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Other financials

Income statement

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Revenue$204.6M+1.6%
Gross profit$176.9M+3.7%
Operating income-$1.1M+24.7%
Net income-$11.3M-477%
EPS (diluted)-$0.39-490%

Balance sheet

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Cash & equivalents$98.9M+83.6%
Total debt$29.6M-11.8%
Total equity$792.3M+24.6%
Total assets$911.4M+24.7%

Cash flow

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Operating cash flow$12.8M+292%
Free cash flow$3.1M+121%

Valuation

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Market cap$1.7B-26.6%
Enterprise value$1.63B-27.3%
P/E13×-30.7×
P/S1.9×-0.8×

Profitability

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Gross margin85.8%+1.1pp
Operating margin5.6%-0.3pp
Net margin14.3%+6.4pp
FCF margin10.6%+1.2pp

Returns & leverage

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Return on equity18.4%+7.5pp
Debt / equity0.0×
Current ratio6.3×-2.7×

Where this comes from

Reported directly by Inspire Medical Systems in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Inspire Medical Systems’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:07 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001609550-26-000023
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Accrued expenses and other liabilities(12,322)(16,315)
Net cash provided by (used in) operating activities12,849(6,703)
Investing activities
Capital expenditures(9,726)(8,407)
Purchases of investments(57,312)(17,319)
Proceeds from sales or maturities of investments55,78924,173
Net cash (used in) investing activities(11,249)(1,553)
Financing activities

Item 1. Financial Statements.

FAQ

What is Inspire Medical Systems's capex?
Inspire Medical Systems (INSP) reported capex of $9.73M in Q1 2026.
How has Inspire Medical Systems's capex changed year-over-year?
Inspire Medical Systems's capex increased by 15.7% year-over-year, from $8.41M to $9.73M.
What is the long-term trend for Inspire Medical Systems's capex?
Over 4 years (2021 to 2025), Inspire Medical Systems's capex has grown at a 69.5% compound annual growth rate (CAGR), from $4.67M to $38.5M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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