8-K Announcements
6May 4, 2026·SEC
May 1, 2026·SEC
Apr 3, 2026·SEC
InspireMD, Inc. (NSPR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
InspireMD, Inc. (NSPR) stock price & volume — 10-year historical chart
InspireMD, Inc. (NSPR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
InspireMD, Inc. (NSPR) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 4, 2026 | $0.16vs $0.19+15.8% | $3Mvs $3M+25.8% |
| Q2 2026 | Mar 18, 2026 | $0.14vs $0.22+36.4% | $3Mvs $3M+19.9% |
| Q4 2025 | Nov 4, 2025 | $0.17vs $0.17+0.0% | $3Mvs $3M-3.9% |
| Q3 2025 | Aug 4, 2025 | $0.26vs $0.24-8.3% | $2Mvs $2M+1.1% |
InspireMD, Inc. (NSPR) competitors in Cardiovascular and heart rhythm devices — business model, growth, and fundamentals comparison
InspireMD, Inc. (NSPR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
InspireMD, Inc. (NSPR) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 2.76M | 3.6M | 3.72M | 2.48M | 4.5M | 5.17M | 6.21M | 7.01M | 8.98M |
| Revenue Growth % | 45.78% | 30.42% | 3.33% | -33.22% | 80.89% | 15.04% | 20% | 12.96% | 28.11% |
| Cost of Goods Sold | 2.18M | 2.61M | 2.96M | 2.4M | 3.74M | 4.05M | 4.4M | 5.5M | 6.33M |
| COGS % of Revenue | 78.81% | 72.37% | 79.68% | 96.66% | 83.23% | 78.4% | 70.88% | 78.51% | 70.5% |
| Gross Profit | 585K▲ 0% | 995K▲ 70.1% | 756K▼ 24.0% | 83K▼ 89.0% | 754K▲ 808.4% | 1.12M▲ 48.1% | 1.81M▲ 61.8% | 1.51M▼ 16.7% | 2.65M▲ 75.9% |
| Gross Margin % | 21.19% | 27.63% | 20.32% | 3.34% | 16.77% | 21.6% | 29.12% | 21.49% | 29.5% |
| Gross Profit Growth % | 473.53% | 70.09% | -24.02% | -89.02% | 808.43% | 48.14% | 61.77% | -16.66% | 75.9% |
| Operating Expenses | 8.82M | 8.61M | 10.57M | 10.46M | 15.47M | 19.83M | 22.95M | 35.01M | 51.76M |
| OpEx % of Revenue | 319.34% | 238.99% | 284.12% | 421.05% | 344.16% | 383.48% | 369.86% | 499.49% | 576.47% |
| Selling, General & Admin | 7.54M | 7.07M | 7.62M | 8.23M | 10.31M | 12.02M | 14.97M | 21.38M | 37.26M |
| SG&A % of Revenue | 273.13% | 196.36% | 204.73% | 331.19% | 229.41% | 232.45% | 241.24% | 304.97% | 414.97% |
| Research & Development | 1.28M | 1.53M | 2.95M | 2.23M | 5.16M | 7.81M | 7.98M | 13.63M | 15M |
| R&D % of Revenue | 46.22% | 42.63% | 79.39% | 89.86% | 114.75% | 151.03% | 128.62% | 194.52% | 167.09% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -502K |
| Operating Income | -8.23M▲ 0% | -7.61M▲ 7.5% | -9.82M▼ 29.0% | -10.38M▼ 5.7% | -14.72M▼ 41.8% | -18.71M▼ 27.2% | -21.14M▼ 13.0% | -33.5M▼ 58.5% | -49.11M▼ 46.6% |
| Operating Margin % | -298.15% | -211.36% | -263.8% | -417.71% | -327.39% | -361.88% | -340.74% | -478% | -546.97% |
| Operating Income Growth % | -7.64% | 7.54% | -28.97% | -5.75% | -41.77% | -27.16% | -12.99% | -58.46% | -46.59% |
