IRADIMED CORP (IRMD)
IRADIMED CORPORATION specializes in the engineering, production, and distribution of medical devices specifically designed for compatibility with magnetic resonance imaging (MRI) environments. The company supplies these specialized products, alongside their related accessories and support services, to both U.S. and international markets. Key offerings include the MRidium MRI-compatible intravenous (IV) infusion pump system, which comes with disposable tubing sets, and an MRI-compatible patient vital signs monitoring system. Furthermore, IRADIMED provides a range of complementary items such as non-magnetic IV poles, wireless remote displays/controls, side car pump modules, dose error reduction systems, and SpO2 monitoring solutions with sensors. Their clientele primarily consists of hospitals, acute care facilities, and outpatient imaging centers. Sales are conducted via direct field representatives, regional sales directors, clinical support specialists, and independent distributors. Founded in 1992, IRADIMED CORPORATION is headquartered in Winter Springs, Florida.
Sector: Surgical & Medical Instruments & Apparatus
Industry: Medical - Devices
IRadimed Corporation
NASDAQ:IRMDHealthcare · Medical - Devices
PrePre-market+0.00%$86.31
Close$86.310.00%Now$86.31
Close$86.31+0.90%AH$86.31+0.00%vs close
Mkt Cap$1.1B
Float8.26M
O/S12.79M
PM VOL204 sh
$ Vol≈$18K
RVOL0.63×
Inst Own61.6%
Div Yield1.47%
Dilution
Financials Summary
Revenue$83.81M
Net Income$22.48M
Total Assets$108.78M
Free Cash Flow$17.18M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$94.62M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in IRMD's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$108.78M
Liabilities$14.16M
Accounts Receivable$13.67M
Accounts Payable$1.82M
Inventory$11.62M
PP&E (Net)$23.86M
Goodwill$0
Intangible Assets$3.38M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Revenue | $83.81M | $73.24M | $65.56M | $53.3M | $41.81M | $31.72M | $38.52M | $30.44M | $23.08M | $32.5M | $31.59M | $15.65M | $11.34M | $7.69M |
| YoY Growth | 14.4% | 11.7% | 23.0% | 27.5% | 31.8% | -17.7% | 26.5% | 31.9% | -29.0% | 2.9% | 101.8% | 38.0% | 47.6% | - |
| Cost of Revenue | $19.49M | $16.89M | $15.4M | $12.02M | $9.76M | $8.14M | $8.82M | $7.21M | $5.57M | $6.15M | $5.84M | $3.4M | $2.85M | $2.13M |
| Gross Profit | $64.32M | $56.35M | $50.16M | $41.28M | $32.05M | $23.57M | $29.7M | $23.23M | $17.51M | $26.34M | $25.75M | $12.25M | $8.49M | $5.56M |
| Gross Margin | 76.7% | 76.9% | 76.5% | 77.4% | 76.6% | 74.3% | 77.1% | 76.3% | 75.9% | 81.1% | 81.5% | 78.3% | 74.8% | 72.3% |
| Research and Development | $2.98M | $2.83M | $2.86M | $2.28M | $1.91M | $1.9M | $1.43M | $1.52M | $1.72M | $1.35M | $1.76M | $1.07M | $1.01M | $654K |
| Selling, General, and Administrative | $35.2M | $31.55M | $27.26M | $23.38M | $20.33M | $22.43M | $19.62M | $15.71M | $14.5M | $14.07M | $12.48M | $8.11M | $4.69M | $3.48M |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $111K | $33K | $121K | -$49K | -$3K | $7K |
| Total Operating Expenses | $38.18M | $34.39M | $30.12M | $25.65M | $22.23M | $24.33M | $21.05M | $17.22M | $16.23M | $15.42M | $14.24M | $9.18M | $5.7M | $4.13M |
| Operating Income (EBIT) | $26.15M | $21.96M | $20.04M | $15.63M | $9.82M | -$756K | $8.65M | $6M | $1.29M | $10.92M | $11.51M | $3.07M | $2.79M | $1.42M |
| Operating Margin | 31.2% | 30.0% | 30.6% | 29.3% | 23.5% | -2.4% | 22.5% | 19.7% | 5.6% | 33.6% | 36.4% | 19.6% | 24.6% | 18.5% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $2.19M | $1.86M | $582K | $35K | $132K | $389K | $238K | $123K | $126K | $149K | $6K | $0 | $0 |
