Inspire Medical Systems, Inc.

INSP Healthcare Medical Devices

Inspire Medical Systems, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $912.0 million, up 13.6% from fiscal 2024.

Revenue
−7.93%
EPS
−348.0%
Free cash flow
−33.1%

Quarter to September 2026, against a year earlier

64.39 2.14 −3.22%
Market cap
$1.9B
P/E
19.1×
Fwd P/E
−1,627×
Dividend yield
—
F-score
6/9
Altman Z
14.49
Beneish M
−1.88
Dividend safety
n/a

Inspire Medical Systems, Inc. (INSP) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Inspire Medical Systems, Inc. (INSP) trades at a P/E ratio of 19.1×. Over the past ten years it has ranged from 0.0× (June 2024) to 1,084× (September 2024); the current reading is higher than 81% of that period. That is below the Medical Devices industry median of 25.6× and below the Healthcare sector median of 25.2×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 18.4× (82.26%)
FY2024 104× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period P/E ratio Change
Sep 2026 19.9× 108.39%
Jun 2026 9.6× (15.93%)
Mar 2026 11.4× (38.03%)
Dec 2025 18.4× (62.86%)
35 more quarters

Against its own ten years

Low 0.0× High 1,084×
Ten-year median 0.0×
Current reading's percentile 81

P/E ratio against peers

Company P/E ratio
BFLY Butterfly Network, Inc. compare n/m
ESTA Establishment Labs Holdings Inc. compare n/m
NVCR NovoCure Limited compare n/m
ENOV Enovis Corporation compare n/m
ALMR Alamar Biosciences, Inc. compare n/m
TMDX TransMedics Group, Inc. compare 16.4×
INSP Inspire Medical Systems, Inc. 19.1×
CNMD CONMED Corporation compare 21.7×
UFPT UFP Technologies, Inc. compare 30.1×
Medical Devices industry median 25.6×
Healthcare sector median 25.2×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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