RadNet financials
$70.65−1.62%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.04B | $1.83B | $1.62B | $1.43B | $1.32B | $1.10B | $1.15B | $975.1M | $922.2M | $884.5M |
| Gross profit | $235.5M | $249.1M | $221.4M | $165.7M | $200.9M | $1.10B | $1.15B | $975.1M | $119.8M | $108.7M |
| Gross margin | 11.5% | 13.6% | 13.7% | 11.6% | 15.2% | 100.0% | 100.0% | 100.0% | 13.0% | 12.3% |
| Operating income | $71.7M | $106.9M | $84.1M | $48.9M | $83.8M | $36.9M | $72.3M | $28.8M | $51.2M | $39.2M |
| Net income | -$18.7M | $2.8M | $3.0M | $10.7M | $24.7M | -$14.8M | $14.8M | $32.2M | $53.0K | $7.2M |
| Net margin | −0.9% | 0.2% | 0.2% | 0.7% | 1.9% | −1.4% | 1.3% | 3.3% | 0.0% | 0.8% |
| Diluted EPS | $-0.25 | $0.04 | $0.05 | $0.17 | $0.46 | $-0.29 | $0.29 | $0.66 | $0.00 | $0.15 |
| EBITDA | $232.3M | $247.2M | $217.6M | $168.5M | $278.6M | $135.7M | $221.3M | $107.6M | $119.8M | $108.7M |
| Operating cash flow | $298.8M | $233.0M | $220.9M | $146.4M | $149.5M | $233.8M | $107.4M | $115.0M | $142.2M | $91.6M |
| Free cash flow | -$47.9M | $1.3M | $33.3M | -$103.0M | -$66.1M | $108.3M | $6.1M | -$30.4M | $53.3M | $25.7M |
| Diluted shares | 75.2M | 74.8M | 64.7M | 57.3M | 53.4M | 50.9M | 50.2M | 48.7M | 47.4M | 46.7M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $767.2M | $740.0M | $342.6M | $127.8M | $134.6M | $102.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $1.09B | $1.02B | $830.0M | $851.7M | $1.33B | $653.4M |
| Total assets | $3.76B | $3.29B | $2.69B | $2.43B | $2.06B | $1.79B |
| Total liabilities | $2.40B | $2.15B | $1.88B | $1.94B | $1.71B | $1.53B |
| Shareholders' equity | $1.36B | $1.13B | $813.4M | $491.5M | $346.2M | $258.3M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology