Inspire Medical Systems (INSP) Operating Expenses (2017 - 2026)
Inspire Medical Systems recorded quarterly Operating Expenses of $178.0 million in Q1 2026, down 4.74% quarter-over-quarter from $186.9 million in Q4 2025, and up 3.45% year-over-year from $172.1 million in Q1 2025.
Inspire Medical Systems' Operating Expenses history runs 10 years deep, the most recent figure standing at $178.0 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 3.45% year-over-year to $178.0 million; the TTM figure through Mar 2026 stood at $733.7 million (up 10.94% YoY), while the FY2025 annual figure 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.
- 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 jumped 69.58% in 2022 and grew 3.45% in 2026, its largest moves.
- Inspire Medical Systems' Operating Expenses stood at $116.1 million in 2022, then surged by 33.66% to $155.2 million in 2023, then gained by 10.76% to $171.8 million in 2024, then rose by 8.76% to $186.9 million in 2025, then retreated by 4.74% to $178.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $178.0 million, $186.9 million, and $183.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 3.76 Bn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 822.60 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -668.50 Mn |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 495.00 Mn |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 380.30 Mn |
| 10 | Inspire Medical Systems | 1.17 Bn | 889.44 Mn | 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 |
| Mar 31, 2021 | 50.06 Mn |
| Dec 31, 2020 | 45.91 Mn |
| Sep 30, 2020 | 40.52 Mn |
| Jun 30, 2020 | 33.04 Mn |
| Mar 31, 2020 | 34.49 Mn |
| Dec 31, 2019 | 31.96 Mn |
| Sep 30, 2019 | 26.06 Mn |
| Jun 30, 2019 | 23.11 Mn |
| Mar 31, 2019 | 22.17 Mn |
| Dec 31, 2018 | 18.26 Mn |
| Sep 30, 2018 | 15.24 Mn |
| Jun 30, 2018 | 14.47 Mn |
| Mar 31, 2018 | 12.94 Mn |
| Dec 31, 2017 | 11.92 Mn |
| Sep 30, 2017 | 9.36 Mn |
| Jun 30, 2017 | 9.05 Mn |
| Mar 31, 2017 | 8.23 Mn |