Inogen (INGN) Gross Margin (2013 - 2026)
Inogen (INGN) reported Gross Margin of 44.49% for Q1 2026, up 28.0% year-over-year from 34.76% in Q1 2025, and up 3.18% on a QoQ basis from 43.12% in Q4 2025.
Inogen (INGN) has 14 years of Gross Margin data on file, last reported at 44.49% in Q1 2026.
- Quarterly Gross Margin rose 28.0% year-over-year to 44.49% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 44.31% (down 179.0% YoY) and the FY2025 annual result came in at 44.24%, down 185.0% from the prior year.
- Gross Margin grew to 44.49% in Q1 2026 per INGN's latest filing, from 43.12% in the prior quarter.
- Across five years, Gross Margin topped out at 48.15% in Q2 2024 and bottomed at 33.46% in Q4 2022.
- The 5-year median for Gross Margin is 44.05% (2024), against an average of 42.84%.
- The widest annual swing landed in 2022, when Gross Margin slumped 1828 bps; it then surged 821 bps in 2024.
- Tracing INGN's Gross Margin over 5 years: stood at 33.46% in 2022, then advanced by 11 bps to 37.1% in 2023, then advanced by 22 bps to 45.32% in 2024, then retreated by 5 bps to 43.12% in 2025, then grew by 3 bps to 44.49% in 2026.
- Per Business Quant, the three latest INGN Gross Margin figures stand at 44.49% (Q1 2026), 43.12% (Q4 2025), and 44.72% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 78.01% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 62.95% |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 38.53% |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 43.89% |
| 10 | Inogen | 165.85 Mn | 71.44 Mn | 37.86 Mn | 44.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 44.49% |
| Dec 31, 2025 | 43.12% |
| Sep 30, 2025 | 44.72% |
| Jun 30, 2025 | 44.80% |
| Mar 31, 2025 | 44.21% |
| Dec 31, 2024 | 45.32% |
| Sep 30, 2024 | 46.54% |
| Jun 30, 2024 | 48.15% |
| Mar 31, 2024 | 44.05% |
| Dec 31, 2023 | 37.10% |
| Sep 30, 2023 | 40.21% |
| Jun 30, 2023 | 40.71% |
| Mar 31, 2023 | 42.59% |
| Dec 31, 2022 | 33.46% |
| Sep 30, 2022 | 40.61% |
| Jun 30, 2022 | 44.75% |
| Mar 31, 2022 | 43.55% |
| Dec 31, 2021 | 50.51% |
| Sep 30, 2021 | 58.89% |
| Jun 30, 2021 | 55.74% |
| Mar 31, 2021 | 51.73% |
| Dec 31, 2020 | 46.04% |
| Sep 30, 2020 | 44.41% |
| Jun 30, 2020 | 49.91% |
| Mar 31, 2020 | 46.15% |
| Dec 31, 2019 | 42.98% |
| Sep 30, 2019 | 47.20% |
| Jun 30, 2019 | 49.69% |
| Mar 31, 2019 | 49.23% |
| Dec 31, 2018 | 50.35% |
| Sep 30, 2018 | 51.23% |
| Jun 30, 2018 | 49.85% |
| Mar 31, 2018 | 47.72% |
| Dec 31, 2017 | 48.22% |
| Sep 30, 2017 | 48.05% |
| Jun 30, 2017 | 49.23% |
| Mar 31, 2017 | 49.04% |
| Dec 31, 2016 | 48.55% |
| Sep 30, 2016 | 46.17% |
| Jun 30, 2016 | 48.04% |
| Mar 31, 2016 | 49.50% |
| Dec 31, 2015 | 49.54% |
| Sep 30, 2015 | 47.51% |
| Jun 30, 2015 | 47.29% |
| Mar 31, 2015 | 47.47% |
| Dec 31, 2014 | 47.45% |
| Sep 30, 2014 | 49.84% |
| Jun 30, 2014 | 49.73% |
| Mar 31, 2014 | 50.51% |
| Dec 31, 2013 | 51.49% |
| Sep 30, 2013 | 48.75% |
| Jun 30, 2013 | 54.85% |
| Mar 31, 2013 | 51.55% |