ResMed Reports Strong Q3 Earnings Amid Strategic Acquisition
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 26 2026
0mins
Source: seekingalpha
ResMed Inc's stock fell 3.86% and hit a 20-day low amid broader market gains, with the Nasdaq-100 up 0.21% and the S&P 500 up 0.36%.
The company reported strong Q3 FY 2026 earnings, with revenue of $1.43 billion, an 11% year-over-year growth, and a strategic acquisition of Noctrix for $340 million expected to close soon. Despite rising component costs, ResMed anticipates maintaining gross margins between 62% and 63% for FY 2026, reflecting confidence in profitability and plans for share repurchases.
This strong financial performance, despite the stock's decline, indicates that investor sentiment may be influenced by the acquisition and future growth prospects, although the market's overall strength contrasts with the stock's movement.
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Analyst Views on RMD
Wall Street analysts forecast RMD stock price to rise
11 Analyst Rating
6 Buy
5 Hold
0 Sell
Moderate Buy
Current: 203.420
Low
260.00
Averages
294.00
High
345.00
Current: 203.420
Low
260.00
Averages
294.00
High
345.00
About RMD
ResMed Inc. is a holding company. The Company, through its subsidiaries, in the development, manufacturing, distribution and marketing of medical devices and cloud-based software applications that diagnose, treat and manage respiratory disorders, including sleep disordered breathing (SDB), chronic obstructive pulmonary disease, neuromuscular disease and other chronic diseases. Its segments include Sleep and Breathing Health segment and the Residential Care Software segment. It also operates a Software as a Service (SaaS) business in the United States and Germany that includes out-of-hospital software platforms designed to support the professionals and caregivers who help people stay healthy in the home or care setting of their choice. Its products and solutions are designed to improve patients' quality of life and reduce the impact of chronic disease. Its cloud-based digital health software applications, along with its devices, are designed to provide connected care.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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