Inspire Medical Systems, Inc. (INSP) quarterly balance sheet — complete assets, liabilities & equity history
Inspire Medical Systems, Inc. (INSP) balance sheet — 10-year assets, liabilities & shareholders' equity 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 |
|---|
| Total Current Assets | 627.63M | 608.67M | 566.82M | 583.65M | 586.49M | 573.19M | 571.68M | 630.81M | 582.52M | 607.16M | 572.21M | 593.74M | 569.59M | 560.08M | 533.58M | 530.03M | 495.54M | 263.13M | 262.48M | 268.54M |
| Cash & Short-Term Investments | 327.97M | 320.68M | 283.83M | 308.27M | 322.59M | 300.89M | 369.19M | 445.55M | 410.99M | 439.66M | 441.36M | 460.38M | 464.21M | 467.05M | 452.06M | 451.41M | 427.55M | 196.32M | 203.29M | 214.47M |
| Cash Only | 190.8M | 127.76M | 98.93M | 104.81M | 112.84M | 106.93M | 53.88M | 150.15M | 147.51M | 188.03M | 175.42M | 185.54M | 329.9M | 467.05M | 442.13M | 441.59M | 417.81M | 186.57M | 203.29M | 214.47M |
| Short-Term Investments | 137.17M | 192.92M | 184.9M | 203.46M | 209.75M | 193.97M | 315.31M | 295.4M | 263.48M | 251.63M | 265.94M | 274.84M | 134.32M | 0 | 9.93M | 9.82M | 9.74M | 9.75M | 0 | 0 |
| Accounts Receivable | 104.71M | 103.34M | 105.09M | 119.69M | 107.99M | 137.69M | 92.63M | 93.07M | 89.74M | 79.72M | 72.33M | 89.88M | 71.46M | 63.5M | 59.77M | 61.23M | 48.5M | 40.38M | 34.54M | 34.18M |
| Days Sales Outstanding | 46.3 | 47.28 | 49.44 | 38.92 | 50.34 | 48.27 | 41.51 | 35.08 | 38.36 | 35.32 | 45 | 38.55 | 40.5 | 37.12 | 42.57 | 36.6 | 37.44 | 37.3 | 44.57 | 35.71 |
| Inventory | 178.96M | 170.45M | 166.24M | 145.29M | 141.78M | 121.63M | 99.73M | 80.12M | 67.43M | 59.02M | 48.97M | 33.88M | 26.11M | 20.84M | 15.66M | 11.89M | 15.15M | 21.86M | 22.2M | 17.23M |
| Days Inventory Outstanding | 557.37 | 526.04 | 506.62 | 366.09 | 381.36 | 290.49 | 263.54 | 188.6 | 179.55 | 164.66 | 152.28 | 98.38 | 88.59 | 68.48 | 62.33 | 56.13 | 86.03 | 141.43 | 177.36 | 135.27 |
| Other Current Assets | 0 | 14.2M | 11.66M | 10.4M | 14.13M | 12.97M | 10.13M | 12.07M | 14.36M | 28.75M | 9.55M | 9.6M | 7.8M | 8.69M | 6.09M | 5.5M | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 325.41M | 317.32M | 344.56M | 334.84M | 221.23M | 229M | 159.13M | 177.58M | 213.67M | 121.23M | 113.63M | 83.07M | 69.9M | 58.17M | 38.27M | 34.84M | 31.98M | 28.87M | 27.24M | 26.55M |
| Property, Plant & Equipment | 107.76M | 126.93M | 123.76M | 121.4M | 115.58M | 109.8M | 102.15M | 95.24M | 89.26M | 83.89M | 74.53M | 62.65M | 55.33M | 46.59M | 27.53M | 24.13M | 21.27M | 18.41M | 16.99M | 16.41M |
| Fixed Asset Turnover | 1.76x | 1.60x | 1.67x | 2.27x | 1.99x | 2.05x | 2.04x | 2.60x | 2.35x | 2.47x | 2.39x | 3.26x | 3.01x | 4.08x | 4.95x | 6.07x | 5.50x | 5.16x | 4.15x | 5.29x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 142.43M | 94.48M | 115.88M | 96.33M | 104.75M | 109.83M | 44.83M | 71M | 113.42M | 36.74M | 38.2M | 9.14M | 2.96M | 10.8M | 0 | 0 | 0 | 0 | 9.8M | 9.94M |
