13 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 21.5% per year over the past 5 years.
Net income has grown faster than revenue (75.0% vs 21.5% per year).
Operating margin has expanded, at 31.2% in the latest year.
Free cash flow has grown 26.2% per year over the past 5 years.
Shareholder returns
Dividends have been paid for 4 consecutive years, consuming 66.9% of earnings and 87.5% of free cash flow.
The dividend has grown 6.2% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$84M
$22M
76.7%
31.2%
23.8%
20.7%
$17M
—
$51M
2024
$73M
$19M
76.9%
30.0%
22.2%
19.6%
$18M
—
$52M
2023
$66M
$17M
76.5%
30.6%
24.1%
18.7%
$6M
—
$50M
2022
$53M
$13M
77.4%
29.3%
17.4%
15.0%
$9M
—
$58M
2021
$42M
$9M
76.6%
23.5%
12.9%
11.3%
$11M
—
$62M
2020
$32M
$1M
74.3%
-2.4%
2.2%
1.9%
$5M
—
$50M
2019
$39M
$10M
77.1%
22.5%
17.3%
14.4%
$10M
—
$43M
2018
$30M
$6M
76.3%
19.7%
15.0%
13.0%
$7M
—
$28M
2017
$23M
$499764
75.9%
5.6%
1.5%
1.3%
$3M
—
$18M
2016
$32M
$7M
81.1%
33.6%
22.6%
19.4%
$9M
—
$18M
2015
—
$8M
—
—
23.6%
21.4%
$7M
—
$19M
2014
—
$2M
—
—
9.8%
8.8%
—
—
$9M
2013
—
$2M
—
—
35.7%
27.7%
—
—
$2M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Sep '26
$24M
$7M
76.3%
33.6%
6.1%
5.4%
$7M
—
$63M
Jun '26
$20M
$5M
74.1%
31.2%
5.1%
4.5%
$6M
—
$59M
Mar '26
$22M
$6M
76.5%
32.9%
5.9%
5.1%
$8M
—
$56M
Dec '25
$23M
$6M
75.1%
31.3%
6.8%
5.9%
$6M
—
$51M
Sep '25
$21M
$6M
77.8%
32.2%
5.7%
4.9%
$6M
—
$57M
Jun '25
$20M
$6M
78.2%
33.3%
6.1%
5.4%
$5M
—
$53M
Mar '25
$20M
$5M
76.1%
27.8%
5.2%
4.6%
$595000
—
$50M
Dec '24
$19M
$5M
76.1%
29.9%
5.9%
5.2%
$3M
—
$52M
Sep '24
$18M
$5M
77.4%
31.6%
6.1%
5.4%
$5M
—
$52M
Jun '24
$18M
$5M
78.1%
31.4%
6.2%
5.4%
$6M
—
$49M
Mar '24
$18M
$4M
76.1%
27.0%
5.4%
4.7%
$4M
—
$45M
Dec '23
$17M
$5M
76.9%
29.6%
6.4%
4.9%
$3M
—
$50M
Sep '23
$17M
$5M
77.8%
35.8%
6.8%
5.8%
$1M
—
$47M
Jun '23
$16M
$4M
75.5%
30.8%
6.1%
5.1%
$3M
—
$46M
Mar '23
$15M
$3M
75.7%
25.9%
5.3%
4.5%
-$2M
—
$43M
Dec '22
$15M
$4M
75.5%
28.6%
5.0%
4.3%
$3M
—
$58M
Sep '22
$13M
$3M
78.6%
30.8%
4.9%
4.3%
$4M
—
$56M
Jun '22
$13M
$3M
79.7%
32.8%
4.9%
4.3%
$1M
—
$52M
Mar '22
$12M
$2M
76.2%
25.0%
4.0%
3.4%
$1M
—
$50M
Dec '21
$12M
$4M
77.9%
26.2%
5.4%
4.7%
$3M
—
$62M
Valuation over time
How the market has priced IRMD against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 39.2× (Mar '23) to 45.2× (Nov '26).
The price-to-sales ratio has risen from 9.4× (Mar '23) to 12.1× (Nov '26).
The dividend yield has fallen from 2.5% (Mar '23) to 1.5% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is IRMD growing its revenue and profit?
Over the past 5 years, Iradimed Corp's revenue has grown 21.5% per year, and net income grown 75.0% per year. These are computed facts, not advice.
How much debt does IRMD have?
As of FY2025, Iradimed Corp reported — of total debt against $51M of cash.
What is IRMD's profit margin?
In FY2025, gross margin was 76.7%, operating margin 31.2%, and net margin 26.8%.
What is IRMD's P/E ratio?
Iradimed Corp's P/E (TTM) is 42.34 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the IRMD stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 45.2× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.