Inspire Medical Systems, Inc.
INSPNYSE
$50.60
↓ -1.8%Jul 17 close · end-of-day
Price
1Y↓ -60.3%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$1.5B
Enterprise Value
$1.2B
P/E
11.5
P/S
1.6
P/B
1.8
EV/EBITDA
17.3
PEG
—
FCF Yield
6.7%
Dividend Yield
—
Revenue (TTM)
$915.2M
Net Income (TTM)
$131.1M
Free Cash Flow (TTM)
$96.7M
Gross Margin
85.8%
Operating Margin
5.6%
Net Margin
14.3%
ROE
16.6%
ROIC
10.1%
Debt / Equity
—
Net Cash
$283.8M
Return 1Y
-60.5%
Company profile
Inspire Medical Systems focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA) The company was incorporated in 2007 and is headquartered in Golden Valley, Minnesota.
- CEO
- Timothy P. Herbert
- Sector
- Manufacturing
- Industry
- Medical Equipment
- Employees
- 760
- Headquarters
- Minnesota
- Website
- inspiresleep.com
Management & directors
- Rondoni JohnSee Remarks
- Herbert Timothy P.CEO and President
- Kelly Jason PSee Remarks
- Mann MelissaChief People Officer
- Phillips Bryan KSee Remarks
- Weatherby CarltonSee Remarks
- Buchholz RichardChief Financial Officer
Roles derived from SEC Form 4 filings.
Earnings
INSP Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$204.6M↑ +1.6%
Diluted EPS-$0.39↓ -490.0%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $115.4M | $233.4M | $407.9M | $624.8M | $802.8M | $912.0M |
| Gross profit | $97.8M | $200.1M | $341.7M | $528.2M | $679.8M | $778.8M |
| Operating income | -$56.2M | -$39.9M | -$47.6M | -$40.3M | $36.1M | $51.0M |
| Net income | -$57.2M | -$42.0M | -$44.9M | -$21.2M | $53.5M | $145.4M |
| Diluted EPS | -$2.19 | -$1.54 | -$1.60 | -$0.72 | $1.75 | $4.89 |
| Operating cash flow | -$53.0M | -$20.1M | $11.6M | $24.7M | $130.2M | $117.0M |
| Free cash flow | -$55.5M | -$24.8M | $2.5M | $1.0M | $91.1M | $78.5M |
| Gross margin | 84.7% | 85.7% | 83.8% | 84.5% | 84.7% | 85.4% |
| Operating margin | -48.7% | -17.1% | -11.7% | -6.4% | 4.5% | 5.6% |
| Net margin | -49.6% | -18.0% | -11.0% | -3.4% | 6.7% | 15.9% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $195.9M | $203.2M | $239.7M | $201.3M | $217.1M | $224.5M | $269.1M | $204.6M |
| Gross profit | $166.0M | $170.8M | $203.7M | $170.6M | $182.4M | $192.7M | $233.0M | $176.9M |
| Operating income | $5.1M | $14.3M | $31.9M | -$1.5M | -$3.3M | $9.6M | $46.1M | -$1.1M |
| Net income | $9.8M | $18.5M | $35.2M | $3.0M | -$3.6M | $9.9M | $136.1M | -$11.3M |
| Diluted EPS | $0.32 | $0.60 | $1.17 | $0.10 | -$0.12 | $0.34 | $4.57 | -$0.39 |
| Operating cash flow | -$78,000.00 | $52.3M | $69.2M | -$6.7M | $2.7M | $68.5M | $52.5M | $12.8M |
| Free cash flow | -$12.5M | $44.3M | $62.2M | -$15.1M | -$6.3M | $58.1M | $41.8M | $3.1M |
| Gross margin | 84.8% | 84.1% | 85.0% | 84.7% | 84.0% | 85.8% | 86.6% | 86.5% |
| Operating margin | 2.6% | 7.0% | 13.3% | -0.7% | -1.5% | 4.3% | 17.1% | -0.5% |
| Net margin | 5.0% | 9.1% | 14.7% | 1.5% | -1.7% | 4.4% | 50.6% | -5.5% |
Company news
Jul 17, 2026
Jul 10, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-15 | Melenikiotou Georgia | Award | 344 | $0.00 | $0.00 | filing |
| 2026-07-15 | Tansey Casey M | Award | 346 | $0.00 | $0.00 | filing |
| 2026-07-15 | Ellis Gary Lee | Award | 581 | $0.00 | $0.00 | filing |
| 2026-07-15 | Broader Shelley G. | Award | 383 | $0.00 | $0.00 | filing |
| 2026-05-15 | Rondoni John· See Remarks | Sale | 2,641 | $43.28 | $114,302.48 | filing |
| 2026-05-14 | Rondoni John· See Remarks | Sale | 700 | $43.01 | $30,107.00 | filing |
| 2026-05-08 | McCormick Shawn | Sale | 696 | $45.31 | $31,535.76 | filing |
| 2026-05-01 | Melenikiotou Georgia | Tax withholding | 50 | $56.70 | $2,835.00 | filing |
| 2026-04-30 | Ellis Gary Lee | Award | 3,562 | $0.00 | $0.00 | filing |
| 2026-04-30 | Mead Dana G Jr. | Award | 3,562 | $0.00 | $0.00 | filing |
| 2026-04-30 | Tansey Casey M | Award | 3,562 | $0.00 | $0.00 | filing |
| 2026-04-30 | Myriam Curet | Award | 3,562 | $0.00 | $0.00 | filing |
| 2026-04-30 | Burks Cynthia | Award | 3,562 | $0.00 | $0.00 | filing |
| 2026-04-30 | Broader Shelley G. | Award | 3,562 | $0.00 | $0.00 | filing |
| 2026-04-30 | McCormick Shawn | Award | 3,562 | $0.00 | $0.00 | filing |
| 2026-04-30 | Melenikiotou Georgia | Award | 3,562 | $0.00 | $0.00 | filing |
| 2026-04-15 | Ellis Gary Lee | Award | 518 | $52.07 | $26,972.26 | filing |
| 2026-04-15 | Broader Shelley G. | Award | 342 | $52.07 | $17,807.94 | filing |
| 2026-04-15 | Tansey Casey M | Award | 308 | $52.07 | $16,037.56 | filing |
| 2026-04-15 | Melenikiotou Georgia | Award | 307 | $52.07 | $15,985.49 | filing |
| 2026-02-20 | Herbert Timothy P.· CEO and President | Tax withholding | 4,010 | $59.53 | $238,715.30 | filing |
| 2026-02-20 | Phillips Bryan K· See Remarks | Tax withholding | 735 | $59.53 | $43,754.55 | filing |
| 2026-02-20 | Rondoni John· See Remarks | Tax withholding | 735 | $59.53 | $43,754.55 | filing |
| 2026-02-20 | Weatherby Carlton· See Remarks | Tax withholding | 672 | $59.53 | $40,004.16 | filing |
| 2026-02-20 | Mann Melissa· Chief People Officer | Award | 15,958 | $0.00 | $0.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.