Fisher & Paykel Healthcare has reported record full-year revenue of over $2 billion for the first time in its history.

Total operating revenue for the financial year ended March 31, 2025, was $2.02 billion, a 16% increase from the previous year.

The growth was driven by strong demand for hospital consumables and masks for treating obstructive sleep apnea.

Net profit after tax also increased by 43% to $377.2 million.

The company's hospital product group generated $1.28b in revenue, up 18%, while the homecare product group had a 13% increase in revenue to $739.9m.

Fisher & Paykel Healthcare expects full-year operating revenue in the range of $2.15b-$2.25b and net profit after tax of $390m-$440m for the 2026 financial year.

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