RDNT on Nasdaq

RadNet, Inc.

In its 2026 annual report the company says: “We are a leading national provider of diagnostic imaging services in the United States based on number of locations and annual imaging revenue. Our principal business segment is the provision of diagnostic imaging services. Our Imaging Centers segment provides physicians with capabilities to facilitate the diagnosis and treatment of diseases and disorders and may reduce unnecessary invasive procedures, often reducing the cost and amount of care for patients.”4 It is headquartered in Los Angeles, California.1 Its shares trade on Nasdaq under the symbol RDNT.1

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Last updated Oct 21, 2026.

Overview

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  • TickerRDNT on Nasdaq1
  • IndustryServices-Medical Laboratories1
  • HeadquartersLos Angeles, California1
  • Incorporated inDE2
  • Business address1510 Cotner Ave, Los Angeles, Ca 900252
  • Filer categoryLarge accelerated filer2

We are a leading national provider of diagnostic imaging services in the United States based on number of locations and annual imaging revenue. We have been in business since 1985. Our principal business segment is the provision of diagnostic imaging services. As of December 31, 2025, we operated, directly or indirectly through hospital and health system joint ventures, 418 imaging centers located in Arizona, California, Delaware, Florida, Maryland, Virginia, New Jersey, Texas and New York.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

3.0%Operating margin5
-0.9%Net margin5
11.5%Revenue growth, 20255
-1.7%Return on equity5
0.98×Debt to equity5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Commercial Insurance1 brought in 55% of the revenue RadNet, Inc. broke down this way in fiscal 2025.

  1. Commercial Insurance1$1.1B555%up 11% from 2024
  2. Medicare1$477.0M523%up 16% from 2024
  3. Capitation Arrangements$125.5M56%down 8% from 2024
  4. Other Payors$118.6M56%up 13% from 2024
  5. Health Care, Other$65.0M53%up 39% from 2024
  6. Medicaid1$51.7M53%up 16% from 2024
  7. Workers' Compensation/Personal Injury1$44.7M52%up 2% from 2024
  8. Health Care, Management Service$27.5M51%up 12% from 2024
Products and services by year
Products and services202320242025
Commercial Insurance1$879.8M$1.0B$1.1B
Medicare1$356.5M$410.1M$477.0M
Capitation Arrangements$153.4M$136.6M$125.5M
Other Payors$87.7M$104.9M$118.6M
Health Care, Other$32.6M$46.7M$65.0M
Medicaid1$42.3M$44.7M$51.7M
Workers' Compensation/Personal Injury1$46.4M$43.7M$44.7M
Health Care, Management Service$17.9M$24.7M$27.5M

Business segments

Imaging Centers brought in 96% of the revenue RadNet, Inc. broke down this way in fiscal 2025.

  1. Imaging Centers$2.0B596%up 11% from 2024
  2. Digital Health$92.7M54%up 41% from 2024
Business segments by year
Business segments202320242025
Imaging Centers$1.6B$1.8B$2.0B
Digital Health$49.6M$65.7M$92.7M

Regions

United States brought in 98% of the revenue RadNet, Inc. broke down this way in fiscal 2025.

  1. United States$2.0B598%up 11% from 2024
  2. Outside the United States$34.0M52%up 25% from 2024
Regions by year
Regions202320242025
United States$1.6B$1.8B$2.0B
Outside the United States$16.9M$27.2M$34.0M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs99¢$2.0B
  • Income tax1¢$14.9M

Out of $2.0B in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Kept or used elsewhere100¢$298.8M

Out of $298.8M of cash from operations.5

Financial statements

Revenue67895$2.0B in 2025+77% since 2019
0$1.0B$2.0B$3.0B2019: $1.2B$1.2B20192020: $1.1B$1.1B2020−7%2021: $1.3B$1.3B2021+23%2022: $1.4B$1.4B2022+9%2023: $1.6B$1.6B2023+13%2024: $1.8B$1.8B2024+13%2025: $2.0B$2.0B2025+12%
Operating income67895$62.0M in 2025−11% since 2019
0$50.0M$100.0M$150.0M2019: $69.9M$69.9M20192020: $35.7M$35.7M2020−49%2021: $82.6M$82.6M2021+131%2022: $46.4M$46.4M2022−44%2023: $98.7M$98.7M2023+113%2024: $104.6M$104.6M2024+6%2025: $62.0M$62.0M2025−41%
Net income67895-$18.7M in 2025
-$20.0M0$20.0M$40.0M2019: $14.8M$14.8M20192020: -$14.8M-$14.8M20202021: $24.7M$24.7M20212022: $10.7M$10.7M2022−57%2023: $3.0M$3.0M2023−71%2024: $2.8M$2.8M2024−8%2025: -$18.7M-$18.7M2025

