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ResMed Inc.
Brand VerifiedUnited States

ResMed Inc.

ResMed

ResMed is the world's leading digital health technology company specializing in sleep apnea and respiratory care devices, founded in 1989 in San Diego, California, USA. With annual revenue of $5.1 billion, the company operates 8+ factories across 6 countries, employing over 10,000 people. ResMed's CPAP and BiPAP devices, combined with its myAir cloud platform, create a powerful ecosystem that sets the global standard for home respiratory care.

Strengths: Dominant 59.4% gross margin through device+software subscription model; myAir platform has millions of active daily users; strong IP portfolio with continuous innovation in digital sleep therapy; highly profitable with 28% operating profit growth in FY2025.
Weaknesses: Heavy reliance on sleep apnea market (single-disease risk); faces potential competition from weight-loss drugs like GLP-1 agonists; Phillip's re-entry into the market could disrupt market share.
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United StatesFounded 198910000+$5.1 B8+ factories in 6 countries / 100
Listed onNYSERMD
Last updated: October 2026·By VerityRank Research Team·Methodology

Listed market data

RMD · NYSE · weeklyHistory →
Market cap
$33.6 B
Share price
USD 238.97
1Y change
-10.9%
Recent change
-0.1%

10-22 → 10-23

Since first close
×337

from 1995-06

Revenue (TTM)
$5.7 B
Revenue FY 2026 · updated 2026-10-23Source ↗

Financial history

Full market history
USD 0$0USD 75$10.0 BUSD 150$20.0 BUSD 225$30.0 BUSD 300$40.0 B2025-112025-122026-012026-022026-032026-042026-052026-062026-072026-082026-092026-10
MonthCloseMarket capChange
  • 2026-10USD 238.97$33.6 B+8.1%
  • 2026-09USD 221.10$29.4 B-7.9%
  • 2026-08USD 240.10$31.9 B+13.8%
  • 2026-07USD 210.98$28 B+8.3%
  • 2026-06USD 194.88$25.9 B+2.3%
  • 2026-05USD 190.57$25.3 B-10.9%
  • 2026-04USD 213.81$28.4 B-4.8%
  • 2026-03USD 224.48$29.8 B-12.4%
  • 2026-02USD 256.26$34.1 B-0.8%
  • 2026-01USD 258.31$34.3 B+7.2%
  • 2025-12USD 240.87$32 B-5.8%
  • 2025-11USD 255.83$34 B—
Monthly closes · 2025-11 – 2026-10 · Full market history

In the press

All coverage →5 latest headlines
Headlines aggregated from public feeds. Sentiment tags are keyword-based, not editorial judgement.

ResMed is a US-based digital health technology company headquartered in La Jolla, California. Founded in 1989. Revenue $5.1 billion, 10,000+ employees across 8+ factories in 6 countries.

Business Overview

ResMed dominates the global sleep apnea market with its CPAP and BiPAP devices, masks, and cloud-connected myAir platform. The company has benefited enormously from competitor Philips' regulatory setbacks, capturing significant market share in the US and globally.

Key Strengths

59.4% gross margin driven by high-margin consumable mask replacements; myAir platform with millions of daily active users creating sticky patient ecosystem; 28% operating profit growth in FY2025 showing strong operational leverage; diversified manufacturing across Australia, Singapore, and China reducing geopolitical risk.

Challenges & Outlook

Heavy reliance on sleep apnea as a single therapeutic category; potential disruption from GLP-1 weight-loss drugs reducing OSA prevalence; risk of Philips eventually returning to the US market after resolving regulatory issues.

VerityRank Score

Based on our comprehensive evaluation across all four dimensions, ResMed achieves a VerityRank Score of 85/100, reflecting its strong position in the global home medical devices industry.

Quick Facts

Headquarters

La Jolla, California, United States

Founded

1989

Employees

10000+

Revenue

$5.1 B

Market cap

$33.6 B

Factories

8+ factories in 6 countries

Presence

140+ Countries

Listing

NYSE: RMD

Categories

Related

Data Sources & Methodology

This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.

VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.

Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.

Key references: Official Website NYSE: RMD , Data Sources & Methodology

ResMed Official Website
ResMed FY2025 Results
ResMed - Wikipedia
ResMed Indiana Distribution Center