Alphatec Holdings vs Irhythm Holdings
Alphatec Holdings and Irhythm Holdings are similar in size: $764m and $747m of revenue in their latest fiscal years. Irhythm Holdings grew faster (26.2% against 25.0%). Irhythm Holdings kept more of each dollar of sales as profit: a net margin of -6.0% against -18.8%. Irhythm Holdings carries less debt relative to equity (425.2% against 5566.3%).
| Latest fiscal year | Alphatec HoldingsATEC, 2025 | Irhythm HoldingsIRTC, 2025 |
|---|---|---|
| Revenue | $764m | $747m |
| Revenue growth | 25.0% | 26.2% |
| Net income | −$143m | −$44.6m |
| Operating margin | -10.7% | -7.7% |
| Net margin | -18.8% | -6.0% |
| Return on equity | — | -36.6% |
| Free cash flow | $2.8m | $34.5m |
| Cash | $161m | $236m |
| Total debt | $692m | $650m |
| Debt to equity | 5566.3% | 425.2% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $0 |
| Employees | 913 | 2,400 |
| Market value | $1.17bn | $4.13bn |
| Price vs our value range | — | — |
| Moat score | 28 (Weak) | 34 (Weak) |
| Insider trades, 12 months | 5 buys, 41 sales | 1 buys, 65 sales |