Inogen (INGN) Operating Leases (2019 - 2026)
Inogen (INGN) reported Operating Leases of $12.54 million for Q2 2026, down 21.4% from $15.96 million a year earlier and down 6.7% from the prior quarter.
Inogen (INGN) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Inogen posted Operating Leases of $14.31 million, down 13.7% from FY2024.
- Operating Leases has declined for four consecutive years, though with a five-year compound annual growth rate of 12.1% (FY2020 to FY2025).
- By year, Operating Leases came in at $16.59 million in FY2024 (-9.2%), $18.27 million in FY2023 (-7.6%), $19.76 million in FY2022 (-15.1%) and $23.28 million in FY2021 (+188.2%).
- The Q2 2026 figure ranks as the lowest quarterly Operating Leases since Q4 2020.
- Year over year, Operating Leases has now declined in each of the last 17 quarters, with an average decline of 13.4% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was Q4 2021 (growth of 188.2%); the low point was Q2 2026 (a decline of 21.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $13.44 million (Q1 2026), $14.31 million (Q4 2025) and $15.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn |
| 10 | Inogen | 143.54 Mn | -314.97 Mn | 43.27 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.54 Mn |
| Mar 31, 2026 | 13.44 Mn |
| Dec 31, 2025 | 14.31 Mn |
| Sep 30, 2025 | 15.10 Mn |
| Jun 30, 2025 | 15.96 Mn |
| Mar 31, 2025 | 16.27 Mn |
| Dec 31, 2024 | 16.59 Mn |
| Sep 30, 2024 | 17.37 Mn |
| Jun 30, 2024 | 18.11 Mn |
| Mar 31, 2024 | 18.60 Mn |
| Dec 31, 2023 | 18.27 Mn |
| Sep 30, 2023 | 18.87 Mn |
| Jun 30, 2023 | 18.26 Mn |
| Mar 31, 2023 | 19.18 Mn |
| Dec 31, 2022 | 19.76 Mn |
| Sep 30, 2022 | 20.66 Mn |
| Jun 30, 2022 | 21.68 Mn |
| Mar 31, 2022 | 22.41 Mn |
| Dec 31, 2021 | 23.28 Mn |
| Sep 30, 2021 | 24.12 Mn |
Inogen Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=INGN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "INGN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=INGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();