Iradimed Corp income statement
In fiscal 2025, Iradimed Corp reported revenue of $83.8m, up 14.4% on the year before, operating income of $26.1m (a 31.2% margin) and net income of $22.5m, or $1.75 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11 | 16 | 32 | 32 | 23 | 30 | 39 | 32 | 42 | 53 | 66 | 73 | 84 | 89 |
| Cost of revenue | 3 | 3 | 6 | 6 | 6 | 7 | 9 | 8 | 10 | 12 | 15 | 17 | 19 | 22 |
| Gross profit | 8 | 12 | 26 | 26 | 18 | 23 | 30 | 24 | 32 | 41 | 50 | 56 | 64 | 67 |
| Research and development | 1 | 1 | 2 | 1 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 |
| Selling and marketing | 2 | 3 | 5 | 5 | 6 | 7 | 9 | 10 | 11 | 13 | 12 | 16 | 17 | 18 |
| General and administrative | 2 | 5 | 8 | 9 | 9 | 9 | 10 | 12 | 10 | 11 | 15 | 16 | 18 | 18 |
| Operating income | 3 | 3 | 12 | 11 | 1 | 6 | 9 | −1 | 10 | 16 | 20 | 22 | 26 | 29 |
| Income before tax | 3 | 3 | 12 | 11 | 1 | 6 | 9 | −1 | 10 | 16 | 22 | 24 | 28 | 31 |
| Income tax | 1 | 1 | 4 | 4 | 1 | −0 | −1 | −2 | 1 | 3 | 5 | 5 | 6 | 7 |
| Net income | 2 | 2 | 8 | 7 | 0 | 6 | 10 | 1 | 9 | 13 | 17 | 19 | 22 | 24 |
| Diluted EPS | $0.22 | $0.20 | $0.60 | $0.60 | $0.04 | $0.52 | $0.78 | $0.11 | $0.74 | $1.02 | $1.35 | $1.50 | $1.75 | $1.86 |
| Diluted shares (average) | 9m | 10m | 13m | 12m | 12m | 12m | 12m | 12m | 13m | 13m | 13m | 13m | 13m | 13m |
| EBITDA | 3 | 3 | 12 | 12 | 3 | 7 | 10 | 1 | 11 | 16 | 21 | 23 | 27 | 30 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 19 | 20 | 20 | 21 | 23 | 22 | 20 | 24 |
| Cost of revenue | 5 | 5 | 4 | 5 | 6 | 5 | 5 | 6 |
| Gross profit | 15 | 15 | 16 | 16 | 17 | 17 | 15 | 18 |
| Research and development | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Selling and marketing | 5 | 4 | 4 | 5 | 5 | 4 | 4 | 5 |
| General and administrative | 4 | 5 | 4 | 4 | 5 | 5 | 4 | 5 |
| Operating income | 6 | 5 | 7 | 7 | 7 | 7 | 6 | 8 |
| Income before tax | 6 | 6 | 7 | 7 | 8 | 8 | 7 | 9 |
| Income tax | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 2 |
| Net income | 5 | 5 | 6 | 6 | 6 | 6 | 5 | 7 |
| Diluted EPS | $0.40 | $0.37 | $0.45 | $0.43 | $0.50 | $0.45 | $0.41 | $0.51 |
| EBITDA | 6 | 6 | 7 | 7 | 7 | 8 | 7 | 8 |
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