Inspire Medical Systems INSP
NYSE INSP
$66.52 +4.38 (+7.05%)
As of: Sep 9, 2026 · 3:59 PM EDT

Inspire Medical Systems (INSP) Research & Development (2017 - 2026)

Inspire Medical Systems' (INSP) quarterly Research & Development came in at $24.7 million in Q2 2026, down 5.77% year-over-year from $26.2 million in Q2 2025, and down 4.37% quarter-over-quarter from $25.8 million in Q1 2026.

Analysis

Inspire Medical Systems (INSP) Research & Development (2017 - 2026) Analysis & Trends

Inspire Medical Systems has disclosed Research & Development across 10 years of filings, most recently posting $24.7 million for Q2 2026.

  • In Q2 2026, Research & Development fell 5.77% year-over-year to $24.7 million; the TTM figure through Jun 2026 stood at $99.7 million (down 9.74% YoY), while the FY2025 annual figure was $103.2 million, down 9.61% from the prior year.
  • Research & Development came in at $24.7 million for Q2 2026 at Inspire Medical Systems, down from $25.8 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.
  • Average Research & Development over 5 years is $25.2 million, with a median of $26.0 million recorded in 2024.
  • Year-over-year, Research & Development surged 118.36% in 2022 and declined 17.78% in 2025.
  • Over 5 years, Research & Development stood at $21.2 million in 2022, then jumped by 46.14% to $31.1 million in 2023, then declined by 2.31% to $30.3 million in 2024, then slipped by 17.78% to $24.9 million in 2025, then decreased by 0.98% to $24.7 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $24.7 million in Q2 2026, $25.8 million in Q1 2026, and $24.9 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 183.04 Bn 177.44 Bn 7.27 Bn 892.00 Mn
2 Intuitive Surgical 125.02 Bn 119.81 Bn 1.96 Bn 370.60 Mn
3 Medtronic 117.84 Bn 109.02 Bn 6.34 Bn 771.00 Mn
4 Stryker 105.50 Bn 102.02 Bn 4.50 Bn 434.00 Mn
5 Boston Scientific 66.27 Bn 65.73 Bn 3.85 Bn 554.00 Mn
6 Edwards Lifesciences 49.60 Bn 45.35 Bn 1.35 Bn 278.90 Mn
7 Alcon 33.70 Bn 32.24 Bn 1.68 Bn -663.00 Mn
8 Dexcom 32.06 Bn 30.11 Bn 830.00 Mn 153.00 Mn
9 Steris 21.02 Bn 20.54 Bn 684.20 Mn 28.60 Mn
10 Inspire Medical Systems 1.91 Bn 1.59 Bn 171.46 Mn 24.70 Mn
Historic Data

Historic Data

Download Data
DateValue
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