Filing Flows › iRhythm Holdings (IRTC) › Q3 2026
iRhythm Holdings (IRTC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
iRhythm Holdings (IRTC) reported revenue of $222M for the third quarter 2026 (Q3 2026), +15% from a year earlier and -1% from the quarter before. Operating margin was -14.7%, net loss $29.9M (13.5% of revenue).
iRhythm Holdings, Q3 2026: revenue $222M (+15% year over year), operating margin -14.7%, net loss $29.9M, operating cash flow $4.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $222M | -1% | +15% |
| Operating profit | −$32.6M | — | — |
| Net earnings | −$29.9M | — | — |
| Operating cash flow | $4.4M | -91% | -87% |
What changed
Revenue was $221.6M in Q3 2026, up 15% year over year and down 1% from the previous quarter. Contracted third-party payors was the largest line at 50% of revenue. Contracted third-party payors added $11.8M year over year (up 12%), 41% of the total change.
Gross margin was 74.2%, up 3.1 points from Q3 2025. Operating costs exceeded revenue by $32.6M, an operating margin of -14.7%. Operating expenses grew 35% against revenue growth of 15%. The quarter ended with a net loss of $29.9M, wider than the previous quarter's $381K loss.
Operating cash flow was $4.4M (down 87% year over year). Non-cash charges added back $5.3M of depreciation and amortization and $19.5M of share-based compensation. Working capital and other items added $9.5M. Capital expenditures of $16.0M exceeded it, leaving free cash flow of −$11.5M.
Questions
What was iRhythm Holdings' revenue in the third quarter 2026?
iRhythm Holdings (IRTC) reported revenue of $222M for the third quarter 2026 (Q3 2026), +15% from a year earlier and -1% from the quarter before.
Was iRhythm Holdings profitable in the third quarter 2026?
Operating loss was $32.6M (-14.7% of revenue) and net loss $29.9M.
Source: iRhythm Holdings 10-Q on SEC EDGAR.