Inspire Medical Systems (INSP) Operating Expenses (2017 - 2026)
Inspire Medical Systems (INSP) reported Operating Expenses of $178.0 million for Q1 2026, up 3.45% on a YoY basis from $172.1 million in Q1 2025, and down 4.74% sequentially from $186.9 million in Q4 2025.
Inspire Medical Systems (INSP) Operating Expenses (2017 - 2026) Analysis & Trends
Inspire Medical Systems (INSP) has 10 years of Operating Expenses data on file, last reported at $178.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 3.45% year-over-year to $178.0 million; the trailing twelve-month figure through Mar 2026 stood at $733.7 million (up 10.94% YoY), and the FY2025 full-year result was $727.8 million, up 13.06% from the prior year.
- Operating Expenses eased to $178.0 million in Q1 2026, from $186.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $186.9 million in Q4 2025 to a low of $75.4 million in Q1 2022.
- A 5-year average of $147.5 million and a median of $155.2 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses soared 69.58% in 2022 and climbed 3.45% in 2026, its largest moves.
- Tracing INSP's Operating Expenses over 5 years: stood at $116.1 million in 2022, then soared by 33.66% to $155.2 million in 2023, then increased by 10.76% to $171.8 million in 2024, then grew by 8.76% to $186.9 million in 2025, then declined by 4.74% to $178.0 million in 2026.
- Business Quant data shows INSP's Operating Expenses at $178.0 million in Q1 2026, $186.9 million in Q4 2025, and $183.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 785.50 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 495.00 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -668.50 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | -47.00 Mn |
| 10 | Inspire Medical Systems | 1.46 Bn | 1.17 Bn | 176.91 Mn | 178.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 178.03 Mn |
| Dec 31, 2025 | 186.90 Mn |
| Sep 30, 2025 | 183.08 Mn |
| Jun 30, 2025 | 185.73 Mn |
| Mar 31, 2025 | 172.09 Mn |
| Dec 31, 2024 | 171.85 Mn |
| Sep 30, 2024 | 156.48 Mn |
| Jun 30, 2024 | 160.94 Mn |
| Mar 31, 2024 | 154.47 Mn |
| Dec 31, 2023 | 155.16 Mn |
| Sep 30, 2023 | 142.39 Mn |
| Jun 30, 2023 | 143.44 Mn |
| Mar 31, 2023 | 127.51 Mn |
| Dec 31, 2022 | 116.08 Mn |
| Sep 30, 2022 | 106.60 Mn |
| Jun 30, 2022 | 91.22 Mn |
| Mar 31, 2022 | 75.43 Mn |
| Dec 31, 2021 | 69.06 Mn |
| Sep 30, 2021 | 62.86 Mn |
| Jun 30, 2021 | 57.99 Mn |