OMNICELL, INC.OMCL

OMNICELL, INC. Revenue Disclosure

10-KFiled Feb 26, 20262 min read
Revenues
Disaggregation of Revenues
The following table summarizes the Company’s revenues disaggregated by revenue type:
Year Ended December 31,
202520242023
(In thousands)
Connected devices, software licenses, and other$565,475 $539,168 $623,584 
Consumables100,222 91,339 84,977 
Technical services260,063 238,211 225,831 
SaaS and Expert Services
259,085 243,520 212,720 
Total revenues$1,184,845 $1,112,238 $1,147,112 
The following table summarizes the Company’s revenues disaggregated by geographic region, which is determined based on customer location:
Year Ended December 31,
202520242023
(In thousands)
United States$1,065,071$1,012,373$1,011,380
Rest of world (1)
119,77499,865135,732
Total revenues$1,184,845$1,112,238$1,147,112
_________________________________________________
(1)    No individual country represented more than 10% of total revenues.
Contract Assets and Contract Liabilities
The following table reflects the Company’s contract assets and contract liabilities:
December 31,
20252024
(In thousands)
Short-term unbilled receivables, net (1)
$28,396 $32,917 
Long-term unbilled receivables, net (2)
3,521 7,873 
Total contract assets$31,917 $40,790 
Short-term deferred revenues
$171,861 $141,370 
Long-term deferred revenues
63,254 76,123 
Total contract liabilities$235,115 $217,493 
_________________________________________________
(1)    Included in accounts receivable and unbilled receivables in the Consolidated Balance Sheets.
(2)    Included in other long-term assets in the Consolidated Balance Sheets.
During the year ended December 31, 2025, the Company recognized revenues of $124.9 million that were included in the corresponding short-term deferred revenues balance of $141.4 million as of December 31, 2024.
Significant Customers
There were no customers that accounted for more than 10% of the Company’s total revenues for the years ended December 31, 2025, 2024, and 2023. Also, there were no customers that accounted for more than 10% of the Company’s accounts receivable and unbilled receivables balance as of December 31, 2025 and 2024.

Historical Timeline

Fiscal YearFiled
2025Feb 26, 2026Showing above
2024Feb 27, 2025
2023Feb 28, 2024
2022Mar 1, 2023
2021Feb 25, 2022
2020Feb 24, 2021
2019Feb 26, 2020
2018Feb 27, 2019
2017Feb 27, 2018
2016Feb 28, 2017

About Revenue Disclosures

Revenue disclosures under ASC 606 explain how a company identifies performance obligations, allocates transaction prices, and determines when revenue is recognized. This section is essential for understanding whether reported revenue reflects genuine economic activity or aggressive accounting choices. Analysts examine the mix of point-in-time versus over-time recognition, which directly affects revenue timing and comparability.

Key signals: rising contract liabilities (deferred revenue) suggest strong future revenue visibility, while declining contract assets may indicate slowing project milestones. Watch for variable consideration estimates — rebates, returns, and performance bonuses that require management judgment. Significant changes in disaggregated revenue by geography or product line can reveal shifting business mix before it appears in headline numbers. Compare revenue growth against contract liability growth to assess sustainability, and scrutinize any changes in the timing of recognition that coincide with earnings pressure.

Other Available Disclosures

Income TaxesEarnings Per ShareFair ValuePP&EGoodwill & IntangiblesLeasesSegmentsDebtCommitmentsStock CompensationNew Standards