“We recorded interest income, net, of $50 million for the year ended June 30, 2026 compared to interest income, net, of $4 million for the year ended June 30, 2025 due to lower debt levels following the repayment of our revolving credit facility, gains recogni…”10-K · Aug 13, 2026 ↗
ResMed Inc.
RMD
Market read
ResMed Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 20 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
- Cash used for acquisitions, including Noctrix, was a major contributor to the increase in investing cash outflow.
- R&D spending increased, with management attributing the rise primarily to employee-related costs.
Invalidation: The isolated read changes if RMD's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 20 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- Cash used for acquisitions, including Noctrix, was a major contributor to the increase in investing cash outflow.
- R&D spending increased, with management attributing the rise primarily to employee-related costs.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +9.9% year over year.
- Demand and volume has repeated favorable evidence across 5 filings.
- Product pipeline and R&D has repeated favorable evidence across 5 filings.
- Credit and interest rates has repeated adverse evidence across 5 filings.
- P/E is 17% below the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 51% above the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 10, 2026
219.58Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“The constant currency increase in device and mask sales in Rest of World was primarily attributable to increased demand and unit sales across our sleep health, partially offset by lower unit sales of our life support devices.”10-K · Aug 13, 2026 ↗
“The constant currency increase in research and development expenses was primarily due to increases in employee-related costs.”10-K · Aug 13, 2026 ↗
“Our total contributions to the plan were $ 5 million, $ 4 million and $ 4 million in fiscal 2026, 2025 and 2024, respectively.”10-K · Aug 13, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 5.7× · EV/sales 5.5×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for RMD. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for RMD. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind RMD
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
GLPFiling-linked namecompetitorAug 8, 2025 ▾
“Competition Global competition for sales of our products and services is intense.”
Depended on by
INSPInspire Medical Systems, Inc.competitorFeb 13, 2026 ▾
“Our specific PAP-related competitors include ResMed Inc., Philips BV, Fisher & Paykel Healthcare Corporation Limited, and various regional and new-entrant manufacturers.”
Filing peers
No filing peers are available for this name yet.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
RMD is currently a Follower in the organic co-movement group Medical Devices. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.