Inspire Medical Systems (INSP) Gross Margin (2017 - 2026)
Inspire Medical Systems' (INSP) quarterly Gross Margin came in at 85.48% in Q2 2026, up 145.0% year-over-year from 34.89% in Q2 2025, and down 1.15% quarter-over-quarter from 86.47% in Q1 2026.
Analysis
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 85.48% for Q2 2026.
- In Q2 2026, Gross Margin rose 145.0% year-over-year to 85.48%; the TTM figure through Jun 2026 stood at 86.13% (up 166.0% YoY), while the FY2025 annual figure was 85.39%, up 71.0% from the prior year.
- Gross Margin came in at 85.48% for Q2 2026 at Inspire Medical Systems, down from 86.47% 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.
- Average Gross Margin over 5 years is 84.76%, with a median of 84.76% recorded in 2024.
- Year-over-year, Gross Margin slumped 414 bps in 2022 and soared 222 bps in 2023.
- Over 5 years, 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 1 bps to 85.48% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 85.48% in Q2 2026, 86.47% in Q1 2026, and 86.59% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 57.71% |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 67.78% |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 64.99% |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 68.27% |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 70.71% |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 77.46% |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 60.21% |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 63.44% |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 45.84% |
| 10 | Inspire Medical Systems | 1.91 Bn | 1.59 Bn | 171.46 Mn | 85.48% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 85.48% |
| 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% |