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RadNet (RDNT)

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Earnings summaries and quarterly performance for RadNet.

Recent press releases and 8-K filings for RDNT.

RadNet Reports Strong 2025 Performance, Provides Robust 2026 Guidance, and Details Strategic Acquisitions
RDNT
Guidance Update
Revenue Acceleration/Inflection
M&A
  • RadNet reported strong 2025 performance with revenue up over 14.8% and substantial EBITDA growth, and provided 2026 guidance for revenue growth of 17%-19% and EBITDA growth of 18%-22%.
  • The company completed its largest acquisition, Gleamer, to expand its AI offerings in X-ray, expecting $7 million in revenue synergies and profitability within 12 months.
  • RadNet's digital health segment is projected to grow over 50% in 2026, with a strategic goal to reduce RadNet's customer concentration from 45% of digital health revenue in 2025 to below 20% by the end of 2028.
  • Despite a challenging labor market, RadNet aims to improve company-wide EBITDA margins by 100-150 basis points by the end of 2028 through efficiency initiatives like TechLive and See-Mode.
  • The company continues to secure strong rate increases from capitated and commercial payers, leveraging the lower cost of outpatient imaging compared to hospitals.
5 hours ago
RadNet Discusses 2026 Outlook and Strategic Initiatives at Barclays Conference
RDNT
Guidance Update
M&A
New Projects/Investments
  • RadNet reported a strong 2025 with revenue up over 14.8% and substantial EBITDA growth, and provided 2026 guidance for revenue growth between 17%-19% and EBITDA growth between 18%-22%, implying margin improvement.
  • The company projects over 50% growth in its digital health segment for 2026, fueled by organic expansion and strategic acquisitions, notably Gleamer, which enhances AI capabilities in X-ray and has achieved over 90% compound annual growth rate (CAGR) in annual recurring revenue (ARR) since 2022.
  • To counter a challenging labor market, RadNet is deploying technologies such as TechLive for remote MRI scanning and C-mode for automated thyroid ultrasounds, aiming to increase efficiency, reduce exam room closure hours, and decrease exam times by 30%-50%.
6 hours ago
RadNet Discusses Strong 2025 Performance, 2026 Outlook, and Strategic AI Acquisition
RDNT
Guidance Update
M&A
New Projects/Investments
  • RadNet reported a strong 2025, with revenue up over 14.8% and substantial EBITDA growth, and provided 2026 guidance projecting revenue growth of 17%-19% and EBITDA growth of 18%-22%.
  • The company recently completed its largest acquisition, Gleamer, to enhance its AI offerings, particularly in X-ray, with Gleamer's annual recurring revenue (ARR) growing over 90% compound annual growth rate since 2022.
  • RadNet's digital health segment is projected to grow over 50% in 2026, with the reliance on RadNet as a customer for this segment expected to decrease from 45% of revenue in 2025 to 33% in 2026, and below 20% by the end of 2028.
  • Despite a challenging labor market, RadNet aims to increase company-wide EBITDA margins by 100-150 basis points by the end of 2028 through efficiency initiatives like TechLive and C-mode.
6 hours ago
RadNet acquires Gleamer
RDNT
M&A
New Projects/Investments
Revenue Acceleration/Inflection
  • RadNet's digital health arm, DeepHealth, has acquired Gleamer, a Paris-based artificial intelligence company, for an all-cash transaction of up to EUR 230 million ($270 million).
  • The acquisition expands the combined entity's portfolio to 26 FDA cleared and 22 CE marked devices and accelerates commercial reach to over 2,700 customer contracts across 50 countries.
  • Gleamer has demonstrated 90% annual recurring revenue (ARR) growth over the last four years and is expected to deliver $30 million ARR in 2026.
  • The combined DeepHealth and Gleamer entity is guided to achieve $135 million-$145 million in revenue for 2026, with $120 million-$140 million in ARR and an 80%-90% ARR growth versus 2025.
  • The acquisition is expected to generate $7 million in revenue synergies and $4 million in cost synergies, with Gleamer currently having a negative EBITDA of $4 million-$5 million on a run rate, and is projected to reach break-even by mid-2027.
7 days ago
RadNet Acquires AI Company Gleamer
RDNT
M&A
Guidance Update
New Projects/Investments
  • RadNet announced the acquisition of Gleamer, a Paris-based AI company specializing in clinical AI solutions for radiology, in an all-cash transaction valued at up to EUR 230 million ($270 million USD).
  • Gleamer, which has demonstrated 90% annual recurring revenue (ARR) growth over the last four years, is expected to contribute $30 million in ARR for 2026.
  • The combined entity (DeepHealth and Gleamer) is projected to achieve $135 million-$145 million in revenue for 2026, with $120 million-$140 million in ARR and an 80%-90% ARR growth versus 2025.
  • RadNet anticipates realizing over $7 million in revenue synergies and over $4 million in cost synergies, with cost synergies expected to help Gleamer reach break-even by mid-2027. The acquisition strategically completes RadNet's multimodality AI capabilities, particularly in X-ray imaging.
7 days ago
RadNet's DeepHealth Acquires AI Company Gleamer
RDNT
M&A
New Projects/Investments
Revenue Acceleration/Inflection
