Inspire Medical Systems (INSP) Income Statement: Revenue & Earnings

Inspire Medical Systems Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Inspire Medical Systems, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	802.80	624.80	407.86	233.39	115.38	82.05	50.59
Cost of Revenue	122.99	96.58	66.12	33.28	17.62	13.64	10.06
Gross Profit	679.82	528.22	341.74	200.12	97.76	68.41	40.54
Operating Expenses
Research & Development	114.13	116.54	68.65	37.35	26.09	12.84	7.39
Selling, General & Administrative	529.61	451.96	320.69	202.62	127.87	90.47	53.53
Operating Expenses	643.74	568.49	389.33	239.97	153.97	103.30	60.92
Operating Income	36.08	-40.27	-47.59	-39.85	-56.21	-34.90	-20.38
Other Income/Expense
Interest Income	23.25	20.56	5.05	0.13	1.09	0.00	1.87
Interest Expense	0.02	0.00	-1.68	-2.13	-2.12	0.00	3.30
Other Income/Expense	-0.86	-0.20	0.05	0.08	-0.07	-0.17	-0.02
Income
Income Before Tax	58.45	-19.91	-44.27	-41.97	-57.09	-33.20	-21.83
Income Tax Expense	4.94	1.25	0.61	0.07	0.12	0.04	0.00
Net Income	53.51	-21.15	-44.88	-42.04	-57.20	-33.24	-21.83
Net Income - Continuous Operations	53.51	-21.15	-44.88	-42.04	0.00	0.00	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	65.03	-17.06	-45.73	-38.62	-54.13	-31.30	-18.13
EBIT	58.48	-19.91	-47.59	-39.84	-54.97	-31.08	-18.52
Depreciation & Amortization	6.55	2.85	1.86	1.20	0.80	0.50	0.00
Earnings Per Share
Basic EPS	2.00	-1.00	-2.00	-2.00	-2.00	-1.00	-1.00
Diluted EPS	2.00	-1.00	-2.00	-2.00	-2.00	-1.00	-1.00
Basic Shares Outstanding	29.76	29.30	28.07	27.26	26.07	23.80	14.58
Diluted Shares Outstanding	29.76	29.30	28.07	27.26	26.07	23.80	14.58