Inspire Medical Systems Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	44.56	53.51	-21.15	-44.88	-42.04	-57.2
Depreciation & Amortization	12.61	6.55	2.85	1.86	1.22	0.84
Loss (Gain) From Sale of Investments	-0.01	-8.86	-2.47	-0	0.01	-
Stock-Based Compensation	131.39	116.01	82.47	51.97	26.48	13.11
Provision & Write-off of Bad Debts	0.58	-0.77	1.61	-0.06	-	-
Other Operating Activities	1.98	1.52	2.13	0.88	1.07	1.09
Change in Accounts Receivable	-18.55	-2.6	-30.22	-27.02	-9.24	-11.84
Change in Inventory	-74.35	-46.23	-22	5.35	-8.75	-2.65
Change in Accounts Payable	22.31	0.6	9.3	14.36	4.78	2.05
Change in Other Net Operating Assets	13.16	10.52	2.14	9.13	6.36	1.56
Operating Cash Flow	133.69	130.25	24.65	11.57	-20.12	-53.05
Operating Cash Flow Growth	70.67%	428.32%	113.09%	-	-	-
Capital Expenditures	-34.87	-39.12	-23.63	-9.1	-4.67	-2.46
Investment in Securities	72	-74	-271.19	-10.5	33.81	89.08
Investing Cash Flow	37.13	-113.12	-294.82	-19.6	29.14	86.63
Long-Term Debt Repaid	-	-	-	-24.5	-	-
Net Debt Issued (Repaid)	-	-	-	-24.5	-	-
Issuance of Common Stock	13.2	27.77	31.11	259.62	14.95	134.07
Repurchase of Common Stock	-218.48	-80.17	-17.16	-0.04	-	-
Financing Cash Flow	-205.28	-52.39	13.95	235.08	14.95	134.07
Foreign Exchange Rate Adjustments	-0.2	-0.12	0.16	0.08	-0.02	0.01
Net Cash Flow	-34.67	-35.39	-256.06	227.13	23.95	167.66
Free Cash Flow	98.82	91.12	1.02	2.47	-24.79	-55.5
Free Cash Flow Growth	158.67%	8798.73%	-58.59%	-	-	-
Free Cash Flow Margin	11.20%	11.35%	0.16%	0.61%	-10.62%	-48.10%
Free Cash Flow Per Share	3.29	2.98	0.04	0.09	-0.91	-2.13
Cash Interest Paid	0.04	0.02	-	2.32	1.89	1.89
Levered Free Cash Flow	74.11	62.72	0.03	17.43	-10.69	-34.6
Unlevered Free Cash Flow	74.13	62.73	0.03	18.48	-9.36	-33.27
Change in Working Capital	-57.42	-37.71	-40.78	1.81	-6.86	-10.88

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