Outset Medical (OM) Invested Capital (2019 - 2026)
Outset Medical (OM) recorded Invested Capital of $193.98 million in Q2 2026, down 22.3% from $249.6 million a year earlier and down 7.0% from the prior quarter.
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Analysis
Outset Medical (OM) Invested Capital (2019 - 2026) Analysis & Trends
For FY2025, Outset Medical reported Invested Capital of $223.19 million, down 0.4% from FY2024.
- Annual Invested Capital has declined for four straight years, with a five-year compound annual growth rate of -9.0% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $224.19 million in FY2024 (-11.4%), $253 million in FY2023 (-26.1%), $342.33 million in FY2022 (-15.2%) and $403.84 million in FY2021 (+12.7%).
- The Q2 2026 figure is the lowest quarterly Invested Capital since Q4 2019.
- On a year-over-year basis, Invested Capital has declined for 17 consecutive quarters, with an average decline of 9.3% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 14.5% in Q3 2021, against a decline of 29.7% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $208.63 million (Q1 2026), $223.19 million (Q4 2025) and $237.89 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 95.24 Bn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 84.37 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 79.15 Bn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 79.00 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 38.93 Bn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 37.80 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 11.32 Bn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 41.22 Bn |
| 10 | Outset Medical | 56.39 Mn | -986.59 Mn | 13.28 Mn | 193.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 193.98 Mn |
| Mar 31, 2026 | 208.63 Mn |
| Dec 31, 2025 | 223.19 Mn |
| Sep 30, 2025 | 237.89 Mn |
| Jun 30, 2025 | 249.60 Mn |
| Mar 31, 2025 | 263.98 Mn |
| Dec 31, 2024 | 224.19 Mn |
| Sep 30, 2024 | 245.00 Mn |
| Jun 30, 2024 | 265.59 Mn |
| Mar 31, 2024 | 290.01 Mn |
| Dec 31, 2023 | 253.00 Mn |
| Sep 30, 2023 | 248.85 Mn |
| Jun 30, 2023 | 279.74 Mn |
| Mar 31, 2023 | 312.77 Mn |
| Dec 31, 2022 | 342.33 Mn |
| Sep 30, 2022 | 308.93 Mn |
| Jun 30, 2022 | 339.57 Mn |
| Mar 31, 2022 | 375.24 Mn |
| Dec 31, 2021 | 403.84 Mn |
| Sep 30, 2021 | 439.49 Mn |
API Access
Outset Medical Invested Capital 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=invested-capital&ticker=OM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=OM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();