RDNT RadNet, Inc.
Price Chart
Executive Summary
RadNet has acquired Paris-based Gleamer, a leading radiology AI company, for up to €230 million in an all-cash deal. The acquisition integrates Gleamer into DeepHealth, RadNet’s AI subsidiary, creating the world’s largest provider of clinical AI solutions in radiology with a combined ARR expected to reach $140 million by end of 2026. The move aims to enhance automation in high-volume imaging workflows and drive cost efficiencies across RadNet’s network starting in Q3 2026.
Key Financial Metrics
Actionable Insight
Traders should monitor the Q3 2026 timeline for AI integration across RadNet’s network, which could yield measurable productivity gains and margin expansion. The $140M combined ARR target implies strong growth in RadNet’s digital health segment, potentially re-rating the stock if execution is on track.
Key Facts
- RadNet acquired Gleamer SAS, a Paris-based radiology AI company, to be integrated into its subsidiary DeepHealth.
- The acquisition is valued at up to €230 million in an all-cash transaction, including a post-closing milestone payment.
- Gleamer had over 700 customer contracts in 44 countries and achieved a compound annual growth rate in ARR exceeding 90% from 2022 to 2025.
- Gleamer is expected to generate approximately $30 million in ARR in 2026.
- Combined entity (DeepHealth + Gleamer) anticipates achieving ARR approaching or exceeding $140 million by end of 2026.
- Integration of Gleamer’s AI into RadNet’s network is expected to drive productivity gains, particularly in X-ray, which accounts for nearly 25% of RadNet’s imaging volume.
- Full deployment across RadNet’s operations expected by Q3 2026, enabling AI-driven triage and draft reporting.
Financial Impact
Up to €230 million (~$250 million) cash outlay; Gleamer contributing ~$30M ARR in 2026, with combined DeepHealth business projected to reach $140M ARR by year-end.
Risk Factors
- Integration risk: Combining two AI platforms and teams across geographies may delay synergy realization.
- Cash outflow of ~$250M could pressure liquidity if not offset by operating cash flow or financing.
- Forward-looking ARR projections are non-GAAP and subject to customer retention and execution risk.
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3247141 |
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Jun 3, 2026
6d ago
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8-K
| $51.87 $52.81 | ▲ +1.81% | ▲ +1.41% | $54.16 (+4.41%) |
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May 11, 2026
29d ago
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8-K
| $55.90 $56.00 | ▲ +0.18% | ▲ +0.32% | $54.16 (−3.11%) |
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May 10, 2026
4w ago
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Press Release
| $55.90 $56.00 | ▲ +0.18% | ▲ +0.32% | $54.16 (−3.11%) |
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Apr 28, 2026
6w ago
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Press Release
| $57.89 $55.89 | ▼ −3.45% | ▼ −3.44% | $54.16 (−6.44%) |
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Apr 20, 2026
7w ago
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DEFA14A
| $57.51 $57.83 | ▲ +0.56% | ▼ −0.46% | $54.16 (−5.83%) |
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Mar 11, 2026
12w ago
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Press Release
| $59.78 $62.09 | ▲ +3.86% | ▲ +4.46% | $54.16 (−9.40%) |
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Mar 4, 2026
13w ago
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Press Release
| $71.33 $66.67 | ▼ −6.53% | ▼ −5.96% | $54.16 (−24.07%) |
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Mar 2, 2026
14w ago
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Press Release
| $75.22 $72.58 | ▼ −3.51% | ▼ −2.60% | $54.16 (−28.00%) |
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Mar 2, 2026
14w ago
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Press Release
| $75.22 $72.58 | ▼ −3.51% | ▼ −2.60% | $54.16 (−28.00%) |
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Mar 2, 2026
14w ago
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Press Release
| $75.22 $72.58 | ▼ −3.51% | ▼ −2.60% | $54.16 (−28.00%) |
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