Inogen, Inc INGN

5.36 0.13 2.49% as of 25 Sep
Market cap
$138.8M
P/E
0.0×

Insider Decisions

Total sells 0.14
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — 1 — 1 — —
Insider Ownership 5.49%

Capital & Financial Ratios

Market Cap 138.80
Revenue 354.30
Net Income (24.59)
Free Cash Flow (7.86)
Net Debt (106.84)
Current Ratio 2.74
Debt/Equity 0.00
P/E ratio 0.00
P/S ratio 0.41
P/B ratio 0.83
Past 5Y EPS Growth —
This Y EPS Growth 11.05%
Next Y EPS Growth 37.91%
Next 5Y EPS Growth 32.03%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 128 117 121 107
Receivables 43 30 39 46
Inventory 22 25 26 29
Other — — — —
207 185 198 194
2023 2024 2025 Q'26
Payables 30 27 34 40
ST’ Debt — — — —
Other 20 23 10 10
72 77 64 71
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 8.17% 2.48% (2.59%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 3.67% (11.28%) (13.54%)

Revenue

Mar Jun Sep Dec Year
’26 85 95 — — —
’25 82 92 92 82 349
’24 78 89 89 80 336
’23 72 84 84 76 316
’22 80 103 105 88 377
’21 87 102 93 76 358
’20 88 72 74 74 308
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (7) 3 — — —
’25 (17) 4 2 (1) (11)
’24 (5) 7 7 (3) 6
’23 (6) 4 2 (3) (3)
’22 (18) 6 (9) (15) (38)
’21 3 17 (3) 6 24
’20 1 14 7 16 37
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (7) 1 — — —
’25 (17) 3 1 (2) (14)
’24 (6) 5 5 (3) 0
’23 (7) 1 1 (5) (9)
’22 (19) 5 (10) (16) (41)
’21 1 15 (4) 6 18
’20 (1) 12 6 15 32
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.30) (0.14) — — —
’25 (0.25) (0.15) (0.20) (0.26) (0.86)
’24 (0.62) (0.24) (0.25) (0.41) (1.52)
’23 (0.88) (0.42) (1.97) (1.14) (4.42)
’22 (0.62) (0.15) (0.42) (2.47) (3.67)
’21 (0.03) 0.22 0.53 (1.01) (0.28)
’20 (0.07) 0.12 (0.08) (0.23) (0.27)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
28.81 62.69 110.51 41.19 26.57 29.28 19.08 4.13 5.08 5.70

Analyst estimates 2026–2028

Powerpack
Low Price
69.36 130.05 287.79 155.75 68.68 82.35 36.30 26.11 13.33 12.91
High Price
166 770 1,099 1,020 938 1,021 1,026 834 766 753
Employees
1 0 0 0 0 0 0 0 0 0
Revenue/Emp
203 249 358 362 308 358 377 316 336 349
Revenue
47.98% 48.60% 49.87% 47.48% 44.79% 49.30% 40.70% 40.14% 46.09% 44.24%
Gross Margin
23 30 40 24 (5) 9 (83) (102) (36) (23)
EBT
11.20% 11.89% 11.30% 6.71% (1.71%) 2.42% (22.07%) (32.42%) (10.87%) (6.71%)
EBT Margin
21 21 52 21 (6) (6) (84) (102) (36) (23)
Net Income
14 12 11 14 19 22 24 18 21 21
Depreciation
10.11 12.06 16.84 16.59 14.03 15.92 16.51 13.62 14.19 13.11
Revenue/Sh
1.02 1.02 2.44 0.96 (0.27) (0.28) (3.67) (4.42) (1.52) (0.86)
Earnings/Sh
1.55 2.92 2.82 1.86 1.68 1.05 (1.64) (0.14) 0.25 (0.42)
Cash Flow/Sh
(0.09) (0.30) (0.39) (0.16) (0.21) (0.25) (0.15) (0.25) (0.23) (0.09)
Capex/Sh
1.46 2.62 2.43 1.70 1.47 0.80 (1.79) (0.39) 0.02 (0.52)
Free CF/Sh
9.07 10.98 14.60 15.79 15.91 16.46 13.01 8.84 7.35 7.23
Book Value/Sh
20 21 21 22 22 22 23 23 24 27
Shares
64.56 117.99 50.89 71.18 0.00 0.00 0.00 0.00 0.00 0.00
PE Ratio
6.49 9.88 7.37 4.12 3.18 2.14 1.20 0.42 0.65 0.51
PS Ratio
7.22 10.86 8.51 4.33 2.81 2.07 1.53 0.64 1.25 0.93
PB Ratio
5.92 9.19 6.70 3.56 2.47 1.52 0.77 0.08 0.36 0.23
EV/Sales
41.20 42.31 49.73 34.64 23.50 30.29 (7.10) (2.87) 263.49 (4.54)
EV/FCF
31 60 60 41 37 24 (38) (3) 6 (11)
Op' Cash Flow
(2) (6) (8) (3) (5) (6) (3) (6) (5) (3)
Capex
29 54 52 37 32 18 (41) (9) 0 (14)
FCF
139 195 268 242 249 268 239 135 109 135
Working Cap'
— — — 2 2 3 4 — — —
Total Debt
(114) (174) (240) (207) (229) (242) (183) (128) (117) (121)
Net Debt
182 227 310 345 350 370 297 205 174 192
Sh' Equity
10.93% 8.59% 15.93% 5.09% (1.28%) (1.33%) (18.73%) (28.02%) (11.53%) (7.65%)
ROA
20.95% 32.48% 33.80% 8.99% (6.25%) 4.51% (46.77%) (89.55%) (47.08%) (26.45%)
ROIC
12.98% 10.27% 19.29% 6.40% (1.68%) (1.76%) (25.10%) (40.80%) (18.95%) (12.43%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Inogen, Inc peers in Medical Devices

