Cochlear has been growing earnings at an average annual rate of 18.1%, while the Medical Equipment industry saw earnings declining at 0.2% annually. Revenues have been growing at an average rate of 11.8% per year. Cochlear's return on equity is 17.8%, and it has net margins of 14.8%.
Key information
18.12%
Earnings growth rate
18.28%
EPS growth rate
Medical Equipment Industry Growth
4.25%
Revenue growth rate
11.84%
Return on equity
17.82%
Net Margin
14.77%
Next Earnings Update
18 Aug 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Cochlear makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
DB:OC50 Revenue, expenses and earnings (AUD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Dec 25
2,339
345
919
304
30 Sep 25
2,341
367
930
298
30 Jun 25
2,343
389
940
292
31 Mar 25
2,326
380
938
293
31 Dec 24
2,309
371
936
290
30 Sep 24
2,272
364
917
284
30 Jun 24
2,236
357
898
277
31 Mar 24
2,193
354
886
273
31 Dec 23
2,149
350
874
270
30 Sep 23
2,043
326
842
257
30 Jun 23
1,936
301
810
245
31 Mar 23
1,824
281
768
230
31 Dec 22
1,713
261
725
215
30 Sep 22
1,681
275
691
213
30 Jun 22
1,648
289
658
211
31 Mar 22
1,612
273
628
208
31 Dec 21
1,575
257
597
205
30 Sep 21
1,536
291
579
200
30 Jun 21
1,498
324
560
195
31 Mar 21
1,403
82
549
187
31 Dec 20
1,308
-160
537
180
30 Sep 20
1,314
-199
550
182
30 Jun 20
1,321
-238
564
185
31 Mar 20
1,400
34
569
188
31 Dec 19
1,479
306
574
190
30 Sep 19
1,453
291
560
187
30 Jun 19
1,427
277
546
184
31 Mar 19
1,422
270
535
180
31 Dec 18
1,418
264
525
175
30 Sep 18
1,391
255
510
172
30 Jun 18
1,364
246
494
168
31 Mar 18
1,329
234
475
164
31 Dec 17
1,294
223
456
160
30 Sep 17
1,274
223
444
156
30 Jun 17
1,254
224
432
152
31 Mar 17
1,218
215
426
149
31 Dec 16
1,182
206
420
146
30 Sep 16
1,156
198
412
146
30 Jun 16
1,131
189
403
145
31 Mar 16
1,088
179
383
142
31 Dec 15
1,045
168
362
138
30 Sep 15
986
157
341
133
30 Jun 15
926
146
320
128
Quality Earnings: OC50 has high quality earnings.
Growing Profit Margin: OC50's current net profit margins (14.8%) are lower than last year (16%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OC50 has become profitable over the past 5 years, growing earnings by 18.1% per year.
Accelerating Growth: OC50's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: OC50 had negative earnings growth (-6.8%) over the past year, making it difficult to compare to the Medical Equipment industry average (10.9%).
Return on Equity
High ROE: OC50's Return on Equity (17.8%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/11 02:01
End of Day Share Price
2026/06/11 00:00
Earnings
2025/12/31
Annual Earnings
2025/06/30
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Cochlear Limited is covered by 26 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.