Handelsavisen
prelaunch
Companies Healthcare INSP.K
IN
INSP.K NYSE Health Care Equipment & Supplies

Insp.K

$51,07
Open in Charts → Attach watcher ⌖
USD
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
P/E
EV / Rev
Div yield
Op margin
5,6 %
ROE
18,6 %
Net margin
15,9 %
Debt / equity
Beta
52w range
Volume
Day range
Prev close
$51,07
Open
Next earnings
2026-10-28
Ex-dividend
TR 1Y
About

Inspire Medical Systems Inc (INSP.K) operates in the Health Care Equipment & Supplies industry, generating revenue through the sale of medical devices and related services.

Business. Inspire Medical Systems Inc (INSP.K) operates in the Health Care Equipment & Supplies industry, generating revenue through the sale of medical devices and related services.

Classification85 %
SectorHealth Care
Industry groupHealth Care Equipment & Supplies
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
  • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
Wellington Management Company, LLP
largest disclosed fund holder
Profitability
18,6 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning INSP.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care · THIS SECTOR+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to INSP.K. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Company
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Inspire Medical Systems Inc (INSP.K) operates in the Health Care Equipment & Supplies industry, generating revenue through the sale of medical devices and related services.

    Classification85 %
    SectorHealth Care
    Industry groupHealth Care Equipment & Supplies
    AI synthesis
    GENERATED

    (a) Capital structure and liquidity are characterized by a conservative balance sheet with zero debt-to-equity ratio and $104.8 million in cash and equivalents against $126.2 million in total liabilities. The company maintains a low liquidity risk profile, supported by $117.0 million in operating cash flow, which exceeds its $38.5 million capital expenditure requirement, indicating strong internal cash generation capabilities.

    (b) Profitability metrics demonstrate strong returns, with a return on equity of 18.62% and a return on assets of 16.03%. The company reported net income of $145.4 million on revenue of $912.0 million, resulting in a net margin of approximately 15.9%, while operating income stood at $51.0 million, suggesting significant non-operating income or tax benefits contributing to the bottom line.

    Key takeaways
    • The company maintains a debt-free balance sheet with a $104.8 million cash position, resulting in a zero debt-to-equity ratio.
    • Strong profitability is evidenced by an 18.62% return on equity and 16.03% return on assets.
    • Operating cash flow of $117.0 million significantly exceeds capital expenditures of $38.5 million, ensuring robust liquidity.
    • Net income of $145.4 million exceeds operating income of $51.0 million, indicating material non-operating contributions.
    • Low risk profile is confirmed by low liquidity and dilution risk assessments with no immediate flags.
    • Lack of historical data and segment breakdowns limits the depth of growth and concentration analysis.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $51,07
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $781.2M
    Net cash
    $104.8M
    Current ratio
    Debt / equity
    ROA
    16.0%
    ROE
    18.6%
    Cash conversion
    80.0%
    CapEx / revenue
    4.2%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution18 analysts
    Strong buy1
    Buy3
    Hold12
    Sell2
    Strong sell0
    12-month price target$61,40 · Median $55,00
    Low $39,00High $180,00
    Operating income · consensus24,8M USD
    EPS surprise
    +400,0 %
    reported vs consensus · beat
    Revenue surprise
    +8,1 %
    reported vs consensus · beat

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$39,00
    Mean$61,40
    Median$55,00
    High$180,00
    Spot$51,07
    +20.2 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin5,6 %Above median
    Net Margin16,0 %Above P75
    ROE18,6 %Above P75
    Capex / Rev4,2 %Above P75
    D/E0,00Above median
    Cash Conv0,80Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    • Reference data
    How metrics are computed
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Capex To Revenue
      capital_expenditure / revenue
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    Source documents
    • Inspire Medical Systems, Inc. Market data — financials · 2026-07-30
    • reconciler_enqueue (reconciler) on INSP.K · 2026-07-30

