Inspire Medical Systems (INSP) Revenue & Revenue Breakdown
Inspire Medical Systems Revenue Highlights
Latest Revenue (Y)
$624.80M
Latest Revenue (Q)
$195.88M
Main Geography (Y)
UNITED STATES
Inspire Medical Systems Revenue by Period
Inspire Medical Systems Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $624.80M | 53.19% |
| 2022-12-31 | $407.86M | 74.75% |
| 2021-12-31 | $233.39M | 102.28% |
| 2020-12-31 | $115.38M | 40.62% |
| 2019-12-31 | $82.05M | 62.18% |
| 2018-12-31 | $50.59M | 77.10% |
| 2017-12-31 | $28.57M | 73.90% |
| 2016-12-31 | $16.43M | 105.03% |
| 2015-12-31 | $8.01M | - |
Inspire Medical Systems generated $624.80M in revenue during NA 2023, up 53.19% compared to the previous quarter, and up 1234.95% compared to the same period a year ago.
Inspire Medical Systems Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $195.88M | 19.43% |
| 2024-03-31 | $164.01M | -14.80% |
| 2023-12-31 | $192.51M | 25.57% |
| 2023-09-30 | $153.30M | 1.46% |
| 2023-06-30 | $151.09M | 18.14% |
| 2023-03-31 | $127.90M | -7.25% |
| 2022-12-31 | $137.90M | 26.30% |
| 2022-09-30 | $109.19M | 19.48% |
| 2022-06-30 | $91.39M | 31.71% |
| 2022-03-31 | $69.38M | -11.50% |
| 2021-12-31 | $78.40M | 27.09% |
| 2021-09-30 | $61.69M | 16.48% |
| 2021-06-30 | $52.96M | 31.24% |
| 2021-03-31 | $40.35M | -12.30% |
| 2020-12-31 | $46.01M | 28.37% |
| 2020-09-30 | $35.84M | 194.20% |
| 2020-06-30 | $12.18M | -42.93% |
| 2020-03-31 | $21.35M | -20.66% |
| 2019-12-31 | $26.91M | 28.97% |
| 2019-09-30 | $20.86M | 15.69% |
| 2019-06-30 | $18.03M | 10.97% |
| 2019-03-31 | $16.25M | -1.87% |
| 2018-12-31 | $16.56M | 26.85% |
| 2018-09-30 | $13.05M | 19.35% |
| 2018-06-30 | $10.94M | 8.92% |
| 2018-03-31 | $10.04M | 0.85% |
| 2017-12-31 | $9.96M | 36.94% |
| 2017-09-30 | $7.27M | 20.34% |
| 2017-06-30 | $6.04M | 14.06% |
| 2017-03-31 | $5.30M | - |
Inspire Medical Systems generated $195.88M in revenue during Q2 2024, up 19.43% compared to the previous quarter, and up 153.16% compared to the same period a year ago.
Inspire Medical Systems Revenue Breakdown
Inspire Medical Systems Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| UNITED STATES | $606.18M | $394.83M | $220.98M | $106.11M | $73.66M |
| All Other Countries | $18.62M | $13.02M | $12.42M | - | - |
| Europe | - | - | - | $9.27M | $8.39M |
Inspire Medical Systems's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (97.02%), and All Other Countries (2.98%).
Quarterly Revenue by Country
| Country | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-US | $8.24M | $5.79M | $6.34M | $3.41M | $2.91M | $3.51M | $2.96M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| UNITED STATES | $155.77M | $189.43M | $147.51M | $144.75M | $124.48M | $134.25M | $106.28M | $87.88M | $66.43M | $75.56M | $58.30M | $49.35M | $37.77M | $42.73M | $33.12M | $10.98M | $19.27M | $18.65M | $15.75M | $14.36M |
| Europe | - | - | - | - | - | - | - | - | - | - | $3.39M | $3.61M | $2.58M | $3.28M | $2.72M | $1.20M | $2.07M | $2.22M | $2.28M | $1.90M |
Inspire Medical Systems's latest quarterly revenue breakdown by geography, as of Mar 24: UNITED STATES (94.98%), and Non-US (5.02%).
Inspire Medical Systems Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| DXCM | DexCom | $3.62B | $1.00B |
| PODD | Insulet | $1.70B | $488.50M |
| GMED | Globus Medical | $1.57B | $629.69M |
| PEN | Penumbra | $1.06B | $299.40M |
| TNDM | Tandem Diabetes Care | $747.72M | $331.03M |
| SWAV | ShockWave Medical | $730.23M | $218.81M |
| INSP | Inspire Medical Systems | $624.80M | $195.88M |
| NVCR | NovoCure | $509.34M | $150.36M |
| NARI | Inari Medical | $493.63M | $145.82M |
| INMD | InMode | $492.05M | $80.28M |
| GKOS | Glaukos | $314.71M | $95.69M |
| TMDX | TransMedics Group | $241.62M | $114.31M |
| OM | Outset Medical | $130.38M | $27.39M |
| CLPT | ClearPoint Neuro | $23.95M | $7.86M |
INSP Revenue FAQ
What is Inspire Medical Systems’s yearly revenue?
Inspire Medical Systems's yearly revenue for 2023 was $624.8M, representing an increase of 53.19% compared to 2022. The company's yearly revenue for 2022 was $407.86M, representing an increase of 74.75% compared to 2021. INSP's yearly revenue for 2021 was $233.39M, representing an increase of 102.28% compared to 2020.
What is Inspire Medical Systems’s quarterly revenue?
Inspire Medical Systems's quarterly revenue for Q2 2024 was $195.88M, a 19.43% increase from the previous quarter (Q1 2024), and a 29.65% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $164.01M, a -14.80% decrease from the previous quarter (Q4 2023), and a 28.24% increase year-over-year (Q1 2023). INSP's quarterly revenue for Q4 2023 was $192.51M, a 25.57% increase from the previous quarter (Q3 2023), and a 39.60% increase year-over-year (Q4 2022).
What is Inspire Medical Systems’s revenue growth rate?
Inspire Medical Systems's revenue growth rate for the last 3 years (2021-2023) was 167.70%, and for the last 5 years (2019-2023) was 661.49%.