Inspire Medical Systems Inc (INSP)

Net profit margin

		Dec 31, 2024	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
Net income (ttm)	US$ in thousands	53,509	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
Revenue (ttm)	US$ in thousands	802,804	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
Net profit margin		6.67%	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%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $53,509K ÷ $802,804K
= 6.67%

Inspire Medical Systems Inc's net profit margin has shown a significant improvement over the past few years. Initially, the company had negative net profit margins, with values ranging from -47.59% to -70.61% in the period from March 2020 to June 2021. However, starting from September 2021, there was a noticeable trend of improvement, with the net profit margin gradually decreasing.

By December 2024, Inspire Medical Systems Inc achieved a positive net profit margin of 6.67%, indicating that the company started generating profits after consecutive periods of losses. This turnaround suggests that the company has been able to effectively manage its expenses and increase its revenue, resulting in improved profitability over time. Overall, the positive net profit margin in December 2024 reflects Inspire Medical Systems Inc's enhanced financial performance and potential for sustained profitability in the future.