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2025-12-312024-12-312023-12-31
Total service revenue$2.0B$1.8B$1.6B
Cost of operations, excluding depreciation and amortization$1.8B$1.6B$1.4B
Lease abandonment charges$8.6M$2.5M$5.1M
Depreciation and amortization$152.1M$137.8M$128.4M
Gain on contribution of imaging centers into joint venture$0$0-$16.8M
Loss on sale and disposal of equipment$9.7M$2.3M$2.2M
Severance costs$3.1M$1.9M$3.8M
Total operating expenses$2.0B$1.7B$1.5B
INCOME FROM OPERATIONS$62.0M$104.6M$98.7M
Interest expense$69.9M$79.8M$64.5M
Equity in earnings of joint ventures-$14.9M-$14.5M-$6.4M
Non-cash change in fair value of interest rate swaps$7.1M$8.0M$8.2M
Debt restructuring and extinguishment expenses$0$11.3M$0
Other income-$32.1M-$24.9M-$6.4M
Total other expenses$30.1M$59.8M$59.9M
Income before income taxes$31.9M$44.9M$38.8M
Provision for income taxes-$14.9M-$6.0M-$8.5M
NET INCOME$17.0M$38.8M$30.3M
Net income attributable to noncontrolling interest$35.7M$36.0M$27.3M
NET (LOSS) INCOME ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS-$18.7M$2.8M$3.0M
BASIC NET (LOSS) INCOME PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS (in dollars per share)-$0.25$0.04$0.05
DILUTED NET (LOSS) INCOME PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS (in dollars per share)-$0.25$0.04$0.05
Basic (in shares)75.2M shares73.0M shares63.6M shares
Diluted (in shares)75.2M shares74.8M shares64.7M shares

Compare RadNet, Inc. with another company

Corporate structure

RadNet, Inc. sits at the top of its group. 102 entities, 8 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of RadNet, Inc.

  • RTW INVESTMENTS, LP Filed SCHEDULE 13G/A on RadNet, Inc., latest Aug 14, 2026 (2 filings since Feb 17, 2026)
  • PRICE T ROWE ASSOCIATES INC /MD/ Filed SCHEDULE 13G on RadNet, Inc., latest May 15, 2026
  • VANGUARD PORTFOLIO MANAGEMENT LLC Filed SCHEDULE 13G on RadNet, Inc., latest Apr 29, 2026
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on RadNet, Inc., latest Mar 27, 2026 (7 filings since Feb 10, 2022)
  • BlackRock Filed SCHEDULE 13G/A on RadNet, Inc., latest Oct 17, 2025 (5 filings since Jan 25, 2022)
  • Sandy Nyholm Kaminsky Filed SC 13G/A on RadNet, Inc., latest Oct 24, 2024
  • BECK MACK & OLIVER LLC Filed SC 13G/A on RadNet, Inc., latest Feb 14, 2024 (2 filings since Feb 8, 2023)
  • RadNet, Inc. Los Angeles, California
    • Advanced /Upper Chesapeake Health Center, LLC Subsidiary · Maryland, United States
    • Advanced Imaging at St. Joseph Medical Center, LLC Subsidiary · Maryland, United States
    • Advanced Imaging at Timonium Crossing, LLC Subsidiary · Maryland, United States
    • Advanced Imaging Partners, Inc. Subsidiary · Delaware, United States
    • Advanced NA, LLC Subsidiary · Delaware, United States
    • Advanced PET Imaging of Maryland, L.P. Subsidiary · Maryland, United States
    • Advanced Radiology at Aberdeen, LLC Subsidiary · Maryland, United States
    • Advanced Radiology, LLC Subsidiary · Maryland, United States
    • Aidence B.V. Subsidiary · Netherlands
    • Aidence UK Ltd. Subsidiary · United Kingdom
    • American Radiology Services LLC Subsidiary · Delaware, United States
    • American Radiology Services of Delaware, Inc. Subsidiary · Delaware, United States
    • Aquila Medical Innovation, Inc. Subsidiary · Delaware, United States
    • Arizona Diagnostic Radiology Group, LLC Subsidiary · Delaware, United States
    • Arizona Imaging Services, LLC Subsidiary · Delaware, United States
    • Baltimore County Radiology, LLC Subsidiary · Maryland, United States
    • Baltimore Washington Imaging Center, LLC Subsidiary · Maryland, United States
    • Beach Imaging Group, LLC Subsidiary · California, United States
    • Calvert Medical Imaging Centers, LLC Subsidiary · Maryland, United States
    • Capital Imaging at Capital Region, LLC Subsidiary · Maryland, United States
    • Carroll County Radiology, LLC Subsidiary · Maryland, United States
    • CIMAR CLOUD (EU) LIMITED (IRELAND) Subsidiary · Ireland
    • CIMAR UK LIMITED (UK) Subsidiary · United Kingdom
    • Community Imaging Partners, Inc. Subsidiary · Delaware, United States
    • DeepHealth, Inc. Subsidiary · Delaware, United States
    • and 76 more

