Inogen (INGN) Net Margin (2013 - 2026)
Inogen (INGN) recorded Net Margin of -4.05% in Q2 2026, up 0.45 percentage points from -4.50% a year earlier and up 5.73 percentage points from the prior quarter.
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Analysis
Inogen (INGN) Net Margin (2013 - 2026) Analysis & Trends
On a TTM basis, Inogen's Net Margin came in at -6.94% as of Jun 30, 2026, up 0.64 percentage points year-over-year; for FY2025, it was -6.52%, up 4.17 percentage points from FY2024.
- Annual Net Margin has a five-year change of -4.63 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at -10.69% in FY2024 (+21.77 pp), -32.46% in FY2023 (-10.25 pp), -22.21% in FY2022 (-20.44 pp) and -1.77% in FY2021 (+0.12 pp).
- The Q2 2026 figure is the highest quarterly Net Margin since Q2 2022.
- On a year-over-year basis, Net Margin rose in seven of the last eight quarters, with an average year-over-year change of +10.77 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 47.74 percentage points in Q3 2024, against a drop of 45.43 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -9.78% (Q1 2026), -8.72% (Q4 2025) and -5.73% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 14.47% |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 7.37% |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 13.89% |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 28.29% |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 15.07% |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 19.37% |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 16.67% |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 13.89% |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 7.57% |
| 10 | Inogen | 143.54 Mn | -314.97 Mn | 43.27 Mn | -4.05% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.05% |
| Mar 31, 2026 | -9.78% |
| Dec 31, 2025 | -8.72% |
| Sep 30, 2025 | -5.73% |
| Jun 30, 2025 | -4.50% |
| Mar 31, 2025 | -7.50% |
| Dec 31, 2024 | -12.18% |
| Sep 30, 2024 | -6.71% |
| Jun 30, 2024 | -6.30% |
| Mar 31, 2024 | -18.68% |
| Dec 31, 2023 | -34.99% |
| Sep 30, 2023 | -54.45% |
| Jun 30, 2023 | -11.75% |
| Mar 31, 2023 | -28.20% |
| Dec 31, 2022 | -64.26% |
| Sep 30, 2022 | -9.02% |
| Jun 30, 2022 | -3.33% |
| Mar 31, 2022 | -17.68% |
| Dec 31, 2021 | -29.94% |
| Sep 30, 2021 | 13.08% |
API Access
Inogen Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=INGN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "INGN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=INGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();