Inspire Medical Systems (INSP) Research & Development (2017 - 2026)
Inspire Medical Systems recorded quarterly Research & Development of $25.8 million in Q1 2026, up 3.54% quarter-over-quarter from $24.9 million in Q4 2025, and down 7.11% year-over-year from $27.8 million in Q1 2025.
Inspire Medical Systems' Research & Development history runs 10 years deep, the most recent figure standing at $25.8 million for Q1 2026.
- In Q1 2026, Research & Development fell 7.11% year-over-year to $25.8 million; the TTM figure through Mar 2026 stood at $101.2 million (down 10.52% YoY), while the FY2025 annual figure was $103.2 million, down 9.61% from the prior year.
- Research & Development came in at $25.8 million for Q1 2026 at Inspire Medical Systems, up 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 surged 118.36% in 2022 and declined 17.78% in 2025, its largest moves.
- Inspire Medical Systems' Research & Development stood at $21.2 million in 2022, then surged by 46.14% to $31.1 million in 2023, then fell by 2.31% to $30.3 million in 2024, then dropped by 17.78% to $24.9 million in 2025, then climbed 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 722.00 Mn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -461.27 Mn |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 145.30 Mn |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 28.80 Mn |
| 10 | Inspire Medical Systems | 1.17 Bn | 889.44 Mn | 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 |
| Mar 31, 2021 | 8.15 Mn |
| Dec 31, 2020 | 7.29 Mn |
| Sep 30, 2020 | 7.31 Mn |
| Jun 30, 2020 | 6.06 Mn |
| Mar 31, 2020 | 5.44 Mn |
| Dec 31, 2019 | 3.77 Mn |
| Sep 30, 2019 | 3.62 Mn |
| Jun 30, 2019 | 2.85 Mn |
| Mar 31, 2019 | 2.60 Mn |
| Dec 31, 2018 | 2.15 Mn |
| Sep 30, 2018 | 1.77 Mn |
| Jun 30, 2018 | 1.74 Mn |
| Mar 31, 2018 | 1.73 Mn |
| Dec 31, 2017 | 1.68 Mn |
| Sep 30, 2017 | 1.18 Mn |
| Jun 30, 2017 | 1.74 Mn |
| Mar 31, 2017 | 1.59 Mn |