Outset Medical financials
$3.03+2.36%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 |
|---|---|---|---|---|---|---|
| Revenue | $119.5M | $113.7M | $130.4M | $115.4M | $102.6M | $49.9M |
| Gross profit | $46.8M | $38.6M | $29.0M | $17.8M | $7.6M | -$13.0M |
| Gross margin | 39.1% | 33.9% | 22.2% | 15.5% | 7.4% | −26.1% |
| Operating income | -$66.7M | -$113.4M | -$169.8M | -$161.0M | -$130.5M | -$117.5M |
| Net income | -$81.7M | -$128.0M | -$172.8M | -$163.0M | -$131.9M | -$79.3M |
| Net margin | −68.3% | −112.6% | −132.5% | −141.2% | −128.6% | −158.9% |
| Diluted EPS | $-5.37 | $-36.96 | $-52.28 | $-50.70 | $-43.35 | $-72.75 |
| EBITDA | -$62.4M | -$107.6M | -$164.0M | -$155.8M | -$125.4M | -$114.3M |
| Operating cash flow | -$46.3M | -$116.3M | -$131.4M | -$145.7M | -$130.3M | -$99.0M |
| Free cash flow | -$47.1M | -$117.2M | -$134.8M | -$154.1M | -$133.4M | -$108.1M |
| Diluted shares | 15.2M | 3.5M | 3.3M | 3.2M | 3.0M | 1.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $35.0M | $124.0M | $68.5M | $73.2M | $182.3M | $295.0M |
| Short-term investments | $133.9M | $34.7M | $134.8M | $214.3M | $157.1M | $19.9M |
| Total debt | $96.2M | $197.4M | $130.1M | $96.3M | $29.8M | $29.7M |
| Total assets | $264.5M | $275.8M | $313.8M | $400.1M | $463.5M | $403.8M |
| Total liabilities | $137.5M | $249.0M | $190.9M | $154.1M | $89.4M | $75.2M |
| Shareholders' equity | $127.0M | $26.8M | $122.9M | $246.0M | $374.1M | $328.6M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology