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| 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 |