STOCK TITAN

Inspire Medical Systems, Inc. (INSP) Financials

INSP
Trailing 12 months to June 30, 2026
Revenue $898.7M +4.3% YoY
Net Income $135.0M +154.2% YoY
EPS (Diluted) $4.54 +162.4% YoY
Free Cash Flow $117.1M +37.7% YoY
Market Cap $2.0B as of Oct 10, 2026
Price / Sales 2.2x on $898.7M revenue, trailing 12 months to June 30, 2026
Price / Earnings 14.7x on $135.0M net income, trailing 12 months to June 30, 2026
Price / Book 2.4x on $825.6M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 3, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the INSP SEC filings page.

Inspire Medical Systems, Inc. (INSP) reported $898.7M in revenue over the twelve months to Jun 30, 2026, up 4.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI INSP FY2025

Revenue growth is now translating into operating profit, but FY2025 earnings were lifted beyond operations by a large tax benefit.

The main earnings-quality wrinkle is that FY2025 net income reached $145M while operating income was only $51M. That gap is largely explained by -$80M of reported income-tax expense, so the year's net result includes a substantial tax benefit rather than operating gains alone.

Revenue reached $912M in FY2025, up 14.0% from FY2024; gross margin remained about 85.0%, so expansion did not require a major shift in reported unit economics. Operating margin improved from 4.5% to 5.6% while selling costs rose faster than revenue, indicating incremental scale rather than simple cost cutting.

Operating cash flow was $117M versus free cash flow of $78M, so earnings converted to cash but reinvestment consumed a meaningful slice. The balance sheet remains lightly debt-funded at 0.2x debt-to-equity, yet the company repurchased $175M of stock—more than its free cash flow—so distributions exceeded internally generated cash.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 64 / 100
Financial Health Score 64/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Inspire Medical Systems, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
37

Inspire Medical Systems, Inc. has an operating margin of 5.6%, meaning the company retains $6 of operating profit per $100 of revenue. This results in a moderate score of 37/100, indicating healthy but not exceptional operating efficiency. This is up from 4.5% the prior year.

Growth
83

Inspire Medical Systems, Inc.'s revenue grew 13.6% year-over-year to $912.0M, a solid pace of expansion. This earns a growth score of 83/100.

Leverage
77

Inspire Medical Systems, Inc. carries a low D/E ratio of 0.16, meaning only $0.16 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 77/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
94

With a current ratio of 6.08, Inspire Medical Systems, Inc. holds $6.08 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 94/100.

Cash Flow
58

Inspire Medical Systems, Inc. has a free cash flow margin of 8.6%, earning a moderate score of 58/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
35

Inspire Medical Systems, Inc.'s ROE of 18.6% shows moderate profitability relative to equity, earning a score of 35/100. This is up from 7.8% the prior year.

Altman Z-Score Safe
11.08

Inspire Medical Systems, Inc. scores 11.08, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($2.0B) relative to total liabilities ($126.2M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
6/8

Inspire Medical Systems, Inc. passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed
0.80x

For every $1 of reported earnings, Inspire Medical Systems, Inc. generates $0.80 in operating cash flow ($117.0M OCF vs $145.4M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage Safe
371.93x

Inspire Medical Systems, Inc. earns $371.93 in operating income for every $1 of interest expense ($51.0M vs $137K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue
$200.6M
YoY-7.6%
QoQ-2.0%
5Y CAGR+30.5%

Inspire Medical Systems, Inc. generated $200.6M in revenue in Q2 2026. This represents a decrease of 7.6% from the same quarter a year earlier. Against the prior quarter it is down 2.0%.

EBITDA
$4.1M
YoY+4764.3%
QoQ+2.4%

Inspire Medical Systems, Inc.'s EBITDA was $4.1M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 4764.3% from the same quarter a year earlier. Against the prior quarter it is up 2.4%.

