Inspire Medical Systems, Inc. (INSP)

Inspire Medical Systems Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	106.93	150.15	185.54	441.59	214.47	190.52
Short-Term Investments	193.97	295.4	274.84	9.82	-	43.84
Cash & Short-Term Investments	300.9	445.55	460.38	451.41	214.47	234.36
Cash Growth	-31.56%	-3.22%	1.98%	110.48%	-8.49%	56.80%
Receivables	137.69	93.07	89.88	61.23	34.18	25.06
Inventory	121.63	80.12	33.89	11.89	17.23	8.48
Prepaid Expenses	12.97	12.07	9.6	5.51	2.66	1.97
Total Current Assets	573.19	630.81	593.74	530.03	268.54	269.87
Property, Plant & Equipment	109.8	95.24	62.65	24.13	16.41	11.12
Long-Term Investments	118.63	81.6	19.54	10.5	9.94	-
Other Long-Term Assets	0.58	0.74	0.88	0.22	0.2	0.2
Total Assets	802.19	808.38	676.81	564.88	295.08	281.19
Accounts Payable	53.16	40.3	39.42	26.85	11.67	7.21
Accrued Expenses	36.4	45.52	37.59	32.08	19.67	13.36
Current Portion of Long-Term Debt	-	-	-	-	9.19	-
Current Portion of Leases	2.15	1.75	-	1.34	0.31	-
Other Current Liabilities	0.55	0.93	1.1	0.92	0.47	0.16
Total Current Liabilities	93.36	88.5	78.11	61.19	41.31	20.73
Long-Term Debt	-	-	-	-	15.8	24.75
Long-Term Leases	30.91	30.04	24.85	7.54	8.8	5.89
Other Long-Term Liabilities	0.11	0.15	1.35	0.15	0.13	0.09
Total Liabilities	124.38	118.69	104.3	68.87	66.04	51.44
Common Stock	0.03	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	969.9	981.04	917.11	820.34	508.47	467.04
Retained Earnings	-292.51	-291.91	-345.42	-324.27	-279.39	-237.35
Comprehensive Income & Other	0.4	0.54	0.8	-0.09	-0.06	0.03
Total Common Equity	677.81	689.7	572.51	496.01	229.05	229.75
Shareholders' Equity	677.81	689.7	572.51	496.01	229.05	229.75
Total Liabilities & Equity	802.19	808.38	676.81	564.88	295.08	281.19
Total Debt	33.06	31.79	24.85	8.87	34.1	30.63
Net Cash (Debt)	267.84	413.75	435.53	442.54	180.37	203.73
Net Cash Growth	-35.48%	-5.00%	-1.58%	145.35%	-11.46%	64.15%
Net Cash Per Share	8.78	13.55	14.86	15.76	6.62	7.81
Filing Date Shares Outstanding	29.57	29.67	29.59	29.05	27.53	27.13
Total Common Shares Outstanding	29.57	29.74	29.56	29.01	27.42	27.07
Working Capital	479.83	542.31	515.63	468.85	227.23	249.14
Book Value Per Share	22.92	23.19	19.37	17.10	8.35	8.49
Tangible Book Value	677.81	689.7	572.51	496.01	229.05	229.75
Tangible Book Value Per Share	22.92	23.19	19.37	17.10	8.35	8.49
Machinery	54.85	34.1	9.42	8.24	6.08	3.84
Construction In Progress	20.79	24.98	33.21	11.86	5.18	3.13
Leasehold Improvements	10.21	10.06	2.36	2.06	0.28	0.19

Updated Aug 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q