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

Inspire Medical Systems' (INSP) quarterly Research & Development came in at $25.8 million in Q1 2026, down 7.11% year-on-year from $27.8 million in Q1 2025, and up 3.54% quarter-over-quarter from $24.9 million in Q4 2025.

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 $25.8 million for Q1 2026.

  • Research & Development for Q1 2026 came in at $25.8 million, down 7.11% year-over-year; the trailing twelve-month figure through Mar 2026 was $101.2 million (down 10.52% YoY), and the FY2025 annual result 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.
  • The 5-year median for Research & Development is $26.1 million (2024), against an average of $25.2 million.
  • Across the five-year window, Research & Development jumped 118.36% in 2022 and dropped 17.78% in 2025, its largest moves.
  • Inspire Medical Systems' 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 advanced by 3.54% to $25.8 million in 2026.
  • The last three Research & Development figures came in at $25.8 million (Q1 2026), $24.9 million (Q4 2025), and $24.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 767.00 Mn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 413.00 Mn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 722.00 Mn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 516.00 Mn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 263.30 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -461.27 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 145.30 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 345.00 Mn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 28.80 Mn
10 Inspire Medical Systems 1.22 Bn 933.64 Mn 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