Growth Metrics

Outset Medical (OM) Free Cash Flow (2019 - 2026)

Outset Medical (OM) reported Free Cash Flow of -$12.9 million for Q1 2026, up 49.94% year-over-year from -$8.6 million in Q1 2025, and down 32.48% on a QoQ basis from -$9.7 million in Q4 2025.

Outset Medical (OM) has 8 years of Free Cash Flow data on file, last reported at -$12.9 million in Q1 2026.

  • Quarterly Free Cash Flow rose 49.94% year-over-year to -$12.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$34.2 million (up 64.6% YoY) and the FY2025 annual result came in at -$47.1 million, up 59.8% from the prior year.
  • Free Cash Flow retreated to -$12.9 million in Q1 2026 per OM's latest filing, from -$9.7 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at -$4.8 million in Q2 2025 and bottomed at -$46.3 million in Q1 2024.
  • The 5-year median for Free Cash Flow is -$27.7 million (2023), against an average of -$27.4 million.
  • The widest annual swing landed in 2022, when Free Cash Flow tumbled 38.43%; it then soared 85.65% in 2025.
  • Tracing OM's Free Cash Flow over 5 years: stood at -$42.3 million in 2022, then soared by 34.54% to -$27.7 million in 2023, then soared by 40.27% to -$16.5 million in 2024, then surged by 41.06% to -$9.7 million in 2025, then slumped by 32.48% to -$12.9 million in 2026.
  • Per Business Quant, the three latest OM Free Cash Flow figures stand at -$12.9 million (Q1 2026), -$9.7 million (Q4 2025), and -$6.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 916.00 Mn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 415.00 Mn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 2.30 Bn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 171.00 Mn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn -21.10 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 305.56 Mn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 449.00 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 204.00 Mn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 245.20 Mn
10 Outset Medical 90,946.35 -286.55 Mn 12.10 Mn -12.91 Mn

Historic Data

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DateValue
Mar 31, 2026 -12.91 Mn
Mar 31, 2026 -12.91 Mn
Dec 31, 2025 -9.74 Mn
Dec 31, 2025 -9.74 Mn
Sep 30, 2025 -6.79 Mn
Sep 30, 2025 -6.79 Mn
Jun 30, 2025 -4.80 Mn
Jun 30, 2025 -4.80 Mn
Mar 31, 2025 -25.79 Mn
Mar 31, 2025 -25.79 Mn
Dec 31, 2024 -16.53 Mn
Dec 31, 2024 -16.53 Mn
Sep 30, 2024 -20.96 Mn
Sep 30, 2024 -20.96 Mn
Jun 30, 2024 -33.46 Mn
Jun 30, 2024 -33.46 Mn
Mar 31, 2024 -46.27 Mn
Mar 31, 2024 -46.27 Mn
Dec 31, 2023 -27.68 Mn
Dec 31, 2023 -27.68 Mn
Sep 30, 2023 -33.99 Mn
Sep 30, 2023 -33.99 Mn
Jun 30, 2023 -27.58 Mn
Jun 30, 2023 -27.58 Mn
Mar 31, 2023 -45.57 Mn
Mar 31, 2023 -45.57 Mn
Dec 31, 2022 -42.28 Mn
Dec 31, 2022 -42.28 Mn
Sep 30, 2022 -33.26 Mn
Sep 30, 2022 -33.26 Mn
Jun 30, 2022 -38.71 Mn
Jun 30, 2022 -38.71 Mn
Mar 31, 2022 -39.81 Mn
Mar 31, 2022 -39.81 Mn
Dec 31, 2021 -30.54 Mn
Dec 31, 2021 -30.54 Mn
Sep 30, 2021 -30.30 Mn
Sep 30, 2021 -30.30 Mn
Jun 30, 2021 -30.70 Mn
Jun 30, 2021 -30.70 Mn
Mar 31, 2021 -38.85 Mn
Mar 31, 2021 -38.85 Mn
Dec 31, 2020 -25.56 Mn
Dec 31, 2020 -25.56 Mn
Sep 30, 2020 -24.73 Mn
Sep 30, 2020 -24.73 Mn
Jun 30, 2020 -23.79 Mn
Jun 30, 2020 -23.79 Mn
Mar 31, 2020 -25.26 Mn
Mar 31, 2020 -25.26 Mn
Dec 31, 2019 -15.72 Mn
Dec 31, 2019 -15.72 Mn