Outset Medical (OM) Gross Margin (2019 - 2026)
Outset Medical's (OM) quarterly Gross Margin came in at 41.99% in Q2 2026, up 422.0% year-over-year from 8.04% in Q2 2025, and down 3.28% quarter-over-quarter from 43.41% in Q1 2026.
Powered by 
Analysis
Outset Medical (OM) Gross Margin (2019 - 2026) Analysis & Trends
Outset Medical (OM) has reported Gross Margin for 8 consecutive years, with 41.99% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 422.0% year-over-year to 41.99% in Q2 2026; TTM through Jun 2026 was 41.76%, a 530.0% increase from a year earlier, with the FY2025 full-year figure at 39.13%, up 521.0% from the prior year.
- Gross Margin was 41.99% for Q2 2026 at Outset Medical, down from 43.41% in the prior quarter.
- Over five years, Gross Margin peaked at 43.41% in Q1 2026 and troughed at 14.54% in Q1 2022.
- A 5-year average of 29.38% and a median of 31.71% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin soared 1434 bps in 2024 and soared 205 bps in 2025, its largest moves.
- Over 5 years, Gross Margin stood at 16.47% in 2022, then surged by 53 bps to 25.28% in 2023, then soared by 44 bps to 36.47% in 2024, then advanced by 16 bps to 42.36% in 2025, then slipped by 1 bps to 41.99% in 2026.
- The last three Gross Margin figures came in at 41.99% (Q2 2026), 43.41% (Q1 2026), and 42.36% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 179.71 Bn | 174.10 Bn | 7.27 Bn | 57.71% |
| 2 | Intuitive Surgical | 128.01 Bn | 122.80 Bn | 1.96 Bn | 67.78% |
| 3 | Medtronic | 117.20 Bn | 108.38 Bn | 6.34 Bn | 64.99% |
| 4 | Stryker | 104.00 Bn | 100.53 Bn | 4.50 Bn | 68.27% |
| 5 | Boston Scientific | 63.32 Bn | 62.78 Bn | 3.85 Bn | 70.71% |
| 6 | Edwards Lifesciences | 49.95 Bn | 45.70 Bn | 1.35 Bn | 77.46% |
| 7 | Alcon | 32.88 Bn | 31.43 Bn | 1.68 Bn | 60.21% |
| 8 | Dexcom | 32.27 Bn | 30.33 Bn | 830.00 Mn | 63.44% |
| 9 | Steris | 20.73 Bn | 20.25 Bn | 684.20 Mn | 45.84% |
| 10 | Outset Medical | 60.14 Mn | -203.05 Mn | 13.28 Mn | 41.99% |
Historic Data
Download Data
Historic 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% |