InMode (INMD) Financial Statements & Analysis

InMode (INMD) Income Statement

InMode reported revenue of $370.50M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 6.2% from $394.82M a year earlier. Net income was $93.83M, down 48.2% year over year, a net margin of 25.3%. Gross margin was 78.5% and operating margin 23.0%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $95.59M, flat from the same quarter a year earlier.

InMode Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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InMode Ltd. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	370.50	394.82	492.05	454.27	357.57	206.11	156.36	100.16	53.46
Cost of Revenue	79.53	77.75	80.71	73.49	53.59	30.85	20.24	15.06	9.05
Gross Profit	290.97	317.07	411.34	380.79	303.97	175.26	136.12	85.11	44.40
Operating Expenses
Research & Development	13.32	13.14	13.41	12.43	9.53	9.47	5.70	4.18	2.58
Selling, General & Administrative	192.26	191.40	202.27	170.51	127.76	92.95	70.81	49.44	32.88
Operating Expenses	205.58	204.54	215.68	182.93	136.50	102.42	76.51	53.62	35.45
Operating Income	85.39	112.53	195.66	197.85	167.48	72.84	59.62	23.49	8.95
Other Income/Expense
Interest Income	24.94	33.54	21.61	3.61	0.53	3.29	2.42	0.14	0.85
Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Income/Expense	24.94	30.94	21.61	3.61	0.53	3.29	2.42	-7.86	0.85
Income
Income Before Tax	110.33	143.47	217.27	201.47	168.00	76.13	62.04	23.63	9.80
Income Tax Expense	16.50	-37.81	19.35	39.95	2.93	1.11	0.88	1.26	0.98
Net Income	93.83	181.28	197.92	161.52	164.97	75.03	61.15	22.37	8.82
Net Income - Continuous Operations	93.83	181.28	197.92	161.52	164.97	75.03	61.15	22.37	8.82
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	86.08	113.26	196.28	198.53	168.52	73.26	59.92	31.67	9.15
EBIT	85.39	112.53	195.66	197.85	167.48	-	-	-	-
Depreciation & Amortization	0.70	0.73	0.62	0.68	0.52	0.42	0.30	0.18	0.20
Earnings Per Share
Basic EPS	1.00	2.00	2.00	2.00	2.00	1.00	1.00	-	-
Diluted EPS	1.00	2.00	2.00	2.00	2.00	1.00	1.00	-	-
Basic Shares Outstanding	64.63	79.31	83.53	82.48	81.44	72.11	58.46	63.95	63.95
Diluted Shares Outstanding	65.45	80.60	85.95	85.40	86.02	84.18	76.12	63.95	63.95

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About InMode Financial Statements

What was InMode's revenue in fiscal 2025?

InMode reported revenue of $370.50M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 6.2% from $394.82M a year earlier.

Is InMode profitable?

Yes. InMode earned net income of $93.83M in fiscal 2025, a net margin of 25.3%. In fiscal 2024 it earned $181.28M.

What is InMode's operating margin?

InMode's operating income was $85.39M on revenue of $370.50M in fiscal 2025, an operating margin of 23.0%, compared with 28.5% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition