Inspire Medical Systems, Inc. cash flow statement
In fiscal 2025, Inspire Medical Systems, Inc.'s operations generated $117m of cash; it spent $38.5m on capital projects, leaving free cash flow of $78.5m. It returned $175m through buybacks.
Cash flow statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −18 | −16 | −19 | −33 | −53 | −20 | 12 | 25 | 130 | 117 | 135 |
| Depreciation and amortisation | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 3 | 7 | 14 | 19 |
| Stock-based pay | 0 | 0 | 1 | 6 | 13 | 26 | 52 | 82 | 116 | 130 | 117 |
| Capital spending | 0 | 0 | 0 | 3 | 2 | 5 | 9 | 24 | 39 | 38 | 37 |
| Free cash flow | −18 | −16 | −19 | −36 | −56 | −25 | 2 | 1 | 91 | 78 | 98 |
| Free cash flow after stock pay | −19 | −16 | −20 | −42 | −68 | −51 | −49 | −81 | −25 | −52 | −19 |
| Share buybacks | — | — | — | — | — | — | 0 | 0 | 0 | 175 | 50 |
| Shares issued | 0 | 0 | 182 | 0 | 125 | 0 | 244 | 0 | 0 | — | — |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 69 | −7 | 3 | 69 | 52 | 13 | 23 | 46 |
| Depreciation and amortisation | 2 | 3 | 3 | 4 | 4 | 5 | 5 | 5 |
| Stock-based pay | 29 | 31 | 42 | 30 | 28 | 31 | 31 | 27 |
| Capital spending | 7 | 8 | 9 | 10 | 11 | 10 | 9 | 8 |
| Free cash flow | 62 | −15 | −6 | 58 | 42 | 3 | 14 | 39 |
| Free cash flow after stock pay | 33 | −46 | −48 | 29 | 14 | −28 | −17 | 12 |
Compare with peers
- Varex Imaging Corp cash flow
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