Insmed Incorporated

Insmed Incorporated

INSM
Insmed IncorporatedUS flagNASDAQ Global Select
103.86
USD
+0.13
- -
22.51BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.33
- -
- -
- -
- -
0.13
1.61
1.68
1.68
1.99
2.17
2.22
3.05
3.95
Basic EPS, GAAP
-1.6
-1.84
-2.02
-2.85
-2.89
-4.22
-3.01
-3.01
-3.88
-3.91
-5.34
-5.57
-6.42
-5.7
Free Cash Flow per Basic Share
-1.36
-1.62
-1.78
-2.44
-2.44
-3.55
-3.46
-2.32
-3.31
-3.33
-3.91
-4.3
-4.86
-4.44
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-11.18
-10.91
-10.03
-12.35
-14.38
-16.67
-18.16
-18.74
-20.19
-21.91
-24.53
-26.57
-28.31
-27.94
Tangible Book Value per Share
2.43
2.97
4.32
1.56
4.55
1.95
2.46
2.32
1.79
-0.95
-3.79
0.55
2.54
2.28
Basic Weighted Avg Shares
35
43
59
62
67
77
85
98
112
123
140
164
199
208
Sales/Revenue/Turnover
12
- -
- -
- -
- -
10
136
164
188
245
305
364
606
820
Operating Margin (%)
-478.39
- -
- -
- -
- -
-3,124.94
-172.38
-161.32
-195.14
-194.87
-223.1
-216.26
-164.04
-117.77
Depreciation Expense
1
1
2
2
3
5
10
14
14
10
11
11
16
18
Net Income, GAAP
-56
-79
-118
-176
-193
-324
-254
-294
-435
-482
-750
-914
-1,277
-1,184
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-487.59
- -
- -
- -
- -
-3,297.17
-186.37
-178.87
-230.63
-196.26
-245.59
-251.24
-210.54
-144.44
Working Capital
100
145
266
140
345
439
470
504
702
1,083
703
1,324
1,325
1,252
LT Debt
16
25
22
55
56
317
385
392
602
1,170
1,193
1,137
574
572
Total Equity
143
186
312
154
361
208
262
276
410
88
-332
285
739
705
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
7
13
8
LT Borrowings
540
541
542
LT Finance Leases
29
33
30
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
213
214
217
Market Capitalization
27,396
34,615
33,937

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,932
1,794
1,613
Cash, Cash Equivalents & STI
1,680
1,430
1,224
Accounts Receivable, Net
65
141
179
Inventories
121
132
133
Total Current Liabilities
417
469
361
Payables & Accruals
298
345
307
ST Debt
7
13
8
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-46.22%
-106.84%
158.95%
Free Cash Flow
27.9%
34.81%
37.09%
Net Income, GAAP
29.67%
35.18%
39.73%
Sales/Revenue/Turnover
- -
31.02%
66.73%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
76
90
93
104
364
2025
93
107
142
264
606
2026
306
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.06
-1.94
-1.27
-1.32
-5.57
2025
-1.42
-1.7
-1.75
-1.54
-6.42
2026
-0.76
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
William H. Lewis
Full Time Employees
1,271
Sector
Healthcare
Industry
Biotechnology
Address
700 US Highway 202/206 Bridgewater NJ United States of America 08807
IPO Date
Jun 1, 2000
Website
insmed.com
Business
Insmed Incorporated (Nasdaq: INSM), a global biopharmaceutical company founded in 1988 and headquartered in Bridgewater, New Jersey, focuses on rare diseases with investigational and approved therapies in pulmonary, inflammatory, and other serious conditions; its approved products include ARIKAYCE (amikacin liposome inhalation suspension) for Mycobacterium avium complex lung disease in adults with limited treatment options and BRINSUPRI (brensocatib), a first-in-class neutrophil elastase inhibitor for non-cystic fibrosis bronchiectasis; the company advances a pipeline encompassing TPIP for pulmonary arterial hypertension, INS1201, and preclinical programs in gene therapy, AI-driven protein engineering, RNA end-joining, and synthetic rescue, serving patients primarily through clinical trials and commercial launches targeting chronic lung diseases. Insmed operates 9 corporate offices and 4 global research sites across the United States, Europe, Japan, and other regions, with over 1,500 employees as of mid-2025. Recent developments include FDA approval of BRINSUPRI in 2025 and its subsequent European Union approval, topline results from the Phase 2b pulmonary arterial hypertension study and Phase 3 ASPEN study in 2024-2025, the opening of a new research lab in Cambridge, UK, a proposed $650 million public offering of common stock in June 2025, raised full-year 2025 ARIKAYCE revenue guidance to $420-430 million, and repeated recognition as the No. 1 biopharma employer by Science magazine.

Company News

APIChat
  • Insmed to Present at the 2026 Goldman Sachs Annual Global Healthcare Conference

  • Insmed Incorporated (INSM) Presents at RBC Capital Markets Global Healthcare Conference 2026 Transcript

  • Insmed CEO Defends BRINSUPRI Launch as Sales Surge, TPIP Pipeline Gains Focus

  • Insmed Incorporated (INSM) Presents at Bank of America Global Healthcare Conference 2026 Transcript

  • Insmed's Q1 Earnings Beat, Sales Miss Estimates, Stock Tanks 23%

  • Insmed Incorporated (INSM) Q1 2026 Earnings Call Transcript

  • Insmed Tanks On Its Most Important Launch; Why Analysts Remain Bullish

  • Insmed (INSM) Reports Q1 Loss, Misses Revenue Estimates

  • Insmed Reports First-Quarter 2026 Financial Results and Provides Business Update

  • Insmed and Ty Pennington Team Up to Drive Awareness and Proper Diagnosis of Bronchiectasis

  • Insmed to Present Data Across Its Respiratory Portfolio, Including Late-Breaking ARIKAYCE® Results from Phase 3b ENCORE Study, at the American Thoracic Society International Conference 2026

  • Insmed (INSM) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

  • Insmed to Present at May 2026 Investor Conferences

  • Insmed to Host First-Quarter 2026 Financial Results Conference Call on Thursday, May 7, 2026

  • GraniteShares Advisors LLC Invests $680,000 in Insmed, Inc. $INSM

  • Asset Management One Co. Ltd. Purchases Shares of 80,887 Insmed, Inc. $INSM

  • Mirae Asset Global Investments Co. Ltd. Acquires 69,410 Shares of Insmed, Inc. $INSM

  • Assetmark Inc. Acquires 4,438 Shares of Insmed, Inc. $INSM

  • Here Are Friday’s Top Wall Street Analyst Research Calls: Autodesk, Delek US Holdings, Insmed, Nike, Nutanix, ServiceNow, Shake Shack, Southern Copper, Veeva Systems, and More

  • Insmed Ends Brinsupri Development in Skin Disease Post Study Failure