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Inspire Medical Systems, Inc. income statement

In fiscal 2025, Inspire Medical Systems, Inc. reported revenue of $912m, up 13.6% on the year before, operating income of $51.0m (a 5.6% margin) and net income of $145m, or $4.89 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Inspire Medical Systems, Inc.: income statement, annual
Fiscal year2016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue16295182115233408625803912881
Cost of revenue46101418336697123133122
Gross profit1323416898200342528680779759
Research and development7671326376911711410398
Selling, general and administrative23325490128203321452530625646
Operating income−17−16−20−35−56−40−48−40365116
Interest expense1232222000—
Income before tax−19−18−22−33−57−42−44−20586631
Income tax000000115−80−70
Net income−19−18−22−33−57−42−45−2154145101
Diluted EPS−$16.90−$14.88−$1.50−$1.40−$2.19−$1.54−$1.60−$0.72$1.75$4.89$3.47
Diluted shares (average)1m1m15m24m26m27m28m29m31m30m29m
EBITDA−17−16−20−34−55−39−46−37436534

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Inspire Medical Systems, Inc.'s SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Inspire Medical Systems, Inc.