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Inspire Medical Systems INSP Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin85.8%+1.1pp85.4%+0.7pp84.9%+0.1pp84.5%-0.4pp84.7%0.0pp
Operating margin5.6%5.6%4.2%
Net margin14.3%15.9%5%
Returns
Return on equity18.4%19.8%6.5%
Return on invested capital7.7%8%5.4%
Efficiency
Asset turnover1.1×-0.1×1.1×0.0×1.1×0.0×1.1×+0.1×1.2×+0.1×
Liquidity
Current ratio6.3×-2.7×6.1×-1.1×5.3×-2.6×6.1×-3.1×+1.1×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×0.1×0.0×
Net debt / EBITDA-1×-1.1×-1.6×
Per Share
Book value per share$27.61+31.6%$26.25+16.3%$22.52-1.0%$22.97+9.5%$20.97+5.5%
Valuation
Market capitalization$1.24B-67.8%$2.68B-51.8%$2.19B-65.0%$3.91B-1.4%$4.74B-25.5%
Price / earnings9.5×-48.6×18.4×49.3×
Price / sales1.4×-3.2×2.9×-4.0×2.5×-5.8×4.5×-1.1×5.6×-4.0×
Price / book1.6×-4.5×3.4×-4.6×3.3×-5.7×5.8×-0.4×7.5×-3.3×
EV / EBITDA17.5×-48.1×40.2×42.8×

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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.