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What RadNet, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$807.7M5 Dec 31, 2025$694.8M5 Dec 31, 2024+16.3%
Finance-lease assets$401.0K5 Dec 31, 2025$488.0K5 Dec 31, 2024−17.8%
Operating-lease assets (leased space)$690.2M5 Dec 31, 2025$639.7M5 Dec 31, 2024+7.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$767.2M5 Dec 31, 2025$740.0M5 Dec 31, 2024+3.7%
Stakes in other companies (equity method)$10.8M5 Dec 31, 2025$8.0M9 Dec 31, 2024+35.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$907.7M5 Dec 31, 2025$710.7M5 Dec 31, 2024+27.7%
Intangible assets, net (excluding goodwill)$148.5M5 Dec 31, 2025$81.4M9 Dec 31, 2024+82.6%
Indefinite-lived intangibles (excluding goodwill)$18.5M5 Dec 31, 2025$13.0M5 Dec 31, 2024+42.3%

Properties, in its own words

Our corporate headquarters is located in adjoining premises at 1508, 1510 and 1516 Cotner Avenue, Los Angeles, California 90025, and approximately 21,500 square feet is occupied under these leases, which including options, expire June 30, 2037. We also have a regional office of approximately 35,400 square feet in Baltimore, Maryland under a lease, which including options, expires September 30, 2028. In addition, we lease approximately 35,000 square feet of warehouse space nationwide, which expire at various dates, including options, through December 31, 2028.

At December 31, 2025, we operated directly or indirectly through hospital and health system joint ventures, 418 centers located in Arizona, California, Delaware, Florida, Maryland, Virginia, New Jersey, New York, and Texas. We lease the premises at which these facilities are located and do not have options to purchase the facilities we rent. Our most common initial lease term varies in length from 5 to 15 years. Factoring in renewal options, we can have a total span of 10 to 35 years at the facilities we lease. We also lease smaller satellite X-Ray locations, usually for one year terms, that are renewable on mutual

The rest of Item 2

consent with the landlord. Rental increases can range from 1% to 10% on an annual basis, depending on the location and market conditions where we do business.

As of December 31, 2025, total square footage operated directly or indirectly under lease, including medical office, administrative and warehouse locations, was approximately 3.2 million square feet. All leasing activity described relates solely to our Imaging Center segment, as our Digital Health leasing activity is currently immaterial.