| Other Non-Current Assets | 1.03M | 18.33M | 17.25M | 17.26M | 898K | 9.38M | 12.15M | 11.34M | 10.99M | 595K | 896K | 11.28M | 11.61M | 785K | 10.73M | 10.71M | 10.7M | 10.45M | 454K | 204K |
| Total Assets | 953.03M | 925.99M | 911.38M | 918.49M | 807.72M | 802.19M | 730.81M | 808.38M | 796.19M | 728.39M | 685.84M | 676.81M | 639.49M | 618.25M | 571.85M | 564.88M | 527.52M | 292M | 289.72M | 295.08M |
| Asset Turnover | 0.22x | 0.22x | 0.22x | 0.31x | 0.28x | 0.28x | 0.26x | 0.30x | 0.27x | 0.28x | 0.24x | 0.29x | 0.24x | 0.25x | 0.23x | 0.25x | 0.27x | 0.31x | 0.24x | 0.27x |
| Asset Growth % | 17.99% | 15.43% | 24.71% | 13.62% | 1.45% | 10.13% | 6.56% | 19.44% | 24.5% | 17.82% | 19.93% | 19.82% | 21.23% | 111.73% | 97.38% | 91.43% | 89.15% | 7.27% | 5.96% | 4.94% |
| Total Current Liabilities | 97.34M | 71.18M | 89.42M | 96.06M | 110.84M | 93.36M | 63.47M | 88.5M | 74.26M | 65.66M | 72.17M | 78.11M | 70M | 66.69M | 59.87M | 61.19M | 49.29M | 46.85M | 43.17M | 41.31M |
| Accounts Payable | 38.07M | 27.1M | 41.85M | 36.56M | 59.24M | 53.16M | 29.14M | 38.69M | 34.93M | 33.62M | 43.8M | 38.84M | 40.03M | 39.96M | 36.48M | 26.85M | 20.3M | 16.03M | 17.02M | 11.66M |
| Days Payables Outstanding | 103.97 | 107.73 | 127.52 | 122.18 | 162.73 | 108 | 99.39 | 94.09 | 97.33 | 118.04 | 151.88 | 129.32 | 150.92 | 143.41 | 143.28 | 97.91 | 84.48 | 106.12 | 129.04 | 89.29 |
| Short-Term Debt | 0 | 0 | 0 | 2.16M | 2.27M | 2.15M | 2.04M | 0 | 0 | 0 | 0 | 0 | 0 | 1.31M | 0 | 0 | 0 | 12.25M | 12.92M | 9.19M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 44.08M | 47.57M | 8.41M | 11.69M | 8.96M | 6M | 0 | 6.25M | 5.4M | 7.41M | 0 | 0 | 2.86M | 0 | 0 | 0 | 0 | 2.66M | 0 |
| Current Ratio | 6.45x | 8.55x | 6.34x | 6.08x | 5.29x | 6.14x | 9.01x | 7.13x | 7.84x | 9.25x | 7.93x | 7.60x | 8.14x | 8.40x | 8.91x | 8.66x | 10.05x | 5.62x | 6.08x | 6.50x |
| Quick Ratio | 4.61x | 6.16x | 4.48x | 4.56x | 4.01x | 4.84x | 7.44x | 6.22x | 6.94x | 8.35x | 7.25x | 7.17x | 7.76x | 8.09x | 8.65x | 8.47x | 9.75x | 5.15x | 5.57x | 6.08x |
| Cash Conversion Cycle | 499.71 | 465.59 | 428.54 | 282.84 | 268.96 | 230.76 | 205.66 | 129.59 | 120.59 | 81.94 | 45.4 | 7.61 | -21.83 | -37.8 | -38.38 | -5.18 | 38.99 | 72.62 | 92.89 | 81.69 |
| Total Non-Current Liabilities | 28.75M | 29.23M | 29.62M | 41.28M | 30.41M | 31.02M | 31.6M | 30.19M | 25.37M | 24.66M | 24.65M | 26.19M | 25.32M | 22.2M | 7.33M | 7.68M | 8.03M | 18.16M | 21.5M | 24.73M |
| Long-Term Debt | 0 | 0 | 0 | 30M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.79M | 12.8M | 15.8M |
| Capital Lease Obligations | 28.61M | 29.09M | 29.55M | 30M | 30.3M | 30.91M | 31.49M | 30.04M | 25.22M | 24.51M | 24.5M | 24.85M | 25.17M | 22.05M | 7.18M | 7.54M | 7.88M | 8.22M | 8.55M | 8.8M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 11.18M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 135K | 136K | 66K | -29.89M | 111K | 111K | 108K | 148K | 150K | 149K | 146K | 1.35M | 146K | 146K | 146K | 146K | 146K | 146K | 146K | 134K |
