Fundies.
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RadNet, Inc.

EDGAR
RDNT Current report (8-K) · filed 2026-10-26

Annual consolidated revenue for 2025: about USD 2.04B, using the latest reported figures. The previous period, 2024, was about USD 1.83B.

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Watchlist

Latest quarter

Revenue

623 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating margin

6.34%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: 39468000 USD Source
  • Revenue: 622720000 USD Source

Operating cash flow

94.1 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 173071000 USD Source
  • Operating Cash Flow: 78972000 USD Source
Cash and cash equivalents
726 million USD Source
Exact value

726272000 USD

Long-term debt including current maturities
1.33 billion USD Source
Exact value

1332531000 USD

Shares outstanding
78.6 million shares Source
Exact value

78646805 shares

Reported share-count change

4.77% · 3.58 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 75067102 shares · 2025-06-30· Source
  • 78646805 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

2.27 billion USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Revenue: 522869000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 2040210000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 1492498000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 575631000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 622720000 USD · 2026-04-01 – 2026-06-30 Source

Net income

-21.1 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Net income: 5417000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: -18652000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: -18055000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: -33466000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: 7530000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

310 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 214656000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 161829000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 298820000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 214656000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 78972000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 173071000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 78972000 USD · 2026-01-01 – 2026-03-31 Source

Capital expenditure

74.2 million USD

2019-01-01 – 2019-12-31

Exact inputs and evidence
  • Capital expenditure: 32940000 USD · 2019-01-01 – 2019-03-31 Source
  • Capital expenditure: 50342000 USD · 2019-01-01 – 2019-06-30 Source
  • Capital expenditure: 32940000 USD · 2019-01-01 – 2019-03-31 Source
  • Capital expenditure: 68269000 USD · 2019-01-01 – 2019-09-30 Source
  • Capital expenditure: 50342000 USD · 2019-01-01 – 2019-06-30 Source
  • Capital expenditure: 74153000 USD · 2019-01-01 – 2019-12-31 Source
  • Capital expenditure: 68269000 USD · 2019-01-01 – 2019-09-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-26.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-12-31
  • Operating income: 11 of 11 periods available· newest 2025-12-31
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 5 of 11 periods available· newest 2019-12-31
  • Total assets: 11 of 11 periods available· newest 2025-12-31
  • Total liabilities: 11 of 11 periods available· newest 2025-12-31
  • Current assets: 11 of 11 periods available· newest 2025-12-31
  • Current liabilities: 11 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 9 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 11 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +11.5%

    Prior period

    USD 1.83 billion

    –

    Current period

    USD 2.04 billion

    –

    Exact inputs and evidence

    2040210000 − 1829664000 = 210546000 USD

    1829664000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    2040210000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    -767.8%

    Prior period

    USD 2.79 million

    –

    Current period

    −USD 18.65 million

    –

    Exact inputs and evidence

    -18652000 − 2793000 = -21445000 USD

    2793000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -18652000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    +28.2%

    Prior period

    USD 233.02 million

    –

    Current period

    USD 298.82 million

    –

    Exact inputs and evidence

    298820000 − 233023000 = 65797000 USD

    233023000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    298820000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 2.04 billion 100% of revenue
  • Operating costs Derived USD 1.98 billion 97% of revenue
  • Operating income USD 61.99 million 3% of revenue
  • Tax, interest and other Derived USD 80.64 million 4% of revenue
  • Net income −USD 18.65 million −0.9% of revenue

