Masimo Corporation (MASI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 403.6M | 412.5M | 371.5M | 370.9M | 372M | 600.7M | 504.6M | 343.9M | 339.6M | 548.9M | 478.9M | 455.3M | 565M | 617M | 549.3M | 565.3M | 304.2M | 327.58M | 307.4M | 305.1M |
| Revenue Growth % | 8.49% | -31.33% | -26.38% | 7.85% | 9.54% | 9.44% | 5.37% | -24.47% | -39.89% | -11.04% | -12.82% | -19.46% | 85.73% | 88.35% | 78.69% | 85.28% | 1.72% | 11.02% | 10.53% | 1.38% |
| Cost of Goods Sold | 152.8M | 165.2M | 140.9M | 137.6M | 138M | 356M | 241.4M | 136.6M | 133M | 286.2M | 244.1M | 234.1M | 280.2M | 303.6M | 266.8M | 307.1M | 99.5M | 112.68M | 103.8M | 112.2M |
| COGS % of Revenue | 37.86% | 40.05% | 37.93% | 37.1% | 37.1% | 59.26% | 47.84% | 39.72% | 39.16% | 52.14% | 50.97% | 51.42% | 49.59% | 49.21% | 48.57% | 54.33% | 32.71% | 34.4% | 33.77% | 36.77% |
| Gross Profit | 250.8M | 247.3M | 230.6M | 233.3M | 234M | 244.7M | 263.2M | 207.3M | 206.6M | 262.7M | 234.8M | 221.2M | 284.8M | 313.4M | 282.5M | 258.2M | 204.7M | 214.9M | 203.6M | 192.9M |
| Gross Margin % | 62.14% | 59.95% | 62.07% | 62.9% | 62.9% | 40.74% | 52.16% | 60.28% | 60.84% | 47.86% | 49.03% | 48.58% | 50.41% | 50.79% | 51.43% | 45.67% | 67.29% | 65.6% | 66.23% | 63.23% |
| Gross Profit Growth % | 7.18% | 1.06% | -12.39% | 12.54% | 13.26% | -6.85% | 12.1% | -6.28% | -27.46% | -16.18% | -16.89% | -14.33% | 39.13% | 45.84% | 38.75% | 33.85% | 3.97% | 14.96% | 13.79% | 0.69% |
| Operating Expenses | 173.4M | 163.4M | 147M | 168.8M | 156M | 603.8M | 233.1M | 165.4M | 153.5M | 218.7M | 209.6M | 191.9M | 246.8M | 240.1M | 227.7M | 236.1M | 145M | 137.49M | 136M | 127.8M |
| OpEx % of Revenue | 42.96% | 39.61% | 39.57% | 45.51% | 41.94% | 100.52% | 46.2% | 48.1% | 45.2% | 39.84% | 43.77% | 42.15% | 43.68% | 38.91% | 41.45% | 41.77% | 47.67% | 41.97% | 44.24% | 41.89% |
| Selling, General & Admin | 143.4M | 131.3M | 116.4M | 138.9M | 119.4M | 221.6M | 184.8M | 126.3M | 115.7M | 159.9M | 156.1M | 151.7M | 196.3M | 185.8M | 174.6M | 188.3M | 108.9M | 104.11M | 100.6M | 93.9M |
| SG&A % of Revenue | 35.53% | 31.83% | 31.33% | 37.45% | 32.1% | 36.89% | 36.62% | 36.73% | 34.07% | 29.13% | 32.6% | 33.32% | 34.74% | 30.11% | 31.79% | 33.31% | 35.8% | 31.78% | 32.73% | 30.78% |
| Research & Development | 30M | 32.1M | 30.5M | 29.9M | 33.9M | 77.7M | 48.3M | 39.1M | 37.8M | 38M | 46.5M | 40.2M | 50.5M | 54.3M | 53.1M | 47.8M | 36.1M | 33.37M | 35.4M | 33.9M |
| R&D % of Revenue | 7.43% | 7.78% | 8.21% | 8.06% | 9.11% | 12.93% | 9.57% | 11.37% | 11.13% | 6.92% | 9.71% | 8.83% | 8.94% | 8.8% | 9.67% | 8.46% | 11.87% | 10.19% | 11.52% | 11.11% |
| Other Operating Expenses | 0 | 0 | 100K | 0 | 1000K | 1000K | 0 | 0 | 0 | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 77.4M | 83.9M | 83.6M | 64.5M | 78M | -359.1M | 30.1M | 41.9M | 53.1M | 44M | 25.2M | 29.3M | 38M | 73.3M | 54.8M | 22.1M | 59.7M | 77.41M | 67.6M | 65.1M |
| Operating Margin % | 19.18% | 20.34% | 22.5% | 17.39% | 20.97% | -59.78% | 5.97% | 12.18% | 15.64% | 8.02% | 5.26% | 6.44% | 6.73% | 11.88% | 9.98% | 3.91% | 19.63% | 23.63% | 21.99% | 21.34% |
| Operating Income Growth % | -0.77% | 123.36% | 177.74% | 53.94% | 46.89% | -916.14% | 19.44% | 43% | 39.74% | -39.97% | -54.01% | 32.58% | -36.35% | -5.31% | -18.93% | -66.05% | -9.08% | 19.29% | 13.24% | 4.63% |
| EBITDA | 77.4M | 97.5M | 91.8M | 72.9M | 86.6M | -328.3M | 81.9M | 52.3M | 63.1M | 66.5M | 49.7M | 54.5M | 64.1M | 152.8M | 61.7M | 92.9M | 68.8M | 86.58M | 76.8M | 73.91M |
| EBITDA Margin % | 19.18% | 23.64% | 24.71% | 19.65% | 23.28% | -54.65% | 16.23% | 15.21% | 18.58% | 12.12% | 10.38% | 11.97% | 11.35% | 24.77% | 11.23% | 16.43% | 22.62% | 26.43% | 24.98% | 24.22% |
| EBITDA Growth % | -10.62% | 129.7% | 12.09% | 39.39% | 37.24% | -593.68% | 64.79% | -4.04% | -1.56% | -56.48% | -19.45% | -41.33% | -6.83% | 76.48% | -19.66% | 25.7% | -7.22% | 18.61% | 14.1% | 6.45% |
| D&A (Non-Cash Add-back) | 0 | 13.6M | 8.2M | 8.4M | 8.6M | 30.8M | 51.8M | 10.4M | 10M | 22.5M | 24.5M | 25.2M | 26.1M | 79.5M | 0 | 70.8M | 9.1M | 9.17M | 9.2M | 8.81M |
| EBIT | 77.4M | 81.5M | 83.7M | 63.6M | 77.2M | -351.7M | 22.1M | 41.4M | 52.7M | 36.9M | 26.8M | 36.6M | 38.1M | 67.1M | 61.7M | 31.1M | 59.2M | 76.8M | 67.6M | 65.3M |
| Net Interest Income | 0 | -6.7M | -8.1M | -7.6M | -7.4M | -8.9M | -9.2M | -9.8M | -10.8M | -13M | -12.1M | -11.1M | -11.1M | -10.6M | -9.2M | -4.3M | 200K | 163K | 155K | 100K |
| Interest Income | 0 | 800K | 700K | 600K | 1.4M | 1.1M | 1.3M | 1.2M | 1.2M | 800K | 700K | 700K | 800K | 800K | 500K | 200K | 300K | 259K | 242K | 200K |
| Interest Expense | 0 | 7.5M | 8.8M | 8.2M | 8.8M | 10M | 10.5M | 11M | 12M | 13.8M | 12.8M | 11.8M | 11.9M | 11.4M | 9.7M | 4.5M | 100K | 96K | 87K | 100K |
| Other Income/Expense | -6.1M | -9.9M | -8.7M | -9.1M | -9.6M | -2.6M | -18.5M | -11.1M | -11.6M | -20.9M | -11.2M | -4.5M | -11.8M | -17.6M | -2.8M | 4.5M | -600K | -707K | 0 | 100K |
