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Side-by-side financial comparison of iRhythm Holdings, Inc. (IRTC) and PARK NATIONAL CORP (PRK). Click either name above to swap in a different company.
iRhythm Holdings, Inc. is the larger business by last-quarter revenue ($208.9M vs $168.3M, roughly 1.2× PARK NATIONAL CORP). PARK NATIONAL CORP runs the higher net margin — 25.3% vs 2.7%, a 22.7% gap on every dollar of revenue. On growth, iRhythm Holdings, Inc. posted the faster year-over-year revenue change (27.1% vs 2.2%). PARK NATIONAL CORP produced more free cash flow last quarter ($191.9M vs $14.5M). Over the past eight quarters, iRhythm Holdings, Inc.'s revenue compounded faster (25.8% CAGR vs 4.9%).
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.
National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.
IRTC vs PRK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $208.9M | $168.3M |
| Net Profit | $5.6M | $42.6M |
| Gross Margin | 70.9% | — |
| Operating Margin | 1.1% | — |
| Net Margin | 2.7% | 25.3% |
| Revenue YoY | 27.1% | 2.2% |
| Net Profit YoY | 518.5% | 10.4% |
| EPS (diluted) | $0.18 | $2.62 |
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 | $168.3M | ||
| Q3 25 | $192.9M | $169.5M | ||
| Q2 25 | $186.7M | $168.7M | ||
| Q1 25 | $158.7M | $157.9M | ||
| Q4 24 | $164.3M | $164.7M | ||
| Q3 24 | $147.5M | $170.3M | ||
| Q2 24 | $148.0M | $157.7M | ||
| Q1 24 | $131.9M | $152.8M |
| Q4 25 | $5.6M | $42.6M | ||
| Q3 25 | $-5.2M | $47.2M | ||
| Q2 25 | $-14.2M | $48.1M | ||
| Q1 25 | $-30.7M | $42.2M | ||
| Q4 24 | $-1.3M | $38.6M | ||
| Q3 24 | $-46.2M | $38.2M | ||
| Q2 24 | $-20.1M | $39.4M | ||
| Q1 24 | $-45.7M | $35.2M |
| 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% | — | ||
| Q3 25 | -4.4% | 34.3% | ||
| Q2 25 | -10.0% | 35.2% | ||
| Q1 25 | -20.5% | 32.4% | ||
| Q4 24 | -2.5% | — | ||
| Q3 24 | -34.1% | 27.4% | ||
| Q2 24 | -15.5% | 30.6% | ||
| Q1 24 | -28.9% | 27.8% |
| Q4 25 | 2.7% | 25.3% | ||
| Q3 25 | -2.7% | 27.8% | ||
| Q2 25 | -7.6% | 28.5% | ||
| Q1 25 | -19.3% | 26.7% | ||
| Q4 24 | -0.8% | 23.5% | ||
| Q3 24 | -31.3% | 22.4% | ||
| Q2 24 | -13.6% | 25.0% | ||
| Q1 24 | -34.6% | 23.0% |
| Q4 25 | $0.18 | $2.62 | ||
| Q3 25 | $-0.16 | $2.92 | ||
| Q2 25 | $-0.44 | $2.97 | ||
| Q1 25 | $-0.97 | $2.60 | ||
| Q4 24 | $-0.03 | $2.38 | ||
| Q3 24 | $-1.48 | $2.35 | ||
| Q2 24 | $-0.65 | $2.42 | ||
| Q1 24 | $-1.47 | $2.17 |
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 | $233.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $152.7M | $1.4B |
| Total Assets | $1.0B | $9.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $583.8M | $233.5M | ||
| Q3 25 | $565.2M | $218.9M | ||
| Q2 25 | $545.5M | $193.1M | ||
| Q1 25 | $520.6M | $237.6M | ||
| Q4 24 | $535.6M | $160.6M | ||
| Q3 24 | $522.0M | $201.7M | ||
| Q2 24 | $561.5M | $261.5M | ||
| Q1 24 | $569.1M | $306.1M |
| Q4 25 | $152.7M | $1.4B | ||
| Q3 25 | $121.9M | $1.3B | ||
| Q2 25 | $103.7M | $1.3B | ||
| Q1 25 | $86.7M | $1.3B | ||
| Q4 24 | $90.9M | $1.2B | ||
| Q3 24 | $71.8M | $1.2B | ||
| Q2 24 | $99.2M | $1.2B | ||
| Q1 24 | $90.3M | $1.2B |
| Q4 25 | $1.0B | $9.8B | ||
| Q3 25 | $995.2M | $9.9B | ||
| Q2 25 | $964.0M | $9.9B | ||
| Q1 25 | $926.1M | $9.9B | ||
| Q4 24 | $931.4M | $9.8B | ||
| Q3 24 | $909.7M | $9.9B | ||
| Q2 24 | $919.2M | $9.9B | ||
| Q1 24 | $909.8M | $9.9B |
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 | $198.3M |
| Free Cash FlowOCF − Capex | $14.5M | $191.9M |
| FCF MarginFCF / Revenue | 6.9% | 114.1% |
| Capex IntensityCapex / Revenue | 5.6% | 3.8% |
| Cash ConversionOCF / Net Profit | 4.70× | 4.65× |
| TTM Free Cash FlowTrailing 4 quarters | $34.5M | $328.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.2M | $198.3M | ||
| Q3 25 | $34.9M | $52.6M | ||
| Q2 25 | $27.7M | $49.7M | ||
| Q1 25 | $-7.9M | $37.9M | ||
| Q4 24 | $19.2M | $178.8M | ||
| Q3 24 | $24.3M | $43.8M | ||
| Q2 24 | $11.8M | $50.9M | ||
| Q1 24 | $-52.0M | $35.0M |
| Q4 25 | $14.5M | $191.9M | ||
| Q3 25 | $20.1M | $51.1M | ||
| Q2 25 | $17.3M | $48.4M | ||
| Q1 25 | $-17.3M | $36.8M | ||
| Q4 24 | $12.4M | $169.7M | ||
| Q3 24 | $15.5M | $41.7M | ||
| Q2 24 | $3.4M | $49.0M | ||
| Q1 24 | $-61.8M | $31.9M |
| Q4 25 | 6.9% | 114.1% | ||
| Q3 25 | 10.4% | 30.1% | ||
| Q2 25 | 9.3% | 28.7% | ||
| Q1 25 | -10.9% | 23.3% | ||
| Q4 24 | 7.5% | 103.0% | ||
| Q3 24 | 10.5% | 24.5% | ||
| Q2 24 | 2.3% | 31.1% | ||
| Q1 24 | -46.8% | 20.8% |
| Q4 25 | 5.6% | 3.8% | ||
| Q3 25 | 7.7% | 0.9% | ||
| Q2 25 | 5.6% | 0.8% | ||
| Q1 25 | 5.9% | 0.7% | ||
| Q4 24 | 4.2% | 5.6% | ||
| Q3 24 | 6.0% | 1.2% | ||
| Q2 24 | 5.7% | 1.2% | ||
| Q1 24 | 7.4% | 2.1% |
| Q4 25 | 4.70× | 4.65× | ||
| Q3 25 | — | 1.11× | ||
| Q2 25 | — | 1.03× | ||
| Q1 25 | — | 0.90× | ||
| Q4 24 | — | 4.63× | ||
| Q3 24 | — | 1.14× | ||
| Q2 24 | — | 1.29× | ||
| Q1 24 | — | 0.99× |
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% |
PRK
Segment breakdown not available.