Cash

  • Operating cash flow USD 298.82 million 15% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 96%
  • 2017 95%
  • 2018 Net income was higher than operating income, so the split is not drawn.
  • 2019 94%
  • 2020 Net loss: net income was −1.4% of revenue.
  • 2021 94%
  • 2022 97%
  • 2023 94%
  • 2024 94%
  • 2025 Net loss: net income was −0.9% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-31884535000 846055000 Derived 38480000 31250000 Derived 7230000 32390000 Derived
Source
2017 2017-01-01 – 2017-12-31922186000 872136000 Derived 50050000 49997000 Derived 53000 80889000 Derived
Source
2018 2018-01-01 – 2018-12-31975146000 944260000 Derived 30886000 -1357000 Derived 32243000 44574000 Derived
Source
2019 2019-01-01 – 2019-12-311154179000 1084301000 Derived 69878000 55122000 Derived 14756000 30169000 Derived
Source
2020 2020-01-01 – 2020-12-311071840000 1036156000 Derived 35684000 50524000 Derived -14840000 Unavailable
Source
2021 2021-01-01 – 2021-12-311315077000 1232523000 Derived 82554000 57827000 Derived 24727000 Unavailable
Source
2022 2022-01-01 – 2022-12-311430061000 1383698000 Derived 46363000 35713000 Derived 10650000 Unavailable
Source
2023 2023-01-01 – 2023-12-311616630000 1517933000 Derived 98697000 95653000 Derived 3044000 Unavailable
Source
2024 2024-01-01 – 2024-12-311829664000 1725043000 Derived 104621000 101828000 Derived 2793000 Unavailable
Source
2025 2025-01-01 – 2025-12-312040210000 1978218000 Derived 61992000 80644000 Derived -18652000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 2B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.2B1.7B1.1B550.9M0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue884535000
2017Revenue922186000
2018Revenue975146000
2019Revenue1154179000
2020Revenue1071840000
2021Revenue1315077000
2022Revenue1430061000
2023Revenue1616630000
2024Revenue1829664000
2025Revenue2040210000

Revenue growth

Change in revenue from the same financial period one year earlier.

11.5% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.25.1%16.4%7.8%-0.9%-9.5%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year9.3%
2017Year over year4.3%
2018Year over year5.7%
2019Year over year18.4%
2020Year over year-7.1%
2021Year over year22.7%
2022Year over year8.7%
2023Year over year13%
2024Year over year13.2%
2025Year over year11.5%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 3% 2025
Net margin -0.9% 2025
Free cash flow margin 2.6% 2019
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.9.6%6.6%3.7%0.7%-2.2%201620212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin4.4%
2017Operating margin5.4%
2018Operating margin3.2%
2019Operating margin6.1%
2020Operating margin3.3%
2021Operating margin6.3%
2022Operating margin3.2%
2023Operating margin6.1%
2024Operating margin5.7%
2025Operating margin3%
2016Net margin0.8%
2017Net margin0%
2018Net margin3.3%
2019Net margin1.3%
2020Net margin-1.4%
2021Net margin1.9%
2022Net margin0.7%
2023Net margin0.2%
2024Net margin0.2%
2025Net margin-0.9%
2016Free cash flow margin3.7%
2017Free cash flow margin8.8%
2018Free cash flow margin4.6%
2019Free cash flow margin2.6%
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow marginNot reported
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 298.8M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.322.7M242.0M161.4M80.7M0.0201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow91641000
2017Operating cash flow142225000
2018Operating cash flow116754000
2019Operating cash flow104322000
2020Operating cash flow233759000
2021Operating cash flow149491000
2022Operating cash flow146417000
2023Operating cash flow220863000
2024Operating cash flow233023000
2025Operating cash flow298820000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 30.2M 2019
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.87.4M65.5M43.7M21.8M0.0201620212025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flow32390000
2017Free cash flow80889000
2018Free cash flow44574000
2019Free cash flow30169000
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flowUnavailable
2023Free cash flowUnavailable
2024Free cash flowUnavailable
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

63.9% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.101%76%51%25%0%201620212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets93.9%
2017Liabilities / assets92%
2018Liabilities / assets81.9%
2019Liabilities / assets85.8%
2020Liabilities / assets85.5%
2021Liabilities / assets83.2%
2022Liabilities / assets79.8%
2023Liabilities / assets69.8%
2024Liabilities / assets65.5%
2025Liabilities / assets63.9%

Current assets to current liabilities

Current assets divided by current liabilities.

1.76× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.29×1.72×1.15×0.57×0.00×201620212025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016Current assets / current liabilities1.4×
2017Current assets / current liabilities1.23×
2018Current assets / current liabilities0.87×
2019Current assets / current liabilities0.74×
2020Current assets / current liabilities0.68×
2021Current assets / current liabilities0.87×
2022Current assets / current liabilities0.79×
2023Current assets / current liabilities1.32×
2024Current assets / current liabilities2.12×
2025Current assets / current liabilities1.76×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
USD 7.23 million
Exact value

Exact value: 7230000 USD

2016-01-01 – 2016-12-31: 7230000 USD Inspect Net Income Open source
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USD 91.64 million
Exact value

