Inogen (INGN) Research & Development (2013 - 2026)

Inogen's (INGN) quarterly Research & Development came in at $24.6 million in Q1 2026, up 509.89% year-on-year from $4.0 million in Q1 2025, and down 70.57% on a QoQ basis from $83.6 million in Q4 2025.

Inogen (INGN) Research & Development (2013 - 2026) Analysis & Trends

Inogen (INGN) has 14 years of Research & Development data on file, last reported at $24.6 million in Q1 2026.

  • On a quarterly basis, Research & Development rose 509.89% year-over-year to $24.6 million in Q1 2026; TTM through Mar 2026 was $159.0 million, a 460.34% increase from a year earlier, with the FY2025 full-year figure at $97.7 million, up 352.07% from the prior year.
  • Research & Development for Q1 2026 stood at $24.6 million, down from $83.6 million in the prior quarter.
  • Over the last five years, Research & Development for INGN reached as high as $83.6 million in Q4 2025 and fell as low as -$70.2 million in Q4 2022.
  • Historically, Research & Development has averaged $7.7 million across 5 years, with a median of $5.6 million in 2024.
  • Across the five-year window, Research & Development tumbled 953.5% in 2024 and soared 623.11% in 2025, its largest moves.
  • Year by year, Research & Development stood at -$70.2 million in 2022, then jumped by 109.56% to $6.7 million in 2023, then tumbled by 953.5% to -$57.3 million in 2024, then surged by 245.9% to $83.6 million in 2025, then tumbled by 70.57% to $24.6 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $24.6 million in Q1 2026, $83.6 million in Q4 2025, and $25.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 767.00 Mn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 413.00 Mn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 671.00 Mn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 516.00 Mn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 263.30 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 145.30 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -461.27 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 345.00 Mn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Inogen 172.68 Mn 62.51 Mn 37.86 Mn 24.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 24.60 Mn
Dec 31, 2025 83.61 Mn
Sep 30, 2025 25.44 Mn
Jun 30, 2025 25.39 Mn
Mar 31, 2025 4.03 Mn
Dec 31, 2024 -57.30 Mn
Sep 30, 2024 3.52 Mn
Jun 30, 2024 5.62 Mn
Mar 31, 2024 26.94 Mn
Dec 31, 2023 6.71 Mn
Sep 30, 2023 4.49 Mn
Jun 30, 2023 4.29 Mn
Mar 31, 2023 5.34 Mn
Dec 31, 2022 -70.22 Mn
Sep 30, 2022 4.58 Mn
Jun 30, 2022 6.06 Mn
Mar 31, 2022 28.04 Mn
Dec 31, 2021 -66.53 Mn
Sep 30, 2021 3.75 Mn
Jun 30, 2021 29.32 Mn