Growth Metrics

Outset Medical (OM) Cost of Revenue (2019 - 2026)

Outset Medical (OM) reported Cost of Revenue of $15.8 million for Q1 2026, up 15.5% year-over-year from $13.7 million in Q1 2025, and down 49.53% on a QoQ basis from $31.2 million in Q4 2025.

Outset Medical (OM) has 8 years of Cost of Revenue data on file, last reported at $15.8 million in Q1 2026.

  • Quarterly Cost of Revenue rose 15.5% year-over-year to $15.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $84.4 million (up 25.58% YoY) and the FY2025 annual result came in at $72.7 million, down 3.2% from the prior year.
  • Cost of Revenue declined to $15.8 million in Q1 2026 per OM's latest filing, from $31.2 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $31.2 million in Q4 2025 and bottomed at $13.7 million in Q1 2025.
  • The 5-year median for Cost of Revenue is $21.0 million (2024), against an average of $20.9 million.
  • The widest annual swing landed in 2022, when Cost of Revenue soared 61.13%; it then slumped 35.14% in 2025.
  • Tracing OM's Cost of Revenue over 5 years: stood at $23.6 million in 2022, then slipped by 3.54% to $22.8 million in 2023, then decreased by 9.93% to $20.5 million in 2024, then surged by 52.15% to $31.2 million in 2025, then slumped by 49.53% to $15.8 million in 2026.
  • Per Business Quant, the three latest OM Cost of Revenue figures stand at $15.8 million (Q1 2026), $31.2 million (Q4 2025), and $17.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 4.89 Bn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 2.21 Bn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 3.26 Bn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 1.59 Bn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 362.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 2.51 Bn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 441.60 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 481.00 Mn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 891.20 Mn
10 Outset Medical 90,946.35 -286.55 Mn 12.10 Mn 15.77 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 15.77 Mn
Mar 31, 2026 15.77 Mn
Dec 31, 2025 31.24 Mn
Dec 31, 2025 31.24 Mn
Sep 30, 2025 17.84 Mn
Sep 30, 2025 17.84 Mn
Jun 30, 2025 19.55 Mn
Jun 30, 2025 19.55 Mn
Mar 31, 2025 13.65 Mn
Mar 31, 2025 13.65 Mn
Dec 31, 2024 20.53 Mn
Dec 31, 2024 20.53 Mn
Sep 30, 2024 15.42 Mn
Sep 30, 2024 15.42 Mn
Jun 30, 2024 17.61 Mn
Jun 30, 2024 17.61 Mn
Mar 31, 2024 21.05 Mn
Mar 31, 2024 21.05 Mn
Dec 31, 2023 22.80 Mn
Dec 31, 2023 22.80 Mn
Sep 30, 2023 23.21 Mn
Sep 30, 2023 23.21 Mn
Jun 30, 2023 24.99 Mn
Jun 30, 2023 24.99 Mn
Mar 31, 2023 24.33 Mn
Mar 31, 2023 24.33 Mn
Dec 31, 2022 23.63 Mn
Dec 31, 2022 23.63 Mn
Sep 30, 2022 22.28 Mn
Sep 30, 2022 22.28 Mn
Jun 30, 2022 21.28 Mn
Jun 30, 2022 21.28 Mn
Mar 31, 2022 20.38 Mn
Mar 31, 2022 20.38 Mn
Dec 31, 2021 24.83 Mn
Dec 31, 2021 24.83 Mn
Sep 30, 2021 15.73 Mn
Sep 30, 2021 15.73 Mn
Jun 30, 2021 13.20 Mn
Jun 30, 2021 13.20 Mn
Mar 31, 2021 22.63 Mn
Mar 31, 2021 22.63 Mn
Dec 31, 2020 15.20 Mn
Dec 31, 2020 15.20 Mn
Sep 30, 2020 18.88 Mn
Sep 30, 2020 18.88 Mn
Jun 30, 2020 9.24 Mn
Jun 30, 2020 9.24 Mn
Mar 31, 2020 10.75 Mn
Mar 31, 2020 10.75 Mn
Dec 31, 2019 6.88 Mn
Dec 31, 2019 6.88 Mn
Sep 30, 2019 5.01 Mn
Sep 30, 2019 5.01 Mn