Insmed Incorporated (INSM) quarterly income statement — complete revenue, gross profit & net income history
Insmed Incorporated (INSM) annual income statement — 27-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 524.43M | 425.49M | 305.96M | 263.84M | 142.34M | 107.42M | 92.82M | 104.44M | 93.42M | 90.34M | 75.5M | 83.69M | 79.07M | 77.23M | 65.21M | 59.3M | 67.73M | 65.22M | 53.11M | 56.12M |
| Revenue Growth % | 268.43% | 296.11% | 229.62% | 152.62% | 52.36% | 18.9% | 22.94% | 24.79% | 18.15% | 16.98% | 15.77% | 41.13% | 16.75% | 18.41% | 22.8% | 5.66% | 44.86% | 43.77% | 32.06% | 35.52% |
| Cost of Goods Sold | 78.22M | 67.21M | 49.5M | 44.22M | 29.36M | 28.07M | 21.28M | 26.15M | 21.17M | 20.96M | 17.46M | 18.44M | 16.71M | 16.59M | 13.83M | 13.07M | 13.47M | 16.39M | 12.19M | 13.29M |
| COGS % of Revenue | 14.91% | 15.8% | 16.18% | 16.76% | 20.63% | 26.14% | 22.92% | 25.04% | 22.66% | 23.21% | 23.12% | 22.04% | 21.13% | 21.49% | 21.21% | 22.04% | 19.89% | 25.14% | 22.96% | 23.68% |
| Gross Profit | 446.21M | 358.27M | 256.46M | 219.62M | 112.98M | 79.34M | 71.55M | 78.29M | 72.25M | 69.38M | 58.04M | 65.25M | 62.37M | 60.63M | 51.38M | 46.23M | 54.26M | 48.83M | 40.92M | 42.84M |
| Gross Margin % | 85.09% | 84.2% | 83.82% | 83.24% | 79.37% | 73.86% | 77.08% | 74.96% | 77.34% | 76.79% | 76.88% | 77.96% | 78.87% | 78.51% | 78.79% | 77.96% | 80.11% | 74.86% | 77.04% | 76.32% |
| Gross Profit Growth % | 294.96% | 351.57% | 258.46% | 180.52% | 56.36% | 14.36% | 23.26% | 19.99% | 15.86% | 14.42% | 12.96% | 41.14% | 14.94% | 24.19% | 25.58% | 7.93% | 48.35% | 41.41% | 34.73% | 40.2% |
| Operating Expenses | 535.58M | 359.82M | 456.74M | 469.33M | 478.98M | 392.22M | 319.69M | 308.7M | 285.68M | 358.28M | 203.55M | 243.52M | 210.03M | 296.16M | 199.54M | 197.71M | 181.96M | 137.14M | 130.75M | 141.91M |
| OpEx % of Revenue | 102.13% | 84.57% | 149.28% | 177.88% | 336.5% | 365.14% | 344.4% | 295.58% | 305.79% | 396.59% | 269.6% | 290.97% | 265.62% | 383.49% | 305.98% | 333.4% | 268.65% | 210.27% | 246.2% | 252.86% |
| Selling, General & Admin | 253.03M | 247.47M | 247.26M | 212.48M | 186.38M | 154.76M | 147.54M | 142.51M | 118.93M | 106.57M | 93.1M | 89.53M | 90.63M | 84.43M | 79.91M | 73.48M | 75.58M | 59.97M | 56.75M | 65.27M |
| SG&A % of Revenue | 48.25% | 58.16% | 80.81% | 80.53% | 130.94% | 144.08% | 158.95% | 136.45% | 127.3% | 117.96% | 123.31% | 106.97% | 114.61% | 109.33% | 122.54% | 123.91% | 111.59% | 91.95% | 106.86% | 116.29% |
| Research & Development | 269.96M | 210.03M | 209.49M | 254.91M | 186.41M | 177.19M | 152.58M | 179.73M | 150.81M | 146.75M | 121.08M | 137.03M | 109.15M | 196.97M | 127.86M | 124.76M | 99.87M | 88.53M | 84.36M | 76.35M |
| R&D % of Revenue | 51.48% | 49.36% | 68.47% | 96.61% | 130.96% | 164.96% | 164.37% | 172.08% | 161.42% | 162.44% | 160.37% | 163.73% | 138.04% | 255.05% | 196.07% | 210.39% | 147.46% | 135.73% | 158.84% | 136.04% |
