Inspire Medical Systems, Inc. (INSP)

Inspire Medical Systems Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	131.14	145.42	53.51	-21.15	-44.88	-42.04
Depreciation & Amortization	16.02	13.96	6.55	2.85	1.86	1.22
Stock-Based Compensation	129.89	130.26	116.01	82.47	51.97	26.18
Other Adjustments	3.28	-85.28	-8.11	1.27	0.81	1.38
Change in Receivables	-12.21	-26.23	-2.6	-30.22	-27.02	-9.24
Changes in Inventories	-66.51	-65.18	-46.23	-22	5.35	-8.75
Changes in Accounts Payable	12.9	-3.75	0.6	9.3	14.36	4.78
Changes in Accrued Expenses	10.12	6.12	12.87	6.9	11.94	7.06
Changes in Other Operating Activities	-1.38	1.65	-2.34	-4.76	-2.82	-0.7
Operating Cash Flow	136.53	116.98	130.25	24.65	11.57	-20.12
Operating Cash Flow Growth	19.05%	-10.19%	428.32%	113.09%	-	-
Capital Expenditures	-39.82	-38.5	-39.12	-23.63	-9.1	-4.67
Purchases of Investments	-289.77	-250.44	-418.6	-281.44	-10.5	-9.99
Proceeds from Sale of Investments	342	310.38	344.61	10.25	-	43.8
Investing Cash Flow	11.75	21.45	-113.12	-294.82	-19.6	29.14
Long-Term Debt Repaid	-	-	-	-	-24.5	-
Net Long-Term Debt Issued (Repaid)	-	-	-	-	-24.5	-
Issuance of Common Stock	6.65	14.61	27.77	31.11	259.62	14.95
Repurchase of Common Stock	-100.01	-175.02	-75	-	-	-
Net Common Stock Issued (Repurchased)	-93.36	-160.41	-47.23	31.11	259.62	14.95
Other Financing Activities	-11.44	-23.04	-5.17	-17.16	-0.04	-
Financing Cash Flow	-103.17	-183.45	-52.39	13.95	235.08	14.95
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-0.06	-0.31	-0.12	0.16	0.08	-0.02
Net Cash Flow	45.05	-45.34	-35.39	-256.06	227.13	23.95
Free Cash Flow	96.71	78.48	91.12	1.02	2.47	-24.79
Free Cash Flow Growth	23.23%	-13.88%	8798.73%	-58.59%	-	-
FCF Margin	10.57%	8.61%	11.35%	0.16%	0.61%	-10.62%
Free Cash Flow Per Share	3.31	2.64	2.98	0.03	0.09	-0.91
Levered Free Cash Flow	62.47	59.73	-14.17	-52.5	-47.79	-43.1
Unlevered Free Cash Flow	36.6	27.1	-34.65	-74.14	-26.66	-40.98

Updated May 4, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q