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Side-by-side financial comparison of Danaos Corp (DAC) and iRhythm Holdings, Inc. (IRTC). Click either name above to swap in a different company.

Danaos Corp is the larger business by last-quarter revenue ($262.2M vs $208.9M, roughly 1.3× iRhythm Holdings, Inc.). Danaos Corp runs the higher net margin — 49.9% vs 2.7%, a 47.3% gap on every dollar of revenue. On growth, iRhythm Holdings, Inc. posted the faster year-over-year revenue change (27.1% vs 6.4%).

Danaos Corporation is a leading global containership ownership and management firm. It operates a large fleet of modern container vessels, providing long-term charter services to top international container liner operators across major global trade routes, supporting the efficiency and reliability of global supply chains.

iRhythm Holdings is a digital healthcare company focused on cardiac care, developing and commercializing wearable ambulatory heart monitoring devices paired with AI-powered analytical tools. It primarily serves healthcare providers and patients across the United States, helping to detect undiagnosed arrhythmias such as atrial fibrillation through convenient long-term heart rhythm tracking that delivers actionable clinical insights.

DAC vs IRTC — Head-to-Head

Bigger by revenue
DAC
DAC
1.3× larger
DAC
$262.2M
$208.9M
IRTC
Growing faster (revenue YoY)
IRTC
IRTC
+20.7% gap
IRTC
27.1%
6.4%
DAC
Higher net margin
DAC
DAC
47.3% more per $
DAC
49.9%
2.7%
IRTC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
DAC
DAC
IRTC
IRTC
Revenue
$262.2M
$208.9M
Net Profit
$130.9M
$5.6M
Gross Margin
70.9%
Operating Margin
47.9%
1.1%
Net Margin
49.9%
2.7%
Revenue YoY
6.4%
27.1%
Net Profit YoY
-7.3%
518.5%
EPS (diluted)
$7.12
$0.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DAC
DAC
IRTC
IRTC
Q4 25
$208.9M
Q3 25
$192.9M
Q2 25
$262.2M
$186.7M
Q1 25
$158.7M
Q4 24
$164.3M
Q3 24
$147.5M
Q2 24
$246.3M
$148.0M
Q1 24
$131.9M
Net Profit
DAC
DAC
IRTC
IRTC
Q4 25
$5.6M
Q3 25
$-5.2M
Q2 25
$130.9M
$-14.2M
Q1 25
$-30.7M
Q4 24
$-1.3M
Q3 24
$-46.2M
Q2 24
$141.2M
$-20.1M
Q1 24
$-45.7M
Gross Margin
DAC
DAC
IRTC
IRTC
Q4 25
70.9%
Q3 25
71.1%
Q2 25
71.2%
Q1 25
68.8%
Q4 24
70.0%
Q3 24
68.8%
Q2 24
69.9%
Q1 24
66.3%
Operating Margin
DAC
DAC
IRTC
IRTC
Q4 25
1.1%
Q3 25
-4.4%
Q2 25
47.9%
-10.0%
Q1 25
-20.5%
Q4 24
-2.5%
Q3 24
-34.1%
Q2 24
56.8%
-15.5%
Q1 24
-28.9%
Net Margin
DAC
DAC
IRTC
IRTC
Q4 25
2.7%
Q3 25
-2.7%
Q2 25
49.9%
-7.6%
Q1 25
-19.3%
Q4 24
-0.8%
Q3 24
-31.3%
Q2 24
57.3%
-13.6%
Q1 24
-34.6%
EPS (diluted)
DAC
DAC
IRTC
IRTC
Q4 25
$0.18
Q3 25
$-0.16
Q2 25
$7.12
$-0.44
Q1 25
$-0.97
Q4 24
$-0.03
Q3 24
$-1.48
Q2 24
$7.23
$-0.65
Q1 24
$-1.47

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DAC
DAC
IRTC
IRTC
Cash + ST InvestmentsLiquidity on hand
$654.1M
$583.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.6B
$152.7M
Total Assets
$4.5B
$1.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAC
DAC
IRTC
IRTC
Q4 25
$583.8M
Q3 25
$565.2M
Q2 25
$654.1M
$545.5M
Q1 25
$520.6M
Q4 24
$535.6M
Q3 24
$522.0M
Q2 24
$471.7M
$561.5M
Q1 24
$569.1M
Stockholders' Equity
DAC
DAC
IRTC
IRTC
Q4 25
$152.7M
Q3 25
$121.9M
Q2 25
$3.6B
$103.7M
Q1 25
$86.7M
Q4 24
$90.9M
Q3 24
$71.8M
Q2 24
$3.3B
$99.2M
Q1 24
$90.3M
Total Assets
DAC
DAC
IRTC
IRTC
Q4 25
$1.0B
Q3 25
$995.2M
Q2 25
$4.5B
$964.0M
Q1 25
$926.1M
Q4 24
$931.4M
Q3 24
$909.7M
Q2 24
$4.0B
$919.2M
Q1 24
$909.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DAC
DAC
IRTC
IRTC
Operating Cash FlowLast quarter
$26.2M
Free Cash FlowOCF − Capex
$14.5M
FCF MarginFCF / Revenue
6.9%
Capex IntensityCapex / Revenue
5.6%
Cash ConversionOCF / Net Profit
4.70×
TTM Free Cash FlowTrailing 4 quarters
$34.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAC
DAC
IRTC
IRTC
Q4 25
$26.2M
Q3 25
$34.9M
Q2 25
$27.7M
Q1 25
$-7.9M
Q4 24
$19.2M
Q3 24
$24.3M
Q2 24
$11.8M
Q1 24
$-52.0M
Free Cash Flow
DAC
DAC
IRTC
IRTC
Q4 25
$14.5M
Q3 25
$20.1M
Q2 25
$17.3M
Q1 25
$-17.3M
Q4 24
$12.4M
Q3 24
$15.5M
Q2 24
$3.4M
Q1 24
$-61.8M
FCF Margin
DAC
DAC
IRTC
IRTC
Q4 25
6.9%
Q3 25
10.4%
Q2 25
9.3%
Q1 25
-10.9%
Q4 24
7.5%
Q3 24
10.5%
Q2 24
2.3%
Q1 24
-46.8%
Capex Intensity
DAC
DAC
IRTC
IRTC
Q4 25
5.6%
Q3 25
7.7%
Q2 25
5.6%
Q1 25
5.9%
Q4 24
4.2%
Q3 24
6.0%
Q2 24
5.7%
Q1 24
7.4%
Cash Conversion
DAC
DAC
IRTC
IRTC
Q4 25
4.70×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DAC
DAC

Segment breakdown not available.

IRTC
IRTC

Commercial Payors$111.7M53%
Centers For Medicare And Medicaid$49.2M24%
Healthcare Institutions$34.3M16%
Non Contracted Third Party Payors$13.7M7%

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