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Segments

By segment

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Operating Segment-$1.12M+24.7%

Other financials

Income statement

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Revenue$204.6M+1.6%
Gross profit$176.9M+3.7%
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:OperatingIncomeLoss.

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
Research and development25,82627,803
Selling, general and administrative152,204144,290
Total operating expenses178,030172,093
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

Item 1. Financial Statements.

FAQ

What is Inspire Medical Systems's operating income?
Inspire Medical Systems (INSP) reported operating income of -$1.12M in Q1 2026.
How has Inspire Medical Systems's operating income changed year-over-year?
Inspire Medical Systems's operating income increased by 24.7% year-over-year, from -$1.49M to -$1.12M.
What is the long-term trend for Inspire Medical Systems's operating income?
Over 3 years (2021 to 2025), Inspire Medical Systems's operating income has grown at a 8.5% compound annual growth rate (CAGR), from -$39.85M to $50.95M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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