---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-211980"
form_type: "8-K"
ticker: "OM"
cik: "0001484612"
company_name: "Outset Medical, Inc."
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:35:47.378797+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Outset Medical Q1 revenue down 6% to $27.9M; gross margin expands to 43.4%

## Summary
- Revenue $27.9M (-6% YoY); recurring revenue $22.5M roughly flat.
- Gross margin 43.4% (up from 37.2% YoY); product gross margin record 52.4%, service margin record 25.5%.
- Net loss narrowed to $19.0M from $25.8M; cash $161M at quarter end.
- Reiterated FY 2026 revenue guidance $125-130M (5-9% growth) and non-GAAP gross margin low-to-mid 40%.

## SEC filing metadata
- accession: 0001193125-26-211980
- form_type: 8-K
- ticker: OM
- cik: 0001484612
- company_name: Outset Medical, Inc.
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1484612/000119312526211980/0001193125-26-211980-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1484612/000119312526211980/om-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-211980
- JSON: https://secwatch.observer/filing/0001193125-26-211980.json
- Plain text: https://secwatch.observer/filing/0001193125-26-211980.txt

## Key facts
- Earnings Releases
  Outset Medical, Inc. reported the first quarter ended March 31, 2026 results: revenue $27.9 million, net income Net loss was $19.0 million. Guidance reaffirmed.
  - Period: the first quarter ended March 31, 2026
  - Revenue: $27.9 million
  - Net income: Net loss was $19.0 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: Net revenue totaled $27.9 million, a decrease of 6% compared to $29.8 million in the first quarter of 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1484612/000119312526211980/0001193125-26-211980-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.