
Net Operating Profit after Tax (NOPAT)
7.45 7.19 0.46 6.11 9.21 -0.53 9.31 12 16 17 21
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - - 22.19% 20.05% 21.90%
Earnings before Interest and Taxes (EBIT)
12 11 1.40 6.20 9.04 -0.62 9.84 16 22 24 28
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
12 12 2.71 7.30 10 0.72 11 17 23 25 30
Valuation Ratios
- - - - - - - - - - -
Leverage & Solvency
- - - - - - - - - - -
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
6.01 5.95 0.08 5.13 7.50 -0.66 9.04 6.35 1.92 12 12
Efficiency Ratios
- - - - - - - - - - -
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
4.96 6.21 6.59 7.57 9.27 9.41 9.67 16 30 35 43
Increase / (Decrease) in Invested Capital
1.44 1.25 0.38 0.98 1.71 0.13 0.27 6.04 14 4.95 8.87
Book Value per Share
$2.88 $2.98 $3.12 $3.84 $4.83 $5.00 $5.85 $5.86 $5.67 $6.85 $7.44
Tangible Book Value per Share
$2.87 $2.89 $3.04 $3.76 $4.76 $4.92 $5.76 $5.70 $5.47 $6.61 $7.17
Total Capital
32 32 33 42 56 61 72 74 71 87 95
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-27 -26 -26 -34 -46 -52 -63 -58 -50 -52 -51
Capital Expenditures (CapEx)
0.31 1.52 0.82 0.26 0.49 0.64 0.74 1.87 8.01 8.82 8.42
Debt-free, Cash-free Net Working Capital (DFCFNWC)
4.09 4.52 4.69 5.47 6.85 6.84 6.92 11 9.91 14 20
Debt-free Net Working Capital (DFNWC)
31 30 31 40 53 59 69 69 60 67 71
Net Working Capital (NWC)
31 30 31 40 53 59 69 69 60 67 71
Net Nonoperating Expense (NNE)
-0.08 -0.02 -0.04 -0.20 -0.42 -1.90 -0.02 -0.44 -1.35 -1.83 -1.75
Net Nonoperating Obligations (NNO)
-27 -26 -26 -34 -46 -52 -63 -58 -42 -52 -51
Total Depreciation and Amortization (D&A)
0.81 0.96 1.31 1.11 1.24 1.34 1.41 0.67 0.77 0.82 1.17
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.68 $0.67 $0.05 $0.59 $0.85 $0.11 $0.76 $1.02 $1.36 $1.52 $1.77
Adjusted Weighted Average Basic Shares Outstanding
11.00M 10.82M 10.64M 10.76M 11.28M 12.12M 12.35M 12.56M 12.60M 12.67M 12.72M
Adjusted Diluted Earnings per Share
$0.60 $0.60 $0.04 $0.52 $0.78 $0.11 $0.74 $1.02 $1.35 $1.50 $1.75
Adjusted Weighted Average Diluted Shares Outstanding
12.56M 11.99M 11.72M 12.11M 12.28M 12.44M 12.59M 12.64M 12.72M 12.78M 12.85M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
11.03M 10.74M 10.60M 11.00M 11.92M 12.31M 12.56M 12.59M 12.66M 12.72M 12.78M
Normalized Net Operating Profit after Tax (NOPAT)
7.45 7.19 0.90 4.20 6.05 -0.53 9.31 12 16 17 21
Debt Service Ratios
- - - - - - - - - - -
Payout Ratios
- - - - - - - - - - -