| Other Income (Expense) | $2.21M | $2.31M | $1.7M | $553K | $19K | $139K | $396K | $194K | $111K | $33K | $121K | -$49K | -$3K | $7K |
| Income Before Tax (EBT) | $28.36M | $24.28M | $21.74M | $16.18M | $9.84M | -$617K | $9.04M | $6.2M | $1.4M | $10.95M | $11.63M | $3.02M | $2.78M | $1.43M |
| Income Tax Expense | $5.88M | $5.04M | $4.55M | $3.35M | $511K | -$1.99M | -$588K | -$106K | $897K | $3.74M | $4.1M | $967K | $847K | $466K |
| Net Income | $22.48M | $19.23M | $17.19M | $12.83M | $9.33M | $1.37M | $9.63M | $6.3M | $500K | $7.21M | $7.53M | $2.05M | $1.94M | $966K |
| Net Income Margin | 26.8% | 26.3% | 26.2% | 24.1% | 22.3% | 4.3% | 25.0% | 20.7% | 2.2% | 22.2% | 23.8% | 13.1% | 17.1% | 12.6% |
| Supplementary Data | ||||||||||||||
| EPS | 1.77 | 1.52 | 1.36 | 1.02 | 0.76 | 0.11 | 0.85 | 0.52 | 0.05 | 0.67 | 0.68 | 0.23 | 0.19 | 0.09 |
| Diluted EPS | 1.75 | 1.50 | 1.35 | 1.02 | 0.74 | 0.11 | 0.78 | 0.52 | 0.04 | 0.60 | 0.60 | 0.20 | 0.19 | 0.09 |
| Weighted Average OS | 12.72M | 12.67M | 12.60M | 12.56M | 12.35M | 12.12M | 11.28M | 12.11M | 10.64M | 10.82M | 11.00M | 8.74M | 10.42M | 10.42M |
| EBITDA | $29.53M | $25.09M | $22.5M | $16.85M | $11.24M | $583K | $9.89M | $7.3M | $2.71M | $11.17M | $11.51M | $3.21M | $2.93M | $1.53M |
| EBITDA Margin | 35.2% | 34.3% | 34.3% | 31.6% | 26.9% | 1.8% | 25.7% | 24.0% | 11.7% | 34.4% | 36.4% | 20.5% | 25.8% | 19.9% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $51.16M | $52.23M | $49.76M | $57.96M | $62M | $50.07M | $43.48M | $28.03M | $18.21M | $17.71M | $19.37M | $9.45M | $2.46M | $1.7M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $502K | $1.91M | $2.77M | $6.35M | $8.14M | $7.97M | $7.6M | $7.91M | $246K | $251K |
| Cash and Short-Term Investments | $51.16M | $52.23M | $49.76M | $57.96M | $62.5M | $51.98M | $46.25M | $34.38M | $26.34M | $25.68M | $26.97M | $17.37M | $2.71M | $1.95M |
| Accounts Receivable | $13.67M | $10.56M | $12.22M | $13.27M | $5.14M | $4.57M | $7.29M | $4.21M | $3.78M | $3.78M | $3.86M | $1.96M | $1.98M | $1.59M |
| Inventory | $11.62M | $10.4M | $12.82M | $5.37M | $4.3M | $3.93M | $3.64M | $4.06M | $4.21M | $3.89M | $2.38M | $2.13M | $1.34M | $1.39M |
| Other Current Assets | $4.76M | $2.05M | $1.19M | $631K | $1M | $772K | $408K | $527K | $649K | $675K | $459K | $393K | $184K | $77K |
| Total Current Assets | $81.2M | $75.24M | $76M | $77.49M | $76.24M | $63.74M | $58.96M | $44.54M | $35.11M | $34.17M | $33.95M | $22.17M | $6.38M | $5M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $23.86M | $16.97M | $11.33M | $4.61M | $4.55M | $4.84M | $5.01M | $1.87M | $1.87M | $1.46M | $906K | $795K | $327K | $266K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $3.38M | $3.1M | $2.52M | $2.07M | $1.12M | $961K | $860K | $833K | $886K | $919K | $176K | $251K | $267K | $276K |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $94K | $2.82M | $2.12M | $701K | $765K | $1.27M | $1.66M | $1.09M | $950K | $478K | $88K | $77K | $0 | $13K |
| Other Long-Term Assets | $239K | $199K | $181K | $649K | $201K | $262K | $232K | $110K | $200K | $174K | $124K | $20K | $8K | $3K |
