ResMed Inc (RMD)

Gross profit margin

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Gross profit US$ in thousands 3,054,970 2,655,300 2,355,660 2,024,310 1,839,100
Revenue US$ in thousands 5,146,330 4,685,300 4,222,990 3,578,130 3,196,820
Gross profit margin 59.36% 56.67% 55.78% 56.57% 57.53%

June 30, 2025 calculation

Gross profit margin = Gross profit ÷ Revenue
= $3,054,970K ÷ $5,146,330K
= 59.36%

The gross profit margin of ResMed Inc. demonstrates a fluctuating yet generally upward trend over the period from June 30, 2021, to June 30, 2025. Specifically, the margin was 57.53% as of June 30, 2021, which slightly declined to 56.57% by June 30, 2022, and further decreased to 55.78% by June 30, 2023. In the subsequent year, the gross profit margin recovered to 56.67% as of June 30, 2024, indicating a positive turnaround. By June 30, 2025, the margin experienced a more notable increase, reaching 59.36%, which represents the highest level within the analyzed period.

This pattern suggests that after a modest decline in gross profit margins over the initial two years, the company successfully improved its gross profitability going forward, ultimately achieving a more robust margin by mid-2025. The overall trend indicates resilience and potential operational efficiencies, along with improved cost management or pricing strategies contributing to the higher gross profit margin in the most recent year.