Inspire Medical Systems, Inc. (INSP) quarterly cash flow statement — complete operating, investing & financing history
Inspire Medical Systems, Inc. (INSP) cash flow statement — 10-year operating, investing & financing cash flows
| Metric | 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 | Q3'21 |
|---|
| Cash from Operations | 23.23M | 12.85M | 52.47M | 68.53M | 2.68M | -6.7M | 69.18M | 52.28M | -78K | 8.86M | 17.27M | 3.64M | 5.09M | -1.34M | 19.27M | 11M | -5.95M | -12.75M | 734K | -338K |
| Operating CF Margin % | 11.58% | 6.28% | 19.5% | 30.52% | 1.24% | -3.33% | 28.86% | 25.73% | -0.04% | 5.4% | 8.97% | 2.37% | 3.37% | -1.05% | 13.97% | 10.08% | -6.52% | -18.37% | 0.94% | -0.55% |
| Operating CF Growth % | 765.42% | 291.69% | -24.16% | 31.07% | 3541.03% | -175.65% | 300.65% | 1337.14% | -101.53% | 759.23% | -10.39% | -66.93% | 185.52% | 89.46% | 2525.2% | 3355.03% | 41.13% | -22.57% | 117.86% | 96.21% |
| Net Income | 314K | -11.29M | 136.09M | 9.93M | -3.59M | 2.99M | 35.22M | 18.5M | 9.79M | -10.01M | 14.76M | -8.54M | -11.95M | -15.42M | 3.15M | -16.85M | -14.49M | -16.69M | -2.39M | -10.35M |
| Depreciation & Amortization | 4.6M | 5.11M | 3.82M | 3.68M | 3.41M | 3.04M | 2.48M | 1.85M | 1.38M | 839K | 817K | 777K | 659K | 593K | 569K | 513K | 417K | 359K | 344K | 336K |
| Stock-Based Compensation | 31.23M | 30.69M | 28.01M | 29.5M | 41.72M | 31.06M | 29.14M | 28.22M | 32.32M | 26.32M | 22.85M | 19.65M | 21.57M | 18.32M | 15M | 14.67M | 12.66M | 9.8M | 7.03M | 6.89M |
| Deferred Taxes | 10.15M | 1.01M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -230K | 444K | -88.6M | -24K | 3.7M | -386K | -766K | -1.97M | -2.04M | -3.34M | -1.26M | 349K | 1.3M | 264K | 349K | 4.5M | 331K | 5.84M | 405K | 1.59M |
| Working Capital Changes | -22.83M | -13.11M | -26.85M | 25.44M | -42.56M | -43.41M | 3.1M | 5.68M | -41.54M | -4.95M | -19.9M | -8.6M | -6.48M | -5.09M | 200K | 8.17M | -4.87M | -12.05M | -4.65M | 1.2M |
| Change in Receivables | 1.93M | 14.29M | -11.63M | 29.72M | -44.58M | 263K | -3.95M | -9.9M | -7.71M | 18.96M | -18.63M | -8.47M | -4.61M | 1.49M | -12.62M | -8.19M | -5.83M | -382K | -7.5M | -1.87M |
| Change in Inventory | -4.22M | -20.94M | -3.52M | -20.14M | -21.91M | -19.61M | -12.69M | -8.41M | -10.05M | -15.09M | -7.77M | -5.27M | -5.18M | -3.78M | 3.26M | 6.71M | 342K | -4.97M | -1.66M | -2.28M |
| Change in Payables | -13.83M | 7.13M | -22.1M | 6.54M | 21.33M | -9.52M | 3.96M | 1.65M | -8.56M | 3.56M | -1.78M | 0 | 3.39M | 8.39M | 5.75M | 0 | -1.76M | 0 | 1.29M | 0 |
| Cash from Investing | 3.55M | -11.25M | -11.92M | -11.64M | 46.56M | -1.55M | 3.76M | -102.97M | 5.62M | -19.54M | -151.72M | -144.24M | 4.89M | -3.75M | -2.95M | -3.76M | -11.42M | -1.47M | -533K | 30.15M |
