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Nasdaq · Healthcare

IRADIMED CORP (IRMD)

As-reported financials and SEC filings for IRADIMED CORP. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About IRADIMED CORP

IRadimed Corporation develops, manufactures, and sells MRI compatible medical devices, including intravenous infusion pump systems and patient vital signs monitoring systems. Their products are designed to safely deliver IV fluids and monitor vital signs during MRI procedures, serving hospitals and acute care facilities in the United States and internationally. The company offers devices such as the MRidium 3870 and 3860+ infusion pumps and the 3880 vital signs monitor, which operate reliably in strong magnetic fields.

Snapshot

Revenue
$83.8M
Revenue growth (YoY)
14.4%
Net income
$22.5M
Diluted EPS
$1.75
Gross margin
76.7%
Operating margin
31.2%
Net margin
26.8%
FCF margin
20.5%
ROE
23.8%
net income / fiscal-year-end equity
P/E
48.6×
trailing when available, otherwise FY EPS
Market cap
$1.11B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Iradimed

  • Revenue grew 14.4% to $84M in FY2025, faster than the 11.7% the year before.
  • Operating margin is 31.2% in FY2025, +7.7 pp against 23.5% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $20M, up 0.3% from Q2 FY2025.
  • Free cash flow was $17M in FY2025, 20.5% of revenue.
  • Net income rose 16.9% to $22M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Iradimed’s fundamentals sit among the 88 medical device companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin76.7%
82nd percentile of 77
Operating margin31.2%
99th percentile of 80
Net margin26.8%
96th percentile of 81
FCF margin20.5%
92nd percentile of 74
Revenue growth (YoY)+14.4%
53rd percentile of 87
ROE23.8%
92nd percentile of 79
P/E48.6×
81st percentile of 32
Short interest4.83d
68th percentile of 88

Iradimed’s operating margin of 31.2% ranks in the 99th percentile of the 80 medical device companies reporting it. Iradimed’s net margin of 26.8% ranks in the 96th percentile of the 81 medical device companies reporting it. Iradimed’s FCF margin of 20.5% ranks in the 92nd percentile of the 74 medical device companies reporting it.

No reported insider purchases (code P) in the last 90 days; 2 insider sales totaling $285,000. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 4 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+4 quant / multi-strat
Initiated / added
2
0 new, 2 added
Reduced / exited
6
2 trimmed, 4 exited
Combined position
$57.9M
reported long value
InvestorAs ofPosition valueSharesChange
Renaissance TechnologiesquantQ2 2026$37.7M394.4KReduced
Two Sigma InvestmentsquantQ2 2026$17.5M182.9KAdded
AQR Capital ManagementquantQ2 2026$1.6M17.0KAdded
Point72 Asset ManagementquantQ2 2026$1.1M11.9KReduced

No longer held by: Citadel Advisors (as of Q2 2026), D. E. Shaw (as of Q2 2026), Millennium Management (as of Q2 2026), Polen Capital Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
2
$285K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-06-04
Scharen-Guivel Hilda FrederiqueDirectorSell1.8K$95.00$168K
2026-06-04
Scharen-Guivel Hilda FrederiqueDirectorSell1.2K$95.00$117K
2026-06-01
filed 2026-06-02
Susi Roger E.CEO, President, ChairmanSell924$91.91$85K
2026-06-01
filed 2026-06-02
Susi Roger E.CEO, President, ChairmanSell775$89.79$70K
2026-06-01
filed 2026-06-02
Susi Roger E.CEO, President, ChairmanSell401$91.08$37K
2026-06-01
filed 2026-06-02
Susi Roger E.CEO, President, ChairmanSell400$88.68$35K
2026-05-27
filed 2026-05-28
Susi Roger E.CEO, President, ChairmanSell2.2K$91.85$199K
2026-05-27
filed 2026-05-28
Susi Roger E.CEO, President, ChairmanSell333$92.61$31K
2026-05-26
filed 2026-05-28
Susi Roger E.CEO, President, ChairmanSell3.1K$91.81$286K
2026-05-26
filed 2026-05-28
Susi Roger E.CEO, President, ChairmanSell1.9K$92.93$176K
2026-05-19
filed 2026-05-20
Susi Roger E.CEO, President, ChairmanSell1.8K$88.14$162K
2026-05-19
filed 2026-05-20
Susi Roger E.CEO, President, ChairmanSell653$87.13$57K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
727.7K
settled 2026-08-14
Change vs prior
+8.6%
vs previous settlement
Days to cover
4.83
at avg daily volume
Avg daily volume
150.7K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-14727.7K+8.6%4.83
2026-07-31670.2K-5.0%5.77
2026-07-15705.8K+2.9%5.02
2026-06-30686.0K+0.6%4.85
2026-06-15681.7K+4.4%4.42
2026-05-29653.0K-1.2%4.18
2026-05-15661.1K+20.9%5.53
2026-04-30547.0K+1.3%5.35

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$83.8M$73.2M$65.6M$53.3M$41.8M
Gross profit$64.3M$56.4M$50.2M$41.3M$32.0M
Operating income$26.1M$22.0M$20.0M$15.6M$9.8M
Net income$22.5M$19.2M$17.2M$12.8M$9.3M
Diluted EPS$1.75$1.50$1.35$1.02$0.74

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$51.2M$52.2M$49.8M$58.0M$62.0M
Current assets$81.2M$75.2M$76.0M$77.5M$76.2M
Total assets$108.8M$98.3M$92.2M$85.5M$82.9M
Current liabilities$10.2M$8.5M$16.3M$8.6M$6.8M
Long-term debt
Total liabilities$14.2M$11.5M$20.7M$11.8M$10.7M
Total equity$94.6M$86.8M$71.4M$73.7M$72.2M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$24.9M$25.6M$13.5M$10.0M$11.3M
Capital expenditure$7.8M$8.0M$7.4M$823,019$482,325
Free cash flow$17.2M$17.6M$6.0M$9.2M$10.8M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$20.5M0.3%$5.2M$0.41
Q1 FY2026$22.0M12.6%$5.8M$0.45
Q4 FY2025$22.7M17.0%$6.4M$0.50
Q3 FY2025$21.2M15.7%$5.6M$0.43
Q2 FY2025$20.4M13.8%$5.8M$0.45
Q1 FY2025$19.5M10.9%$4.7M$0.37
Q4 FY2024$19.4M11.1%$5.1M$0.40
Q3 FY2024$18.3M11.0%$5.0M$0.40

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorHealthcare
SIC industrySurgical & Medical Instruments & Apparatus
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2005
SEC CIK1325618

Selected SEC filings

10-K2026-03-06
View on EDGAR →
10-Q2026-07-31
View on EDGAR →
10-Q2026-05-01
View on EDGAR →
8-K/A2026-08-18
View on EDGAR →
8-K2026-07-31
View on EDGAR →
8-K2026-06-24
View on EDGAR →
8-K2026-05-01
View on EDGAR →

Largest medical device peers

All medical device stocksAll Healthcare companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.