Outset Medical (OM) Operating Expenses (2019 - 2026)
Outset Medical's (OM) quarterly Operating Expenses came in at $29.0 million in Q1 2026, up 5.64% year-on-year from $27.5 million in Q1 2025, and down 2.83% on a QoQ basis 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.
- On a quarterly basis, Operating Expenses rose 5.64% year-over-year to $29.0 million in Q1 2026; TTM through Mar 2026 was $115.0 million, a 14.35% decrease from a year earlier, with the FY2025 full-year figure at $113.5 million, down 25.33% from the prior year.
- Operating Expenses for Q1 2026 stood at $29.0 million, down from $29.9 million in the prior quarter.
- Over the last five years, Operating Expenses for OM reached as high as $52.6 million in Q3 2023 and fell as low as $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.
- Across the five-year window, Operating Expenses surged 53.44% in 2022 and slumped 39.14% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $45.1 million in 2022, then dropped by 0.07% to $45.1 million in 2023, then decreased by 27.64% to $32.6 million in 2024, then fell by 8.42% to $29.9 million in 2025, then retreated by 2.83% to $29.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | 201.40 Bn | 194.75 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 785.50 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 495.00 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -668.50 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | -47.00 Mn |
| 10 | Outset Medical | 77,717.79 | -286.57 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 |