IRADIMED CORPORATION (IRMD) Stock Price & Analysis
IRADIMED CORPORATION (IRMD) closed at USD 83.93 on Wednesday, October 28, 2026, down 0.02% on the day. The US market is currently closed (after-hours); this is not a live price.
The prior close was USD 83.95; the Oct 28, 2026 session ranged USD 83.56–85.03 on volume of 161,626 shares. Market capitalization is $1.07B, with a 52-week range of USD 75.75–107.9 (NGM). Source: Nexqual, retrieved October 28, 2026 at 21:06 UTC.
Also available as compact Markdown for AI agents: nexqual.com/IRMD.md
Key facts (IRMD)
- Last four reported quarters (through Jun 30, 2026): revenue $86.3M, net income $23.1M (26.7% margin), free cash flow $25.1M (SEC filings).
- Valuation: P/E 46.6x (avg 42.4x at the last 3 fiscal year-ends).
- Insider open-market sales, last ~7 months: 10 Form 4 filings, $5.3M; 2 not under a Rule 10b5-1 plan ($408K); 1 by opportunistic insiders (1 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.33 on a 1–5 scale) (3 analysts), mean target USD 118 (range 116–120).
- Total return with dividends: 1Y +8.7% vs S&P 500 +13.6%; 5Y +147.6% vs S&P 500 +79.8%.
- Next earnings: 2026-10-30, EPS estimate USD 0.55, revenue estimate $23.4M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (IRMD)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $41.8M | $53.3M | $65.6M | $73.2M | $83.8M | $86.3M |
| Gross profit | $32.0M | $41.3M | $50.2M | $56.4M | $64.3M | — |
| Operating income | $9.8M | $15.6M | $20.0M | $22.0M | $26.1M | $27.6M |
| Net income | $9.3M | $12.8M | $17.2M | $19.2M | $22.5M | $23.1M |
| EPS (diluted) | $0.74 | $1.02 | $1.35 | $1.50 | $1.75 | — |
| Free cash flow | $10.8M | $9.2M | $6.0M | $17.6M | $17.2M | $25.1M |
| Gross margin | 76.6% | 77.4% | 76.5% | 76.9% | 76.7% | — |
| Operating margin | 23.5% | 29.3% | 30.6% | 30.0% | 31.2% | 31.9% |
| Net margin | 22.3% | 24.1% | 26.2% | 26.3% | 26.8% | 26.7% |
| Revenue growth | +31.8% | +27.5% | +23.0% | +11.7% | +14.4% | — |
| Cash + short-term investments | $62.5M | — | — | $52.2M | $51.2M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (IRMD)
P/E 46.6x · P/S 12.4x · P/FCF 42.7x · P/B 10.6x · FCF yield 2.34% · Earnings yield 2.15% · Dividend yield (paid, TTM) 1.48%
P/E at fiscal year-ends: Dec 2025 55.6x, Dec 2024 36.6x, Dec 2023 35.1x.
