What is RadNet, Inc.'s earnings per share (EPS)?

RadNet, Inc. (RDNT) reported diluted earnings per share of -$0.25 for fiscal year 2025. This represents a -725.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

RadNet, Inc. (RDNT) Financials

RDNT

Trailing 12 months to June 30, 2026

Revenue $2.3B +18.9% YoY

Net Income -$21.1M -41.5% YoY

EPS (Diluted) -$0.27 -35.0% YoY

Operating Cash Flow $310.1M +18.5% YoY

Market Cap $5.4B as of Oct 17, 2026

Price / Sales 2.4x on $2.3B revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 4.9x on $1.1B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 17, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 10, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 10, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the RDNT SEC filings page.

RadNet, Inc. (RDNT) reported $2.3B in revenue over the twelve months to Jun 30, 2026, up 18.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI RDNT FY2025 2026-10-03

Revenue has expanded, but FY2025 exposed thin earnings after financing costs and continuing asset investment.

Operating cash flow reached $298.8M in FY2025 despite a net loss of $18.7M, so reported cash generation sat far above accounting earnings. Depreciation and amortization was $152.1M, indicating that the gap reflects substantial non-cash charges and an operating model dependent on a sizable asset base rather than high net profitability.

Revenue rose 55.1% from FY2021 to FY2025, but the latest operating margin was only 3.0%, showing that expansion did not translate proportionally into operating income.

Interest expense reached $69.9M in FY2025 against operating income of $62.0M, so financing costs exceeded the operating result before taxes. Investing cash outflow also exceeded operating cash flow in FY2025, while leverage had fallen materially since FY2021; the business is expanding its asset base without funding all reinvestment internally.

Financial Health Signals

Financial Health Score 44/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of RadNet, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

RadNet, Inc. has an operating margin of 3.0%, meaning the company retains $3 of operating profit per $100 of revenue. This results in a moderate score of 55/100, indicating healthy but not exceptional operating efficiency. This is down from 5.7% the prior year.

Growth

RadNet, Inc.'s revenue grew 11.5% year-over-year to $2.0B, a solid pace of expansion. This earns a growth score of 70/100.

Leverage

RadNet, Inc. has a moderate D/E ratio of 0.98. This balance of debt and equity financing earns a leverage score of 40/100.

Liquidity

RadNet, Inc.'s current ratio of 1.76 indicates adequate short-term liquidity, earning a score of 52/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Not available for RadNet, Inc., and counted as zero in the overall score.

Returns

RadNet, Inc. posts a -1.7% return on equity (ROE), meaning it loses $2 for every $100 of shareholders' equity. This results in a returns score of 49/100. This is down from 0.3% the prior year.

Altman Z-Score Grey Zone

2.06

RadNet, Inc. scores 2.06, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($5.4B) relative to total liabilities ($2.4B). This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

3/8

RadNet, Inc. passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed

N/A

RadNet, Inc. reported a net loss of $18.6M while generating $298.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk

0.89x

RadNet, Inc. earns $0.89 in operating income for every $1 of interest expense ($62.0M vs $69.9M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$622.7M

YoY+25.0%

QoQ+8.2%

5Y CAGR+13.3%

10Y CAGR+11.0%

RadNet, Inc. generated $622.7M in revenue in Q2 2026. This represents an increase of 25.0% from the same quarter a year earlier. Against the prior quarter it is up 8.2%.

EBITDA

$85.0M

YoY+27.1%

QoQ+303.5%

5Y CAGR+10.5%

RadNet, Inc.'s EBITDA was $85.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 27.1% from the same quarter a year earlier. Against the prior quarter it is up 303.5%.

Net Income

$7.5M

YoY-47.9%

QoQ+122.5%

5Y CAGR+21.3%

10Y CAGR+7.6%

RadNet, Inc. reported $7.5M in net income in Q2 2026. This represents a decrease of 47.9% from the same quarter a year earlier. Against the prior quarter it is up 122.5%.

EPS (Diluted)

$0.10

YoY-47.4%

QoQ+123.3%

5Y CAGR+14.9%

10Y CAGR+2.3%

RadNet, Inc. earned $0.10 per diluted share (EPS) in Q2 2026. This represents a decrease of 47.4% from the same quarter a year earlier. Against the prior quarter it is up 123.3%.

