Inogen (INGN) Operating Expenses (2013 - 2026)
Inogen (INGN) posted quarterly 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 reported Operating Expenses for 14 consecutive years, with $47.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 7.2% year-over-year to $47.2 million; the TTM figure through Mar 2026 stood at $187.6 million (down 1.57% YoY), while the FY2025 annual figure was $184.5 million, down 6.48% from the prior year.
- Operating Expenses improved to $47.2 million in Q1 2026 per INGN's latest filing, from $44.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $88.0 million in Q4 2022 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 94.34% — and 2024, when it plunged 38.95%.
- Inogen's Operating Expenses stood at $88.0 million in 2022, then tumbled by 35.04% to $57.1 million in 2023, then decreased by 16.56% to $47.7 million in 2024, then declined by 6.57% to $44.5 million in 2025, then rose 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.20 Bn | 194.60 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Stryker | 129.69 Bn | 126.21 Bn | 4.50 Bn | 2.84 Bn |
| 3 | Medtronic | 120.14 Bn | 110.92 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 74.16 Bn | 73.62 Bn | 3.85 Bn | 2.67 Bn |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.43 Bn | 1.35 Bn | 846.40 Mn |
| 6 | Dexcom | 34.57 Bn | 32.62 Bn | 830.00 Mn | 511.70 Mn |
| 7 | GE HealthCare Technologies | 34.09 Bn | 31.98 Bn | 2.18 Bn | 1.44 Bn |
| 8 | Koninklijke Philips | 26.49 Bn | 23.17 Bn | 4.55 Bn | -741.59 Mn |
| 9 | Steris | 23.19 Bn | 22.70 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Inogen | 152.80 Mn | 47.27 Mn | 43.27 Mn | 48.37 Mn |
Historic Data
Download 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 |