iRhythm Holdings (IRTC) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.58
- Estimate
- $0.04
- Surprise
- +1258.0%
- Revenue (period 2026-06-30)
- $224.2M
- Score at report (before → after)
- 6.1 → 6.2/10
Revenue source: xbrl.
How the report landed
iRhythm Holdings (IRTC) beat the $0.04 estimate with diluted EPS of $0.58 — a large 1258.0% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.1/10) to Sell at 6.2/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates IRTC Sell at 5.7/10.
4 of the last 4 quarters beat the estimate; this quarter's +1258.0% surprise compares with a +448.1% four-quarter average. Next scheduled report: 2026-11-05.
What supports the rating
- Sector modifier (Healthcare): +0.5
- Strong earnings beat streak (4/4)
What argues against it
- Concentration risk — Product: iRhythm Services
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.8)
- Leverage penalty (D/E 3.9): -1.5
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $122.10
- Price target
- $153.24
- Stop
- $113.53
- Upside to target
- +25.5%
- Reward-to-risk
- 3.0:1
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
IRTC at TrendMatrix's latest read
Healthcare earnings trade on pipeline and payer dynamics as much as the quarter itself; a beat or miss is weighed against trial and reimbursement news.
- Industry
- Medical Devices
- Market cap
- $4.07B
- P/E (fwd)
- 101.7
- 52-week range
- $100.85–$212.00
- Off 52-week high
- 42.4%
- RSI (14)
- 57
- Volume vs avg
- 0.54×
- Score today
- 5.7/10