Insider sales (SEC Form 4, open-market, last ~7 months) (IRMD)
8 of 10 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-03 | Allen Monty K | Director | 1,419 | $123K | 6.8% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-04 | Scharen-Guivel Hilda Frederique | Director | 3,000 | $285K | 34.9% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-01 | Susi Roger E. | CEO, President, Chairman | 2,500 | $227K | 0.1% | Yes (adopted November 5, 2025) | Too little history (no open-market trades in 2024) |
| 2026-05-26…2026-05-27 | Susi Roger E. | CEO, President, Chairman | 7,500 | $691K | 0.3% | Yes (adopted November 5, 2025) | Too little history (no open-market trades in 2024) |
| 2026-05-18…2026-05-19 | Susi Roger E. | CEO, President, Chairman | 7,500 | $657K | 0.2% | Yes (adopted November 5, 2025) | Too little history (no open-market trades in 2024) |
| 2026-05-11…2026-05-12 | Susi Roger E. | CEO, President, Chairman | 7,500 | $631K | 0.2% | Yes (adopted November 5, 2025) | Too little history (no open-market trades in 2024) |
| 2026-05-04…2026-05-05 | Susi Roger E. | CEO, President, Chairman | 7,500 | $643K | 0.2% | Yes (adopted November 5, 2025) | Too little history (no open-market trades in 2024) |
| 2026-04-27…2026-04-28 | Susi Roger E. | CEO, President, Chairman | 7,500 | $658K | 0.2% | Yes (adopted November 5, 2025) | Too little history (no open-market trades in 2024) |
| 2026-04-20…2026-04-21 | Susi Roger E. | CEO, President, Chairman | 7,500 | $694K | 0.2% | Yes (adopted November 5, 2025) | Too little history (no open-market trades in 2024) |
| 2026-04-13…2026-04-14 | Susi Roger E. | CEO, President, Chairman | 7,500 | $697K | 0.2% | Yes (adopted November 5, 2025) | Too little history (no open-market trades in 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (IRMD)
Consensus Buy (mean 2.33 on a 1–5 scale), 3 analysts; mean target USD 118 (low 116, high 120).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-22 | Needham | Initiated | Hold |
Total return (dividends reinvested) (IRMD)
| 1Y (from 2025-10-29) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +8.7% | +147.6% |
| S&P 500 (SPY) | +13.6% | +79.8% |
| Per year | +8.7% | +19.8% |
| Volatility (annualized) | 29.6% | 36.8% |
| Max drawdown | -21.8% (Mar 2026→Sep 2026) | -45.7% (Mar 2022→Oct 2022) |
IRMD earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| May 1, 2026 | Quarter ended Mar 31, 2026 | $0.49 | $0.45 | Beat +8.9% | +1.8% |
| Feb 10, 2026 | Quarter ended Dec 31, 2025 | $0.54 | $0.48 | Beat +12.5% | +7.4% |
| Nov 3, 2025 | Quarter ended Sep 30, 2025 | $0.47 | $0.46 | Beat +2.2% | +12.9% |
| Aug 1, 2025 | — | — | — | — | +21.2% |
| May 5, 2025 | — | — | — | — | -4.6% |
| Feb 13, 2025 | — | — | — | — | -8.7% |
| Jan 10, 2025 | — | — | — | — | -2.9% |
| Oct 31, 2024 | — | — | — | — | -8.8% |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
IRMD recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Oct 27, 2026 | Schedule 13G/A | BlackRock, Inc.: 5.0% of shares, passive 5%+ holder (amended) |
| Aug 18, 2026 | 8-K/A | Quarterly results |
| Jul 31, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Jul 31, 2026 | 8-K | Other material event |
| Jul 28, 2026 | Schedule 13G | BlackRock, Inc.: 5.0% of shares, passive 5%+ holder |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
IRMD revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Total devices revenue | $13.8M | 67.7% | -5.2% |
| — MRI Compatible Patient Vital Signs Monitoring Systems (part of Total devices revenue) | $6.7M | 32.6% | +12.1% |
| — MRI Compatible IV Infusion Pumps (part of Total devices revenue) | $6.4M | 31.4% | -21.5% |
| — Ferro Magnetic Detection Systems (part of Total devices revenue) | $756,000 | 3.7% | +56.8% |
| Disposables | $4.8M | 23.4% | +14.0% |
| Services and other | $1.1M | 5.2% | +6.7% |
| Amortization of extended maintenance agreements | $758,000 | 3.7% | +28.0% |
| Total revenue | $20.5M | 100% | — |
IRMD revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $16.7M | 81.7% | -8.1% |
| International | $3.7M | 18.3% | +68.8% |
| Total revenue | $20.5M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
IRMD company outlook (results filed May 1, 2026)
- “We expect significant shipments to begin in the second quarter of 2026 as we transition our customers to the new platform, with the third quarter reflecting the full impact of 3870 shipments and revenue growth accelerating through the back half of the year.”
Quoted word-for-word from the SEC 8-K results press release.