  • RadNet's DeepHealth division announced the acquisition of Gleamer, an AI-enabled health informatics company, for an all-cash transaction of up to EUR 230 million ($270 million).
  • The acquisition significantly expands DeepHealth's clinical AI portfolio, increasing the combined entity's regulatory clearances to 26 FDA cleared and 22 CE marked devices and over 75 indications, particularly strengthening X-ray capabilities.
  • Gleamer is projected to contribute $30 million in annual recurring revenue (ARR) for 2026 and has demonstrated 90% ARR growth over the last four years.
  • The combined DeepHealth and Gleamer entity is expected to achieve $135 million-$145 million in revenue for 2026, with $120 million-$140 million in ARR and an 80%-90% ARR growth versus 2025.
  • The acquisition anticipates over $7 million in revenue synergies and over $4 million in cost synergies, with cost synergies expected to be captured earlier, aiming for Gleamer to reach break-even by mid-2027.
7 days ago
RadNet Provides 2026 Guidance and Discusses Strategic Initiatives
RDNT
Guidance Update
M&A
New Projects/Investments
  • RadNet provided 2026 guidance, anticipating 16% to 18% revenue growth for its imaging center side and around 50% growth for its digital health side, with imaging center EBITDA expected to grow faster than revenue.
  • The company expects a $7 million to $9 million impact on Q1 2026 from bad weather in the Mid-Atlantic and Northeast regions, compared to a $15 million EBITDA impact from weather and fires in the prior year.
  • RadNet acquired Radiology Regional for $65 million, a practice generating over $100 million in revenue from 13 centers in Southwest Florida, which is expected to contribute mid to high single digits in EBITDA.
  • The company also acquired Gleamer, an AI-assisted X-ray reading technology, and anticipates four FDA approvals in the next couple of quarters for AI products related to lung, prostate MRI, breast arterial calcification, and breast ultrasound.
  • Advanced imaging modalities (MRI, CT, PET CT) represented 28.6% of volume in Q4, a 178 basis point increase year-over-year, and account for over 60% of total revenue.
Mar 3, 2026, 7:15 PM
RadNet Provides 2026 Guidance and Strategic Updates at Raymond James Conference
RDNT
Guidance Update
M&A
New Projects/Investments
  • RadNet anticipates 16% to 18% revenue growth for its imaging centers and around 50% revenue growth for its digital health segment in 2026, with imaging center EBITDA expected to grow faster than revenue.
  • The company expects mid to high single-digit EBITDA contribution from recent imaging center acquisitions, including a major acquisition in Southwest Florida for $65 million which generates over $100 million in revenue.
  • Key growth drivers include mid-single digit same-store procedure volume growth for MRI and CT, double-digit growth for PET CT, and a 178 basis point increase in advanced imaging as a percentage of total volume in Q4.
  • Headwinds for 2026 include an estimated $30 million impact from 4% same-center labor cost increases and a projected $7 million-$9 million impact in Q1 from winter weather conditions.
  • RadNet is integrating AI solutions, including the recent acquisition of Gleamer for X-ray AI-assisted reads, and expects four FDA approvals for AI products within the next couple of quarters, including a lung cancer detection solution.
Mar 3, 2026, 7:15 PM
RadNet Provides 2026 Guidance and Strategic Updates
RDNT
Guidance Update
M&A
New Projects/Investments
  • RadNet projects 16% to 18% revenue growth for its imaging centers and around 50% growth for its digital health segment in 2026, with imaging center EBITDA expected to grow faster than revenue.
  • Growth is anticipated from mid-single digit same-center organic growth in advanced imaging modalities, contributions from two imaging center acquisitions (including Radiology Regional), new de novo centers, and a $4 million-$5 million Medicare reimbursement benefit.
  • The company expects headwinds from approximately 4% same-center labor cost increases (around $30 million) and an estimated $7 million-$9 million impact from Q1 2026 weather conditions.
  • RadNet is advancing its digital health strategy, including the acquisition of Gleamer for AI-assisted X-ray reads (X-ray is 23.5% of volume), and anticipates four FDA approvals for AI products in the coming quarters, alongside efforts to achieve potential 10% savings from its $60 million human call center costs through automation.
Mar 3, 2026, 7:15 PM
RadNet's DeepHealth Acquires Gleamer
RDNT
M&A
New Projects/Investments
Revenue Acceleration/Inflection
  • RadNet's DeepHealth has acquired Gleamer, a Paris-based startup, positioning the combined entity as the largest radiology AI provider worldwide.
  • The combined entity is guided to deliver $135 million-$145 million in revenue and $120 million-$140 million in Annual Recurring Revenue (ARR) for 2026, implying an 80%-90% ARR growth.
  • This acquisition expands the clinically validated portfolio to over 75 indications and is expected to generate $7 million-plus in revenue run rate increase from commercial synergies and $2 million in direct cost savings.
  • The integration significantly enhances DeepHealth's capabilities and workforce, bringing Gleamer's 131 employees, including over 70 in R&D, to accelerate product development and market reach.
Mar 2, 2026, 6:00 PM