Net Income
$314K
YoY+108.7%
QoQ+102.8%

Inspire Medical Systems, Inc. reported $314K in net income in Q2 2026. This represents an increase of 108.7% from the same quarter a year earlier. Against the prior quarter it is up 102.8%.

EPS (Diluted)
$0.01
YoY+108.3%
QoQ+102.6%

Inspire Medical Systems, Inc. earned $0.01 per diluted share (EPS) in Q2 2026. This represents an increase of 108.3% from the same quarter a year earlier. Against the prior quarter it is up 102.6%.

Cash & Balance Sheet

Free Cash Flow
$14.1M
YoY+322.8%
QoQ+350.5%

Inspire Medical Systems, Inc. generated $14.1M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 322.8% from the same quarter a year earlier. Against the prior quarter it is up 350.5%.

Cash & Debt
$127.8M
YoY+19.5%
QoQ+29.1%
5Y CAGR-6.3%

Inspire Medical Systems, Inc. held $127.8M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding
29M
YoY-2.2%
QoQ+0.3%
5Y CAGR+1.2%

Inspire Medical Systems, Inc. had 29M shares outstanding in Q2 2026. This represents a decrease of 2.2% from the same quarter a year earlier. Against the prior quarter it is up 0.3%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin
85.5%
YoY+1.4pp
QoQ-1.0pp
5Y change-0.3pp

Inspire Medical Systems, Inc.'s gross margin was 85.5% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 1.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.0 percentage points.

Operating Margin
-0.3%
YoY+1.3pp
QoQ+0.3pp
5Y change+23.4pp

Inspire Medical Systems, Inc.'s operating margin was -0.3% in Q2 2026, reflecting core business profitability. This is up 1.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.3 percentage points.

Net Margin
0.2%
YoY+1.8pp
QoQ+5.7pp
5Y change+24.9pp

Inspire Medical Systems, Inc.'s net profit margin was 0.2% in Q2 2026, showing the share of revenue converted to profit. This is up 1.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.7 percentage points.

Return on Equity
0.0%
YoY+0.6pp
QoQ+1.5pp
5Y change+6.0pp

Inspire Medical Systems, Inc.'s ROE was 0.0% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.5 percentage points.

Capital Allocation

R&D Spending
$24.7M
YoY-5.8%
QoQ-4.4%
5Y CAGR+21.6%

Inspire Medical Systems, Inc. invested $24.7M in research and development in Q2 2026. This represents a decrease of 5.8% from the same quarter a year earlier. Against the prior quarter it is down 4.4%.

Share Buybacks
$0

Inspire Medical Systems, Inc. repurchased no shares in Q2 2026.

Capital Expenditures
$9.2M
YoY+1.8%
QoQ-5.8%
5Y CAGR+40.7%

Inspire Medical Systems, Inc. invested $9.2M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 1.8% from the same quarter a year earlier. Against the prior quarter it is down 5.8%.

