iRhythm Technologies

iRhythm Technologies

Wearable cardiac monitoring with data analysis

Overview

iRhythm Technologies develops cardiac monitoring technology centered on the Zio Patch, a wearable device that records heart rhythms for up to 14 days. The patch is worn by patients to collect continuous heart data, which iRhythm analyzes and interprets to provide diagnostic insights to clinicians without frequent in-person visits. Compared with rivals, the Zio Patch focuses on long-duration, non-intrusive monitoring combined with integrated data analysis that supports telehealth and clinician workflows. Its goal is to improve arrhythmia detection and diagnostic accuracy while streamlining patient care through scalable wearable monitoring and data interpretation.

About iRhythm Technologies

Simplify's Rating
Why iRhythm Technologies is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Hardware

Enterprise Software

Healthcare

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

San Francisco, California

Founded

2006

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Simplify's Take

What believers are saying

  • Over half of volume now flows through EHR-integrated accounts.
  • Primary care drives over one-third of volume across 40,000 physicians.
  • ACC 2026 data sharpen expansion into CKD, diabetes, and obesity pathways.

What critics are saying

  • FDA warning-letter remediation remains unresolved, risking renewed manufacturing scrutiny.
  • Medicare coverage changes could reduce volume from expanded systemic emboli and TAVR indications.
  • Zio Monitor concentration leaves revenue exposed to recalls, litigation, or adverse FDA findings.

What makes iRhythm Technologies unique

  • Zio Patch offers uninterrupted 14-day monitoring with physician-ready reports.
  • iRhythm combines wearable biosensors, cloud analytics, and deep-learned algorithms.
  • NICE recommended iRhythm in the UK, validating clinical utility.

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Funding

Total Funding

$1.1B

Above

Industry Average

Funded Over

13 Rounds

Post IPO Convertible funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Convertible Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Mental Health Support

Hybrid Work Options

Pet Insurance

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Yahoo Finance
Apr 2nd, 2026
iRhythm stock gains 9% YTD on strong ACM demand and AI integration despite regulatory headwinds

iRhythm Holdings has gained 9% year-to-date, buoyed by strong volume-led growth across channels and expanding presence in primary care. The ambulatory cardiac monitoring company posted 27% year-over-year revenue growth in fourth-quarter 2025, marking its fifth consecutive quarter exceeding 20% growth. The company now serves approximately 40,000 primary care physicians, with over one-third of total volume coming from these settings. Its deep integration with electronic health record systems and investments in AI-powered diagnostics strengthen its competitive position. iRhythm guides for 2026 revenues of $870-880 million, representing 16%-18% growth. However, the Zacks Rank #3 (Hold) company faces challenges from reimbursement pressures, regulatory headwinds and intensifying competition in cardiac monitoring technologies. Shares trade at a market capitalisation of $3.69 billion.

The Associated Press
Mar 30th, 2026
iRhythm's Zio ambulatory ECG detects arrhythmias in nearly half of chronic kidney disease patients

iRhythm Holdings presented data at the American College of Cardiology 2026 Annual Scientific Sessions demonstrating high prevalence of clinically actionable arrhythmias across cardiovascular-kidney-metabolic patient populations using its Zio ambulatory ECG portfolio. Two retrospective analyses found that 48% of patients with chronic kidney disease and 47% of those with both diabetes and CKD had clinically actionable arrhythmias, compared with 35% of patients with neither condition. A separate study showed patients with severe obesity had nearly threefold higher odds of atrial fibrillation detection compared with normal-weight patients. The company also launched iRhythm Academy, a digital education platform for healthcare professionals. Chief Medical Officer Mintu Turakhia delivered the Louis F. Bishop Keynote on scaling AI in cardiology, emphasising the need to integrate AI into clinical workflows.

Yahoo Finance
Mar 24th, 2026
iRhythm leads Q4 patient monitoring earnings with $208.9M revenue, up 27.1% year-on-year

iRhythm Technologies reported Q4 revenues of $208.9 million, up 27.1% year-on-year and exceeding analysts' expectations by 3.4%. The cardiac monitoring device maker also beat earnings per share estimates, delivering the strongest analyst beat and highest full-year guidance raise among patient monitoring companies. Despite the strong results, iRhythm's shares have fallen 25.7% since reporting, currently trading at $118.09. The decline suggests investor expectations exceeded Wall Street's published projections. The patient monitoring sector overall reported solid Q4 results, with the four tracked companies beating revenue consensus estimates by 1.9% on average. However, next quarter's revenue guidance came in 1.8% below expectations, and share prices have declined an average of 10.5% following earnings announcements.

Yahoo Finance
Mar 12th, 2026
iRhythm appoints UnitedHealth Group executive Jason Patten to board of directors

iRhythm Holdings has appointed Jason Patten to its Board of Directors, effective 12 March 2026. Patten currently serves as Executive Vice President and Head of Enterprise Strategy at UnitedHealth Group, where he leads corporate strategy, strategic partnerships and innovation functions. The appointment comes as iRhythm, a digital healthcare company specialising in disease detection and prevention, seeks to expand from episodic detection to proactive, integrated care. Chairman Abhi Talwalkar said Patten's experience leading strategy at one of the world's largest healthcare organisations will support the company's growth across primary care, AI capabilities and multiple markets. Patten previously held positions including Chief Operating Officer at OptumHealth and worked in financial services at MoneyGram International and Carlson Marketing Group.

Stock Titan
Feb 26th, 2026
iRhythm (IRTC) CMO receives 15,060 RSU shares, sells 7,804 to cover taxes

iRhythm (IRTC) CMO receives 15,060 RSU shares, sells 7,804 to cover taxes. Filing Impact (Very High) Filing Sentiment (Negative) Rhea-AI Filing summary. iRhythm Holdings executive Minang Turakhia, Chief Medical/Scientific Officer and EVP Advanced Technology, reported a mix of equity award and related share sale. On February 24, 2026, he acquired 15,060 shares of common stock at $0.00 per share through the vesting of performance RSUs granted on February 27, 2023, after the compensation committee determined the performance conditions were met. On February 25, 2026, he sold 7,804 shares at an average price of $135.4189 per share to cover tax withholding and remittance obligations tied to this vesting. Following these transactions, he directly held 48,899 shares of iRhythm common stock. 02/26/2026 - 05:56 PM SEC Form 4 Faq. What insider transactions did Minang Turakhia report for iRhythm Holdings (IRTC)? Minang Turakhia reported a performance-based equity award and a related share sale. He acquired 15,060 iRhythm shares via vested performance RSUs, then sold 7,804 shares to satisfy tax withholding, leaving him with 48,899 directly held common shares. How many iRhythm (IRTC) shares did Minang Turakhia acquire in the latest Form 4? He acquired 15,060 iRhythm shares at $0.00 per share. The shares came from performance RSUs granted on February 27, 2023, which vested after the board's compensation committee determined the performance conditions had been met. Why did Minang Turakhia sell iRhythm (IRTC) shares in this Form 4 filing? He sold 7,804 iRhythm shares to cover tax withholding and remittance obligations. The sale followed the vesting of performance RSUs and was executed at an average price of $135.4189 per share, according to the footnote disclosure. At what price were Minang Turakhia's iRhythm (IRTC) shares sold? The 7,804 iRhythm shares were sold at an average price of $135.4189 per share. This transaction was reported as an open-market sale and was undertaken to satisfy tax obligations associated with the RSU vesting. How many iRhythm Holdings (IRTC) shares does Minang Turakhia own after these transactions? After the reported award and tax-related sale, Minang Turakhia directly holds 48,899 shares of iRhythm common stock. This post-transaction balance reflects both the 15,060-share RSU vesting and the 7,804-share sale for tax withholding. What type of equity award did Minang Turakhia receive from iRhythm (IRTC)? He received shares upon vesting of performance Restricted Stock Units (RSUs). The compensation committee determined that performance conditions for RSUs granted on February 27, 2023, were met, resulting in the issuance of 15,060 common shares at no purchase price.

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