Inspire Medical Systems (INSP) Operating Expenses (2017 - 2026)
Inspire Medical Systems' (INSP) quarterly Operating Expenses came in at $172.0 million in Q2 2026, down 7.41% year-over-year from $185.7 million in Q2 2025, and down 3.4% quarter-over-quarter from $178.0 million in Q1 2026.
Analysis
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 $172.0 million for Q2 2026.
- In Q2 2026, Operating Expenses fell 7.41% year-over-year to $172.0 million; the TTM figure through Jun 2026 stood at $720.0 million (up 4.93% YoY), while the FY2025 annual figure was $727.8 million, up 13.06% from the prior year.
- Operating Expenses came in at $172.0 million for Q2 2026 at Inspire Medical Systems, down from $178.0 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.
- Average Operating Expenses over 5 years is $148.9 million, with a median of $155.8 million recorded in 2023.
- Year-over-year, Operating Expenses jumped 69.58% in 2022 and dropped 7.41% in 2026.
- Over 5 years, 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 dropped by 7.98% to $172.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $172.0 million in Q2 2026, $178.0 million in Q1 2026, and $186.9 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 988.50 Mn |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 3.97 Bn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 2.84 Bn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 2.67 Bn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 846.40 Mn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | -1.63 Bn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 511.70 Mn |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Inspire Medical Systems | 1.91 Bn | 1.59 Bn | 171.46 Mn | 171.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 171.97 Mn |
| 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 |