Inogen (INGN) Operating Expenses (2013 - 2026)

Inogen's (INGN) quarterly Operating Expenses came in at $47.2 million in Q1 2026, up 7.2% year-on-year from $44.0 million in Q1 2025, and up 5.97% on a QoQ basis 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.

  • On a quarterly basis, Operating Expenses rose 7.2% year-over-year to $47.2 million in Q1 2026; TTM through Mar 2026 was $187.6 million, a 1.57% decrease from a year earlier, with the FY2025 full-year figure at $184.5 million, down 6.48% from the prior year.
  • Operating Expenses for Q1 2026 stood at $47.2 million, up from $44.5 million in the prior quarter.
  • Over the last five years, Operating Expenses for INGN reached as high as $88.0 million in Q4 2022 and fell as low as $44.0 million in Q1 2025.
  • Historically, Operating Expenses has averaged $53.2 million across 5 years, with a median of $49.1 million in 2022.
  • Across the five-year window, Operating Expenses jumped 94.34% in 2022 and slumped 38.95% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $88.0 million in 2022, then tumbled by 35.04% to $57.1 million in 2023, then dropped by 16.56% to $47.7 million in 2024, then retreated by 6.57% to $44.5 million in 2025, then advanced by 5.97% to $47.2 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $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 201.40 Bn 194.75 Bn 6.27 Bn 9.82 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 2.87 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 3.59 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 785.50 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 495.00 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -668.50 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 1.46 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -47.00 Mn
10 Inogen 172.68 Mn 62.51 Mn 37.86 Mn 47.20 Mn

Historic Data

Download Data
DateValue
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