Company Market cap P/E Compare
OWLT Owlet, Inc. $148.2M 0.0× Compare
QTRX Quanterix Corporation $150.4M 0.0× Compare
MXCT MaxCyte, Inc. $122.8M 0.0× Compare
APYX Apyx Medical Corporation $119.2M 0.0× Compare
Company Market cap P/E Compare
LUCD Lucid Diagnostics Inc. $170.3M 0.0× Compare
QSI Quantum-Si Incorporated $172.9M 0.0× Compare
ECOR electroCore, Inc. $102.3M 0.0× Compare
RXST RxSight, Inc. $196.7M 0.0× Compare

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Inogen, Inc (INGN) key facts

  • Inogen, Inc (INGN) is a Medical Devices company in the Healthcare sector, listed on Nasdaq.
  • Inogen, Inc’s revenue for fiscal 2025 (year ended December 2025) was $348.7 million, up 3.86% from fiscal 2024.
  • Inogen, Inc reported a net loss of $22.7 million, or a loss of $0.86 per share, for fiscal 2025.
  • As of September 25, 2026, INGN traded at $5.36, a market capitalization of $138.8 million.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 0.4× sales.
  • Return on equity was −12.4% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Inogen, Inc (INGN) Latest News

News by impact score

Fine-tune

17 Aug

3

Inogen cut its financial guidance despite climbing profitability. Guidance cut signals potential revenue pressure that may weigh on valuation even as profits rise.

14 Aug

3 transcript

Inogen (INGN) held its Q2 2026 earnings call covering financial results, operational updates, and forward outlook. Quarterly earnings and guidance typically affect short-term sentiment and valuation without guaranteeing long-term strategic shifts.

11 Aug

4

Inogen lowers 2026 revenue outlook due to ongoing U.S. channel pressure. Revenue guidance cut signals sustained channel weakness that will likely weigh on financial trajectory and investor sentiment.

10 Aug

3

Inogen Q2 earnings exceeded estimates with year-over-year sales growth, yet the company cut its 2026 outlook. Q2 beat offset by 2026 guidance cut creating moderate effects on near-term performance and sentiment.

7 Aug

4 transcript

Inogen, Inc. released its Q2 2026 earnings call summary covering financial results, operational updates, and forward guidance. Q2 2026 earnings call supplies financial metrics and strategic outlook that directly shape near-term valuation and investor positioning.

4 transcript

Inogen Inc reported strong international growth and new developments in its Q2 2026 earnings call. Strong international growth and new developments signal major positive shifts in revenue and market position.

6 Aug

3 transcript

Inogen's Q2 earnings call covered financial results, operational updates, and future guidance. Q2 earnings details can moderately influence views on financial performance and strategy.

3

Inogen, Inc. announced its second quarter 2026 financial results. Quarterly earnings releases update financial performance metrics that influence near-term market expectations.

10 May

3

Inogen (INGN) investment narrative shifts amid new analyst price targets and growing questions on execution capabilities. New targets and execution doubts may noticeably affect INGN's financial performance and market sentiment without fundamentally altering its path.

8 May

4

Inogen, Inc. Q1 2026 earnings call summary details quarterly financial results, operational updates, and future guidance. Q1 earnings summary provides major insights into financial health, revenue growth, and strategic outlook impacting stock trajectory.

4

Inogen, Inc. released highlights from its Q1 earnings call, covering financial results, business updates, and forward guidance. Q1 earnings call highlights provide critical financial metrics, operational updates, and outlook that significantly shape INGN's stock performance and investor expectations.

3

Inogen, Inc. (INGN) stock dipped following a Q1 earnings miss, despite year-over-year sales growth and improved gross margin. Q1 earnings miss drove stock decline amid sales increases and margin gains, signaling moderate financial and sentiment impact.

