RMD on NYSE

ResMed

Logo: Smoothape~commonswiki, CC0, via Wikimedia Commons4

Medical equipment company

Resmed Inc. is a medical equipment company based in San Diego, California, and founded in Australia.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 18, 2026.

Overview

$5.7BRevenue, fiscal 20265
$1.5BNet income, fiscal 20265
1989Founded1

Compare with Dexcom, Solventum or MiniMed Group, Inc., or pick any stock.

  • TickerRMD on NYSE1
  • Industrymedicine1
  • HeadquartersSan Diego1
  • Websitewww.resmed.com
  • Listed onAustralian Securities Exchange (RMD), New York Stock Exchange (RMD)1
  • Incorporated inDE6
  • Business address9001 Spectrum Center Blvd., San Diego, Ca 921236
  • Filer categoryLarge accelerated filer6

Resmed Inc. is a medical equipment company based in San Diego, California, and founded in Australia. It primarily provides cloud-connectable medical devices for the treatment of sleep apnea (such as CPAP devices and masks), chronic obstructive pulmonary disease (COPD), and other respiratory conditions. Resmed produced hundreds of thousands of ventilators and bilevel devices to help treat the respiratory symptoms of patients with COVID-19. Resmed also provides software to out-of-hospital care agencies to streamline transitions of care into and between these care settings for seniors and their care providers (i.e. home health, hospice, skilled nursing facilities, life plan communities, senior living centers, and private duty).3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

61.1%Gross margin5
33.4%Operating margin5
26.9%Net margin5
9.9%Revenue growth, 20265
23.1%Return on equity5
0.06×Debt to equity5
$1.6BFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Sleep and Breathing Health brought in 88% of the revenue ResMed broke down this way in fiscal 2026.

  1. Sleep and Breathing Health$5.0B588%up 10% from 2025
  2. Residential Care Software$675.8M512%up 5% from 2025
Products and services by year
Products and services202420252026
Sleep and Breathing Health$4.1B$4.5B$5.0B
Residential Care Software$584.1M$641.4M$675.8M

Business segments

Sleep and Breathing Health brought in 88% of the revenue ResMed broke down this way in fiscal 2026.

  1. Sleep and Breathing Health$5.0B588%up 10% from 2025
  2. Residential Care Software$675.8M512%up 5% from 2025
Business segments by year
Business segments202420252026
Sleep and Breathing Health$4.1B$4.5B$5.0B
Residential Care Software$584.1M$641.4M$675.8M

Regions

United States brought in 63% of the revenue ResMed broke down this way in fiscal 2026.

  1. United States$3.6B563%up 8% from 2025
  2. Outside the United States$2.1B537%up 12% from 2025
Regions by year
Regions202420252026
United States$3.0B$3.3B$3.6B
Outside the United States$1.7B$1.9B$2.1B

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue39¢$2.2B
  • Research and development7¢$378.3M
  • Selling, general and admin20¢$1.1B
  • Other costs1¢$34.5M
  • Income tax7¢$396.1M
  • Profit27¢$1.5B

Out of $5.7B in revenue.5

Where each dollar of operating cash went, fiscal 2026

  • Capital spending9¢$156.3M
  • Dividends paid19¢$349.7M
  • Share buybacks39¢$700.0M
  • Kept or used elsewhere33¢$599.8M

Out of $1.8B of cash from operations.5

Financial statements

Revenue891011125$5.7B in 2026+117% since 2019
0$2.0B$4.0B$6.0B2019: $2.6B$2.6B20192020: $3.0B$3.0B2020+13%2021: $3.2B$3.2B2021+8%2022: $3.6B$3.6B2022+12%2023: $4.2B$4.2B2023+18%2024: $4.7B$4.7B2024+11%2025: $5.1B$5.1B2025+10%2026: $5.7B$5.7B2026+10%
Gross profit891011125$3.5B in 2026+131% since 2019
0$1.0B$2.0B$3.0B$4.0B2019: $1.5B$1.5B20192020: $1.7B$1.7B2020+15%2021: $1.8B$1.8B2021+7%2022: $2.0B$2.0B2022+10%2023: $2.4B$2.4B2023+16%2024: $2.7B$2.7B2024+13%2025: $3.1B$3.1B2025+15%2026: $3.5B$3.5B2026+13%
Operating income891011125$1.9B in 2026+226% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $579.3M$579.3M20192020: $809.7M$809.7M2020+40%2021: $903.7M$903.7M2021+12%2022: $1.0B$1.0B2022+11%2023: $1.1B$1.1B2023+13%2024: $1.3B$1.3B2024+17%2025: $1.7B$1.7B2025+28%2026: $1.9B$1.9B2026+12%
Net income891011125$1.5B in 2026+277% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $404.6M$404.6M20192020: $621.7M$621.7M2020+54%2021: $474.5M$474.5M2021−24%2022: $779.4M$779.4M2022+64%2023: $897.6M$897.6M2023+15%2024: $1.0B$1.0B2024+14%2025: $1.4B$1.4B2025+37%2026: $1.5B$1.5B2026+9%

