SequelSEC

IRADIMED CORP IRMD

Surgical & Medical Instruments & Apparatus · CIK 0001325618 · Fiscal year ends 1231

Revenue
$83.81M
Fiscal year ended 2025-12-31
Operating income
$26.15M
Fiscal year ended 2025-12-31
Free cash flow
$17.18M
Fiscal year ended 2025-12-31

IRADIMED CORP (IRMD) reported revenue of $83.81M and net income of $22.48M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from IRADIMED CORP’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Surgical & Medical Instruments & Apparatus.

Income

IRADIMED CORP income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$83.81M$73.24M$65.56M$53.30M$41.81M$31.72M$38.52M$30.44M$23.08M$32.50M
Cost of revenue$19.49M$16.89M$15.40M$12.02M$9.76M$8.14M$8.82M$7.21M$5.57M$6.15M
Gross profit$64.32M$56.35M$50.16M$41.28M$32.05M$23.57M$29.70M$23.23M$17.51M$26.34M
Operating income$26.15M$21.96M$20.04M$15.63M$9.82M-$756.09K$8.65M$6.00M$1.29M$10.92M
Net income$22.48M$19.23M$17.19M$12.83M$9.33M$1.37M$9.63M$6.30M$499.76K$7.21M
Research & development$2.98M$2.83M$2.86M$2.28M$1.91M$1.90M$1.43M$1.52M$1.72M$1.35M
Weighted-average diluted sharesshares 12.85Mshares 12.78Mshares 12.72Mshares 12.64Mshares 12.59Mshares 12.44Mshares 12.28Mshares 12.11Mshares 11.72Mshares 11.99M
Pretax income$28.36M$24.28M$21.74M$16.18M$9.84M-$616.88K$9.04M$6.20M$1.40M$10.95M
Income tax expense$5.88M$5.04M$4.55M$3.35M$510.82K-$1.99M-$587.64K-$106.14K$896.62K$3.74M
Diluted EPS$1.75$1.50$1.35$1.02$0.74$0.11$0.78$0.52$0.04$0.60
Selling, general & administrative$35.20M$31.55M$27.26M$23.38M$20.33M$22.43M$19.62M$15.71M$14.50M$14.07M
General & administrative$17.78M$15.94M$15.12M$10.70M$9.77M$12.27M$10.45M$8.71M$9.00M$8.80M
Selling & marketing$17.42M$15.62M$12.14M$12.68M$10.56M$10.16M$9.17M$7.00M$5.50M$5.28M

Balance

IRADIMED CORP balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Cash & equivalents$51.16M$52.23M$49.76M$57.96M$62.00M$50.07M$43.48M$28.03M$18.21M$17.71M
Total assets$108.78M$98.33M$92.16M$85.51M$82.88M$71.07M$66.73M$48.44M$39.01M$37.19M
Current assets$81.20M$75.24M$76.00M$77.49M$76.24M$63.74M$58.96M$44.54M$35.11M$33.86M
Total liabilities$14.16M$11.51M$20.74M$11.84M$10.71M$9.68M$11.20M$6.50M$6.08M$5.31M
Current liabilities$10.18M$8.51M$16.33M$8.55M$6.82M$4.92M$5.86M$4.69M$4.08M$3.66M
Total equity incl. NCI$94.62M$86.82M$71.42M$73.67M$72.17M$61.38M$55.52M$41.95M$32.93M$31.89M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$11.62M$10.40M$12.82M$5.37M$4.30M$3.93M$3.64M$4.06M$4.21M$3.89M
Accounts receivable$13.67M$10.56M$12.22M$13.27M$5.14M$4.57M$7.29M$4.21M$3.78M$3.78M
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payable$1.82M$1.90M$1.86M$1.80M$782.90K$657.05K$993.74K$772.47K$656.72K$1.12M

Cash flow

IRADIMED CORP cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Operating cash flow$24.95M$25.62M$13.47M$10.04M$11.26M$5.82M$10.23M$7.38M$3.42M$9.41M
Capital expenditures$7.76M$8.00M$7.44M$823.02K$482.32K$443.00K$368.28K$228.32K$775.57K$780.81K
Investing cash flow-$8.42M-$8.82M-$8.01M-$1.37M$648.24K$246.97K$3.20M$1.52M-$1.02M-$1.94M
Financing cash flow-$17.60M-$14.34M-$13.66M-$12.71M$24.42K$522.48K$2.02M$929.87K-$1.90M-$9.12M
Net change in cash-$1.08M$2.47M-$8.20M-$4.04M$11.93M$6.59M$15.45M$9.82M$492.10K-$1.65M
Stock-based compensation$2.92M$2.52M$2.19M$1.39M$1.46M$3.96M$1.85M$1.76M$2.45M$1.84M
Common dividends paid$15.04M$13.68M$13.22M$12.56MUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$1.82M$9.97M
Depreciation & amortization$1.17M$818.00K$765.18K$670.67K$1.41M$1.34M$1.24M$1.11M$1.31M$955.81K

Derived

IRADIMED CORP derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Free cash flow$17.18M$17.62M$6.02M$9.22M$10.78M$5.37M$9.86M$7.15M$2.64M$8.63M
Gross margin76.7%76.9%76.5%77.4%76.6%74.3%77.1%76.3%75.9%81.1%
Operating margin31.2%30.0%30.6%29.3%23.5%-2.4%22.5%19.7%5.6%33.6%
FCF margin20.5%24.1%9.2%17.3%25.8%16.9%25.6%23.5%11.4%26.5%
SBC / revenue3.5%3.4%3.3%2.6%3.5%12.5%4.8%5.8%10.6%5.7%
Current ratio7.98x8.84x4.65x9.06x11.18x12.96x10.06x9.50x8.61x9.25x
Revenue YoY growth14.4%11.7%23.0%27.5%31.8%-17.7%26.5%31.9%-29.0%Unavailable
Net margin26.8%26.3%26.2%24.1%22.3%4.3%25.0%20.7%2.2%22.2%
R&D / revenue3.5%3.9%4.4%4.3%4.6%6.0%3.7%5.0%7.5%4.1%
CapEx / revenue9.3%10.9%11.3%1.5%1.2%1.4%1.0%0.8%3.4%2.4%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate20.7%20.8%20.9%20.7%5.2%Unavailable-6.5%-1.7%64.2%34.1%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open IRMD in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-07-31View SEC filing
10-Q · Filed 2026-05-01View SEC filing
10-K · Filed 2026-03-06View SEC filing
10-Q · Filed 2025-11-03View SEC filing
10-K/A · Filed 2025-09-03View SEC filing
10-Q · Filed 2025-08-01View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.