Inspire Medical Systems Inc (INSP)

Net profit margin

		Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Net income (ttm)	US$ in thousands	33,048	6,011	-15,734	-21,153	-32,766	-41,073	-43,611	-44,881	-50,422	-43,922	-42,520	-42,042	-47,135	-47,173	-57,174	-57,203	-58,799	-56,661	-41,222	-33,243
Revenue (ttm)	US$ in thousands	755,594	705,705	660,912	624,799	570,191	525,421	465,221	406,179	346,139	298,755	260,292	231,266	199,415	173,576	132,804	113,797	94,694	80,247	86,622	82,050
Net profit margin		4.37%	0.85%	-2.38%	-3.39%	-5.75%	-7.82%	-9.37%	-11.05%	-14.57%	-14.70%	-16.34%	-18.18%	-23.64%	-27.18%	-43.05%	-50.27%	-62.09%	-70.61%	-47.59%	-40.52%

September 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $33,048K ÷ $755,594K
= 4.37%

The net profit margin of Inspire Medical Systems Inc has shown significant variability over the past several quarters. The trend indicates that the company's profitability has fluctuated, with some periods showing positive margins while others displayed negative margins.

The net profit margin, which represents the percentage of revenue that translates into profit after all expenses have been deducted, has ranged from -70.61% to 4.37% over the past 20 quarters. This indicates that Inspire Medical Systems has experienced challenges in consistently generating profits in relation to its revenue.

The company has faced periods of low profitability, with negative margins recorded in multiple quarters, including reaching lows of -70.61%, -62.09%, and -43.05%. These negative margins suggest that, during these periods, the company's expenses outweighed its revenue, resulting in losses.

On the positive side, there have been quarters where Inspire Medical Systems achieved a net profit margin as high as 4.37%. These periods indicate successful cost management and revenue generation efforts, leading to profitability.

Overall, the fluctuating net profit margin for Inspire Medical Systems Inc highlights the importance of closely monitoring and managing expenses to ensure sustainable profitability and long-term financial health.