What is Inspire Medical Systems's net debt?

Inspire Medical Systems (INSP) reported net debt of -$69.38M in Q1 2026.

How has Inspire Medical Systems's net debt changed year-over-year?

Inspire Medical Systems's net debt decreased by 240.8% year-over-year, from -$20.36M to -$69.38M.

What is the long-term trend for Inspire Medical Systems's net debt?

Over 5 years (2020 to 2025), Inspire Medical Systems's net debt has grown at a -14.6% compound annual growth rate (CAGR), from -$160.13M to -$72.66M.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Inspire Medical Systems INSP Net debt

Discontinued — last reported Q1 '26

Net debt at other companies

Cabot CorporationCBT

1.1×-0.3×

Travel + LeisureTNL

6×+1.6×

UnifirstUNF

-0.2×-0.1×

HES

Hess MidstreamHESM

3.1×-0.1×

TDA

USA TODAY Co., Inc.TDAY

8.8×+4.2×

Resolute Holdings Management RHLD

11.8×+10.5×

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$12.8M+292%

CapEx$9.7M+15.7%

Free cash flow$3.1M+121%

Valuation

See full

Market cap$1.24B-67.6%

Enterprise value$1.18B-69.2%

P/E9.5×-48.2×

P/S1.4×-3.2×

Profitability

See full

Gross margin85.8%+1.1pp

Operating margin5.6%-0.3pp

Net margin14.3%+6.4pp

FCF margin10.6%+1.2pp

Returns & leverage

See full

Return on equity18.4%+7.5pp

Debt / equity0×0.0×

Current ratio6.3×-2.7×

Where this comes from

Calculated from Inspire Medical Systems’s reported figures.

$29.6Mtotal debt−$98.9Mcash and equivalents=-$69.38M

The official record: Inspire Medical Systems’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

Ask your AI about Inspire Medical Systems's net debt.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Inspire Medical Systems's net debt?: Inspire Medical Systems (INSP) reported net debt of -$69.38M in Q1 2026.
How has Inspire Medical Systems's net debt changed year-over-year?: Inspire Medical Systems's net debt decreased by 240.8% year-over-year, from -$20.36M to -$69.38M.
What is the long-term trend for Inspire Medical Systems's net debt?: Over 5 years (2020 to 2025), Inspire Medical Systems's net debt has grown at a -14.6% compound annual growth rate (CAGR), from -$160.13M to -$72.66M.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.