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RadNet Inc (RDNT) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

HEALTHCARE · DIAGNOSTICS & RESEARCH · DATA UPDATED 2026-08-16

RadNet Inc (RDNT) operates in the DIAGNOSTICS & RESEARCH industry and is headquartered in Los Angeles, United States with about 11,000 employees. Its market capitalization is roughly $6 billion. In the fiscal year ended 2025-12-31, RDNT reported $2.0B in revenue and ($19M) in net income.

RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States and internationally. The company operates in two segments, Imaging Centers and Digital Health.

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RDNT Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Revenue$2.3B$2.0B$1.8B$1.6B$1.4B$1.3B$1.1B$1.2B$975M$922M$885M$810M$718M$703M$647M$620M$549M$524M$502M$425M$161M
Gross Profit$220M$91M$249M$221M$166M$192M$106M$154M$108M$120M$109M$101M$115M$104M$104M$142M$128M$127M$118M$95M$41M
Gross Margin %9.7%4.5%13.6%13.7%11.6%14.6%9.9%13.4%11.0%13.0%12.3%12.5%16.0%14.8%16.1%22.9%23.3%24.1%23.5%22.3%25.3%
Operating Income (EBIT)$91M$91M$105M$99M$46M$83M$36M$70M$31M$50M$38M$39M$53M$44M$45M$51M$38M$39M$33M$21M$16M
Operating Margin %4.0%4.5%5.7%6.1%3.2%6.3%3.3%6.0%3.2%5.4%4.3%4.8%7.4%6.2%7.0%8.2%7.0%7.4%6.5%5.0%10.1%
Net Income($21M)($19M)$3M$3M$11M$25M($15M)$15M$32M$0M$7M$8M$1M$2M$65M$7M($13M)($2M)($13M)($18M)($7M)
Net Margin %-0.9%-0.9%0.1%0.2%0.7%1.9%-1.4%1.3%3.3%0.0%0.8%0.9%0.2%0.3%10.0%1.2%-2.3%-0.4%-2.6%-4.3%-4.3%
EBITDA$337M$254M$263M$293M$279M$278M$200M$225M$108M$120M$109M$117M$115M$104M$109M$106M$81M$85M$87M$68M$33M
Earnings Per Share (EPS)$-0.27$-0.25$0.04$0.05$0.19$0.46$-0.29$0.29$0.66$0.00$0.15$0.17$0.03$0.05$1.64$0.19$-0.35$-0.06$-0.36$-0.52$-0.33
Shares Outstanding (M)79M75M75M65M57M53M51M50M49M47M47M45M43M40M39M39M37M36M36M35M21M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RDNT Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$623M$576M$548M$523M$498M$471M$477M$461M
Gross Profit$88M($16M)$76M$72M$69M$18M$66M$69M
Gross Margin %14.1%-2.9%13.9%13.9%13.9%3.8%13.8%15.0%
Operating Income (EBIT)$39M($16M)$35M$33M$31M($24M)$25M$34M
Operating Margin %6.3%-2.9%6.4%6.2%6.2%-5.1%5.1%7.3%
Net Income$8M($33M)($1M)$5M$14M($38M)$5M$3M
Net Margin %1.2%-5.8%-0.1%1.0%2.9%-8.1%1.1%0.7%
EBITDA$90M$30M$140M$77M$77M$20M$66M$71M
Earnings Per Share (EPS)$0.10$-0.43$-0.01$0.07$0.20$-0.51$0.07$0.04
Shares Outstanding (M)79M77M75M75M74M74M76M75M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RDNT Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Cash from Operations (CFO)$317M$299M$233M$221M$146M$149M$234M$104M$117M$141M$92M$67M$61M$66M$74M$58M$67M$77M$45M$29M$10M
Capital Expenditures (CapEx)$515M$213M$188M$177M$249M$221M$125M$101M$145M$89M$66M$134M$51M$56M$90M$86M$102M$37M$58M$46M$9M
Free Cash Flow (FCF)($198M)$86M$45M$44M($103M)($71M)$108M$3M($29M)$52M$26M($67M)$10M$11M($16M)($28M)($35M)$40M($13M)($16M)$1M
FCF Margin %-8.7%4.2%2.5%2.7%-7.2%-5.4%10.1%0.3%-2.9%5.7%2.9%-8.2%1.4%1.5%-2.5%-4.5%-6.4%7.6%-2.6%-3.9%0.5%
Dividends Paid$6M$2M$1M$2M$0M$1M$0M$12M$12M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RDNT Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$88M$92M$84M$53M$120M$41M$43M$57M
Capital Expenditures (CapEx)$70M$70M$315M$60M$53M$49M$43M$41M
Free Cash Flow (FCF)$18M$22M($231M)($8M)$67M($7M)$0M$16M
FCF Margin %2.9%3.9%-42.1%-1.5%13.5%-1.6%-0.1%3.5%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RDNT Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Assets$4.2B$3.8B$3.3B$2.7B$2.4B$2.1B$1.8B$1.6B$1.1B$869M$849M$838M$741M$723M$715M$619M$540M$481M$496M$434M$131M
Cash & Cash Equivalents$726M$767M$740M$343M$128M$135M$102M$40M$10M$51M$21M$0M$0M$8M$0M$2M$1M$10M($24M)$0M$0M
Total Liabilities$2.8B$2.4B$2.2B$1.9B$1.9B$1.7B$1.5B$1.4B$909M$799M$797M$802M$733M$720M$717M$689M$622M$555M$577M$503M$210M
Total Debt (Short + Long-Term)$100M$1.2B$1.1B$886M$909M$820M$721M$821M$671M$610M$31M$33M$31M$11M$14M$562M$514M$451M$466M$422M$182M
Total Shareholders' Equity$1.1B$1.1B$902M$631M$333M$229M$166M$152M$127M$62M$48M$33M$5M$0M($3M)($71M)($83M)($75M)($81M)($70M)($79M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive RDNT viewer.

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