| Total Long-Term Assets | $27.57M | $23.08M | $16.15M | $8.02M | $6.64M | $7.33M | $7.77M | $3.9M | $3.9M | $3.03M | $1.29M | $1.14M | $603K | $557K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $108.78M | $98.33M | $92.16M | $85.51M | $82.88M | $71.07M | $66.73M | $48.44M | $39.01M | $37.19M | $35.24M | $23.31M | $6.99M | $5.55M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $1.82M | $1.9M | $1.86M | $1.8M | $783K | $657K | $994K | $772K | $657K | $1.12M | $1.01M | $629K | $427K | $408K |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6K | $520K |
| Current Income Tax Payable | $0 | $163K | $353K | $122K | $140K | $104K | $597K | $133K | $122K | $311K | $31K | $66K | $144K | $408K |
| Current Unearned Revenue | $2.87M | $2.26M | $2.57M | $3.37M | $2.55M | $1.95M | $1.67M | $1.8M | $1.62M | $1.03M | $537K | $308K | $207K | $389K |
| Other Current Liabilities | $457K | $268K | $367K | $94K | $255K | $236K | $190K | $316K | $279K | $281K | $65K | $94K | $12K | $65K |
| Total Current Liabilities | $10.18M | $8.51M | $16.33M | $8.55M | $6.82M | $4.92M | $5.86M | $4.69M | $4.08M | $3.66M | $2.9M | $2.28M | $1.45M | $2.33M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $3.98M | $2.99M | $2.79M | $1.38M | $1.68M | $2.31M | $2.63M | $1.81M | $2M | $1.64M | $416K | $143K | $58K | $3K |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $374K | $0 | $54K | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$0 |
| Total Long-Term Liabilities | $3.98M | $2.99M | $4.41M | $3.29M | $3.88M | $4.76M | $5.35M | $1.81M | $2M | $1.64M | $416K | $143K | $112K | $3K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $14.16M | $11.51M | $20.74M | $11.84M | $10.71M | $9.68M | $11.2M | $6.5M | $6.08M | $5.31M | $3.31M | $2.42M | $1.56M | $2.33M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $140 | $140 |
| Common Stock | $1K | $1K | $1K | $1K | $1K | $1K | $1K | $1K | $1K | $1K | $1K | $1K | $700 | $700 |
| Retained Earnings | $64.23M | $56.79M | $43.26M | $47.26M | $46.99M | $37.67M | $36.3M | $26.67M | $20.36M | $19.87M | $12.66M | $5.13M | $3.07M | $1.14M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $17K | $37K | $30K | -$42K | -$49K | -$37K | -$55K | -$21K | $924 | $7K |
| Other Stockholders' Equity | $30.39M | $30.03M | $28.16M | $26.41M | $25.18M | $23.71M | $19.22M | $15.28M | $12.57M | $12.02M | $19.28M | $15.76M | $2.35M | $2.08M |
| Total Equity | $94.62M | $86.82M | $71.42M | $73.67M | $72.17M | $61.38M | $55.52M | $41.95M | $32.93M | $31.89M | $31.93M | $20.89M | $5.42M | $3.22M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $108.78M | $98.33M | $92.16M | $85.51M | $82.88M | $71.07M | $66.73M | $48.44M | $39.01M | $37.19M | $35.24M | $23.31M | $6.99M | $5.55M |
| Supplementary Data | ||||||||||||||
| Total Debt | $0 | $155K | $2.04M | $2.21M | $2.48M | $2.72M | $2.96M | $0 | $0 | $0 | $0 | $0 | $6K | $520K |
| Net Debt | -$51.16M | -$52.08M | -$47.72M | -$55.76M | -$59.52M | -$47.35M | -$40.53M | -$28.03M | -$18.21M | -$17.71M | -$19.37M | -$9.45M | -$2.46M | -$1.18M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Operating Activities | ||||||||||||||
| Net Income | $22.48M | $19.23M | $17.19M | $12.83M | $9.33M | $1.37M | $9.63M | $6.3M | $500K | $7.21M | $7.53M | $2.05M | $1.94M | $966K |
| Depreciation & Amortization | $1.17M | $818K | $765K | $671K | $1.41M | $1.34M | $1.24M | $1.11M | $1.31M | $248K | $224K | $149K | $139K | $106K |
| Deferred Income Tax | $0 | -$698K | -$1.17M | $57K | $524K | $390K | -$597K | -$144K | -$151K | -$570.91B | -$16K | -$167K | $0 | $0 |
| Stock-Based Compensation | $2.92M | $2.52M | $2.19M | $1.39M | $1.46M | $3.96M | $1.85M | $1.76M | $2.45M | $1.84M | $1.22M | $724K | $272K | $173K |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | -$3.03M | $1.76M | $842K | -$8.24M | -$576K | $2.69M | -$3.11M | -$447K | -$202K | $75K | -$1.91M | $22K | -$397K | -$1.15M |
| Inventory | -$1.38M | $3.13M | -$7.47M | -$1.31M | -$393K | -$283K | $124K | -$122K | -$334K | -$1.48M | -$308K | -$848K | $46K | -$117K |
| Accounts Payable | -$76K | -$862K | -$216K | $1.12M | $30K | -$404K | $149K | $34K | -$523K | $1K | $376K | $202K | $19K | $337K |
| Other Working Capital | $135K | -$278K | $932K | $3.37M | -$638K | -$3.18M | $874K | -$1.27M | -$62K | $1.92M | $2.13M | $224K | -$542K | $1.2M |
| Total Working Capital Change | -$4.34M | $3.75M | -$5.91M | -$5.06M | -$1.58M | -$1.17M | -$1.97M | -$1.81M | -$1.12M | $514K | $290K | -$400K | -$873K | $264K |
| Other Non-Cash Items | $2.73M | -$3K | $402K | $149K | $119K | -$70K | $69K | $156K | $425K | $570.91B | -$1.6M | $229K | -$652K | -$430 |
| Net Cash from Operating | $24.95M | $25.62M | $13.47M | $10.04M | $11.26M | $5.82M | $10.23M | $7.38M | $3.42M | $9.41M | $7.65M | $2.59M | $1.47M | $1.51M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | -$7.76M | -$8.01M | -$7.44M | -$823K | -$482K | -$637K | -$368K | -$265K | -$825K | -$1.52M | -$315K | -$606K | -$192K | -$162K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $36K | $49K | $743K | $0 | $22K | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.12M | -$2.69M | -$4.99M | $0 | -$7.95M | -$5K | -$5K |
| Sales of Investments | $0 | $0 | $0 | $500K | $1.39M | $884K | $3.69M | $2.9M | $2.5M | $4.58M | $253K | $255K | $0 | $0 |
| Other Investing Activities | -$656K | -$812K | -$567K | -$1.05M | -$259K | $0 | -$118K | -$36K | -$49K | -$743K | $237K | -$22K | -$34K | -$53K |
| Net Cash from Investing | -$8.42M | -$8.82M | -$8.01M | -$1.37M | $648K | $247K | $3.2M | $1.52M | -$1.02M | -$1.94M | -$61K | -$8.3M | -$197K | -$166K |
| Financing Activities | ||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | $6K | $513K | $239K |
| Common Stock Issuance | $0 | $30K | $0 | $0 | $0 | $1.73M | $0 | $1.24M | $0 | $0 | $598K | $14.49M | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$310K | -$1.82M | -$9.97M | $0 | $0 | $0 | $0 |
| Dividends Paid | -$15.04M | -$13.68M | -$13.22M | -$12.56M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$2.56M | -$688K | -$434K | -$147K | $24K | -$1.21M | $2.02M | $930K | -$82K | $851K | $2.33M | -$1.77M | -$513K | -$239K |
| Net Cash from Financing | -$17.6M | -$14.34M | -$13.66M | -$12.71M | $24K | $522K | $2.02M | $930K | -$1.9M | -$9.12M | $2.33M | $12.71M | -$513K | -$239K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$1.07M | $2.47M | -$8.2M | -$4.04M | $11.93M | $6.59M | $15.45M | $9.82M | $492K | -$1.65M | $9.91M | $6.99M | $764K | $1.1M |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $24.95M | $25.62M | $13.47M | $10.04M | $11.26M | $5.82M | $10.23M | $7.38M | $3.42M | $9.41M | $7.65M | $2.59M | $1.47M | $1.51M |
| Capital Expenditure | -$7.76M | -$8.01M | -$8.01M | -$1.87M | -$742K | -$637K | -$486K | -$265K | -$825K | -$1.52M | -$315K | -$606K | -$192K | -$162K |
| Free Cash Flow | $17.18M | $17.62M | $5.46M | $8.17M | $10.52M | $5.18M | $9.75M | $7.11M | $2.59M | $7.88M | $7.33M | $1.98M | $1.28M | $1.35M |
| Cash at Beginning | $52.23M | $49.76M | $57.96M | $62M | $50.07M | $43.48M | $28.03M | $18.21M | $17.71M | $19.37M | $9.45M | $2.46M | $1.7M | $593K |
| Cash at End | $51.16M | $52.23M | $49.76M | $57.96M | $62M | $50.07M | $43.48M | $28.03M | $18.21M | $17.71M | $19.37M | $9.45M | $2.46M | $1.7M |