Strong Revenue Growth
ResMed achieved a 10% year-over-year reported revenue growth and a 9% increase in constant currency terms for Q4 FY 2025, reflecting positive contributions across their product and ReSupply portfolio.
Gross Margin Expansion
The company reported a gross margin of 61.4% for Q4, marking a 230 basis points year-over-year increase and a 150 basis points sequential improvement, driven by procurement, manufacturing, logistics efficiencies, and favorable foreign currency movements.
Free Cash Flow and Shareholder Returns
ResMed generated $1.7 billion in free cash flow for FY 2025 and returned over $610 million to shareholders through dividends and share repurchases. The Board authorized a 13% increase in the quarterly dividend for FY 2026.
Investment in Innovation
The company emphasized ongoing investment in R&D and AI technologies, including the integration of AI and GenAI into their digital products, and the launch of the AirSense 11 platform and new patient interface technologies.
Expansion in Digital Health Ecosystem
ResMed continues to build a global digital health ecosystem, with acquisitions like Somnoware, Ectosense, and VirtuOx supporting the acceleration of their ResMed 2030 strategy.