| Other Operating Expenses | 1000K | -1000K | 0 | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | -1000K | -536K | 1000K | -1000K | -1000K | 296K |
| Operating Income | -89.37M | -1.55M | -200.28M | -249.71M | -366M | -312.88M | -248.14M | -230.41M | -213.43M | -288.9M | -145.5M | -178.27M | -147.67M | -235.53M | -148.16M | -151.47M | -127.7M | -88.32M | -89.83M | -99.08M |
| Operating Margin % | -17.04% | -0.36% | -65.46% | -94.64% | -257.13% | -291.28% | -267.33% | -220.61% | -228.45% | -319.8% | -192.72% | -213.01% | -186.75% | -304.97% | -227.19% | -255.44% | -188.54% | -135.41% | -169.15% | -176.53% |
| Operating Income Growth % | 75.58% | 99.51% | 19.29% | -8.37% | -71.49% | -8.3% | -70.54% | -29.25% | -44.53% | -22.66% | 1.79% | -17.69% | -15.64% | -166.69% | -64.93% | -52.88% | -23.24% | 0.28% | -7.16% | -4.8% |
| EBITDA | -80.97M | 3.71M | -195.37M | -244.15M | -362.01M | -309.13M | -244.99M | -227.67M | -210.71M | -286.2M | -142.65M | -175.53M | -144.91M | -232.95M | -145.65M | -148.03M | -125.58M | -86.09M | -87.28M | -95.7M |
| EBITDA Margin % | -15.44% | 0.87% | -63.85% | -92.53% | -254.32% | -287.79% | -263.94% | -217.99% | -225.54% | -316.81% | -188.95% | -209.74% | -183.27% | -301.64% | -223.34% | -249.63% | -185.42% | -132% | -164.36% | -170.51% |
| EBITDA Growth % | 77.63% | 101.2% | 20.26% | -7.24% | -71.81% | -8.01% | -71.74% | -29.7% | -45.4% | -22.86% | 2.05% | -18.58% | -15.39% | -170.58% | -66.87% | -54.68% | -25.44% | -1.39% | -8.86% | -5.21% |
| D&A (Non-Cash Add-back) | 8.4M | 5.26M | 4.92M | 5.56M | 4M | 3.75M | 3.15M | 2.74M | 2.72M | 2.7M | 2.85M | 2.74M | 2.76M | 2.57M | 2.51M | 3.45M | 2.11M | 2.22M | 2.55M | 3.38M |
| EBIT | -77.24M | 8.9M | -142.02M | -307.71M | -349.66M | -300.87M | -235.92M | -214.48M | -199.18M | -279.59M | -136.56M | -165.24M | -139.28M | -225.31M | -140.93M | -147.54M | -128.24M | -92.61M | -91.77M | -102.21M |
| Net Interest Income | -9.34M | -20.27M | -8.04M | -5.36M | -2.09M | -8.02M | -7.66M | -4.29M | -4.07M | -10.98M | -12.26M | -10.93M | -9.71M | -9.45M | -9.48M | -8.13M | -1.56M | -2.52M | -3.15M | -11.29M |
| Interest Income | 11.07M | 0 | 12.04M | 15.24M | 18.29M | 13.22M | 13.91M | 17.26M | 16.98M | 10.29M | 8.78M | 9.85M | 10.58M | 11.17M | 10.52M | 8.32M | 1.79M | 835K | 137K | 61K |
| Interest Expense | 20.41M | 20.27M | 20.08M | 20.6M | 20.38M | 21.25M | 21.57M | 21.55M | 21.05M | 21.27M | 21.04M | 20.78M | 20.29M | 20.62M | 20M | 16.45M | 3.35M | 3.36M | 3.29M | 11.35M |
| Other Income/Expense | -8.28M | -9.82M | 38.18M | -77.23M | -2.7M | -7.57M | -7.53M | -3.87M | -6.08M | -10.87M | -11M | -6.79M | -10.72M | -8.75M | -11.12M | -8.52M | -3.08M | -6.83M | -4.4M | -13.94M |
