RadNet, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:55:38Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| EBITDA | 214.12M | 242.46M | 227.09M | 162.24M | 179.25M | 122.48M |
| Working Capital | 445.36M | 539.54M | 141.82M | -99.54M | -50.52M | -127.69M |
| Net Debt | 1.09B | 988.84M | 1.15B | 1.39B | 1.26B | 1.09B |
| Operating Margin | 3.04% | 5.72% | 6.11% | 3.24% | 6.28% | 3.33% |
| Net Margin | -0.91% | 0.15% | 0.19% | 0.74% | 1.88% | -1.38% |
| Return on Equity (ROE) | -1.71% | 0.31% | 0.48% | 3.20% | 10.80% | -8.95% |
| Return on Assets (ROA) | -0.50% | 0.09% | 0.11% | 0.44% | 1.20% | -0.83% |
| Current Ratio | 1.76× | 2.12× | 1.32× | 0.79× | 0.87× | 0.68× |
| Debt-to-Equity | 1.71× | 1.92× | 2.36× | 4.54× | 6.11× | 7.19× |
| Effective Tax Rate | 46.58% | 13.43% | 21.83% | 21.79% | 24.73% | -104.80% |
| Cash Conversion Ratio | -16.02× | 83.43× | 72.56× | 13.75× | 6.05× | -15.75× |
| Accruals Ratio | -0.08× | -0.07× | -0.08× | -0.06× | -0.06× | -0.14× |
| SBC % of Revenue | 2.68% | 1.63% | 1.66% | 1.66% | 1.92% | 1.16% |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | 1746.00× | 695.40× | 110.76× | 65.46× | — |
| EV / EBITDA | 30.89× | 25.40× | 15.46× | 15.24× | 16.04× | 17.14× |
| P/S | 2.71× | 2.83× | 1.46× | 0.76× | 1.23× | 0.94× |
| P/B | 5.07× | 5.73× | 3.75× | 3.26× | 7.04× | 6.10× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 2.04B | 1.83B | 1.62B | 1.43B | 1.32B | 1.07B |
| Revenues | — | — | 1.62B | 1.43B | 1.32B | 1.07B |
| Operating Expenses | 1.98B | 1.73B | 1.52B | 1.38B | 1.24B | 1.06B |
| Operating Income (Loss) | 61.99M | 104.62M | 98.70M | 46.36M | 82.55M | 35.68M |
| Income Tax Expense (Benefit) | 14.86M | 6.03M | 8.47M | 9.36M | 14.56M | 895.00K |
| Net Income (Loss) Attributable to Parent | -18.65M | 2.79M | 3.04M | 10.65M | 24.73M | -14.84M |
| Earnings Per Share, Basic | $-0.25 | $0.04 | $0.05 | $0.19 | $0.47 | $-0.29 |
| Weighted Average Number of Shares Outstanding, Basic | 75.19M | 73.04M | 63.58M | 56.29M | 52.50M | 50.89M |
| Earnings Per Share, Diluted | $-0.25 | $0.04 | $0.05 | $0.17 | $0.46 | $-0.29 |
| Weighted Average Number of Shares Outstanding, Diluted | 75.19M | 74.76M | 64.66M | 57.32M | 53.42M | 50.89M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 767.22M | 740.02M | 342.57M | 127.83M | 134.61M | 102.02M |
| Assets, Current | 1.03B | 1.02B | 579.28M | 367.18M | 324.26M | 270.42M |
| Assets | 3.76B | 3.29B | 2.69B | 2.43B | 2.06B | 1.79B |
| Long-term Debt | 1.09B | 1.02B | 830.04M | 851.74M | 754.66M | 652.70M |
| Liabilities, Current | 586.76M | 479.71M | 437.45M | 466.72M | 374.78M | 398.11M |
| Long-term Debt, Excluding Current Maturities | 1.06B | 991.57M | 812.07M | 839.34M | 743.50M | 612.91M |
| Liabilities | 2.40B | 2.15B | 1.88B | 1.94B | 1.71B | 1.53B |
| Stockholders' Equity Attributable to Parent | 1.09B | 902.31M | 630.70M | 333.00M | 228.90M | 165.74M |
| Common Stock, Shares, Outstanding | 77.40M | 74.04M | 67.96M | 57.72M | 53.55M | 51.64M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 298.82M | 233.02M | 220.86M | 146.42M | 149.49M | 233.76M |
| Net Cash Provided by (Used in) Investing Activities | -343.87M | -233.07M | -201.47M | -246.95M | -221.51M | -126.24M |