| EBITDA | -8.05M | -7.46M | -9.66M | -10.23M | -14.55M | -18.52M | -20.91M | -33.22M | -48.64M |
| EBITDA Margin % | -291.71% | -207.14% | -259.55% | -411.63% | -323.8% | -358.25% | -337% | -474% | -541.66% |
| EBITDA Growth % | -8.01% | 7.39% | -29.48% | -5.91% | -42.29% | -27.28% | -12.88% | -58.88% | -46.39% |
| D&A (Non-Cash Add-back) | 178K | 152K | 158K | 151K | 161K | 188K | 232K | 280K | 476K |
| EBIT | -8.29M | -7.61M | -9.82M | -10.38M | -14.72M | -18.71M | -21.14M | -33.5M | -49.11M |
| Net Interest Income | -179K | 371K | -200K | -160K | -157K | 250K | 1.29M | 1.56M | 0 |
| Interest Income | 0 | 371K | 0 | 0 | 0 | 250K | 1.29M | 1.56M | 0 |
| Interest Expense | 179K | 0 | 200K | 160K | 157K | 0 | 0 | 0 | 0 |
| Other Income/Expense | -179K | 371K | -200K | -160K | -157K | 250K | 1.29M | 1.56M | 389K |
| Pretax Income | -8.41M▲ 0% | -7.24M▲ 13.9% | -10.02M▼ 38.3% | -10.54M▼ 5.2% | -14.87M▼ 41.1% | -18.46M▼ 24.1% | -19.85M▼ 7.5% | -31.95M▼ 60.9% | -48.72M▼ 52.5% |
| Pretax Margin % | -304.64% | -201.06% | -269.18% | -424.14% | -330.88% | -357.05% | -319.92% | -455.79% | -542.63% |
| Income Tax | 27K | 0 | 24K | 4K | 45K | 28K | 65K | 59K | 63K |
| Effective Tax Rate % | -0.32% | 0% | -0.24% | -0.04% | -0.3% | -0.15% | -0.33% | -0.18% | -0.13% |
| Net Income | -8.44M▲ 0% | -7.24M▲ 14.2% | -10.04M▼ 38.7% | -10.54M▼ 5.0% | -14.92M▼ 41.5% | -18.49M▼ 24.0% | -19.92M▼ 7.7% | -32.01M▼ 60.7% | -48.79M▼ 52.4% |
| Net Margin % | -305.61% | -201.06% | -269.82% | -424.31% | -331.88% | -357.59% | -320.97% | -456.63% | -543.33% |
| Net Income Growth % | 0.27% | 14.2% | -38.67% | -5.02% | -41.48% | -23.95% | -7.71% | -60.7% | -52.43% |
| Net Income (Continuing) | -8.44M | -7.24M | -10.04M | -10.54M | -14.92M | -18.49M | -19.92M | -32.01M | -48.79M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -4265.93▲ 0% | -247.50▲ 94.2% | -72.00▲ 70.9% | -6.90▲ 90.4% | -2.03▲ 70.6% | -2.35▼ 15.8% | -0.82▲ 65.1% | -0.76▲ 7.3% | -0.76▲ 0.0% |
| EPS Growth % | 97.18% | 94.2% | 70.91% | 90.42% | 70.58% | -15.76% | 65.11% | 7.32% | 0% |
| EPS (Basic) | -4265.93 | -247.50 | -72.00 | -6.90 | -2.03 | -2.35 | -0.82 | -0.76 | -0.76 |
| Diluted Shares Outstanding | 1.98K | 30.77K | 139.33K | 1.51M | 7.35M | 7.87M | 24.27M | 41.93M | 73.47M |
| Basic Shares Outstanding | 1.98K | 30.77K | 139.33K | 1.51M | 7.35M | 7.87M | 24.27M | 41.93M | 73.47M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
InspireMD, Inc. (NSPR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 5.16M | 11.42M | 7.81M | 15.34M | 37.09M | 21.33M | 44.16M | 40.52M | 61.47M |
| Cash & Short-Term Investments | 3.71M | 9.38M | 5.51M | 12.64M | 34.04M | 17.8M | 39.02M | 34.64M | 54.21M |
