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iRhythm Technologies Inc is a digital healthcare company that creates trusted solutions that detect, predict, and prevent disease. Its principal business is the design, development, and commercialization of device-based technology to provide ambulatory cardiac monitoring services that it believes allow clinicians to diagnose certain arrhythmias quicker and with greater efficiency than other services that rely on traditional technology. Each Zio System combines an FDA-cleared and CE-marked, wire-free, patch-based, 14-day wearable biosensor that continuously records electrocardiogram (ECG) data with a proprietary, FDA-cleared, CE-marked cloud-based data analytic software to help physicians monitor patients and diagnose arrhythmias.
2006
2K+
LTM Revenue $618M
LTM EBITDA $9.1M
$3.4B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
iRhythm Technologies has a last 12-month revenue of $618M and a last 12-month EBITDA of $9.1M.
In the most recent fiscal year, iRhythm Technologies achieved revenue of $592M and an EBITDA of -$74.1M.
iRhythm Technologies expects next 12-month revenue of XXX and NTM EBITDA of XXX
See iRhythm Technologies valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $493M | $592M | XXX | XXX | XXX |
| Gross Profit | $282M | $332M | XXX | XXX | XXX |
| Gross Margin | 57% | 56% | XXX | XXX | XXX |
| EBITDA | -$96.9M | -$74.1M | XXX | XXX | XXX |
| EBITDA Margin | -20% | -13% | XXX | XXX | XXX |
| Net Profit | -$116M | -$123M | XXX | XXX | XXX |
| Net Margin | -24% | -21% | XXX | XXX | XXX |
| Net Debt | n/a | n/a | XXX | XXX | XXX |
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As of April 15, 2025, iRhythm Technologies's stock price is $103.
iRhythm Technologies has current market cap of $3.2B, and EV of $3.4B.
See iRhythm Technologies trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $3.4B | $3.2B | XXX | XXX | XXX | XXX | $-3.07 |
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Sign UpAs of April 15, 2025, iRhythm Technologies has market cap of $3.2B and EV of $3.4B.
iRhythm Technologies's trades at 5.6x LTM EV/Revenue multiple, and 378.0x LTM EBITDA.
Analysts estimate iRhythm Technologies's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for iRhythm Technologies and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $3.4B | XXX | XXX | XXX |
| EV/Revenue | 5.8x | XXX | XXX | XXX |
| EV/EBITDA | -46.4x | XXX | XXX | XXX |
| P/E | -28.6x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | -75.6x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpiRhythm Technologies's NTM/LTM revenue growth is 16%
iRhythm Technologies's revenue per employee for the last fiscal year averaged $0.3M, while opex per employee averaged $0.3M for the same period.
Over next 12 months, iRhythm Technologies's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate iRhythm Technologies's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for iRhythm Technologies and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 20% | XXX | XXX | XXX | XXX |
| EBITDA Margin | -13% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -23% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 3% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.3M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.3M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | 18% | XXX | XXX | XXX | XXX |
| Opex to Revenue | 88% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Philips | XXX | XXX | XXX | XXX | XXX | XXX |
| Perspective Therapeutics | XXX | XXX | XXX | XXX | XXX | XXX |
| SmartVest | XXX | XXX | XXX | XXX | XXX | XXX |
| InfuSystem | XXX | XXX | XXX | XXX | XXX | XXX |
| Myomo | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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iRhythm Technologies acquired XXX companies to date.
Last acquisition by iRhythm Technologies was XXXXXXXX, XXXXX XXXXX XXXXXX . iRhythm Technologies acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was iRhythm Technologies founded? | iRhythm Technologies was founded in 2006. |
| Where is iRhythm Technologies headquartered? | iRhythm Technologies is headquartered in United States of America. |
| How many employees does iRhythm Technologies have? | As of today, iRhythm Technologies has 2K+ employees. |
| Who is the CEO of iRhythm Technologies? | iRhythm Technologies's CEO is Mr. Quentin S. Blackford. |
| Is iRhythm Technologies publicy listed? | Yes, iRhythm Technologies is a public company listed on NAS. |
| What is the stock symbol of iRhythm Technologies? | iRhythm Technologies trades under IRTC ticker. |
| When did iRhythm Technologies go public? | iRhythm Technologies went public in 2016. |
| Who are competitors of iRhythm Technologies? | Similar companies to iRhythm Technologies include e.g. Philips, Perspective Therapeutics, SmartVest, InfuSystem. |
| What is the current market cap of iRhythm Technologies? | iRhythm Technologies's current market cap is $3.2B |
| What is the current revenue of iRhythm Technologies? | iRhythm Technologies's last 12-month revenue is $618M. |
| What is the current EBITDA of iRhythm Technologies? | iRhythm Technologies's last 12-month EBITDA is $9.1M. |
| What is the current EV/Revenue multiple of iRhythm Technologies? | Current revenue multiple of iRhythm Technologies is 5.6x. |
| What is the current EV/EBITDA multiple of iRhythm Technologies? | Current EBITDA multiple of iRhythm Technologies is 378.0x. |
| What is the current revenue growth of iRhythm Technologies? | iRhythm Technologies revenue growth between 2023 and 2024 was 20%. |
| Is iRhythm Technologies profitable? | Yes, iRhythm Technologies is EBITDA-positive (as of the last 12 months). |
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