Net Income
Trailing-twelve-month (TTM) net income is $1.52 Billion with a year-over-year change of +15.71%. Net income represents the company's bottom line profit after all expenses, taxes, and interest.
RMD Net Income
Reported quarterly net income; no daily interpolation.
RMD Quarterly Net Income Growth (YoY)
Net Income growth vs the same quarter one year earlier, last 20 quarters.
Net Income (TTM)
$1.52B
$1.52 Billion
Year-over-Year Change
+15.71%
vs. $1.31B a year ago (TTM)
Net Income CAGR
+27.15%
5 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
+15.71%
3 Year
+20.75%
5 Year
+27.15%
10 Year
+15.60%
15 Year
+13.69%
20 Year
+15.81%
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2025 | $1.40B | +$379.77M | +37.20% |
| 2024 | $1.02B | +$123.39M | +13.75% |
| 2023 | $897.56M | +$118.12M | +15.15% |
| 2022 | $779.44M | +$304.93M | +64.26% |
| 2021 | $474.50M | ($147.17M) | (23.67%) |
| 2020 | $621.67M | +$217.08M | +53.65% |
| 2019 | $404.59M | +$89.00M | +28.20% |
| 2018 | $315.59M | ($26.70M) | (7.80%) |
| 2017 | $342.28M | ($10.12M) | (2.87%) |
| 2016 | $352.41M | ($478,000) | (0.14%) |
Net Income Growth Summary
TTM Growth
+15.71%
3-Year Avg Growth
+20.75%
5-Year Avg Growth
+27.15%
About ResMed Inc.
ResMed Inc. is a leading global medical technology enterprise engaged in the creation, production, distribution, and marketing of healthcare devices and connected digital solutions. The company operates through two primary segments: Sleep and Respiratory Care, and Software as a Service. Its extensive product range addresses a variety of respiratory disorders, encompassing advanced medical and consumer technologies, ventilation devices, diagnostic equipment, mask systems for both clinical and personal use, headgear, and related accessories, alongside dental devices. ResMed also provides sophisticated cloud-based informatics to enhance patient management and operational efficiency. Notable software offerings in its respiratory portfolio include AirView, for remote device monitoring and setting adjustments; myAir, a personalized application designed to support sleep apnea patients with education and troubleshooting for better engagement and adherence; and U-Sleep, a compliance tracking platform for home medical equipment providers. Complementing these are connectivity modules and Propeller solutions. Furthermore, ResMed offers a robust suite of out-of-hospital software. This includes Brightree, a business management platform for various home care service providers (e.g., HME, pharmacy, infusion, orthotics, prosthetics); MatrixCare, providing care management for senior living, skilled nursing, and hospice organizations; and HEALTHCAREfirst, which supplies electronic health records, billing, coding services, and analytics for home health and hospice agencies. ResMed distributes its offerings primarily to sleep clinics, home healthcare dealers, and hospitals via a global network of distributors and a direct sales force, serving approximately 140 countries. Founded in 1989, the company's headquarters are located in San Diego, California.
- Sector
- Healthcare
- Industry
- Medical - Devices
- CEO
- Michael J. Farrell