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Income Statement (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Revenue | 187M | 17.7% |
| Gross Profit | 133M | 21.6% |
| Cost of Revenue | 54M | 8.8% |
| Operating expense | 152M | 6.9% |
| Net Income | -14M | 53.7% |
| EBITDA | -5.4M | 74.4% |
Balance Sheet (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Total Assets | 964M | 4.1% |
| Total Liabilities | 860M | 2.5% |
| Total Equity | 104M | 19.6% |
| Shares Outstanding | 32M | 0% |
Cash Flow (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Cash from operations | 28M | 450.5% |
| Cash from investing | -101M | 164.6% |
| Cash from financing | 7.1M | 310.3% |
EPS
Financial Highlights for iRhythm Technologies in Q2 '25
iRhythm Technologies reported a revenue of 187M, which is a 17.7% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 133M, marking a 21.6% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 54M, a 8.8% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 152M, showing a 6.9% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -14M, showing a 53.7% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was -5.4M, showing a 74.4% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for iRhythm Technologies with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
