Insmed (INSM) Cost of Revenue (2018 - 2026)
Insmed (INSM) posted Cost of Revenue of $67.2 million for Q2 2026, up 41.74% on a QoQ basis from $47.4 million in Q1 2026, and up 139.4% year-over-year from $28.1 million in Q2 2025.
Analysis
Insmed (INSM) Cost of Revenue (2018 - 2026) Analysis & Trends
Insmed has reported Cost of Revenue for 9 years, with the latest figure at $67.2 million in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 139.4% year-over-year to $67.2 million in Q2 2026; TTM through Jun 2026 was $188.2 million, a 94.69% increase from a year earlier, with the FY2025 full-year figure at $122.9 million, up 43.38% from the prior year.
- Cost of Revenue was $67.2 million for Q2 2026 at Insmed, up from $47.4 million in the prior quarter.
- The five-year high for Cost of Revenue was $67.2 million in Q2 2026, with the low at $12.2 million in Q1 2022.
- Average Cost of Revenue over 5 years is $24.7 million, with a median of $19.7 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Cost of Revenue retreated 1.65% in 2022, then soared 139.4% in 2026.
- Over 5 years, Cost of Revenue stood at $13.1 million in 2022, then surged by 41.12% to $18.4 million in 2023, then surged by 41.79% to $26.2 million in 2024, then soared by 69.09% to $44.2 million in 2025, then soared by 51.99% to $67.2 million in 2026.
- The last three Cost of Revenue figures came in at $67.2 million (Q2 2026), $47.4 million (Q1 2026), and $44.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 208.48 Bn | 194.49 Bn | 7.24 Bn | 2.81 Bn |
| 2 | Gilead Sciences | 186.29 Bn | 183.02 Bn | 6.22 Bn | 1.58 Bn |
| 3 | Vertex Pharmaceuticals | 128.79 Bn | 120.93 Bn | 2.84 Bn | 489.20 Mn |
| 4 | Regeneron Pharmaceuticals | 80.66 Bn | 72.67 Bn | 3.93 Bn | 360.70 Mn |
| 5 | Moderna | 61.46 Bn | 56.32 Bn | 52.00 Mn | 93.00 Mn |
| 6 | Argenx Se | 61.28 Bn | 56.10 Bn | 1.37 Bn | 145.00 Mn |
| 7 | Alnylam Pharmaceuticals | 32.04 Bn | 28.73 Bn | 992.69 Mn | 298.26 Mn |
| 8 | Biogen | 31.84 Bn | 30.56 Bn | 1.96 Bn | 776.90 Mn |
| 9 | Roivant Sciences | 28.74 Bn | 29.43 Bn | 1.16 Mn | 284,000.00 |
| 10 | Insmed | 26.19 Bn | 25.03 Bn | 358.27 Mn | 67.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 67.21 Mn |
| Mar 31, 2026 | 47.42 Mn |
| Dec 31, 2025 | 44.22 Mn |
| Sep 30, 2025 | 29.37 Mn |
| Jun 30, 2025 | 28.08 Mn |
| Mar 31, 2025 | 21.28 Mn |
| Dec 31, 2024 | 26.15 Mn |
| Sep 30, 2024 | 21.17 Mn |
| Jun 30, 2024 | 20.96 Mn |
| Mar 31, 2024 | 17.46 Mn |
| Dec 31, 2023 | 18.44 Mn |
| Sep 30, 2023 | 16.71 Mn |
| Jun 30, 2023 | 16.59 Mn |
| Mar 31, 2023 | 13.83 Mn |
| Dec 31, 2022 | 13.07 Mn |
| Sep 30, 2022 | 13.47 Mn |
| Jun 30, 2022 | 16.40 Mn |
| Mar 31, 2022 | 12.19 Mn |
| Dec 31, 2021 | 13.29 Mn |
| Sep 30, 2021 | 10.18 Mn |