Cash & Balance Sheet

Cash & Debt

$726.3M

YoY-12.8%

QoQ+59.5%

5Y CAGR+38.8%

10Y CAGR+110.1%

RadNet, Inc. held $726.3M in cash against $1.3B in long-term debt as of Q2 2026.

Shares Outstanding

79M

YoY+2.3%

QoQ+0.1%

5Y CAGR+8.2%

10Y CAGR+5.4%

RadNet, Inc. had 79M shares outstanding in Q2 2026. This represents an increase of 2.3% from the same quarter a year earlier. Against the prior quarter it is up 0.1%.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Operating Margin

6.3%

YoY+0.1pp

QoQ+10.5pp

5Y change-2.0pp

RadNet, Inc.'s operating margin was 6.3% in Q2 2026, reflecting core business profitability. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.5 percentage points.

Net Margin

1.2%

YoY-1.7pp

QoQ+7.0pp

5Y change+0.3pp

10Y change-0.5pp

RadNet, Inc.'s net profit margin was 1.2% in Q2 2026, showing the share of revenue converted to profit. This is down 1.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.0 percentage points.

Return on Equity

0.7%

YoY-0.9pp

QoQ+3.8pp

5Y change-0.8pp

10Y change-10.2pp

RadNet, Inc.'s ROE was 0.7% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 0.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.8 percentage points.

Gross Margin

Not reported for Q2 2026.

Capital Allocation

None of these metrics is reported for Q2 2026.

RDNT Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

RDNT quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$2.3B	$2.0B+11.5%	$1.8B+13.2%	$1.6B+13.0%	$1.4B+8.7%	$1.3B+22.7%	$1.1B-7.1%	$1.2B+18.4%	$975.1M+5.7%	$922.2M+4.3%	$884.5M	N/A	N/A	N/A	$85.0M+11.8%	$76.1M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$999.7M+15.2%	$867.5M+8.1%	$802.4M+3.4%	$775.8M	N/A	$36.8M-3.8%	$38.2M+0.2%	$38.2M+20.9%	$31.6M
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$154.5M+43.6%	$107.6M-10.2%	$119.8M+10.2%	$108.7M+7.3%	$101.3M	N/A	N/A	$46.9M+5.3%	$44.5M
Operating Income	$70.8M	$62.0M-40.7%	$104.6M+6.0%	$98.7M+112.9%	$46.4M-43.8%	$82.6M+131.3%	$35.7M-48.9%	$69.9M+126.2%	$30.9M-38.3%	$50.0M+30.1%	$38.5M-1.6%	$39.1M+264.8%	$10.7M-7.8%	$11.6M-8.0%	$12.6M+50.6%	$8.4M
EBITDA	N/A	$214.1M-11.7%	$242.5M+6.8%	$227.1M+40.0%	$162.2M-9.5%	$179.2M+46.3%	$122.5M-18.6%	$150.5M+45.0%	$103.8M-11.2%	$116.8M+11.2%	$105.1M+5.4%	$99.7M+545.9%	$15.4M-5.6%	$16.4M-5.1%	$17.2M+40.8%	$12.2M
