INSPNYSESurgical & Medical Instruments & ApparatusFiscal year ends December 31
Inspire Medical Systems, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 3, 2026
$70.15+1.36 (+1.98%)
Close on Oct 19, 2026
- Market cap
- $2.03B
- P/E (TTM)
- 15.2
- Dividend yield
- –
Inspire Medical Systems statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Surgical & Medical Instruments & Apparatus companies for comparison
Valuation
| Measure | Inspire Medical Systems | Industry median |
|---|---|---|
| Market Cap | $2.03B | $230.55M |
| Enterprise Value | $1.71B | $202.97M |
| PE Ratio | 15.18 | 31.60 |
| PS Ratio | 2.26 | 3.10 |
| PB Ratio | 2.46 | 3.04 |
| P/TBV Ratio | 2.46 | 4.43 |
| P/FCF Ratio | 17.32 | 27.30 |
| P/OCF Ratio | 12.91 | 22.47 |
Enterprise value
| Measure | Inspire Medical Systems | Industry median |
|---|---|---|
| EV / Sales | 1.90 | 2.91 |
| EV / EBITDA | 23.93 | 19.74 |
| EV / EBIT | 31.55 | 24.80 |
| EV / FCF | 14.58 | 27.89 |
Income (trailing twelve months)
| Measure | Inspire Medical Systems | Industry median |
|---|---|---|
| Revenue | $898.74M | $102.39M |
| Gross Profit | $774.11M | $60.36M |
| Operating Income | $54.12M | -$4.31M |
| Pretax Income | $69.38M | -$2.37M |
| Net Income | $135.04M | -$6.57M |
| EBITDA | $71.36M | -$1.98M |
| EPS (Diluted) | $4.62 | -$0.08 |
Margins
| Measure | Inspire Medical Systems | Industry median |
|---|---|---|
| Gross Margin | 86.1% | 55.2% |
| Operating Margin | 6.02% | -6.04% |
| Pretax Margin | 7.72% | -4.11% |
| Profit Margin | 15.0% | -10.5% |
| EBITDA Margin | 7.94% | -2.67% |
| FCF Margin | 13.0% | 0.02% |
Returns
| Measure | Inspire Medical Systems | Industry median |
|---|---|---|
| Return on Equity (ROE) | 18.0% | -18.2% |
| Return on Assets (ROA) | 15.6% | -13.3% |
| Return on Invested Capital (ROIC) | 12.3% | -3.69% |
| Return on Capital Employed (ROCE) | 6.33% | -9.07% |
Growth
| Measure | Inspire Medical Systems | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 4.35% | 8.85% |
| Net Income Growth (YoY) | 154.2% | 10.5% |
| EPS Growth (YoY) | 165.5% | 10.6% |
| FCF Growth (YoY) | 37.7% | 9.68% |
| Revenue Growth (3Y CAGR) | 30.8% | 7.08% |
| Revenue Growth (5Y CAGR) | 51.2% | 11.8% |
Balance sheet
| Measure | Inspire Medical Systems | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $320.68M | $36.66M |
| Net Cash (Debt) | $320.68M | $3.92M |
| Net Cash Per Share | $11.09 | $0.28 |
| Equity (Book Value) | $825.58M | $55.33M |
| Book Value Per Share | $28.56 | $2.87 |
| Tangible Book Value | $825.58M | $10.79M |
| Working Capital | $537.49M | $56.72M |
Financial position
| Measure | Inspire Medical Systems | Industry median |
|---|---|---|
| Current Ratio | 8.55 | 2.48 |
| Quick Ratio | 5.96 | 1.53 |
Cash flow (trailing twelve months)
| Measure | Inspire Medical Systems | Industry median |
|---|---|---|
| Operating Cash Flow | $157.07M | -$566.22K |
| Capital Expenditures | -$39.98M | -$3.69M |
| Free Cash Flow | $117.09M | -$696.00K |
| FCF Per Share | $4.05 | -$0.02 |
Efficiency
| Measure | Inspire Medical Systems | Industry median |
|---|---|---|
| Asset Turnover | 1.04 | 0.58 |
| Inventory Turnover | 0.85 | 2.21 |
| Revenue Per Employee | $674.23K | $322.92K |
| Profits Per Employee | $101.31K | -$51.88K |
| Employee Count | 1,333 | 185 |
Dividends and yields
| Measure | Inspire Medical Systems | Industry median |
|---|---|---|
| Earnings Yield | 6.66% | -6.88% |
| FCF Yield | 5.77% | -0.45% |
| Buyback Yield | 4.93% | 0.78% |
| Shareholder Yield | 4.93% | 0.80% |
Shares
| Measure | Inspire Medical Systems | Industry median |
|---|---|---|
| Shares Outstanding | 28,910,400 | 44,302,700 |
| Shares Change (YoY) | -3.70% | 3.36% |
| Shares Change (QoQ) | 0.37% | 0.27% |
| Float | 28,443,400 | 37,462,700 |
| Shares Held by Insiders | 1.62% | 10.5% |
| Shares Held by Institutions | 131.9% | 63.5% |
Taxes
| Measure | Inspire Medical Systems | Industry median |
|---|---|---|
| Income Tax | -$65.66M | $1.52M |
| Effective Tax Rate | -94.6% | 18.5% |
Scores
| Measure | Inspire Medical Systems | Industry median |
|---|---|---|
| Graham Number | $54.48 | $35.97 |
| Graham Upside | -22.3% | -57.0% |
| Altman Z-Score | 13.74 | 1.95 |
| Piotroski F-Score | 6 | 5 |
| Beneish M-Score | -1.76 | -2.64 |
Calculated by StockData from Inspire Medical Systems's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.