Outset Medical (OM) Revenue & Revenue Breakdown
Outset Medical Revenue Highlights
Latest Revenue (Y)
$130.38M
Latest Revenue (Q)
$27.39M
Main Segment (Y)
Product
Outset Medical Revenue by Period
Outset Medical Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $130.38M | 13.00% |
| 2022-12-31 | $115.38M | 12.45% |
| 2021-12-31 | $102.60M | 105.47% |
| 2020-12-31 | $49.94M | 231.18% |
| 2019-12-31 | $15.08M | 651.27% |
| 2018-12-31 | $2.01M | - |
Outset Medical generated $130.38M in revenue during NA 2023, up 13.00% compared to the previous quarter, and up 6496.06% compared to the same period a year ago.
Outset Medical Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $27.39M | -2.77% |
| 2024-03-31 | $28.17M | -7.67% |
| 2023-12-31 | $30.51M | 0.48% |
| 2023-09-30 | $30.36M | -15.75% |
| 2023-06-30 | $36.04M | 7.69% |
| 2023-03-31 | $33.47M | 4.56% |
| 2022-12-31 | $32.01M | 15.29% |
| 2022-09-30 | $27.76M | 10.79% |
| 2022-06-30 | $25.06M | -17.98% |
| 2022-03-31 | $30.55M | 8.52% |
| 2021-12-31 | $28.15M | 6.97% |
| 2021-09-30 | $26.32M | 4.37% |
| 2021-06-30 | $25.22M | 10.04% |
| 2021-03-31 | $22.92M | 32.87% |
| 2020-12-31 | $17.25M | 25.38% |
| 2020-09-30 | $13.76M | 17.15% |
| 2020-06-30 | $11.74M | 63.31% |
| 2020-03-31 | $7.19M | 1.48% |
| 2019-12-31 | $7.08M | 169.39% |
| 2019-09-30 | $2.63M | -8.43% |
| 2019-06-30 | $2.87M | 15.30% |
| 2019-03-31 | $2.49M | - |
Outset Medical generated $27.39M in revenue during Q2 2024, up -2.77% compared to the previous quarter, and up 81.84% compared to the same period a year ago.
Outset Medical Revenue Breakdown
Outset Medical Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
|---|---|---|---|---|
| Consoles Product | $61.33M | $64.59M | $65.13M | - |
| Consumables Product | $42.21M | $28.80M | $19.18M | $6.74M |
| Product | $103.54M | $93.39M | $84.31M | $39.61M |
| Service And Other Revenue | $26.84M | $21.99M | $18.29M | $10.32M |
Outset Medical's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (44.26%), Consoles Product (26.22%), Consumables Product (18.04%), and Service And Other Revenue (11.47%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Service And Other Revenue | $7.74M | $7.61M | $6.83M | $6.71M | $5.69M | $5.64M | $6.02M | $5.44M | $4.89M | $4.50M | $4.49M | $4.59M | $4.71M | $4.07M | $2.94M |
| Product | $20.43M | $22.90M | $23.53M | $29.33M | $27.78M | $26.36M | $21.74M | $19.62M | $25.66M | $23.65M | $21.82M | $20.63M | $18.21M | $13.18M | $10.81M |
| Consumables Product | $11.22M | $12.62M | $11.03M | $9.65M | $8.92M | $8.00M | $6.79M | $6.39M | $7.61M | $5.56M | $6.40M | $3.77M | $3.44M | $2.54M | $1.79M |
| Consoles Product | $9.21M | $10.28M | $12.51M | $19.68M | $18.86M | $18.36M | $14.95M | $13.23M | $18.05M | $18.09M | $15.42M | $16.86M | $14.77M | $10.64M | $9.02M |
Outset Medical's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Product (42.04%), Consumables Product (23.08%), Consoles Product (18.95%), and Service And Other Revenue (15.93%).
Outset Medical Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CNMD | CONMED | $1.24B | $316.70M |
| SWAV | ShockWave Medical | $730.23M | $218.81M |
| INSP | Inspire Medical Systems | $624.80M | $195.88M |
| NARI | Inari Medical | $493.63M | $153.39M |
| NVRO | Nevro | $425.17M | $101.90M |
| KIDS | OrthoPediatrics | $148.73M | $52.80M |
| SIBN | SI-BONE | $138.89M | $39.97M |
| OM | Outset Medical | $130.38M | $27.39M |
| SGHT | Sight Sciences | $81.06M | $21.37M |
| LUNG | Pulmonx | $68.67M | $20.39M |
| NPCE | NeuroPace | $65.42M | $18.12M |
| CVRX | CVRx | $39.30M | $13.37M |
| CLPT | ClearPoint Neuro | $23.95M | $7.86M |
| OFIX | Orthofix Medical | $100.00K | $198.62M |
OM Revenue FAQ
What is Outset Medical’s yearly revenue?
Outset Medical's yearly revenue for 2023 was $130.38M, representing an increase of 13.00% compared to 2022. The company's yearly revenue for 2022 was $115.38M, representing an increase of 12.45% compared to 2021. OM's yearly revenue for 2021 was $102.6M, representing an increase of 105.47% compared to 2020.
What is Outset Medical’s quarterly revenue?
Outset Medical's quarterly revenue for Q2 2024 was $27.39M, a -2.77% decrease from the previous quarter (Q1 2024), and a -24.01% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $28.17M, a -7.67% decrease from the previous quarter (Q4 2023), and a -15.83% decrease year-over-year (Q1 2023). OM's quarterly revenue for Q4 2023 was $30.51M, a 0.48% increase from the previous quarter (Q3 2023), and a -4.69% decrease year-over-year (Q4 2022).
What is Outset Medical’s revenue growth rate?
Outset Medical's revenue growth rate for the last 3 years (2021-2023) was 27.07%, and for the last 5 years (2019-2023) was 764.68%.
What are Outset Medical’s revenue streams?
Outset Medical's revenue streams in c 23 are Consoles Product, Consumables Product, Product, and Service And Other Revenue. Consoles Product generated $61.33M in revenue, accounting 26.22% of the company's total revenue, down -5.05% year-over-year. Consumables Product generated $42.21M in revenue, accounting 18.04% of the company's total revenue, up 46.56% year-over-year. Product generated $103.54M in revenue, accounting 44.26% of the company's total revenue, up 10.87% year-over-year. Service And Other Revenue generated $26.84M in revenue, accounting 11.47% of the company's total revenue, up 22.07% year-over-year.
What is Outset Medical’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Outset Medical was Product. This segment made a revenue of $103.54M, representing 44.26% of the company's total revenue.