| Cash Only | 3.71M | 9.38M | 5.51M | 12.64M | 12M | 4.63M | 9.64M | 18.92M | 8.94M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 22.04M | 13.17M | 29.38M | 15.72M | 45.27M |
| Accounts Receivable | 850K | 820K | 973K | 945K | 1.39M | 1.25M | 2.45M | 2.25M | 2.57M |
| Days Sales Outstanding | 112.37 | 83.12 | 95.44 | 138.8 | 112.79 | 88.02 | 144.24 | 117.38 | 104.39 |
| Inventory | 533K | 1.13M | 1.24M | 1.42M | 1.14M | 1.62M | 2.11M | 2.57M | 3.4M |
| Days Inventory Outstanding | 89.4 | 158.83 | 152.16 | 215.02 | 111.52 | 145.95 | 174.78 | 170.46 | 195.82 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 952K | 869K | 2.07M | 2.44M | 2.62M | 3.33M | 3.48M | 6.29M | 7.93M |
| Property, Plant & Equipment | 476K | 421K | 1.48M | 1.71M | 1.71M | 2.47M | 2.53M | 4.73M | 6.34M |
| Fixed Asset Turnover | 5.80x | 8.55x | 2.51x | 1.45x | 2.62x | 2.09x | 2.45x | 1.48x | 1.42x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 476K | 448K | 586K | 725K | 905K | 856K | 951K | 1.55M | 1.59M |
| Total Assets | 6.11M▲ 0% | 12.29M▲ 101.2% | 9.88M▼ 19.6% | 17.78M▲ 79.9% | 39.71M▲ 123.4% | 24.65M▼ 37.9% | 47.64M▲ 93.3% | 46.81M▼ 1.8% | 69.4M▲ 48.3% |
| Asset Turnover | 0.45x | 0.29x | 0.38x | 0.14x | 0.11x | 0.21x | 0.13x | 0.15x | 0.13x |
| Asset Growth % | -35.1% | 101.21% | -19.6% | 79.93% | 123.39% | -37.92% | 93.25% | -1.75% | 48.28% |
| Total Current Liabilities | 2.48M | 2.92M | 3.12M | 3.71M | 4.35M | 5.07M | 6.02M | 7.68M | 10.71M |
| Accounts Payable | 328K | 929K | 646K | 236K | 893K | 659K | 939K | 1.25M | 1.25M |
| Days Payables Outstanding | 55.02 | 130.12 | 79.52 | 35.86 | 87.13 | 59.33 | 77.93 | 83.17 | 72.37 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 20K | 25K | 20K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 1.12M | 992K | 661K | 1.24M | 1.51M | 1.85M | 2.19M | 3.41M | 9.46M |
| Current Ratio | 2.08x | 3.91x | 2.51x | 4.14x | 8.53x | 4.21x | 7.34x | 5.28x | 5.74x |
| Quick Ratio | 1.86x | 3.52x | 2.11x | 3.76x | 8.27x | 3.89x | 6.99x | 4.94x | 5.42x |
| Cash Conversion Cycle | 146.76 | 111.83 | 168.07 | 317.96 | 137.18 | 174.63 | 241.09 | 204.67 | 227.84 |
| Total Non-Current Liabilities | 898K | 605K | 1.38M | 1.91M | 1.83M | 2.19M | 2.12M | 3.04M | 3.49M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 653K | 999K | 781K | 1.2M | 1.04M | 1.8M | 2.22M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 898K | 605K | 729K | 910K | 1.05M | 995K | 1.08M | 1.25M | 1.27M |
| Total Liabilities | 3.38M | 3.52M | 4.5M | 5.61M | 6.18M | 7.26M | 8.14M | 10.72M | 14.2M |
| Total Debt | 0 | 0 | 1.01M | 1.4M | 1.2M | 1.61M | 1.59M | 2.34M | 2.22M |
| Net Debt | -3.71M | -9.38M | -4.5M | -11.25M | -10.8M | -3.02M | -8.04M | -16.58M | -6.71M |
