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Inspire Medical Systems (INSP)

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Earnings summaries and quarterly performance for Inspire Medical Systems.

Research analysts who have asked questions during Inspire Medical Systems earnings calls.

Adam Maeder

Adam Maeder

Piper Sandler Companies

4 questions for INSP

Also covers: ABT, AXNX, EW +13 more
AP

Anthony Petrone

Mizuho Group

4 questions for INSP

Also covers: ADMA, ALC, BSX +22 more
Brett Fishbin

Brett Fishbin

KeyBanc Capital Markets

4 questions for INSP

Also covers: ALC, COO, ICUI +6 more
DA

Danielle Antalffy

UBS Group AG

4 questions for INSP

Also covers: ABT, ATRC, BAX +15 more
DR

David Rescott

Baird

4 questions for INSP

Also covers: HAE, IRTC, LIVN +7 more
Jonathan Block

Jonathan Block

Stifel Financial Corp.

4 questions for INSP

Also covers: ALGN, COO, CUTR +11 more
RN

Richard Newitter

Truist Securities

4 questions for INSP

Also covers: AXNX, DXCM, GKOS +18 more
RM

Robert Marcus

JPMorgan Chase & Co.

4 questions for INSP

Also covers: ABT, BAX, BDX +21 more
SS

Shagun Singh Chadha

RBC Capital Markets

4 questions for INSP

Also covers: AXNX, DXCM, GMED +11 more
Travis Steed

Travis Steed

Bank of America

4 questions for INSP

Also covers: ABT, AXNX, BAX +19 more
Christopher Pasquale

Christopher Pasquale

Nephron Research

3 questions for INSP

Also covers: ALC, AXGN, BSX +12 more
LB

Larry Biegelsen

Wells Fargo & Company

3 questions for INSP

Also covers: ABT, ALC, AXNX +24 more
Michael Polark

Michael Polark

Wolfe Research

3 questions for INSP

Also covers: BSX, DXCM, EMBC +11 more
MS

Michael Sarcone

Jefferies

3 questions for INSP

Also covers: ALC, AXGN, CTSO +11 more
Michael Kratky

Michael Kratky

Leerink Partners

2 questions for INSP

Also covers: AXGN, BBNX, DXCM +6 more
SK

Suraj Kalia

Oppenheimer & Co. Inc.

2 questions for INSP

Also covers: ABT, AORT, ATRC +14 more
BN

Brett Netson

Leerink Partners

1 question for INSP

Chris Pasquale

Chris Pasquale

Nephron Research LLC

1 question for INSP

Also covers: ALC, AXGN, BSX +7 more
Kallum Titchmarsh

Kallum Titchmarsh

Morgan Stanley

1 question for INSP

Also covers: ATEC, AXNX, EMBC +5 more
LB

Lawrence Biegelsen

Wells Fargo

1 question for INSP

Also covers: ABT, ALC, BAX +16 more
Mike Kratky

Mike Kratky

Leerink Partners

1 question for INSP

Also covers: AXGN, DXCM, MDT +4 more
Mike Polark

Mike Polark

Wolfe Research, LLC

1 question for INSP

Also covers: BBNX, BSX, DXCM +6 more

Recent press releases and 8-K filings for INSP.