INSP Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

INSP quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$200.6M-7.6%$204.6M+1.6%$269.1M+12.2%$224.5M+10.5%$217.1M+10.8%$201.3M+22.7%$239.7M+24.5%$203.2M+32.5%
Cost of Revenue$29.1M-16.0%$27.7M-9.9%$36.1M+0.2%$31.8M-1.9%$34.7M+16.2%$30.7M+24.0%$36.0M+28.3%$32.4M+32.9%
Gross Profit$171.5M-6.0%$176.9M+3.7%$233.0M+14.4%$192.7M+12.8%$182.4M+9.9%$170.6M+22.5%$203.7M+23.9%$170.8M+32.5%
R&D Expenses$24.7M-5.8%$25.8M-7.1%$24.9M-17.8%$24.2M-7.2%$26.2M-9.2%$27.8M-3.6%$30.3M-2.3%$26.1M-10.5%
SG&A Expenses$147.3M-7.7%$152.2M+5.5%$162.0M+14.4%$158.9M+21.8%$159.5M+20.8%$144.3M+14.9%$141.5M+14.0%$130.4M+15.1%
Operating Income-$514K+84.5%-$1.1M+24.7%$46.1M+44.6%$9.6M-32.6%-$3.3M-165.0%-$1.5M+90.2%$31.9M+242.9%$14.3M+206.3%
EBITDA$4.1M+4764.3%$4.0M+156.1%$49.9M+45.6%$13.3M-17.7%$84K-98.7%$1.6M+110.8%$34.3M+241.2%$16.2M+228.0%
Interest ExpenseN/AN/AN/A$11K$4KN/AN/A$0
Income Tax$2.8M+122.3%$13.7M+1073.2%-$85.8M-6174.4%$3.6M+97.9%$1.3M+19.7%$1.2M+79.5%$1.4M+196.0%$1.8M+437.9%
Net Income$314K+108.7%-$11.3M-477.5%$136.1M+286.4%$9.9M-46.3%-$3.6M-136.7%$3.0M+129.9%$35.2M+138.6%$18.5M+316.6%
EPS (Basic)$0.01+108.3%-$0.39-490.0%$4.63+289.1%$0.34-45.2%-$0.12-136.4%$0.10+129.4%$1.19+133.3%$0.62+313.8%
EPS (Diluted)$0.01+108.3%-$0.39-490.0%$4.58+298.3%$0.34-43.3%-$0.12-137.5%$0.10+129.4%$1.15+125.5%$0.60+306.9%
Diluted Shares (Avg)29M-1.9%29M-5.3%N/A30M-3.4%30M-3.0%30M+2.4%N/A31M+4.3%

INSP Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

INSP quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$926.0M+15.4%$911.4M+24.7%$907.3M+12.2%$807.7M+1.4%$802.2M+10.1%$730.8M+6.6%$808.4M+19.4%$796.2M+24.5%
Current Assets$608.7M+6.2%$566.8M-0.9%$583.7M-7.5%$586.5M+0.7%$573.2M-5.6%$571.7M-0.1%$630.8M+6.2%$582.5M+2.3%
Cash & Equivalents$127.8M+19.5%$98.9M+83.6%$104.8M-30.2%$112.8M-23.5%$106.9M-43.1%$53.9M-69.3%$150.2M-19.1%$147.5M-55.3%
Short-Term Investments$192.9M-0.5%$184.9M-41.4%$203.5M-31.1%$209.7M-20.4%$194.0M-22.9%$315.3M+18.6%$295.4M+7.5%$263.5M+96.2%
Inventory$170.5M+40.1%$166.2M+66.7%$145.3M+81.3%$141.8M+110.3%$121.6M+106.1%$99.7M+103.6%$80.1M+136.4%$67.4M+158.2%
Accounts Receivable$103.3M-24.9%$105.1M+13.5%$119.7M+28.6%$108.0M+20.3%$137.7M+72.7%$92.6M+28.1%$93.1M+3.5%$89.7M+25.6%
Long-Term Investments$94.5M-14.0%$115.9M+158.5%$96.3M+35.7%$88.4M-22.1%$109.8M+316.9%$44.8M+61.2%$71.0M+676.5%$113.4M+3730.6%
Total Liabilities$100.4M-19.3%$119.0M+25.2%$126.2M+6.3%$141.3M+41.8%$124.4M+37.7%$95.1M-1.8%$118.7M+13.8%$99.6M+4.5%
Current Liabilities$71.2M-23.8%$89.4M+40.9%$96.1M+8.5%$110.8M+49.3%$93.4M+42.2%$63.5M-12.1%$88.5M+13.3%$74.3M+6.1%
Non-Current Liabilities$29.2M-5.8%$29.6M-6.3%$30.1M-0.3%$30.4M+19.9%$31.0M+25.8%$31.6M+28.2%$30.2M+15.3%$25.4M+0.2%
Total Equity$825.6M+21.8%$792.3M+24.6%$781.2M+13.3%$666.5M-4.3%$677.8M+6.2%$635.7M+7.9%$689.7M+20.5%$696.6M+28.0%
Retained Earnings-$157.5M+46.2%-$157.8M+45.4%-$146.5M+49.8%-$282.6M+13.6%-$292.5M+15.4%-$288.9M+18.7%-$291.9M+15.5%-$327.1M+9.2%

Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.

