Company / Operating Margin
Inspire Medical Systems, Inc. Operating Margin History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
5.6%
FY2025
5-year range
-48.7% / 5.6%
FY2021-FY2025
Trend
+24.5%
vs FY2024
Sector context
#72 of 148
Health Care
What the data says
At 5.6%, Inspire Medical Systems, Inc.'s operating margin ranks #72 of 148 in the Health Care sector. Operating Margin has increased for 3 consecutive years, from -48.7% in FY2022 to 5.6% in FY2025.
Based on SEC 10-K filings.
5.6% in FY2025 with a 5-year CAGR of +54.3%.
Improved from -6.5% to 5.6% over the past 2 years.
Health Care sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +54.3pp
- 5-Year Change
- +54.3pp
- 10-Year Change
- -
Sector benchmark
#72 of 148 in Health CareTop 49% of 148This company 5.6% Sector average -284.8%
▼
+102.0% above sector average
Key checks
Key Insights
- Inspire Medical Systems, Inc.'s operating margin has grown for 3 consecutive years.
- In FY2025, operating margin increased 24.5% year-over-year.
- Currently 290.4pp above the Health Care sector average.
- Lowest operating margin in the period was in FY2017.
Company context
Key Data Points
- Altman Z-Score 4.03 (safe zone, above 2.9 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 5.6% | +24.5% |
| FY2024 | 4.5% | +169.6% |
| FY2023 | -6.5% | +86.8% |
| FY2022 | -48.7% | -185.4% |
| FY2021 | -17.1% | +65.0% |
| FY2020 | -48.7% | -14.6% |
| FY2019 | -42.5% | -5.6% |
| FY2018 | -40.3% | +28.1% |
| FY2017 | -56.0% | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026