OMNICELL, INC. (OMCL) FY2025 10-K Annual Report

Filed: Feb 26, 2026
Industrials
Electronic ComputersSEC EDGAR

OMNICELL, INC. (OMCL) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 26, 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.

OMNICELL, INC. FY2025 10-K Analysis

Business Overview

  • Core business model: medication management solutions and adherence tools primarily for healthcare systems and pharmacies in the U.S. market
  • No new product lines or segments introduced; company continues managing as a single operating and reporting segment
  • Strategic focus remains on integrated hardware, software, and services contracts with emphasis on identifying distinct performance obligations for revenue recognition
  • Revenue $1.185B, up 6.5% YoY driven by product revenues $665.7M (+5.6%) and service revenues $519.1M (+7.8%)
  • Noteworthy: net income sharply decreased to $2.1M from $12.5M in prior year, reflecting narrowed operating income $5.2M vs $0.3M prior and ongoing investment in R&D ($88.7M)

Management Discussion & Analysis

  • Revenue $1.185B in 2025, up $72.6M or 7% YoY from $1.112B in 2024; product revenues $665.7M (+6%), service revenues $519.1M (+8%)
  • ARR $636M in 2025, up from $580M in 2024; product bookings $535M in 2025, down from $558M in 2024
  • Operating segment: Single reporting segment; best performing area includes XTExtend product revenue growth; worst impacted includes XT Series dispensing systems due to lifecycle timing and Central Pharmacy Dispensing Service product revenue decline
  • No segment-level profitability or margin % given; CODM evaluates consolidated net income (loss)
  • Cash flow and capital allocation details not disclosed in provided text
  • Forward outlook: Anticipates healthcare fiscal headwinds including $910B Medicaid cut, rising tariffs, and labor shortages pressuring margins; expects shift to flexible payment models (leasing, subscriptions) and investment in pharmacy automation and analytics

Risk Factors

  • Regulatory risk under privacy and data protection laws with potential compliance cost and liability exposure
  • Cybersecurity disruption risk involving information system breaches impacting business operations
  • Third-party service provider dependency creating information security vulnerabilities from cloud and cybersecurity vendors
  • Key-person risk from reliance on Chief Information Security Officer with 20+ years experience overseeing cybersecurity
  • Audit Committee oversight risk with reliance on post-incident remediation and monitoring to mitigate cybersecurity incidents

OMNICELL, INC. FY2025 Key Financial Metrics
XBRL

Revenue

$1.2B

+6.5% YoY

Net Income

$2M

-83.6% YoY

Gross Margin

42.5%

+14bp YoY

Operating Margin

0.4%

+41bp YoY

Net Margin

0.2%

-95bp YoY

ROE

0.2%

-84bp YoY

Total Assets

$2.0B

-6.9% YoY

EPS (Diluted)

$0.04

-85.2% YoY

Operating Cash Flow

$127M

-32.2% YoY

Source: XBRL data from OMNICELL, INC. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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