How ResMed makes money

Period

FY2026

How does ResMed make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

ResMed Inc. · FY2026 · year ended 2026-06-30

Revenue$5.7BGross profit$3.5B · 61%Cost of revenue$2.2B · 39%Operating income$1.9B · 33%Operating expenses$1.6B · 28%R&D$378M · 7%SG&A$1.1B · 20%Other opex$67M · 1%Pre-tax income$1.9B · 34%Other income$33M · 1%Net income$1.5B · 27%Income tax$396M · 7%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.