Income StatementBalance SheetCash FlowSegments
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ResMed Business Segments

Business, geographic, and product segment breakdowns

ResMed generates $5.5B in annual revenue across 2 key segments: Residential Care Software ($670.9M), and Sleep and Breathing Health ($4.9B). The company-wide operating margin is 34.18%. Based on the Q1 2026 filing.

Residential Care Software (TTM)$670.9MSleep and Breathing Health (TTM)$4.9B
Latest FilingQ1 2026
Report Date2026-04-30
Market Cap$29.6B
P/E Ratio19.49
ROE25.25%

Products & Services

Net revenue by segment

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Devices$1.3B$1.4B—$1.4B$1.5B$1.5B
Sleep And Breathing Health$1.1B$1.1B$1.2B$1.2B$1.3B$1.3B
Masks and other$912.6M$908.7M—$978.3M$1.1B$1.0B
Residential Care Software$156.5M$161.2M$167.0M$166.1M$166.9M$170.9M

Amortization of Intangible Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Residential Care Software$6.4M$6.3M$6.3M$6.4M$6.4M$6.4M
Sleep And Breathing Health$1.2M$1.2M$3.0M$1.4M$1.4M$1.4M

Cost of sales (exclusive of amortization shown separately below)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Sleep And Breathing Health$473.4M$469.5M$470.0M$456.1M$484.8M$481.7M
Residential Care Software$49.8M$48.3M$48.6M$50.8M$51.5M$50.9M

Geographic

Net revenue by segment

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Global revenue$1.3B$1.3B—$1.3B$1.4B$1.4B
U.S., Canada and Latin America$748.9M$749.3M—$774.8M$835.0M$818.7M
Combined Europe, Asia and other markets$376.6M$381.3M$389.0M$394.7M$420.9M$441.8M

Long-Lived Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Rest of the World——$100.7M———

Net revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Rest of the World$465.2M$465.2M$465.2M———

Business Segments

Adjustment to fair values of preliminary purchase price allocations

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Residential Care Software$0.0$0.0$0.0$0.0$0.0$0.0
Sleep And Breathing Health$0.0$0.0—$1.3M$0.0$0.0

Business acquisitions

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Sleep And Breathing Health$25.3M$25.3M$25.3M——$18.9M
Residential Care Software$0.0$0.0$0.0——$0.0

Cost of Sales

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Sleep And Breathing Health$468.0M$467.0M$468.2M$453.2M$482.3M$479.2M
Residential Care Software$49.8M$48.3M$48.6M$50.8M$51.5M$50.9M

Depreciation and amortization by segment

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Sleep And Breathing Health$25.2M$22.8M$39.5M$25.0M$27.3M$36.9M
Residential Care Software$2.2M$2.3M$2.6M$2.6M$2.7M$2.8M

Goodwill, Foreign Currency Translation, Gain (Loss)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Residential Care Software-$58.5M$32.8M$72.0M-$2.8M$94.0K-$16.1M
Sleep And Breathing Health-$22.2M$10.8M$24.4M-$1.1M$153.0K-$4.1M

Goodwill (note 4)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Residential Care Software$2.1B$2.1B$2.2B$2.2B$2.2B$2.1B
Sleep And Breathing Health$747.0M$757.8M$883.6M$883.8M$883.9M$898.8M

Net revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Sleep and Breathing Health$1.1B$1.1B$1.2B$1.2B$1.3B$1.3B
Residential Care Software$156.5M$161.2M$167.0M$166.1M$166.9M$170.9M

Operating Income (Loss)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Sleep And Breathing Health$488.7M$494.8M$519.9M$530.6M$571.9M$575.4M
Residential Care Software$48.9M$53.2M$55.3M$54.0M$50.0M$58.2M

Operating lease, impairment loss

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Residential Care Software————$2.7M—

R&D

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Sleep And Breathing Health$50.1M$47.2M$51.1M$50.9M$54.1M$56.4M
Residential Care Software$24.1M$24.9M$24.7M$25.0M$25.8M$26.2M

Selling, general, and administrative

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Sleep And Breathing Health$118.8M$121.6M$141.8M$134.7M$147.7M$149.5M
Residential Care Software$33.7M$34.7M$38.4M$36.3M$39.6M$35.6M