Inspire Medical Systems (INSP) Operating Expenses (2017 - 2026)

Inspire Medical Systems' (INSP) quarterly Operating Expenses came in at $178.0 million in Q1 2026, up 3.45% year-on-year from $172.1 million in Q1 2025, and down 4.74% quarter-over-quarter from $186.9 million in Q4 2025.

Inspire Medical Systems (INSP) Operating Expenses (2017 - 2026) Analysis & Trends

Inspire Medical Systems has disclosed Operating Expenses across 10 years of filings, most recently posting $178.0 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $178.0 million, up 3.45% year-over-year; the trailing twelve-month figure through Mar 2026 was $733.7 million (up 10.94% YoY), and the FY2025 annual result was $727.8 million, up 13.06% from the prior year.
  • Operating Expenses came in at $178.0 million for Q1 2026 at Inspire Medical Systems, down 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.
  • The 5-year median for Operating Expenses is $155.2 million (2023), against an average of $147.5 million.
  • Across the five-year window, Operating Expenses soared 69.58% in 2022 and climbed 3.45% in 2026, its largest moves.
  • Inspire Medical Systems' Operating Expenses stood at $116.1 million in 2022, then jumped by 33.66% to $155.2 million in 2023, then rose by 10.76% to $171.8 million in 2024, then increased by 8.76% to $186.9 million in 2025, then fell by 4.74% to $178.0 million in 2026.
  • The last three Operating Expenses figures came in at $178.0 million (Q1 2026), $186.9 million (Q4 2025), and $183.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 9.82 Bn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 2.87 Bn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 3.76 Bn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 822.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -668.50 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 495.00 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 1.46 Bn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 380.30 Mn
10 Inspire Medical Systems 1.22 Bn 933.64 Mn 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