Growth Metrics

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

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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
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