Company Description
ResMed Inc. (NYSE: RMD, ASX: RMD) is a health technology company that focuses on sleep, breathing, and care delivered in the home. According to the company’s public statements, ResMed "creates life-changing health technologies" and aims to empower people in more than 140 countries to live happier, healthier lives. Its work centers on sleep health and breathing health, with a vision of enabling care to be delivered in patients’ own homes rather than only in traditional clinical settings.
ResMed is described in its filings as a U.S. corporation with common stock listed on the New York Stock Exchange under the symbol RMD. It is also represented on the Australian Securities Exchange through CHESS Depositary Interests. The company is associated with the surgical and medical instrument manufacturing industry and operates in the broader manufacturing sector.
Across multiple investor and press materials, ResMed emphasizes its AI-powered digital health solutions, cloud-connected devices, and intelligent software. These technologies are intended to make home healthcare more personalized, accessible, and effective. ResMed highlights that its connected ecosystem includes cloud-connected devices and digital tools that support sleep and breathing therapy, and that these offerings are used in out-of-hospital and home-care environments.
The company describes itself as a health technology leader focused on sleep, breathing, and home-based care. It references a mission to help people "sleep better, breathe better and live longer and healthier" with care provided in their own home. ResMed’s communications also refer to a 2030 mission to help large numbers of people live healthier, higher-quality lives through better sleep and breathing health, supported by healthcare technology delivered at home.
In addition to devices and software, ResMed’s public materials describe a broader sleep-health ecosystem. Examples include the myAir consumer sleep companion app, the AirSense device platforms, and features such as Dawn, described as a generative AI-powered sleep health assistant. The company also refers to residential care software (sometimes described as SaaS) and digital diagnostic pathways that connect awareness, testing, and treatment for sleep health conditions.
ResMed’s communications highlight its focus on obstructive sleep apnea (OSA) and other sleep and respiratory conditions. The company has supported and published research on the prevalence and burden of OSA, including studies in The Lancet Respiratory Medicine projecting growth in OSA among U.S. adults. These studies are used by ResMed to underscore the need for earlier diagnosis, scalable care pathways, and long-term treatment strategies for sleep-related breathing disorders.
The company also emphasizes clinical evidence and real-world data as part of its approach. For example, it has described meta-analyses showing that treating OSA with CPAP therapy can reduce the risk of death, and it has highlighted retrospective real-world evidence related to therapy adherence and comfort settings on its devices. ResMed states that it uses de-identified, real-world sleep data and machine-learning algorithms to support personalized therapy features, while noting that these efforts are developed with clinical oversight and ethical data use.
ResMed presents itself as active in product design and intellectual property. It has publicly reported reaching a global portfolio of 10,000 patents and designs, granted or pending, and has announced design awards such as dual Red Dot Product Design awards for its AirTouch N30i nasal cradle mask. These communications frame the company’s product development as focused on patient comfort, adherence to therapy, and human-centered design.
Beyond products and software, ResMed has launched initiatives such as the Sleep Institute, described as a global clinical insights initiative dedicated to advancing the science and understanding of sleep health. Sleep Institute is presented as publishing original research, expert perspectives, and real-world data to inform care innovation, policy decisions, and system-level strategies that elevate sleep as a global health priority.
From a corporate governance perspective, ResMed’s SEC filings show it operates with a board of directors elected by stockholders, and it maintains equity-based incentive plans and an employee stock purchase plan, as reflected in amendments approved at its 2025 annual meeting of stockholders. The company also declares regular cash dividends, as disclosed in its periodic Form 8-K filings, and communicates its financial performance and strategic priorities through earnings releases and investor webcasts.
Overall, ResMed’s publicly available descriptions portray a company that combines medical devices, digital health software, AI-driven tools, and research initiatives to address sleep and respiratory health needs, with an emphasis on home-based care and large-scale, data-informed approaches to diagnosis, treatment, and ongoing therapy support.
Stock Performance
Resmed (RMD) stock last traded at $222.85, down 0.63% from the previous close. Over the past 12 months, the stock has gained 0.3%, ranking #1,119 in 52-week price change. At a market capitalization of $32.7B, RMD is classified as a large-cap stock with approximately 145.7M shares outstanding.
Latest News
Resmed has 10 recent news articles, with the latest published today. Of the recent coverage, 4 articles coincided with positive price movement and 5 with negative movement. Key topics include earnings date, earnings, clinical trial, fda approval, AI. View all RMD news →
SEC Filings
Resmed has filed 5 recent SEC filings, including 3 Form 144, 1 Form 4, 1 Form SCHEDULE 13G/A. The most recent filing was submitted on April 1, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all RMD SEC filings →
Insider Radar
Insider selling at Resmed over the past 90 days can reflect routine portfolio management, scheduled trading plans (Rule 10b5-1), tax planning, or compensation-related dispositions rather than a directional view on the stock.
Financial Highlights
Resmed generated $5.1B in revenue over the trailing twelve months, retaining a 59.4% gross margin, operating income reached $1.7B (32.8% operating margin), and net income was $1.4B, reflecting a 27.2% net profit margin. Diluted earnings per share stood at $9.51. The company generated $1.8B in operating cash flow. With a current ratio of 3.44, the balance sheet reflects a strong liquidity position.
Upcoming Events
Q3 FY2026 results webcast
Broader U.S. rollout
Greenwood distribution center opens
Resmed has 3 upcoming scheduled events. The next event, "Q3 FY2026 results webcast", is scheduled for April 30, 2026 (in 29 days). Investors can track these dates to stay informed about potential catalysts that may affect the RMD stock price.
Short Interest History
Short interest in Resmed (RMD) currently stands at 11.8 million shares, up 0.1% from the previous reporting period, representing 8.2% of the float. Over the past 12 months, short interest has increased by 30.1%. With 11.3 days to cover, it would take significant time for short sellers to close their positions based on average trading volume.
Days to Cover History
Days to cover for Resmed (RMD) currently stands at 11.3 days, up 63.6% from the previous period. This elevated days-to-cover ratio indicates it would take over two weeks of average trading volume for short sellers to exit their positions, suggesting potential for a short squeeze if positive news emerges. The days to cover has increased 95.3% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 5.8 to 14.7 days.
RMD Company Profile & Sector Positioning
Resmed (RMD) operates in the Medical Instruments & Supplies industry within the broader Surgical & Medical Instruments & Apparatus sector and is listed on the NYSE. Among dividend-paying stocks, RMD ranks #1,264 by dividend yield. In monthly performance, the stock ranks #1,004 among all tracked companies.
Investors comparing RMD often look at related companies in the same sector, including Alcon Inc (ALC), Becton Dickinson & Co (BDX), West Pharm Svcs (WST), Hologic Inc (HOLX), and Solventum Corporation (SOLV). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate RMD's relative position within its industry.