| Debt / Equity | - | - | 0.19x | 0.12x | 0.04x | 0.09x | 0.04x | 0.06x | 0.04x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -46.32x | - | -49.08x | -64.88x | -93.73x | - | - | - | - |
| Total Equity | 2.73M▲ 0% | 8.76M▲ 221.3% | 5.38M▼ 38.6% | 12.16M▲ 126.0% | 33.53M▲ 175.7% | 17.39M▼ 48.1% | 39.5M▲ 127.1% | 36.09M▼ 8.6% | 55.2M▲ 53.0% |
| Equity Growth % | -32.58% | 221.34% | -38.57% | 125.95% | 175.69% | -48.13% | 127.11% | -8.65% | 52.97% |
| Book Value per Share | 1378.67 | 284.80 | 38.63 | 8.04 | 4.56 | 2.21 | 1.63 | 0.86 | 0.75 |
| Total Shareholders' Equity | 2.73M | 8.76M | 5.38M | 12.16M | 33.53M | 17.39M | 39.5M | 36.09M | 55.2M |
| Common Stock | 0 | 4K | 0 | 0 | 1K | 1K | 2K | 3K | 4K |
| Retained Earnings | -140.35M | -147.59M | -157.63M | -168.18M | -183.09M | -201.59M | -221.5M | -253.51M | -302.29M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
InspireMD, Inc. (NSPR) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -8.13M | -7.61M | -9.81M | -9.08M | -13.21M | -15.54M | -16.38M | -21.87M | -35.1M |
| Operating CF Margin % | -294.49% | -211.22% | -263.64% | -365.43% | -293.88% | -300.56% | -263.92% | -312% | -390.95% |
| Operating CF Growth % | -8.49% | 6.46% | -28.98% | 7.43% | -45.47% | -17.65% | -5.37% | -33.54% | -60.52% |
| Net Income | -8.44M | -7.24M | -10.04M | -10.54M | -14.92M | -18.49M | -19.92M | -32.01M | -48.79M |
| Depreciation & Amortization | 178K | 152K | 158K | 151K | 161K | 188K | 232K | 280K | 476K |
| Stock-Based Compensation | 672K | 70K | 325K | 606K | 1.58M | 2.35M | 4.49M | 10.14M | 12.33M |
| Deferred Taxes | 28K | -14K | 89K | 177K | 74K | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -511K | -392K | 8K | -4K | -28K | 14K | -381K | -1.02M | -231K |
| Working Capital Changes | -60K | -182K | -350K | 533K | -75K | 395K | -801K | 736K | 1.11M |
| Change in Receivables | -287K | -73K | -107K | 347K | -748K | 142K | -1.21M | 198K | -314K |
| Change in Inventory | -33K | -601K | -102K | -179K | 272K | -478K | -485K | -464K | -826K |
| Change in Payables | -290K | 584K | -283K | -410K | 657K | -234K | 280K | 315K | 1K |
| Cash from Investing | -318K | -44K | -387K | -187K | -22.46M | 8.44M | -16.09M | 12.64M | -30.56M |
| Capital Expenditures | -258K | -67K | -284K | -88K | -344K | -473K | -381K | -1.4M | -1.66M |
| CapEx % of Revenue | 9.34% | 1.86% | 7.63% | 3.54% | 7.65% | 9.15% | 6.14% | 20% | 18.51% |
| Acquisitions | 0 | 0 | 0 | 22K | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -60K | 23K | -103K | -121K | -113K | -86K | -67K | 28.49M | 27.94M |
| Cash from Financing | 4.63M | 13.37M | 6.33M | 16.39M | 35.03M | -140K | 37.53M | 18.45M | 55.57M |