Quarterly Metrics And Ratios for iRadimed

This table displays calculated financial ratios and metrics derived from iRadimed's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding
- - - - - - - - - 12,721,156.00 12,782,566.00
DEI Adjusted Shares Outstanding
- - - - - - - - - 12,721,156.00 12,782,566.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - 0.51 0.46
Growth Metrics
- - - - - - - - - - -
Revenue Growth
23.10% 17.42% 13.72% 11.15% 11.04% 11.10% 10.87% 13.84% 15.69% - 12.65%
EBITDA Growth
41.20% 46.78% 20.68% 17.91% 0.26% 11.08% 12.25% 16.49% 16.11% - 33.96%
EBIT Growth
51.23% 20.79% 20.55% 18.32% 0.15% 11.66% 13.39% 16.88% 13.70% - 30.68%
NOPAT Growth
39.71% 24.09% 19.38% 12.36% -2.46% 14.13% 14.32% 21.59% 14.66% - 26.55%
Net Income Growth
47.86% 23.58% 21.45% 17.26% -0.35% 13.37% 13.32% 17.81% 10.44% - 24.13%
EPS Growth
48.15% 20.69% 18.52% 15.15% 0.00% 14.29% 15.63% 18.42% 7.50% - 21.62%
Operating Cash Flow Growth
-64.64% 28.75% -16.42% 88.93% 554.54% 53.02% 10.53% 16.69% -23.36% - 93.15%
Free Cash Flow Firm Growth
-296.70% -260.61% 16.66% 35.47% 107.42% 97.49% 21.80% -35.34% -834.80% - 167.54%
Invested Capital Growth
96.22% 88.61% 43.74% 34.35% 13.98% 16.71% 28.16% 32.66% 31.89% - 6.08%
Revenue Q/Q Growth
2.32% 5.74% 0.84% 1.88% 2.21% 5.80% 0.63% 4.61% 3.88% - -3.14%
EBITDA Q/Q Growth
20.28% -10.78% -7.09% 18.26% 2.28% -1.16% -6.11% 22.72% 1.95% - 0.65%
EBIT Q/Q Growth
20.95% -11.34% -7.71% 19.56% 2.38% -1.15% -6.29% 23.24% -0.40% - -0.28%
NOPAT Q/Q Growth
19.26% -11.71% -9.14% 17.44% 3.53% 3.31% -8.99% 24.91% -2.37% - -7.61%
Net Income Q/Q Growth
21.23% -10.41% -8.88% 18.49% 3.03% 1.93% -8.93% 23.18% -3.42% - -9.69%
EPS Q/Q Growth
21.21% -12.50% -8.57% 18.75% 5.26% 0.00% -7.50% 21.62% -4.44% - -10.00%
Operating Cash Flow Q/Q Growth
-60.36% 180.93% -0.75% 70.96% 37.32% -34.32% -28.31% 80.48% -9.81% - 39.97%
Free Cash Flow Firm Q/Q Growth
-62.60% -9.19% 41.97% 37.36% 118.69% -136.88% -1,710.86% -8.40% -1.49% - 199.83%
Invested Capital Q/Q Growth
20.05% 6.51% 4.59% 0.46% 1.85% 9.06% 14.86% 3.98% 1.26% - -3.04%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
77.78% 76.86% 76.07% 78.14% 77.44% 76.13% 76.08% 78.17% 77.80% - 76.50%
EBITDA Margin
39.98% 33.73% 31.08% 36.08% 36.10% 33.73% 31.47% 36.92% 36.23% - 37.42%
Operating Margin
35.78% 29.57% 26.98% 31.39% 31.59% 29.91% 27.84% 33.26% 32.23% - 32.93%
EBIT Margin
38.83% 32.56% 29.80% 34.97% 35.02% 32.72% 30.47% 35.90% 34.42% - 35.35%
Profit (Net Income) Margin
30.70% 26.01% 23.51% 27.34% 27.55% 26.54% 24.03% 28.29% 26.30% - 26.47%
Tax Burden Percent
79.07% 79.90% 78.89% 78.18% 78.67% 81.12% 78.84% 78.80% 76.42% - 74.89%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% - 100.00%
Effective Tax Rate
20.93% 20.10% 21.11% 21.82% 21.33% 18.88% 21.16% 21.20% 23.58% - 25.11%
Return on Invested Capital (ROIC)
84.83% 68.31% 54.83% 62.78% 59.53% 55.36% 46.65% 56.18% 53.93% - 51.98%
ROIC Less NNEP Spread (ROIC-NNEP)
84.06% 67.47% 53.94% 61.72% 58.53% 54.42% 45.80% 55.34% 53.28% - 51.23%
Return on Net Nonoperating Assets (RNNOA)
-59.60% -46.39% -33.75% -39.17% -36.47% -32.33% -26.31% -32.30% -31.72% - -28.99%
Return on Equity (ROE)
25.24% 21.92% 21.07% 23.61% 23.06% 23.02% 20.34% 23.88% 22.21% - 22.99%
Cash Return on Invested Capital (CROIC)
6.67% 8.49% 26.72% 33.05% 43.45% 38.78% 26.05% 24.08% 25.70% - 47.51%
Operating Return on Assets (OROA)
29.29% 24.03% 24.65% 28.35% 27.50% 25.16% 24.14% 28.38% 26.52% - 28.22%
Return on Assets (ROA)
