Outset Medical (OM) Operating Margin (2019 - 2026)

Outset Medical's (OM) quarterly Operating Margin came in at 60.72% in Q1 2026, down 560.0% year-on-year from 13.2% in Q1 2025, and up 0.55% on a QoQ basis from 61.05% in Q4 2025.

Outset Medical (OM) Operating Margin (2019 - 2026) Analysis & Trends

Outset Medical (OM) has 8 years of Operating Margin data on file, last reported at 60.72% in Q1 2026.

  • On a quarterly basis, Operating Margin fell 560.0% year-over-year to 60.72% in Q1 2026; TTM through Mar 2026 was 57.17%, a 2339.0% increase from a year earlier, with the FY2025 full-year figure at 55.83%, up 4389.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 60.72%, up from 61.05% in the prior quarter.
  • Over the last five years, Operating Margin for OM reached as high as 53.68% in Q2 2025 and fell as low as 174.49% in Q2 2022.
  • Historically, Operating Margin has averaged 104.34% across 5 years, with a median of 119.39% in 2022.
  • Across the five-year window, Operating Margin tumbled 5589 bps in 2022 and soared 7592 bps in 2025, its largest moves.
  • Year by year, Operating Margin stood at 124.42% in 2022, then grew by 2 bps to 122.44% in 2023, then soared by 39 bps to 74.18% in 2024, then climbed by 18 bps to 61.05% in 2025, then increased by 1 bps to 60.72% in 2026.
  • Per Business Quant data, the three most recent Operating Margin figures were 60.72% in Q1 2026, 61.05% in Q4 2025, and 53.73% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Abbott Laboratories 182.32 Bn 175.02 Bn 6.27 Bn 12.05%
2 Stryker 128.75 Bn 125.88 Bn 3.81 Bn 15.55%
3 Medtronic 107.83 Bn 98.61 Bn 6.41 Bn 19.10%
4 Boston Scientific 67.61 Bn 66.15 Bn 3.61 Bn 21.16%
5 Edwards Lifesciences 48.13 Bn 44.45 Bn 1.29 Bn 28.97%
6 Dexcom 28.26 Bn 27.14 Bn 750.30 Mn 21.42%
7 GE HealthCare Technologies 27.78 Bn 25.50 Bn 1.98 Bn 10.04%
8 Smith & Nephew 26.99 Bn 26.41 Bn - -
9 Koninklijke Philips 23.92 Bn 20.80 Bn 2.07 Bn 6.17%
10 Outset Medical 80,106.28 -286.56 Mn 12.10 Mn -60.72%

Historic Data

Download Data
DateValue
Mar 31, 2026 -60.72%
Dec 31, 2025 -61.05%
Sep 30, 2025 -53.73%
Jun 30, 2025 -53.68%
Mar 31, 2025 -55.12%
Dec 31, 2024 -74.18%
Sep 30, 2024 -83.16%
Jun 30, 2024 -112.33%
Mar 31, 2024 -131.04%
Dec 31, 2023 -122.44%
Sep 30, 2023 -149.71%
Jun 30, 2023 -120.64%
Mar 31, 2023 -129.93%
Dec 31, 2022 -124.42%
Sep 30, 2022 -147.69%
Jun 30, 2022 -174.49%
Mar 31, 2022 -119.39%
Dec 31, 2021 -144.92%
Sep 30, 2021 -114.51%
Jun 30, 2021 -118.60%