Inspire Medical Systems Net Debt Growth & History (INSP)

Inspire Medical Systems's net debt was −$72.7M for fiscal 2025.

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Inspire Medical Systems annual net debt history

Inspire Medical Systems annual net debt

Fiscal yearPeriod endedNet debtChangeGrowth
20252025-12-31−$72.7M$45.7M
20242024-12-31−$118.4M$42.3M
20232023-12-31−$160.7M$272.0M
20222022-12-31−$432.7M−$251.9M
20212021-12-31−$180.9M−$20.7M
20202020-12-31−$160.1M−$162.6M
20192019-12-31$2.5M$75.3M
20182018-12-31−$72.8M

Inspire Medical Systems net debt trends

Over the last five fiscal years, Inspire Medical Systems's net debt increased from −$160.1M to −$72.7M, a change of $87.5M. The latest reported quarter, Q2 2026, shows −$98.7M.

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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