IRADIMED CORPORATION (IRMD) Q3 2025 Earnings Call Transcript
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 03 2025
0mins
Should l Buy IRMD?
Source: SeekingAlpha
Revenue $21.2 million in Q3 2025, a 16% increase from $18.3 million in Q3 2024. Growth driven by strong performance across product lines, particularly MRI compatible IV infusion pump systems and patient vital signs monitoring systems.
Gross Profit $16.4 million in Q3 2025, up 16% from $14.1 million in Q3 2024. Gross margin was 78%, compared to 77% in Q3 2024. Improvement attributed to strong margin performance despite moving manufacturing operations to a new facility.
Operating Expenses $9.7 million in Q3 2025, up 15% from $8.4 million in Q3 2024. Increase driven by higher sales and marketing expenses, modest increases in general and administrative costs, and research and development expenses.
Income from Operations $6.8 million in Q3 2025, a 17% increase from $5.8 million in Q3 2024. Growth attributed to higher revenue and controlled cost of goods sold.
Net Income $5.6 million or $0.43 per diluted share in Q3 2025, a 12% increase from $5 million or $0.40 per diluted share in Q3 2024. Non-GAAP net income was $6.1 million or $0.47 per diluted share, up 9% from $0.43.
Cash and Cash Equivalents $56.5 million at the end of Q3 2025, up from $52.2 million at year-end 2024. Increase driven by strong cash flow from operations.
Cash Flow from Operations $7 million for Q3 2025 and $19 million year-to-date. Free cash flow was $5.7 million for the quarter and $11 million year-to-date, reflecting capital expenditures of $8 million year-to-date.
MRI Compatible IV Infusion Pump Systems Revenue $8.3 million in Q3 2025, up 20% year-over-year. Growth driven by increased shipments and replacement orders for older pumps.
Patient Vital Signs Monitoring Systems Revenue $6.9 million in Q3 2025, up 16% year-over-year. Growth attributed to successful emphasis on monitoring sales.
Disposable Revenue $4.1 million in Q3 2025, a 12% increase year-over-year. Growth reflects increased utilization of devices.
Domestic Sales $18.1 million in Q3 2025, a 19% increase year-over-year. Domestic revenue accounted for 85% of total revenue, up from 83% in Q3 2024.
International Sales $3.1 million in Q3 2025, consistent with Q3 2024.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy IRMD?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on IRMD
Wall Street analysts forecast IRMD stock price to fall
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 99.840
Low
98.00
Averages
99.00
High
100.00
Current: 99.840
Low
98.00
Averages
99.00
High
100.00
About IRMD
IRadimed Corporation develops, manufactures, markets and distributes magnetic resonance imaging (MRI) compatible medical devices and accessories and services. Its MRidium 3860+ MRI Compatible IV infusion pump system provides a non-magnetic Intravenous (IV) infusion pump system that is specifically designed for safe use during MRI procedures. Its MRidium MRI compatible IV infusion pump system has been designed with a non-magnetic ultrasonic motor with non-ferrous parts and other special features to deliver anesthesia safely and predictably and other IV medications or fluids during various MRI procedures. Its IRadimed 3880 MRI Compatible patient vital signs monitoring system has been designed with non-magnetic components and other features to monitor a patient’s vital signs safely and accurately during various MRI procedures. The Company sells its products primarily to hospitals and acute care facilities. The IRADIMED 3880 system operates dependably in magnetic fields up to 30,000 gauss.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Iradimed Reports Record Revenue for 18th Consecutive Quarter
- Sustained Revenue Growth: In Q4 2025, Iradimed achieved $22.7 million in revenue, a 17% increase from Q4 2024, marking the company's 18th consecutive quarter of record revenue, demonstrating its robust performance in the medical device market.
- Significant Net Income Rise: The company's non-GAAP net income reached $7 million, up 23% year-over-year, with earnings per share at $0.54, exceeding analyst expectations of $0.48, further solidifying investor confidence.
- Sales Driven by New Product: The launch of the 3870 intravenous infusion pump during the quarter boosted sales, indicating the company's innovative capabilities and effective response to market demand in MRI-compatible equipment.
- Dividend Increase: The company announced an increase in its quarterly dividend from $0.17 to $0.20 per share, effective March 6, reflecting financial health and confidence in future growth while enhancing shareholder returns.
See More
Iradimed Reports Record Revenue for 18th Consecutive Quarter
- Record Revenue: Iradimed achieved $22.7 million in revenue for Q4 2025, marking a 17% increase over Q4 2024, and setting a new all-time high for the 18th consecutive quarter, indicating robust growth in the medical device sector.
- Profit Exceeds Expectations: The company reported a non-GAAP net income of $7 million, translating to $0.54 per share, which surpassed the consensus analyst estimate of $0.48 by 12.5%, reflecting ongoing improvements in profitability.
