Growth Metrics

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

Inspire Medical Systems' Operating Margin history spans 10 years, with the latest figure at 0.55% for Q1 2026.

  • On a quarterly basis, Operating Margin rose 19.0% to 0.55% in Q1 2026 year-over-year; TTM through Mar 2026 was 5.61%, a 32.0% decrease, with the full-year FY2025 number at 5.59%, up 109.0% from a year prior.
  • Operating Margin hit 0.55% in Q1 2026 for Inspire Medical Systems, down from 17.14% in the prior quarter.
  • Over the last five years, Operating Margin for INSP hit a ceiling of 17.14% in Q4 2025 and a floor of 23.14% in Q1 2022.
  • Historically, Operating Margin has averaged 3.08% across 5 years, with a median of 0.74% in 2025.
  • Biggest five-year swings in Operating Margin: surged 1583bps in 2024 and later tumbled -413bps in 2025.
  • Tracing INSP's Operating Margin over 5 years: stood at 0.24% in 2022, then skyrocketed by 2088bps to 4.83% in 2023, then surged by 175bps to 13.3% in 2024, then rose by 29bps to 17.14% in 2025, then crashed by -103bps to 0.55% in 2026.
  • Business Quant data shows Operating Margin for INSP at 0.55% in Q1 2026, 17.14% in Q4 2025, and 4.3% in Q3 2025.