Discontinued — last reported Q1 '24
Business Segments · Operating Income
Software As Service — Operating Income
ResMed Software As Service — Operating Income decreased by 7.3% to $38.75M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 20.4%, from $32.20M to $38.75M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2024
Rolls up toOperating Income
How to read this metric
An increase indicates improved operational leverage and profitability within the digital services segment, suggesting the platform is scaling effectively.
Detailed definition
This metric measures the profitability of the software and digital health business segment after accounting for direct o...
Peer comparison
Comparable to segment-level operating margins for digital health or software divisions in diversified healthcare technology companies.
Metric ID:
rmd_segment_software_as_service_operating_income_lossHistorical 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 | $22.11M | $22.02M | $23.00M | $23.65M | $25.15M | $24.44M | $28.81M | $32.20M | $31.26M | $41.79M | $38.75M |
| QoQ Change | — | -0.4% | +4.5% | +2.8% | +6.4% | -2.8% | +17.9% | +11.8% | -2.9% | +33.7% | -7.3% |
| YoY Change | — | — | — | — | +13.8% | +11.0% | +25.3% | +36.2% | +27.9% | +45.0% | +20.4% |
Range$22.02M – $41.79M
CAGR+25.2%
Avg YoY Growth+25.6%
Median YoY Growth+25.3%
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Frequently Asked Questions
- What is ResMed's software as service — operating income?
- ResMed (RMD) reported software as service — operating income of $38.75M in Q1 2024.
- How has ResMed's software as service — operating income changed year-over-year?
- ResMed's software as service — operating income increased by 20.4% year-over-year, from $32.20M to $38.75M.
- What does software as service — operating income mean?
- The profit or loss generated by the software and digital services segment before interest and taxes.