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.
Revenue891011125$5.7B in 2026+117% since 2019Gross profit891011125$3.5B in 2026+131% since 2019Operating income891011125$1.9B in 2026+226% since 2019Net income891011125$1.5B in 2026+277% since 2019
Revenue1314$1.4B in Q3 FY2026+1% since Q2 FY2025Gross profit1314$891.0M in Q3 FY2026+1% since Q2 FY2025Operating income1314$499.8M in Q3 FY2026+2% since Q2 FY2025Net income1314$398.7M in Q3 FY2026+14% since Q2 FY2025
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
Period ending
2026-06-30
2025-06-30
2024-06-30
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 shares
146.7M shares
147.0M shares
Diluted shares outstanding (000's) (in shares)
146.1M shares
147.3M shares
147.6M shares
No quarter-by-quarter statement was filed.
Total assets15891011125$9.0B in 2026+118% since 2019Total liabilities15891011125$2.4B in 2026+17% since 2019Shareholders’ equity91011125$6.6B in 2026+218% since 2019Cash891011125$1.5B in 2026+899% since 2019Long-term debt15891011125$399.4M in 2026−68% since 2019
Total assets1314$8.8B in Q3 FY2026+3% since Q2 FY2025Total liabilities1314$2.3B in Q3 FY2026+5% since Q2 FY2025Shareholders’ equity1314$6.5B in Q3 FY2026+6% since Q2 FY2025Cash1314$1.7B in Q3 FY2026+17% since Q2 FY2025Long-term debt1314$404.2M in Q3 FY2026+0% since Q2 FY2025
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.5
Period ending
2026-06-30
2025-06-30
2024-06-30
2023-06-30
1997-04-30
Cash and cash equivalents
$1.5B
$1.2B
Accounts receivable, net of allowances of $25,839 and $22,424 at June 30, 2026 and June 30, 2025, respectively
$1.0B
$939.5M
Inventories (note 4)
$945.8M
$927.7M
Prepaid expenses and other current assets (note 4)
$416.1M
$429.0M
Assets held for sale (note 18)
$457.4M
$0
Total current assets
$4.3B
$3.5B
Property, plant and equipment, net (note 4)
$581.8M
$550.8M
Operating lease right-of-use assets (note 9)
$153.2M
$167.5M
Goodwill (note 5)
$2.9B
$3.0B
Other intangible assets, net (note 5)
$452.7M
$464.9M
Deferred income taxes (note 12)
$329.3M
$253.1M
Prepaid taxes and other non-current assets
$214.6M
$185.8M
Total non-current assets
$4.6B
$4.7B
Total assets
$9.0B
$8.2B
Accounts payable
$308.9M
$278.2M
Accrued expenses (note 7)
$494.9M
$402.3M
Operating lease liabilities, current (note 9)
$29.1M
$30.5M
Deferred revenue
$162.9M
$166.0M
Income taxes payable (note 12)
$98.1M
$132.3M
Short-term debt, net (note 8)
$259.9M
$9.9M
Liabilities held for sale (note 18)
$41.2M
$0
Total current liabilities
$1.4B
$1.0B
Deferred revenue
$171.0M
$156.8M
Deferred income taxes (note 12)
$64.6M
$77.7M
Operating lease liabilities, non-current (note 9)
$137.4M
$153.0M
Other long-term liabilities
$213.0M
$141.5M
Long-term debt, net (note 8)
$399.4M
$658.4M
Total non-current liabilities
$985.4M
$1.2B
Total liabilities
$2.4B
$2.2B
Preferred stock, $0.01 par value, 2,000,000 shares authorized; none issued
$0
$0
Common stock, $0.004 par value, 350,000,000 shares authorized; 191,037,523 issued and 144,239,563 outstanding at June 30, 2026 and 190,311,097 issued and 146,385,350 outstanding at June 30, 2025
$764.0K
$761.0K
Additional paid-in capital
$2.2B
$2.0B
Retained earnings
$7.3B
$6.1B
