What are Inspire Medical Systems's profit margins?

Inspire Medical Systems (INSP) runs a 85.8% gross margin and a 5.6% operating margin, with a 14.3% net margin.

Where do Inspire Medical Systems's ratios come from?

Every ratio is computed from Inspire Medical Systems's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Inspire Medical Systems INSP Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	85.8%+0.4pp	85.4%+0.5pp	84.9%+0.4pp	84.5%-0.2pp	84.7%0.0pp
Operating margin	5.6%0.0pp	5.6%+1.4pp	4.2%—	——	——
Net margin	14.3%-1.6pp	15.9%+10.9pp	5%—	——	——
EBITDA margin	7.4%+0.2pp	7.1%+1.5pp	5.6%—	——	——
Free cash flow margin	10.6%+2.0pp	8.6%-2.6pp	11.2%+1.3pp	9.9%+0.5pp	9.4%-2.0pp
Returns
Return on equity	18.4%-1.4pp	19.8%+13.2pp	6.5%—	——	——
Return on assets	16%-1.0pp	17%+11.4pp	5.6%—	——	——
Return on invested capital	7.7%-0.3pp	8%+2.5pp	5.4%—	——	——
Efficiency
Asset turnover	1.1×+0.1×	1.1×0.0×	1.1×0.0×	1.1×-0.1×	1.2×+0.1×
Inventory turnover	1×-0.2×	1.2×-0.1×	1.3×-0.2×	1.5×-0.3×	1.7×-0.4×
Liquidity
Current ratio	6.3×+0.3×	6.1×+0.8×	5.3×-0.8×	6.1×-2.9×	9×+1.9×
Quick ratio	4.5×-0.1×	4.6×+0.6×	4×-0.8×	4.8×-2.6×	7.4×+1.2×
Cash ratio	1.1×0.0×	1.1×+0.1×	1×-0.1×	1.1×+0.3×	0.8×-0.8×
Leverage
Debt-to-equity	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0.1×0.0×
Debt-to-assets	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Net debt / EBITDA	-1×+0.1×	-1.1×+0.5×	-1.6×—	——	——
Per Share
Book value per share	$27.61+5.2%	$26.25+16.6%	$22.52-2.0%	$22.97+9.5%	$20.97-7.1%
Valuation
Market capitalization	$1.25B-67.6%	$2.68B+22.1%	$2.19B-43.9%	$3.91B-17.5%	$4.74B-14.7%
Enterprise value	$1.18B-69.2%	$2.61B+23.3%	$2.11B-44.9%	$3.84B-18.7%	$4.72B-13.2%
Price / earnings	9.6×-48.5×	18.4×-30.8×	49.3×—	——	——
Price / sales	1.4×-3.2×	2.9×+0.5×	2.5×-2.1×	4.5×-1.1×	5.6×-1.3×
Price / book	1.6×-4.5×	3.4×+0.1×	3.3×-2.5×	5.8×-1.7×	7.5×-0.6×
EV / EBITDA	17.6×-48.0×	40.2×-2.7×	42.8×—	——	——
EV / sales	1.3×-3.3×	2.9×+0.5×	2.4×-2.1×	4.5×-1.2×	5.6×-1.2×
Free cash flow yield	7.7%+5.7pp	2.9%-1.6pp	4.5%+2.3pp	2.2%+0.5pp	1.7%0.0pp
Earnings yield	10.5%+8.8pp	5.4%+3.4pp	2%—	——	——

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Inspire Medical Systems.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What are Inspire Medical Systems's profit margins?: Inspire Medical Systems (INSP) runs a 85.8% gross margin and a 5.6% operating margin, with a 14.3% net margin.
Where do Inspire Medical Systems's ratios come from?: Every ratio is computed from Inspire Medical Systems's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.