| Total Liabilities | 126.08M | 100.41M | 119.04M | 137.33M | 141.26M | 124.38M | 95.07M | 118.69M | 99.63M | 90.32M | 96.82M | 104.3M | 95.31M | 88.89M | 67.2M | 68.87M | 57.32M | 65.02M | 64.67M | 66.04M |
| Total Debt | 28.61M | 29.09M | 29.55M | 62.15M | 32.58M | 33.06M | 33.52M | 31.79M | 25.33M | 24.51M | 24.5M | 24.85M | 25.17M | 23.37M | 8.55M | 8.87M | 9.13M | 31.34M | 34.27M | 34.09M |
| Net Debt | -162.19M | -98.67M | -69.38M | -42.66M | -80.27M | -73.87M | -20.36M | -118.36M | -122.19M | -163.52M | -150.92M | -160.69M | -304.72M | -443.68M | -433.58M | -432.72M | -408.68M | -155.23M | -169.02M | -180.37M |
| Debt / Equity | 0.03x | 0.04x | 0.04x | 0.08x | 0.05x | 0.05x | 0.05x | 0.05x | 0.04x | 0.04x | 0.04x | 0.04x | 0.05x | 0.04x | 0.02x | 0.02x | 0.02x | 0.14x | 0.15x | 0.15x |
| Debt / EBITDA | - | 7.13x | 7.40x | 1.24x | 2.45x | 337.34x | 21.50x | 0.93x | 1.57x | 3.78x | - | 2.46x | - | - | - | 37.91x | - | - | - | - |
| Net Debt / EBITDA | - | -24.17x | -17.38x | -0.85x | -6.03x | -753.76x | -13.06x | -3.44x | -7.56x | -25.23x | - | -15.89x | - | - | - | -1849.23x | - | - | - | - |
| Interest Coverage | - | - | - | 413.45x | 1232.91x | -582.00x | - | 2467.09x | - | - | - | - | - | - | - | - | -24.31x | -28.04x | -30.49x | -3.41x |
| Total Equity | 826.95M | 825.58M | 792.34M | 781.16M | 666.46M | 677.81M | 635.74M | 689.7M | 696.56M | 638.07M | 589.02M | 572.51M | 544.18M | 529.36M | 504.65M | 496.01M | 470.2M | 226.98M | 225.06M | 229.05M |
| Equity Growth % | 24.08% | 21.8% | 24.63% | 13.26% | -4.32% | 6.23% | 7.93% | 20.47% | 28% | 20.54% | 16.72% | 15.42% | 15.73% | 133.21% | 124.23% | 116.55% | 113.44% | 3.21% | 0.86% | -0.3% |
| Book Value per Share | 28.59 | 28.53 | 27.61 | 26.74 | 22.52 | 22.97 | 20.97 | 22.43 | 22.74 | 20.98 | 19.89 | 18.93 | 18.53 | 18.11 | 17.35 | 16.42 | 16.66 | 8.23 | 8.18 | 8.37 |
| Total Shareholders' Equity | 826.95M | 825.58M | 792.34M | 781.16M | 666.46M | 677.81M | 635.74M | 689.7M | 696.56M | 638.07M | 589.02M | 572.51M | 544.18M | 529.36M | 504.65M | 496.01M | 470.2M | 226.98M | 225.06M | 229.05M |
| Common Stock | 29K | 29K | 29K | 29K | 29K | 29K | 29K | 30K | 30K | 30K | 30K | 30K | 29K | 29K | 29K | 29K | 29K | 28K | 28K | 27K |
| Retained Earnings | -181.87M | -157.47M | -157.79M | -146.49M | -282.58M | -292.51M | -288.92M | -291.91M | -327.14M | -345.63M | -355.43M | -345.42M | -360.19M | -351.65M | -339.69M | -324.27M | -327.42M | -310.57M | -296.08M | -279.39M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -1.45M | -645K | -352K | 464K | 639K | 396K | 227K | 536K | 1.7M | -115K | 124K | 800K | 44K | 103K | 32K | -86K | -363K | -201K | -198K | -55K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |