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INSP

Inspire Medical Systems, Inc.
$50.50 +1.35 (+2.75%) At close · Jul 15
Market Cap
$1.46B
Shares
28,813,153

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue
$911.98M +13.6%
FY2025 Revenue FY2016–FY2025
Net Income
$145.42M +171.8%
FY2025 Net Income FY2016–FY2025
Gross Margin
85.39% +0.7pp
FY2025 Gross Margin FY2016–FY2025
Operating Margin
5.59% +1.1pp
FY2025 Operating Margin FY2016–FY2025
Diluted EPS
$4.89 +179.4%
FY2025 Diluted EPS FY2019–FY2025
Operating Cash Flow
$116.98M -10.2%
FY2025 Operating Cash Flow FY2016–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item FY2026 (G) TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016
$825M – $875M $915.25M $911.98M $802.8M $624.8M $407.86M $233.39M $115.38M $82.05M $50.59M $28.57M $16.43M
$130.19M $133.23M $122.99M $96.58M $66.12M $33.28M $17.62M $13.64M $10.06M $6.02M $3.91M
$785.06M $778.76M $679.82M $528.22M $341.74M $200.12M $97.76M $68.41M $40.54M $22.55M $12.52M
85.39% 84.68% 84.54% 83.79% 85.74% 84.73% 83.37% 80.12% 78.93% 76.23%
$101.19M $103.17M $114.13M $116.54M $68.65M $37.35M $26.09M $12.84M $7.39M $6.19M $7.09M
$632.55M $624.64M $529.61M $451.96M $320.69M $202.62M $127.87M $90.47M $53.53M $32.36M $22.68M
$16.02M $13.96M $6.55M $2.85M $1.86M $1.22M $840K $495K $393K $285K $103K
$627.05M $568.49M $389.33M $239.97M $153.97M $103.3M $60.92M $38.55M $29.78M
$51.32M $50.95M $36.08M -$40.27M -$47.59M -$39.85M -$56.21M -$34.9M -$20.38M -$16M -$17.25M
5.59% 4.49% -6.45% -11.67% -17.07% -48.72% -42.53% -40.28% -56.02% -105.03%
$67.34M $64.91M $42.63M -$37.43M -$45.73M -$38.63M -$55.37M -$34.4M -$19.99M -$15.72M -$17.15M
$137K $22K $0 $1.68M $2.13M $2.12M $2.12M $3.3M $1.75M $1.3M
$102K $125K $1.09M $3.8M $1.87M $203K $57K
$13.94M $14.74M $22.37M $20.37M $3.32M -$2.12M -$880K $1.69M -$1.45M -$1.51M -$1.28M
$63.94M $65.7M $58.45M -$19.91M -$44.27M -$41.97M -$57.09M -$33.2M -$21.83M -$17.51M -$18.53M
-$67.2M -$79.73M $4.94M $1.25M $613K $72K $115K $40K $0 $0 $0
$131.14M $145.42M $53.51M -$21.15M -$44.88M -$42.04M -$57.2M -$33.24M -$21.83M -$17.51M -$18.53M
15.95% 6.67% -3.39% -11% -18.01% -49.58% -40.52% -43.14% -61.3% -112.79%
$130.56M $145.35M $53.25M -$20.27M -$44.91M -$42.13M -$57.28M -$33.09M -$21.88M -$17.51M -$18.53M
USD/shares $4.95 $1.80 -$0.72 -$1.60 -$1.54 -$2.19 -$1.40
USD/shares $0.07 – $0.62 $4.89 $1.75 -$0.72 -$1.60 -$1.54 -$2.19 -$1.40
shares 29.37M 29.76M 29.3M 28.07M 27.26M 26.07M 23.8M 14.58M 1.18M 1.1M
shares 29.76M 30.54M 29.3M 28.07M 27.26M 26.07M 23.8M 14.58M 1.18M 1.1M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2022–FY2025: $175.02M in buybacks.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
Medical Devices median 2.25×
EV/EBIT
Medical Devices median 21.94×
P/E (TTM)
11.48×
Medical Devices median 27.77×

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Segment $911,981,000 $802,804,000 $624,799,000 $407,856,000

By Geography (USD)

Component 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
United States $872,086,000 $771,040,000 $606,178,000 $394,833,000 $220,976,000 $106,108,000 $73,660,000 $44,378,000
Non Us $39,895,000 $31,764,000 $18,621,000 $13,023,000
All Other Countries $12,418,000 $9,273,000 $8,390,000
Europe $6,215,000

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Segment $50,954,000 $36,083,000 -$40,271,000 -$47,592,000

Operating Margin by Segment (%)

Component 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Segment 5.6% 4.5% -6.4% -11.7%
Key facts CIK 1609550 CUSIP 457730109 13F (30d) 25 filings 20 filers Visit website Investor relations