Outset Medical (OM) Gross Margin (2019 - 2026)

Outset Medical's (OM) quarterly Gross Margin came in at 43.41% in Q1 2026, up 621.0% year-on-year from 6.02% in Q1 2025, and up 2.48% on a QoQ basis from 42.36% in Q4 2025.

Outset Medical (OM) Gross Margin (2019 - 2026) Analysis & Trends

Outset Medical (OM) has 8 years of Gross Margin data on file, last reported at 43.41% in Q1 2026.

  • On a quarterly basis, Gross Margin rose 621.0% year-over-year to 43.41% in Q1 2026; TTM through Mar 2026 was 40.64%, a 471.0% increase from a year earlier, with the FY2025 full-year figure at 39.13%, up 521.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 43.41%, up from 42.36% in the prior quarter.
  • Over the last five years, Gross Margin for OM reached as high as 43.41% in Q1 2026 and fell as low as 14.54% in Q1 2022.
  • Historically, Gross Margin has averaged 28.64% across 5 years, with a median of 29.16% in 2024.
  • Across the five-year window, Gross Margin surged 1434 bps in 2024 and surged 205 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 16.47% in 2022, then soared by 53 bps to 25.28% in 2023, then jumped by 44 bps to 36.47% in 2024, then rose by 16 bps to 42.36% in 2025, then advanced by 2 bps to 43.41% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 43.41% in Q1 2026, 42.36% in Q4 2025, and 39.38% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Abbott Laboratories 182.32 Bn 175.02 Bn 6.27 Bn 56.20%
2 Stryker 128.75 Bn 125.88 Bn 3.81 Bn 63.29%
3 Medtronic 107.83 Bn 98.61 Bn 6.41 Bn 65.35%
4 Boston Scientific 67.61 Bn 66.15 Bn 3.61 Bn 69.46%
5 Edwards Lifesciences 48.13 Bn 44.45 Bn 1.29 Bn 78.01%
6 Dexcom 28.26 Bn 27.14 Bn 750.30 Mn 62.95%
7 GE HealthCare Technologies 27.78 Bn 25.50 Bn 1.98 Bn 38.53%
8 Smith & Nephew 26.99 Bn 26.41 Bn - -
9 Koninklijke Philips 23.92 Bn 20.80 Bn 2.07 Bn 45.22%
10 Outset Medical 80,106.28 -286.56 Mn 12.10 Mn 43.41%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 4.17%