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2026-06-302025-06-302024-06-30
Net revenue$5.7B$5.1B$4.7B
Cost of sales (exclusive of amortization shown separately below)$2.2B$2.1B$2.0B
Amortization of acquired intangible assets$31.8M$32.1M$33.0M
Total cost of sales$2.2B$2.1B$2.0B
Gross profit$3.5B$3.1B$2.7B
Research and development$378.3M$331.3M$307.5M
Selling, general, and administrative$1.1B$993.0M$917.1M
Amortization of acquired intangible assets$45.5M$45.3M$46.5M
Restructuring expenses (note 17)$21.7M$0$64.2M
Total operating expenses$1.6B$1.4B$1.3B
Income from operations$1.9B$1.7B$1.3B
Interest income (expense), net$49.9M$4.1M-$45.7M
Gain (loss) attributable to equity method investments (note 6)$7.0M$3.6M-$1.8M
Gain (loss) on equity investments (note 6)-$15.0M-$10.3M-$4.0M
Other, net-$9.2M-$5.3M-$3.5M
Total other income (loss), net$32.7M-$7.8M-$55.1M
Income before income taxes$1.9B$1.7B$1.3B
Income taxes (note 12)$396.1M$276.8M$243.8M
Net income$1.5B$1.4B$1.0B
Basic earnings per share (note 11) (in dollars per share)$10.47$9.55$6.94
Diluted earnings per share (note 11) (in dollars per share)$10.43$9.51$6.92
Dividend declared per share (in dollars per share)$2.40$2.12$1.92
Basic shares outstanding (000's) (in shares)145.5M shares146.7M shares147.0M shares
Diluted shares outstanding (000's) (in shares)146.1M shares147.3M shares147.6M shares

Compare ResMed with another company

The story

Founded by Peter Farrell in 1989.1

Resmed was established in June 1989 by Peter Farrell in Australia. The company opened an office in San Diego in 1992, and made that its headquarters two years later when it incorporated in the US.

From Wikipedia’s article on ResMed, shared under CC BY-SA 4.0.7

Leadership

Who has led ResMed, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (25)

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Timeline

  1. Mar 5, 2013New chief executive Michael Farrell becomes CEO1
  2. Sep 2, 2008New chief executive Kieran Gallahue becomes CEO17
  3. Feb 10, 2006New chief executive Peter Farrell becomes CEO18
  4. 1989Founded Founded1

Filings

608 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 40 major events, 368 insider forms, 13 large holders, 167 other. The latest 20:

  1. Oct 8, 20264 PRIMARY DOCUMENT EDGAR
  2. Oct 7, 2026144 EDGAR
  3. Oct 1, 2026ARS EDGAR
  4. Oct 1, 2026DEFA14A EDGAR
  5. Oct 1, 2026DEF 14A EDGAR
  6. Oct 1, 20264/A PRIMARY DOCUMENT EDGAR
  7. Oct 1, 20264 PRIMARY DOCUMENT EDGAR
  8. Oct 1, 20264 PRIMARY DOCUMENT EDGAR
  9. Oct 1, 20264 PRIMARY DOCUMENT EDGAR
  10. Oct 1, 20264 PRIMARY DOCUMENT EDGAR
  11. Sep 10, 20264 PRIMARY DOCUMENT EDGAR
  12. Sep 8, 2026144 EDGAR
  13. Sep 4, 20264 PRIMARY DOCUMENT EDGAR
  14. Sep 2, 2026144 EDGAR
  15. Sep 1, 20268-K EDGAR
  16. Aug 17, 20268-K EDGAR
  17. Aug 13, 202610-K EDGAR
  18. Aug 11, 20264 PRIMARY DOCUMENT EDGAR
  19. Aug 7, 2026144 EDGAR
  20. Aug 7, 2026SCHEDULE 13G EDGAR

