RadNet, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.04B | $1.83B | $1.62B | $1.43B | $1.32B | $1.07B | $1.15B | $975.1M |
| Cost of Revenue | — | — | — | — | — | — | $999.7M | $867.5M |
| Gross Profit | — | — | — | — | — | — | $154.5M | $107.6M |
| Gross Margin | — | — | — | — | — | — | 13.4% | 11.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $62.0M | $104.6M | $98.7M | $46.4M | $82.6M | $35.7M | $69.9M | $30.9M |
| Operating Margin | 3.0% | 5.7% | 6.1% | 3.2% | 6.3% | 3.3% | 6.1% | 3.2% |
| Interest Expense | $69.9M | $79.8M | $64.5M | $50.8M | $48.8M | $45.9M | $48.0M | $43.5M |
| Pretax Income | $31.9M | $44.9M | $38.8M | $43.0M | $58.9M | $-854.0K | $29.7M | $38.5M |
| Income Tax Expense | $14.9M | $6.0M | $8.5M | $9.4M | $14.6M | $895.0K | $6.2M | $394.0K |
| Net Income | $-18.7M | $2.8M | $3.0M | $10.7M | $24.7M | $-14.8M | $14.8M | $32.2M |
| Net Margin | -0.9% | 0.2% | 0.2% | 0.7% | 1.9% | -1.4% | 1.3% | 3.3% |
| EPS (Basic) | $-0.25 | $0.04 | $0.05 | $0.19 | $0.47 | $-0.29 | $0.30 | $0.67 |
| EPS (Diluted) | $-0.25 | $0.04 | $0.05 | $0.17 | $0.46 | $-0.29 | $0.29 | $0.66 |
| Shares Outstanding (Basic) | 75.2M | 73.0M | 63.6M | 56.3M | 52.5M | 50.9M | 49.7M | 48.1M |
| Shares Outstanding (Diluted) | 75.2M | 74.8M | 64.7M | 57.3M | 53.4M | 50.9M | 50.2M | 48.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |