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Outset Medical vs Sanara Medtech

Outset Medical is the larger business, with $119m of revenue in fiscal 2025 against $103m for Sanara Medtech (1.2 times as much). Sanara Medtech grew faster (19.0% against 5.1%). Sanara Medtech kept more of each dollar of sales as profit: a net margin of -36.4% against -68.3%. Outset Medical carries less debt relative to equity (75.8% against 790.2%).

Latest fiscal yearOutset MedicalOM, 2025Sanara MedtechSMTI, 2025
Revenue $119m $103m
Revenue growth 5.1% 19.0%
Net income −$81.7m −$37.6m
Operating margin -55.8% 7.1%
Net margin -68.3% -36.4%
Return on equity -106.2% -165.7%
Free cash flow −$47.1m $2.2m
Cash $35.0m $16.6m
Total debt $96.2m $46.9m
Debt to equity 75.8% 790.2%
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees 254 108
Market value $75.6m $295m
Price vs our value range — —
Moat score 12 (Weak) 34 (Weak)
Insider trades, 12 months 2 buys, 23 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.