Interest Expense	$71.3M	$69.9M-12.4%	$79.8M+23.8%	$64.5M+26.8%	$50.8M+4.1%	$48.8M+6.4%	$45.9M-4.5%	$48.0M+10.6%	$43.5M+7.0%	$40.6M+193342.9%	$21K-38.2%	$34K-43.3%	$60K-30.2%	$86K-64.9%	$245K-35.7%	$381K
Income Tax	$15.7M	$14.9M+146.6%	$6.0M-28.9%	$8.5M-9.5%	$9.4M-35.7%	$14.6M+1526.8%	$895K-85.6%	$6.2M+1481.0%	$394K-98.4%	$24.3M+448.5%	$4.4M-26.2%	$6.0M+205.4%	$2.0M-44.0%	$3.5M+106.4%	-$55.2M-6835.0%	$820K
Net Income	-$21.1M	-$18.6M-768.5%	$2.8M-8.2%	$3.0M-71.5%	$10.7M-56.9%	$24.7M+266.6%	-$14.8M-200.6%	$14.8M-54.2%	$32.2M+60735.8%	$53K-99.3%	$7.2M-6.2%	$7.7M-27.7%	$10.7M-7.6%	$11.5M-6.9%	$12.4M+54.7%	$8.0M
EPS (Basic)	N/A	-$0.25-725.0%	$0.04-20.0%	$0.05-73.7%	$0.19-59.6%	$0.47+262.1%	-$0.29-196.7%	$0.30-55.2%	$0.67	$0.00-100.0%	$0.16-11.1%	$0.18+500.0%	$0.03-40.0%	$0.05-96.8%	$1.58+731.6%	$0.19
EPS (Diluted)	-$0.27	-$0.25-725.0%	$0.04-20.0%	$0.05-70.6%	$0.17-63.0%	$0.46+258.6%	-$0.29-200.0%	$0.29-56.1%	$0.66	$0.00-100.0%	$0.15-11.8%	$0.17	$0.03	$0.05	$1.52	$0.19
Diluted Shares (Avg)	N/A	75M+0.6%	75M+15.6%	65M+12.8%	57M+7.3%	53M+5.0%	51M+1.3%	50M+3.2%	49M+2.7%	47M+1.6%	47M+3.3%	45M	43M	40M	39M	39M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$622.7M+25.0%	$575.6M+22.1%	$547.7M+14.8%	$522.9M+13.4%	$498.2M+8.4%	$471.4M+9.2%	$477.1M+13.5%	$461.1M+14.7%
Operating Income	$39.5M+27.8%	-$23.9M+0.8%	$27.8M+13.5%	$27.4M-19.2%	$30.9M-11.4%	-$24.1M-312.5%	$24.5M+0.8%	$33.9M-21.6%
EBITDA	$85.0M+27.1%	$21.1M+85.1%	$68.7M+13.4%	$67.2M-2.5%	$66.9M-3.5%	$11.4M-74.0%	$60.5M+6.2%	$68.9M-8.7%
Interest Expense	$18.2M+5.6%	$17.7M+2.4%	$18.1M+0.3%	$17.4M-10.7%	$17.2M-34.1%	$17.2M+6.0%	$18.1M+8.8%	$19.4M+20.6%
Income Tax	$6.4M+676.0%	-$8.1M-138.3%	$11.1M+905.9%	$6.4M+47.3%	$820K-66.6%	-$3.4M-82.3%	$1.1M+50.1%	$4.3M-40.0%
Net Income	$7.5M-47.9%	-$33.5M+11.8%	-$595K-111.1%	$5.4M+68.8%	$14.5M+584.7%	-$37.9M-1264.7%	$5.3M+386.6%	$3.2M-81.7%
EPS (Basic)	$0.10-47.4%	-$0.43+15.7%	-$0.01-112.5%	$0.07+75.0%	$0.19+575.0%	-$0.51-1175.0%	$0.08+366.7%	$0.04-84.6%
EPS (Diluted)	$0.10-47.4%	-$0.43+15.7%	-$0.01-112.5%	$0.07+75.0%	$0.19+575.0%	-$0.51-1175.0%	$0.08+366.7%	$0.04-84.0%
Diluted Shares (Avg)	79M+4.2%	77M+3.6%	N/A	77M+3.0%	76M+2.9%	74M+7.3%	N/A	75M+9.2%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses.

