RDNT RadNet, Inc.
Price Chart
Executive Summary
RadNet reported strong Q4 and full-year 2025 results with revenue up 14.8% YoY to $547.7M and Adjusted EBITDA up 16.9% to $87.7M, driven by double-digit procedural volume growth and operational efficiencies. The company also issued robust 2026 guidance, forecasting Imaging Center revenue growth of 17%-19% and Digital Health revenue growth of 46%-56%, supported by AI expansion and recent acquisitions including Gleamer.
Key Financial Metrics
Actionable Insight
The combination of strong volume growth, margin expansion, and aggressive 2026 guidance suggests underlying operating momentum. The Digital Health segment's high-growth trajectory and AI-driven automation could drive long-term margin improvement. Traders should monitor execution on AI commercialization and integration of acquisitions.
Key Facts
- Q4 2025 revenue: $547.7M (+14.8% YoY), Adjusted EBITDA: $87.7M (+16.9% YoY), margin improved 29 bps to 16.0%
- Adjusted EPS: $0.23 vs. $0.24 in Q4 2024, despite $18.8M in one-time expenses
- Aggregate advanced imaging volumes up 14.1%, same-center volumes up 9.6%
- 2026 guidance: Imaging Center revenue +17%-19%, Adjusted EBITDA +18%-22%, Free Cash Flow +29%-41%
- Digital Health revenue guidance: $135M–$145M (+46%-56% YoY), including $16M from Gleamer acquisition
- Announced acquisition of AI company Gleamer in Paris, expanding clinical AI portfolio
Financial Impact
Revenue growth of $70.6M and EBITDA growth of $12.7M in Q4; full-year revenue up $210.5M and EBITDA up $20.8M; 2026 FCF expected to grow by up to 41%
Risk Factors
- Adjusted EPS declined YoY despite revenue and EBITDA growth, signaling margin pressure from heavy R&D and acquisition costs
- Digital Health segment remains unprofitable on a free cash flow basis, with $17M–$19M expected outflow in 2026
- Guidance assumes continued procedural volume growth and successful integration of AI tools and recent acquisitions
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3247156 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 10, 2026
2d ago
|
8-K
| $58.19 awaiting T+1 | awaiting T+1 | — | $56.71 (−2.54%) |
|
Jun 3, 2026
10d ago
|
8-K
| $51.87 $52.81 | ▲ +1.81% | ▲ +1.41% | $56.71 (+9.33%) |
|
May 11, 2026
4w ago
|
8-K
| $55.90 $56.00 | ▲ +0.18% | ▲ +0.32% | $56.71 (+1.45%) |
|
May 10, 2026
4w ago
|
Press Release
| $55.90 $56.00 | ▲ +0.18% | ▲ +0.32% | $56.71 (+1.45%) |
|
Apr 28, 2026
6w ago
|
Press Release
| $57.89 $55.89 | ▼ −3.45% | ▼ −3.44% | $56.71 (−2.04%) |
|
Apr 20, 2026
7w ago
|
DEFA14A
| $57.51 $57.83 | ▲ +0.56% | ▼ −0.46% | $56.71 (−1.39%) |
|
Mar 11, 2026
13w ago
|
Press Release
| $59.78 $62.09 | ▲ +3.86% | ▲ +4.46% | $56.71 (−5.14%) |
|
Mar 4, 2026
14w ago
|
Press Release
| $71.33 $66.67 | ▼ −6.53% | ▼ −5.96% | $56.71 (−20.50%) |
|
Mar 2, 2026
14w ago
|
Press Release
| $75.22 $72.58 | ▼ −3.51% | ▼ −2.60% | $56.71 (−24.61%) |
|
Mar 2, 2026
14w ago
|
Press Release
| $75.22 $72.58 | ▼ −3.51% | ▼ −2.60% | $56.71 (−24.61%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access