IRMD analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.55 | $0.54 | +1.9% | $23.4M | 3 |
| Next quarter (ends Dec 2026) | $0.63 | $0.60 | +4.1% | $26.2M | 3 |
| Current fiscal year (ends Dec 2026) | $2.11 | $2.08 | +1.8% | $92.1M | 3 |
| Next fiscal year (ends Dec 2027) | $2.45 | $2.35 | +4.2% | $104.1M | 3 |
IRMD options: expected move
Options price a move of about ±8.5% (±$7.15) by Nov 20, 2026, which includes earnings on Oct 30, 2026. Over the last 8 reports the stock moved ±8.5% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 23 | 41.0% | ±8.5% |
| Dec 18, 2026 | 51 | 37.2% | ±11.3% |
| Jan 15, 2027 | 79 | 33.9% | ±12.7% |
| Apr 16, 2027 | 170 | 34.2% | ±18.6% |
30-day implied volatility 35.1% vs 21.5% realized over the last 30 trading days. Put/call ratio (volume) —. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 28, 2026 at 21:06 UTC)
| Price | USD 83.93 |
|---|---|
| Change | ▼ 0.02% (down) |
| Previous Close | USD 83.95 |
| Open | USD 83.81 |
| Day Range | USD 83.56 – 85.03 |
| 52-Week Range | USD 75.75 – 107.9 |
| Volume | 161,626 shares |
| Market Cap | $1.07B |
| Exchange | NGM |
Technical Analysis (IRMD)
Nexqual's technical model rates IRMD "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 28, 2026 at 21:06 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 41.02 (neutral) |
| vs SMA50 | Below (USD 85.89) |
| MACD | -0.28 (negative) |
Analyst Ratings (IRMD)
Wall Street analysts rate IRMD "Buy" based on 3 analysts, with a mean price target of USD 118 (range USD 116–120), per Nexqual as of October 28, 2026 at 21:06 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 3 |
| Mean Target | USD 118 |
| High Target | USD 120 |
| Low Target | USD 116 |
| Buy / Hold / Sell | 2 / 1 / 0 |
Earnings (IRMD)
| Next Earnings Date | 2026-10-30 |
|---|---|
| EPS Estimate | USD 0.55 |
| Revenue Estimate | $23.43M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.46 vs est 0.44 ▲ beat |
| 2026-03-31 | USD 0.49 vs est 0.45 ▲ beat |
| 2025-12-31 | USD 0.54 vs est 0.48 ▲ beat |
| 2025-09-30 | USD 0.47 vs est 0.46 ▲ beat |
Source: Nexqual, October 28, 2026 at 21:06 UTC.
Financials & Fundamentals (IRMD)
| Total Revenue | $86.34M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +0.30% |
| Gross Margin | +75.86% |
| Operating Margin | +31.23% |
| Profit Margin | +26.70% |
| ROE | +23.52% |
| Current Ratio | 9.46 |
| Total Cash | $59.08M |
| Total Debt | $0 |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $25.12M (29.1% of revenue) |
Source: Nexqual, October 28, 2026 at 21:06 UTC.
Financial Health Score (IRMD)
Nexqual rates IRADIMED CORPORATION's overall financial health "Solid" across five dimensions, as of October 28, 2026 at 21:06 UTC.
| Growth | Solid — Revenue +14% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 76%, operating 32% (last 4 quarters to Jun 2026, SEC) |
| Balance Sheet | Mixed — $59M cash, no debt |
| Cash Flow | Strong — FCF $25M (last 4 quarters to Jun 2026, SEC), 29% margin |
| Efficiency | Strong — ROE 23%, ROA 20.1% (last 4 quarters, SEC) |
Ownership (IRMD)
| Insider Ownership | +35.18% |
|---|---|
| Institutional Ownership | +62.51% |
| Shares Outstanding | 12.79M |
| Float | 8.33M |
| Short % of Float | +8.08% |
Source: Nexqual, October 28, 2026 at 21:06 UTC.
