Outset Medical (OM) Cost of Revenue (2019 - 2026)
Outset Medical's (OM) quarterly Cost of Revenue came in at $18.4 million in Q2 2026, down 6.13% year-over-year from $19.6 million in Q2 2025, and up 16.39% quarter-over-quarter from $15.8 million in Q1 2026.
Analysis
Outset Medical (OM) Cost of Revenue (2019 - 2026) Analysis & Trends
Outset Medical (OM) has reported Cost of Revenue for 8 consecutive years, with $18.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue fell 6.13% year-over-year to $18.4 million in Q2 2026; TTM through Jun 2026 was $68.6 million, a 9.5% decrease from a year earlier, with the FY2025 full-year figure at $72.7 million, down 3.2% from the prior year.
- Cost of Revenue was $18.4 million for Q2 2026 at Outset Medical, up from $15.8 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $28.3 million in Q2 2023 and troughed at $15.8 million in Q1 2026.
- A 5-year average of $21.2 million and a median of $19.8 million in 2024 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue surged 33.19% in 2023 and slumped 37.87% in 2024, its largest moves.
- Over 5 years, Cost of Revenue stood at $26.7 million in 2022, then slipped by 14.73% to $22.8 million in 2023, then fell by 17.88% to $18.7 million in 2024, then fell by 11.1% to $16.6 million in 2025, then advanced by 10.27% to $18.4 million in 2026.
- The last three Cost of Revenue figures came in at $18.4 million (Q2 2026), $15.8 million (Q1 2026), and $16.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 180.77 Bn | 175.17 Bn | 7.27 Bn | 5.33 Bn |
| 2 | Intuitive Surgical | 127.65 Bn | 122.43 Bn | 1.96 Bn | 931.90 Mn |
| 3 | Medtronic | 117.15 Bn | 108.33 Bn | 6.34 Bn | 3.42 Bn |
| 4 | Stryker | 104.21 Bn | 100.73 Bn | 4.50 Bn | 2.09 Bn |
| 5 | Boston Scientific | 63.46 Bn | 62.92 Bn | 3.85 Bn | 1.59 Bn |
| 6 | Edwards Lifesciences | 49.73 Bn | 45.48 Bn | 1.35 Bn | 392.40 Mn |
| 7 | Alcon | 33.01 Bn | 31.56 Bn | 1.68 Bn | 18.00 Mn |
| 8 | Dexcom | 32.17 Bn | 30.22 Bn | 830.00 Mn | 478.40 Mn |
| 9 | Steris | 20.72 Bn | 20.24 Bn | 684.20 Mn | 808.60 Mn |
| 10 | Outset Medical | 60.14 Mn | -203.05 Mn | 13.28 Mn | 18.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.35 Mn |
| Mar 31, 2026 | 15.77 Mn |
| Dec 31, 2025 | 16.64 Mn |
| Sep 30, 2025 | 17.84 Mn |
| Jun 30, 2025 | 19.55 Mn |
| Mar 31, 2025 | 18.69 Mn |
| Dec 31, 2024 | 18.72 Mn |
| Sep 30, 2024 | 18.85 Mn |
| Jun 30, 2024 | 17.61 Mn |
| Mar 31, 2024 | 19.95 Mn |
| Dec 31, 2023 | 22.80 Mn |
| Sep 30, 2023 | 23.21 Mn |
| Jun 30, 2023 | 28.34 Mn |
| Mar 31, 2023 | 27.04 Mn |
| Dec 31, 2022 | 26.73 Mn |
| Sep 30, 2022 | 23.43 Mn |
| Jun 30, 2022 | 21.28 Mn |
| Mar 31, 2022 | 26.11 Mn |
| Dec 31, 2021 | 24.83 Mn |
| Sep 30, 2021 | 23.37 Mn |