Inspire Medical Systems (INSP) Stock Price

Inspire Medical Systems Price

🇺🇸NYSE·CLOSED
42.66USD
Market closed
Today +/-
Today %

Inspire Medical Systems (INSP) Stock | ISIN US4577301090 | WKN A2JLEP. The current Inspire Medical Systems stock price is 42.66 USD (2026). Revenue is 991.28 M USD. Net income is 51.23 M USD. The P/E ratio is 24.78. Market capitalization is 1.24 B USD. Inspire Medical Systems operates in the Health sector.

Inspire Medical Systems stock price

Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Inspire Medical Systems over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Inspire Medical Systems stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Inspire Medical Systems's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Inspire Medical Systems Stock Price History
DateInspire Medical Systems Price
Access this data via the Eulerpool API

Inspire Medical Systems Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2015
8 M USD
-19.8 M USD
-21.3 M USD
Jan 1, 2016
16.4 M USD
-17.3 M USD
-18.5 M USD
Jan 1, 2017
28.6 M USD
-16 M USD
-17.5 M USD
Jan 1, 2018
50.6 M USD
-20.4 M USD
-21.8 M USD
Jan 1, 2019
82.1 M USD
-34.9 M USD
-33.2 M USD
Jan 1, 2020
115.4 M USD
-56.2 M USD
-57.2 M USD
Jan 1, 2021
233.4 M USD
-39.9 M USD
-42 M USD
Jan 1, 2022
407.9 M USD
-47.6 M USD
-44.9 M USD
Jan 1, 2023
624.8 M USD
-40.27 M USD
-21.15 M USD
Jan 1, 2024
802.8 M USD
36.08 M USD
53.51 M USD
Jan 1, 2025
911.98 M USD
50.95 M USD
145.42 M USD
Invalid Date
991.28 M USD
52.81 M USD
51.23 M USD
Invalid Date
1.08 B USD
84.88 M USD
74.57 M USD
Invalid Date
1.21 B USD
121.71 M USD
101.85 M USD
Invalid Date
1.37 B USD
149.46 M USD
117.87 M USD

Inspire Medical Systems Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 10, 2026, 10:40 PM
 
REVENUE (M USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
SHARES (M)
DOCUMENTS
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Inspire Medical Systems generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Inspire Medical Systems retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Inspire Medical Systems's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Inspire Medical Systems has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Inspire Medical Systems's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Inspire Medical Systems stock margins

The Inspire Medical Systems margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Inspire Medical Systems. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Inspire Medical Systems.
  • 3 Years

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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2015
65 %
-247.5 %
-266.25 %
Jan 1, 2016
76.22 %
-105.49 %
-112.8 %
Jan 1, 2017
78.67 %
-55.94 %
-61.19 %
Jan 1, 2018
80.04 %
-40.32 %
-43.08 %
Jan 1, 2019
83.31 %
-42.51 %
-40.44 %
Jan 1, 2020
84.75 %
-48.7 %
-49.57 %
Jan 1, 2021
85.73 %
-17.1 %
-17.99 %
Jan 1, 2022
83.77 %
-11.67 %
-11.01 %
Jan 1, 2023
84.54 %
-6.45 %
-3.39 %
Jan 1, 2024
84.68 %
4.49 %
6.67 %
Jan 1, 2025
85.39 %
5.59 %
15.95 %
Invalid Date
85.39 %
5.33 %
5.17 %
Invalid Date
85.39 %
7.85 %
6.9 %
Invalid Date
85.39 %
10.08 %
8.44 %

Inspire Medical Systems Stock Revenue, EBIT, Earnings per Share

The Inspire Medical Systems earnings per share therefore indicates how much revenue Inspire Medical Systems has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