| Debt Issued (Net) | -2.18M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 6.82M | 13.37M | 6.33M | 16.39M | 35.03M | 0 | 37.53M | 1.6M | 55.57M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -3.01M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -10K | 0 | 0 | 0 | 0 | -140K | 0 | 16.85M | 0 |
| Net Change in Cash | -3.81M▲ 0% | 5.67M▲ 249.1% | -3.87M▼ 168.2% | 7.13M▲ 284.3% | -641K▼ 109.0% | -7.37M▼ 1050.1% | 5.01M▲ 167.9% | 9.28M▲ 85.2% | -9.98M▼ 207.6% |
| Free Cash Flow | -8.39M▲ 0% | -7.67M▲ 8.5% | -10.09M▼ 31.6% | -9.17M▲ 9.2% | -13.55M▼ 47.8% | -16.02M▼ 18.2% | -16.76M▼ 4.6% | -23.27M▼ 38.9% | -36.77M▼ 58.0% |
| FCF Margin % | -303.84% | -213.08% | -271.27% | -368.97% | -301.54% | -309.71% | -270.06% | -332% | -409.46% |
| FCF Growth % | -11.2% | 8.54% | -31.55% | 9.16% | -47.82% | -18.16% | -4.63% | -38.87% | -57.99% |
| FCF per Share | -4241.15 | -249.37 | -72.45 | -6.06 | -1.85 | -2.03 | -0.69 | -0.55 | -0.50 |
| FCF Conversion (FCF/Net Income) | 0.96x | 1.05x | 0.98x | 0.86x | 0.89x | 0.84x | 0.82x | 0.68x | 0.72x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
InspireMD, Inc. (NSPR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -1539.76% | -249.2% | -126.02% | -141.95% | -120.19% | -65.29% | -72.62% | -70.01% | -84.68% | -106.88% |
| Return on Invested Capital (ROIC) | - | - | - | -5598.48% | -864.52% | -93.35% | -75.65% | -69.2% | -98.61% | -108.34% |
| Gross Margin | 5.39% | 21.19% | 27.63% | 20.32% | 3.34% | 16.77% | 21.6% | 29.12% | 21.49% | 29.5% |
| Net Margin | -446.73% | -305.61% | -201.06% | -269.82% | -424.31% | -331.88% | -357.59% | -320.97% | -456.63% | -543.33% |
| Debt / Equity | 0.66x | - | - | 0.19x | 0.12x | 0.04x | 0.09x | 0.04x | 0.06x | 0.04x |
| Interest Coverage | -9.53x | -46.32x | - | -49.08x | -64.88x | -93.73x | - | - | - | - |
| FCF Conversion | 0.89x | 0.96x | 1.05x | 0.98x | 0.86x | 0.89x | 0.84x | 0.82x | 0.68x | 0.72x |
| Revenue Growth | -18.01% | 45.78% | 30.42% | 3.33% | -33.22% | 80.89% | 15.04% | 20% | 12.96% | 28.11% |
InspireMD, Inc. (NSPR) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 4, 2026·SEC
May 1, 2026·SEC
Apr 3, 2026·SEC
InspireMD, Inc. (NSPR) stock FAQ — growth, dividends, profitability & financials explained
InspireMD, Inc. (NSPR) reported $9.0M in revenue for fiscal year 2025. This represents a 163% increase from $3.4M in 2009.
InspireMD, Inc. (NSPR) grew revenue by 28.1% over the past year. This is strong growth.
InspireMD, Inc. (NSPR) reported a net loss of $48.8M for fiscal year 2025.
InspireMD, Inc. (NSPR) has a return on equity (ROE) of -106.9%. Negative ROE indicates the company is unprofitable.
InspireMD, Inc. (NSPR) had negative free cash flow of $36.8M in fiscal year 2025, likely due to heavy capital investments.
InspireMD, Inc. (NSPR) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates