Outset Medical, Inc.
For the period ended Dec 31, 2025. Filed Feb 13, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 13, 2026
OM$4.12-2.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Operations
(in thousands, except per share amounts)
| Years Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Revenue: | |||
| Product revenue | $84,808 | $80,977 | $103,537 |
| Service and other revenue | 34,668 | 32,712 | 26,839 |
| Total revenue | 119,476 | 113,689 | 130,376 |
| Cost of revenue: | |||
| Cost of product revenue | 43,765 | 46,449 | 74,454 |
| Cost of service and other revenue | 28,957 | 28,676 | 26,922 |
| Total cost of revenue | 72,722 | 75,125 | 101,376 |
| Gross profit | 46,754 | 38,564 | 29,000 |
| Operating expenses: | |||
| Research and development | 21,235 | 38,397 | 57,307 |
| Sales and marketing | 54,361 | 70,044 | 96,232 |
| General and administrative | 37,864 | 43,498 | 45,231 |
| Total operating expenses | 113,460 | 151,939 | 198,770 |
| Loss from operations | (66,706) | (113,375) | (169,770) |
| Interest income and other income, net | 7,408 | 9,761 | 10,171 |
| Interest expense | (13,952) | (23,871) | (12,675) |
| Loss on extinguishment of term loan | (7,685) | — | — |
| Loss before provision for income taxes | (80,935) | (127,485) | (172,274) |
| Provision for income taxes | 718 | 491 | 523 |
| Net loss | $(81,653) | $(127,976) | $(172,797) |
| Net loss per share, basic and diluted | $(5.37) | $(36.96) | $(52.28) |
| Shares used in computing net loss per share, basic and diluted | 15,211 | 3,463 | $3,305 |
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