Income StatementBalance SheetCash FlowSegments
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Insmed Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Insmed holds $2.1B in total assets. Shareholders' equity is $704.9M against $583.8M in total debt. Cash and equivalents total $582.2M. The current ratio is 4.47 and debt-to-equity is 0.828. Based on the Q1 2026 filing.

Total Assets$2.1BTotal Stockholders Equity$704.9MLong Term Debt$542.2MCash And Equivalents$582.2MTotal Current Assets$1.6BTotal Current Liabilities$361.0M
Latest FilingQ1 2026
Report Date2026-05-07
Market Cap$23.2B
ROE-294.46%

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$52.0M$47.7M$55.0M$65.3M$140.9M$178.6M
Cash and cash equivalents$555.0M$403.2M$1.3B$334.8M$510.4M$582.2M
Short- term Investments$878.8M$796.2M$572.4M$1.3B$919.6M$641.3M
Inventories$98.6M$100.7M$107.6M$121.0M$132.1M$132.9M
Prepaid expenses and other current assets$37.2M$54.8M$62.2M$65.6M$91.2M$78.2M
Short-term investments$878.8M$796.2M$572.4M$1.3B$919.6M$641.3M
Total current assets$1.6B$1.4B$2.1B$1.9B$1.8B$1.6B

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accrued Royalties (Current)$161.1M$162.5M$163.5M$163.9M$162.9M$162.1M
Accounts payable and other current liabilities (Note 11)$285.2M$232.7M$305.0M$409.8M$456.1M$352.6M
Current portion of long-term debt$3.0M$3.1M$3.1M$3.2M$3.3M$3.4M
Finance Lease Liability, Current$3.0M$3.1M$3.1M$3.2M$3.3M$3.4M
Operating lease liabilities, current$9.4M$3.5M$3.5M$4.1M$9.5M$5.0M
Total current liabilities$297.5M$239.2M$311.7M$417.2M$468.9M$361.0M

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$4.6B$4.7B$6.2B$6.2B$6.4B$6.5B
Accumulated other comprehensive income (loss)-$2.3M-$902.0K$1.7M$2.0M$1.5M$4.0K
Common stock$1.8M$1.8M$2.1M$2.1M$2.1M$2.2M
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$1.8M$1.8M$2.1M$2.1M$2.1M$2.2M
Retained earnings-$4.4B-$4.6B-$4.9B-$5.3B-$5.6B-$5.8B
Total liabilities and stockholders' equity$2.0B$1.8B$2.5B$2.4B$2.3B$2.1B
Total stockholders' equity$285.4M$99.2M$1.2B$945.6M$739.0M$704.9M

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Contingent Consideration Liability (Non-Current)$144.2M$159.9M$180.5M$259.6M$314.3M$270.3M
Finance lease liabilities$24.1M$23.3M$22.4M$21.6M$20.7M$19.8M
Finance Lease Liabilities (Total)$27.0M———$24.1M—
Long-term debt$1.1B$1.1B$538.5M$539.7M$541.0M$542.2M
Operating lease liabilities, non-current$9.1M$8.5M$7.9M$7.6M$12.2M$9.8M
Other non-current liabilities$499.0K$5.1M$5.6M$5.6M$5.6M$5.7M
Total liabilities$1.7B$1.7B$1.2B$1.4B$1.5B$1.4B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Goodwill$136.1M$136.1M$136.1M$136.1M$136.1M$136.1M
Intangible assets, net$58.7M$57.4M$56.1M$84.6M$97.7M$95.6M
Net Investment in Lease$17.3M$10.8M$10.3M$10.7M$20.7M$14.0M
Intangible assets — net$58.7M$57.4M$56.1M$84.6M$97.7M$95.6M
Operating lease right-of-use assets$17.3M$10.8M$10.3M$10.7M$20.7M$14.0M
Other Assets$93.2M$89.8M$88.8M$91.6M$97.4M$99.3M
Operating lease right-of-use assets$17.3M$10.8M$10.3M$10.7M$20.7M$14.0M
Operating Lease Right-of-Use Assets in Other Assets$17.3M$10.8M$10.3M$10.7M$20.7M$14.0M
Other non-current assets$93.2M$89.8M$88.8M$91.6M$97.4M$99.3M
Property and equipment, net$80.1M$88.4M$90.0M$89.7M$102.9M$102.8M
Total assets$2.0B$1.8B$2.5B$2.4B$2.3B$2.1B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accrued Royalties$161.1M$162.5M$163.5M$163.9M$162.9M$162.1M
Current maturities of long-term debt$3.0M$3.1M$3.1M$3.2M$3.3M$3.4M
Finance Lease, Right-of-Use Asset, after Accumulated Amortization$18.3M$17.6M$16.9M$16.2M$15.6M$14.9M