Inspire Medical Systems (INSP) Gross Margin (2017 - 2026)
Inspire Medical Systems (INSP) posted Gross Margin of 86.47% for Q1 2026, little changed sequentially from 86.59% in Q4 2025, and up 173.0% YoY from 31.68% in Q1 2025.
Inspire Medical Systems (INSP) Gross Margin (2017 - 2026) Analysis & Trends
Inspire Medical Systems has reported Gross Margin for 10 years, with the latest figure at 86.47% in Q1 2026.
- Quarterly Gross Margin rose 173.0% year-over-year to 86.47% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 85.78% (up 112.0% YoY) and the FY2025 annual result came in at 85.39%, up 71.0% from the prior year.
- Gross Margin steadied at 86.47% in Q1 2026 per INSP's latest filing, from 86.59% in the prior quarter.
- Over five years, Gross Margin peaked at 86.59% in Q4 2025 and troughed at 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.
- The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 414 bps in 2022, then jumped 222 bps in 2023.
- Over 5 years, Gross Margin stood at 83.94% in 2022, then gained by 2 bps to 85.43% in 2023, then slipped by 1 bps to 84.99% in 2024, then advanced by 2 bps to 86.59% in 2025, then decreased 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.12 Bn | 193.52 Bn | 7.27 Bn | 57.71% |
| 2 | Stryker | 128.79 Bn | 125.32 Bn | 4.50 Bn | 68.27% |
| 3 | Medtronic | 119.30 Bn | 110.08 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 73.50 Bn | 72.96 Bn | 3.85 Bn | 70.71% |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.86 Bn | 1.35 Bn | 77.46% |
| 6 | Dexcom | 34.62 Bn | 32.67 Bn | 830.00 Mn | 63.44% |
| 7 | GE HealthCare Technologies | 34.05 Bn | 31.94 Bn | 2.18 Bn | 41.17% |
| 8 | Koninklijke Philips | 26.42 Bn | 23.10 Bn | 4.55 Bn | 47.38% |
| 9 | Steris | 23.15 Bn | 22.67 Bn | 684.20 Mn | 45.84% |
| 10 | Inspire Medical Systems | 1.76 Bn | 1.44 Bn | 171.46 Mn | 85.48% |
Historic Data
Download 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% |