Outset Medical (OM) FCF Margin (2019 - 2026)
Outset Medical (OM) reported FCF Margin of -31.22% for Q3 2026, down 9.20 percentage points from -22.02% a year earlier and down 0.41 percentage points from the prior quarter.
Outset Medical (OM) FCF Margin (2019 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Outset Medical's FCF Margin came in at -35.16%, up 9.74 percentage points year-over-year; for FY2025, it came in at -39.44%, up 63.66 percentage points from FY2024.
- FCF Margin has increased for three consecutive years, with a five-year change of +177.02 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at -103.10% in FY2024 (+0.30 pp), -103.40% in FY2023 (+30.12 pp), -133.52% in FY2022 (-3.53 pp) and -129.99% in FY2021 (+86.48 pp).
- Five-year quarterly FCF Margin spans a low of -164.25% in Q1 2024 and a high of -16.28% in Q2 2025.
- Year over year, FCF Margin gained in six of the last eight quarters, with an average year-over-year change of +37.62 percentage points.
- The high point for year-over-year FCF Margin in five years was Q2 2025 (a gain of 105.87 percentage points); the low point was Q2 2024 (a drop of 41.77 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at -30.81% (Q2 2026), -46.33% (Q1 2026) and -33.75% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 17.41% |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 9.41% |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 24.89% |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 36.44% |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 13.22% |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 18.77% |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 16.89% |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 29.54% |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 11.25% |
| 10 | Outset Medical | 79.64 Mn | -882.52 Mn | 13.67 Mn | -31.22% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -31.22% |
| Jun 30, 2026 | -30.81% |
| Mar 31, 2026 | -46.33% |
| Dec 31, 2025 | -33.75% |
| Sep 30, 2025 | -22.02% |
| Jun 30, 2025 | -16.28% |
| Mar 31, 2025 | -86.67% |
| Dec 31, 2024 | -56.10% |
| Sep 30, 2024 | -73.13% |
| Jun 30, 2024 | -122.15% |
| Mar 31, 2024 | -164.25% |
| Dec 31, 2023 | -83.57% |
| Sep 30, 2023 | -114.55% |
| Jun 30, 2023 | -80.39% |
| Mar 31, 2023 | -136.15% |
| Dec 31, 2022 | -114.40% |
| Sep 30, 2022 | -133.47% |
| Jun 30, 2022 | -161.92% |
| Mar 31, 2022 | -130.32% |
| Dec 31, 2021 | -119.09% |
Outset Medical FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=OM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "OM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=OM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();