Inogen (INGN) Operating Expenses (2013 - 2026)
Inogen (INGN) reported Operating Expenses of $47.2 million for Q1 2026, up 7.2% year-over-year from $44.0 million in Q1 2025, and up 5.97% quarter-over-quarter from $44.5 million in Q4 2025.
Inogen (INGN) Operating Expenses (2013 - 2026) Analysis & Trends
Inogen (INGN) has 14 years of Operating Expenses data on file, last reported at $47.2 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $47.2 million, up 7.2% year-over-year; the trailing twelve-month figure through Mar 2026 was $187.6 million (down 1.57% YoY), and the FY2025 annual result was $184.5 million, down 6.48% from the prior year.
- Operating Expenses grew to $47.2 million in Q1 2026 per INGN's latest filing, from $44.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $88.0 million in Q4 2022 and troughed at $44.0 million in Q1 2025.
- A 5-year average of $53.2 million and a median of $49.1 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 94.34% in 2022, then plunged 38.95% in 2024.
- A 5-year view of Operating Expenses shows it stood at $88.0 million in 2022, then slumped by 35.04% to $57.1 million in 2023, then retreated by 16.56% to $47.7 million in 2024, then dropped by 6.57% to $44.5 million in 2025, then increased by 5.97% to $47.2 million in 2026.
- Business Quant data shows INGN's Operating Expenses at $47.2 million in Q1 2026, $44.5 million in Q4 2025, and $48.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 3.76 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 822.60 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -668.50 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 495.00 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 380.30 Mn |
| 10 | Inogen | 176.23 Mn | 81.82 Mn | 37.86 Mn | 47.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 47.20 Mn |
| Dec 31, 2025 | 44.54 Mn |
| Sep 30, 2025 | 48.43 Mn |
| Jun 30, 2025 | 47.47 Mn |
| Mar 31, 2025 | 44.03 Mn |
| Dec 31, 2024 | 47.68 Mn |
| Sep 30, 2024 | 49.14 Mn |
| Jun 30, 2024 | 49.80 Mn |
| Mar 31, 2024 | 50.65 Mn |
| Dec 31, 2023 | 57.14 Mn |
| Sep 30, 2023 | 80.49 Mn |
| Jun 30, 2023 | 45.81 Mn |
| Mar 31, 2023 | 52.65 Mn |
| Dec 31, 2022 | 87.96 Mn |
| Sep 30, 2022 | 53.09 Mn |
| Jun 30, 2022 | 49.13 Mn |
| Mar 31, 2022 | 48.59 Mn |
| Dec 31, 2021 | 45.26 Mn |
| Sep 30, 2021 | 41.31 Mn |
| Jun 30, 2021 | 38.66 Mn |