Exact value: 91641000 USD

2016-01-01 – 2016-12-31: 91641000 USD Inspect Operating Cash Flow Open source
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USD 59.25 million
Exact value

Exact value: 59251000 USD

2016-01-01 – 2016-12-31: 59251000 USD Inspect Capital Expenditure Open source
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USD 32.39 million
Calculation and evidence

91641000 − 59251000 USD

Exact free cash flow: 32390000 USD

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2017 2017-01-01 – 2017-12-31
USD 53,000
Exact value

Exact value: 53000 USD

2017-01-01 – 2017-12-31: 53000 USD Inspect Net Income Open source
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USD 142.23 million
Exact value

Exact value: 142225000 USD

2017-01-01 – 2017-12-31: 142225000 USD Inspect Operating Cash Flow Open source
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USD 61.34 million
Exact value

Exact value: 61336000 USD

2017-01-01 – 2017-12-31: 61336000 USD Inspect Capital Expenditure Open source
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USD 80.89 million
Calculation and evidence

142225000 − 61336000 USD

Exact free cash flow: 80889000 USD

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2018 2018-01-01 – 2018-12-31
USD 32.24 million
Exact value

Exact value: 32243000 USD

2018-01-01 – 2018-12-31: 32243000 USD Inspect Net Income Open source
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USD 116.75 million
Exact value

Exact value: 116754000 USD

2018-01-01 – 2018-12-31: 116754000 USD Inspect Operating Cash Flow Open source
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USD 72.18 million
Exact value

Exact value: 72180000 USD

2018-01-01 – 2018-12-31: 72180000 USD Inspect Capital Expenditure Open source
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USD 44.57 million
Calculation and evidence

116754000 − 72180000 USD

Exact free cash flow: 44574000 USD

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2019 2019-01-01 – 2019-12-31
USD 14.76 million
Exact value

Exact value: 14756000 USD

2019-01-01 – 2019-12-31: 14756000 USD Inspect Net Income Open source
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USD 104.32 million
Exact value

Exact value: 104322000 USD

2019-01-01 – 2019-12-31: 104322000 USD Inspect Operating Cash Flow Open source
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USD 74.15 million
Exact value

Exact value: 74153000 USD

2019-01-01 – 2019-12-31: 74153000 USD Inspect Capital Expenditure Open source
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USD 30.17 million
Calculation and evidence

104322000 − 74153000 USD

Exact free cash flow: 30169000 USD

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2020 2020-01-01 – 2020-12-31
−USD 14.84 million
Exact value

Exact value: -14840000 USD

2020-01-01 – 2020-12-31: -14840000 USD Inspect Net Income Open source
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USD 233.76 million
Exact value

Exact value: 233759000 USD

2020-01-01 – 2020-12-31: 233759000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
USD 24.73 million
Exact value

Exact value: 24727000 USD

2021-01-01 – 2021-12-31: 24727000 USD Inspect Net Income Open source
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USD 149.49 million
Exact value

Exact value: 149491000 USD

2021-01-01 – 2021-12-31: 149491000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
USD 10.65 million
Exact value

Exact value: 10650000 USD

2022-01-01 – 2022-12-31: 10650000 USD Inspect Net Income Open source
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USD 146.42 million
Exact value

Exact value: 146417000 USD

2022-01-01 – 2022-12-31: 146417000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2023 2023-01-01 – 2023-12-31
USD 3.04 million
Exact value

Exact value: 3044000 USD

2023-01-01 – 2023-12-31: 3044000 USD Inspect Net Income Open source
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USD 220.86 million
Exact value

Exact value: 220863000 USD

2023-01-01 – 2023-12-31: 220863000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
USD 2.79 million
Exact value

Exact value: 2793000 USD

2024-01-01 – 2024-12-31: 2793000 USD Inspect Net Income Open source
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USD 233.02 million
Exact value

Exact value: 233023000 USD

2024-01-01 – 2024-12-31: 233023000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2025-01-01 – 2025-12-31
−USD 18.65 million
Exact value

Exact value: -18652000 USD

2025-01-01 – 2025-12-31: -18652000 USD Inspect Net Income Open source
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USD 298.82 million
Exact value

Exact value: 298820000 USD

2025-01-01 – 2025-12-31: 298820000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

189 filings · 5,992 latest values · 5,992 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000790526, 790526, RDNT, edgar:790526

Also known as PRIMEDEX HEALTH SYSTEMS INC, RadNet, Inc.