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Insmed INSM Free cash flow margin

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Other financials

Income statement

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Revenue$425.5M+296%
Gross profit$358.3M+352%
Operating income-$1.5M+99.5%
Net income-$13.2M+95.9%
EPS (diluted)-$0.06+96.5%

Balance sheet

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Cash & equivalents$544.8M-57.6%
Total debt$579.9M+0.8%
Total equity$757.5M-39.4%
Total assets$2.1B-15.2%

Cash flow

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Operating cash flow-$88.8M+56.8%
CapEx$6.3M+79.6%
Free cash flow-$95.1M+54.5%

Valuation

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Market cap$21.46B+1.6%
Enterprise value$21.5B+5.3%
P/S18.9×-34.2×

Profitability

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Gross margin83.5%+7.7pp
Operating margin-73.9%-30.6pp
Net margin-76.9%-31.8pp

Returns & leverage

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Return on equity-87.2%-27.3pp
Debt / equity0.8×+0.3×
Current ratio3.7×-3.0×

Where this comes from

Calculated from Insmed’s reported figures.

Based on trailing twelve months.

The source filing: Insmed’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 6:59 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104506-26-000041

FAQ

What is Insmed's free cash flow margin?
Insmed (INSM) reported free cash flow margin of -71% in Q2 2026.
How has Insmed's free cash flow margin changed year-over-year?
Insmed's free cash flow margin increased by 67.5% year-over-year, from -218.2% to -71%.
What is the long-term trend for Insmed's free cash flow margin?
Over 5 years (2020 to 2025), Insmed's free cash flow margin has grown at a 3.1% compound annual growth rate (CAGR), from -137.2% to -159.6%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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