Leadership (IRMD)
IRADIMED CORPORATION is led by Roger E. Susi, Founder, Chairman, CEO & President, per Nexqual as of October 28, 2026 at 21:06 UTC.
| Founder, Chairman, CEO & President | Roger E. Susi |
|---|---|
| CFO & Corporate Secretary | John F. Glenn |
| Vice President of Worldwide Sales & Marketing | Randy Waddell |
| Executive Vice President of Continuous Improvement & Information Technology | Chris Williamson |
| Vice President of Research & Development | Lynn Neuhardt |
Major Backers & Investors (IRMD)
Notable institutional backers of IRADIMED CORPORATION include Kayne Anderson Rudnick Investment Management LLC, Renaissance Technologies, Copeland Capital Management, LLC, according to Nexqual as of October 28, 2026 at 21:06 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Kayne Anderson Rudnick Investment Management LLC | 3.1% |
| Renaissance Technologies | 3.08% |
| Copeland Capital Management, LLC | 2.99% |
| T. Rowe Price | 2.49% |
| Nine Ten Capital Management LLC | 2.01% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 7.57% |
| Vanguard Group | 2.85% |
| Geode Capital | 2.27% |
| Dimensional Fund Advisors | 1.79% |
| State Street | 1.73% |
Source: Nexqual, October 28, 2026 at 21:06 UTC.
From IRADIMED CORPORATION's Latest SEC 10-K Filing (filed 2026-03-06)
Key Strengths & Strategy (as disclosed to the SEC)
- The MRidium 3870 IV Infusion Pump System consists of the MRidium 3870 MRI Compatible IV Infusion Pump, a non-magnetic IV pole mounting system, a non-magnetic mobile IV pole stand, proprietary disposable IV tubing sets and other options including a Remote Display Unit.
- Our patented MRidium 3870 MRI Compatible IV Infusion Pump System, introduced in 2025, has been designed with a non-magnetic ultrasonic motor, uniquely designed non-ferrous parts, touch screen user interface, and other special features to safely and predictably deliver anesthesia and other critical care IV fluids during various MRI procedures.
- Our patented MRidium 3860+ IV Infusion Pump System has been designed with a non-magnetic ultrasonic motor, uniquely designed non-ferrous parts and other special features to safely and predictably deliver anesthesia and other IV fluids during various MRI procedures.
- The MRidium 3860+ IV Infusion Pump System consists of an MRidium MRI compatible IV infusion pump, non-magnetic mobile stand, proprietary disposable IV tubing sets and many of these systems contain additional optional upgrade accessories.
Partnerships
- To deal with the harsh environment of MR, some manufacturers have offered a "shielded box" solution (also known as a "Faraday cage") for use with their standard IV pumps, but the approach has not been widely accepted by customers.
- For example, the non-magnetic, ultrasonic motor which drives our MRI compatible IV infusion pump was sole sourced from a major multinational Japanese manufacturing company until December 2024 when the Company chose to enter into a technology transfer and license agreement with the supplier allowing the Company to manufacture its own non-magnetic, ultrasonic motors.
Legal & Regulatory Risks (Item 1A, quoted)
- The manufacture of our products requires strict adherence to regulatory requirements governing medical devices and if we or our suppliers encounter problems our business could suffer.
- We are subject to substantial government regulation and trade policies that are subject to change and could force us to make modifications to how we develop, manufacture, market, and price our products.
- We may incur product liability losses or become subject to other lawsuits related to our products, business, and insurance coverage could be inadequate or unavailable to cover these losses.
- We are subject to healthcare fraud and abuse regulations that could result in significant liability, require us to change our business practices and restrict our operations in the future.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| ATEC | Alphatec Holdings, Inc. | USD 11.45 | ▲ 5.34% |
| INSP | Inspire Medical Systems, Inc. | USD 70.97 | ▼ 0.46% |
| ESTA | Establishment Labs Holdings Inc | USD 68.97 | ▲ 3.02% |
| BFLY | Butterfly Network, Inc. | USD 7.81 | ▲ 5.83% |
| UFPT | UFP Technologies, Inc. | USD 286 | ▼ 3% |
| TMDX | TransMedics Group, Inc. | USD 66.9 | ▼ 4.06% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 28, 2026 at 21:06 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt