Inspire Medical Systems, Inc.

INSPNYSEHealthcare● Active

$41.94

+$0.75(+1.82%)

Market Cap$1.2B

P/E Ratio—

52W High$147.03

52W Low$38.91

Avg Volume1.1M

Open$40.85

Beta0.73

Cash on Hand Financials Revenue

Inspire Medical Systems, Inc. (INSP) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

INSP · cash on hand · updated Dec 31, 2025

Core cash position

as of Dec 31, 2025

Cash & Short-Term Investments (CCE + ST Investments)

$308.3M▼ -30.8% vs prior year

FY · as of Dec 31, 2025 · Reported in USD

Cash & Cash Equiv. (CCE)

$104.8M

cashAndCashEquivalents

Short-Term Investments

$203.5M

shortTermInvestments

YoY Change vs Prior Year

-30.8%

vs prior fiscal year

Latest Quarter

$283.8M

Q1 2026

Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash vs Debt · Balance Sheet Health

Cash & ST Investments$308.3MCash on Hand

Total Debt$32.2MTotal Debt

Net Cash / Net Debt+$276.1MNet Cash Position

Cash vs Debt Ratio

Cash 91%Inspire Medical Systems, Inc. cash as % of market cap: 25.51%% · MCap $1BDebt 9%

Inspire Medical Systems, Inc. has a net cash position of $276.1M, holding more cash than debt.

Net Cash = Cash & ST Investments − Total Debt$308.3M − $32.2M = +$276.1M

Cash on hand history

annual cash on hand trend · Cash & Short-Term Investments

YoY Increase

YoY Decrease

Latest Year

INSP annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

INSP cash & short-term investments history

DatePeriodCash & ST InvestmentsYoY Change

Dec 31, 2025LatestFY$308.3M-30.8%

Dec 31, 2024FY$445.5M-3.2%

Dec 31, 2023FY$460.4M+2.0%

Dec 31, 2022FY$451.4M+110.5%

Dec 31, 2021FY$214.5M-8.5%

INSP cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Healthcare Sector Cash Reserves Comparison

INSP vs peers · cash on hand

#CompanyCash & ST Inv.Market CapCash/MCapRelative

UnitedHealth Group Incorporated

Eli Lilly and Company

Inspire Medical Systems, Inc.YOU

INSP

$308.3M$1B25.5%

Healthcare sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

Inspire Medical Systems, Inc. (INSP) cash on hand as of December 31, 2025 is $308.3M, comprising $104.8M in cash and cash equivalents (CCE) plus $203.5M in short-term investments — reported as Inspire Medical Systems, Inc. cash and short-term investments on the balance sheet (10-K filing). Also referred to as Inspire Medical Systems, Inc. cash reserves or cash position.

Inspire Medical Systems, Inc. annual cash on hand history shows decreased -30.8% in 2025: decreased -30.8% in 2025. Inspire Medical Systems, Inc. cash reserves in 2025 reflect the company's capital allocation strategy.

Inspire Medical Systems, Inc. carries total debt of $32.2M against cash of $308.3M, resulting in a net cash position of +$276.1M. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.

Financial statements Free cash flow Net income Revenue Market cap P/E ratio Earnings Price history

Frequently asked questions

INSP cash on hand · 5 questions

As of December 31, 2025, Inspire Medical Systems, Inc. (INSP) has $308,268,000 in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $104,813,000 in cash and cash equivalents (CCE) plus $203,455,000 in short-term investments. Latest quarter (March 31, 2026): $283,834,000. Data sourced from the annual 10-K filing via FMP.

INSP cash on handINSP cash reservesINSP cash 2025how much cash does INSP have

▸ Source: FMP /balance-sheet-statement · US GAAP · Inspire Medical Systems, Inc. · Inspire Medical Systems, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025