Traders should monitor the Q3 2026 timeline for AI integration across RadNet’s network, which could yield measurable productivity gains and margin expansion. The $140M combined ARR target implies strong growth in RadNet’s digital health segment, potentially re-rating the stock if execution is on track.
Price Chart
Executive Summary
RadNet has acquired Paris-based Gleamer, a leading radiology AI company, for up to €230 million in an all-cash deal. The acquisition integrates Gleamer into DeepHealth, RadNet’s AI subsidiary, creating the world’s largest provider of clinical AI solutions in radiology with a combined ARR expected to reach $140 million by end of 2026. The move aims to enhance automation in high-volume imaging workflows and drive cost efficiencies across RadNet’s network starting in Q3 2026.
Key Financial Metrics
Key Facts
- RadNet acquired Gleamer SAS, a Paris-based radiology AI company, to be integrated into its subsidiary DeepHealth.
- The acquisition is valued at up to €230 million in an all-cash transaction, including a post-closing milestone payment.
- Gleamer had over 700 customer contracts in 44 countries and achieved a compound annual growth rate in ARR exceeding 90% from 2022 to 2025.
- Gleamer is expected to generate approximately $30 million in ARR in 2026.
- Combined entity (DeepHealth + Gleamer) anticipates achieving ARR approaching or exceeding $140 million by end of 2026.
- Integration of Gleamer’s AI into RadNet’s network is expected to drive productivity gains, particularly in X-ray, which accounts for nearly 25% of RadNet’s imaging volume.
- Full deployment across RadNet’s operations expected by Q3 2026, enabling AI-driven triage and draft reporting.
Financial Impact
Up to €230 million (~$250 million) cash outlay; Gleamer contributing ~$30M ARR in 2026, with combined DeepHealth business projected to reach $140M ARR by year-end.
Risk Factors
- Integration risk: Combining two AI platforms and teams across geographies may delay synergy realization.
- Cash outflow of ~$250M could pressure liquidity if not offset by operating cash flow or financing.
- Forward-looking ARR projections are non-GAAP and subject to customer retention and execution risk.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3247141 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 10, 2026 7w ago | 8-K | $77.28 $71.97 | ▼ −6.87% | ▼ −5.96% | $69.93 (−9.51%) |
Aug 9, 2026 7w ago | Press Release | $77.28 $71.97 | ▼ −6.87% | ▼ −5.96% | $69.93 (−9.51%) |
Jun 25, 2026 14w ago | Press Release | $60.01 $60.98 | ▲ +1.62% | ▲ +1.09% | $69.93 (+16.53%) |
Jun 10, 2026 16w ago | 8-K | $58.20 $65.94 | ▲ +13.30% | ▲ +11.41% | $69.93 (+20.15%) |
Jun 3, 2026 17w ago | 8-K | $51.87 $68.75 | ▲ +32.54% | ▲ +33.54% | $69.93 (+34.82%) |
May 11, 2026 20w ago | 8-K | $55.90 $56.18 | ▲ +0.50% | ▲ +0.81% | $69.93 (+25.10%) |
May 10, 2026 20w ago | Press Release | $55.90 $56.18 | ▲ +0.50% | ▲ +0.81% | $69.93 (+25.10%) |
Apr 28, 2026 22w ago | Press Release | $57.89 $53.84 | ▼ −7.00% | ▼ −12.45% | $69.93 (+20.80%) |
Apr 20, 2026 23w ago | DEFA14A | $57.51 $54.17 | ▼ −5.81% | ▼ −10.72% | $69.93 (+21.60%) |
Mar 11, 2026 29w ago | Press Release | $59.78 $55.43 | ▼ −7.28% | ▼ −9.25% | $69.93 (+16.98%) |
US Market Status
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