RDNT Balance Sheet

RDNT quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$3.8B+14.4%	$3.3B+22.2%	$2.7B+10.5%	$2.4B+18.2%	$2.1B+15.2%	$1.8B+8.5%	$1.6B+48.5%	$1.1B+27.7%	$869.0M+2.3%	$849.5M+2293.3%	$35.5M-4.9%	$37.3M-8.2%	$40.7M-3.4%	$42.1M-4.1%	$43.9M
Current Assets	$1.0B+1.3%	$1.0B+76.0%	$579.3M+57.8%	$367.2M+13.2%	$324.3M+19.9%	$270.4M+12.1%	$241.2M+15.6%	$208.7M-11.3%	$235.4M+8.0%	$217.9M+1800.0%	$11.5M-12.3%	$13.1M+5.9%	$12.3M+2.0%	$12.1M-8.1%	$13.2M
Cash & Equivalents	$767.2M+3.7%	$740.0M+116.0%	$342.6M+168.0%	$127.8M-5.0%	$134.6M+31.9%	$102.0M+154.0%	$40.2M+286.6%	$10.4M-79.8%	$51.3M+148.7%	$20.6M+4527.4%	$446K+45.3%	$307K+6.6%	$288K-83.8%	$1.8M-14.9%	$2.1M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$200.3M+7.8%	$185.8M+13.5%	$163.7M-1.6%	$166.4M+23.2%	$135.1M+4.2%	$129.6M-16.3%	$154.8M+3.9%	$148.9M-4.2%	$155.5M-5.3%	$164.2M+2795.6%	$5.7M-23.8%	$7.4M-13.5%	$8.6M+0.1%	$8.6M+3.3%	$8.3M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$907.7M+27.7%	$710.7M+4.6%	$679.5M+0.3%	$677.7M+31.9%	$513.8M+8.7%	$472.9M+7.0%	$442.0M+5.7%	$418.1M+62.8%	$256.8M+7.2%	$239.6M	N/A	N/A	$9.9M	N/A	N/A
Total Liabilities	$2.4B+11.6%	$2.2B+14.7%	$1.9B-3.4%	$1.9B+13.4%	$1.7B+12.0%	$1.5B+8.1%	$1.4B+55.5%	$909.1M+13.8%	$799.1M+0.2%	$797.4M+29390.5%	$2.7M-90.9%	$29.6M-27.3%	$40.7M-16.5%	$48.8M-57.1%	$113.7M
Current Liabilities	$586.8M+22.3%	$479.7M+9.7%	$437.5M-6.3%	$466.7M+24.5%	$374.8M-5.9%	$398.1M+21.6%	$327.4M+36.7%	$239.5M+25.0%	$191.6M+23.3%	$155.3M+11677.2%	$1.3M-45.2%	$2.4M-19.4%	$3.0M-12.0%	$3.4M-49.6%	$6.7M
Non-Current Liabilities	$1.8B+8.5%	$1.7B+16.2%	$1.4B-2.4%	$1.5B+10.3%	$1.3B+18.3%	$1.1B+4.0%	$1.1B+62.3%	$669.6M+10.2%	$607.4M-5.4%	$642.1M+46259.7%	$1.4M-94.9%	$27.2M-27.9%	$37.7M-16.9%	$45.4M-57.6%	$107.0M
Long-Term Debt	$1.1B+7.4%	$991.6M+22.1%	$812.1M-3.2%	$839.3M+12.9%	$743.5M+21.3%	$612.9M-13.2%	$706.0M+4.5%	$675.3M+8.7%	$621.1M-4.2%	$648.3M	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.1B+20.8%	$902.3M+43.1%	$630.7M+89.4%	$333.0M+45.5%	$228.9M+38.1%	$165.7M+9.3%	$151.7M+19.3%	$127.2M+106.6%	$61.6M+18.3%	$52.1M+42.8%	$36.5M+373.6%	$7.7M+9722.5%	-$80K+98.8%	-$6.7M+90.4%	-$69.8M
Retained Earnings	-$95.4M-24.3%	-$76.8M+3.5%	-$79.6M+3.7%	-$82.6M+11.4%	-$93.3M+21.0%	-$118.0M-14.4%	-$103.2M+12.5%	-$117.9M+21.5%	-$150.2M0.0%	-$150.2M+8.7%	-$164.6M+4.5%	-$172.3M+0.8%	-$173.7M+1.2%	-$175.8M+25.4%	-$235.6M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$4.2B+20.2%	$3.9B+16.5%	$3.8B+14.4%	$3.7B+11.9%	$3.5B+8.8%	$3.3B+12.3%	$3.3B+22.2%	$3.3B+21.8%
Current Assets	$1.0B-5.4%	$740.8M-27.1%	$1.0B+1.3%	$1.1B+6.1%	$1.1B+8.9%	$1.0B+27.6%	$1.0B+76.0%	$1.0B+75.6%
Cash & Equivalents	$726.3M-12.8%	$455.3M-36.5%	$767.2M+3.7%	$804.7M+7.5%	$833.2M+12.3%	$717.3M+36.1%	$740.0M+116.0%	$748.9M+121.6%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$241.8M+20.9%	$209.1M+4.5%	$200.3M+7.8%	$210.5M+5.8%	$200.0M+2.4%	$200.1M+5.6%	$185.8M+13.5%	$199.1M+18.7%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$1.1B+49.4%	$1.1B+52.6%	$907.7M+27.7%	$827.5M+16.3%	$751.5M+6.0%	$717.5M+3.3%	$710.7M+4.6%	$711.8M+5.2%
Total Liabilities	$2.8B+21.3%	$2.5B+15.1%	$2.4B+11.6%	$2.4B+9.1%	$2.3B+9.3%	$2.2B+16.3%	$2.2B+14.7%	$2.2B+13.9%
Current Liabilities	$697.8M+27.8%	$635.6M+25.8%	$586.8M+22.3%	$574.9M+22.3%	$546.2M+15.2%	$505.4M+18.1%	$479.7M+9.7%	$470.1M+15.5%
Non-Current Liabilities	$2.1B+19.3%	$1.9B+12.0%	$1.8B+8.5%	$1.8B+5.4%	$1.8B+7.6%	$1.7B+15.7%	$1.7B+16.2%	$1.7B+13.5%
Long-Term Debt	$1.3B+20.9%	$1.1B+7.6%	$1.1B+7.4%	$1.1B+7.5%	$1.1B+7.5%	$985.5M+21.0%	$991.6M+22.1%	$996.3M+18.0%
Total Equity	$1.1B+17.6%	$1.1B+20.3%	$1.1B+20.8%	$1.1B+18.2%	$932.3M+5.8%	$898.1M+2.9%	$902.3M+43.1%	$895.3M+44.7%
Retained Earnings	-$121.4M-21.1%	-$128.9M-12.4%	-$95.4M-24.3%	-$94.8M-15.5%	-$100.3M-17.5%	-$114.7M-39.3%	-$76.8M+3.5%	-$82.1M-5.7%

