IRadimed Corporation (IRMD) Stock

IRadimed Corporation (IRMD) is a Healthcare stock trading at $86.75 (as of 2026-08-20), with a market capitalization of $1.11B and a trailing P/E of 49.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

IRADIMED CORPORATION develops, manufactures, markets, and distributes magnetic resonance imaging (MRI) compatible medical devices, and related accessories and services in the United States and internationally. It offers MRidium MRI compatible intravenous (IV) infusion pump system with associated disposable IV tubing sets; and MRI compatible patient vital signs monitoring system. The company also provides non-magnetic IV poles, wireless remote displays/controls, side car pump modules, dose error reduction systems, and SpO2 monitoring with sensors and accessories. It serves hospitals, acute care facilities, and outpatient imaging centers. The company sells its products through direct field sales representatives, regional sales directors, clinical support representatives, and independent distributors. IRADIMED CORPORATION was incorporated in 1992 and is headquartered in Winter Springs, Florida.

Understand IRadimed Corporation: how it makes money

IRadimed develops, manufactures, markets, and distributes MRI-compatible medical devices, including MRI-compatible infusion pumps and patient vital signs monitoring systems, and it also sells related accessories and services that generate revenue from device sales plus disposables and services.

The profit engine links hospital adoption of MRI-compatible device systems to follow-on revenue streams from disposables, services, and other related products.

Revenue by segment (latest quarter)
Devices$0.0B
Disposables,Svc&Other$0.0B

Business quality (Strong): High reported margins (gross margin 76.5%, operating margin 32.9%) are a strength, but the operating picture is limited here because the latest revenue is shown as 0.0B (with very small segment values provided), and the most concrete operating metric is a specific program unit shipment count.

Valuation: At 51× earnings, IRMD trades 59% above the Medical Equipment average (32×). Note: one-time items can distort reported P/E.

Bull case

  • Strong profitability indicators: For the period ended 2026-03-31, gross margin is 76.5% and operating margin is 32.9%.
  • Broad product offering inside MRI-compatible care: The company sells MRI-compatible intravenous infusion pump systems and MRI-compatible patient vital signs monitoring systems, plus related accessories and services.

Bear case

  • Small disclosed scale in this snapshot: Latest quarter revenue is shown as 0.0B, while provided segment candidate values are very small (on the order of hundredths of a billion).
  • Potential reliance on program execution: The most specific operating KPI provided is units shipped for an initial 3,870 unit program, so results may be sensitive to program timing and shipping pace.
  • International contribution appears limited in the data provided: International revenue is listed as 0.0B in the segment candidates.
Valuation — source: SEC EDGAR (first-party)
Price$86.75
Market Cap$1.11B
P/E Ratio49.5
EV / EBITDA36.0
Price / Book10.90
Price / Sales12.96
FCF Yield3.7%
DCF Value (model)$73.94
DCF Upside vs Price-14.8%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$83.81M
Net Margin26.8%
Revenue Growth (YoY)14.4%
EPS Growth (YoY)16.4%
FCF Growth (YoY)-2.5%
Financial Health — source: SEC EDGAR
Altman Z-Score50.17 (safe)
Valuation vs Sector & Industry
Stock P/E49.5
Sector P/E (Healthcare)21.6
Industry P/E (Medical Equipment)32.9
vs Sector129.0%
vs Industry50.4%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($93.16M)
Institutional Holders Tracked10
Company
SectorHealthcare
IndustryMedical Equipment
CEORoger E. Susi
Employees160
CountryUS
IPO Date2014-07-16

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IRMD earnings history · IRMD institutional & insider holders · IRMD KPIs & operating metrics · IRMD financials · IRMD investor presentations & press releases · IRMD SEC filings · IRMD peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.