Discontinued — last reported Q1 '24
Products & Services · Net revenue by segment
Software as a Service — Net revenue by segment
ResMed Software as a Service — Net revenue by segment increased by 2.1% to $147.96M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 8.2%, from $136.78M to $147.96M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ3 2017
Last reportedQ1 2024
Rolls up toTotal Revenue
How to read this metric
An increasing share of total revenue from this segment suggests a successful transition toward a recurring revenue business model.
Detailed definition
This metric provides a breakdown of total company revenue specifically attributed to the Software as a Service segment....
Peer comparison
Standard segment reporting requirement for public companies with distinct business lines.
Metric ID:
rmd_segment_software_as_a_service_net_revenue_by_segmentHistorical Data
11 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $95.78M | $97.52M | $99.03M | $101.14M | $103.14M | $105.85M | $116.76M | $136.78M | $139.28M | $144.95M | $147.96M |
| QoQ Change | — | +1.8% | +1.6% | +2.1% | +2.0% | +2.6% | +10.3% | +17.1% | +1.8% | +4.1% | +2.1% |
| YoY Change | — | — | — | — | +7.7% | +8.5% | +17.9% | +35.2% | +31.6% | +24.1% | +8.2% |
Range$95.78M – $147.96M
CAGR+19.0%
Avg YoY Growth+19.0%
Median YoY Growth+17.9%
Current Streak10+ quarters growth
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Frequently Asked Questions
- What is ResMed's software as a service — net revenue by segment?
- ResMed (RMD) reported software as a service — net revenue by segment of $147.96M in Q1 2024.
- How has ResMed's software as a service — net revenue by segment changed year-over-year?
- ResMed's software as a service — net revenue by segment increased by 8.2% year-over-year, from $136.78M to $147.96M.
- What does software as a service — net revenue by segment mean?
- The specific portion of total company revenue generated by the SaaS segment.