Inspire Historical Income Statement

INSP Stock  USD 164.92  2.17  1.33%   
Historical analysis of Inspire Medical income statement accounts such as Interest Expense of 20.9 K or Selling General Administrative of 556.1 M can show how well Inspire Medical Systems performed in making a profits. Evaluating Inspire Medical income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Inspire Medical's future profits or losses.
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Inspire Medical Systems latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Inspire Medical Systems is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inspire Medical Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

About Inspire Income Statement Analysis

Inspire Medical Systems Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Inspire Medical shareholders. The income statement also shows Inspire investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Inspire Medical Income Statement Chart

At this time, Inspire Medical's Operating Income is relatively stable compared to the past year. As of 03/21/2025, Net Income From Continuing Ops is likely to grow to about 56.2 M, while Interest Expense is likely to drop slightly above 20.9 K.

Total Revenue

Total revenue comprises all receipts Inspire Medical Systems generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Inspire Medical Systems minus its cost of goods sold. It is profit before Inspire Medical operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Inspire Medical income statement and is an important metric when analyzing Inspire Medical Systems profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most accounts from Inspire Medical's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Inspire Medical Systems current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inspire Medical Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Inspire Medical's Operating Income is relatively stable compared to the past year. As of 03/21/2025, Net Income From Continuing Ops is likely to grow to about 56.2 M, while Interest Expense is likely to drop slightly above 20.9 K.
 2022 2023 2024 2025 (projected)
Depreciation And Amortization2.9M2.8M6.6M6.9M
Interest Income5.1M18.1M23.2M24.4M

Inspire Medical income statement Correlations

0.87-0.820.960.930.950.950.940.660.760.730.940.750.950.930.820.990.810.771.00.950.87
0.87-0.60.910.870.910.910.90.530.640.630.860.660.90.90.680.830.660.590.880.920.81
-0.82-0.6-0.74-0.77-0.75-0.75-0.73-0.57-0.64-0.6-0.77-0.61-0.75-0.73-0.7-0.85-0.69-0.64-0.83-0.74-0.7
0.960.91-0.740.991.01.01.00.520.640.610.990.631.00.990.690.940.680.650.960.950.82
0.930.87-0.770.990.990.990.990.50.620.590.990.610.990.990.680.930.660.630.940.930.82
0.950.91-0.751.00.991.01.00.530.640.620.990.641.01.00.70.940.680.660.960.950.83
0.950.91-0.751.00.991.01.00.530.640.620.990.641.01.00.70.940.680.660.960.950.83
0.940.9-0.731.00.991.01.00.460.580.560.990.581.01.00.640.930.630.60.940.930.82
0.660.53-0.570.520.50.530.530.460.990.990.430.980.530.450.970.630.980.960.650.730.5
0.760.64-0.640.640.620.640.640.580.991.00.551.00.640.570.990.731.00.980.750.820.6
0.730.63-0.60.610.590.620.620.560.991.00.521.00.620.550.990.70.990.980.720.810.57
0.940.86-0.770.990.990.990.990.990.430.550.520.550.990.990.620.940.610.580.950.90.82
0.750.66-0.610.630.610.640.640.580.981.01.00.550.640.570.980.710.980.970.730.830.59
0.950.9-0.751.00.991.01.01.00.530.640.620.990.641.00.70.940.680.660.960.950.84
0.930.9-0.730.990.991.01.01.00.450.570.550.990.571.00.630.920.620.590.940.930.82
0.820.68-0.70.690.680.70.70.640.970.990.990.620.980.70.630.81.00.980.810.850.65
0.990.83-0.850.940.930.940.940.930.630.730.70.940.710.940.920.80.790.751.00.920.86
0.810.66-0.690.680.660.680.680.630.981.00.990.610.980.680.621.00.790.980.80.840.64
0.770.59-0.640.650.630.660.660.60.960.980.980.580.970.660.590.980.750.980.760.820.61
1.00.88-0.830.960.940.960.960.940.650.750.720.950.730.960.940.811.00.80.760.950.87
0.950.92-0.740.950.930.950.950.930.730.820.810.90.830.950.930.850.920.840.820.950.79
0.870.81-0.70.820.820.830.830.820.50.60.570.820.590.840.820.650.860.640.610.870.79
Click cells to compare fundamentals

Inspire Medical Account Relationship Matchups

Inspire Medical income statement Accounts

202020212022202320242025 (projected)
Interest Income1.1M125K5.1M18.1M23.2M24.4M
Depreciation And Amortization1.8M2.0M2.9M2.8M6.6M6.9M
Interest Expense2.1M2.1M1.7M0.022K20.9K
Selling General Administrative101.5M154.8M246.4M422.7M529.6M556.1M
Selling And Marketing Expenses26.4M47.8M74.3M100.3M115.3M121.1M
Total Revenue115.4M233.4M407.9M624.8M802.8M842.9M
Gross Profit97.8M200.1M341.7M528.2M679.8M713.8M
Other Operating Expenses171.6M273.2M455.4M665.1M766.7M805.1M
Operating Income(56.2M)(39.9M)(47.6M)(40.3M)36.1M37.9M
Net Income From Continuing Ops(57.2M)(42.0M)(44.9M)(32.8M)53.5M56.2M
Ebit(55.0M)(40.6M)(42.6M)(40.3M)58.5M61.4M
Research Development26.1M37.4M68.6M116.5M114.1M119.8M
Ebitda(53.2M)(38.6M)(39.7M)(40.3M)65.0M68.3M
Cost Of Revenue17.6M33.3M66.1M96.6M123.0M129.1M
Total Operating Expenses154.0M240.0M389.3M568.5M643.7M675.9M
Income Before Tax(57.1M)(42.0M)(44.3M)(19.9M)58.5M61.4M
Total Other Income Expense Net(880K)(2.1M)3.3M20.4M22.4M23.5M
Net Income Applicable To Common Shares(33.2M)(57.2M)(42.0M)(44.9M)(40.4M)(42.4M)
Net Income(57.2M)(42.0M)(44.9M)(21.2M)53.5M56.2M
Income Tax Expense115K72K613K1.2M4.9M5.2M
Tax Provision115K72K613K895K4.9M5.2M
Net Interest Income(1.0M)(2.0M)3.4M18.1M23.2M24.4M
Reconciled Depreciation840K1.2M1.9M2.6M6.6M6.9M
Non Operating Income Net Other3.8M1.2M(76K)4.9M5.6M5.9M

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 together with Inspire Stock

  0.62GKOS Glaukos CorpPairCorr

Moving against Inspire Stock

  0.49LUCD Lucid Diagnostics Buyout TrendPairCorr
  0.36FNA Paragon 28PairCorr
  0.36LUNG Pulmonx CorpPairCorr
  0.34INMD InModePairCorr
  0.31KIDS Orthopediatrics CorpPairCorr
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.