Item 2 of the 10-K filed Mar 2, 2026.4

Leadership

Who has led RadNet, Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (26)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Advanced /Upper Chesapeake Health Center, LLC Maryland3
  • Advanced Imaging Partners, Inc. Delaware3
  • Advanced Imaging at St. Joseph Medical Center, LLC Maryland3
  • Advanced Imaging at Timonium Crossing, LLC Maryland3
  • Advanced NA, LLC Delaware3
  • Advanced PET Imaging of Maryland, L.P. Maryland3
  • Advanced Radiology at Aberdeen, LLC Maryland3
  • Advanced Radiology, LLC Maryland3
  • Aidence B.V. Netherlands3
  • Aidence UK Ltd. England3
  • Aidence UK, Ltd United Kingdom3
  • American Radiology Services LLC Delaware3
  • American Radiology Services of Delaware, Inc. Delaware3
  • Aquila Medical Innovation, Inc. Delaware3
  • Arizona Diagnostic Radiology Group, LLC Delaware3
  • Arizona Imaging Services, LLC Delaware3
  • Baltimore County Radiology, LLC Maryland3
  • Baltimore Washington Imaging Center, LLC Maryland3
  • Beach Imaging Group, LLC California3
  • CIMAR CLOUD (EU) LIMITED (IRELAND) Ireland3
  • CIMAR UK LIMITED (UK) England3
  • Calvert Medical Imaging Centers, LLC Maryland3
  • Capital Imaging at Capital Region, LLC Maryland3
  • Carroll County Radiology, LLC Maryland3
All 107 listed subsidiaries
  • Community Imaging Partners, Inc. Delaware3
  • DH AI International Holdings B.V. Netherlands3
  • DeepHealth, Inc. Delaware3
  • Delaware Imaging Partners, Inc. Delaware3
  • Diagnostic Imaging Services, Inc. Delaware3
  • Diagnostic Village, LLC California3
  • FRI II, Inc. California3
  • FRI, Inc. California3
  • Franklin Imaging, LLC Maryland3
  • Frederick County Radiology, LLC Maryland3
  • Garden State Radiology Network, LLC New Jersey3
  • Glendale Advanced Imaging Center, LLC California3
  • Greater Baltimore Diagnostic Imaging Partnership Maryland3
  • Health Diagnostics of New Jersey, LLC New Jersey3
  • Heart and Lung Imaging Limited United Kingdom3
  • ISSI Acquisition Corp. Delaware3
  • Idaho Imaging Services, Inc. Delaware3
  • Ide Imaging Partners, Inc. Delaware3
  • Image Medical Corporation Delaware3
  • Imaging On Call, LLC New York3
  • Imaging Services Company of New York, LLC New York3
  • Indiana Imaging Services, Inc. Delaware3
  • Integrated Health Network, Inc. New Jersey3
  • Kepdoktor Kft Hungary3
  • Kheiron Medical Technologies B.V. Netherlands3
  • Kheiron Medical Technologies Inc. Delaware3
  • Kheiron Medical Technologies KFT Hungary3
  • Kheiron Medical Technologies Ltd. England and Wales3
  • Mid Rockland Imaging Partners, Inc. Delaware3
  • Mission Advanced Imaging Center, LLC California3
  • Montgomery Community Magnetic Imaging Center Limited Partnership Maryland3
  • Mount Airy Imaging Center, LLC Maryland3
  • New Jersey Imaging Network, LLC New Jersey3
  • New Jersey Imaging Partners, Inc. New Jersey3
  • Nulogix Health, Inc. Delaware3
  • Orange County Radiation Oncology, LLC California3
  • Oregon Imaging Services, Inc. Delaware3
  • Pacific Diagnostic Imaging Group LLC Delaware3
  • Pacific Imaging Partners, Inc. California3
  • PantheonXT Partners, LLC Delaware3
  • Park West Circle Realty, LLC New York3
  • Qualia Acquisition Corp. Delaware3
  • Quantib B.V. Netherlands3
  • Quantib Inc. Delaware3
  • Questar Imaging, Inc. Florida3
  • Questar Victorville, Inc. Florida3
  • RMI Scheduling, Inc. Delaware3
  • RMIS Imaging Services, Inc. Canada3
  • Radar Medical Systems, LLC Michigan3
  • Radiologix, Inc. Delaware3
  • Radiology Alliance Delivery Systems, LLC Delaware3
  • Radiology and Nuclear Medicine Imaging Partners, Inc. Delaware3
  • Radnet Managed Imaging Services, Inc. California3
  • Radnet Management I, Inc. California3
  • Radnet Management II, Inc. California3
  • Radnet Management, Inc. California3
  • Radnet Sub, Inc. California3
  • Radnet Tech Services Private Limited India3
  • Radsite LLC Delaware3
  • Raven Holdings U.S., Inc. Delaware3
  • Rolling Oaks Imaging Corporation California3
  • Rolling Oaks Radiology, Inc. California3
  • Santa Monica Imaging Group, LLC California3
  • Scriptsender, LLC Florida3
  • See-Mode Technologies Pte. Ltd. Singapore3
  • See-Mode Technologies Pty. Ltd. Australia3
  • Simi Valley Imaging Group, LLC Delaware3
  • SoCal MR Site Management, Inc. California3
  • Texas Imaging Services, LLC Delaware3
  • The New Jersey Imaging Partners, Inc. New Jersey3
  • Treasure Coast Imaging Partners, Inc. Delaware3
  • Tri Valley Imaging Group, LLC California3
  • Valley Imaging Partners, Inc. California3
  • Ventura County Imaging Group, LLC California3
  • Virginia Imaging Services, Inc. Delaware3
  • Washington Imaging Services, Inc. Delaware3
  • West Valley Imaging Group, LLC California3
  • Xoft Solutions, LLC Delaware3
  • Xoft, Inc. Delaware3
  • eRad, Inc. Pennsylvania3
  • iCAD France, LLC Delaware3
  • iCAD Italy, LLC Delaware3
  • iCAD, Inc. Delaware3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • PRIMEDEX HEALTH SYSTEMS INCNov 1, 1996 to Nov 21, 20062

