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ResMed RMD Gross margin

Gross margin at other companies

Eli Lilly logo
Eli LillyLLY
82.8%+1.1pp
Stryker logo
StrykerSYK
63.8%-0.1pp
Insmed logo
InsmedINSM
81.8%+5.3pp
GE HealthCare Technologies logo
GE HealthCare TechnologiesGEHC
39.1%-2.9pp
Boston Scientific logo
Boston ScientificBSX
69.2%+0.5pp
Intuitive Surgical logo
Intuitive SurgicalISRG
66.3%-0.8pp

Other financials

Income statement

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Revenue$1.4B+10.8%
Gross profit$891.0M+16.3%
Operating income$499.8M+17.3%
Net income$398.7M+9.2%
EPS (diluted)$2.74+10.5%

Balance sheet

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Cash & equivalents$1.7B+78.0%
Total debt$1.1B+29.8%
Total equity$6.5B+17.1%
Total assets$8.8B+16.1%

Cash flow

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Operating cash flow$554.1M-4.2%
CapEx$33.7M+61.8%
Free cash flow$520.5M-6.7%

Valuation

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Market cap$27.02B-0.5%
Enterprise value$26.47B-2.0%
P/E17.8×-2.9×
P/S4.9×-0.5×

Profitability

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Operating margin34.2%+2.1pp
Net margin27.4%+1.3pp

Returns & leverage

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Return on equity25.2%-0.6pp
Debt / equity0.2×0.0×
Current ratio-0.4×

Where this comes from

Calculated from ResMed’s reported figures.

Based on trailing twelve months.

The official record: ResMed’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ResMed's gross margin?
ResMed (RMD) reported gross margin of 61.6% in Q1 2026.
How has ResMed's gross margin changed year-over-year?
ResMed's gross margin increased by 4.8% year-over-year, from 58.8% to 61.6%.
What is the long-term trend for ResMed's gross margin?
Over 4 years (2021 to 2025), ResMed's gross margin has grown at a 0.2% compound annual growth rate (CAGR), from 232.2% to 234.2%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.