Not reported in any period shown, so not listed: Inventory.

RDNT Cash Flow Statement

RDNT quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$310.1M	$298.8M+28.2%	$233.0M+5.5%	$220.9M+50.8%	$146.4M-2.1%	$149.5M-36.0%	$233.8M+124.1%	$104.3M-10.6%	$116.8M-17.9%	$142.2M+55.2%	$91.6M+36.7%	$67.0M+388.8%	$13.7M-79.4%	$66.4M-11.8%	$75.3M+30.6%	$57.6M
Depreciation & Amortization	N/A	$152.1M+10.4%	$137.8M+7.4%	$128.4M+10.8%	$115.9M+19.8%	$96.7M+11.4%	$86.8M+7.7%	$80.6M+10.6%	$72.9M+9.1%	$66.8M+0.3%	$66.6M+9.9%	$60.6M+1184.7%	$4.7M-0.2%	$4.7M+2.6%	$4.6M+19.5%	$3.9M
Stock-Based Compensation	N/A	$54.6M+83.0%	$29.8M+11.4%	$26.8M+12.7%	$23.8M-5.7%	$25.2M+103.2%	$12.4M+42.1%	$8.7M+13.9%	$7.7M+12.9%	$6.8M+16.5%	$5.8M-23.8%	$7.6M+205.9%	$2.5M-2.9%	$2.6M-5.9%	$2.7M-12.0%	$3.1M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$74.2M+2.7%	$72.2M+17.7%	$61.3M+3.5%	$59.3M+37.9%	$43.0M+6322.1%	$669K-66.0%	$2.0M+80.1%	$1.1M-57.6%	$2.6M
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$30.2M-32.3%	$44.6M-44.9%	$80.9M+149.7%	$32.4M+34.5%	$24.1M+84.5%	$13.0M-79.8%	$64.5M-13.1%	$74.2M+34.7%	$55.1M
Investing Cash Flow	-$624.2M	-$343.9M-47.5%	-$233.1M-15.7%	-$201.5M+18.4%	-$246.9M-11.5%	-$221.5M-75.5%	-$126.2M-26.9%	-$99.5M+32.2%	-$146.7M-85.0%	-$79.3M-21.1%	-$65.5M+32.3%	-$96.8M	N/A	-$50.7M+41.8%	-$87.0M+0.8%	-$87.7M
Financing Cash Flow	$210.0M	$72.2M-81.9%	$397.9M+103.4%	$195.6M+108.9%	$93.6M-10.5%	$104.7M+329.7%	-$45.6M-282.6%	$25.0M+329.6%	-$10.9M+66.3%	-$32.2M-445.6%	-$5.9M-119.7%	$29.9M	N/A	-$7.6M-179.2%	$9.6M-69.9%	$31.9M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$94.1M-21.8%	$79.0M+90.4%	$84.2M+97.9%	$52.8M-8.0%	$120.3M+3.7%	$41.5M+142.7%	$42.5M-52.2%	$57.4M+83.7%
Depreciation & Amortization	$45.5M+26.5%	$45.0M+26.7%	$40.9M+13.4%	$39.8M+13.8%	$36.0M+4.4%	$35.5M+9.6%	$36.0M+10.2%	$35.0M+8.6%
Stock-Based Compensation	N/A	$31.4M+10.1%	N/A	N/A	N/A	$28.5M+139.5%	N/A	N/A
Investing Cash Flow	-$63.6M+34.8%	-$371.0M-553.7%	-$113.9M-133.4%	-$75.7M-64.7%	-$97.5M-26.0%	-$56.8M+6.9%	-$48.8M-0.3%	-$46.0M+2.0%
Financing Cash Flow	$240.2M+159.9%	-$17.5M-133.1%	-$7.4M-249.0%	-$5.3M-22.6%	$92.4M-47.5%	-$7.5M-103.3%	-$2.1M+94.0%	-$4.3M-35.4%

