Stock research

ResMed Inc. (RMD) Stock Research

ResMed makes devices and software for sleep apnea, respiratory care, and out-of-hospital health management.

For the fiscal year ended June 30, 2025, ResMed Inc. reported revenue of $5.1B and net income of $1.4B, with operating cash flow of $1.8B. Source: Form 10-K filed August 13, 2026

The latest annual report covers the period ended June 30, 2026 (filed August 13, 2026); figures for that year are not yet in our data.

SEC data as of

Revenue
$5.1B
FY ending 2025-06-30
Net income
$1.4B
FY ending 2025-06-30
Diluted EPS
$9.51
Net margin
27.2%

Reported SEC XBRL figures. Each metric’s period and original filing are listed below.

Loading delayed market data…

Delayed Cboe One market data via TradingView. It may differ from primary-exchange or consolidated quotes.

About ResMed

Exchange
NYSE: RMD
Sector
Health Care
SEC industry
Surgical & Medical Instruments & Apparatus (SIC 3841)
Fiscal year end
June 30

RMD key financials

Reported figures from ResMed Inc.'s filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.

MetricValuePeriodSource
Revenue$5.1B2024-07-01 – 2025-06-30SEC filing
Net income$1.4B2024-07-01 – 2025-06-30SEC filing
Operating cash flow$1.8B2024-07-01 – 2025-06-30SEC filing
Diluted EPS$9.512024-07-01 – 2025-06-30SEC filing
Net margin27.2%2024-07-01 – 2025-06-30SEC filing
Shares outstanding146MAs of 2026-01-26SEC filing

Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.

Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.

What investors should watch in RMD

ResMed Inc. sits in Health Care. Pharmaceuticals, biotech, medical devices, and managed care — defensive demand paired with binary drug and regulatory catalysts. We have not yet written company-specific drivers for RMD; the forces that matter most for the sector are:

  • ◆Drug approvals and clinical-trial readouts
  • ◆Medicare and drug-pricing policy
  • ◆Demographics and an aging population
  • ◆GLP-1 and obesity-drug demand

Key questions for the RMD thesis

Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.

Does RMD's reported profit turn into cash?

Operating cash flow was $1.8B, 1.25 times net income of $1.4B, for the fiscal year ended June 30, 2025.

Cash from operations exceeded reported earnings. Non-cash charges such as depreciation, amortization and stock-based compensation usually explain the gap; the cash-flow statement shows which.

Form 10-K filed August 13, 2026

How much of RMD's revenue is left as profit?

Net income was 27.2% of revenue for the fiscal year ended June 30, 2025, based on revenue and net income reported for the same period.

Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.

Form 10-K filed August 13, 2026

When does ResMed Inc.'s fiscal year end?

The SEC lists ResMed Inc.'s fiscal year end as June 30, not December 31. The latest annual figures here run from July 1, 2024 to June 30, 2025.

Annual results cover a different 12 months from calendar-year peers. Align periods before comparing growth or margins across companies.

Form 10-K filed August 13, 2026

Members-only research

What members are reading this month

The thesis, the numbers behind it, and what would break it. Full access is $39 a month.

Read the full research

Congressional trading in RMD

PoliticianTrade dateTypeOwnerAmountSource
Alan Armstrong2026-03-27PurchaseSelf$1,001 - $15,000Filing #fda235b3-bad7-4637-8fa1-053f354d929c
Kelly Morrison2025-06-04SaleSelf$1,001 - $15,000Filing #20030475
Kelly Morrison2025-06-04SaleSelf$1,001 - $15,000Filing #20030475
Kelly Morrison2025-06-04SaleSelf$1,001 - $15,000Filing #20030475
Kelly Morrison2025-06-04SaleSelf$1,001 - $15,000Filing #20030475
Kelly Morrison2025-04-28SaleSelf$1,001 - $15,000Filing #20030313
Robert Bresnahan2025-01-13SaleJoint$1,001 - $15,000Filing #20024346
Tommy Tuberville2024-05-03SaleJoint$1,001 - $15,000Filing #0a25588d-a3f8-4ed6-971a-706097f78e3a

All verified RMD congressional disclosures

Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.

RMD — frequently asked questions

What does ResMed Inc. do?

ResMed makes devices and software for sleep apnea, respiratory care, and out-of-hospital health management.

What were RMD's latest reported annual revenue and net income?

For the fiscal year ended June 30, 2025, ResMed Inc. reported revenue of $5.1B and net income of $1.4B, with operating cash flow of $1.8B. The figures come from ResMed Inc.'s SEC XBRL filings.

When does ResMed Inc.'s fiscal year end?

The SEC lists ResMed Inc.'s fiscal year end as June 30.

Do members of Congress trade RMD?

The current verified House and Senate snapshot contains 8 transaction rows for RMD, each linked to the original filing.

Is RMD a good investment?

This page does not rate RMD as a buy or sell. It sets out what ResMed Inc. reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.

This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.

What do the RMD numbers leave unanswered?

Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.

$39/mo or $249/yr · cancel future renewals anytime · sources included