Timeline

  1. Aug 14, 20268-K Other events45
  2. Aug 10, 20268-K Results of operations46
  3. Jun 16, 2026New chief executive Stephen M. Forthuber becomes CEO14
  4. Jun 10, 20268-K Entered a material agreement; New debt or obligation; Regulation FD disclosure47
  5. Jun 4, 20268-K Shareholder vote48
  6. Jun 3, 20268-K Other events49
  7. May 11, 20268-K Results of operations50
  8. Mar 2, 20268-K Regulation FD disclosure51
  9. Mar 2, 20268-K Results of operations52
  10. Jan 30, 20268-K Other events53
  11. Jan 9, 20268-K Executive or director change; Regulation FD disclosure54
  12. Dec 4, 20258-K Other events55
  13. Nov 10, 20258-K Results of operations56
  14. Oct 2, 2024New chief executive Cornelis Wesdorp becomes CEO15
  15. Jan 5, 2023New chief executive Howard G. Berger becomes CEO16

Calendar

Coming up

  1. Nov 9, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.20 a share, on Nov 9, 2025.57

When it reported results

  1. Aug 10, 2026Reported quarterly or annual results46
  2. May 11, 2026Reported quarterly or annual results50
  3. Mar 2, 2026Reported quarterly or annual results52
  4. Nov 10, 2025Reported quarterly or annual results56
  5. Aug 11, 2025Reported quarterly or annual results58
  6. May 12, 2025Reported quarterly or annual results59
  7. Mar 5, 2025Reported quarterly or annual results60
  8. Nov 12, 2024Reported quarterly or annual results61

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

372 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 51 major events, 175 insider forms, 19 large holders, 106 other. The latest 20:

  1. Aug 14, 20268-K CURRENT REPORT EDGAR
  2. Aug 14, 2026424B7 PROSPECTUS EDGAR
  3. Aug 14, 2026SCHEDULE 13G/A EDGAR
  4. Aug 10, 20268-K EDGAR
  5. Aug 10, 202610-Q EDGAR
  6. Jun 22, 20264 EDGAR
  7. Jun 18, 2026144 EDGAR
  8. Jun 18, 20264 EDGAR
  9. Jun 18, 20264 EDGAR
  10. Jun 16, 2026144 EDGAR
  11. Jun 16, 20264 EDGAR
  12. Jun 15, 2026144 EDGAR
  13. Jun 10, 20268-K EDGAR
  14. Jun 4, 20268-K CURRENT REPORT EDGAR
  15. Jun 3, 20264 EDGAR
  16. Jun 3, 20264 EDGAR
  17. Jun 3, 20264 EDGAR
  18. Jun 3, 20264 EDGAR
  19. Jun 3, 20268-K CURRENT REPORT EDGAR
  20. May 15, 2026SCHEDULE 13G EDGAR

