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
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