OverviewSuggest Edit

iRhythm Technologies is a digital healthcare company. It develops biosensing technology based on cloud-based data analytics and machine learning. The Company also develops Zio platform for early heart disease diagnostics. 

TypePublic
Founded2006
HQSan Francisco, US
Websiteirhythmtech.com
Employee Ratings3.3
Overall CultureB

Latest Updates

Employees (est.) (Dec 2019)997(+34%)
Job Openings43
Revenue (FY, 2019)$214.6 M(+46%)
Share Price (Nov 2020)$258.3
Cybersecurity ratingCMore

Key People/Management at iRhythm Technologies

Kevin King

Kevin King

President, CEO and Director
Abhijit Y. Talwalkar

Abhijit Y. Talwalkar

Chairman of the Board
Bruce G. Bodaken

Bruce G. Bodaken

Director
Douglas Devine

Douglas Devine

Chief Financial Officer
Allan Wilsker

Allan Wilsker

EVP of Information Technology and Customer Service
Judy Lenane

Judy Lenane

CCO & EVP, Products
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iRhythm Technologies Office Locations

iRhythm Technologies has offices in San Francisco, Cypress, Houston, Lincolnshire and in 3 other locations
San Francisco, US (HQ)
650 Townsend St, San Francisco
Cypress, US
11085 Knott Ave
Houston, US
5775 North Sam Houston Parkway West, Suite 200
Lincolnshire, US
2 Marriott Dr
Bagshot, GB
Seal House, 56 London Rd
Surrey, GB
1 Farnham Rd
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iRhythm Technologies Financials and Metrics

iRhythm Technologies Revenue

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View revenue for all periods
iRhythm Technologies's revenue was reported to be $214.55 m in FY, 2019
USD

Revenue (Q3, 2020)

71.9m

Gross profit (Q3, 2020)

53.7m

Gross profit margin (Q3, 2020), %

74.7%

Net income (Q3, 2020)

(4.7m)

EBIT (Q3, 2020)

(4.8m)

Market capitalization (12-Nov-2020)

7.5b

Closing stock price (12-Nov-2020)

258.3

Cash (30-Sept-2020)

95.3m

EV

7.5b
iRhythm Technologies's current market capitalization is $7.5 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

64.1m98.5m147.3m214.6m

Cost of goods sold

20.9m27.7m38.6m52.5m

Gross profit

43.2m70.8m108.7m162.1m

Gross profit Margin, %

67%72%74%76%
Quarterly
USDQ3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

16.8m21.4m23.9m25.0m30.6m35.5m38.1m47.2m53.3m54.7m63.5m50.9m71.9m

Cost of goods sold

5.3m6.3m6.7m6.9m8.6m9.5m9.9m11.7m12.8m13.8m16.1m15.5m18.2m

Gross profit

11.5m15.1m17.1m18.1m22.0m26.0m28.2m35.5m40.5m40.9m47.5m35.4m53.7m

Gross profit Margin, %

69%70%72%72%72%73%74%75%76%75%75%70%75%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

51.6m8.7m20.0m20.5m

Accounts Receivable

9.4m13.0m22.0m23.9m

Prepaid Expenses

1.7m2.6m4.1m4.3m

Inventories

1.4m1.7m2.1m4.0m
Quarterly
USDQ3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

5.8m15.6m16.2m20.4m16.5m19.2m17.3m28.2m16.2m34.6m56.5m81.7m95.3m

Accounts Receivable

9.3m11.0m10.9m12.0m17.2m19.1m20.5m28.3m29.1m25.0m24.2m22.9m29.0m

Prepaid Expenses

1.0m1.4m1.8m2.0m1.8m2.5m2.8m3.8m3.7m3.7m4.2m3.7m4.7m

Inventories

1.7m1.2m1.2m1.3m1.9m2.2m2.3m2.5m2.8m3.5m4.2m5.0m5.1m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(20.9m)(29.4m)(48.3m)(54.6m)

Depreciation and Amortization

568.0k1.6m2.3m

Inventories

(245.0k)(293.0k)(380.0k)(2.0m)

Accounts Payable

305.0k634.0k(192.0k)5.6m
USDQ3, 2016

Financial Leverage

-0.2 x
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iRhythm Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

iRhythm Technologies Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

iRhythm Technologies Online and Social Media Presence

Embed Graph

iRhythm Technologies Company Culture

  • Overall Culture

    B

    76/100

  • CEO Rating

    C+

    70/100

  • Compensation

    D

    52/100

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iRhythm Technologies News and Updates

iRhythm Technologies Announces Data from mSToPS Clinical Trial to be Presented in a Late-Breaking Scientific Session at American Heart Association 2020

iRhythm to Host Webcast to Discuss Outcomes on Monday, November 16, 2020 iRhythm to Host Webcast to Discuss Outcomes on Monday, November 16, 2020

iRhythm Technologies Announces NHS Funding After Winning Artificial Intelligence in Health and Care Award