INSP Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

INSP quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow$23.2M+765.4%$12.8M+291.7%$52.5M-24.2%$68.5M+31.1%$2.7M+3541.0%-$6.7M-175.7%$69.2M+300.7%$52.3M+1337.1%
Depreciation & Amortization$4.6M+35.3%$5.1M+67.9%$3.8M+54.2%$3.7M+94.7%$3.4M+142.9%$3.0M+262.8%$2.5M+203.3%$1.9M+137.5%
Stock-Based Compensation$31.2M-25.2%$30.7M-1.2%N/A$29.5M+4.6%$41.7M+29.1%$31.1M+18.0%N/A$28.2M
Capital Expenditures$9.2M+1.8%$9.7M+15.7%$10.7M+51.6%$10.4M+30.4%$9.0M-27.4%$8.4M-28.1%$7.0M-12.5%$8.0M+14.6%
Free Cash Flow$14.1M+322.8%$3.1M+120.7%$41.8M-32.7%$58.1M+31.2%-$6.3M+49.4%-$15.1M-432.8%$62.2M+573.1%$44.3M+1421.7%
Investing Cash Flow$3.5M-92.4%-$11.2M-624.3%-$11.9M-416.9%-$11.6M+88.7%$46.6M+728.5%-$1.6M+92.1%$3.8M+102.5%-$103.0M+28.6%
Financing Cash Flow$1.9M-48.3%-$7.5M+91.5%-$48.3M+31.1%-$51.1M-616.5%$3.7M-47.8%-$87.8M-11527.1%-$70.1M-593.4%$9.9M+182.6%
Share Buybacks$0$0-100.0%$50.0M$50.0M$0$75.0M$0$0

Not reported in any period shown, so not listed: Dividends Paid.

INSP Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

INSP quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Gross Margin85.5%+1.4pp86.5%+1.7pp86.6%+1.6pp85.9%+1.8pp84.0%-0.7pp84.8%-0.2pp85.0%-0.4pp84.1%0.0pp
Operating Margin-0.3%+1.3pp-0.5%+0.2pp17.1%+3.8pp4.3%-2.7pp-1.5%-4.1pp-0.7%+8.5pp13.3%+8.5pp7.0%+15.8pp
Net Margin0.2%+1.8pp-5.5%-7.0pp50.6%+35.9pp4.4%-4.7pp-1.7%-6.7pp1.5%+7.6pp14.7%+7.0pp9.1%+14.7pp
Return on Equity0.0%+0.6pp-1.4%-1.9pp17.4%+12.3pp1.5%-1.2pp-0.5%-2.1pp0.5%+2.2pp5.1%+2.5pp2.7%+4.2pp
Return on Assets0.0%+0.5pp-1.2%-1.7pp15.0%+10.6pp1.2%-1.1pp-0.4%-1.8pp0.4%+1.9pp4.4%+2.2pp2.3%+3.7pp
Current Ratio8.55+2.4x6.34-2.7x6.08-1.1x5.29-2.6x6.14-3.1x9.01+1.1x7.13-0.5x7.84-0.3x
Debt-to-Equity0.12-0.1x0.150.0x0.160.0x0.21+0.1x0.180.0x0.150.0x0.170.0x0.140.0x
Asset Turnover0.22-0.1x0.22-0.1x0.300.0x0.280.0x0.270.0x0.280.0x0.300.0x0.260.0x
FCF Margin7.0%+9.9pp1.5%+9.0pp15.5%-10.4pp25.9%+4.1pp-2.9%+3.5pp-7.5%-5.8pp25.9%+21.1pp21.8%+24.0pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Inspire Medical Systems, Inc. INSP FY2025 $912.0M $145.4M 16.0% $2.0B 64/100
Alphatec Holdings, Inc. ATEC FY2025 $764.2M -$143.4M -18.8% $1.6B 35/100
Haemonetics Corporation HAE FY2026 $1.3B $97K 0.0% $5.4B 58/100
PROCEPT BioRobotics Corporation PRCT FY2025 $308.1M -$96K 0.0% $1.1B 54/100
QuidelOrtho Corporation QDEL FY2025 $2.7B -$1.1B -41.4% $920.3M 23/100
LivaNova PLC LIVN FY2025 $1.4B -$242.5M -17.5% $4.2B 59/100

