What is Insmed's capex?

Insmed (INSM) reported capex of $3.48M in Q1 2026.

How has Insmed's capex changed year-over-year?

Insmed's capex decreased by 65.4% year-over-year, from $10.07M to $3.48M.

What is the long-term trend for Insmed's capex?

Over 4 years (2021 to 2025), Insmed's capex has grown at a 45.4% compound annual growth rate (CAGR), from $7.29M to $32.56M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Insmed INSM CapEx

CapEx at other companies

Sarepta Therapeutics, Inc.SRPT

$2.08M-95.2%

United TherapeuticsUTHR

$100.8M+34.6%

Solid Biosciences Inc.SLDB

$165K+31.0%

ANI PharmaceuticalsANIP

$6.07M+146%

Regeneron PharmaceuticalsREGN

$230.6M+0.6%

SavaraSVRA

$54K+1,700%

Other financials

Income statement

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Revenue$306.0M+230%

Gross profit$258.5M+261%

Operating income-$153.3M+38.2%

Net income-$163.6M+36.3%

EPS (diluted)-$0.76+46.5%

Balance sheet

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Cash & equivalents$582.2M+44.4%

Total debt$580.3M-49.2%

Total equity$704.9M+611%

Total assets$2.1B+15.2%

Cash flow

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Operating cash flow-$222.7M+15.0%

Free cash flow-$226.2M+16.9%

Valuation

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Market cap$23.11B+25.2%

Enterprise value$23.11B+29.9%

P/S28.2×-18.2×

Profitability

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Gross margin81.8%+5.3pp

Operating margin-140.6%-43.9pp

Net margin-144.4%-45.3pp

FCF margin-112.5%-35.3pp

Returns & leverage

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Return on equity-294.5%—

Debt / equity0.8×-10.7×

Current ratio4.5×-1.4×

Where this comes from

Reported directly by Insmed in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Insmed’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Insmed's capex?: Insmed (INSM) reported capex of $3.48M in Q1 2026.
How has Insmed's capex changed year-over-year?: Insmed's capex decreased by 65.4% year-over-year, from $10.07M to $3.48M.
What is the long-term trend for Insmed's capex?: Over 4 years (2021 to 2025), Insmed's capex has grown at a 45.4% compound annual growth rate (CAGR), from $7.29M to $32.56M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.