    Ownership & reference

    Top holders

    • Wellington Management Company, LLPInvestment Managers · as of 2026-03-310,02 %$131M
    • Nuveen LLCInvestment Managers · as of 2024-12-310,01 %$28M
    • AQR Capital Management, LLCInvestment Managers · as of 2026-03-310,01 %$16M
    • UBS Financial Services, Inc.Investment Managers · as of 2026-03-310,01 %$33M
    • BlackRock Institutional Trust Company, N.A.Investment Managers · as of 2024-06-300,01 %$249M
    • Morgan Stanley Smith Barney LLCInvestment Managers · as of 2026-03-310,00 %$75M
    • Goldman Sachs Asset Management, L.P.Investment Managers · as of 2026-03-310,00 %$34M
    • Vanguard Capital Management, LLCInvestment Managers · as of 2025-12-310,00 %$272M
    • Principal Global Investors (Equity)Investment Managers · as of 2026-03-310,00 %$7M
    • First Trust Advisors L.P.Investment Managers · as of 2026-03-310,00 %$4M
    • Dimensional Fund Advisors, L.P.Investment Managers · as of 2026-03-310,00 %$12M
    • Victory Capital Management Inc.Investment Managers · as of 2026-03-310,00 %$3M
    • AMERIPRISE FINANCIAL INCInstitutional Investor · as of 2026-03-310,00 %$7M
    • State Street Investment Management (US)Investment Managers · as of 2026-03-310,00 %$49M
    • Geode Capital Management, L.L.C.Investment Managers · as of 2026-03-310,00 %$26M
    • Charles Schwab Investment Management, Inc.Investment Managers · as of 2026-03-310,00 %$9M
    • Bank of New York Mellon CorpInstitutional Investor · as of 2026-03-310,00 %$8M
    • Northern Trust Investments, Inc.Investment Managers · as of 2026-03-310,00 %$10M
    • T. Rowe Price Associates, Inc.Investment Managers · as of 2026-03-310,00 %$0M
    • Invesco QQQ TrustFunds · as of 2026-03-310,00 %$5M
    • Franklin Advisers, Inc.Investment Managers · as of 2026-03-310,00 %$2M
    • AllianceBernstein L.P.Investment Managers · as of 2026-03-310,00 %$1M
    • JANUS HENDERSON GROUP PLCInstitutional Investor · as of 2026-03-310,00 %$1M
    • American Century Investment Management, Inc.Investment Managers · as of 2026-03-310,00 %$1M
    • LPL Financial LLCInvestment Managers · as of 2026-03-310,00 %$1M
    • FMR LLCInstitutional Investor · as of 2026-03-310,00 %$2M
    • Wells Fargo AdvisorsBrokerage Firms · as of 2026-03-310,00 %$0M
    • JONES FINANCIAL COMPANIES LLLPInstitutional Investor · as of 2026-03-310,00 %$0M
    • PNC Investments LLCInvestment Managers · as of 2026-03-310,00 %$0M

    Leadership

    • Timothy P. HerbertPresident, Chief Executive Officer, Director

    Insider activity

    Net selling0 buys · 3 sellsnet -$176K16 insiders · last 365d
    • CARREL MICHAEL HDirector · Common StockOther 5 631 · 2026-07-20
    • Tansey Casey MDirector · Common StockOther 346 · 2026-07-15
    • Melenikiotou GeorgiaDirector · Common StockOther 344 · 2026-07-15
    • Broader Shelley GDirector · Common StockOther 383 · 2026-07-15
    • Ellis Gary LeeDirector · Common StockOther 581 · 2026-07-15
    • Rondoni JohnSee Remarks · Common StockSold 2 641 @ $43,28$114K · 2026-05-15
    • Rondoni JohnSee Remarks · Common StockSold 700 @ $43,01$30K · 2026-05-14
    • mcCormick ShawnDirector · Common StockSold 696 @ $45,31$32K · 2026-05-08
    • Melenikiotou GeorgiaDirector · Common StockOther 50 @ $56,70$3K · 2026-05-01
    • Mead Dana G Jr.Director · Common StockOther 3 562 · 2026-04-30
    • Tansey Casey MDirector · Common StockOther 3 562 · 2026-04-30
    • Curet MyriamDirector · Common StockOther 3 562 · 2026-04-30
    • Burks CynthiaDirector · Common StockOther 3 562 · 2026-04-30
    • Broader Shelley GDirector · Common StockOther 3 562 · 2026-04-30
    • mcCormick ShawnDirector · Common StockOther 3 562 · 2026-04-30
    • Melenikiotou GeorgiaDirector · Common StockOther 3 562 · 2026-04-30
    • Ellis Gary LeeDirector · Common StockOther 3 562 · 2026-04-30
    • Melenikiotou GeorgiaDirector · Common StockOther 307 @ $52,07$16K · 2026-04-15
    • Broader Shelley GDirector · Common StockOther 342 @ $52,07$18K · 2026-04-15
    • Ellis Gary LeeDirector · Common StockOther 518 @ $52,07$27K · 2026-04-15
    • Tansey Casey MDirector · Common StockOther 308 @ $52,07$16K · 2026-04-15
    • Herbert Timothy P.Director, CEO and President · Common StockOther 9 005 · 2026-02-20
    • Herbert Timothy P.Director, CEO and President · Common StockOther 4 010 @ $59,53$239K · 2026-02-20
    • Herbert Timothy P.Director, CEO and President · Common StockOther 62 153 · 2026-02-20
    • Phillips Bryan KSee Remarks · Common StockOther 2 400 · 2026-02-20

