Outset Medical Reports 15% Revenue Growth in Q2, Narrows Net Loss to $18.5 Million

Reuters
Aug 07
Outset Medical Reports 15% Revenue Growth in <a href="https://laohu8.com/S/QTWO">Q2</a>, Narrows Net Loss to $18.5 Million

Outset Medical, Inc. has announced its financial results for the second quarter ending June 30, 2025. The medical technology company reported a net revenue of $31.4 million, marking a 15% increase from the same period last year. This growth was primarily driven by a 25% increase in Tablo console revenue. Additionally, recurring revenue from Tablo consumables and services rose by 11% to $22.5 million, propelled by a 17% increase in consumable revenue. The company reported a net loss of $18.5 million for the quarter, an improvement from the $34.5 million net loss recorded in the same quarter of 2024. On a non-GAAP basis, the net loss was $15 million compared to a non-GAAP net loss of $24.7 million for the same period in 2024. As of June 30, 2025, Outset Medical's total cash, including restricted cash, cash equivalents, and short-term investments, stood at $187.4 million. Looking ahead, Outset Medical has raised its 2025 revenue guidance to a range of $122 million to $126 million, up from the previous guidance of $115 million to $125 million. The company expects its non-GAAP gross margin for 2025 to remain in the high-30% range and anticipates using less than $50 million in cash for the year, a significant reduction from over $100 million used in 2024.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Outset Medical Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9507235-en) on August 06, 2025, and is solely responsible for the information contained therein.

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