What is Insmed's income tax?

Insmed (INSM) reported income tax of $1.47M in Q1 2026.

How has Insmed's income tax changed year-over-year?

Insmed's income tax increased by 60.6% year-over-year, from $912K to $1.47M.

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

Over 4 years (2021 to 2025), Insmed's income tax has grown at a 30.0% compound annual growth rate (CAGR), from -$1.76M to $5.03M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Insmed INSM Income Tax

Income Tax at other companies

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$43.4M-57.2%

ANI PharmaceuticalsANIP

$10.73M+149%

Regeneron PharmaceuticalsREGN

$104M+8.0%

SavaraSVRA

$2.5M+189%

Theravance BiopharmaTBPH

-$1.54M-175%

Rein Therapeutics Inc.RNTX

-$178K+53.9%

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%

CapEx$3.5M-65.4%

Free cash flow-$226.2M+16.9%

Valuation

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Market cap$23.18B+19.9%

Enterprise value$23.17B+24.5%

P/S28.3×-20.3×

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:IncomeTaxExpenseBenefit.

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 income tax?: Insmed (INSM) reported income tax of $1.47M in Q1 2026.
How has Insmed's income tax changed year-over-year?: Insmed's income tax increased by 60.6% year-over-year, from $912K to $1.47M.
What is the long-term trend for Insmed's income tax?: Over 4 years (2021 to 2025), Insmed's income tax has grown at a 30.0% compound annual growth rate (CAGR), from -$1.76M to $5.03M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.