Growth Metrics

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

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DateValue
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