Inspire Medical Systems (INSP) Gross Margin (2017 - 2026)
Inspire Medical Systems' Gross Margin was 86.05% in Q3 2026, up 0.20 percentage points from 85.85% a year earlier and up 0.57 percentage points from the prior quarter.
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Analysis
Inspire Medical Systems (INSP) Gross Margin (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Inspire Medical Systems' Gross Margin was 86.19% through Sep 30, 2026, up 1.27 percentage points year-over-year; for FY2025, it came in at 85.39%, up 0.71 percentage points from FY2024.
- Gross Margin has now increased for three consecutive years, with a five-year change of +0.67 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 84.68% in FY2024 (+0.14 pp), 84.54% in FY2023 (+0.75 pp), 83.79% in FY2022 (-1.95 pp) and 85.74% in FY2021 (+1.02 pp).
- Quarterly Gross Margin has moved between 81.88% (Q3 2022) and 86.59% (Q4 2025) over five years.
- Compared with a year earlier, Gross Margin has increased for five straight quarters, with an average year-over-year change of +0.68 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q3 2023 (a gain of 2.22 percentage points); the worst was Q3 2022 (a drop of 4.14 percentage points).
- Per Business Quant data, INSP's Gross Margin in the three quarters before Q3 2026 was 85.48% (Q2 2026), 86.47% (Q1 2026) and 86.59% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 42.28% |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 56.75% |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 58.54% |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 68.37% |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 65.15% |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 66.72% |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 78.48% |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 24.50% |
| 10 | Inspire Medical Systems | 1.80 Bn | 563.17 Mn | 177.86 Mn | 86.05% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 86.05% |
| 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% |
API Access
Inspire Medical Systems Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=INSP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "INSP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=INSP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();