Inogen (INGN) Operating Expenses (2013 - 2026)
Inogen's (INGN) quarterly Operating Expenses came in at $48.4 million in Q2 2026, up 1.89% year-over-year from $47.5 million in Q2 2025, and up 2.48% quarter-over-quarter from $47.2 million in Q1 2026.
Analysis
Inogen (INGN) Operating Expenses (2013 - 2026) Analysis & Trends
Inogen (INGN) has reported Operating Expenses for 14 consecutive years, with $48.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 1.89% year-over-year to $48.4 million in Q2 2026; TTM through Jun 2026 was $188.5 million, a 0.12% change from a year earlier, with the FY2025 full-year figure at $184.5 million, down 6.48% from the prior year.
- Operating Expenses was $48.4 million for Q2 2026 at Inogen, up from $47.2 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 $52.9 million and a median of $48.9 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 94.34% in 2022 and sank 38.95% in 2024, its largest moves.
- Over 5 years, Operating Expenses stood at $88.0 million in 2022, then tumbled by 35.04% to $57.1 million in 2023, then fell by 16.56% to $47.7 million in 2024, then slipped by 6.57% to $44.5 million in 2025, then rose by 8.59% to $48.4 million in 2026.
- The last three Operating Expenses figures came in at $48.4 million (Q2 2026), $47.2 million (Q1 2026), and $44.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 988.50 Mn |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 3.97 Bn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 2.84 Bn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 2.67 Bn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 846.40 Mn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | -1.63 Bn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 511.70 Mn |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Inogen | 142.58 Mn | 37.04 Mn | 43.27 Mn | 48.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.37 Mn |
| 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 |