Filing Flows › Outset Medical (OM) › Q1 2025
Outset Medical (OM) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Outset Medical (OM) reported revenue of $29.8M for the first quarter 2025 (Q1 2025), +6% from a year earlier and +1% from the quarter before. Operating margin was -55.1%, net loss $25.8M (86.7% of revenue).
Outset Medical, Q1 2025: revenue $29.8M (+6% year over year), operating margin -55.1%, net loss $25.8M, operating cash flow −$25.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $29.8M | +1% | +6% |
| Operating profit | −$16.4M | — | — |
| Net earnings | −$25.8M | — | — |
| Operating cash flow | −$25.7M | — | — |
What changed
Revenue was $29.8M in Q1 2025, up 6% year over year and up 1% from the previous quarter. Consumables Product was the largest line at 48% of revenue. Consumables Product added $3.0M year over year (up 27%), 188% of the total change. Consoles Product declined 23%.
Gross margin was 37.2%, up 8.0 points from a year earlier. Operating costs exceeded revenue by $16.4M, an operating margin of -55.1%. Operating expenses fell 39% while revenue rose 6%. The quarter ended with a net loss of $25.8M, wider than the previous quarter's $25.6M loss.
Operating cash flow was −$25.7M. Non-cash charges added back $1.3M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items used $4.2M. Capital expenditures of $123K exceeded it, leaving free cash flow of −$25.8M.
Questions
What was Outset Medical's revenue in the first quarter 2025?
Outset Medical (OM) reported revenue of $29.8M for the first quarter 2025 (Q1 2025), +6% from a year earlier and +1% from the quarter before.
Was Outset Medical profitable in the first quarter 2025?
Operating loss was $16.4M (-55.1% of revenue) and net loss $25.8M.
Source: Outset Medical 10-Q on SEC EDGAR.