Growth Metrics

Inogen (INGN) Operating Margin (2016 - 2026)

Inogen has reported Operating Margin over the past 13 years, most recently at 19.57% for Q4 2025.

  • Quarterly Operating Margin rose 3379.0% to 19.57% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 1.41% through Dec 2025, up 1126.0% year-over-year, with the annual reading at 1.41% for FY2025, 1126.0% up from the prior year.
  • Operating Margin was 19.57% for Q4 2025 at Inogen, up from 7.7% in the prior quarter.
  • Over five years, Operating Margin peaked at 19.57% in Q4 2025 and troughed at 66.4% in Q4 2022.
  • The 5-year median for Operating Margin is 9.04% (2024), against an average of 13.89%.
  • Year-over-year, Operating Margin tumbled -6031bps in 2022 and then soared 4687bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 6.09% in 2021, then tumbled by -991bps to 66.4% in 2022, then surged by 42bps to 38.19% in 2023, then soared by 63bps to 14.22% in 2024, then soared by 238bps to 19.57% in 2025.
  • Per Business Quant, the three most recent readings for INGN's Operating Margin are 19.57% (Q4 2025), 7.7% (Q3 2025), and 6.64% (Q2 2025).