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Inspire Medical Systems INSP Cash & Equivalents

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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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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%
CapEx$9.7M+15.7%
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:CashAndCashEquivalentsAtCarryingValue.

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 itemMarch 31, 2026December 31, 2025
(unaudited)
Assets
Current assets:
Cash and cash equivalents$98,932$104,813
Investments, short-term184,902203,455
Accounts receivable, net of allowance for credit losses of $1,266 and $1,080, respectively105,088119,692
Inventories, net166,235145,293
Prepaid expenses and other current assets11,66210,399

Item 1. Financial Statements.

FAQ

What is Inspire Medical Systems's cash & equivalents?
Inspire Medical Systems (INSP) reported cash & equivalents of $98.93M in Q1 2026.
How has Inspire Medical Systems's cash & equivalents changed year-over-year?
Inspire Medical Systems's cash & equivalents increased by 83.6% year-over-year, from $53.88M to $98.93M.
What is the long-term trend for Inspire Medical Systems's cash & equivalents?
Over 5 years (2020 to 2025), Inspire Medical Systems's cash & equivalents has grown at a -11.3% compound annual growth rate (CAGR), from $190.52M to $104.81M.
What does cash & equivalents mean?
Cash on hand plus highly liquid investments with maturities of three months or less at purchase — treasury bills, money market funds, and commercial paper.

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