23.16% 19.20% 19.45% 22.17% 21.63% 20.41% 19.03% 22.37% 20.27% - 21.14%
Return on Common Equity (ROCE)
25.24% 21.92% 21.07% 23.61% 23.06% 23.02% 20.34% 23.88% 22.21% - 22.99%
Return on Equity Simple (ROE_SIMPLE)
21.90% 0.00% 23.55% 23.40% 22.33% 0.00% 21.97% 0.00% 0.00% - 0.00%
Net Operating Profit after Tax (NOPAT)
4.67 4.12 3.75 4.40 4.55 4.71 4.28 5.35 5.22 5.87 5.42
NOPAT Margin
28.29% 23.62% 21.29% 24.54% 24.85% 24.27% 21.95% 26.21% 24.63% - 24.66%
Net Nonoperating Expense Percent (NNEP)
0.78% 0.84% 0.89% 1.06% 1.01% 0.94% 0.85% 0.84% 0.66% - 0.75%
Return On Investment Capital (ROIC_SIMPLE)
- 5.77% - - - 5.42% 4.76% 5.67% 5.31% 6.20% 5.50%
Cost of Revenue to Revenue
22.22% 23.14% 23.93% 21.86% 22.56% 23.87% 23.92% 21.83% 22.20% - 23.50%
SG&A Expenses to Revenue
21.90% 24.49% 22.68% 22.90% 21.65% 19.98% 23.63% 20.97% 20.54% - 20.79%
R&D to Revenue
2.74% -8.91% 21.75% 4.47% 3.49% -12.56% 3.20% 4.30% 3.18% - 4.35%
Operating Expenses to Revenue
42.00% 47.29% 49.09% 46.75% 45.85% 46.21% 48.24% 44.92% 45.56% - 43.57%
Earnings before Interest and Taxes (EBIT)
6.41 5.68 5.24 6.27 6.42 6.34 5.95 7.33 7.30 7.79 7.77
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
6.60 5.89 5.47 6.47 6.62 6.54 6.14 7.53 7.68 8.17 8.22
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
7.34 8.27 7.27 6.96 7.64 8.00 7.41 8.06 9.20 - 12.49
Price to Tangible Book Value (P/TBV)
7.60 8.58 7.53 7.21 7.91 8.30 7.69 8.36 9.53 - 12.92
Price to Revenue (P/Rev)
8.70 9.01 8.17 7.98 8.94 9.49 8.88 9.79 11.24 - 14.26
Price to Earnings (P/E)
33.54 34.37 30.87 29.75 34.21 36.13 33.73 36.80 42.71 - 52.11
Dividend Yield
2.42% 3.26% 3.50% 1.44% 1.55% 1.70% 1.18% 1.07% 0.93% - 1.26%
Earnings Yield
2.98% 2.91% 3.24% 3.36% 2.92% 2.77% 2.97% 2.72% 2.34% - 1.92%
Enterprise Value to Invested Capital (EV/IC)
18.00 18.26 16.39 16.25 18.46 18.58 15.53 17.12 20.28 - 27.86
Enterprise Value to Revenue (EV/Rev)
7.95 8.25 7.51 7.28 8.21 8.78 8.21 9.11 10.54 - 13.61
Enterprise Value to EBITDA (EV/EBITDA)
24.28 24.04 21.68 20.72 23.95 25.61 23.95 26.36 30.41 - 37.14
Enterprise Value to EBIT (EV/EBIT)
24.13 24.89 22.45 21.44 24.79 26.48 24.70 27.16 31.52 - 38.90
Enterprise Value to NOPAT (EV/NOPAT)
33.30 34.15 30.88 29.88 34.80 36.93 34.39 37.44 43.36 - 53.70
Enterprise Value to Operating Cash Flow (EV/OCF)
39.78 40.18 40.00 31.97 24.86 25.08 23.70 26.06 33.92 - 40.56
Enterprise Value to Free Cash Flow (EV/FCFF)
357.68 281.19 72.36 56.38 45.27 51.61 66.98 81.09 89.78 - 60.37
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Financial Leverage
-0.71 -0.69 -0.63 -0.63 -0.62 -0.59 -0.57 -0.58 -0.60 - -0.57
Leverage Ratio
1.16 1.22 1.17 1.15 1.15 1.20 1.14 1.13 1.15 - 1.15
Compound Leverage Factor
1.16 1.22 1.17 1.15 1.15 1.20 1.14 1.13 1.15 - 1.15
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Common Equity to Total Capital
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% - 100.00%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Altman Z-Score
28.19 19.45 30.51 35.04 37.97 38.82 36.83 40.11 35.64 - 49.09
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
9.13 4.65 9.44 9.87 9.21 8.84 8.87 8.78 6.64 - 7.13
Quick Ratio
7.55 3.80 7.64 8.11 7.70 7.38 7.44 7.25 5.50 - 5.76
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-8.97 -9.80 -5.69 -3.56 0.67 -0.25 -4.45 -4.82 -4.89 -3.01 3.00
Operating Cash Flow to CapEx
317.22% 618.27% 811.01% 522.81% 227.24% 195.87% 109.57% 274.33% 552.89% - 2,057.07%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.75 0.74 0.83 0.81 0.79 0.77 0.79 0.79 0.77 - 0.80