Treasury stock, at cost, 46,798,043 shares at June 30, 2026 and 43,925,747 shares at June 30, 2025
-$2.8B
-$2.1B
Accumulated other comprehensive loss
-$82.5M
-$74.7M
Total stockholders equity
$6.6B
$6.0B
$4.9B
$4.1B
Total liabilities and stockholders equity
$9.0B
$8.2B
Accounts receivable, allowance for credit loss, current
$25.8M
$22.4M
Preferred stock at par value (in dollars per share)
$0.01
$0.01
$0.01
Preferred stock, shares authorized (in shares)
2.0M shares
2.0M shares
2.0M shares
Preferred stock, shares issued (in shares)
0 shares
0 shares
Common stock, par value (in dollars per share)
$0.00
$0.00
Common stock, shares authorized (in shares)
350.0M shares
350.0M shares
Common stock, shares issued (in shares)
191.0M shares
190.3M shares
Common stock, shares outstanding (in shares)
144.2M shares
146.4M shares
Treasury stock, shares (in shares)
46.8M shares
43.9M shares
Period ending
2026-06-30
2025-06-30
2024-06-30
2023-06-30
1997-04-30
Cash and cash equivalents
$1.5B
$1.2B
Accounts receivable, net of allowances of $25,839 and $22,424 at June 30, 2026 and June 30, 2025, respectively
$1.0B
$939.5M
Inventories (note 4)
$945.8M
$927.7M
Prepaid expenses and other current assets (note 4)
$416.1M
$429.0M
Assets held for sale (note 18)
$457.4M
$0
Total current assets
$4.3B
$3.5B
Property, plant and equipment, net (note 4)
$581.8M
$550.8M
Operating lease right-of-use assets (note 9)
$153.2M
$167.5M
Goodwill (note 5)
$2.9B
$3.0B
Other intangible assets, net (note 5)
$452.7M
$464.9M
Deferred income taxes (note 12)
$329.3M
$253.1M
Prepaid taxes and other non-current assets
$214.6M
$185.8M
Total non-current assets
$4.6B
$4.7B
Total assets
$9.0B
$8.2B
Accounts payable
$308.9M
$278.2M
Accrued expenses (note 7)
$494.9M
$402.3M
Operating lease liabilities, current (note 9)
$29.1M
$30.5M
Deferred revenue
$162.9M
$166.0M
Income taxes payable (note 12)
$98.1M
$132.3M
Short-term debt, net (note 8)
$259.9M
$9.9M
Liabilities held for sale (note 18)
$41.2M
$0
Total current liabilities
$1.4B
$1.0B
Deferred revenue
$171.0M
$156.8M
Deferred income taxes (note 12)
$64.6M
$77.7M
Operating lease liabilities, non-current (note 9)
$137.4M
$153.0M
Other long-term liabilities
$213.0M
$141.5M
Long-term debt, net (note 8)
$399.4M
$658.4M
Total non-current liabilities
$985.4M
$1.2B
Total liabilities
$2.4B
$2.2B
Preferred stock, $0.01 par value, 2,000,000 shares authorized; none issued
$0
$0
Common stock, $0.004 par value, 350,000,000 shares authorized; 191,037,523 issued and 144,239,563 outstanding at June 30, 2026 and 190,311,097 issued and 146,385,350 outstanding at June 30, 2025
$764.0K
$761.0K
Additional paid-in capital
$2.2B
$2.0B
Retained earnings
$7.3B
$6.1B
Treasury stock, at cost, 46,798,043 shares at June 30, 2026 and 43,925,747 shares at June 30, 2025
-$2.8B
-$2.1B
Accumulated other comprehensive loss
-$82.5M
-$74.7M
Total stockholders equity
$6.6B
$6.0B
$4.9B
$4.1B
Total liabilities and stockholders equity
$9.0B
$8.2B
Accounts receivable, allowance for credit loss, current
$25.8M
$22.4M
Preferred stock at par value (in dollars per share)
$0.01
$0.01
$0.01
Preferred stock, shares authorized (in shares)
2.0M shares
2.0M shares
2.0M shares
