Outset Medical (OM) Cost of Revenue (2019 - 2026)
Outset Medical (OM) posted quarterly Cost of Revenue of $15.8 million for Q1 2026, down 15.62% year-over-year from $18.7 million in Q1 2025, and down 5.26% quarter-over-quarter from $16.6 million in Q4 2025.
Outset Medical (OM) Cost of Revenue (2019 - 2026) Analysis & Trends
Outset Medical (OM) has reported Cost of Revenue for 8 consecutive years, with $15.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue fell 15.62% year-over-year to $15.8 million; the TTM figure through Mar 2026 stood at $69.8 million (down 5.49% YoY), while the FY2025 annual figure was $72.7 million, down 3.2% from the prior year.
- Cost of Revenue retreated to $15.8 million in Q1 2026 per OM's latest filing, from $16.6 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $28.3 million in Q2 2023 and bottomed at $15.8 million in Q1 2026.
- Historically, Cost of Revenue has averaged $21.3 million across 5 years, with a median of $20.0 million in 2024.
- Annual changes were most pronounced in 2023 — Cost of Revenue soared 33.19% — and 2024, when it sank 37.87%.
- Outset Medical's Cost of Revenue stood at $26.7 million in 2022, then declined by 14.73% to $22.8 million in 2023, then decreased by 17.88% to $18.7 million in 2024, then decreased by 11.1% to $16.6 million in 2025, then dropped by 5.26% to $15.8 million in 2026.
- Business Quant data shows OM's Cost of Revenue at $15.8 million in Q1 2026, $16.6 million in Q4 2025, and $17.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.60 Bn | 194.00 Bn | 7.27 Bn | 5.33 Bn |
| 2 | Stryker | 127.14 Bn | 123.66 Bn | 4.50 Bn | 2.09 Bn |
| 3 | Medtronic | 118.89 Bn | 109.67 Bn | 6.41 Bn | 3.40 Bn |
| 4 | Boston Scientific | 73.11 Bn | 72.57 Bn | 3.85 Bn | 1.59 Bn |
| 5 | Edwards Lifesciences | 52.03 Bn | 47.78 Bn | 1.35 Bn | 392.40 Mn |
| 6 | Dexcom | 34.31 Bn | 32.36 Bn | 830.00 Mn | 478.40 Mn |
| 7 | GE HealthCare Technologies | 33.78 Bn | 31.67 Bn | 2.18 Bn | 2.25 Bn |
| 8 | Koninklijke Philips | 26.35 Bn | 23.03 Bn | 4.55 Bn | 2.57 Bn |
| 9 | Steris | 23.03 Bn | 22.55 Bn | 684.20 Mn | 808.60 Mn |
| 10 | Outset Medical | 80.25 Mn | -182.94 Mn | 13.28 Mn | 18.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.35 Mn |
| Jun 30, 2026 | 18.35 Mn |
| Mar 31, 2026 | 15.77 Mn |
| Mar 31, 2026 | 15.77 Mn |
| Dec 31, 2025 | 16.64 Mn |
| Dec 31, 2025 | 16.64 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 | 18.69 Mn |
| Mar 31, 2025 | 18.69 Mn |
| Dec 31, 2024 | 18.72 Mn |
| Dec 31, 2024 | 18.72 Mn |
| Sep 30, 2024 | 18.85 Mn |
| Sep 30, 2024 | 18.85 Mn |
| Jun 30, 2024 | 17.61 Mn |
| Jun 30, 2024 | 17.61 Mn |
| Mar 31, 2024 | 19.95 Mn |
| Mar 31, 2024 | 19.95 Mn |