The earnings call highlighted strong revenue growth and significant leadership team expansion, with effective tariff mitigation strategies. However, there were challenges with a decline in capital equipment revenue, cybersecurity expenses, and a decrease in the true incremental metric. Overall, the highlights significantly outweigh the lowlights.

Company Guidance

During Masimo's second quarter 2025 earnings call, the company reported strong financial performance and provided updated guidance. Revenue for the quarter was $370 million, with earnings per share (EPS) reaching $1.33, and an impressive 600 basis points of operating margin expansion. Despite facing tariffs, the company projects a 24% to 30% EPS growth for the year, and has successfully reduced its tariff impact by more than 50% from initial estimates. Masimo updated its fiscal 2025 financial guidance, projecting revenue between $1.505 billion and $1.535 billion, reflecting constant currency growth of 8% to 11%. Non-GAAP EPS guidance was adjusted to a range of $5.20 to $5.45, incorporating the impact of tariffs. The company highlighted its strategic focus on elevating commercial excellence, accelerating intelligent monitoring, and innovating wearable technologies to drive long-term growth.

Strong Revenue and Earnings Performance

The core Healthcare business delivered revenue of $370 million and earnings per share of $1.33, with 600 basis points of operating margin expansion.

Leadership Team Expansion

Masimo added several key leaders, including a Chief Commercial Officer, President of Japan and Asia Pacific, Chief Marketing and Strategy Officer, Executive Vice President of Quality and Regulatory, and Chief Information Technology Officer.

EPS Guidance Exceeds Original Projections

Despite the impact of tariffs, Masimo projects 24% to 30% EPS growth this year, exceeding original projections before tariffs.

Tariff Mitigation Success

The company reduced the tariff impact by more than 50% from the original estimate through effective mitigation measures.

Intelligent Monitoring and Wearable Technologies

Masimo focuses on accelerating intelligent monitoring with AI-based algorithms and innovating wearable technologies to expand long-term growth potential.

Masimo (MASI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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MASI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	1.20 / -	0.98	―	―	―
Aug 05, 2025	2025 (Q2)	1.22 / 1.33	0.86	54.65% (+0.47)
May 06, 2025	2025 (Q1)	1.21 / 1.36	0.77	76.62% (+0.59)
Feb 25, 2025	2024 (Q4)	1.43 / 1.80	1.25	44.00% (+0.55)
Nov 05, 2024	2024 (Q3)	0.84 / 0.98	0.63	55.56% (+0.35)
Aug 06, 2024	2024 (Q2)	0.77 / 0.86	0.62	38.71% (+0.24)
May 07, 2024	2024 (Q1)	0.70 / 0.77	0.87	-11.49% (-0.10)
Feb 27, 2024	2023 (Q4)	0.90 / 1.25	1.32	-5.30% (-0.07)
Nov 07, 2023	2023 (Q3)	0.61 / 0.63	1	-37.00% (-0.37)
Aug 08, 2023	2023 (Q2)	0.64 / 0.62	1.35	-54.07% (-0.73)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MASI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$163.88	$144.65	-11.73%
May 06, 2025	$161.47	$150.11	-7.04%
Feb 25, 2025	$169.54	$190.47	+12.35%
Nov 05, 2024	$151.56	$167.63	+10.60%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.