Preferred stock, shares issued (in shares)
0 shares
0 shares
Common stock, par value (in dollars per share)
$0.00
$0.00
Common stock, shares authorized (in shares)
350.0M shares
350.0M shares
Common stock, shares issued (in shares)
191.0M shares
190.3M shares
Common stock, shares outstanding (in shares)
144.2M shares
146.4M shares
Treasury stock, shares (in shares)
46.8M shares
43.9M shares
Cash from operations891011125$1.8B in 2026+293% since 2019Capital spending891011125$156.3M in 2026+127% since 2019Free cash flow891011125$1.6B in 2026+323% since 2019Dividends paid891011125$349.7M in 2026+65% since 2019Share buybacks811125$700.0M in 2026+2964% since 2019
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
Period ending
2026-06-30
2025-06-30
2024-06-30
Net income
$1.5B
$1.4B
$1.0B
Depreciation and amortization
$201.3M
$198.5M
$176.9M
Amortization of right-of-use assets
$42.8M
$37.3M
$39.3M
Stock-based compensation costs (note 10)
$104.3M
$91.7M
$80.2M
(Gain) loss attributable to equity method investments, net of dividends received (note 6)
-$2.4M
-$3.6M
$1.8M
(Gain) loss on equity investments (note 6)
$15.0M
$10.3M
$4.0M
Gain on previously held equity investment (note 6)
-$4.4M
$0
$0
Restructuring expenses (note 17)
$0
$0
$33.2M
Accounts receivable
-$96.8M
-$76.7M
-$134.3M
Inventories
-$9.9M
-$80.2M
$172.2M
Prepaid expenses, net deferred income taxes and other current assets
-$140.3M
$82.6M
-$115.2M
Accounts payable, accrued expenses and other
$172.7M
$91.0M
$122.1M
Net cash provided by (used in) operating activities
$1.8B
$1.8B
$1.4B
Purchases of property, plant and equipment
-$156.3M
-$89.9M
-$99.5M
Patent registration costs
-$18.7M
-$10.8M
-$15.4M
Purchases of intangible assets
-$2.2M
$0
$0
Business acquisitions, net of cash acquired
-$350.7M
-$139.2M
-$133.5M
Purchases of investments (note 6)
-$28.5M
-$6.4M
-$12.8M
Proceeds from exits of investments (note 6)
$2.8M
$4.6M
$1.0M
Proceeds (payments) on maturity of foreign currency contracts
$8.5M
$41.6M
-$9.7M
Net cash provided by (used in) investing activities
-$545.2M
-$200.0M
-$269.8M
Proceeds from issuance of common stock, net
$74.5M
$74.4M
$53.1M
Taxes paid related to net share settlement of equity awards
-$21.8M
-$18.1M
-$8.8M
Purchases of treasury stock
-$700.0M
-$300.0M
-$150.0M
Payments of business combination contingent consideration
$0
-$855.0K
-$1.3M
Acquisition of consolidated subsidiary
$0
-$10.9M
$0
Proceeds from borrowings, net of borrowing costs
$0
$0
$105.0M
Repayment of borrowings
-$10.0M
-$40.0M
-$835.0M
Dividends paid
-$349.7M
-$310.9M
-$282.3M
Net cash provided by (used in) financing activities
-$1.0B
-$606.3M
-$1.1B
Effect of exchange rate changes on cash
$6.2M
$25.8M
-$1.7M
Net increase (decrease) in cash and cash equivalents
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.
In January 2020, Resmed Inc. agreed to pay more than $37.5 million to resolve alleged kickbacks paid to durable medical equipment suppliers, sleep labs, and other healthcare providers in violation of the Anti-Kickback Statute.
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:
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:
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.