Outset Medical (OM) Research & Development (2019 - 2026)
Outset Medical's Research & Development came in at $5.9 million for Q3 2026, up 9.7% from $5.38 million a year earlier and up 8.2% from the prior quarter.
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Analysis
Outset Medical (OM) Research & Development (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Outset Medical reported Research & Development of $22.02 million, down 8.5% year-over-year; for FY2025, it was $21.24 million, down 44.7% from FY2024.
- Research & Development carries a five-year compound annual growth rate of -5.9% (FY2020 to FY2025).
- Going back by year, Research & Development was $38.4 million in FY2024 (-33.0%), $57.31 million in FY2023 (+17.3%), $48.86 million in FY2022 (+33.0%) and $36.74 million in FY2021 (+27.4%).
- The Q3 2026 figure represents the highest quarterly Research & Development since Q4 2024.
- Year-over-year, Research & Development has increased for three consecutive quarters, with an average decline of 24.3% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in Q2 2022 (growth of 68.3%), and the weakest in Q1 2025 (a decline of 56.4%).
- Business Quant data shows OM's Research & Development at $5.45 million (Q2 2026), $5.62 million (Q1 2026) and $5.06 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 348.00 Mn |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 920.00 Mn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 433.00 Mn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 408.30 Mn |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 433.00 Mn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 520.00 Mn |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 281.40 Mn |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | - |
| 10 | Outset Medical | 79.64 Mn | -882.52 Mn | 13.67 Mn | 5.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.90 Mn |
| Jun 30, 2026 | 5.45 Mn |
| Mar 31, 2026 | 5.62 Mn |
| Dec 31, 2025 | 5.06 Mn |
| Sep 30, 2025 | 5.38 Mn |
| Jun 30, 2025 | 5.29 Mn |
| Mar 31, 2025 | 5.52 Mn |
| Dec 31, 2024 | 7.89 Mn |
| Sep 30, 2024 | 8.14 Mn |
| Jun 30, 2024 | 9.73 Mn |
| Mar 31, 2024 | 12.64 Mn |
| Dec 31, 2023 | 12.53 Mn |
| Sep 30, 2023 | 16.08 Mn |
| Jun 30, 2023 | 14.91 Mn |
| Mar 31, 2023 | 13.79 Mn |
| Dec 31, 2022 | 11.44 Mn |
| Sep 30, 2022 | 13.06 Mn |
| Jun 30, 2022 | 13.52 Mn |
| Mar 31, 2022 | 10.83 Mn |
| Dec 31, 2021 | 11.41 Mn |
API Access
Outset Medical Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=OM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "OM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=OM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();