Insmed (INSM) Net Income (2010 - 2026)

Insmed (INSM) recorded quarterly Net Income of -$163.6 million in Q1 2026, up 50.21% quarter-over-quarter from -$328.5 million in Q4 2025, and up 36.25% on a YoY basis from -$120.0 million in Q1 2025.

Insmed (INSM) Net Income (2010 - 2026) Analysis & Trends

Insmed's Net Income history runs 17 years deep, the most recent figure standing at -$163.6 million for Q1 2026.

  • In Q1 2026, Net Income rose 36.25% year-over-year to -$163.6 million; the TTM figure through Mar 2026 stood at -$1.2 billion (down 16.82% YoY), while the FY2025 annual figure was -$1.3 billion, down 39.73% from the prior year.
  • Net Income was -$163.6 million for Q1 2026 at Insmed, up from -$328.5 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of -$94.6 million in Q1 2022 to a low of -$370.0 million in Q3 2025.
  • Historically, Net Income has averaged -$210.9 million across 5 years, with a median of -$186.1 million in 2023.
  • The sharpest annual moves came in 2023 and 2026: Net Income sank 155.96% in 2023, then jumped 36.25% in 2026.
  • A 5-year view of Net Income shows it stood at -$160.1 million in 2022, then retreated by 16.23% to -$186.1 million in 2023, then fell by 26.61% to -$235.6 million in 2024, then slumped by 39.44% to -$328.5 million in 2025, then surged by 50.21% to -$163.6 million in 2026.
  • The last three Net Income figures came in at -$163.6 million (Q1 2026), -$328.5 million (Q4 2025), and -$370.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Alterity Therapeutics 762,369.55 Bn 762,369.51 Bn - -
2 Belite Bio 55,096.00 Bn 55,096.00 Bn - -26.94 Mn
3 Quantum Biopharma 17,755.80 Bn 17,755.79 Bn - -2.97 Mn
4 Legend Biotech 3,486.00 Bn 3,485.71 Bn 242.10 Mn 30.80 Mn
5 Akari Therapeutics 1,737.42 Bn 1,737.41 Bn - -14.46 Mn
6 Evaxion A 1,551.28 Bn 1,551.26 Bn - -3.40 Mn
7 Psyence Biomedical 227.32 Bn 227.31 Bn - -1.50 Mn
8 Vertex Pharmaceuticals 110.84 Bn 103.59 Bn 2.59 Bn 1.03 Bn
9 Abivax 91.71 Bn 91.71 Bn - -56.48 Mn
10 Insmed 19.79 Bn 18.57 Bn 258.54 Mn -163.56 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -163.56 Mn
Dec 31, 2025 -328.49 Mn
Sep 30, 2025 -370.00 Mn
Jun 30, 2025 -321.69 Mn
Mar 31, 2025 -256.57 Mn
Dec 31, 2024 -235.58 Mn
Sep 30, 2024 -220.51 Mn
Jun 30, 2024 -300.61 Mn
Mar 31, 2024 -157.09 Mn
Dec 31, 2023 -186.06 Mn
Sep 30, 2023 -158.93 Mn
Jun 30, 2023 -244.81 Mn
Mar 31, 2023 -159.76 Mn
Dec 31, 2022 -160.08 Mn
Sep 30, 2022 -131.17 Mn
Jun 30, 2022 -95.65 Mn
Mar 31, 2022 -94.62 Mn
Dec 31, 2021 -112.94 Mn
Sep 30, 2021 -112.71 Mn
Jun 30, 2021 -117.30 Mn