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.

RDNT Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

RDNT quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	13.4%+2.4pp	11.0%-2.0pp	13.0%+0.7pp	12.3%	N/A	N/A	N/A	55.1%-3.4pp	58.5%
Operating Margin	3.0%-2.7pp	5.7%-0.4pp	6.1%+2.9pp	3.2%-3.0pp	6.3%+2.9pp	3.3%-2.7pp	6.0%+2.9pp	3.2%-2.3pp	5.4%+1.1pp	4.3%	N/A	N/A	N/A	14.9%+3.8pp	11.0%
Net Margin	-0.9%-1.1pp	0.1%0.0pp	0.2%-0.6pp	0.7%-1.1pp	1.9%+3.3pp	-1.4%-2.7pp	1.3%-2.0pp	3.3%+3.3pp	0.0%-0.8pp	0.8%	N/A	N/A	N/A	14.6%+4.0pp	10.5%
Return on Equity	-1.7%-2.0pp	0.3%-0.2pp	0.5%-2.7pp	3.2%-7.6pp	10.8%+19.8pp	-8.9%-18.7pp	9.7%-15.6pp	25.4%+25.3pp	0.1%-13.8pp	13.9%-7.3pp	21.1%-117.4pp	138.5%	N/A	N/A	N/A
Return on Assets	-0.5%-0.6pp	0.1%0.0pp	0.1%-0.3pp	0.4%-0.8pp	1.2%+2.0pp	-0.8%-1.7pp	0.9%-2.0pp	2.9%+2.9pp	0.0%-0.8pp	0.9%-20.9pp	21.7%-6.9pp	28.6%+0.2pp	28.4%-1.0pp	29.4%+11.2pp	18.3%
Current Ratio	1.76-0.4x	2.12+0.8x	1.32+0.5x	0.79-0.1x	0.87+0.2x	0.68-0.1x	0.74-0.1x	0.87-0.4x	1.23-0.2x	1.40-7.3x	8.70+3.3x	5.44+1.3x	4.14+0.6x	3.57+1.6x	1.96
Debt-to-Equity	0.98-0.1x	1.10-0.2x	1.29-1.2x	2.52-0.7x	3.25-0.4x	3.70-1.0x	4.65-0.7x	5.31-4.8x	10.09-2.4x	12.45+12.4x	0.07-3.8x	3.85	N/A	N/A	N/A
Asset Turnover	0.540.0x	0.560.0x	0.600.0x	0.59-0.1x	0.640.0x	0.60-0.1x	0.70-0.2x	0.88-0.2x	1.060.0x	1.04	N/A	N/A	N/A	2.02+0.3x	1.73
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	2.6%-2.0pp	4.6%-4.2pp	8.8%+5.1pp	3.7%	N/A	N/A	N/A	87.2%+14.9pp	72.4%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Margin	6.3%+0.1pp	-4.2%+1.0pp	5.1%-0.1pp	5.2%-2.1pp	6.2%-1.4pp	-5.1%-7.7pp	5.1%-0.6pp	7.3%-3.4pp
Net Margin	1.2%-1.7pp	-5.8%+2.2pp	-0.1%-1.2pp	1.0%+0.3pp	2.9%+3.6pp	-8.1%-7.4pp	1.1%+1.6pp	0.7%-3.7pp
Return on Equity	0.7%-0.9pp	-3.1%+1.1pp	-0.1%-0.6pp	0.5%+0.2pp	1.6%+1.9pp	-4.2%-3.9pp	0.6%+0.9pp	0.4%-2.5pp
Return on Assets	0.2%-0.2pp	-0.9%+0.3pp	0.0%-0.2pp	0.1%+0.1pp	0.4%+0.5pp	-1.1%-1.1pp	0.2%+0.2pp	0.1%-0.5pp
Current Ratio	1.48-0.5x	1.17-0.8x	1.76-0.4x	1.87-0.3x	2.00-0.1x	2.01+0.2x	2.12+0.8x	2.16+0.7x
Debt-to-Equity	1.190.0x	0.98-0.1x	0.98-0.1x	1.01-0.1x	1.160.0x	1.10+0.2x	1.10-0.2x	1.11-0.3x
Asset Turnover	0.150.0x	0.150.0x	0.150.0x	0.140.0x	0.140.0x	0.140.0x	0.150.0x	0.140.0x

