Inspire Medical Systems (INSP) Research & Development (2017 - 2026)
Inspire Medical Systems (INSP) posted Research & Development of $25.8 million for Q1 2026, up 3.54% sequentially from $24.9 million in Q4 2025, and down 7.11% YoY from $27.8 million in Q1 2025.
Inspire Medical Systems (INSP) Research & Development (2017 - 2026) Analysis & Trends
Inspire Medical Systems has reported Research & Development for 10 years, with the latest figure at $25.8 million in Q1 2026.
- Quarterly Research & Development fell 7.11% year-over-year to $25.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $101.2 million (down 10.52% YoY) and the FY2025 annual result came in at $103.2 million, down 9.61% from the prior year.
- Research & Development climbed to $25.8 million in Q1 2026 per INSP's latest filing, from $24.9 million in the prior quarter.
- Over five years, Research & Development peaked at $31.1 million in Q4 2023 and troughed at $11.9 million in Q1 2022.
- A 5-year average of $25.2 million and a median of $26.1 million in 2024 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2025: Research & Development soared 118.36% in 2022, then fell 17.78% in 2025.
- Over 5 years, Research & Development stood at $21.2 million in 2022, then soared by 46.14% to $31.1 million in 2023, then retreated by 2.31% to $30.3 million in 2024, then declined by 17.78% to $24.9 million in 2025, then grew by 3.54% to $25.8 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $25.8 million, $24.9 million, and $24.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.24 Bn | 193.64 Bn | 7.27 Bn | 892.00 Mn |
| 2 | Stryker | 128.63 Bn | 125.15 Bn | 4.50 Bn | 434.00 Mn |
| 3 | Medtronic | 119.19 Bn | 109.97 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 73.51 Bn | 72.97 Bn | 3.85 Bn | 554.00 Mn |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.85 Bn | 1.35 Bn | 278.90 Mn |
| 6 | Dexcom | 34.64 Bn | 32.70 Bn | 830.00 Mn | 153.00 Mn |
| 7 | GE HealthCare Technologies | 34.01 Bn | 31.90 Bn | 2.18 Bn | 323.00 Mn |
| 8 | Koninklijke Philips | 26.40 Bn | 23.08 Bn | 4.55 Bn | -562.58 Mn |
| 9 | Steris | 23.14 Bn | 22.65 Bn | 684.20 Mn | 28.60 Mn |
| 10 | Inspire Medical Systems | 1.76 Bn | 1.44 Bn | 171.46 Mn | 24.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.70 Mn |
| Mar 31, 2026 | 25.83 Mn |
| Dec 31, 2025 | 24.94 Mn |
| Sep 30, 2025 | 24.21 Mn |
| Jun 30, 2025 | 26.21 Mn |
| Mar 31, 2025 | 27.80 Mn |
| Dec 31, 2024 | 30.34 Mn |
| Sep 30, 2024 | 26.08 Mn |
| Jun 30, 2024 | 28.86 Mn |
| Mar 31, 2024 | 28.85 Mn |
| Dec 31, 2023 | 31.05 Mn |
| Sep 30, 2023 | 29.14 Mn |
| Jun 30, 2023 | 30.82 Mn |
| Mar 31, 2023 | 25.52 Mn |
| Dec 31, 2022 | 21.25 Mn |
| Sep 30, 2022 | 20.99 Mn |
| Jun 30, 2022 | 14.53 Mn |
| Mar 31, 2022 | 11.87 Mn |
| Dec 31, 2021 | 10.29 Mn |
| Sep 30, 2021 | 9.61 Mn |