Company selected from over 500 applicants in first-of-its-kind Digital Health Technologies Pilot Company selected from over 500 applicants in first-of-its-kind Digital Health Technologies Pilot

iRhythm Technologies Announces Pricing of Upsized Public Offering of Common Stock

SAN FRANCISCO, Aug. 18, 2020 (GLOBE NEWSWIRE) -- iRhythm Technologies, Inc. (NASDAQ: IRTC), a leading digital health care solutions company focused on the advancement of cardiac care, announced today the pricing of its underwritten public offering of 1,093,167 shares of its common stock at a publi…

iRhythm Technologies Announces Second Quarter 2020 Financial Results

SAN FRANCISCO, Aug. 06, 2020 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by iRhythm Technologies, Inc. (NASDAQ: IRTC), please note that in the table of Condensed Consolidated Statements of Operations, the rows for "Net loss per common share, basic and diluted" and…

iRhythm Technologies Files Quarterly Report on Form 10-Q for Third Quarter 2019 and Updates Guidance for Full Year 2019

Conference Call Scheduled for Today at 8:30 AM ET/5:30 AM PT Conference Call Scheduled for Today at 8:30 AM ET/5:30 AM PT

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages iRhythm Technologies (IRTC) Investors with Losses to Contact Its Attorneys, Firm Investigating Possible Securities Law Violations

SAN FRANCISCO, Nov. 13, 2019 /PRNewswire/ -- Hagens Berman urges iRhythm Technologies, Inc. (NASDAQ: IRTC) investors who have suffered losses before Nov. 13, 2019 to submit their losses now to learn if they qualify to recover their investment losses. The firm has opened an investigation...
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iRhythm Technologies Blogs

Zio by iRhythm Detects Previously Undiagnosed Atrial Fibrillation and Helps to Prevent Hospitalizations, Stroke, and Death as a Result

Three-Year Study Results Presented at 2020 American Heart Association Scientific Sessions Zio Supports Better Healthcare Utilization Rates and Patient Outcomes With Ambulatory Cardiac Monitoring SAN FRANCISCO , Nov. 16, 2020 (GLOBE NEWSWIRE) -- iRhythm Technologies, Inc.

iRhythm Technologies Announces Third Quarter 2020 Financial Results

SAN FRANCISCO , Nov. 05, 2020 (GLOBE NEWSWIRE) -- iRhythm Technologies, Inc. (NASDAQ: IRTC), a leading digital health care solutions company focused on the advancement of cardiac care, today reported financial results for the three months ended September 30, 2020 .

iRhythm Technologies to Report Third Quarter 2020 Financial Results on November 5, 2020

SAN FRANCISCO , Oct. 22, 2020 (GLOBE NEWSWIRE) -- iRhythm Technologies, Inc. (NASDAQ: IRTC), a leading digital healthcare solutions company focused on the advancement of cardiac care, today announced that it will release financial results for the third quarter 2020 after the close of trading on
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iRhythm Technologies Frequently Asked Questions

  • When was iRhythm Technologies founded?

    iRhythm Technologies was founded in 2006.

  • Who are iRhythm Technologies key executives?

    iRhythm Technologies's key executives are Kevin King, Abhijit Y. Talwalkar and Bruce G. Bodaken.

  • How many employees does iRhythm Technologies have?

    iRhythm Technologies has 997 employees.

  • What is iRhythm Technologies revenue?

    Latest iRhythm Technologies annual revenue is $214.6 m.

  • What is iRhythm Technologies revenue per employee?

    Latest iRhythm Technologies revenue per employee is $215.2 k.

  • Who are iRhythm Technologies competitors?

    Competitors of iRhythm Technologies include WhisperSom, MobioSense and Empatica.

  • Where is iRhythm Technologies headquarters?

    iRhythm Technologies headquarters is located at 650 Townsend St, San Francisco, San Francisco.

  • Where are iRhythm Technologies offices?

    iRhythm Technologies has offices in San Francisco, Cypress, Houston, Lincolnshire and in 3 other locations.

  • How many offices does iRhythm Technologies have?

    iRhythm Technologies has 7 offices.