- New Product Impact: The launch of the 3870 intravenous infusion pump during the quarter has strengthened Iradimed's competitive position in the MRI-compatible equipment market, which is expected to drive future sales growth.
- Dividend Increase: The company announced an increase in its quarterly dividend from $0.17 to $0.20 per share, effective March 6, demonstrating confidence in future cash flows and commitment to shareholder returns.
See More
IRadimed Corporation Reports Record Q4 2025 Earnings and Strong Growth Outlook
- Record Revenue Growth: IRadimed achieved $22.7 million in revenue for Q4 2025, a 17% year-over-year increase, marking the company's 18th consecutive quarter of record revenue, which exceeded prior guidance and reflects strong market demand and execution.
- Improved Profitability: The company reported GAAP diluted EPS of $0.50 and non-GAAP diluted EPS of $0.54 for the fourth quarter, both showing year-over-year growth, indicating significant progress in cost control and gross margin enhancement, with a margin of 75%.
- Strong Product Line Performance: The MRI-compatible IV infusion pump systems contributed $9.1 million in revenue for Q4, up 20% year-over-year, while patient vital signs monitoring systems and disposables also saw increases of 7.5% and 18%, respectively, demonstrating the success of a diversified product portfolio.
- Optimistic Future Outlook: Management projects a revenue run rate exceeding $100 million in 2026, primarily driven by demand for the 3870 pump systems and growth in international sales, emphasizing confidence in new product launches and market expansion.
See More
Datadog Beats Earnings Estimates, Shares Surge 16.3%
- Strong Earnings Report: Datadog reported a quarterly earnings per share of $0.59, surpassing the analyst consensus estimate of $0.56, indicating a sustained enhancement in the company's profitability and reinforcing its leadership position in the cloud monitoring market.
- Sales Exceed Expectations: The company achieved quarterly sales of $953.194 million, exceeding the analyst consensus estimate of $916.577 million, demonstrating Datadog's robust performance in customer demand and market share, which may attract more investor interest.
- Significant Stock Surge: Following the positive earnings report, Datadog's shares jumped 16.3% to $132.59 on Tuesday, reflecting market optimism regarding the company's future growth potential, which could further bolster investor confidence.
- Overall Market Performance: U.S. stocks were generally higher, with the Dow Jones gaining around 200 points on Tuesday, indicating a positive sentiment towards tech stocks, potentially providing a more favorable investment environment for companies like Datadog.
See More
iRadimed Reports Q4 2025 Earnings Beat with Dividend Declaration
- Earnings Beat: iRadimed reported a Q4 2025 non-GAAP EPS of $0.54, exceeding expectations by $0.06, indicating sustained profitability and robust performance in the medical device sector.
- Significant Revenue Growth: The quarter's revenue reached $22.69 million, a 17% year-over-year increase, surpassing market expectations by $1.09 million, reflecting strong sales and market expansion efforts that bolster future growth confidence.
- Slight Cash Flow Decline: For the three months ended December 31, 2025, cash flow from operations was $5.9 million, down 2% from $6.0 million in the same period of 2024, demonstrating effective cash management despite the decrease.
- Future Financial Guidance: The company expects Q1 2026 revenue between $21.0 million and $22.0 million, with full-year revenue projected at $91.0 million to $96.0 million, both above consensus, indicating a positive outlook for future performance.
See More
iRadimed Announces 17.6% Increase in Quarterly Dividend
- Dividend Increase: iRadimed has declared a quarterly dividend increase from $0.17 to $0.20 per share, representing a 17.6% rise, which indicates ongoing improvements in the company's profitability and cash flow management, thereby boosting investor confidence.
- Yield Metrics: The forward yield of this dividend stands at 0.83%, reflecting the company's ability to provide stable returns in the current market environment, potentially attracting more income-seeking investors.
- Payment Details: The dividend will be payable on March 6, with a record date of February 23 and an ex-dividend date also set for February 23, ensuring shareholders receive their earnings promptly and reinforcing the relationship between the company and its investors.
- Investor Appeal: The dividend growth, combined with iRadimed's historical earnings data and quant ratings, may enhance its attractiveness among investors, particularly in a market environment where stable returns are sought after.
See More
Iradimed Reports Record Revenue for 18th Consecutive Quarter
- Sustained Revenue Growth: In Q4 2025, Iradimed achieved $22.7 million in revenue, a 17% increase from Q4 2024, marking the company's 18th consecutive quarter of record revenue, demonstrating its robust performance in the medical device market.
- Significant Net Income Rise: The company's non-GAAP net income reached $7 million, up 23% year-over-year, with earnings per share at $0.54, exceeding analyst expectations of $0.48, further solidifying investor confidence.
- Sales Driven by New Product: The launch of the 3870 intravenous infusion pump during the quarter boosted sales, indicating the company's innovative capabilities and effective response to market demand in MRI-compatible equipment.
