INSP - NYSE
Inspire Medical Systems, Inc.
$40.47
-0.27%Inspire Medical Systems, Inc., a medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA) in the United States and internationally. The company offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for moderate to severe OSA. It also develops a novel, a closed-loop solution that continuously monitors a patient's breathing and delivers mild hypoglossal nerve stimulation to maintain an open airway. The company was incorporated in 2007 and is headquartered in Golden Valley, Minnesota.
At a Glance
Live SnapshotInspire Medical Systems, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Acceptable margins but limited operational leverage. Operating expense control is important.
Net Profit Margin
Strong net margins indicate efficient operations and favorable tax/interest management.
Effective Tax Rate
Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.
Profitability Insight
Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.
Inspire Medical Systems, Inc. Income Statement
INSP • NYSE
| Inspire Medical Systems, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | |||||||||||
912M | 802.8M | 624.8M | 407.9M | 233.4M | 115.4M | 82.1M | 50.6M | 28.6M | 16.4M | 8M | |
GROSS PROFIT | |||||||||||
(133.2M) | (123M) | (96.6M) | (66.1M) | (33.3M) | (17.6M) | (13.6M) | (10.1M) | (6M) | (3.9M) | (2.8M) | |
778.8M | 679.8M | 528.2M | 341.7M | 200.1M | 97.8M | 68.4M | 40.5M | 22.5M | 12.5M | 5.2M | |
OPERATING INCOME | |||||||||||
(727.8M) | (643.7M) | (568.5M) | (389.3M) | (240M) | (154M) | (103.3M) | (60.9M) | (38.6M) | (29.8M) | (25M) | |
(624.6M) | (529.6M) | (452M) | (320.7M) | (202.6M) | (127.9M) | (90.5M) | (53.5M) | (32.4M) | (22.7M) | (17.9M) | |
(103.2M) | (114.1M) | (116.5M) | (68.6M) | (37.4M) | (26.1M) | (12.8M) | (7.4M) | (6.2M) | (7.1M) | (7.1M) | |
51M | 36.1M | -40.3M | -47.6M | -39.9M | -56.2M | -34.9M | -20.4M | -16M | -17.3M | -19.8M | |
PRE-TAX INCOME | |||||||||||
(137K) | (22K) | (0.0) | (1.7M) | (2.1M) | (2.1M) | (2.1M) | (3.3M) | (1.8M) | (1.3M) | (1.6M) | |
17.4M | 23.2M | 20.6M | 3.4M | -2M | -1M | 1.7M | -1.4M | -1.6M | -1.2M | -1.5M | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -16K | (42K) | -29K | -41K | |
14.7M | 22.4M | 20.4M | 3.3M | -2.1M | -880K | 1.7M | -1.5M | -1.5M | -1.3M | -1.5M | |
65.7M | 58.5M | -19.9M | -44.3M | -42M | -57.1M | -33.2M | -21.8M | -17.5M | -18.5M | -21.3M | |
NET INCOME | |||||||||||
-79.7M | (4.9M) | (1.2M) | (613K) | (72K) | (115K) | (40K) | (0.0) | (0.0) | (0.0) | (0.0) | |
145.4M | 53.5M | -21.2M | -44.9M | -42M | -57.2M | -33.2M | -21.8M | -17.5M | -18.5M | -21.3M |
SEC Filings
INSP - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 05, 2026 | April 30, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 04, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 04, 2026 | May 04, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 20, 2026 | April 30, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 13, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 11, 2026 | February 05, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 12, 2026 | January 09, 2026 | 2026 | |
8-K 8-K 2025 N/A | November 17, 2025 | November 17, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 03, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 03, 2025 | November 03, 2025 | 2025 |
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