Skip to content
Inogen logo

Inogen

INGN

Inogen Inc is a medical technology company specializing in innovative respiratory health solutions for patients with chronic conditions like COPD and bronchiectasis.

Market cap
$170.84M-3.0%
Revenue$351.5M+3.4%
Net income-$24.9M+9.4%
Free cash flow-$20.6M-81.5%
EPS (diluted)-$0.92+20.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$95.2M
EPS estimate-$0.17

Financials

Q1 2026

Income statement

See full
Revenue$85.1M+3.4%
Gross profit$44.9M+1.7%
Operating income-$9.3M-21.9%
Net income-$8.3M-34.8%
EPS (diluted)-$0.30-20.0%

Balance sheet

See full
Cash & equivalents$93.1M-21.7%
Total debt$16.9M-11.9%
Total equity$182.9M-7.6%
Total assets$285.9M-7.3%

Cash flow

See full
Operating cash flow-$6.7M+60.2%
CapEx$210.0K-28.1%
Free cash flow-$6.9M+59.6%

Valuation & ratios

Valuation

See full
Market cap$170.84M-3.0%
Enterprise value$94.66M-3.3%
P/S0.5×0.0×

Profitability

See full
Gross margin52.8%-2.6pp
Operating margin-9.1%-0.8pp
Net margin-7.1%-0.8pp

Returns & leverage

See full
Return on equity-13.1%-0.9pp
Debt / equity0.1×0.0×
Current ratio3.1×0.0×

Competitors

Profile

Inogen Inc is a medical technology company specializing in innovative respiratory health solutions for patients with chronic conditions like COPD and bronchiectasis. The company develops and manufactures portable and stationary oxygen concentrators designed to improve patient mobility and quality of life by reducing reliance on traditional oxygen tank deliveries. Its value proposition centers on a direct-to-consumer model and proprietary pulse-dose technology that enables 24/7 oxygen therapy in a lightweight, ambulatory format.

Competitive position

A leading provider of portable oxygen concentrators known for a unique direct-to-consumer rental strategy and proprietary Intelligent Delivery Technology.

GeographiesUnited States, Europe, Asia-Pacific
Customer segmentsChronic respiratory patients, Home medical equipment providers, Medicare and private insurance beneficiaries
Business modelManufacturing, Direct-to-Consumer, Rental and Leasing, B2B Distribution
SuppliersSingle-source component suppliers, Contract manufacturers, Electronic component providers, Sieve bed and compressor manufacturers
CustomersMedicare and Medicaid, Private insurance payors, Home medical equipment (HME) providers, Individual respiratory patients
Listed2014
Employees834.0
CEOKevin R. Smith
Websiteinogen.com
FilingsSEC EDGAR

Questions, answered.

What is Inogen's market cap?
Inogen (INGN) has a market capitalization of $170.8M and trades on NASDAQ.
What is Inogen's revenue and profitability?
Inogen generated $351.5M in trailing twelve-month revenue with a net loss of $24.9M, representing a net margin of -7.1%. Gross margin stands at 52.8%, with free cash flow of -$20.6M. These figures are based on the Q1 2026 filing.
Who are Inogen's competitors?
Inogen's key competitors include Viemed Healthcare, Inc., ResMed Inc., AdaptHealth Corp., and others. These companies compete in similar markets and product categories.
Who does Inogen partner with?
Inogen's notable partners include Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. (Yuwell), Foxconn.
What subsidiaries does Inogen have?
Inogen's subsidiaries include Inogen Europe B.V., Physio-Assist SAS, New Aera, Inc..
Where is Inogen headquartered?
Inogen is headquartered in United States of America and employs approximately 834 people. It has been publicly traded since 2014.