Inogen vs Inmode
Inogen and Inmode are similar in size: $349m and $370m of revenue in their latest fiscal years. Inogen grew faster (3.9% against -6.2%). Inmode kept more of each dollar of sales as profit: a net margin of 25.3% against -6.5%.
| Latest fiscal year | InogenINGN, 2025 | InmodeINMD, 2025 |
|---|---|---|
| Revenue | $349m | $370m |
| Revenue growth | 3.9% | -6.2% |
| Net income | −$22.7m | $93.8m |
| Operating margin | -8.7% | — |
| Net margin | -6.5% | 25.3% |
| Return on equity | -12.4% | 13.5% |
| Free cash flow | −$13.7m | $84.3m |
| Cash | $104m | $303m |
| Total debt | $0 | $0 |
| Debt to equity | 0.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $127m |
| Employees | — | — |
| Market value | $186m | $893m |
| Price vs our value range | — | Below our value range |
| Moat score | 41 (Weak) | — |
| Insider trades, 12 months | 0 buys, 2 sales | 0 buys, 0 sales |