Inogen INGN
NASDAQ INGN
$5.27 +0.04 (+0.77%)
As of: Sep 9, 2026 · 3:59 PM EDT

Inogen (INGN) Gross Margin (2013 - 2026)

Inogen's (INGN) quarterly Gross Margin came in at 45.51% in Q2 2026, up 71.0% year-over-year from 26.61% in Q2 2025, and up 2.3% quarter-over-quarter from 44.49% in Q1 2026.

Analysis

Inogen (INGN) Gross Margin (2013 - 2026) Analysis & Trends

Inogen (INGN) has reported Gross Margin for 14 consecutive years, with 45.51% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin rose 71.0% year-over-year to 45.51% in Q2 2026; TTM through Jun 2026 was 44.51%, a 72.0% decrease from a year earlier, with the FY2025 full-year figure at 44.24%, down 185.0% from the prior year.
  • Gross Margin was 45.51% for Q2 2026 at Inogen, up from 44.49% in the prior quarter.
  • Over five years, Gross Margin peaked at 48.15% in Q2 2024 and troughed at 33.46% in Q4 2022.
  • A 5-year average of 42.99% and a median of 44.13% in 2024 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin plunged 1705 bps in 2022 and soared 821 bps in 2024, its largest moves.
  • Over 5 years, Gross Margin stood at 33.46% in 2022, then climbed by 11 bps to 37.1% in 2023, then climbed by 22 bps to 45.32% in 2024, then decreased by 5 bps to 43.12% in 2025, then gained by 6 bps to 45.51% in 2026.
  • The last three Gross Margin figures came in at 45.51% (Q2 2026), 44.49% (Q1 2026), and 43.12% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Abbott Laboratories 183.04 Bn 177.44 Bn 7.27 Bn 57.71%
2 Intuitive Surgical 125.02 Bn 119.81 Bn 1.96 Bn 67.78%
3 Medtronic 117.84 Bn 109.02 Bn 6.34 Bn 64.99%
4 Stryker 105.50 Bn 102.02 Bn 4.50 Bn 68.27%
5 Boston Scientific 66.27 Bn 65.73 Bn 3.85 Bn 70.71%
6 Edwards Lifesciences 49.60 Bn 45.35 Bn 1.35 Bn 77.46%
7 Alcon 33.70 Bn 32.24 Bn 1.68 Bn 60.21%
8 Dexcom 32.06 Bn 30.11 Bn 830.00 Mn 63.44%
9 Steris 21.02 Bn 20.54 Bn 684.20 Mn 45.84%
10 Inogen 142.58 Mn 37.04 Mn 43.27 Mn 45.51%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 45.51%
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 51.22%