Outset Medical (OM) Operating Expenses (2019 - 2026)
Outset Medical (OM) reported Operating Expenses of $29.0 million for Q1 2026, up 5.64% year-over-year from $27.5 million in Q1 2025, and down 2.83% quarter-over-quarter from $29.9 million in Q4 2025.
Outset Medical (OM) Operating Expenses (2019 - 2026) Analysis & Trends
Outset Medical (OM) has 8 years of Operating Expenses data on file, last reported at $29.0 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $29.0 million, up 5.64% year-over-year; the trailing twelve-month figure through Mar 2026 was $115.0 million (down 14.35% YoY), and the FY2025 annual result was $113.5 million, down 25.33% from the prior year.
- Operating Expenses declined to $29.0 million in Q1 2026 per OM's latest filing, from $29.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $52.6 million in Q3 2023 and troughed at $27.4 million in Q3 2025.
- A 5-year average of $39.5 million and a median of $40.9 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 53.44% in 2022, then plunged 39.14% in 2025.
- A 5-year view of Operating Expenses shows it stood at $45.1 million in 2022, then retreated by 0.07% to $45.1 million in 2023, then declined by 27.64% to $32.6 million in 2024, then slipped by 8.42% to $29.9 million in 2025, then dropped by 2.83% to $29.0 million in 2026.
- Business Quant data shows OM's Operating Expenses at $29.0 million in Q1 2026, $29.9 million in Q4 2025, and $27.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.92 Bn | 146.27 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 119.50 Bn | 116.62 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 102.71 Bn | 94.54 Bn | 5.76 Bn | 3.76 Bn |
| 4 | Boston Scientific | 69.72 Bn | 68.51 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 49.24 Bn | 45.57 Bn | 1.29 Bn | 822.60 Mn |
| 6 | GE HealthCare Technologies | 29.74 Bn | 27.67 Bn | 1.98 Bn | 1.46 Bn |
| 7 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -668.50 Mn |
| 8 | Dexcom | 28.96 Bn | 27.84 Bn | 750.30 Mn | 495.00 Mn |
| 9 | Steris | 20.31 Bn | 19.88 Bn | 697.10 Mn | 380.30 Mn |
| 10 | Outset Medical | 81,759.85 | -286.56 Mn | 12.10 Mn | 29.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.01 Mn |
| Dec 31, 2025 | 29.86 Mn |
| Sep 30, 2025 | 27.40 Mn |
| Jun 30, 2025 | 28.73 Mn |
| Mar 31, 2025 | 27.47 Mn |
| Dec 31, 2024 | 32.61 Mn |
| Sep 30, 2024 | 33.66 Mn |
| Jun 30, 2024 | 40.55 Mn |
| Mar 31, 2024 | 45.13 Mn |
| Dec 31, 2023 | 45.07 Mn |
| Sep 30, 2023 | 52.61 Mn |
| Jun 30, 2023 | 51.18 Mn |
| Mar 31, 2023 | 49.91 Mn |
| Dec 31, 2022 | 45.10 Mn |
| Sep 30, 2022 | 45.34 Mn |
| Jun 30, 2022 | 47.50 Mn |
| Mar 31, 2022 | 40.92 Mn |
| Dec 31, 2021 | 44.12 Mn |
| Sep 30, 2021 | 33.08 Mn |
| Jun 30, 2021 | 30.96 Mn |