The 372 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

73 open-market trades by officers, directors and large owners since October 2021: 0 buys and 73 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 18, 2026SWARTZ DAVID LDirectorSale2,699$53.89$145.4KForm 4
Jun 16, 2026Wesdorp CornelisPres & CEO, Digital HealthSale4,750$58.11$276.0KForm 4
Jun 15, 2026Forthuber Stephen MPres & CEO-Eastern OperationsSale44,067$58.16$2.6MForm 4
Mar 19, 2026Sorensen Alma GregoryChief Strategy OfficerSale15,000$62.20$933.0KForm 4
Mar 18, 2026Sorensen Alma GregoryChief Strategy OfficerSale15,000$62.15$932.3KForm 4
Dec 5, 2025Forthuber Stephen MPres & CEO-Eastern OperationsSale45,088$78.33$3.5MForm 4
Nov 19, 2025Patel MitalEVP of Fin Planning, CAOSale15,080$80.05$1.2MForm 4
Nov 18, 2025Patel MitalEVP of Fin Planning, CAOSale9,920$80.00$793.6KForm 4
Nov 17, 2025Patel MitalEVP of Fin Planning, CAOSale25,000$76.06$1.9MForm 4
Sep 16, 2025STOLPER MARKEVP, Chief Financial OfficerSale35,000$73.89$2.6MForm 4
Sep 16, 2025Katz David JeffreyEVP and Chief Legal OfficerSale14,000$74.44$1.0MForm 4
Sep 11, 2025Wesdorp CornelisPres & CEO, Digital HealthSale500$72.13$36.1KForm 4
Sep 10, 2025HAMES NORMAN RPres and COO-West OperationsSale10,000$72.74$727.4KForm 4
Sep 9, 2025Wesdorp CornelisPres & CEO, Digital HealthSale500$71.99$36.0KForm 4
Aug 27, 2025HAMES NORMAN RPres and COO-West OperationsSale5,000$71.10$355.5KForm 4
Aug 19, 2025Wesdorp CornelisPres & CEO, Digital HealthSale1,500$66.98$100.5KForm 4
Aug 19, 2025Jayanathan RanjanChief Information OfficerSale65,598$67.50$4.4MForm 4
Aug 13, 2025Katz David JeffreyEVP and Chief Legal OfficerSale17,000$68.31$1.2MForm 4
Jun 5, 2025Murdock Michael NEVP, Mergers and AcquisitionsSale11,132$58.05$646.2KForm 4
May 23, 2025Sorensen Alma GregoryChief Strategy OfficerSale55,000$56.48$3.1MForm 4

All 73 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Howard G. BergerM.D.81$3.0M$12.1M69
2025Stephen M. Forthuber65$800.0K$3.3M69
2025Norman R. Hames70$800.0K$3.2M69
2025Mital Patel40$750.0K$3.1M69
2025Mark D. Stolper54$700.0K$2.8M69
2024President and Chief Executive Officer$3.0M$9.1M69
2024President and Chief Operating$800.0K$2.2M69
2024Executive VicePresident and$700.0K$1.9M69
2023(principal executive officer)$1.5M$6.7M69
2023Officer - Eastern Operations$650.0K$2.2M69
2023Officer - Western Operations$650.0K$2.1M69
2023Planning and Analysis and Chief Administrative Officer$575.0K$1.9M69
2023Chief Financial Officer(principal financial officer)$575.0K$1.9M69

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.10,957,808$675.8M0.0%+922,074
Rtw Investments, LP4,846,958$298.9M2.6%+561,958
Vanguard Portfolio Management LLC4,066,931$250.8M0.0%+167,804
Vanguard Capital Management LLC3,193,565$196.9M0.0%+82,553
Beck Mack & Oliver LLC3,163,592$195.1M3.8%−2,600
State Street Corp2,842,457$175.2M0.0%+190,859
Geode Capital Management, LLC1,858,508$114.6M0.0%+134,901
Invesco Ltd.1,641,292$101.2M0.0%+7,797
American Century Companies Inc1,618,424$99.8M0.0%+716,232
Clearbridge Investments, LLC1,546,652$95.4M0.1%+268,112
Dimensional Fund Advisors LP1,491,040$91.9M0.0%+112,037
Hood River Capital Management LLC1,456,205$89.8M0.7%+44,708
Jb Capital Partners LP1,424,061$87.8M13.6%No change
Bamco Inc /ny/1,260,992$77.8M0.1%+450,926
Defiance ETFs, LLC1,143,622$75.0M1.0%+598,148
Goldman Sachs Group Inc1,178,372$72.7M0.0%−11,903
Alyeska Investment Group, L.P.1,171,721$72.3M0.2%−137,587
Principal Financial Group Inc1,052,356$64.9M0.0%−58,921
Westfield Capital Management Co LP975,542$60.2M0.2%+443,649
Morgan Stanley931,114$57.4M0.0%+80,643
Northern Trust Corp813,056$50.1M0.0%+66,249
Charles Schwab Investment Management Inc792,282$48.9M0.0%+24,811
Rockefeller Capital Management L.P.757,990$46.7M0.1%+54,874
Ameriprise Financial Inc745,603$46.0M0.0%−153,523
Global Alpha Capital Management Ltd.734,875$45.3M2.7%+76,667