    Short positioning

    4.3Mshares short-7.5% vs prior
    4.16days to cover
    49.4%short of daily vol
    4.0Kfails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    INSP.KCanonical
    NYSE · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    • R&D expense (YoY) (2025-12-31 vs 2024-12-31): -9.6%Derived (calculated)
    • Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 13.3%Derived (calculated)
    • Total assets (YoY) (2025-12-31 vs 2024-12-31): 12.2%Derived (calculated)
    • Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 6.3%Derived (calculated)
    • Net margin (FY 2025-12-31): 15.9%Derived (calculated)
    • Gross margin (FY 2025-12-31): 85.4%Derived (calculated)
    • Return on equity (FY 2025-12-31): 18.6%Derived (calculated)
    • Return on assets (FY 2025-12-31): 16.0%Derived (calculated)
    • Current ratio (FY 2025-12-31): 6.08xDerived (calculated)
    • Debt-to-equity (FY 2025-12-31): 0.16xDerived (calculated)
    • Capex (YoY) (2025-12-31 vs 2024-12-31): -1.6%Derived (calculated)
    • Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): -30.2%Derived (calculated)
    • Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): 8.3%Derived (calculated)
    • EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 175.0%Derived (calculated)
    • EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 179.4%Derived (calculated)
    • Gross profit (YoY) (2025-12-31 vs 2024-12-31): 14.6%Derived (calculated)
    • Net income (YoY) (2025-12-31 vs 2024-12-31): 171.8%Derived (calculated)
    • Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -10.2%Derived (calculated)
    • Operating income (YoY) (2025-12-31 vs 2024-12-31): 41.2%Derived (calculated)
    • Revenue (YoY) (2025-12-31 vs 2024-12-31): 13.6%Derived (calculated)
    • Shareholders' equity (annual): USD 781.16MSEC XBRL filing
    • Current liabilities (annual): USD 96.06MSEC XBRL filing
    • Shares outstanding (annual): 28.58MSEC XBRL filing
    • Current assets (annual): USD 583.65MSEC XBRL filing
    Showing 24 of 60 surfaced claims.
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date
    2026-08-03 00:00 UTCTRANSCRIPTEarnings call — Q3 2026
    2026-07-20INSIDERCARREL MICHAEL H transacted 5.6k sh — Director
    2026-07-15INSIDERTansey Casey M transacted 346 sh — Director
    2026-07-15INSIDERMelenikiotou Georgia transacted 344 sh — Director
    2026-07-15INSIDERBroader Shelley G transacted 383 sh — Director
    2026-07-15INSIDEREllis Gary Lee transacted 581 sh — Director
    2026-05-15 00:00 UTCINSIDER4 insider transactions — 2026-05 · net sell $179k
    2026-05-15 00:00 UTCINSIDER4 insider transactions — 2026-05 · net sell $179k
    2026-05-15INSIDERRondoni John sold 2.6k sh — See Remarks ~$114k
    2026-05-14INSIDERRondoni John sold 700 sh — See Remarks ~$30k
    2026-05-08INSIDERmcCormick Shawn sold 696 sh — Director ~$32k
    2026-05-05FILING8-K filing →
    2026-05-04FILING10-Q filing →
    2026-05-04FILING8-K filing →
    2026-05-01INSIDERMelenikiotou Georgia transacted 50 sh — Director ~$3k
    2026-04-30 00:00 UTCINSIDER12 insider transactions — 2026-04
    2026-04-30 00:00 UTCINSIDER12 insider transactions — 2026-04
    2026-04-30INSIDERMead Dana G Jr. transacted 3.6k sh — Director
    2026-04-30INSIDERTansey Casey M transacted 3.6k sh — Director
    2026-04-30INSIDERCuret Myriam transacted 3.6k sh — Director
    2026-04-30INSIDERBurks Cynthia transacted 3.6k sh — Director
    2026-04-30INSIDERBroader Shelley G transacted 3.6k sh — Director
    2026-04-30INSIDERmcCormick Shawn transacted 3.6k sh — Director
    2026-04-30INSIDERMelenikiotou Georgia transacted 3.6k sh — Director
    2026-04-30INSIDEREllis Gary Lee transacted 3.6k sh — Director
    2026-04-15INSIDERMelenikiotou Georgia transacted 307 sh — Director ~$16k
    2026-04-15INSIDERBroader Shelley G transacted 342 sh — Director ~$18k
    2026-04-15INSIDEREllis Gary Lee transacted 518 sh — Director ~$27k
    2026-04-15INSIDERTansey Casey M transacted 308 sh — Director ~$16k
    2026-03-20FILINGDEF 14A filing →
    2026-02-20 00:00 UTCINSIDER19 insider transactions — 2026-02 · net sell $535k
    2026-02-20 00:00 UTCINSIDER19 insider transactions — 2026-02 · net sell $535k
    2026-02-20INSIDERHerbert Timothy P. transacted 9.0k sh — Director, CEO and President
    2026-02-20INSIDERHerbert Timothy P. transacted 4.0k sh — Director, CEO and President ~$239k
    2026-02-20INSIDERHerbert Timothy P. transacted 62.2k sh — Director, CEO and President
    2026-02-20INSIDERPhillips Bryan K transacted 2.4k sh — See Remarks
    2026-02-13FILING10-K filing →
    2026-02-11FILING8-K filing →
    2026-01-12FILING8-K filing →
    Showing the 40 most recent of 45 entries.
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data Premium coverage