Masimo Corporation (MASI) Financial Statements
Masimo financial statements at a glance
Masimo reported revenue of $1.53 billion for fiscal year 2026 (ended December 31, 2025), down 27.1% from fiscal year 2024. Net income was -$151.50 million, a net margin of 9.9% loss, and diluted earnings per share were -$2.83.
At the end of fiscal year 2026 it had total assets of $1.70 billion, total liabilities of $977.70 million and shareholders' equity of $721.20 million, with cash and short-term investments of $152.30 million and total debt of $559.30 million.
Its operations brought in $217.80 million of cash; capital spending was $24.70 million, leaving free cash flow of $193.10 million.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Masimo Corporation
Income Statement
Annual • USD
Masimo key figures by fiscal year
| FY2026 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $1.5B | $2.1B | $2.0B | $2.0B | $1.2B |
| Gross profit | $945.2M | $1.0B | $1.0B | $1.1B | $808.4M |
| Operating income | $312.8M | $37.8M | $164.3M | $210.0M | $275.8M |
| Net income | -$151.5M | -$304.9M | $81.5M | $143.5M | $229.6M |
| Diluted EPS | -$2.83 | -$5.72 | $1.51 | $2.60 | $3.98 |
| Total assets | $1.7B | $2.6B | $3.0B | $3.2B | $1.9B |
| Total liabilities | $977.7M | $1.6B | $1.7B | $1.9B | $336.8M |
| Shareholders' equity | $721.2M | $1.1B | $1.4B | $1.3B | $1.6B |
| Cash and short-term investments | $152.3M | $177.6M | $163.0M | $202.9M | $745.3M |
| Total debt | $559.3M | $846.1M | $970.0M | $1.0B | $32.7M |
| Operating cash flow | $217.8M | $196.4M | $94.1M | $29.4M | $264.6M |
| Capital spending | $24.7M | $51.1M | $87.7M | $56.3M | $34.9M |
| Free cash flow | $193.1M | $145.3M | $6.4M | -$26.9M | $229.7M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Masimo's revenue in fiscal year 2026?
$1.53 billion, down 27.1% from $2.09 billion in fiscal year 2024.
How much profit does Masimo make?
Masimo reported net income of -$151.50 million for fiscal year 2026 (9.9% of revenue); operating income was $312.80 million.
How much cash and debt does Masimo have?
At the end of fiscal year 2026: cash and short-term investments of $152.30 million and total debt of $559.30 million.
What is Masimo's free cash flow?
$193.10 million in fiscal year 2026 (operating cash flow of $217.80 million minus capital spending of $24.70 million).
