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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%
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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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
Operating (loss)(1,118)(1,485)
Interest and dividend (income), net(3,741)(5,066)
Other expense (income), net226(578)
Earnings before income taxes2,3974,159
Income tax expense13,6911,167
Net (loss) earnings$(11,294)$2,992
Basic (loss) earnings per share$(0.39)$0.10
Diluted (loss) earnings per share$(0.39)$0.10

Item 1. Financial Statements.

FAQ

What is Inspire Medical Systems's pre-tax income?
Inspire Medical Systems (INSP) reported pre-tax income of $2.4M in Q1 2026.
How has Inspire Medical Systems's pre-tax income changed year-over-year?
Inspire Medical Systems's pre-tax income decreased by 42.4% year-over-year, from $4.16M to $2.4M.
What is the long-term trend for Inspire Medical Systems's pre-tax income?
Over 3 years (2021 to 2025), Inspire Medical Systems's pre-tax income has grown at a 16.1% compound annual growth rate (CAGR), from -$41.97M to $65.7M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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