IRADIMED CORP (IRMD)
Health Care · MRI-compatible medical devices · NASDAQ
IRadimed is the sole provider of non-magnetic MRI-compatible IV infusion pumps and vital signs monitoring systems, enabling safe drug delivery and patient monitoring during MRI procedures.
What IRADIMED CORP does
IRadimed develops, manufactures, and markets MRI-compatible medical devices, primarily non-magnetic intravenous infusion pump systems and patient vital signs monitoring equipment designed for safe use during MRI procedures. The company is the sole known provider of a non-magnetic IV infusion pump system capable of operating safely in magnetic fields up to 15,000 gauss. IRadimed sells primarily to hospitals and acute care facilities through a direct sales force in the U.S. and independent distributors in approximately 80 countries internationally.
Themes: ["MRI compatibility / patient safety","IV infusion delivery systems","Patient monitoring and vital signs","Medical device manufacturing","Hospital/critical care equipment"]
Fundamentals
- Price$98.04 as of 2026-07-09 close
- Market cap$1.2B as of 2026-07-10
- 1-year return+63.9% as of 2026-07-09 close
- P/E52.14 as of 2026-07-10
- Net margin+27.4% as of 2026-07-10
- Gross margin+76.8% as of 2026-07-10
- ROE+24.5% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)+14.8% as of 2026-07-10
- Revenue CAGR (3y)+16.3% SEC XBRL
- Beta0.92 as of 2026-07-10
Dividend: yield +0.8%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Dependence on FDA regulatory approvals and clearances; unexpected regulatory actions, product recalls, or requests to cease distribution could materially impact operations","Heavy reliance on a limited number of products; loss of market acceptance, recalls due to adverse events, or product withdrawal would significantly impact revenue","Supply chain vulnerabilities including potential interruptions in manufacturing capacity and inability to obtain key components or raw materials at increased costs"]
Competitors & peers
- Philips Healthcare
- GE Healthcare
- Siemens Healthineers
- Masimo Corporation
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.