Inspire Medical Systems, Inc.

Inspire Medical Systems, Inc.

INSP
Inspire Medical Systems, Inc.US flagNew York Stock Exchange
62.14
USD
-0.93
- -
1.80BMarket Cap
Inspire Medical Systems, Inc.
INSP
(New York Stock Exchange)

Recent

price

62.14

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.64
1.32
2.12
3.47
3.45
4.43
8.56
14.53
21.32
26.97
31.05
31.04
Revenue per Share
-1.71
-1.49
-1.3
-1.5
-1.4
-2.19
-1.54
-1.6
-0.72
1.8
4.95
4.66
Basic EPS, GAAP
-1.81
-1.46
-1.2
-1.3
-1.49
-2.13
-0.91
0.09
0.03
3.06
2.67
4.7
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
-7.47
-8.73
7.01
5.8
8.49
8.35
17.1
19.37
23.19
27.33
28.56
Book Value per Share
- -
-7.47
-8.73
7.01
5.8
8.49
8.35
17.1
19.37
23.19
27.33
28.56
Tangible Book Value per Share
12
12
13
15
24
26
27
28
29
30
29
29
Basic Weighted Avg Shares
8
16
29
51
82
115
233
408
625
803
912
899
Sales/Revenue/Turnover
-247.1
-105.03
-56.02
-40.28
-42.53
-48.72
-17.07
-11.67
-6.45
4.49
5.59
6.02
Operating Margin (%)
- -
- -
- -
- -
- -
1
1
2
3
7
14
17
Depreciation Expense
-21
-19
-18
-22
-33
-57
-42
-45
-21
54
145
135
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
8.46
- -
687.8
Effective Tax Rate (%)
-266.31
-112.79
-61.3
-43.14
-40.52
-49.58
-18.01
-11
-3.39
6.67
15.95
15.03
Profit Margin (%)
- -
5
17
188
154
249
227
469
516
542
488
537
Working Capital
- -
12
16
25
25
31
25
8
25
30
30
29
LT Debt
- -
-7
1
164
140
230
229
496
573
690
781
826
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
5.01
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
8.12
- -
40.91
Return on Capital (%)
- -
- -
- -
- -
-21.88
-30.96
-18.33
-12.38
-3.96
8.48
19.77
17.96
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
30
30
29
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
29
29
29
Market Capitalization
2,636
1,486
1,290

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
584
567
609
Cash, Cash Equivalents & STI
308
284
321
Accounts Receivable, Net
120
105
103
Inventories
145
166
170
Total Current Liabilities
96
89
71
Payables & Accruals
94
89
71
ST Debt
2
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
33.08%
13.26%
Free Cash Flow
869.12%
1,712.19%
-13.88%
Net Income, GAAP
-12.34%
-50.76%
171.77%
Sales/Revenue/Turnover
63.11%
54.46%
13.6%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
164
196
203
240
803
2025
201
217
225
269
912
2026
205
201
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.34
0.33
0.62
1.18
1.8
2025
0.1
-0.12
0.34
4.7
4.95
2026
-0.39
0.01
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Inspire Medical Systems, Inc. (NYSE: INSP) develops and commercializes the Inspire therapy, an implantable neurostimulation system designed to treat moderate to severe obstructive sleep apnea (OSA) in adult patients unable to use or get consistent benefit from continuous positive airway pressure (CPAP) devices. The company's core products and services include the Inspire Upper Airway Stimulation (UAS) system, consisting of the Inspire implantable pulse generator (IPG), stimulation lead, sensing lead, and external patient remote control; surgical tools and accessories for implantation; the myInspire patient management platform for remote monitoring and therapy adjustments; and physician and patient education programs supporting therapy adoption. Inspire therapy offers a masked volume reduction alternative to CPAP, with implantation performed by ENTs and sleep surgeons in outpatient procedures; the company provides direct-to-consumer marketing, reimbursement support services, and post-market clinical research through its registry studies. Founded in 2007 and headquartered in Golden Valley, Minnesota, Inspire Medical Systems operates primarily in the United States, with expanding commercial presence in Europe (including select countries via partnerships) and international markets targeting adult OSA patients underserved by traditional therapies. The company serves sleep clinics, ENT practices, hospitals, and sleep surgeons as key customers, focusing on the medical device segment of the sleep health industry valued at billions annually. In recent developments, Inspire Medical Systems reported strong revenue growth in 2025, driven by increased procedure volumes and market adoption; the company expanded its European operations through new regulatory approvals and partnerships in 2024-2025. It launched enhancements to the Inspire therapy platform, including software updates for improved therapy titration and remote monitoring capabilities; additionally, Inspire announced positive results from ongoing post-market studies demonstrating long-term efficacy and safety, supporting expanded indications. No major acquisitions, funding rounds, or name changes were reported in the last 1-2 years, with strategic focus remaining on U.S. market penetration and international scaling.

Company News

  • Why Is Inspire (INSP) Down 4.1% Since Last Earnings Report?

  • Inspire Medical Systems, Inc. to Present at the Wells Fargo 21st Annual Healthcare Conference

  • ADAR1 Capital Management LLC Takes Position in Inspire Medical Systems, Inc. $INSP

  • Bank of America Corp DE Trims Stock Holdings in Inspire Medical Systems, Inc. $INSP

  • Deutsche Bank AG Makes New $7.86 Million Investment in Inspire Medical Systems, Inc. $INSP

  • INSP Stock Rallies Nearly 40% YTD: Can Its Growth Story Continue?

  • Here's Why You Should Add INSP Stock to Your Portfolio Now

  • Contrasting Medacta Group (OTCMKTS:MEDGF) & Inspire Medical Systems (NYSE:INSP)

  • New Strong Buy Stocks for August 18th

  • Assenagon Asset Management S.A. Increases Holdings in Inspire Medical Systems, Inc. $INSP

  • Is INSP a Buy as Margins Improve but Reimbursement Risks Persist?

  • INSP Raises 2026 Outlook as Reimbursement Headwinds Start to Ease

  • INSP's 28.1% Past-Month Rally Raises a Key Question for Investors

  • Amundi Sells 107,792 Shares of Inspire Medical Systems, Inc. $INSP

  • Inspire Medical Q2 Earnings Beat Estimates, '26 View Raised, Stock Up

  • Inspire Medical Systems Analysts Raise Their Forecasts Following Strong Q2 Results

  • Inspire Medical Systems, Inc. (INSP) Q2 2026 Earnings Call Transcript

  • Inspire Medical Systems Q2 Earnings Call Highlights

  • Compared to Estimates, Inspire (INSP) Q2 Earnings: A Look at Key Metrics

  • Inspire Medical Systems (INSP) Q2 Earnings and Revenues Beat Estimates