IRadimed
Builds non-magnetic infusion, monitoring, and safety devices for MRI environments.
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Profile
Sells MRI-compatible infusion pumps, patient vital signs monitors, ferromagnetic detection systems, disposable tubing, and service plans. The business is a single-segment medical-device franchise with U.S.-heavy sales and product timing shaped by FDA clearance.
Designs and manufactures MRI-compatible medical devices for hospitals and acute-care facilities, centered on MRidium IV infusion pumps and the 3880 patient vital signs monitor. Related revenue comes from proprietary disposable tubing, extended maintenance, service, and the FMD1 ferromagnetic detection system for MRI-zone safety.
Sales are concentrated in the United States, where the company uses a direct field organization; international markets are served through independent distributors. The operating model is narrow: management reports a single MRI-compatible medical-device segment rather than separate product divisions.
Execution depends on non-magnetic device engineering, FDA clearance for regulated U.S. products, and a product upgrade cycle around the newer MRidium pump. The business also depends on a limited product set, specialized suppliers, a single Florida facility, and founder-led management.
Company facts
Key statistics
Year to date −8.9% · Average volume (30d) 117.1K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior target | Target |
|---|---|---|---|---|
| Feb 11, 2026 | Lake Street | Target | $100 | $120 |
| Feb 10, 2026 | Roth Capital | Target | $98 | $120 |
| Nov 3, 2025 | Roth Capital | Target | $90 | $98 |
| Nov 3, 2025 | Lake Street | Target | $100 | |
| Oct 31, 2025 | Roth Capital | Target | $60 | $90 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 31, 2026Q2 FY26 | $0.44 | $0.46 | +4.5% | $20.4M | $20.5M | +0.6% | −4.57% |
| May 1, 2026Q1 FY26 | $0.42 | $0.49 | +16.7% | $21.3M | $22.0M | +3.1% | −2.56% |
| Feb 10, 2026Q4 FY25 | $0.49 | $0.54 | +10.2% | $21.6M | $22.7M | +5.1% | −1.97% |
| Nov 3, 2025Q3 FY25 | $0.48 | $0.47 | −2.1% | $21.6M | $21.2M | −1.8% | +3.13% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $19.5M | $20.4M | $21.2M | $22.7M | $22.0M | $20.5M | |
| Gross profit | $14.8M | $16.0M | $16.5M | $17.0M | $16.8M | $15.2M | |
| Operating income | $5.4M | $6.8M | $6.8M | $7.1M | $7.2M | $6.4M | |
| Net income | $4.7M | $5.8M | $5.6M | $6.4M | $5.8M | $5.2M | |
| Diluted EPS | $0.37 | $0.45 | $0.43 | $0.50 | $0.45 | $0.41 | |
| Gross margin | 76.1% | 78.2% | 77.8% | 75.1% | 76.5% | 74.1% | |
| Operating margin | 27.8% | 33.3% | 32.2% | 31.3% | 32.9% | 31.2% |
Fiscal years (4-quarter sums)FY21 $41.8M · FY22 $53.3M · FY23 $65.6M · FY24 $73.2M · FY25 $83.8M
Revenue by product · Q2 FY26
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $59.1M · Total debt $0 · Total assets $115.0M · Shareholders' equity $101.7M
Dividends
Last raised to $0.20 from $0.17 in Feb 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 14, 2026 | Aug 14 | Aug 28 | $0.20 | |
| May 15, 2026 | May 15 | May 29 | $0.20 | |
| Feb 23, 2026 | Feb 23 | Mar 6 | $0.20 | raised from $0.17 |
| Dec 17, 2025 | Dec 17 | Dec 30 | $0.50 | special dividend |
| Nov 14, 2025 | Nov 14 | Nov 25 | $0.17 | |
| Aug 18, 2025 | Aug 18 | Aug 28 | $0.17 | |
| May 20, 2025 | May 20 | May 30 | $0.17 | |
| Feb 24, 2025 | Feb 24 | Mar 5 | $0.17 | raised from $0.15 |
Ownership
Shares outstanding 12.78M · Float 8.33M · 65.1% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Roger E. Susi · director, 10 percent owner, officer: CEO, President, Chairman | 2.16M | 16.92% | Form 4 | Jun 2, 2026 |
| BlackRock, Inc. | 967.8K | 7.57% | 13F | Aug 7, 2026 |
| Kayne Anderson Rudnick Investment Management LLC | 397.0K | 3.11% | 13F | Aug 13, 2026 |
| Renaissance Technologies LLC | 394.4K | 3.09% | 13F | Aug 13, 2026 |
| Copeland Capital Management, LLC | 391.9K | 3.07% | 13F | Aug 4, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 4, 2026 | Hilda Frederique Scharen-Guivel | director | −3,000 | $95.00 |
| Jun 1, 2026 | Roger E. Susi | director, 10 percent owner, officer: CEO, President, Chairman | −2,500 | $90.60 |
| May 27, 2026 | Roger E. Susi | director, 10 percent owner, officer: CEO, President, Chairman | −2,500 | $91.95 |
| May 26, 2026 | Roger E. Susi | director, 10 percent owner, officer: CEO, President, Chairman | −5,000 | $92.23 |
| May 19, 2026 | Roger E. Susi | director, 10 percent owner, officer: CEO, President, Chairman | −2,500 | $87.88 |
Peers
- Philips (ADR)
Dominant MRI patient-monitor rival through Invivo
- GE HealthCare
Large imaging vendor with MRI-monitoring overlap
- BD
Conventional infusion-system rival in MRI workarounds
- Baxter International
Connected infusion pumps for outside-room workarounds
- ICU Medical
Pure-play infusion company with Plum pump overlap
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| IRadimed | $87.07 | +0.03% | $1.11B | 48.6 | 37.3 | 12.9 | +0.3% |
| Philips (ADR) | $26.72 | +0.06% | $26.12B | 19.9 | 13.7 | 1.3 | −2.9% |
| GE HealthCare | $71.73 | −0.01% | $32.40B | 20.8 | 13.8 | 1.6 | +5.8% |
| BD | $189.00 | −0.27% | $52.22B | 57.1 | 14.3 | 2.5 | −9.6% |
| Baxter International | $26.30 | +0.65% | $13.51B | — | 12.5 | 1.2 | +5.3% |
| ICU Medical | $175.10 | +0.01% | $4.38B | 148.4 | 19.7 | 2.0 | −0.2% |
| Median | 38.9 | 13.8 | 1.6 | −0.2% |







