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
Download Data
Historic 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 |