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  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2015
0.4 USD
-0.98 USD
-1.05 USD
Jan 1, 2016
0.81 USD
-0.86 USD
-0.92 USD
Jan 1, 2017
1.42 USD
-0.79 USD
-0.87 USD
Jan 1, 2018
2.16 USD
-0.87 USD
-0.93 USD
Jan 1, 2019
3.45 USD
-1.47 USD
-1.39 USD
Jan 1, 2020
4.42 USD
-2.15 USD
-2.19 USD
Jan 1, 2021
8.55 USD
-1.46 USD
-1.54 USD
Jan 1, 2022
14.52 USD
-1.69 USD
-1.6 USD
Jan 1, 2023
21.32 USD
-1.37 USD
-0.72 USD
Jan 1, 2024
26.28 USD
1.18 USD
1.75 USD
Jan 1, 2025
30.65 USD
1.71 USD
4.89 USD
Invalid Date
34.11 USD
1.77 USD
1.76 USD
Invalid Date
37.2 USD
2.85 USD
2.57 USD
Invalid Date
41.53 USD
4.09 USD
3.5 USD

Inspire Medical Systems business model & stock analysis

Inspire Medical Systems Inc. is an American medical technology company that was founded in 2007 in Maple Grove, Minnesota. It focuses primarily on the development and production of implantable medical devices used in the treatment of sleep apnea. The company's business model is based on manufacturing and selling implantable devices, which are used by specially trained doctors. Inspire offers a comprehensive training program to educate doctors on the use of their devices and ensure optimal patient treatment. The company has had an impressive success story since its founding, with significant investments in research and development and the attainment of several patents. In summary, Inspire Medical Systems Inc. is an innovative company dedicated to the development and production of implantable medical devices for the treatment of sleep apnea. Its wide range of products and services aim to support doctors and patients, and the company is on track to become a leading provider in the industry.

Inspire Medical Systems SWOT Analysis

Strengths

Inspire Medical Systems Inc possesses several strengths that contribute to its success and competitive advantage in the market:

  • Innovative and patented technology
  • Highly effective treatment for obstructive sleep apnea
  • Significant reduction in healthcare costs through long-term treatment benefits
  • Strong relationships with healthcare professionals and key opinion leaders
  • Robust sales and distribution network

Weaknesses

Despite its strengths, Inspire Medical Systems Inc faces certain weaknesses that it should address to maintain its market position:

  • Relatively high cost of treatment compared to alternative therapies
  • Dependency on reimbursement policies and insurance coverage
  • Limited market penetration in certain geographic regions
  • Requires a surgical procedure for permanent implantation
  • Need for ongoing patient compliance and follow-up

Opportunities

There are several opportunities that Inspire Medical Systems Inc can capitalize on to drive growth and expand its market presence:

  • Increasing prevalence of obstructive sleep apnea globally
  • Emerging markets with untapped potential for sleep apnea treatment
  • Technological advancements improving the efficacy and affordability of treatment
  • Partnerships with healthcare providers to enhance awareness and adoption
  • Expanding product portfolio to address related sleep disorders

Threats

Inspire Medical Systems Inc faces certain threats that may hinder its growth and competitive position:

  • Intense competition from alternative therapies and medical devices
  • Regulatory challenges and compliance requirements
  • Economic uncertainties impacting healthcare spending
  • Shifts in reimbursement policies and insurance coverage
  • Potential side effects or complications associated with the treatment

Inspire Medical Systems Segments

Inspire Medical Systems Revenue by Segment

  • Max

Operating Segment
Details
Date
Operating Segment
Jan 1, 2024
802.8 M USD
Jan 1, 2025
911.98 M USD

Inspire Medical Systems Revenue by Region

  • 3 Years

  • 5 Years

  • Max

United States
All other countries
Europe
Details
Date
United States
All other countries
Europe
Jan 1, 2018
44.38 M USD
0 USD
6.22 M USD
Jan 1, 2019
73.66 M USD
0 USD
8.39 M USD
Jan 1, 2020
106.11 M USD
0 USD
9.27 M USD
Jan 1, 2021
220.98 M USD
12.42 M USD
0 USD
Jan 1, 2022
394.83 M USD
13.02 M USD
0 USD
Jan 1, 2023
606.18 M USD
18.62 M USD
0 USD
Jan 1, 2024
771.04 M USD
31.76 M USD
0 USD
Jan 1, 2025
872.09 M USD
39.9 M USD
0 USD

