Inspire Medical Systems Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	104.81	150.15	185.54	441.59	214.47
Short-Term Investments	203.46	295.4	274.84	9.82	-
Cash & Short-Term Investments	308.27	445.55	460.38	451.41	214.47
Cash Growth	-30.81%	-3.22%	1.98%	110.48%	-8.49%
Receivables	119.69	93.07	89.88	61.23	34.18
Inventory	145.29	80.12	33.89	11.89	17.23
Prepaid Expenses	10.4	12.07	9.6	5.51	2.66
Total Current Assets	583.65	630.81	593.74	530.03	268.54
Property, Plant & Equipment	121.4	95.24	62.65	24.13	16.41
Long-Term Investments	112.73	81.6	19.54	10.5	9.94
Long-Term Deferred Tax Assets	88.67	0.01	-	-	-
Other Long-Term Assets	0.86	0.73	0.88	0.22	0.2
Total Assets	907.32	808.38	676.81	564.88	295.08
Accounts Payable	36.57	38.69	38.84	26.85	11.67
Accrued Expenses	54.29	45.52	37.59	32.08	19.67
Current Portion of Long-Term Debt	-	-	-	-	9.19
Current Portion of Leases	2.16	1.75	-	1.34	0.31
Current Income Taxes Payable	2.45	1.61	0.58	-	-
Other Current Liabilities	0.59	0.93	1.1	0.92	0.47
Total Current Liabilities	96.06	88.5	78.11	61.19	41.31
Long-Term Debt	-	-	-	-	15.8
Long-Term Leases	30	30.04	24.85	7.54	8.8
Other Long-Term Liabilities	0.1	0.15	1.35	0.15	0.13
Total Liabilities	126.16	118.69	104.3	68.87	66.04
Common Stock	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	927.16	981.04	917.11	820.34	508.47
Retained Earnings	-146.49	-291.91	-345.42	-324.27	-279.39
Comprehensive Income & Other	0.46	0.54	0.8	-0.09	-0.06
Total Common Equity	781.16	689.7	572.51	496.01	229.05
Shareholders' Equity	781.16	689.7	572.51	496.01	229.05
Total Liabilities & Equity	907.32	808.38	676.81	564.88	295.08
Total Debt	32.16	31.79	24.85	8.87	34.1
Net Cash (Debt)	276.11	413.75	435.53	442.54	180.37
Net Cash Growth	-33.27%	-5.00%	-1.58%	145.35%	-11.46%
Net Cash Per Share	9.28	13.55	14.86	15.76	6.62
Filing Date Shares Outstanding	28.59	29.67	29.59	29.05	27.53
Total Common Shares Outstanding	28.58	29.74	29.56	29.01	27.42
Working Capital	487.6	542.31	515.63	468.85	227.23
Book Value Per Share	27.33	23.19	19.37	17.10	8.35
Tangible Book Value	781.16	689.7	572.51	496.01	229.05
Tangible Book Value Per Share	27.33	23.19	19.37	17.10	8.35
Machinery	54.21	34.1	9.42	8.24	6.08
Construction In Progress	24.38	24.98	33.21	11.86	5.18
Leasehold Improvements	11.77	10.06	2.36	2.06	0.28

Source: S&P Global Market Intelligence. Standard template. Financial Sources.