Insmed (INSM) Operating Leases (2019 - 2026)

Insmed (INSM) recorded quarterly Operating Leases of $9.8 million in Q1 2026, down 19.2% quarter-over-quarter from $12.2 million in Q4 2025, and up 16.0% on a YoY basis from $8.5 million in Q1 2025.

Insmed (INSM) Operating Leases (2019 - 2026) Analysis & Trends

Insmed's Operating Leases history runs 8 years deep, the most recent figure standing at $9.8 million for Q1 2026.

  • In Q1 2026, Operating Leases rose 16.0% year-over-year to $9.8 million; the TTM figure through Mar 2026 stood at $9.8 million (up 16.0% YoY), while the FY2025 annual figure was $12.2 million, up 33.6% from the prior year.
  • Operating Leases was $9.8 million for Q1 2026 at Insmed, down from $12.2 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $19.9 million in Q1 2022 to a low of $7.6 million in Q3 2025.
  • Historically, Operating Leases has averaged $12.4 million across 5 years, with a median of $12.2 million in 2025.
  • Biggest YoY gain for Operating Leases was 33.6% in 2025; the steepest drop was 38.59% in 2025.
  • A 5-year view of Operating Leases shows it stood at $14.9 million in 2022, then declined by 25.85% to $11.0 million in 2023, then decreased by 17.26% to $9.1 million in 2024, then soared by 33.6% to $12.2 million in 2025, then slipped by 19.2% to $9.8 million in 2026.
  • The last three Operating Leases figures came in at $9.8 million (Q1 2026), $12.2 million (Q4 2025), and $7.6 million (Q3 2025), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
Mar 31, 2026 9.84 Mn
Dec 31, 2025 12.17 Mn
Sep 30, 2025 7.59 Mn
Jun 30, 2025 7.90 Mn
Mar 31, 2025 8.48 Mn
Dec 31, 2024 9.11 Mn
Sep 30, 2024 9.69 Mn
Jun 30, 2024 11.67 Mn
Mar 31, 2024 13.81 Mn
Dec 31, 2023 11.01 Mn
Sep 30, 2023 13.02 Mn
Jun 30, 2023 12.87 Mn
Mar 31, 2023 14.53 Mn
Dec 31, 2022 14.85 Mn
Sep 30, 2022 16.50 Mn
Jun 30, 2022 18.20 Mn
Mar 31, 2022 19.88 Mn
Dec 31, 2021 21.44 Mn
Sep 30, 2021 22.65 Mn
Jun 30, 2021 23.41 Mn