State Ledger
Company profile

Inspire Medical Systems, Inc. CIK 1609550

Ticker
INSP (NYSE)
Industry
Surgical & Medical Instruments & Apparatus
Headquarters
Golden Valley, MN 55416
Fiscal year end
2025 (FY)
Market Data
Close
$71.49
Change
+$2.51
Change %
3.64%
Volume
45,467

INSP · trading date Oct 12, 2026 · previous close $68.98 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$911.98M
Net income
$145.42M
Total assets
$907.32M
Total liabilities
$126.16M
Stockholders' equity
$781.16M
Cash & equivalents
$104.81M
Operating income
$50.95M
Operating cash flow
$116.98M
Capital expenditures
$38.50M

Fiscal year 2025, via 10-K filed 2026-02-13. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
5.6%
Net margin
15.9%
Free cash flow
$78.48M
Free cash flow margin
8.6%
Liabilities / assets
13.9%
Equity / assets
86.1%
CapEx / revenue
4.2%
Operating cash flow / net income
0.80×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $911.98M $145.42M $907.32M $126.16M $781.16M
2024 $802.80M $53.51M $808.38M $118.69M $689.70M
2023 $624.80M -$21.15M $676.81M $104.30M $572.51M
2022 $407.86M -$44.88M $564.88M $68.87M $496.01M
2021 $233.39M -$42.04M $295.08M $66.04M $229.05M
Company Details
SIC code
3841
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 4
2026-09-02
Financials filed via
Form 10-K
filed 2026-02-13

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Golden Valley, MN 55416
5500 WAYZATA BLVD
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:36 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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