Below are the financial statements of Masimo, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | — | — | — |
| Product revenue | 1,980.3a | 1,954.2a | 1,932.8a |
| Related party revenue | 114.1a | 93.9a | 103a |
| Total revenue | 2,094.4a | 2,048.1a | 2,035.8a |
| Cost of goods sold | -1,090a | -1,044.6a | -977a |
| Gross profit | 1,004.4a | 1,003.5a | 1,058.8a |
| Operating expenses | — | — | — |
| Selling, general and administrative | -743.8a | -664a | -657.4a |
| Research and development | -222.8a | -175.2a | -191.4a |
| Litigation settlements | -0.5a | -17.8a | 0a |
| Impairment charges, including intangible assets and goodwill | -304a | -10a | 0a |
| Total operating expenses | -1,271.1a | -867a | -848.8a |
| Operating (loss) income | -266.7a | 136.5a | 210a |
| Non-operating loss | -38.6a | -48.4a | -16.6a |
| (Loss) income before provision for income taxes | -305.3a | 88.1a | 193.4a |
| (Benefit) provision for income taxes | -0.4a | 6.6a | 49.9a |
| Net (loss) income | -304.9a | 81.5a | 143.5a |
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