Outset Medical, Inc. (OM) FY2025 10-K Annual Report

Filed: Feb 13, 2026
Health Care
Electromedical & Electrotherapeutic ApparatusSEC EDGAR

Outset Medical, Inc. (OM) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 13, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Outset Medical, Inc. FY2025 10-K Analysis

Business Overview

  • Core business model not detailed; focus on corporate governance and compliance policies
  • No new products, services, or segments introduced or emphasized this year
+3 more insights

Management Discussion & Analysis

  • Revenue $119.5M, up 5% YoY from $113.7M; product revenue $84.8M (+5%), service revenue $34.7M (+6%)
  • Gross margin 39.1% vs 33.9%, gross profit $46.8M, up 21%, driven by higher console and consumable margins
+4 more insights

Risk Factors

  • FDA warning letter in 2023 and ongoing compliance risks with medical device regulations impacting Tablo production and approval processes
  • Dependence on Mexico manufacturing exposed to U.S. tariffs risk from Section 232 Trade Expansion Act investigation started September 2025
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Outset Medical, Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$119M

+5.1% YoY

Net Income

-$82M

+36.2% YoY

Gross Margin

39.1%

+521bp YoY

Operating Margin

-55.8%

+4389bp YoY

Net Margin

-68.3%

+4422bp YoY

ROE

-64.3%

+41287bp YoY

Total Assets

$264M

-4.1% YoY

EPS (Diluted)

$-5.37

-118.3% YoY

Operating Cash Flow

-$46M

+60.2% YoY

Source: XBRL data from Outset Medical, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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