| Pretax Income | -97.65M | -11.37M | -162.1M | -326.93M | -368.7M | -320.44M | -255.67M | -234.28M | -219.51M | -299.77M | -156.5M | -185.06M | -158.39M | -244.28M | -159.28M | -160M | -130.77M | -95.14M | -94.24M | -113.02M |
| Pretax Margin % | -18.62% | -2.67% | -52.98% | -123.91% | -259.02% | -298.32% | -275.44% | -224.32% | -234.96% | -331.83% | -207.29% | -221.12% | -200.31% | -316.3% | -244.24% | -269.81% | -193.08% | -145.88% | -177.45% | -201.37% |
| Income Tax | 2.67M | 1.87M | 1.47M | 1.55M | 1.32M | 1.24M | 912K | 1.27M | 1.01M | 838K | 589K | 998K | 544K | 530K | 483K | 125K | 372K | 501K | 385K | -41K |
| Effective Tax Rate % | -2.73% | -16.43% | -0.9% | -0.47% | -0.36% | -0.39% | -0.36% | -0.54% | -0.46% | -0.28% | -0.38% | -0.54% | -0.34% | -0.22% | -0.3% | -0.08% | -0.28% | -0.53% | -0.41% | 0.04% |
| Net Income | -100.32M | -13.24M | -163.56M | -328.49M | -370.02M | -321.69M | -256.58M | -235.55M | -220.52M | -300.61M | -157.09M | -186.06M | -158.93M | -244.81M | -159.76M | -160.12M | -131.15M | -95.64M | -94.62M | -112.98M |
| Net Margin % | -19.13% | -3.11% | -53.46% | -124.5% | -259.95% | -299.48% | -276.42% | -225.53% | -236.04% | -332.75% | -208.07% | -222.31% | -201% | -316.99% | -244.98% | -270.02% | -193.63% | -146.65% | -178.17% | -201.3% |
| Net Income Growth % | 72.89% | 95.88% | 36.25% | -39.46% | -67.79% | -7.01% | -63.33% | -26.6% | -38.75% | -22.79% | 1.67% | -16.2% | -21.19% | -155.96% | -68.85% | -41.73% | -16.35% | 18.48% | -3.25% | -10.53% |
| Net Income (Continuing) | -100.32M | -13.24M | -163.56M | -328.49M | -370.02M | -321.69M | -256.58M | -235.55M | -220.52M | -300.61M | -157.09M | -186.06M | -158.93M | -244.81M | -159.76M | -160.12M | -131.15M | -95.64M | -94.62M | -112.98M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.46 | -0.06 | -0.76 | -1.54 | -1.75 | -1.70 | -1.42 | -1.32 | -1.27 | -1.94 | -1.06 | -1.28 | -1.11 | -1.78 | -1.17 | -1.21 | -1.09 | -0.80 | -0.80 | -0.95 |
| EPS Growth % | 73.71% | 96.47% | 46.48% | -16.67% | -37.8% | 12.37% | -33.96% | -3.13% | -14.41% | -8.99% | 9.4% | -5.79% | -1.83% | -122.5% | -46.25% | -27.37% | -13.54% | 25.23% | 10.11% | 5% |
| EPS (Basic) | -0.46 | -0.06 | -0.76 | -1.54 | -1.75 | -1.70 | -1.42 | -1.32 | -1.27 | -1.94 | -1.06 | -1.28 | -1.11 | -1.78 | -1.17 | -1.21 | -1.09 | -0.80 | -0.80 | -0.95 |
| Diluted Shares Outstanding | 218.79M | 217.35M | 215.47M | 213.64M | 211.44M | 189.3M | 180.86M | 179.02M | 173.72M | 154.7M | 148.46M | 144.81M | 142.9M | 137.55M | 136.35M | 132.69M | 120.79M | 119.6M | 118.93M | 118.5M |
| Basic Shares Outstanding | 218.79M | 217.35M | 215.47M | 213.64M | 211.44M | 189.3M | 180.86M | 179.02M | 173.72M | 154.7M | 148.46M | 144.81M | 142.9M | 137.55M | 136.35M | 132.69M | 120.32M | 119.56M | 118.28M | 118.5M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |