15 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 13.7% per year over the past 5 years.
Operating margin has been roughly flat, at 3.0% in the latest year.
Free cash flow has grown 5.8% per year over the past 5 years.
Financial health
Total debt ($1.1B) exceeds cash ($767M); net debt is $323M.
Total debt has grown in line with revenue (10.8% vs 13.7% per year).
Total debt is 5.1× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
2025
$2.0B
-$19M
0.0%
3.0%
—
$1.1B
$767M
2024
$1.8B
$3M
0.0%
5.7%
—
$1.0B
$740M
2023
$1.6B
$3M
0.0%
6.1%
—
$830M
$343M
2022
$1.4B
$11M
0.0%
3.2%
—
$852M
$128M
2021
$1.3B
$25M
0.0%
6.3%
—
$755M
$135M
2020
$1.1B
-$15M
0.0%
3.3%
—
$653M
$102M
2019
$1.2B
$15M
13.4%
6.1%
$30M
—
$40M
2018
$975M
$32M
11.0%
3.2%
$45M
—
$10M
2017
—
$53000
—
—
$81M
$576M
$51M
2016
—
$7M
—
—
$32M
$613M
$21M
2015
—
$8M
—
—
$24M
$608M
$446000
2014
—
$11M
—
—
—
$573M
$307000
2013
—
$12M
—
—
$64M
$576M
$288000
2012
—
$12M
—
—
$74M
$575M
$2M
2011
—
$8M
—
—
$55M
$556M
$2M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$576M
-$33M
0.0%
-4.2%
—
$1.1B
$455M
Dec '25
$548M
-$597000
0.0%
5.1%
—
$1.1B
$767M
Sep '25
$523M
$5M
0.0%
5.2%
—
$1.1B
$805M
Jun '25
$498M
$14M
0.0%
6.2%
—
$1.1B
$833M
Mar '25
$471M
-$38M
0.0%
-5.1%
—
$1.0B
$717M
Dec '24
$477M
$5M
0.0%
5.1%
—
$1.0B
$740M
Sep '24
$461M
$3M
0.0%
7.4%
—
$1.0B
$749M
Jun '24
$460M
-$3M
0.0%
7.6%
—
$1.0B
$742M
Mar '24
$432M
-$3M
0.0%
2.6%
—
$835M
$527M
Dec '23
$420M
-$2M
0.0%
5.8%
—
$830M
$343M
Sep '23
$402M
$18M
0.0%
10.8%
—
$860M
$338M
Jun '23
$404M
$8M
0.0%
6.1%
—
$864M
$357M
Mar '23
$391M
-$21M
0.0%
1.7%
—
$868M
$91M
Dec '22
$384M
-$935000
0.0%
5.6%
—
$852M
$128M
Sep '22
$350M
$668000
0.0%
2.0%
—
$746M
$95M
Jun '22
$354M
$8M
0.0%
5.5%
—
$749M
$99M
Mar '22
$342M
$3M
0.0%
-0.5%
—
$752M
$71M
Dec '21
$333M
-$4M
0.0%
1.4%
—
$755M
$135M
Sep '21
$333M
$16M
0.0%
9.8%
—
$757M
$151M
Jun '21
$334M
$3M
0.0%
8.3%
—
—
$141M
Valuation over time
How the market has priced RDNT 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 184.7× (Mar '23) to 2332.8× (Nov '25).
The price-to-sales ratio has risen from 1.4× (Mar '23) to 2.3× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is RDNT growing its revenue and profit?
Over the past 5 years, Radnet, Inc.'s revenue has grown 13.7% per year. These are computed facts, not advice.
How much debt does RDNT have?
As of FY2025, Radnet, Inc. reported $1.1B of total debt against $767M of cash.
What is RDNT's profit margin?
In FY2025, gross margin was —, operating margin 3.0%, and net margin -0.9%.
What is RDNT's P/E ratio?
As of Jun '26, Radnet, Inc. traded at a price-to-earnings ratio of about 2332.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. 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), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.