Accounts Receivable Turnover
5.37 5.14 5.51 6.03 6.16 6.43 5.84 6.79 6.65 - 6.61
Inventory Turnover
1.77 1.69 1.67 1.55 1.42 1.45 1.49 1.54 1.61 - 1.78
Fixed Asset Turnover
11.27 11.22 7.48 7.24 6.19 5.61 5.04 4.65 4.24 - 3.87
Accounts Payable Turnover
8.01 8.43 10.43 8.62 7.79 9.00 8.95 11.84 9.89 - 8.38
Days Sales Outstanding (DSO)
67.91 70.98 66.22 60.50 59.25 56.76 62.49 53.77 54.91 - 55.25
Days Inventory Outstanding (DIO)
205.64 215.51 218.72 236.09 256.56 250.90 244.59 237.47 227.27 - 204.89
Days Payable Outstanding (DPO)
45.57 43.32 35.00 42.33 46.83 40.55 40.77 30.84 36.92 - 43.57
Cash Conversion Cycle (CCC)
227.99 243.17 249.94 254.26 268.98 267.11 266.31 260.40 245.26 - 216.56
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
28 30 31 31 32 35 40 41 42 43 42
Invested Capital Turnover
3.00 2.89 2.58 2.56 2.40 2.28 2.13 2.14 2.19 - 2.11
Increase / (Decrease) in Invested Capital
14 14 9.43 7.96 3.89 4.95 8.73 10 10 8.87 2.42
Enterprise Value (EV)
501 541 508 506 585 643 617 707 848 - 1,174
Market Capitalization
548 591 553 555 637 695 667 760 905 - 1,230
Book Value per Share
$5.92 $5.67 $6.01 $6.29 $6.59 $6.85 $7.08 $7.42 $7.74 $7.44 $7.71
Tangible Book Value per Share
$5.72 $5.47 $5.80 $6.07 $6.36 $6.61 $6.83 $7.15 $7.47 $7.17 $7.45
Total Capital
75 71 76 80 83 87 90 94 98 95 99
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-47 -50 -45 -49 -52 -52 -50 -53 -57 -51 -56
Capital Expenditures (CapEx)
0.44 0.63 0.48 1.27 4.01 3.06 3.92 2.82 1.26 0.42 0.40
Debt-free, Cash-free Net Working Capital (DFCFNWC)
17 9.91 19 18 15 14 16 16 16 20 18
Debt-free Net Working Capital (DFNWC)
64 60 64 66 66 67 67 69 72 71 74
Net Working Capital (NWC)
64 60 64 66 66 67 67 69 72 71 74
Net Nonoperating Expense (NNE)
-0.40 -0.42 -0.39 -0.50 -0.50 -0.44 -0.41 -0.42 -0.35 -0.58 -0.40
Net Nonoperating Obligations (NNO)
-47 -42 -45 -49 -52 -52 -50 -53 -57 -51 -56
Total Depreciation and Amortization (D&A)
0.19 0.21 0.23 0.20 0.20 0.19 0.19 0.21 0.38 0.38 0.46
Debt-free, Cash-free Net Working Capital to Revenue
27.48% 15.12% 28.28% 25.31% 20.34% 19.79% 21.73% 20.05% 19.37% - 20.78%
Debt-free Net Working Capital to Revenue
101.71% 91.02% 94.95% 95.16% 92.87% 91.11% 88.70% 88.31% 89.58% - 86.12%
Net Working Capital to Revenue
101.71% 91.02% 94.95% 95.16% 92.87% 91.11% 88.70% 88.31% 89.58% - 86.12%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.40 $0.36 $0.33 $0.39 $0.40 $0.40 $0.37 $0.45 $0.44 $0.51 $0.46
Adjusted Weighted Average Basic Shares Outstanding
12.60M 12.60M 12.66M 12.66M 12.67M 12.67M 12.71M 12.72M 12.72M 12.72M 12.78M
Adjusted Diluted Earnings per Share
$0.40 $0.35 $0.32 $0.38 $0.40 $0.40 $0.37 $0.45 $0.43 $0.50 $0.45
Adjusted Weighted Average Diluted Shares Outstanding
12.74M 12.72M 12.75M 12.76M 12.78M 12.78M 12.83M 12.84M 12.86M 12.85M 12.87M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
12.61M 12.66M 12.66M 12.67M 12.67M 12.72M 12.72M 12.72M 12.72M 12.78M 12.78M
Normalized Net Operating Profit after Tax (NOPAT)
4.67 4.12 3.75 4.40 4.55 4.71 4.28 5.35 5.22 5.87 5.42
Normalized NOPAT Margin
28.29% 23.62% 21.29% 24.54% 24.85% 24.27% 21.95% 26.21% 24.63% - 24.66%
Pre Tax Income Margin
38.83% 32.56% 29.80% 34.97% 35.02% 32.72% 30.47% 35.90% 34.42% - 35.35%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
80.99% 76.91% 44.50% 52.97% 63.22% 71.11% 39.74% 39.33% 39.59% - 65.37%
Augmented Payout Ratio
80.99% 76.91% 44.50% 52.97% 63.22% 71.11% 39.74% 39.33% 39.59% - 65.37%