| Net Cash Provided by (Used in) Financing Activities | 72.21M | 397.95M | 195.63M | 93.65M | 104.67M | -45.56M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| EBITDA | 21.06M | 68.68M | 67.19M | 66.87M | 11.38M | 60.54M |
| Working Capital | 105.14M | 445.36M | 502.86M | 548.17M | 510.46M | 539.54M |
| Net Debt | 1.48B | 1.09B | 1.04B | 1.01B | 1.03B | 988.84M |
| Operating Margin | -4.15% | 5.08% | 5.24% | 6.20% | -5.11% | 5.14% |
| Net Margin | -5.81% | -0.11% | 1.04% | 2.90% | -8.05% | 1.12% |
| Return on Equity (ROE) | -3.10% | -0.05% | 0.51% | 1.55% | -4.22% | 0.59% |
| Return on Assets (ROA) | -0.86% | -0.02% | 0.15% | 0.41% | -1.14% | 0.16% |
| Current Ratio | 1.17× | 1.76× | 1.87× | 2.00× | 2.01× | 2.12× |
| Debt-to-Equity | 1.79× | 1.71× | 1.75× | 1.97× | 1.94× | 1.92× |
| Effective Tax Rate | 24.66% | 52.85% | 31.49% | 3.44% | 10.26% | 7.17% |
| Cash Conversion Ratio | -2.36× | -140.98× | 39.63× | 11.20× | -1.09× | 7.96× |
| Accruals Ratio | -0.03× | -0.02× | -0.06× | -0.04× | -0.02× | -0.01× |
| SBC % of Revenue | 5.45% | 1.52% | 8.85% | 7.47% | 6.04% | 1.77% |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | — | — | — | 1746.00× |
| EV / EBITDA | 26.22× | 30.89× | 33.56× | 25.42× | 22.63× | 25.40× |
| P/S | 2.05× | 2.71× | 2.98× | 2.24× | 1.99× | 2.83× |
| P/B | 4.06× | 5.07× | 5.55× | 4.58× | 4.15× | 5.73× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 575.63M | 547.71M | 522.87M | 498.23M | 471.40M | 477.10M |
| Operating Expenses | 599.53M | 519.89M | 495.48M | 467.35M | 495.50M | 452.58M |
| Operating Income (Loss) | -23.90M | 27.82M | 27.39M | 30.88M | -24.10M | 24.52M |
| Income Tax Expense (Benefit) | -8.10M | 11.05M | 6.38M | 820.00K | -3.40M | 1.10M |
| Net Income (Loss) Attributable to Parent | -33.47M | -597.00K | 5.42M | 14.45M | -37.93M | 5.34M |
| Earnings Per Share, Basic | $-0.43 | $-0.01 | $0.07 | $0.19 | $-0.51 | $0.08 |
| Weighted Average Number of Shares Outstanding, Basic | 77.06M | 75.19M | 75.95M | 74.35M | 74.38M | 73.04M |
| Earnings Per Share, Diluted | $-0.43 | $-0.01 | $0.07 | $0.19 | $-0.51 | $0.08 |
| Weighted Average Number of Shares Outstanding, Diluted | 77.06M | 75.19M | 77.39M | 75.53M | 74.38M | 74.76M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 455.34M | 767.22M | 804.72M | 833.15M | 717.32M | 740.02M |
| Assets, Current | 740.77M | 1.03B | 1.08B | 1.09B | 1.02B | 1.02B |
| Assets | 3.89B | 3.76B | 3.67B | 3.51B | 3.34B | 3.29B |
| Long-term Debt | 1.09B | 1.09B | 1.10B | 1.10B | 1.01B | 1.02B |
| Liabilities, Current | 635.63M | 586.76M | 574.91M | 546.21M | 505.40M | 479.71M |
| Long-term Debt, Excluding Current Maturities | 1.06B | 1.06B | 1.07B | 1.08B | 985.45M | 991.57M |
| Liabilities | 2.53B | 2.40B | 2.35B | 2.34B | 2.20B | 2.15B |
| Stockholders' Equity Attributable to Parent | 1.08B | 1.09B | 1.06B | 932.31M | 898.14M | 902.31M |
| Common Stock, Shares, Outstanding | 78.55M | 77.40M | 77.03M | 75.07M | 74.96M | 74.04M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 78.97M | 84.16M | 214.66M | 161.83M | 41.48M | 42.53M |
| Net Cash Provided by (Used in) Investing Activities | -370.97M | -113.94M | -229.93M | -154.20M | -56.75M | -48.81M |
| Net Cash Provided by (Used in) Financing Activities | -17.50M | -7.39M | 79.60M | 84.92M | -7.51M | -2.12M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (RDNT CIK 0000790526),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.