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	2015 - 2019
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	2015 - 2019
Net Income	44.56	53.51	-21.15	-44.88	-42.04	-57.2	Upgrade
Depreciation & Amortization	12.61	6.55	2.85	1.86	1.22	0.84	Upgrade
Loss (Gain) From Sale of Investments	-0.01	-8.86	-2.47	-0	0.01	-	Upgrade
Stock-Based Compensation	131.39	116.01	82.47	51.97	26.48	13.11	Upgrade
Provision & Write-off of Bad Debts	0.58	-0.77	1.61	-0.06	-	-	Upgrade
Other Operating Activities	1.98	1.52	2.13	0.88	1.07	1.09	Upgrade
Change in Accounts Receivable	-18.55	-2.6	-30.22	-27.02	-9.24	-11.84	Upgrade
Change in Inventory	-74.35	-46.23	-22	5.35	-8.75	-2.65	Upgrade
Change in Accounts Payable	22.31	0.6	9.3	14.36	4.78	2.05	Upgrade
Change in Other Net Operating Assets	13.16	10.52	2.14	9.13	6.36	1.56	Upgrade
Operating Cash Flow	133.69	130.25	24.65	11.57	-20.12	-53.05	Upgrade
Operating Cash Flow Growth	70.67%	428.32%	113.09%	-	-	-	Upgrade
Capital Expenditures	-34.87	-39.12	-23.63	-9.1	-4.67	-2.46	Upgrade
Investment in Securities	72	-74	-271.19	-10.5	33.81	89.08	Upgrade
Investing Cash Flow	37.13	-113.12	-294.82	-19.6	29.14	86.63	Upgrade
Long-Term Debt Repaid	-	-	-	-24.5	-	-	Upgrade
Net Debt Issued (Repaid)	-	-	-	-24.5	-	-	Upgrade
Issuance of Common Stock	13.2	27.77	31.11	259.62	14.95	134.07	Upgrade
Repurchase of Common Stock	-218.48	-80.17	-17.16	-0.04	-	-	Upgrade
Financing Cash Flow	-205.28	-52.39	13.95	235.08	14.95	134.07	Upgrade
Foreign Exchange Rate Adjustments	-0.2	-0.12	0.16	0.08	-0.02	0.01	Upgrade
Net Cash Flow	-34.67	-35.39	-256.06	227.13	23.95	167.66	Upgrade
Free Cash Flow	98.82	91.12	1.02	2.47	-24.79	-55.5	Upgrade
Free Cash Flow Growth	158.67%	8798.73%	-58.59%	-	-	-	Upgrade
Free Cash Flow Margin	11.20%	11.35%	0.16%	0.61%	-10.62%	-48.10%	Upgrade
Free Cash Flow Per Share	3.29	2.98	0.04	0.09	-0.91	-2.13	Upgrade
Cash Interest Paid	0.04	0.02	-	2.32	1.89	1.89	Upgrade
Levered Free Cash Flow	74.11	62.72	0.03	17.43	-10.69	-34.6	Upgrade
Unlevered Free Cash Flow	74.13	62.73	0.03	18.48	-9.36	-33.27	Upgrade
Change in Working Capital	-57.42	-37.71	-40.78	1.81	-6.86	-10.88	Upgrade

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