Financials Breakdown Chart

Key Financial Trends

IRadimed Corp (IRMD) has shown a generally positive trajectory over the last four years, with a growing revenue base, stable high gross margins, improving operating profitability, and solid balance sheet liquidity. Here are the most meaningful takeaways based on quarterly data from 2022 through 2025.

  • Revenue has trended higher over the period, with Q4 2025 revenue around $22.69M versus approximately $14.86M in Q4 2022, indicating a meaningful top-line expansion.
  • Gross margin has remained strong and stable in the mid-70% range (about 75%–76%), signaling solid pricing and cost control across years.
  • Operating margin has remained solid, with quarterly operating income around 30%+ of revenue (Q4 2025 operating income about $7.09M on $22.69M revenue).
  • Net income and EPS have trended higher in later years, with Q4 2025 net income attributable to common shareholders around $6.44M and diluted EPS near $0.50, compared with prior years’ lower levels.
  • Cash flow from operations has been consistently positive and sizable (for example, about $5.92M in Q4 2025 and $7.75M in Q3 2025), supporting ongoing liquidity and flexibility.
  • The balance sheet shows a strong equity base and relatively modest liabilities, with Total Assets around $100–115M and Total Liabilities well below Total Equity in recent periods, indicating solid solvency.
  • Liquidity remains healthy, with cash balances in the mid-to-high $50M range across 2024–2025 and a robust current asset base versus current liabilities (implied healthy liquidity ratios).
  • Dividend payments (and related financing activity) provide shareholder value but reduce cash, making dividends a neutral factor for growth-oriented investors.
  • Ongoing capital expenditures are present (PPE purchases), reflecting reinvestment in capacity and operations; this is a neutral factor for near-term cash flow but supports potential long-term growth.
  • Near-term cash balance can be pressured by financing activities, as seen in quarterly nets from financing activities and occasional negative net changes in cash (e.g., Q4 2025 net change in cash of about -$5.37M driven by financing outflows).
05/14/26 06:04 PM ETAI Generated. May Contain Errors.

iRadimed Financials - Frequently Asked Questions

According to the most recent income statement we have on file, iRadimed's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

iRadimed's net income appears to be on an upward trend, with a most recent value of $22.48 million in 2025, rising from $7.53 million in 2015. The previous period was $19.23 million in 2024. View iRadimed's forecast to see where analysts expect iRadimed to go next.

iRadimed's total operating income in 2025 was $26.15 million, based on the following breakdown:
  • Total Gross Profit: $64.32 million
  • Total Operating Expenses: $38.18 million

Over the last 10 years, iRadimed's total revenue changed from $31.59 million in 2015 to $83.81 million in 2025, a change of 165.3%.

iRadimed's total liabilities were at $14.16 million at the end of 2025, a 23.0% increase from 2024, and a 327.6% increase since 2015.

In the past 10 years, iRadimed's cash and equivalents has ranged from $17.71 million in 2016 to $62.00 million in 2021, and is currently $51.16 million as of their latest financial filing in 2025.

Over the last 10 years, iRadimed's book value per share changed from 2.88 in 2015 to 7.44 in 2025, a change of 157.8%.



Financial statements for NASDAQ:IRMD last updated on 5/2/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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