- Dividend Increase: The company announced an increase in its quarterly dividend from $0.17 to $0.20 per share, effective March 6, reflecting financial health and confidence in future growth while enhancing shareholder returns.
See More
Iradimed Reports Record Revenue for 18th Consecutive Quarter
- Record Revenue: Iradimed achieved $22.7 million in revenue for Q4 2025, marking a 17% increase over Q4 2024, and setting a new all-time high for the 18th consecutive quarter, indicating robust growth in the medical device sector.
- Profit Exceeds Expectations: The company reported a non-GAAP net income of $7 million, translating to $0.54 per share, which surpassed the consensus analyst estimate of $0.48 by 12.5%, reflecting ongoing improvements in profitability.
- New Product Impact: The launch of the 3870 intravenous infusion pump during the quarter has strengthened Iradimed's competitive position in the MRI-compatible equipment market, which is expected to drive future sales growth.
- Dividend Increase: The company announced an increase in its quarterly dividend from $0.17 to $0.20 per share, effective March 6, demonstrating confidence in future cash flows and commitment to shareholder returns.
See More
IRadimed Corporation Reports Record Q4 2025 Earnings and Strong Growth Outlook
- Record Revenue Growth: IRadimed achieved $22.7 million in revenue for Q4 2025, a 17% year-over-year increase, marking the company's 18th consecutive quarter of record revenue, which exceeded prior guidance and reflects strong market demand and execution.
- Improved Profitability: The company reported GAAP diluted EPS of $0.50 and non-GAAP diluted EPS of $0.54 for the fourth quarter, both showing year-over-year growth, indicating significant progress in cost control and gross margin enhancement, with a margin of 75%.
- Strong Product Line Performance: The MRI-compatible IV infusion pump systems contributed $9.1 million in revenue for Q4, up 20% year-over-year, while patient vital signs monitoring systems and disposables also saw increases of 7.5% and 18%, respectively, demonstrating the success of a diversified product portfolio.
- Optimistic Future Outlook: Management projects a revenue run rate exceeding $100 million in 2026, primarily driven by demand for the 3870 pump systems and growth in international sales, emphasizing confidence in new product launches and market expansion.
See More
Datadog Beats Earnings Estimates, Shares Surge 16.3%
- Strong Earnings Report: Datadog reported a quarterly earnings per share of $0.59, surpassing the analyst consensus estimate of $0.56, indicating a sustained enhancement in the company's profitability and reinforcing its leadership position in the cloud monitoring market.
- Sales Exceed Expectations: The company achieved quarterly sales of $953.194 million, exceeding the analyst consensus estimate of $916.577 million, demonstrating Datadog's robust performance in customer demand and market share, which may attract more investor interest.
- Significant Stock Surge: Following the positive earnings report, Datadog's shares jumped 16.3% to $132.59 on Tuesday, reflecting market optimism regarding the company's future growth potential, which could further bolster investor confidence.
- Overall Market Performance: U.S. stocks were generally higher, with the Dow Jones gaining around 200 points on Tuesday, indicating a positive sentiment towards tech stocks, potentially providing a more favorable investment environment for companies like Datadog.
See More
iRadimed Reports Q4 2025 Earnings Beat with Dividend Declaration
- Earnings Beat: iRadimed reported a Q4 2025 non-GAAP EPS of $0.54, exceeding expectations by $0.06, indicating sustained profitability and robust performance in the medical device sector.
- Significant Revenue Growth: The quarter's revenue reached $22.69 million, a 17% year-over-year increase, surpassing market expectations by $1.09 million, reflecting strong sales and market expansion efforts that bolster future growth confidence.
- Slight Cash Flow Decline: For the three months ended December 31, 2025, cash flow from operations was $5.9 million, down 2% from $6.0 million in the same period of 2024, demonstrating effective cash management despite the decrease.
- Future Financial Guidance: The company expects Q1 2026 revenue between $21.0 million and $22.0 million, with full-year revenue projected at $91.0 million to $96.0 million, both above consensus, indicating a positive outlook for future performance.
See More
iRadimed Announces 17.6% Increase in Quarterly Dividend
- Dividend Increase: iRadimed has declared a quarterly dividend increase from $0.17 to $0.20 per share, representing a 17.6% rise, which indicates ongoing improvements in the company's profitability and cash flow management, thereby boosting investor confidence.
- Yield Metrics: The forward yield of this dividend stands at 0.83%, reflecting the company's ability to provide stable returns in the current market environment, potentially attracting more income-seeking investors.
- Payment Details: The dividend will be payable on March 6, with a record date of February 23 and an ex-dividend date also set for February 23, ensuring shareholders receive their earnings promptly and reinforcing the relationship between the company and its investors.
- Investor Appeal: The dividend growth, combined with iRadimed's historical earnings data and quant ratings, may enhance its attractiveness among investors, particularly in a market environment where stable returns are sought after.
See More
