Discontinued — last reported Q2 '24
Products & Services · Net revenue
Software as a Service — Net revenue
ResMed Software as a Service — Net revenue remained flat by 0.0% to $146.03M in Q2 2024 compared to the prior quarter. Year-over-year, this metric grew by 17.3%, from $124.49M to $146.03M. Over 3 years (FY 2021 to FY 2024), Software as a Service — Net revenue shows an upward trend with a 16.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ3 2020
Last reportedQ2 2024
Rolls up toTotal Revenue
How to read this metric
Consistent growth in net revenue signals successful market penetration and high customer retention for software services.
Detailed definition
This metric measures the total income generated by the SaaS segment after accounting for returns, allowances, and discou...
Peer comparison
Universal metric for segment performance across all industries.
Metric ID:
rmd_segment_software_as_a_service_net_revenueHistorical Data
4 years
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $373.59M | $400.83M | $497.98M | $584.13M |
| YoY Change | — | +7.3% | +24.2% | +17.3% |
Range$373.59M – $584.13M
CAGR+16.1%
Avg YoY Growth+16.3%
Median YoY Growth+17.3%
Current Streak3+ years growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is ResMed's software as a service — net revenue?
- ResMed (RMD) reported software as a service — net revenue of $146.03M in Q2 2024.
- How has ResMed's software as a service — net revenue changed year-over-year?
- ResMed's software as a service — net revenue increased by 17.3% year-over-year, from $124.49M to $146.03M.
- What is the long-term trend for ResMed's software as a service — net revenue?
- Over 3 years (2021 to 2024), ResMed's software as a service — net revenue has grown at a 16.1% compound annual growth rate (CAGR), from $373.59M to $584.13M.
- What does software as a service — net revenue mean?
- The total sales revenue earned by the SaaS business unit after all adjustments.