The financials
RadNet, Inc. by the numbers
RadNet, Inc. (RDNT) reported revenue of $623M in Q2 2026 (quarter ended Jun 30, 2026), up 25% from the same quarter a year earlier. That came with net income of $7.5M (1.2% of revenue). For the full year FY2025, revenue was $2.04B (+12% year on year) and net income −$19M. Its largest product in Q2 2026 was Commercial Insurance1 at $339M, 57% of the disclosed total, well ahead of Medicare1 at 25%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $623M | $498M | +25% |
| Operating income | $39M | $31M | +28% |
| Net income | $7.5M | $14M | −48% |
| Diluted EPS | $0.10 | $0.19 | −47% |
| Product | Revenue | Share |
|---|---|---|
| Commercial Insurance1 | $339M | 57% |
| Medicare1 | $151M | 25% |
| Other Payors | $37M | 6.2% |
| Capitation Arrangements | $30M | 5.1% |
| Medicaid1 | $14M | 2.4% |
| Workers Compensation Personal Injury1 | $14M | 2.3% |
| Health Care Management Service | $7.9M | 1.3% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $593.0M (+7.7%)
Medicare1 grew +30% year on yearCapitation Arrangements -0.12% year on year
Segment Latestquarter on quarteryear on year
- Commercial Insurance1$339.4M$339.4MQoQ +7.4%year on year +22%+7.4%+22%
- Medicare1$150.8M$150.8MQoQ +9.9%year on year +30%+9.9%+30%
- Other Payors$36.8M$36.8MQoQ +9.6%year on year +25%+9.6%+25%
- Capitation Arrangements$30.1M$30.1MQoQ -0.93%year on year -0.12%-0.93%-0.12%
- Medicaid1$14.5M$14.5MQoQ +3.3%year on year +15%+3.3%+15%
- Workers Compensation Personal Injury1$13.5M$13.5MQoQ +10.0%year on year +27%+10.0%+27%
- Health Care Management Service$7.9M$7.9MQoQ +5.0%year on year +17%+5.0%+17%
Diagnostics & Research
Ranks #11 of 17 by Smart Score