The 608 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 13 such filings since October 2021, the latest 10:

  1. Aug 7, 2026SCHEDULE 13G
  2. Apr 29, 2026SCHEDULE 13G
  3. Apr 29, 2026SCHEDULE 13G
  4. Mar 27, 2026SCHEDULE 13G/A
  5. Oct 30, 2025SCHEDULE 13G/A
  6. Feb 13, 2024SC 13G/A
  7. Jan 25, 2024SC 13G/A
  8. Feb 10, 2023SC 13G/A
  9. Feb 9, 2023SC 13G/A
  10. Feb 7, 2023SC 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.12,317,194$2.4B0.0%+223,171
Vanguard Capital Management LLC9,474,129$1.8B0.0%+7,713
Vanguard Portfolio Management LLC7,913,661$1.5B0.1%+49,739
State Street Corp6,680,735$1.3B0.0%+37,567
Geode Capital Management, LLC4,352,320$845.2M0.0%−553
Bank of New York Mellon Corp4,197,610$818.0M0.1%−727,776
First Trust Advisors LP2,278,696$444.1M0.3%+740,871
Invesco Ltd.2,063,578$402.1M0.0%+106,964
Morgan Stanley1,928,931$375.9M0.0%−757,890
Northern Trust Corp1,696,674$330.6M0.0%−29,019
Nordea Investment Management Ab1,388,008$269.6M0.2%+354,627
Deutsche Bank Ag\1,322,313$257.7M0.1%−100,552
UBS Group AG1,289,300$251.3M0.0%+562,489
Swedbank AB1,274,897$248.5M0.2%−75,337
Charles Schwab Investment Management Inc1,222,473$238.2M0.0%+87,174
Goldman Sachs Group Inc1,160,426$226.1M0.0%+156,221
Arrowstreet Capital, Limited Partnership1,129,739$220.2M0.1%+679,489
Dimensional Fund Advisors LP1,123,577$219.0M0.0%+119,359
Legal & General Group Plc942,614$183.7M0.0%−47,747
Aqr Capital Management LLC910,623$177.1M0.1%+560,783
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC858,134$167.2M0.0%+9,064
Jpmorgan Chase & Co833,536$165.4M0.0%+128,389
Vanguard Fiduciary Trust Co814,716$158.8M0.0%−10,360
Bank Of America Corp /de/775,424$151.1M0.0%−153,006
Citigroup Inc774,425$150.9M0.1%+384,343

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

16 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Mar 27, 2026Alan ArmstrongRepublican, SenateBuy$1,001 - $15,000−11.8%Report
Jun 4, 2025Kelly MorrisonDemocratic, HouseSale$1,001 - $15,000+32.6%Report
Jun 4, 2025Kelly MorrisonDemocratic, HouseSale$1,001 - $15,000+32.6%Report
Jun 4, 2025Kelly MorrisonDemocratic, HouseSale$1,001 - $15,000+32.6%Report
Jun 4, 2025Kelly MorrisonDemocratic, HouseSale$1,001 - $15,000+32.6%Report
Apr 28, 2025Kelly MorrisonDemocratic, HouseSale$1,001 - $15,000+36.7%Report
Jan 13, 2025Robert P. Bresnahan, Jr.Republican, HouseSale$1,001 - $15,000+27.6%Report
May 3, 2024Tommy TubervilleRepublican, SenateSale$1,001 - $15,000+39.3%Report
Oct 17, 2023Tommy TubervilleRepublican, SenateBuy$1,001 - $15,000−6.2%Report
Aug 29, 2023Thomas R Carper, SenateBuy$1,001 - $15,000−24.1%Report
Jan 11, 2023Thomas R Carper, SenateSale$1,001 - $15,000+82.2%Report
Oct 5, 2022Tommy TubervilleRepublican, SenateSale$1,001 - $15,000+100.2%Report
Mar 30, 2022Tommy TubervilleRepublican, SenateBuy$1,001 - $15,000−71.0%Report
Oct 26, 2021Tommy TubervilleRepublican, SenateSale$1,001 - $15,000+78.8%Report
Jul 9, 2020Thomas R Carper, SenatePartial sale$1,001 - $15,000+120.4%Report
Apr 2, 2020Thomas R Carper, SenatePartial sale$1,001 - $15,000+145.1%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

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