Inspire Medical Systems (INSP) Research & Development (2017 - 2026)
Inspire Medical Systems (INSP) reported Research & Development of $25.8 million for Q1 2026, down 7.11% on a YoY basis from $27.8 million in Q1 2025, and up 3.54% sequentially from $24.9 million in Q4 2025.
Inspire Medical Systems (INSP) Research & Development (2017 - 2026) Analysis & Trends
Inspire Medical Systems (INSP) has 10 years of Research & Development data on file, last reported at $25.8 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 7.11% year-over-year to $25.8 million; the trailing twelve-month figure through Mar 2026 stood at $101.2 million (down 10.52% YoY), and the FY2025 full-year result was $103.2 million, down 9.61% from the prior year.
- Research & Development climbed to $25.8 million in Q1 2026, from $24.9 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $31.1 million in Q4 2023 to a low of $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.
- Across the five-year window, Research & Development jumped 118.36% in 2022 and dropped 17.78% in 2025, its largest moves.
- Tracing INSP's Research & Development over 5 years: stood at $21.2 million in 2022, then soared by 46.14% to $31.1 million in 2023, then dropped by 2.31% to $30.3 million in 2024, then decreased by 17.78% to $24.9 million in 2025, then gained by 3.54% to $25.8 million in 2026.
- Business Quant data shows INSP's Research & Development at $25.8 million in Q1 2026, $24.9 million in Q4 2025, and $24.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 145.30 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -461.27 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Inspire Medical Systems | 1.46 Bn | 1.17 Bn | 176.91 Mn | 25.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 9.29 Mn |