Inspire Financial Statements From 2010 to 2024

INSP Stock  USD 199.32  10.59  5.61%   
Inspire Medical financial statements provide useful quarterly and yearly information to potential Inspire Medical Systems investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Inspire Medical financial statements helps investors assess Inspire Medical's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Inspire Medical's valuation are summarized below:
Gross Profit
341.7 M
Profit Margin
0.0437
Market Capitalization
5.7 B
Enterprise Value Revenue
6.9746
Revenue
755.6 M
There are currently one hundred twenty fundamental trends for Inspire Medical Systems that can be evaluated and compared over time across competitors. Investors and active traders are advised to confirm Inspire Medical's regular fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction. As of 11/25/2024, Market Cap is likely to grow to about 6.3 B. Also, Enterprise Value is likely to grow to about 6.1 B

Inspire Medical Total Revenue

656.04 Million

Check Inspire Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Inspire Medical's main balance sheet or income statement drivers, such as Interest Income of 19 M, Depreciation And Amortization of 1.7 M or Interest Expense of 0.0, as well as many indicators such as Price To Sales Ratio of 9.06, Dividend Yield of 0.0 or PTB Ratio of 9.89. Inspire financial statements analysis is a perfect complement when working with Inspire Medical Valuation or Volatility modules.
  
Check out the analysis of Inspire Medical Correlation against competitors.

Inspire Medical Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding22.9 M29.3 M18.2 M
Slightly volatile
Total Assets710.7 M676.8 M201.8 M
Slightly volatile
Short and Long Term Debt Total24.8 M24.8 M20 M
Slightly volatile
Other Current Liabilities41.2 M39.3 M12.7 M
Slightly volatile
Total Current Liabilities82 M78.1 M24.6 M
Slightly volatile
Other Liabilities112.8 K167.9 K83.6 K
Slightly volatile
Property Plant And Equipment Net65.8 M62.7 M12.8 M
Slightly volatile
Accounts Payable40.8 M38.8 M9.6 M
Slightly volatile
Cash160.6 M185.5 M91.2 M
Slightly volatile
Non Current Assets Total87.2 M83.1 M17.4 M
Slightly volatile
Non Currrent Assets Other11.8 M11.3 M2.1 M
Slightly volatile
Long Term Debt21.8 M18.2 M16.6 M
Slightly volatile
Cash And Short Term Investments236.7 M460.4 M133.2 M
Slightly volatile
Net Receivables94.4 M89.9 M22.9 M
Slightly volatile
Common Stock Total Equity22.6 K33.4 K13.7 K
Slightly volatile
Long Term Debt Total21.8 M18.2 M16.6 M
Slightly volatile
Liabilities And Stockholders Equity710.7 M676.8 M201.8 M
Slightly volatile
Non Current Liabilities Total23.1 M26.2 M17.7 M
Slightly volatile
Capital Surpluse990.6 M943.4 M294.4 M
Slightly volatile
Inventory35.6 M33.9 M9.5 M
Slightly volatile
Other Current Assets10.1 M9.6 M2.6 M
Slightly volatile
Other Stockholder Equity478.1 M917.1 M266.4 M
Slightly volatile
Total Liabilities56.6 M104.3 M39.1 M
Slightly volatile
Property Plant And Equipment Gross73.4 M69.9 M13.8 M
Slightly volatile
Short and Long Term Debt10.6 M10.6 M7.1 M
Slightly volatile
Preferred Stock Total Equity117.3 M137 M108.5 M
Slightly volatile
Total Current Assets623.4 M593.7 M184.4 M
Slightly volatile
Short Term Debt1.1 M1.2 M3.9 M
Very volatile
Common Stock23.9 K30 K13.6 K
Slightly volatile
Property Plant Equipment20.8 M19.8 M6.1 M
Slightly volatile
Net Invested Capital306.2 M572.5 M158.7 M
Slightly volatile
Net Working Capital286 M515.6 M148.3 M
Slightly volatile
Capital Stock29.3 K30 K24.9 K
Slightly volatile
Other Assets183.8 K193.5 K707.7 K
Pretty Stable
Non Current Liabilities Other1.3 M1.3 M1.1 M
Slightly volatile
Capital Lease Obligations12.9 M24.8 M7.9 M
Slightly volatile

Inspire Medical Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Income19 M18.1 M3.9 M
Slightly volatile
Depreciation And Amortization1.7 M2.8 M1.1 M
Slightly volatile
Selling General Administrative443.8 M422.7 M102.5 M
Slightly volatile
Selling And Marketing Expenses105.3 M100.3 M35.9 M
Slightly volatile
Total Revenue656 M624.8 M150.9 M
Slightly volatile
Gross Profit554.6 M528.2 M126.5 M
Slightly volatile
Other Operating Expenses698.3 M665.1 M179.8 M
Slightly volatile
Research Development122.4 M116.5 M29.8 M
Slightly volatile
Cost Of Revenue101.4 M96.6 M24.4 M
Slightly volatile
Total Operating Expenses596.9 M568.5 M155.4 M
Slightly volatile
Income Tax Expense758.5 K1.2 M1.1 M
Slightly volatile
Reconciled Depreciation2.7 M2.6 M827.3 K
Slightly volatile

