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Side-by-side financial comparison of iRhythm Holdings, Inc. (IRTC) and OFG BANCORP (OFG). Click either name above to swap in a different company.
iRhythm Holdings, Inc. is the larger business by last-quarter revenue ($208.9M vs $184.3M, roughly 1.1× OFG BANCORP). OFG BANCORP runs the higher net margin — 30.3% vs 2.7%, a 27.7% gap on every dollar of revenue. On growth, iRhythm Holdings, Inc. posted the faster year-over-year revenue change (27.1% vs 0.9%). OFG BANCORP produced more free cash flow last quarter ($199.3M vs $14.5M). Over the past eight quarters, iRhythm Holdings, Inc.'s revenue compounded faster (25.8% CAGR vs 2.8%).
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.
OFG Bancorp, founded in 1964, is the financial holding company for Oriental Bank, located in San Juan, Puerto Rico. OFG offers a wide range of retail and commercial banking, lending and wealth management products, services and technology, primarily in Puerto Rico and the U.S. Virgin Islands through its principal subsidiaries: Oriental Bank, Oriental Financial Services LLC, and Oriental Insurance LLC. Its headquarters are located at Oriental Center, 254 Muñoz Rivera Avenue, San Juan, PR 00918....
IRTC vs OFG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $208.9M | $184.3M |
| Net Profit | $5.6M | $55.9M |
| Gross Margin | 70.9% | — |
| Operating Margin | 1.1% | 25.7% |
| Net Margin | 2.7% | 30.3% |
| Revenue YoY | 27.1% | 0.9% |
| Net Profit YoY | 518.5% | 11.0% |
| EPS (diluted) | $0.18 | $1.27 |
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 | $184.3M | ||
| Q3 25 | $192.9M | $186.2M | ||
| Q2 25 | $186.7M | $182.4M | ||
| Q1 25 | $158.7M | $178.6M | ||
| Q4 24 | $164.3M | $182.7M | ||
| Q3 24 | $147.5M | $174.7M | ||
| Q2 24 | $148.0M | $179.8M | ||
| Q1 24 | $131.9M | $174.4M |
| Q4 25 | $5.6M | $55.9M | ||
| Q3 25 | $-5.2M | $51.8M | ||
| Q2 25 | $-14.2M | $51.8M | ||
| Q1 25 | $-30.7M | $45.6M | ||
| Q4 24 | $-1.3M | $50.3M | ||
| Q3 24 | $-46.2M | $47.0M | ||
| Q2 24 | $-20.1M | $51.1M | ||
| Q1 24 | $-45.7M | $49.7M |
| 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% | 25.7% | ||
| Q3 25 | -4.4% | 33.0% | ||
| Q2 25 | -10.0% | 36.1% | ||
| Q1 25 | -20.5% | 33.3% | ||
| Q4 24 | -2.5% | 28.9% | ||
| Q3 24 | -34.1% | 35.4% | ||
| Q2 24 | -15.5% | 39.6% | ||
| Q1 24 | -28.9% | 38.9% |
| Q4 25 | 2.7% | 30.3% | ||
| Q3 25 | -2.7% | 27.8% | ||
| Q2 25 | -7.6% | 28.4% | ||
| Q1 25 | -19.3% | 25.5% | ||
| Q4 24 | -0.8% | 27.6% | ||
| Q3 24 | -31.3% | 26.9% | ||
| Q2 24 | -13.6% | 28.4% | ||
| Q1 24 | -34.6% | 28.5% |
| Q4 25 | $0.18 | $1.27 | ||
| Q3 25 | $-0.16 | $1.16 | ||
| Q2 25 | $-0.44 | $1.15 | ||
