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ResMed RMD Q2 2025 earnings

Reported January 30, 2025 · After market close

Revenue estimate$1.3B
EPS estimate$2.32

Next report

Aug 6, 2026 (In 3 weeks)
Revenue estimate$1.5B
EPS estimate$2.90

Financials

Q2 2025

Income statement

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Revenue$1.3B+10.3%
Gross profit$751.3M+16.1%
Operating income$417.2M+51.7%
Net income$344.6M+65.0%
EPS (diluted)$2.34+64.8%

Balance sheet

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Cash & equivalents$521.9M+148%
Total debt$849.6M-39.4%
Total equity$5.3B+17.2%
Total assets$7.1B+3.4%

Cash flow

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Operating cash flow$308.6M+13.1%
CapEx$20.6M-11.6%
Free cash flow$288.0M+15.4%

Valuation & ratios

Valuation

as of 12/31/24
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Market cap$33.57B+32.6%
Enterprise value$33.9B+27.9%
P/E26.9×-1.5×
P/S6.8×+1.2×

Profitability

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Gross margin58.4%+3.3pp
Operating margin31.7%+6.4pp
Net margin25.3%+5.6pp
FCF margin28.2%+6.9pp

Returns & leverage

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Return on equity25.7%+4.0pp
Debt / equity0.2×-0.2×
Current ratio3.3×+0.2×

Segments

By product

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Devices$1.3B+10.4%
Sleep And Breathing Health$1.1B+10.6%
Masks and other$912.6M+10.8%
Residential Care Software$156.5M+8.0%

By geography

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Global revenue$1.3B+10.3%
U.S., Canada and Latin America$748.9M+11.9%
Combined Europe, Asia and other markets$376.6M+8.1%

By segment

See full
Sleep and Breathing Health$1.1B+10.6%
Residential Care Software$156.5M+8.0%

Versus estimates

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Questions, answered.

When did ResMed report Q2 2025 earnings?
ResMed (RMD) reported Q2 2025 earnings on January 30, 2025 after market close.
What were ResMed's Q2 2025 revenue and EPS?
ResMed reported revenue of $1.3B and diluted EPS of $2.43 for Q2 2025.
Did ResMed beat estimates in Q2 2025?
Revenue beat the consensus estimate of $1.3B by $15.4M. EPS beat the consensus estimate of $2.32 by $0.11.
Where can I find ResMed's Q2 2025 SEC filings?
You can read the 10-Q periodic report (0000943819-25-000004) directly on SEC EDGAR. The filing index links above go to sec.gov.