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
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