RadNet, Inc. (RDNT) Financial Statements
Industry: Medical Laboratories (Services)
In fiscal 2025, RadNet reported revenue of $2.04B, up 11.5% from $1.83B the year before. Net income was -$18.7M (a -0.9% net margin), or -$0.25 per diluted share. Operating margin was 3.0%. Operating activities generated $298.8M of cash. At fiscal year end, RadNet held $3.76B in total assets against $2.40B in total liabilities, including $767.2M of cash and equivalents.
Open the full interactive RadNet financials → Quarterly statements, key ratios, valuation history and price charts.
RadNet Key Stats
| Share Price | $71.51 |
|---|---|
| Market Cap | $5.63B |
| Revenue YoY Growth | +11.5% |
| 52-Week Range | $51.87 – $84.48 |
| Shares Outstanding | 77.8 million (basic, 2026 Q2) |
RadNet Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.07B | $1.32B | $1.43B | $1.62B | $1.83B | $2.04B |
| Operating Income | $35.7M | $82.6M | $46.4M | $98.7M | $104.6M | $62.0M |
| Pre-Tax Income | -$854,000 | $58.9M | $43.0M | $38.8M | $44.9M | $31.9M |
| Income Tax | $895,000 | $14.6M | $9.4M | $8.5M | $6.0M | $14.9M |
| Net Income | -$14.8M | $24.7M | $10.7M | $3.0M | $2.8M | -$18.7M |
| Diluted EPS | -$0.29 | $0.46 | $0.17 | $0.05 | $0.04 | -$0.25 |
RadNet Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $522.9M | $547.7M | $575.6M | $622.7M |
| Net Income | $5.4M | -$597,000 | -$33.5M | $7.5M |
| Diluted EPS | $0.07 | -$0.01 | -$0.43 | $0.10 |
RadNet Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $102.0M | $134.6M | $127.8M | $342.6M | $740.0M | $767.2M |
| Current Assets | $270.4M | $324.3M | $367.2M | $579.3M | $1.02B | $1.03B |
| Total Assets | $1.79B | $2.06B | $2.43B | $2.69B | $3.29B | $3.76B |
| Current Liabilities | $398.1M | $374.8M | $466.7M | $437.5M | $479.7M | $586.8M |
| Total Long-Term Debt | $662.4M | $754.7M | $851.7M | $830.0M | $1.02B | $1.09B |
| Total Liabilities | $1.53B | $1.71B | $1.94B | $1.88B | $2.15B | $2.40B |
| Shareholders' Equity | $165.7M | $228.9M | $333.0M | $630.7M | $902.3M | $1.09B |
RadNet Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $233.8M | $149.5M | $146.4M | $220.9M | $233.0M | $298.8M |
| Cash From Investing | -$126.2M | -$221.5M | -$246.9M | -$201.5M | -$233.1M | -$343.9M |
| Cash From Financing | -$45.6M | $104.7M | $93.6M | $195.6M | $397.9M | $72.2M |
Figures from RadNet's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full RadNet financials page for every line item.
RadNet Company Profile
| Ticker | RDNT |
|---|---|
| Exchange | Nasdaq |
| Industry | Medical Laboratories (Services) |
| Headquarters | Los Angeles, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000790526 |
Frequently Asked Questions
What was RadNet's revenue in fiscal 2025?
RadNet (RDNT) reported revenue of $2.04B for fiscal 2025.
What is RadNet's annual revenue history?
RadNet's annual revenue by fiscal year: 2020: $1.07B; 2021: $1.32B; 2022: $1.43B; 2023: $1.62B; 2024: $1.83B; 2025: $2.04B.
What was RadNet's net income in fiscal 2025?
RadNet reported net income of -$18.7M for fiscal 2025.
What was RadNet's earnings per share (EPS) in fiscal 2025?
RadNet's diluted EPS was -$0.25 for fiscal 2025 (adjusted for any later stock splits).
What was RadNet's revenue last quarter?
In its most recent reported quarter (2026 Q2), RadNet reported revenue of $622.7M.
How much debt does RadNet have?
RadNet reported $1.09B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of RadNet are outstanding?
RadNet reported a weighted average of 77.8 million basic shares outstanding in 2026 Q2.
What is RadNet's market cap?
Based on its latest closing price, RadNet (RDNT) has a market capitalization of about $5.63B.
When does RadNet's fiscal year end?
RadNet's fiscal year end, as registered with the SEC, is December 31.
Where is RadNet headquartered?
RadNet lists its business address in Los Angeles, California in its SEC filings.