iRhythm Holdings Announces First Quarter 2026 Financial Results

iRhythm Holdings, Inc. reported its financial results for the first quarter ended March 31, 2026. Revenue increased by 25.7% year-over-year to $199.4 million, with gross margin rising to 70.9%. The company reported a net loss of $13.9 million, an improvement from the previous year. Adjusted EBITDA was $14.1 million. Unrestricted cash, cash equivalents, and marketable securities totaled $549.6 million as of March 31, 2026. The company raised its full-year 2026 revenue guidance to $875 million - $885 million and adjusted EBITDA margin to 12.0% - 13.0%. Key operational highlights include strong volume-led revenue growth, expanded margins, and continued momentum across various channels. The company also presented data on its Zio® ambulatory ECG portfolio and launched a new digital education platform.