Strong Revenue Growth
ResMed reported a 9% revenue growth, or 8% on a constant currency basis, driven by high single-digit growth in devices and double-digit growth in masks and other categories in the U.S., Canada, and Latin America.
Margin Expansion
The global supply chain team delivered a 280 basis points year-over-year gross margin expansion, due to component cost improvements and manufacturing and logistics efficiencies.
Innovation in Product Launches
Launched two new full-face fabric masks, AirTouch F30i comfort and F30i clear, expanding the AirTouch portfolio and enhancing patient comfort and mobility.
Successful Integration and Strategy in RCS Business
ResMed's RCS business delivered mid-single-digit growth, focusing on investing in high-growth, higher-margin SaaS platforms while reducing exposure to lower margin services.
Efforts in AI and Digital Health
Launch of AI-enabled features like Dawn and Comfort Match in the myAir platform to enhance therapy adherence and patient engagement.
Robust Cash Flow and Shareholder Returns
The company generated $457 million in cash flow from operations and returned over $238 million to shareholders through dividends and share repurchases.