Inspire Medical Systems, Inc. Announces Preliminary Q4 and Full Year 2025 Results, 2026 Guidance, and New CFO
INSP
Earnings
Guidance Update
CFO Change
  • Inspire Medical Systems, Inc. announced preliminary, unaudited revenue for Q4 2025 between $268.9 million and $269.1 million, an approximately 12% increase over Q4 2024, and full year 2025 revenue between $911.8 million and $912.0 million, a 14% increase over full year 2024.
  • The company provided initial full year 2026 revenue guidance of $1,003 million to $1,013 million, representing a 10% to 11% increase over full year 2025. This outlook does not include any contribution from increased reimbursement at this time.
  • Matt Osberg has been appointed as Executive Vice President and Chief Financial Officer, with a start date of January 19, 2026.
3 days ago
Inspire (INSP) Pre-Announces 2025 Revenue, Provides 2026 Guidance, and Announces New CFO
INSP
Guidance Update
Product Launch
CFO Change
  • Inspire (INSP) pre-announced full-year 2025 revenue of approximately $912 million.
  • The company issued initial revenue guidance for 2026 between $1.003 billion and $1.013 billion, reflecting 10%-11% growth, which excludes any contributions from increased reimbursement.
  • The Inspire 5 neurostimulator system launch has been successful, with 100% of physicians trained and 90% of centers on the SleepSync program. The new system reduces procedure time to 30-45 minutes.
  • Inspire is actively working with agencies to clarify reimbursement for the Inspire 5 procedure, asserting that 64568 best describes the procedure and is currently being billed.
  • Matt Osberg will join Inspire as the new Chief Financial Officer later in January.
3 days ago
Inspire Medical Systems Provides 2025 Revenue Update and 2026 Guidance, Announces New CFO
INSP
Guidance Update
Product Launch
CFO Change
  • Inspire pre-announced Q4 and full-year 2025 revenue and provided initial 2026 revenue guidance, which does not include any contributions from increased reimbursement.
  • The Inspire V neurostimulator system launch has seen strong adoption, with 100% of physicians trained and reduced procedure times, contributing to significant momentum in Q4 2025.
  • The company is actively working to clarify reimbursement for code 64568, which was billed for Inspire V procedures throughout 2025.
  • Matt Osberg will join Inspire as the new CFO in late January.
  • Inspire is developing future innovations, including Inspire VI for auto sleep detection and a dual-channel device to treat high BMI patients.
3 days ago
Inspire Pre-Announces 2025 Revenue, Provides 2026 Guidance, and Announces New CFO
INSP
Guidance Update
Product Launch
CFO Change
  • Inspire pre-announced full-year 2025 revenue of approximately $912 million and provided initial 2026 revenue guidance of $1.003 billion to $1.013 billion, representing 10%-11% growth. This guidance does not include contributions from increased reimbursement.
  • The Inspire 5 system has fully launched with high adoption rates, and the company is developing Inspire 6 as a software upgrade for auto sleep detection to improve therapy adherence.
  • Inspire is actively working with relevant agencies to clarify reimbursement for the 64568 procedure code, which was billed and paid for Inspire 5 procedures throughout 2025.
  • Matt Osberg will join Inspire as the new CFO later in January.
3 days ago
Inspire Medical Systems Announces Preliminary Q4 and Full Year 2025 Results and 2026 Guidance
INSP
Earnings
Guidance Update
Management Change
  • Inspire Medical Systems, Inc. anticipates preliminary fourth quarter 2025 revenue to be between $268.9 million and $269.1 million, an approximate 12% increase over the same quarter of 2024.
  • Preliminary full year 2025 revenue is expected to range from $911.8 million to $912.0 million, representing an approximate 14% increase over full year 2024.
  • The company provided initial full year 2026 revenue guidance of $1,003 million to $1,013 million, which would be a 10% to 11% increase over full year 2025.
  • Matt Osberg has been appointed as the new Executive Vice President and Chief Financial Officer, with a start date of January 19, 2026.
3 days ago
Inspire Medical Systems Faces Securities Fraud Lawsuit Following Stock Drop
INSP
Legal Proceedings
Guidance Update
Product Launch
  • Inspire Medical Systems (INSP) is facing a class action lawsuit for securities fraud following a more than 32% stock drop on August 5, 2025.
  • The lawsuit alleges the company failed to adequately prepare for the launch of its Inspire V device, resulting in significant delays in adoption and weak demand.
  • On August 4, 2025, Inspire disclosed an "elongated timeframe" for the Inspire V launch and reduced its 2025 earnings per share guidance by more than 80%.
  • This disclosure caused the stock price to drop $42.04 per share, from $129.95 on August 4, 2025, to $87.91 on August 5, 2025.
  • Investors have until January 5, 2026, to ask the Court to be appointed to lead the case.
Jan 2, 2026, 2:07 PM
Inspire Medical Systems Faces Securities Fraud Lawsuit Over Inspire V Launch Failures
INSP
Legal Proceedings
Profit Warning
Product Launch
  • A securities class action lawsuit has been filed against Inspire Medical Systems (INSP), alleging the company concealed critical operational failures surrounding the launch of its next-generation device, the Inspire V.
  • The lawsuit claims Inspire Medical misled investors by assuring "operational readiness" while issues such as delayed Medicare claims processing software updates until July 1, 2025, and an excess inventory of the older Inspire IV device, stalled the Inspire V rollout.
  • These alleged concealments led to Inspire Medical slashing its 2025 EPS guidance by over 80% and a $42.04 per share drop, representing a 32.4% decline in stock value.
  • The class period for investors is between August 6, 2024, and August 4, 2025, with a Lead Plaintiff Deadline of January 5, 2026.
Jan 1, 2026, 2:00 PM
Inspire Medical Systems Faces Securities Class Action Over Inspire V Launch Issues
INSP
Legal Proceedings
Product Launch
Guidance Update
  • Faruqi & Faruqi, LLP is investigating Inspire Medical Systems (INSP), and a federal securities class action has been filed against the company, with a lead plaintiff deadline of January 5, 2026.
  • The lawsuit alleges that Inspire Medical made false or misleading statements regarding the Inspire V device, specifically concerning market demand and launch preparedness, impacting investors who purchased securities between August 6, 2024, and August 4, 2025.
  • On August 4, 2025, Inspire Medical disclosed significant setbacks for the Inspire V launch, including delayed training for treatment centers, billing and reimbursement issues, weak demand, and excess inventory.
  • These issues prompted Inspire Medical to cut its 2025 earnings guidance by over 80%.
  • Following these disclosures, Inspire's stock price fell more than 32% on August 5, 2025, wiping out approximately $1.2 billion in market capitalization.
Dec 26, 2025, 3:45 PM
Inspire Medical Systems Faces Securities Class Action Lawsuit
INSP
Legal Proceedings
Guidance Update
Product Launch
  • Bernstein Litowitz Berger & Grossmann LLP (BLB&G) filed a securities class action lawsuit against Inspire Medical Systems, Inc. and certain senior executives, covering investors who purchased common stock between August 6, 2024, and August 4, 2025.
  • The lawsuit alleges misrepresentations concerning the launch of the Inspire V device, specifically regarding issues with demand, reimbursement codes, and the readiness of treatment centers for training and IT integration.
  • The alleged truth became apparent on August 4, 2025, when Inspire announced an 80% reduction in its full-year earnings per share guidance, leading to a 32.4% decline in its common stock price, or $42.04 per share.
Dec 22, 2025, 10:33 PM
Inspire Medical Systems Faces Securities Fraud Lawsuit
INSP
Legal Proceedings
Demand Weakening
Profit Warning
  • A securities class action lawsuit has been filed against Inspire Medical Systems, Inc. (INSP), alleging the company misled investors by concealing critical operational failures during the launch of its next-generation Inspire V device.
  • The lawsuit claims that undisclosed issues, including Medicare claims software failures and an excess inventory of the older Inspire IV device, led to a catastrophic guidance cut and a $42.04 per share stock drop, representing a 32.4% decline in value.
  • Investors who purchased INSP securities between August 6, 2024, and August 4, 2025, are part of the Class Period, with a Lead Plaintiff Deadline of January 5, 2026.
Dec 22, 2025, 1:50 PM