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
DateValue
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