Insmed annual net debt
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2025
Insmed Net Debt Growth & History (INSM)
Insmed's net debt was $76.2M for fiscal 2025.
View full Insmed company overviewInsmed annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $76.2M | −$517.6M | −87.16% |
| 2024 | 2024-12-31 | $593.8M | −$127.8M | −17.71% |
| 2023 | 2023-12-31 | $721.6M | $617.8M | +595.01% |
| 2022 | 2022-12-31 | $103.8M | $208.3M | — |
| 2021 | 2021-12-31 | −$104.5M | $23.4M | — |
| 2020 | 2020-12-31 | −$127.9M | −$37.5M | — |
| 2019 | 2019-12-31 | −$90.4M | $88.1M | — |
| 2018 | 2018-12-31 | −$178.5M | $147.1M | — |
| 2017 | 2017-12-31 | −$325.6M | −$217.8M | — |
| 2016 | 2016-12-31 | −$107.8M | $149.9M | — |
| 2015 | 2015-12-31 | −$257.7M | −$123.4M | — |
| 2014 | 2014-12-31 | −$134.4M | −$40.2M | — |
| 2013 | 2013-12-31 | −$94.2M | −$22.9M | — |
| 2012 | 2012-12-31 | −$71.3M | −$56.8M | — |
| 2011 | 2011-12-31 | −$14.4M | −$3.9M | — |
| 2010 | 2010-12-31 | −$10.6M | — | — |
Insmed quarterly net debt
Q4.10
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
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Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
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Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $35.1M | $743.9M | — |
| Q1 2026 | 2026-03-31 | −$1.9M | −$742.0M | — |
| Q4 2025 | 2025-12-31 | $76.2M | −$517.6M | −87.16% |
| Q3 2025 | 2025-09-30 | $241.5M | −$296.9M | −55.14% |
| Q2 2025 | 2025-06-30 | −$708.8M | −$679.4M | — |
| Q1 2025 | 2025-03-31 | $740.1M | $125.1M | +20.35% |
| Q4 2024 | 2024-12-31 | $593.8M | −$127.8M | −17.71% |
| Q3 2024 | 2024-09-30 | $538.4M | −$171.7M | −24.18% |
| Q2 2024 | 2024-06-30 | −$29.4M | −$604.2M | — |
| Q1 2024 | 2024-03-31 | $615.0M | $399.2M | +184.96% |
| Q4 2023 | 2023-12-31 | $721.6M | $617.8M | +595.01% |
| Q3 2023 | 2023-09-30 | $710.1M | $294.9M | +71.05% |
| Q2 2023 | 2023-06-30 | $574.8M | $160.3M | +38.67% |
| Q1 2023 | 2023-03-31 | $215.8M | −$104.8M | −32.68% |
| Q4 2022 | 2022-12-31 | $103.8M | $208.3M | — |
| Q3 2022 | 2022-09-30 | $415.1M | $660.5M | — |
| Q2 2022 | 2022-06-30 | $414.5M | $749.5M | — |
| Q1 2022 | 2022-03-31 | $320.6M | $322.7M | — |
| Q4 2021 | 2021-12-31 | −$104.5M | $23.4M | — |
| Q3 2021 | 2021-09-30 | −$245.3M | −$56.2M | — |
| Q2 2021 | 2021-06-30 | −$335.0M | −$91.8M | — |
| Q1 2021 | 2021-03-31 | −$2.2M | $27.8M | — |
| Q4 2020 | 2020-12-31 | −$127.9M | −$37.5M | — |
| Q3 2020 | 2020-09-30 | −$189.1M | −$27.9M | — |
| Q2 2020 | 2020-06-30 | −$243.2M | −$10.7M | — |
| Q1 2020 | 2020-03-31 | −$30.0M | $23.9M | — |
| Q4 2019 | 2019-12-31 | −$90.4M | $88.1M | — |
| Q3 2019 | 2019-09-30 | −$161.2M | $94.5M | — |
| Q2 2019 | 2019-06-30 | −$232.4M | $94.8M | — |
| Q1 2019 | 2019-03-31 | −$53.9M | $330.0M | — |
| Q4 2018 | 2018-12-31 | −$178.5M | $147.1M | — |
| Q3 2018 | 2018-09-30 | −$255.7M | $119.6M | — |
| Q2 2018 | 2018-06-30 | −$327.2M | −$291.3M | — |
| Q1 2018 | 2018-03-31 | −$383.9M | −$313.0M | — |
| Q4 2017 | 2017-12-31 | −$325.6M | −$217.8M | — |
| Q3 2017 | 2017-09-30 | −$375.3M | −$209.5M | — |
| Q2 2017 | 2017-06-30 | −$35.9M | $162.4M | — |
| Q1 2017 | 2017-03-31 | −$70.8M | $157.2M | — |
| Q4 2016 | 2016-12-31 | −$107.8M | $149.9M | — |
| Q3 2016 | 2016-09-30 | −$165.8M | $120.1M | — |
| Q2 2016 | 2016-06-30 | −$198.3M | $111.7M | — |
| Q1 2016 | 2016-03-31 | −$228.1M | −$118.5M | — |
| Q4 2015 | 2015-12-31 | −$257.7M | −$123.4M | — |
| Q3 2015 | 2015-09-30 | −$286.0M | −$138.6M | — |
| Q2 2015 | 2015-06-30 | −$310.0M | −$247.1M | — |
| Q1 2015 | 2015-03-31 | −$109.6M | −$28.1M | — |
| Q4 2014 | 2014-12-31 | −$134.4M | −$40.2M | — |
| Q3 2014 | 2014-09-30 | −$147.4M | −$39.1M | — |
| Q2 2014 | 2014-06-30 | −$62.9M | −$7.9M | — |
| Q1 2014 | 2014-03-31 | −$81.4M | −$21.5M | — |
| Q4 2013 | 2013-12-31 | −$94.2M | −$22.9M | — |
| Q3 2013 | 2013-09-30 | −$108.4M | −$72.1M | — |
| Q2 2013 | 2013-06-30 | −$54.9M | −$35.6M | — |
| Q1 2013 | 2013-03-31 | −$59.9M | −$38.1M | — |
| Q4 2012 | 2012-12-31 | −$71.3M | −$56.8M | — |
| Q3 2012 | 2012-09-30 | −$36.3M | −$25.9M | — |
| Q2 2012 | 2012-06-30 | −$19.4M | −$9.7M | — |
| Q1 2012 | 2012-03-31 | −$21.8M | — | — |
| Q4 2011 | 2011-12-31 | −$14.4M | −$3.9M | — |
| Q3 2011 | 2011-09-30 | −$10.3M | — | — |
| Q2 2011 | 2011-06-30 | −$9.7M | — | — |
| Q4 2010 | 2010-12-31 | −$10.6M | — | — |
Insmed net debt trends
Over the last five fiscal years, Insmed's net debt increased from −$127.9M to $76.2M, a change of $204.1M. The latest reported quarter, Q2 2026, shows $35.1M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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