Outset Medical (OM) Gross Margin (2019 - 2026)
Outset Medical (OM) posted quarterly Gross Margin of 43.41% for Q1 2026, up 621.0% year-over-year from 6.02% in Q1 2025, and up 2.48% quarter-over-quarter from 42.36% in Q4 2025.
Outset Medical (OM) Gross Margin (2019 - 2026) Analysis & Trends
Outset Medical (OM) has reported Gross Margin for 8 consecutive years, with 43.41% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 621.0% year-over-year to 43.41%; the TTM figure through Mar 2026 stood at 40.64% (up 471.0% YoY), while the FY2025 annual figure was 39.13%, up 521.0% from the prior year.
- Gross Margin grew to 43.41% in Q1 2026 per OM's latest filing, from 42.36% in the prior quarter.
- Across five years, Gross Margin topped out at 43.41% in Q1 2026 and bottomed at 14.54% in Q1 2022.
- Historically, Gross Margin has averaged 28.64% across 5 years, with a median of 29.16% in 2024.
- Annual changes were most pronounced in 2024 — Gross Margin jumped 1434 bps — and 2025, when it jumped 205 bps.
- Outset Medical's Gross Margin stood at 16.47% in 2022, then jumped by 53 bps to 25.28% in 2023, then surged by 44 bps to 36.47% in 2024, then grew by 16 bps to 42.36% in 2025, then rose by 2 bps to 43.41% in 2026.
- Business Quant data shows OM's Gross Margin at 43.41% in Q1 2026, 42.36% in Q4 2025, and 39.38% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 198.70 Bn | 193.10 Bn | 7.27 Bn | 57.71% |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 68.27% |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 70.71% |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 77.46% |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | 63.44% |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 41.17% |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | 47.38% |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 45.84% |
| 10 | Outset Medical | 80.25 Mn | -182.94 Mn | 13.28 Mn | 41.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 41.99% |
| Mar 31, 2026 | 43.41% |
| Dec 31, 2025 | 42.36% |
| Sep 30, 2025 | 39.38% |
| Jun 30, 2025 | 37.77% |
| Mar 31, 2025 | 37.19% |
| Dec 31, 2024 | 36.47% |
| Sep 30, 2024 | 34.26% |
| Jun 30, 2024 | 35.72% |
| Mar 31, 2024 | 29.16% |
| Dec 31, 2023 | 25.28% |
| Sep 30, 2023 | 23.57% |
| Jun 30, 2023 | 21.37% |
| Mar 31, 2023 | 19.21% |
| Dec 31, 2022 | 16.47% |
| Sep 30, 2022 | 15.62% |
| Jun 30, 2022 | 15.09% |
| Mar 31, 2022 | 14.54% |
| Dec 31, 2021 | 11.80% |
| Sep 30, 2021 | 11.19% |