Inspire Medical Systems Eulerpool Fair Value

Inspire Medical Systems historical P/E ratio, EBIT multiple, and P/S ratio

Inspire Medical Systems annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Inspire Medical Systems shares outstanding

The number of shares was Inspire Medical Systems in 2025 — This indicates how many shares 29.757 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2015
20.2 M base_Shares
Jan 1, 2016
20.2 M base_Shares
Jan 1, 2017
20.2 M base_Shares
Jan 1, 2018
23.4 M base_Shares
Jan 1, 2019
23.8 M base_Shares
Jan 1, 2020
26.1 M base_Shares
Jan 1, 2021
27.3 M base_Shares
Jan 1, 2022
28.1 M base_Shares
Jan 1, 2023
29.3 M base_Shares
Jan 1, 2024
30.54 M base_Shares
Jan 1, 2025
29.76 M base_Shares
Invalid Date
29.76 M base_Shares
Invalid Date
29.76 M base_Shares
Invalid Date
29.76 M base_Shares
Price targets and forecasts for Inspire Medical Systems are not yet available.

Inspire Medical Systems Earnings Estimates

Inspire Medical Systems Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
5/4/2026-0.25USD206.5 MUSD2026 Q1
2/11/20260.89USD270.6 MUSD2025 Q4
4/30/2024-0.51USD169.49 MUSD2024 Q1
2/5/2024-0.22USD181.5 MUSD2023 Q4
7/31/2023-0.74USD123.23 MUSD2023 Q2
5/1/2023-1.01USD102.82 MUSD2023 Q1
2/6/2023-0.69USD118.59 MUSD2022 Q4
11/1/2022-0.78USD95.73 MUSD2022 Q3
8/2/2022-0.63USD79.45 MUSD2022 Q2
5/3/2022-0.81USD65.13 MUSD2022 Q1

EESG©

Eulerpool ESG Scorecard© for the Inspire Medical Systems stock

54/100
38
Environment
78
Social
46
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees49
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Inspire Medical Systems shareholder structure

% Name
12.0111%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
11.0008%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
8.1019%
Dragoneer Investment Group, LLC
Dragoneer Investment Group, LLC
6.53776%
Fidelity Management & Research Company LLC
Fidelity Management & Research Company LLC
5.89485%
Citadel Advisors LLC
Citadel Advisors LLC
5.62421%
Wasatch Global Investors Inc
Wasatch Global Investors Inc
3.73142%
Baillie Gifford & Co.
Baillie Gifford & Co.
3.54749%
State Street Investment Management (US)
State Street Investment Management (US)
2.64683%
William Blair Investment Management, LLC
William Blair Investment Management, LLC
2.38542%
Frontier Capital Management Company, LLC
Frontier Capital Management Company, LLC
...

Inspire Medical Systems Executives and Management Board

TH

Mr. Timothy Herbert

(62)

Chairman of the Board, President, Chief Executive Officer · since 2007

Compensation8.11 M USD
CW

Mr. Carlton Weatherby

(40)

Chief Strategy and Growth Officer

Compensation2.9 M USD
RB

Mr. Randall Ban

(60)

Executive Vice President - Patient Access and Therapy Development · since 2025

Compensation2.85 M USD
BP

Mr. Bryan Phillips

(53)

Senior Vice President, Chief Compliance Officer, General Counsel, Corporate Secretary

Compensation2.83 M USD
RB

Mr. Richard Buchholz

(57)

Chief Financial Officer

Compensation2.82 M USD

Frequently asked questions about Inspire Medical Systems

The business model of Inspire Medical Systems Inc revolves around providing innovative solutions for obstructive sleep apnea (OSA) treatment. The company specializes in the development and commercialization of advanced medical devices, particularly the Inspire therapy system. This implantable device delivers mild electrical stimulation to the hypoglossal nerve, keeping the airway open during sleep and effectively reducing OSA symptoms. Through its unique business model, Inspire Medical Systems aims to improve the quality of life for individuals with sleep apnea by offering a breakthrough treatment option that can significantly alleviate symptoms and enhance overall sleep health.

All fundamentals and in-depth analysis of Inspire Medical Systems

Our stock analysis for Inspire Medical Systems Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Inspire Medical Systems Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.