Lyanne Harrison's questions to Resmed Inc (RMD) leadership • Q2 2025
Question
Lyanne Harrison from Bank of America asked if the strong device growth was influenced by any one-off bulk purchases or stocking by durable medical equipment (DME) providers ahead of potential tariffs.
Answer
Executive Michael Farrell confirmed there were no one-time stocking events in Q2, contrasting it with some stocking in Japan during Q1 following the AirSense 11 launch. He also stated that ResMed does not anticipate any direct impact from potential U.S. tariffs on Chinese or Mexican goods, noting that such tariffs could negatively affect competitors who manufacture in those regions.