Inogen (INGN) Operating Margin (2013 - 2026)
Inogen (INGN) reported Operating Margin of 10.97% for Q1 2026, down 166.0% year-over-year from 16.62% in Q1 2025, and up 3.67% quarter-over-quarter from 11.39% in Q4 2025.
Inogen (INGN) Operating Margin (2013 - 2026) Analysis & Trends
Inogen (INGN) has 14 years of Operating Margin data on file, last reported at 10.97% in Q1 2026.
- Operating Margin for Q1 2026 came in at 10.97%, down 166.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 9.07% (up 90.0% YoY), and the FY2025 annual result was 8.66%, up 400.0% from the prior year.
- Operating Margin rose to 10.97% in Q1 2026 per INGN's latest filing, from 11.39% in the prior quarter.
- Over five years, Operating Margin peaked at 2.78% in Q2 2022 and troughed at 66.4% in Q4 2022.
- A 5-year average of 19.52% and a median of 11.39% in 2025 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2022 and 2024: Operating Margin sank 5766 bps in 2022, then soared 4687 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 66.4% in 2022, then surged by 42 bps to 38.19% in 2023, then soared by 63 bps to 14.22% in 2024, then climbed by 20 bps to 11.39% in 2025, then grew by 4 bps to 10.97% in 2026.
- Business Quant data shows INGN's Operating Margin at 10.97% in Q1 2026, 11.39% in Q4 2025, and 7.7% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 12.05% |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 15.55% |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 16.24% |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 21.16% |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 28.97% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 6.17% |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 21.42% |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 10.04% |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 19.94% |
| 10 | Inogen | 176.23 Mn | 81.82 Mn | 37.86 Mn | -10.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -10.97% |
| Dec 31, 2025 | -11.39% |
| Sep 30, 2025 | -7.70% |
| Jun 30, 2025 | -6.64% |
| Mar 31, 2025 | -9.30% |
| Dec 31, 2024 | -14.22% |
| Sep 30, 2024 | -8.77% |
| Jun 30, 2024 | -7.96% |
| Mar 31, 2024 | -20.86% |
| Dec 31, 2023 | -38.19% |
| Sep 30, 2023 | -55.64% |
| Jun 30, 2023 | -14.07% |
| Mar 31, 2023 | -30.37% |
| Dec 31, 2022 | -66.40% |
| Sep 30, 2022 | -9.77% |
| Jun 30, 2022 | -2.78% |
| Mar 31, 2022 | -16.90% |
| Dec 31, 2021 | -8.73% |
| Sep 30, 2021 | 7.87% |
| Jun 30, 2021 | 12.92% |