Inogen R&D Spending Growth & History (INGN)
Inogen's r&d spending was $19.4M for fiscal 2025.
View full Inogen company overviewInogen annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $19.4M | −$2.2M | −10.23% |
| 2024 | 2024-12-31 | $21.6M | $770,000 | +3.69% |
| 2023 | 2023-12-31 | $20.8M | −$1.1M | −5.03% |
| 2022 | 2022-12-31 | $21.9M | $5.4M | +32.38% |
| 2021 | 2021-12-31 | $16.6M | $2.5M | +17.73% |
| 2020 | 2020-12-31 | $14.1M | $4.7M | +49.77% |
| 2019 | 2019-12-31 | $9.4M | $2.4M | +33.75% |
| 2018 | 2018-12-31 | $7.0M | $1.7M | +32.30% |
| 2017 | 2017-12-31 | $5.3M | $200,000 | +3.91% |
| 2016 | 2016-12-31 | $5.1M | $933,000 | +22.32% |
| 2015 | 2015-12-31 | $4.2M | $1.2M | +40.41% |
| 2014 | 2014-12-31 | $3.0M | $579,000 | +24.15% |
| 2013 | 2013-12-31 | $2.4M | $136,000 | +6.01% |
| 2012 | 2012-12-31 | $2.3M | — | — |
Inogen quarterly r&d spending
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $5.9M | $662,000 | +12.71% |
| Q1 2026 | 2026-03-31 | $5.1M | $1.1M | +26.35% |
| Q4 2025 | 2025-12-31 | $5.3M | −$582,000 | −9.87% |
| Q3 2025 | 2025-09-30 | $4.8M | $1.3M | +37.58% |
| Q2 2025 | 2025-06-30 | $5.2M | −$407,000 | −7.25% |
| Q1 2025 | 2025-03-31 | $4.0M | −$2.5M | −38.67% |
| Q4 2024 | 2024-12-31 | $5.9M | −$816,000 | −12.15% |
| Q3 2024 | 2024-09-30 | $3.5M | −$971,000 | −21.63% |
| Q2 2024 | 2024-06-30 | $5.6M | $1.3M | +30.82% |
| Q1 2024 | 2024-03-31 | $6.6M | $1.2M | +23.09% |
| Q4 2023 | 2023-12-31 | $6.7M | $780,000 | +13.14% |
| Q3 2023 | 2023-09-30 | $4.5M | −$92,000 | −2.01% |
| Q2 2023 | 2023-06-30 | $4.3M | −$1.8M | −29.21% |
| Q1 2023 | 2023-03-31 | $5.3M | −$20,000 | −0.37% |
| Q4 2022 | 2022-12-31 | $5.9M | $1.3M | +26.69% |
| Q3 2022 | 2022-09-30 | $4.6M | $827,000 | +22.03% |
| Q2 2022 | 2022-06-30 | $6.1M | $1.9M | +47.08% |
| Q1 2022 | 2022-03-31 | $5.4M | $1.3M | +33.60% |
| Q4 2021 | 2021-12-31 | $4.7M | $1.0M | +27.49% |
| Q3 2021 | 2021-09-30 | $3.8M | $243,000 | +6.92% |
| Q2 2021 | 2021-06-30 | $4.1M | $833,000 | +25.32% |
| Q1 2021 | 2021-03-31 | $4.0M | $410,000 | +11.37% |
| Q4 2020 | 2020-12-31 | $3.7M | $46,000 | +1.27% |
| Q3 2020 | 2020-09-30 | $3.5M | $875,000 | +33.19% |
| Q2 2020 | 2020-06-30 | $3.3M | $1.8M | +124.11% |
| Q1 2020 | 2020-03-31 | $3.6M | $1.9M | +116.00% |
| Q4 2019 | 2019-12-31 | $3.6M | $1.9M | +108.27% |
| Q3 2019 | 2019-09-30 | $2.6M | $540,000 | +25.76% |
| Q2 2019 | 2019-06-30 | $1.5M | −$307,000 | −17.30% |
| Q1 2019 | 2019-03-31 | $1.7M | $253,000 | +17.87% |
| Q4 2018 | 2018-12-31 | $1.7M | $373,000 | +27.25% |
| Q3 2018 | 2018-09-30 | $2.1M | $721,000 | +52.44% |
| Q2 2018 | 2018-06-30 | $1.8M | $515,000 | +40.87% |
| Q1 2018 | 2018-03-31 | $1.4M | $107,000 | +8.17% |
| Q4 2017 | 2017-12-31 | $1.4M | $153,000 | +12.58% |
| Q3 2017 | 2017-09-30 | $1.4M | $25,000 | +1.85% |
| Q2 2017 | 2017-06-30 | $1.3M | −$119,000 | −8.63% |
| Q1 2017 | 2017-03-31 | $1.3M | $141,000 | +12.07% |
| Q4 2016 | 2016-12-31 | $1.2M | −$10,000 | −0.82% |
| Q3 2016 | 2016-09-30 | $1.4M | $234,000 | +20.97% |
| Q2 2016 | 2016-06-30 | $1.4M | $404,000 | +41.44% |
| Q1 2016 | 2016-03-31 | $1.2M | $305,000 | +35.34% |
| Q4 2015 | 2015-12-31 | $1.2M | $561,000 | +84.36% |
| Q3 2015 | 2015-09-30 | $1.1M | $318,000 | +39.85% |
| Q2 2015 | 2015-06-30 | $975,000 | $96,000 | +10.92% |
| Q1 2015 | 2015-03-31 | $863,000 | $228,000 | +35.91% |
| Q4 2014 | 2014-12-31 | $665,000 | $84,000 | +14.46% |
| Q3 2014 | 2014-09-30 | $798,000 | $124,000 | +18.40% |
| Q2 2014 | 2014-06-30 | $879,000 | $239,000 | +37.34% |
| Q1 2014 | 2014-03-31 | $635,000 | $132,000 | +26.24% |
| Q4 2013 | 2013-12-31 | $581,000 | — | — |
| Q3 2013 | 2013-09-30 | $674,000 | — | — |
| Q2 2013 | 2013-06-30 | $640,000 | — | — |
| Q1 2013 | 2013-03-31 | $503,000 | — | — |
Inogen r&d spending trends
Over the last five fiscal years, Inogen's r&d spending increased from $14.1M to $19.4M, a change of $5.3M. The latest reported quarter, Q2 2026, shows $5.9M.
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Inogen source filings ↗