Inspire Medical Systems Debt-to-Equity Ratio Growth & History (INSP)
Inspire Medical Systems's debt-to-equity ratio was 0.04 for fiscal 2025.
View full Inspire Medical Systems company overviewInspire Medical Systems annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.04 | −0.00 | −10.70% |
| 2024 | 2024-12-31 | 0.05 | 0.00 | +6.22% |
| 2023 | 2023-12-31 | 0.04 | 0.03 | +142.63% |
| 2022 | 2022-12-31 | 0.02 | −0.13 | −87.81% |
| 2021 | 2021-12-31 | 0.15 | 0.01 | +10.94% |
| 2020 | 2020-12-31 | 0.13 | −0.05 | −26.98% |
| 2019 | 2019-12-31 | 0.18 | 0.03 | +21.24% |
| 2018 | 2018-12-31 | 0.15 | — | — |
Inspire Medical Systems quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.04 | −0.01 | −27.75% |
| Q1 2026 | 2026-03-31 | 0.04 | −0.02 | −29.27% |
| Q4 2025 | 2025-12-31 | 0.04 | −0.00 | −10.70% |
| Q3 2025 | 2025-09-30 | 0.05 | 0.01 | +34.43% |
| Q2 2025 | 2025-06-30 | 0.05 | 0.01 | +26.96% |
| Q1 2025 | 2025-03-31 | 0.05 | 0.01 | +26.77% |
| Q4 2024 | 2024-12-31 | 0.05 | 0.00 | +6.22% |
| Q3 2024 | 2024-09-30 | 0.04 | −0.01 | −21.40% |
| Q2 2024 | 2024-06-30 | 0.04 | −0.01 | −12.98% |
| Q1 2024 | 2024-03-31 | 0.04 | 0.02 | +145.44% |
| Q4 2023 | 2023-12-31 | 0.04 | 0.03 | +142.63% |
| Q3 2023 | 2023-09-30 | 0.05 | 0.03 | +138.21% |
| Q2 2023 | 2023-06-30 | 0.04 | −0.09 | −67.36% |
| Q1 2023 | 2023-03-31 | 0.02 | −0.13 | −88.69% |
| Q4 2022 | 2022-12-31 | 0.02 | −0.13 | −87.81% |
| Q3 2022 | 2022-09-30 | 0.02 | −0.12 | −86.02% |
| Q2 2022 | 2022-06-30 | 0.14 | −0.00 | −2.59% |
| Q1 2022 | 2022-03-31 | 0.15 | 0.01 | +9.78% |
| Q4 2021 | 2021-12-31 | 0.15 | 0.01 | +10.94% |
| Q3 2021 | 2021-09-30 | 0.14 | 0.03 | +29.31% |
| Q2 2021 | 2021-06-30 | 0.14 | 0.03 | +30.57% |
| Q1 2021 | 2021-03-31 | 0.14 | −0.06 | −30.67% |
| Q4 2020 | 2020-12-31 | 0.13 | −0.05 | −26.98% |
| Q3 2020 | 2020-09-30 | 0.11 | −0.06 | −35.95% |
| Q2 2020 | 2020-06-30 | 0.11 | −0.05 | −33.82% |
| Q1 2020 | 2020-03-31 | 0.20 | 0.04 | +26.51% |
| Q4 2019 | 2019-12-31 | 0.18 | 0.03 | +21.24% |
| Q3 2019 | 2019-09-30 | 0.17 | −0.08 | −32.69% |
| Q2 2019 | 2019-06-30 | 0.16 | −0.08 | −32.73% |
| Q1 2019 | 2019-03-31 | 0.16 | — | — |
| Q4 2018 | 2018-12-31 | 0.15 | — | — |
| Q3 2018 | 2018-09-30 | 0.25 | — | — |
| Q2 2018 | 2018-06-30 | 0.24 | — | — |
Inspire Medical Systems debt-to-equity ratio trends
Over the last five fiscal years, Inspire Medical Systems's debt-to-equity ratio decreased from 0.13 to 0.04, a change of −0.09. The latest reported quarter, Q2 2026, shows 0.04.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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