Growth Metrics

Inogen (INGN) Gross Margin (2016 - 2026)

Inogen has reported Gross Margin over the past 13 years, most recently at 43.12% for Q4 2025.

  • Quarterly Gross Margin fell 220.0% to 43.12% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 44.24% through Dec 2025, down 185.0% year-over-year, with the annual reading at 44.24% for FY2025, 185.0% down from the prior year.
  • Gross Margin was 43.12% for Q4 2025 at Inogen, down from 44.72% in the prior quarter.
  • Over five years, Gross Margin peaked at 58.89% in Q3 2021 and troughed at 33.46% in Q4 2022.
  • The 5-year median for Gross Margin is 44.13% (2024), against an average of 43.98%.
  • Year-over-year, Gross Margin surged 1449bps in 2021 and then plummeted -1828bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 35.19% in 2021, then dropped by -5bps to 33.46% in 2022, then grew by 11bps to 37.1% in 2023, then grew by 22bps to 45.32% in 2024, then fell by -5bps to 43.12% in 2025.
  • Per Business Quant, the three most recent readings for INGN's Gross Margin are 43.12% (Q4 2025), 44.72% (Q3 2025), and 44.8% (Q2 2025).