Inspire Medical Systems (INSP) Net Margin (2017 - 2026)
Inspire Medical Systems' Net Margin came in at 0.16% for Q2 2026, up 1.81 percentage points from -1.65% a year earlier and up 5.68 percentage points from the prior quarter.
Inspire Medical Systems (INSP) Net Margin (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Inspire Medical Systems reported Net Margin of 15.03%, up 8.86 percentage points year-over-year; for FY2025, it was 15.95%, up 9.28 percentage points from FY2024.
- Net Margin has increased in each of the last five years, with a five-year change of +65.52 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 6.67% in FY2024 (+10.05 pp), -3.39% in FY2023 (+7.62 pp), -11.00% in FY2022 (+7.01 pp) and -18.01% in FY2021 (+31.56 pp).
- The five-year range for quarterly Net Margin is -24.06% (Q1 2022) to 50.58% (Q4 2025).
- Year-over-year, Net Margin increased in five of the last eight quarters, with an average year-over-year change of +6.08 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q4 2025 (a gain of 35.88 percentage points), and the weakest in Q1 2026 (a drop of 7.01 percentage points).
- Business Quant data shows INSP's Net Margin at -5.52% (Q1 2026), 50.58% (Q4 2025) and 4.42% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 14.47% |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 7.37% |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 13.89% |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 28.29% |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 15.07% |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 19.37% |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 16.67% |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 13.89% |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 7.57% |
| 10 | Inspire Medical Systems | 2.12 Bn | 881.50 Mn | 171.46 Mn | 0.16% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.16% |
| Mar 31, 2026 | -5.52% |
| Dec 31, 2025 | 50.58% |
| Sep 30, 2025 | 4.42% |
| Jun 30, 2025 | -1.65% |
| Mar 31, 2025 | 1.49% |
| Dec 31, 2024 | 14.69% |
| Sep 30, 2024 | 9.10% |
| Jun 30, 2024 | 5.00% |
| Mar 31, 2024 | -6.10% |
| Dec 31, 2023 | 7.67% |
| Sep 30, 2023 | -5.57% |
| Jun 30, 2023 | -7.91% |
| Mar 31, 2023 | -12.06% |
| Dec 31, 2022 | 2.29% |
| Sep 30, 2022 | -15.43% |
| Jun 30, 2022 | -15.86% |
| Mar 31, 2022 | -24.06% |
| Dec 31, 2021 | -2.99% |
| Sep 30, 2021 | -16.77% |
Inspire Medical Systems Net 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=net-margin&ticker=INSP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=INSP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();