Inspire Medical Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation86.6 M82.5 M18 M
Slightly volatile
Begin Period Cash Flow463.7 M441.6 M100.5 M
Slightly volatile
Other Cashflows From Financing Activities13.8 M13.9 M11.6 M
Pretty Stable
DepreciationM2.8 M783.1 K
Slightly volatile
Other Non Cash Items901.1 K1.3 M568.3 K
Slightly volatile
Capital Expenditures24.8 M23.6 M4.7 M
Slightly volatile
Total Cash From Financing Activities13.3 M13.9 M43.8 M
Slightly volatile
End Period Cash Flow144.2 M185.5 M92.3 M
Slightly volatile
Change To Netincome62.1 M59.1 M14.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio9.069.540626.8602
Slightly volatile
Days Sales Outstanding44.2352.509151.0202
Slightly volatile
Stock Based Compensation To Revenue0.140.1320.065
Slightly volatile
Capex To Depreciation8.728.30253.7706
Slightly volatile
EV To Sales8.829.283426.5724
Slightly volatile
Inventory Turnover2.142.85012.0306
Slightly volatile
Days Of Inventory On Hand185128228
Slightly volatile
Payables Turnover2.972.48662.968
Slightly volatile
Sales General And Administrative To Revenue0.560.56280.5659
Slightly volatile
Research And Ddevelopement To Revenue0.320.18650.4876
Slightly volatile
Capex To Revenue0.01920.03780.0301
Slightly volatile
Cash Per Share16.515.71135.9524
Slightly volatile
Days Payables Outstanding111147125
Slightly volatile
Current Ratio6.887.60185.7192
Slightly volatile
Receivables Turnover7.456.95127.2486
Slightly volatile
Graham Number12.017.814410.4853
Slightly volatile
Capex Per Share0.850.80640.1733
Slightly volatile
Revenue Per Share22.3921.32265.6958
Slightly volatile
Interest Debt Per Share1.160.84790.747
Slightly volatile
Debt To Assets0.03490.03670.6385
Slightly volatile
Operating Cycle246181280
Slightly volatile
Days Of Payables Outstanding111147125
Slightly volatile
Ebt Per Ebit0.470.49430.9747
Slightly volatile
Long Term Debt To Capitalization0.03950.04161.1001
Slightly volatile
Total Debt To Capitalization0.03950.04160.9075
Slightly volatile
Quick Ratio6.587.1685.3142
Slightly volatile
Net Income Per E B T0.821.06260.9942
Pretty Stable
Cash Ratio3.622.37553.0231
Slightly volatile
Days Of Inventory Outstanding185128228
Slightly volatile
Days Of Sales Outstanding44.2352.509151.0202
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.03950.04150.8538
Slightly volatile
Fixed Asset Turnover9.479.972720.4083
Pretty Stable
Debt Ratio0.03490.03670.6385
Slightly volatile
Price Sales Ratio9.069.540626.8602
Slightly volatile
Asset Turnover0.810.92320.9512
Slightly volatile
Gross Profit Margin0.640.84540.7407
Slightly volatile

Inspire Medical Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap6.3 BB2.4 B
Slightly volatile
Enterprise Value6.1 B5.8 B2.3 B
Slightly volatile

Inspire Fundamental Market Drivers

Forward Price Earnings102.0408
Cash And Short Term Investments460.4 M

Inspire Upcoming Events

6th of February 2024
Upcoming Quarterly Report
View
7th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
6th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Inspire Medical Financial Statements

Inspire Medical shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Inspire Medical investors may analyze each financial statement separately, they are all interrelated. The changes in Inspire Medical's assets and liabilities, for example, are also reflected in the revenues and expenses on on Inspire Medical's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-745.2 K-782.5 K
Total Revenue624.8 M656 M
Cost Of Revenue96.6 M101.4 M
Stock Based Compensation To Revenue 0.13  0.14 
Sales General And Administrative To Revenue 0.56  0.56 
Research And Ddevelopement To Revenue 0.19  0.32 
Capex To Revenue 0.04  0.02 
Revenue Per Share 21.32  22.39 
Ebit Per Revenue(0.06)(0.07)

Pair Trading with Inspire Medical

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Inspire Medical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Inspire Medical will appreciate offsetting losses from the drop in the long position's value.

Moving against Inspire Stock

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The ability to find closely correlated positions to Inspire Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inspire Medical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Inspire Medical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Inspire Medical Systems to buy it.
The correlation of Inspire Medical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Inspire Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inspire Medical Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Inspire Medical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Inspire Stock Analysis

When running Inspire Medical's price analysis, check to measure Inspire Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Inspire Medical is operating at the current time. Most of Inspire Medical's value examination focuses on studying past and present price action to predict the probability of Inspire Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inspire Medical's price. Additionally, you may evaluate how the addition of Inspire Medical to your portfolios can decrease your overall portfolio volatility.