Insmed INSM
NASDAQ INSM
$120.00 -3.98 (-3.21%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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