| Pretax Income | 71.3M | 74M | 74.9M | 55.4M | 68.4M | -361.7M | 11.6M | 30.8M | 41.5M | 23.1M | 14M | 24.8M | 26.2M | 55.7M | 52M | 26.6M | 59.1M | 76.7M | 67.6M | 65.2M |
| Pretax Margin % | 17.67% | 17.94% | 20.16% | 14.94% | 18.39% | -60.21% | 2.3% | 8.96% | 12.22% | 4.21% | 2.92% | 5.45% | 4.64% | 9.03% | 9.47% | 4.71% | 19.43% | 23.42% | 21.99% | 21.37% |
| Income Tax | 15M | 12.1M | 21.2M | 10.5M | 21.2M | -12.1M | 1.8M | 6M | 9.4M | -10.8M | 3.4M | 9.1M | 4.9M | 14.8M | 14.1M | 8.5M | 12.5M | 8.45M | 9.8M | 15M |
| Effective Tax Rate % | 21.04% | 16.35% | 28.3% | 18.95% | 30.99% | 3.35% | 15.52% | 19.48% | 22.65% | -46.75% | 24.29% | 36.69% | 18.7% | 26.57% | 27.12% | 31.95% | 21.15% | 11.01% | 14.5% | 23.01% |
| Net Income | 57.1M | 68.3M | -100.4M | 51.3M | -170.7M | -349.6M | 9.8M | 16M | 18.9M | 33.9M | 10.6M | 15.7M | 21.3M | 40.9M | 37.9M | 18.1M | 46.6M | 68.26M | 57.8M | 50.2M |
| Net Margin % | 14.15% | 16.56% | -27.03% | 13.83% | -45.89% | -58.2% | 1.94% | 4.65% | 5.57% | 6.18% | 2.21% | 3.45% | 3.77% | 6.63% | 6.9% | 3.2% | 15.32% | 20.84% | 18.8% | 16.45% |
| Net Income Growth % | 133.45% | 119.54% | -1124.49% | 220.62% | -1003.17% | -1131.27% | -7.55% | 1.91% | -11.27% | -17.11% | -72.03% | -13.26% | -54.29% | -40.08% | -34.43% | -63.94% | -12.71% | -3.41% | 16.99% | -9.99% |
| Net Income (Continuing) | 57.1M | 61.9M | 53.7M | 44.9M | 47.2M | -349.6M | 9.8M | 24.8M | 32.1M | 33.9M | 10.6M | 15.7M | 21.3M | 40.9M | 37.9M | 18.1M | 46.6M | 68.26M | 57.8M | 50.2M |
| Discontinued Operations | 0 | 1000K | -1000K | 1000K | -1000K | 0 | 0 | -1000K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.09 | 1.27 | -1.84 | 0.94 | -3.17 | -6.52 | 0.18 | 0.29 | 0.35 | 0.63 | 0.20 | 0.29 | 0.39 | 0.75 | 0.70 | 0.33 | 0.81 | 1.18 | 1.00 | 0.88 |
| EPS Growth % | 134.38% | 119.48% | -1122.22% | 224.14% | -1005.71% | -1134.92% | -10% | 0% | -10.26% | -16% | -71.43% | -12.12% | -51.85% | -36.44% | -30% | -62.5% | -11.96% | -2.48% | 17.65% | -8.33% |
| EPS (Basic) | 1.10 | 1.25 | -1.86 | 0.95 | -3.17 | -6.52 | 0.18 | 0.30 | 0.36 | 0.64 | 0.20 | 0.30 | 0.40 | 0.77 | 0.72 | 0.34 | 0.84 | 1.23 | 1.05 | 0.91 |
| Diluted Shares Outstanding | 52.6M | 54.2M | 54.4M | 54.8M | 54.8M | 53.6M | 54.3M | 54.3M | 54.2M | 53.7M | 53.9M | 54.4M | 54.4M | 54.8M | 54.1M | 55.3M | 57.31M | 57.77M | 57.7M | 57.4M |
| Basic Shares Outstanding | 52.2M | 53.6M | 54M | 54M | 54M | 53.6M | 53.4M | 53.1M | 53M | 52.8M | 52.8M | 52.8M | 52.6M | 53.1M | 52.5M | 53.9M | 55.4M | 55.29M | 55.1M | 55M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |