Inspire Medical Systems (INSP) Gross Margin (2017 - 2026)
Inspire Medical Systems recorded quarterly Gross Margin of 86.47% in Q1 2026, little changed quarter-over-quarter from 86.59% in Q4 2025, and up 173.0% year-over-year from 31.68% in Q1 2025.
Inspire Medical Systems' Gross Margin history runs 10 years deep, the most recent figure standing at 86.47% for Q1 2026.
- In Q1 2026, Gross Margin rose 173.0% year-over-year to 86.47%; the TTM figure through Mar 2026 stood at 85.78% (up 112.0% YoY), while the FY2025 annual figure was 85.39%, up 71.0% from the prior year.
- Gross Margin came in at 86.47% for Q1 2026 at Inspire Medical Systems, roughly flat from 86.59% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 86.59% in Q4 2025 to a low of 81.88% in Q3 2022.
- A 5-year average of 84.72% and a median of 84.75% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 414 bps in 2022 and soared 222 bps in 2023, its largest moves.
- Inspire Medical Systems' Gross Margin stood at 83.94% in 2022, then rose by 2 bps to 85.43% in 2023, then decreased by 1 bps to 84.99% in 2024, then gained by 2 bps to 86.59% in 2025, then retreated by 0 bps to 86.47% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 86.47%, 86.59%, and 85.85% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 78.01% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 62.95% |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 38.53% |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 43.89% |
| 10 | Inspire Medical Systems | 1.17 Bn | 889.44 Mn | 176.91 Mn | 86.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 86.47% |
| Dec 31, 2025 | 86.59% |
| Sep 30, 2025 | 85.85% |
| Jun 30, 2025 | 84.03% |
| Mar 31, 2025 | 84.75% |
| Dec 31, 2024 | 84.99% |
| Sep 30, 2024 | 84.06% |
| Jun 30, 2024 | 84.77% |
| Mar 31, 2024 | 84.91% |
| Dec 31, 2023 | 85.43% |
| Sep 30, 2023 | 84.10% |
| Jun 30, 2023 | 83.95% |
| Mar 31, 2023 | 84.45% |
| Dec 31, 2022 | 83.94% |
| Sep 30, 2022 | 81.88% |
| Jun 30, 2022 | 84.49% |
| Mar 31, 2022 | 85.58% |
| Dec 31, 2021 | 85.77% |
| Sep 30, 2021 | 86.02% |
| Jun 30, 2021 | 85.80% |
| Mar 31, 2021 | 85.18% |
| Dec 31, 2020 | 84.44% |
| Sep 30, 2020 | 85.46% |
| Jun 30, 2020 | 83.96% |
| Mar 31, 2020 | 84.56% |
| Dec 31, 2019 | 84.25% |
| Sep 30, 2019 | 83.43% |
| Jun 30, 2019 | 82.84% |
| Mar 31, 2019 | 82.44% |
| Dec 31, 2018 | 80.72% |
| Sep 30, 2018 | 81.10% |
| Jun 30, 2018 | 80.78% |
| Mar 31, 2018 | 77.16% |
| Dec 31, 2017 | 81.11% |
| Sep 30, 2017 | 78.48% |
| Jun 30, 2017 | 77.23% |
| Mar 31, 2017 | 77.42% |