iRadimed Corp (FRA:46K)
€ 84.5 +1.5 (+1.81%) Market Cap: 1.09 Bil Enterprise Value: 1.05 Bil PE Ratio: 54.54 PB Ratio: 12.95 GF Score: 87/100

Q1 2026 IRadimed Corp Earnings Call Transcript

May 1, 2026 / 03:00 PM GMT
Release Date Price: €71

Key Points

Positve
  • iRadimed Corp (IRMD) reported a 13% increase in revenue for Q1 2026, reaching $22 million compared to the same period in 2025.
  • The company achieved a 33% improvement in operating income, totaling $7.2 million, driven by disciplined expense management and a modified commission structure.
  • Net income rose by 22% to $5.8 million, or $0.45 per diluted share, showcasing strong financial performance.
  • The new 3,870 MR IV pump system is experiencing higher-than-expected ASP increases, with initial orders showing a 20% lift over the previous model.
  • iRadimed Corp (IRMD) is targeting a $50 million annual revenue run rate for pumps, with expectations of achieving a $100-plus million revenue run rate as 2026 progresses.
Negative
  • Revenue expectations for Q2 2026 are projected to be between $20 million to $21 million, indicating a potential decline from Q1 2026.
  • The company is facing challenges in ramping up production of the new 3,870 pump system, with a cautious approach to scaling manufacturing.
  • Despite strong initial interest, Q2 revenue will not fully reflect the high level of order activity due to production constraints.
  • The effective tax rate for the quarter increased to approximately 25%, influenced by the timing of deductions tied to equity grants.
  • The company anticipates a controlled revenue growth rather than a step change, with declining revenue from older pump systems offsetting new product sales.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

IRMD.OQ - IRadimed Corp
Q1 2026 IRadimed Corp Earnings Call
May 01, 2026 / 03:00PM GMT

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Presentation
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Unidentified_1 [1]
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Welcome to Eradimab Corporation's first quarter of 2026 financial results conference call. All participants are currently in listen-only mode. At the end of the call, we will conduct a question-and-answer session. This call is being recorded today, May 1, 2026, and contains time-sensitive accurate information that is valid only for today.

Earlier, Eradimab released its financial results for the first quarter of 2026. A copy of this press release announcing the company's earnings is available under the heading News on their website at aradamed.com.

A copy of the press release was also furnished to the Securities and Exchange Commission on Form 8-K and can be found at fcc.gov.

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