| Capital Expenditures | -9.16M | -9.73M | -10.66M | -10.44M | -9M | -8.41M | -7.03M | -8.01M | -12.39M | -11.7M | -8.03M | -6.99M | -4.86M | -3.75M | -2.95M | -3.51M | -1.42M | -1.22M | -533K | -1.15M |
| CapEx % of Revenue | 4.57% | 4.75% | 3.96% | 4.65% | 4.14% | 4.18% | 2.93% | 3.94% | 6.33% | 7.13% | 4.17% | 4.56% | 3.21% | 2.93% | 2.14% | 3.22% | 1.55% | 1.75% | 0.68% | 1.87% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 6.85M | 10.79M | -94.96M | 0 | 0 | 0 | -137.25M | 0 | 0 | 0 | -250K | 0 | -250K | 0 | 31.3M |
| Cash from Financing | 1.91M | -7.48M | -48.31M | -51.08M | 3.7M | -87.76M | -70.14M | 9.89M | 7.09M | 768K | -10.12M | 3.5M | 14.93M | 5.63M | 7.29M | 224.13M | 619K | 3.04M | 4.08M | 3.84M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -21.44M | -3.06M | 0 | 0 | 0 |
| Equity Issued (Net) | 2.6M | 109K | -47.61M | -49.65M | 5.43M | -68.57M | -74.02M | 14.22M | 8.95M | 3.62M | 3.81M | 4.02M | 15.9M | 7.38M | 251.09M | 1.76M | 3.68M | 3.09M | 4.08M | 3.84M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | -50.01M | -50M | 0 | -75.01M | -75M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -685K | -7.59M | -694K | -1.43M | -1.73M | -19.19M | 3.88M | -4.33M | -1.86M | -2.85M | -13.93M | -516K | -971K | -1.75M | -243.8M | 243.8M | 0 | -43K | 0 | 0 |
| Net Change in Cash | 28.83M | -5.88M | -8.03M | 5.92M | 53.05M | -96.27M | 2.64M | -40.52M | 12.62M | -10.12M | -144.36M | -137.15M | 24.92M | 540K | 23.78M | 231.24M | -16.72M | -11.18M | 4.27M | 33.66M |
| Free Cash Flow | 14.07M | 3.12M | 41.81M | 58.09M | -6.31M | -15.11M | 62.15M | 44.28M | -12.47M | -2.84M | 9.23M | -3.35M | 237K | -5.1M | 16.32M | 7.49M | -7.37M | -13.96M | 201K | -1.49M |
| FCF Margin % | 7.01% | 1.53% | 15.54% | 25.87% | -2.91% | -7.51% | 25.93% | 21.79% | -6.37% | -1.73% | 4.8% | -2.19% | 0.16% | -3.99% | 11.83% | 6.86% | -8.07% | -20.12% | 0.26% | -2.41% |
| FCF Growth % | 322.84% | 120.67% | -32.73% | 31.19% | 49.38% | -432.79% | 573.1% | 1421.67% | -5362.03% | 44.36% | -43.42% | -144.73% | 103.21% | 63.5% | 8018.91% | 603.02% | 37.39% | -19.12% | 104.26% | 85.29% |
| FCF per Share | 0.49 | 0.11 | 1.43 | 1.96 | -0.21 | -0.50 | 2.02 | 1.45 | -0.41 | -0.10 | 0.31 | -0.11 | 0.01 | -0.18 | 0.54 | 0.27 | -0.27 | -0.51 | 0.01 | -0.05 |
| FCF Conversion (FCF/Net Income) | 73.97x | -1.14x | 0.39x | 6.90x | -0.75x | -2.24x | 1.96x | 2.83x | -0.01x | -0.89x | 1.17x | -0.43x | -0.43x | 0.09x | 6.12x | -0.65x | 0.41x | 0.76x | -0.31x | 0.03x |
| Interest Paid | 0 | 0 | 122K | 11K | 0 | 0 | 22K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.4M | 456K | 466K | 471K | 476K |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |