Masimo
Logotype for Masimo Corporation

Masimo (MASI) investor relations material

Masimo Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Masimo Corporation
Q4 2025 earnings summary26 Feb, 2026

Capital allocation and financing

  • On December 1, 2025, a new unsecured credit agreement was executed, providing a $250M term loan and a $750M revolving credit facility, with an accordion feature for up to $400M in additional commitments, maturing December 1, 2030.

  • The agreement includes Bank of America as administrative agent, with several major banks as joint lead arrangers and lenders.

  • The facility allows for both ABR and Term SOFR loans, with interest rates and unused fees determined by a leverage-based pricing grid.

  • The agreement contains customary affirmative and negative covenants, including financial covenants: a maximum total net leverage ratio of 3.5x (step-up to 4.0x for certain material investments) and a minimum interest coverage ratio of 3.0x.

  • The facility includes provisions for letters of credit, cash collateralization, and lender replacement in the event of default or other specified circumstances.

Key financial ratios and metrics

  • Total net leverage ratio must not exceed 3.5x, with a temporary increase to 4.0x following a material investment, reverting after three quarters.

  • Interest coverage ratio must be at least 3.0x, calculated on a trailing four-quarter basis.

  • The agreement defines EBITDA and net leverage in detail, including permitted add-backs and exclusions.

Significant events and developments

  • The new credit agreement replaces the prior 2022 facility and was executed in connection with the company’s ongoing capital structure management.

  • The agreement supports general corporate purposes, including permitted acquisitions and share repurchases.

  • The agreement includes a comprehensive set of representations, warranties, and events of default, including cross-defaults, change of control, and material adverse effect clauses.

Quantify merger-related costs and operational impact
Detail 2026-2028 innovation wave impact on growth
Assess impact of Apple ITC ruling and redesigns
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Masimo earnings date

Logotype for Masimo Corporation
Q1 20265 May, 2026
Masimo
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Masimo earnings date

Logotype for Masimo Corporation
Q1 20265 May, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Masimo Corporation is a medical technology company that develops noninvasive monitoring technologies and devices. The company’s product portfolio includes pulse oximetry, brain function monitoring, and hospital automation solutions. It serves hospitals, medical professionals, and consumers globally. Masimo Corporation is headquartered in Irvine, California, and its shares are listed on the NASDAQ.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage