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
DateValue
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