vs
Side-by-side financial comparison of iRhythm Holdings, Inc. (IRTC) and Grand Canyon Education, Inc. (LOPE). Click either name above to swap in a different company.
Grand Canyon Education, Inc. is the larger business by last-quarter revenue ($308.1M vs $208.9M, roughly 1.5× iRhythm Holdings, Inc.). Grand Canyon Education, Inc. runs the higher net margin — 28.1% vs 2.7%, a 25.5% gap on every dollar of revenue. On growth, iRhythm Holdings, Inc. posted the faster year-over-year revenue change (27.1% vs 5.3%). Grand Canyon Education, Inc. produced more free cash flow last quarter ($122.9M vs $14.5M). Over the past eight quarters, iRhythm Holdings, Inc.'s revenue compounded faster (25.8% CAGR vs 5.9%).
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.
Grand Canyon Education, Inc. (GCE) is an American for-profit corporation that provides services to universities, specializing in program development, online education, and operational support. Formerly affiliated with Grand Canyon University (GCU), a Christian university in Arizona, GCE became a separate publicly traded company in 2008.
IRTC vs LOPE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $208.9M | $308.1M |
| Net Profit | $5.6M | $86.7M |
| Gross Margin | 70.9% | — |
| Operating Margin | 1.1% | 35.1% |
| Net Margin | 2.7% | 28.1% |
| Revenue YoY | 27.1% | 5.3% |
| Net Profit YoY | 518.5% | 5.9% |
| EPS (diluted) | $0.18 | $3.13 |
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.
| Q4 25 | $208.9M | $308.1M | ||
| Q3 25 | $192.9M | $261.1M | ||
| Q2 25 | $186.7M | $247.5M | ||
| Q1 25 | $158.7M | $289.3M | ||
| Q4 24 | $164.3M | $292.6M | ||
| Q3 24 | $147.5M | $238.3M | ||
| Q2 24 | $148.0M | $227.5M | ||
| Q1 24 | $131.9M | $274.7M |
| Q4 25 | $5.6M | $86.7M | ||
| Q3 25 | $-5.2M | $16.3M | ||
| Q2 25 | $-14.2M | $41.5M | ||
| Q1 25 | $-30.7M | $71.6M | ||
| Q4 24 | $-1.3M | $81.9M | ||
| Q3 24 | $-46.2M | $41.5M | ||
| Q2 24 | $-20.1M | $34.9M | ||
| Q1 24 | $-45.7M | $68.0M |
| 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% | — |
| Q4 25 | 1.1% | 35.1% | ||
| Q3 25 | -4.4% | 6.9% | ||
| Q2 25 | -10.0% | 20.9% | ||
| Q1 25 | -20.5% | 30.4% | ||
| Q4 24 | -2.5% | 34.2% | ||
| Q3 24 | -34.1% | 20.2% | ||
| Q2 24 | -15.5% | 18.8% | ||
| Q1 24 | -28.9% | 30.8% |
| Q4 25 | 2.7% | 28.1% | ||
| Q3 25 | -2.7% | 6.2% | ||
| Q2 25 | -7.6% | 16.8% | ||
| Q1 25 | -19.3% | 24.8% | ||
| Q4 24 | -0.8% | 28.0% | ||
| Q3 24 | -31.3% | 17.4% | ||
| Q2 24 | -13.6% | 15.3% | ||
| Q1 24 | -34.6% | 24.8% |
| Q4 25 | $0.18 | $3.13 | ||
| Q3 25 | $-0.16 | $0.58 | ||
| Q2 25 | $-0.44 | $1.48 | ||
| Q1 25 | $-0.97 | $2.52 | ||
| Q4 24 | $-0.03 | $2.83 | ||
| Q3 24 | $-1.48 | $1.42 | ||
| Q2 24 | $-0.65 | $1.19 | ||
