R&D expense · 2016–2025

Inspire Medical Systems R&D expense

$103M−9.6% · FY2025

Inspire Medical Systems (INSP) reported $103M in R&D expense for fiscal 2025, −9.6% year on year.

$7.1M2016$6.2M2017$7.4M2018$12.8M2019$26.1M2020$37.4M2021$68.6M2022$117M2023$114M2024$103M2025
Inspire Medical Systems — R&D expense, 2016–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$103M−9.6%Open →
FY20242024-12-31$114M−2.1%Open →
FY20232023-12-31$117M+69.8%Open →
FY20222022-12-31$68.6M+83.8%Open →
FY20212021-12-31$37.4M+43.1%Open →
FY20202020-12-31$26.1M+103.2%Open →
FY20192019-12-31$12.8M+73.8%Open →
FY20182018-12-31$7.4M+19.3%Open →
FY20172017-12-31$6.2M−12.6%Open →
FY20162016-12-31$7.1M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2016–2025 compound annual growth +34.6%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Inspire Medical Systems R&D expense |url=https://companiesranked.com/en/company/inspire-medical-systems/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Inspire Medical Systems R&D expense. CompaniesRanked. https://companiesranked.com/en/company/inspire-medical-systems/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-inspire-medical-systems-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Inspire Medical Systems R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/inspire-medical-systems/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001609550-26-000016 · February 13, 2026

{{cite web |title=Inspire Medical Systems R&D expense — 10-K (0001609550-26-000016) |url=https://www.sec.gov/Archives/edgar/data/1609550/000160955026000016/insp-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-13}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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