Inspire Medical Systems (INSP) Gross Margin (2017 - 2026)

Inspire Medical Systems' (INSP) quarterly Gross Margin came in at 86.47% in Q1 2026, up 173.0% year-on-year from 31.68% in Q1 2025, and little changed quarter-over-quarter from 86.59% in Q4 2025.

Inspire Medical Systems (INSP) Gross Margin (2017 - 2026) Analysis & Trends

Inspire Medical Systems has disclosed Gross Margin across 10 years of filings, most recently posting 86.47% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 86.47%, up 173.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 85.78% (up 112.0% YoY), and the FY2025 annual result 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.
  • The 5-year median for Gross Margin is 84.75% (2025), against an average of 84.72%.
  • Across the five-year window, Gross Margin tumbled 414 bps in 2022 and surged 222 bps in 2023, its largest moves.
  • Inspire Medical Systems' Gross Margin stood at 83.94% in 2022, then increased by 2 bps to 85.43% in 2023, then retreated by 1 bps to 84.99% in 2024, then rose by 2 bps to 86.59% in 2025, then fell by 0 bps to 86.47% in 2026.
  • The last three Gross Margin figures came in at 86.47% (Q1 2026), 86.59% (Q4 2025), and 85.85% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 56.20%
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 63.29%
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 63.83%
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 69.46%
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 78.01%
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 45.22%
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 62.95%
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 38.53%
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 43.89%
10 Inspire Medical Systems 1.22 Bn 933.64 Mn 176.91 Mn 86.47%

Historic Data

Download Data
DateValue
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%