Resmed (RMD) Net Margin (2009 - 2026)
Resmed's (RMD) quarterly Net Margin came in at 27.86% in Q1 2026, down 40.0% YoY from 46.43% in Q1 2025, and up 0.95% on a QoQ basis from 27.59% in Q4 2025.
Resmed (RMD) Net Margin (2009 - 2026) Analysis & Trends
Resmed (RMD) has 18 years of Net Margin data on file, last reported at 27.86% in Q1 2026.
- Quarterly Net Margin fell 40.0% year-over-year to 27.86% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 27.44% (up 129.0% YoY) and the FY2025 annual result came in at 27.22%, up 543.0% from the prior year.
- Net Margin improved to 27.86% in Q1 2026, from 27.59% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 28.26% in Q1 2025 to a low of 17.96% in Q4 2023.
- A 5-year average of 23.79% and a median of 23.89% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin jumped 3092 bps — and 2023, when it tumbled 380 bps.
- Tracing RMD's Net Margin over 5 years: stood at 21.76% in 2022, then dropped by 17 bps to 17.96% in 2023, then soared by 50 bps to 26.88% in 2024, then grew by 3 bps to 27.59% in 2025, then climbed by 1 bps to 27.86% in 2026.
- The last three Net Margin figures came in at 27.86% (Q1 2026), 27.59% (Q4 2025), and 26.1% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 132.71 Bn | 127.50 Bn | 1.96 Bn | 28.46% |
| 2 | Becton Dickinson | 51.57 Bn | 50.71 Bn | 2.32 Bn | 7.59% |
| 3 | Alcon | 35.52 Bn | 34.17 Bn | 1.68 Bn | - |
| 4 | Resmed | 33.28 Bn | 31.81 Bn | 861.22 Mn | 26.20% |
| 5 | Medline | 27.86 Bn | 25.18 Bn | 2.22 Bn | 1.81% |
| 6 | West Pharmaceutical Services | 25.15 Bn | 24.71 Bn | 329.20 Mn | 16.96% |
| 7 | Solventum | 15.31 Bn | 14.91 Bn | 1.29 Bn | 4.21% |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn | -7.20% |
| 9 | Baxter International | 13.63 Bn | 11.48 Bn | 1.03 Bn | 4.26% |
| 10 | Align Technology | 11.37 Bn | 10.27 Bn | 757.43 Mn | 10.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.20% |
| Mar 31, 2026 | 27.86% |
| Dec 31, 2025 | 27.59% |
| Sep 30, 2025 | 26.10% |
| Jun 30, 2025 | 28.17% |
| Mar 31, 2025 | 28.26% |
| Dec 31, 2024 | 26.88% |
| Sep 30, 2024 | 25.43% |
| Jun 30, 2024 | 23.89% |
| Mar 31, 2024 | 25.10% |
| Dec 31, 2023 | 17.96% |
| Sep 30, 2023 | 19.91% |
| Jun 30, 2023 | 20.47% |
| Mar 31, 2023 | 20.82% |
| Dec 31, 2022 | 21.76% |
| Sep 30, 2022 | 22.15% |
| Jun 30, 2022 | 21.32% |
| Mar 31, 2022 | 20.71% |
| Dec 31, 2021 | 22.55% |
| Sep 30, 2021 | 22.52% |