| Q1 25 | $-0.97 | $1.00 | ||
| Q4 24 | $-0.03 | $1.10 | ||
| Q3 24 | $-1.48 | $1.00 | ||
| Q2 24 | $-0.65 | $1.08 | ||
| Q1 24 | $-1.47 | $1.05 |
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 | $1.0B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $152.7M | $1.4B |
| Total Assets | $1.0B | $12.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $583.8M | $1.0B | ||
| Q3 25 | $565.2M | $740.3M | ||
| Q2 25 | $545.5M | $851.8M | ||
| Q1 25 | $520.6M | $710.6M | ||
| Q4 24 | $535.6M | $591.1M | ||
| Q3 24 | $522.0M | $680.6M | ||
| Q2 24 | $561.5M | $740.4M | ||
| Q1 24 | $569.1M | $754.4M |
| Q4 25 | $152.7M | $1.4B | ||
| Q3 25 | $121.9M | $1.4B | ||
| Q2 25 | $103.7M | $1.3B | ||
| Q1 25 | $86.7M | $1.3B | ||
| Q4 24 | $90.9M | $1.3B | ||
| Q3 24 | $71.8M | $1.3B | ||
| Q2 24 | $99.2M | $1.2B | ||
| Q1 24 | $90.3M | $1.2B |
| Q4 25 | $1.0B | $12.5B | ||
| Q3 25 | $995.2M | $12.2B | ||
| Q2 25 | $964.0M | $12.2B | ||
| Q1 25 | $926.1M | $11.7B | ||
| Q4 24 | $931.4M | $11.5B | ||
| Q3 24 | $909.7M | $11.5B | ||
| Q2 24 | $919.2M | $11.3B | ||
| Q1 24 | $909.8M | $11.2B |
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 | $217.7M |
| Free Cash FlowOCF − Capex | $14.5M | $199.3M |
| FCF MarginFCF / Revenue | 6.9% | 108.1% |
| Capex IntensityCapex / Revenue | 5.6% | 10.0% |
| Cash ConversionOCF / Net Profit | 4.70× | 3.90× |
| TTM Free Cash FlowTrailing 4 quarters | $34.5M | $345.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.2M | $217.7M | ||
| Q3 25 | $34.9M | $39.5M | ||
| Q2 25 | $27.7M | $35.9M | ||
| Q1 25 | $-7.9M | $83.1M | ||
| Q4 24 | $19.2M | $252.5M | ||
| Q3 24 | $24.3M | $58.1M | ||
| Q2 24 | $11.8M | $95.1M | ||
| Q1 24 | $-52.0M | $61.0M |
| Q4 25 | $14.5M | $199.3M | ||
| Q3 25 | $20.1M | $35.5M | ||
| Q2 25 | $17.3M | $31.8M | ||
| Q1 25 | $-17.3M | $78.7M | ||
| Q4 24 | $12.4M | $231.2M | ||
| Q3 24 | $15.5M | $51.8M | ||
| Q2 24 | $3.4M | $90.4M | ||
| Q1 24 | $-61.8M | $54.8M |
| Q4 25 | 6.9% | 108.1% | ||
| Q3 25 | 10.4% | 19.1% | ||
| Q2 25 | 9.3% | 17.4% | ||
| Q1 25 | -10.9% | 44.1% | ||
| Q4 24 | 7.5% | 126.5% | ||
| Q3 24 | 10.5% | 29.6% | ||
| Q2 24 | 2.3% | 50.3% | ||
| Q1 24 | -46.8% | 31.4% |
| Q4 25 | 5.6% | 10.0% | ||
| Q3 25 | 7.7% | 2.1% | ||
| Q2 25 | 5.6% | 2.3% | ||
| Q1 25 | 5.9% | 2.4% | ||
| Q4 24 | 4.2% | 11.7% | ||
| Q3 24 | 6.0% | 3.6% | ||
| Q2 24 | 5.7% | 2.6% | ||
| Q1 24 | 7.4% | 3.5% |
| Q4 25 | 4.70× | 3.90× | ||
| Q3 25 | — | 0.76× | ||
| Q2 25 | — | 0.69× | ||
| Q1 25 | — | 1.82× | ||
| Q4 24 | — | 5.02× | ||
| Q3 24 | — | 1.24× | ||
| Q2 24 | — | 1.86× | ||
| Q1 24 | — | 1.23× |
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% |
OFG
Segment breakdown not available.