Not reported in any period shown, so not listed: Gross Margin, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
RadNet, Inc. RDNT	FY2025	$2.0B	-$18.6M	-0.9%	$5.4B	44/100
Guardant Health, Inc. GH	FY2025	$982.0M	-$416.3M	-42.4%	$21.3B	63/100
Sotera Health Company SHC	FY2025	$1.2B	$77.9M	6.7%	$5.1B	57/100
Charles River Laboratories International, Inc. CRL	FY2025	$4.0B	-$144.3M	-3.6%	$14.3B	39/100
Revvity, Inc. RVTY	FY2025	$2.9B	$241.2M	8.5%	$17.0B	51/100
GeneDx Holdings Corp. WGS	FY2025	$427.5M	-$21.0M	-4.9%	$1.9B	48/100

Where RadNet, Inc. Ranks

Frequently Asked Questions

What is RadNet, Inc.'s annual revenue?

RadNet, Inc. (RDNT) reported $2.0B in total revenue for fiscal year 2025. This represents a 11.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is RadNet, Inc.'s revenue growing?

RadNet, Inc. (RDNT) revenue grew by 11.5% year-over-year, from $1.8B to $2.0B in fiscal year 2025.

Is RadNet, Inc. profitable?

No, RadNet, Inc. (RDNT) reported a net income of -$18.6M in fiscal year 2025, with a net profit margin of -0.9%.

What is RadNet, Inc.'s EBITDA?

RadNet, Inc. (RDNT) had EBITDA of $214.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does RadNet, Inc. have?

As of fiscal year 2025, RadNet, Inc. (RDNT) had $767.2M in cash and equivalents against $1.1B in long-term debt.

What is RadNet, Inc.'s operating margin?

RadNet, Inc. (RDNT) had an operating margin of 3.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is RadNet, Inc.'s net profit margin?

RadNet, Inc. (RDNT) had a net profit margin of -0.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is RadNet, Inc.'s return on equity (ROE)?

RadNet, Inc. (RDNT) has a return on equity of -1.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is RadNet, Inc.'s operating cash flow?

RadNet, Inc. (RDNT) generated $298.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are RadNet, Inc.'s total assets?

RadNet, Inc. (RDNT) had $3.8B in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does RadNet, Inc. have outstanding?

RadNet, Inc. (RDNT) had 78M shares outstanding as of fiscal year 2025.

What is RadNet, Inc.'s current ratio?

RadNet, Inc. (RDNT) had a current ratio of 1.76 as of fiscal year 2025, which is generally considered healthy.

What is RadNet, Inc.'s debt-to-equity ratio?

RadNet, Inc. (RDNT) had a debt-to-equity ratio of 0.98 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is RadNet, Inc.'s return on assets (ROA)?

RadNet, Inc. (RDNT) had a return on assets of -0.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is RadNet, Inc.'s P/E ratio?

RadNet, Inc. (RDNT) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $5.4B as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is RadNet, Inc.'s price-to-sales ratio?

RadNet, Inc. (RDNT) trades at 2.4x sales, its market capitalization divided by revenue of $2.3B revenue, trailing 12 months to June 30, 2026. The market capitalization is $5.4B as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is RadNet, Inc.'s Altman Z-Score?

RadNet, Inc. (RDNT) has an Altman Z-Score of 2.06, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is RadNet, Inc.'s Piotroski F-Score?

RadNet, Inc. (RDNT) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are RadNet, Inc.'s earnings high quality?

RadNet, Inc. (RDNT) reported a net loss of $18.6M while generating $298.8M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can RadNet, Inc. cover its interest payments?

RadNet, Inc. (RDNT) has an interest coverage ratio of 0.89x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is RadNet, Inc.?

RadNet, Inc. (RDNT) scores 44 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.