ResMed Inc.
NYSE•RMD
CEO: Mr. Michael J. Farrell BE, MBA, SM
Sector: Healthcare
Industry: Medical - Instruments & Supplies
Listing Date: 1995-06-02
ResMed Inc. develops, manufactures, distributes, and markets medical devices and cloud-based software applications for the healthcare markets. The company operates in two segments, Sleep and Respiratory Care, and Software as a Service. It offers various products and solutions for a range of respiratory disorders, including ApneaLink Air, a portable diagnostic device that measures oximetry, respiratory effort, pulse, nasal flow, and snoring; and NightOwl, a portable, cloud-connected, and disposable diagnostic device that measures AHI based on derived peripheral arterial tone, actigraphy, and oximetry over several nights. The company also provides AirView, a cloud-based system that enables remote monitoring and changing of patients' device settings; myAir, a personalized therapy management application for patients with sleep apnea that provides support, education, and troubleshooting tools for increased patient engagement and improved compliance; U-Sleep, a compliance monitoring solution that enables home medical equipment (HME) to streamline their sleep programs; connectivity module and propeller solutions; and Propeller portal. It offers out-of-hospital software solution, such as Brightree business management software and service solutions to providers of HME, pharmacy, home infusion, orthotics, and prosthetics services; MatrixCare care management and related ancillary solutions to senior living, skilled nursing, life plan communities, home health, home care, and hospice organizations, as well as related accountable care organizations; HEALTHCAREfirst that offers electronic health record, software, billing and coding services, and analytics for home health and hospice agencies; and MEDIFOX DAN's software solutions. The company markets its products to sleep clinics, home healthcare dealers, and hospitals through a network of distributors and direct sales force. ResMed Inc. was founded in 1989 and is headquartered in San Diego, California.
Contact Information
Market Cap
$36.07B
P/E (TTM)
24.4
35.7
Dividend Yield
0.9%
52W High
$293.81
52W Low
$199.92
52W Range
Rank16Top 3.7%
6.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Strong • 6.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q2 2026 Data
Revenue
$1.42B+10.98%
4-Quarter Trend
EPS
$2.69-201.28%
4-Quarter Trend
FCF
$311.21M+7.41%
4-Quarter Trend
2026 Q2 Earnings Highlights
Key Highlights
Revenue Growth Strong Net revenue $1.42B, increasing 11% over prior period; 9% growth constant currency for the quarter.
Gross Margin Expansion Noted Gross margin reached 61.8%, up 320 basis points from 58.6% reported in the prior year period.
Net Income Increased 14% Net income $392.6M, reflecting 14% increase compared to $344.6M reported in the prior year period.
Strong Liquidity Position Cash and equivalents total $1.42B; $1.5B available on revolving credit facility as of period end.
Risk Factors
Restructuring Charges Taken Recorded $5.9M restructuring charges for workforce planning activities impacting both operating segments this quarter.
Tax Rate Increase Impact Effective tax rate rose to 20.9% due to Pillar Two global minimum tax implementation across global mix.
Pending Litigation Exposure Involved in multiple patent infringement suits; final outcomes are uncertain, potential material adjustment possible.
Intangible Amortization Rises Amortization of acquired intangibles rose to $11.8M for the quarter due to VirtuOx acquisition intangibles.
Outlook
R&D Investment Focus Invested $91.0M in R&D, emphasizing new features for AirSense 11 device platform and product pipeline.
Treasury Stock Activity Deployed $325.0M for treasury stock purchases during the first six months ended December 31, 2025 period.
Debt Facility Maintained Maintained $1.5B available under revolving credit facility, ensuring strong liquidity for future operational needs.
Future Tax Guidance Monitoring Monitoring OECD Pillar Two guidance, specifically the Side-by-Side Safe Harbor expected to impact fiscal year 2027.
Peer Comparison
Revenue (TTM)
$244.49B
$129.66B
$30.01B
Gross Margin (Latest Quarter)
82.5%
78.3%
65.0%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| BDX | $59.37B | 26.6 | 6.9% | 35.6% |
| TAK | $57.53B | 80.8 | 1.6% | 31.5% |
| CAH | $51.07B | 30.7 | -58.9% | 15.5% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
3.3%
Moderate Growth
4Q Net Income CAGR
2.5%
Profitability Slowly Improving
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:Apr 21, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
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Income Statement | LTM |
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