7 May

4

Inogen, Inc. (INGN) announced first quarter 2026 financial results. Quarterly earnings announcements provide critical financial data that can significantly sway stock performance and future outlook.

3

Inogen (INGN) reported a first-quarter net loss while beating revenue estimates. Quarterly earnings showing revenue beat despite loss moderately affects financial performance and market sentiment.

16 Apr

4

Inogen unveiled a growth plan at the Needham Conference, appointing a new CFO and advancing Voxi 5, Simeox, and Aurora Mask products. Growth plan announcement with new CFO and key product pushes represents major strategic moves and innovations poised to significantly enhance competitive positioning and investor sentiment.

30 Mar

4

Inogen, Inc. announces key leadership appointments, including Scott Wilkinson as CEO, Aaron Franke as CFO, and others, to accelerate the next phase of growth amid recent operational challenges. Strategic leadership appointments targeting accelerated growth represent a major shift likely to alter Inogen's trajectory and boost investor sentiment.

20 Mar

4

Inogen CEO reports turnaround driving positive EBITDA with expansion into $3B TAM beyond portable oxygen concentrators. Turnaround to positive EBITDA and $3B TAM expansion represent major strategic growth beyond core operations.

25 Feb

4

Inogen, Inc. released Q4 2025 earnings call summary highlighting financial results, operational updates, and future outlook. Quarterly earnings summaries reveal financial performance and guidance that significantly sway stock price and investor expectations.

4

Inogen, Inc. released Q4 earnings call highlights detailing financial performance, strategic updates, and future outlook. Q4 earnings highlights disclose financial results and guidance that significantly influence investor sentiment and stock trajectory.

4

Inogen Inc reported robust revenue growth in Q4 2025 earnings call, alongside key strategic initiatives to drive future expansion and operational efficiency. Revenue growth and strategic initiatives represent major positive shifts in financial performance and competitive positioning.

3

Inogen stock dips despite Q4 earnings beat and year-over-year revenue growth. Earnings beat and revenue increase positively affect financial performance but stock decline limits overall trajectory shift.

24 Feb

4

Inogen, Inc. (INGN) released Q4 earnings snapshot reporting financial results for the quarter. Quarterly earnings snapshots significantly affect stock price, investor sentiment, and future performance projections.

4

Inogen announced fourth quarter and full year 2025 financial results and provided 2026 financial outlook. Financial results and forward outlook directly shape investor sentiment and stock trajectory.

4

Inogen, Inc. (INGN) announced a $30 million share repurchase program to buy back shares of its common stock, reflecting confidence in its business and commitment to enhancing shareholder value. $30 million share repurchase signals management's belief in undervaluation and aims to boost EPS and stock price significantly.

3

Inogen (INGN) reported a Q4 loss and missed revenue estimates. Q4 loss and revenue miss indicate weakening financials, moderately impacting stock performance and sentiment.

17 Feb

3

Inogen (INGN) may report negative earnings next week, continuing a downward trend highlighted by analysts. Expected negative earnings could moderately impact financial performance and investor sentiment ahead of the release.

11 Feb

3

Inogen, Inc. (INGN) experienced a notable increase of 6.6% in its stock price, raising questions about the potential for further gains. Analysts are evaluating the factors contributing to this rise and whether the momentum can be sustained in the coming weeks. Market sentiment appears optimistic, but investors are advised to consider the broader market conditions and company fundamentals before making decisions. The stock's recent surge indicates a moderately noticeable influence on market sentiment and potential financial performance.

10 Feb

3

Inogen, Inc. (INGN) has experienced a 10% decline in its stock price over the past four weeks. Analysts suggest that this downturn may be nearing a reversal due to potential upcoming product innovations and market adjustments. Investors are advised to monitor the company's strategic moves closely, as these could influence future performance and market sentiment. The anticipated product innovations and market adjustments may moderately influence Inogen's financial performance and competitive positioning.

3

Insider buying activity at Inogen, Inc. has been noted, with several executives purchasing shares of the company. This trend is often seen as a positive signal regarding the company's future prospects and can influence investor sentiment. The increased insider ownership may indicate confidence in the company's direction and potential growth. Insider purchases can positively influence market sentiment and reflect confidence in the company's future performance.

2 Feb

4

Inogen, Inc. is positioned for growth due to increasing demand for portable oxygen concentrators and a strong product pipeline. The company has reported positive financial results, highlighting its ability to capture market share in the respiratory care sector. Strategic initiatives, including expanding distribution channels and enhancing customer service, are expected to bolster its competitive edge. Analysts suggest that the stock is undervalued, making it an attractive addition for investors looking for long-term gains. The company's strategic initiatives and positive financial outlook are likely to significantly impact its future performance and market position.

stockrow.com/INGN · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com