| Q1 24 | $-1.47 | $2.29 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $583.8M | $111.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $152.7M | $746.9M |
| Total Assets | $1.0B | $992.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $583.8M | $111.8M | ||
| Q3 25 | $565.2M | $97.3M | ||
| Q2 25 | $545.5M | $192.3M | ||
| Q1 25 | $520.6M | $144.5M | ||
| Q4 24 | $535.6M | $324.6M | ||
| Q3 24 | $522.0M | $263.6M | ||
| Q2 24 | $561.5M | $241.3M | ||
| Q1 24 | $569.1M | $196.2M |
| Q4 25 | $152.7M | $746.9M | ||
| Q3 25 | $121.9M | $758.0M | ||
| Q2 25 | $103.7M | $778.0M | ||
| Q1 25 | $86.7M | $780.7M | ||
| Q4 24 | $90.9M | $783.9M | ||
| Q3 24 | $71.8M | $764.1M | ||
| Q2 24 | $99.2M | $759.2M | ||
| Q1 24 | $90.3M | $759.4M |
| Q4 25 | $1.0B | $992.3M | ||
| Q3 25 | $995.2M | $1.0B | ||
| Q2 25 | $964.0M | $1.0B | ||
| Q1 25 | $926.1M | $1.0B | ||
| Q4 24 | $931.4M | $1.0B | ||
| Q3 24 | $909.7M | $992.9M | ||
| Q2 24 | $919.2M | $992.7M | ||
| Q1 24 | $909.8M | $1.0B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $26.2M | $130.5M |
| Free Cash FlowOCF − Capex | $14.5M | $122.9M |
| FCF MarginFCF / Revenue | 6.9% | 39.9% |
| Capex IntensityCapex / Revenue | 5.6% | 2.5% |
| Cash ConversionOCF / Net Profit | 4.70× | 1.50× |
| TTM Free Cash FlowTrailing 4 quarters | $34.5M | $238.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.2M | $130.5M | ||
| Q3 25 | $34.9M | $-48.6M | ||
| Q2 25 | $27.7M | $124.0M | ||
| Q1 25 | $-7.9M | $67.6M | ||
| Q4 24 | $19.2M | $135.8M | ||
| Q3 24 | $24.3M | $-29.4M | ||
| Q2 24 | $11.8M | $98.6M | ||
| Q1 24 | $-52.0M | $85.0M |
| Q4 25 | $14.5M | $122.9M | ||
| Q3 25 | $20.1M | $-58.3M | ||
| Q2 25 | $17.3M | $115.4M | ||
| Q1 25 | $-17.3M | $58.7M | ||
| Q4 24 | $12.4M | $126.1M | ||
| Q3 24 | $15.5M | $-39.0M | ||
| Q2 24 | $3.4M | $89.6M | ||
| Q1 24 | $-61.8M | $76.0M |
| Q4 25 | 6.9% | 39.9% | ||
| Q3 25 | 10.4% | -22.3% | ||
| Q2 25 | 9.3% | 46.6% | ||
| Q1 25 | -10.9% | 20.3% | ||
| Q4 24 | 7.5% | 43.1% | ||
| Q3 24 | 10.5% | -16.3% | ||
| Q2 24 | 2.3% | 39.4% | ||
| Q1 24 | -46.8% | 27.7% |
| Q4 25 | 5.6% | 2.5% | ||
| Q3 25 | 7.7% | 3.7% | ||
| Q2 25 | 5.6% | 3.5% | ||
| Q1 25 | 5.9% | 3.1% | ||
| Q4 24 | 4.2% | 3.3% | ||
| Q3 24 | 6.0% | 4.0% | ||
| Q2 24 | 5.7% | 3.9% | ||
| Q1 24 | 7.4% | 3.3% |
| Q4 25 | 4.70× | 1.50× | ||
| Q3 25 | — | -2.99× | ||
| Q2 25 | — | 2.98× | ||
| Q1 25 | — | 0.94× | ||
| Q4 24 | — | 1.66× | ||
| Q3 24 | — | -0.71× | ||
| Q2 24 | — | 2.83× | ||
| Q1 24 | — | 1.25× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IRTC
| Commercial Payors | $111.7M | 53% |
| Centers For Medicare And Medicaid | $49.2M | 24% |
| Healthcare Institutions | $34.3M | 16% |
| Non Contracted Third Party Payors | $13.7M | 7% |
LOPE
Segment breakdown not available.
