Outset Medical (OM) Operating Expenses (2019 - 2026)
Outset Medical (OM) posted quarterly 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 reported Operating Expenses for 8 consecutive years, with $29.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 5.64% year-over-year to $29.0 million; the TTM figure through Mar 2026 stood at $115.0 million (down 14.35% YoY), while the FY2025 annual figure was $113.5 million, down 25.33% from the prior year.
- Operating Expenses slipped to $29.0 million in Q1 2026 per OM's latest filing, from $29.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $52.6 million in Q3 2023 and bottomed at $27.4 million in Q3 2025.
- Historically, Operating Expenses has averaged $39.5 million across 5 years, with a median of $40.9 million in 2022.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 53.44% — and 2025, when it plunged 39.14%.
- Outset Medical's Operating Expenses stood at $45.1 million in 2022, then decreased by 0.07% to $45.1 million in 2023, then fell by 27.64% to $32.6 million in 2024, then dropped by 8.42% to $29.9 million in 2025, then declined 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 | 198.70 Bn | 193.10 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 2.84 Bn |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 2.67 Bn |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 846.40 Mn |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | 511.70 Mn |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 1.44 Bn |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | -741.59 Mn |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Outset Medical | 80.25 Mn | -182.94 Mn | 13.28 Mn | 28.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 28.96 Mn |
| 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 |