Skip to content
OpenCapital
Get started

Outset Medical, Inc. OM Q1 2026 earnings

Reported May 7, 2026 · After market close

Revenue$27.9MMiss by $1.0M
EPS-$0.83Miss by $0.04
Revenue estimate$28.9M
EPS estimate-$0.79

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$29.0M
EPS estimate-$0.72

Financials

Q1 2026

Income statement

See full
Revenue$27.9M-6.3%
Gross profit$12.1M+9.3%
Operating income-$16.9M-3.2%
Net income-$19.0M+26.4%
EPS (diluted)-$1.03+71.9%

Balance sheet

See full
Cash & equivalents$30.6M-59.7%
Total debt$101.6M+3.5%
Total equity$111.7M-34.3%
Total assets$249.5M-17.2%

Cash flow

See full
Operating cash flow-$12.8M+50.0%
CapEx$65.0K-47.2%
Free cash flow-$12.9M+49.9%

Valuation & ratios

Valuation

as of 07/28/26
See full
Market cap$80.08M-75.0%
Enterprise value$151.13M-60.1%
P/S0.7×-2.0×

Profitability

See full
Gross margin40.6%+4.7pp
Operating margin-57.2%-12.9pp
Net margin-63.7%-16.7pp
FCF margin-29.1%-11.5pp

Returns & leverage

See full
Return on equity-53.2%-14.8pp
Debt / equity0.9×+0.3×
Current ratio6.3×-2.1×

Segments

By product

See full
Consumables Product$13.2M-7.2%
Service And Other Revenue$9.3M+10.1%
Consoles Product$5.4M-24.2%

Versus estimates

Revenue

Q1 2026$27.9MMiss by $1.0M
Q4 2025$28.9MBeat by $2.3MQ3 2025$29.4MMiss by $1.3MQ2 2025$31.4MBeat by $2.0MQ1 2025$29.8MBeat by $1.9MQ4 2024$29.5MBeat by $993.6K

Diluted EPS

Q1 2026-$0.83Miss by $0.04
Q4 2025-$0.84Miss by $0.17Q3 2025-$0.69Miss by $0.03Q2 2025-$0.84Beat by $0.14Q1 2025-$3.24Miss by $2.30Q4 2024-$5.55Beat by $0.65

Ask the moment Outset Medical, Inc. reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did Outset Medical, Inc. report Q1 2026 earnings?
Outset Medical, Inc. (OM) reported Q1 2026 earnings on May 7, 2026 after market close.
What were Outset Medical, Inc.'s Q1 2026 revenue and EPS?
Outset Medical, Inc. reported revenue of $27.9M and eps of $-0.83 for Q1 2026.
Did Outset Medical, Inc. beat estimates in Q1 2026?
Revenue missed the consensus estimate of $28.9M by $1.0M. EPS missed the consensus estimate of $-0.79 by $0.04.
How did Outset Medical, Inc.'s Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 6.2% from $29.8M a year earlier and eps grew 74.4% from $-3.24.
Where can I find Outset Medical, Inc.'s Q1 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-211980) and the 10-Q periodic report (0001193125-26-212481) directly on SEC EDGAR. The filing index links above go to sec.gov.