Frequently Asked Questions

What is Inspire Medical Systems, Inc.'s annual revenue?

Inspire Medical Systems, Inc. (INSP) reported $912.0M in total revenue for fiscal year 2025. This represents a 13.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Inspire Medical Systems, Inc.'s revenue growing?

Inspire Medical Systems, Inc. (INSP) revenue grew by 13.6% year-over-year, from $802.8M to $912.0M in fiscal year 2025.

Is Inspire Medical Systems, Inc. profitable?

Yes, Inspire Medical Systems, Inc. (INSP) reported a net income of $145.4M in fiscal year 2025, with a net profit margin of 16.0%.

Inspire Medical Systems, Inc. (INSP) reported diluted earnings per share of $4.89 for fiscal year 2025. This represents a 179.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Inspire Medical Systems, Inc. (INSP) had EBITDA of $64.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Inspire Medical Systems, Inc. (INSP) had a gross margin of 85.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Inspire Medical Systems, Inc. (INSP) had an operating margin of 5.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Inspire Medical Systems, Inc. (INSP) had a net profit margin of 16.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Inspire Medical Systems, Inc. (INSP) has a return on equity of 18.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Inspire Medical Systems, Inc. (INSP) generated $78.5M in free cash flow during fiscal year 2025. This represents a -13.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Inspire Medical Systems, Inc. (INSP) generated $117.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Inspire Medical Systems, Inc. (INSP) had $907.3M in total assets as of fiscal year 2025, including both current and long-term assets.

Inspire Medical Systems, Inc. (INSP) invested $38.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Inspire Medical Systems, Inc. (INSP) invested $103.2M in research and development during fiscal year 2025.

Yes, Inspire Medical Systems, Inc. (INSP) spent $175.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Inspire Medical Systems, Inc. (INSP) had 29M shares outstanding as of fiscal year 2025.

Inspire Medical Systems, Inc. (INSP) had a current ratio of 6.08 as of fiscal year 2025, which is generally considered healthy.

Inspire Medical Systems, Inc. (INSP) had a debt-to-equity ratio of 0.16 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Inspire Medical Systems, Inc. (INSP) had a return on assets of 16.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Inspire Medical Systems, Inc. (INSP) trades at 14.7x earnings, its market capitalization divided by net income of $135.0M net income, trailing 12 months to June 30, 2026. The market capitalization is $2.0B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Inspire Medical Systems, Inc. (INSP) trades at 2.2x sales, its market capitalization divided by revenue of $898.7M revenue, trailing 12 months to June 30, 2026. The market capitalization is $2.0B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Inspire Medical Systems, Inc. (INSP) has an Altman Z-Score of 11.08, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Inspire Medical Systems, Inc. (INSP) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Inspire Medical Systems, Inc. (INSP) has an earnings quality ratio of 0.80x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Inspire Medical Systems, Inc. (INSP) has an interest coverage ratio of 371.93x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Inspire Medical Systems, Inc. (INSP) scores 64 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

Back to top