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How RadNet, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARRadNet, Inc.1
  • CIK0000790526
  • Employer ID (EIN)13-33267244
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
  • Incorporated inDelaware4
  • Fiscal year endsDecember 311
  • Industry code (SIC)8071 Services-Medical Laboratories1
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
  • Business address1510 Cotner Ave, Los Angeles, CA 900251
  • Phone31047878081
  • Shares outstanding78,697,257 as of Aug 6, 202611
  • Public float$4.1B as of Jun 30, 20254
  • AuditorErnst & Young LLP, Los Angeles, California PCAOB ID 42; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceMar 21, 19961
  • Filings1,364 in all: 4 (610), 8-K (224), 10-Q (93), 144 (43), SC 13G/A (38), 4/A (36), 10-K (31), 425 (28)1
    All 52 form types

    3 (23), DEF 14A (21), UPLOAD (18), 8-K/A (15), CORRESP (15), SC 13G (15), 10-K/A (14), NT 10-Q (14), SC 13D/A (13), S-8 (12), NT 10-K (10), DEFA14A (9), 10-Q/A (8), 424B7 (7), EFFECT (5), 3/A (4), 424B5 (4), 5 (4), ARS (4), S-4/A (4), SC 13D (4), SCHEDULE 13G/A (4), 424B3 (3), PRE 14A (3), S-3ASR (3), S-4 (3), S-8 POS (3), SCHEDULE 13G (3), 10-KT (1), 5/A (1), 8-A12B (1), 8-A12B/A (1), CERTNAS (1), CT ORDER (1), DEFM14A (1), DEFR14A (1), NT 10-Q/A (1), NTN 10K (1), POS AM (1), PRER14A (1), PX14A6G (1), RW (1), S-3 (1), T-3 (1)

  • Latest filingsAnnual report (10-K) Mar 2, 2026
    Quarterly report (10-Q) Aug 10, 2026
    Proxy statement (DEF 14A) Apr 20, 2026
    Latest 8-K (8-K) Aug 14, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $.0001 par valueRDNTNASDAQ Global Market

From the cover page of the 10-K filed Mar 2, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

The risks RadNet, Inc. names in Item 1A of its 10-K filed Mar 2, 2026: 44 risks under these headings, as written.4

