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| 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 |