  • General Economic and Industry Risks
  • Adverse changes in general domestic and worldwide economic conditions could adversely affect our operating results, financial condition, and liquidity.
  • A worsening of the economic and employment conditions in the geographies in which we operate could materially affect our business and future results of operations.
  • Increases in inflation and rising interest rates or disruption of credit markets could adversely affect our financial condition and liquidity.
  • Our labor costs have been, and we expect will continue to be, adversely affected by competition for staffing, the shortage of experienced healthcare professionals, and regulatory activity including changes in minimum wage laws.
  • We face various risks related to health epidemics and other outbreaks, which may have a material adverse effect on our business, financial condition, results of operations and cash flows.
  • Business interruptions due to natural disasters to include but not limited to earthquakes, floods, fires, hurricanes and severe winter storms or other external events beyond our control can adversely affect our business, financial condition or results of operations.
  • Changes in the method or rates of third-party reimbursement could have a negative impact on our results.
  • If we fail to manage the complex and lengthy reimbursement process, our revenue, financial condition and results of operations could suffer.
  • We experience competition from other diagnostic imaging companies and hospitals, and this competition could adversely affect our revenue and business.
  • Technological change in our industry could reduce the demand for our services and require us to incur significant costs to upgrade our equipment.
  • Business Risks
The other 34 risks
  • Our results of operations may fluctuate significantly from period to period and can be difficult to predict.
  • If our contracted radiology practices terminate their agreements with us, our business could substantially diminish.
  • We are dependent on the ability of our contracted radiology practices, including the Group, to hire and retain qualified radiologists.
  • Our ability to generate revenue depends in large part on referrals from physicians.
  • We may become subject to professional malpractice liability, which could be costly and negatively impact our reputation and business.
  • We may not receive payment from some of our healthcare provider customers because of their financial circumstances.
  • Capitation fee arrangements could reduce our operating margins.
  • Cybersecurity threats and other disruption or malfunction in our information technology systems could adversely affect our business.
  • Our success depends in part on our key personnel and loss of key executives could adversely affect our operations.
  • The future growth of our imaging business is partially dependent on our ability to continue to successfully integrate acquired businesses.
  • We may not generate the expected benefits from our investment in AI technologies or other new lines of business and the use of AI and machine learning tools in our operations and the services of our third-parties may introduce risks that could adversely affect our business, financial condition, and reputation.
  • Healthcare and Regulatory Risks
  • The regulatory framework in which we operate is continually evolving.
  • If we are unable to effectively adapt to changes in the healthcare industry, including changes to laws and regulations regarding or affecting U.S. healthcare reform, our business could be harmed.
  • We may be impacted by eligibility changes to government and private insurance programs.
  • Complying with federal and state regulations is an expensive and time-consuming process, and any failure to comply could result in substantial penalties.
  • There may be changes in FDA’s regulatory requirements and policies, and we may not be able to comply with them.
  • State and federal anti-kickback and anti-self-referral laws may adversely affect income.
  • If we fail to comply with various licensure, certification and accreditation standards, we may be subject to loss of licensure, certification or accreditation, which would adversely affect our operations.
  • Our agreements with the contracted radiology practices must be structured to avoid the corporate practice of medicine and fee-splitting.
  • Our software products could be regulated as medical devices by regulatory agencies, and we may be subject to such agencies’ regulatory or enforcement activities.
  • If we fail to comply with federal and state privacy and information security laws mandating protection of certain confidential data against disclosure, including cybersecurity attacks, we may be subject to government or private actions.
  • Some of our imaging modalities use radioactive materials, which generate regulated waste and could subject us to liabilities for injuries or violations of environmental and health and safety laws.
  • If CMS ends its current policy permitting professionals to provide direct supervision of diagnostic imaging to be immediately available through virtual presence using two-way, real-time audio/video technology, instead of requiring their physical presence, we may be subject to additional costs and a shortage of professionals to provide such supervision.
  • Financial Risks
  • Because we have high fixed costs, lower scan volumes or other decreases revenues could adversely affect the profitability of our business.
  • Our debt could adversely affect our financial condition and prevent us from fulfilling our obligations under our outstanding indebtedness.
  • A restriction in our ability to make capital expenditures would restrict our growth and could adversely affect our business.
  • We may be required to recognize an impairment of our goodwill, other intangible assets, or other long-lived assets, which could have an adverse effect on our financial position and results of operations.
  • Our credit facilities and instruments governing our other indebtedness restrict certain operations of our business.
  • If we are unable to obtain insurance, or if insurance becomes more costly for us to obtain, our business may be adversely affected.
  • Capital Markets Risks
  • Possible volatility in our stock price could negatively affect us and our stockholders.
  • Sales of a substantial number of shares of our common stock in the public market, or the perception that such sales could occur, could cause the price of our common stock to fall.
  • Future issuances of our common stock or rights to purchase our common stock could result in additional dilution to the percentage ownership of our stockholders and could cause the price of our common stock to fall.
  • We do not intend to pay dividends on our common stock, so any returns will be limited to the value of our common stock.
  • Provisions of the Delaware General Corporation Law and our organizational documents may discourage an acquisition of us.

Legal proceedings

From time to time we are engaged in the defense of lawsuits arising out of the ordinary course of our business. We do not believe that the outcome of our current litigation will have a material adverse impact on our business, financial condition and results of operations. However, the outcome of litigation is inherently uncertain. If one or more legal matters were resolved against us in a reporting period for amounts above management’s expectations, our financial condition and operating results could be materially adversely affected.

The opening of Item 3, Legal Proceedings.4

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