Inogen financials
$5.37−1.29%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $348.7M | $335.7M | $315.7M | $377.2M | $358.0M | $308.5M | $361.9M | $358.1M | $249.4M | $202.8M |
| Gross profit | $154.3M | $154.7M | $126.7M | $153.5M | $176.5M | $138.2M | $171.9M | $178.6M | $121.2M | $97.3M |
| Gross margin | 44.2% | 46.1% | 40.1% | 40.7% | 49.3% | 44.8% | 47.5% | 49.9% | 48.6% | 48.0% |
| Operating income | -$30.2M | -$42.5M | -$109.4M | -$33.1M | $9.2M | -$12.0M | $19.8M | $37.9M | $27.6M | $22.9M |
| Net income | -$22.7M | -$35.9M | -$102.4M | -$83.8M | -$6.3M | -$5.8M | $20.9M | $51.8M | $21.0M | $20.5M |
| Net margin | −6.5% | −10.7% | −32.5% | −22.2% | −1.8% | −1.9% | 5.8% | 14.5% | 8.4% | 10.1% |
| Diluted EPS | $-0.86 | $-1.52 | $-4.42 | $-3.67 | $-0.28 | $-0.27 | $0.94 | $2.30 | $0.96 | $0.97 |
| EBITDA | -$9.5M | -$21.5M | -$58.3M | -$9.6M | $30.9M | $6.6M | $33.6M | $49.2M | $39.9M | $36.4M |
| Operating cash flow | -$11.2M | $5.9M | -$3.2M | -$22.1M | $23.6M | $37.0M | $39.8M | $60.0M | $60.5M | $31.0M |
| Free cash flow | -$13.7M | $2.6M | -$8.5M | -$43.4M | -$302.0K | $19.7M | $33.5M | $47.4M | $53.6M | $23.1M |
| Diluted shares | 26.6M | 23.7M | 23.2M | 22.9M | 22.5M | 22.0M | 22.2M | 22.5M | 21.9M | 21.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $103.7M | $113.8M | $125.5M | $187.0M | $235.5M | $212.0M |
| Short-term investments | $15.8M | $0.00 | $3.0M | $0.00 | $10.0M | $19.3M |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $298.6M | $296.2M | $326.2M | $405.0M | $489.5M | $461.9M |
| Total liabilities | $106.4M | $122.3M | $121.4M | $107.6M | $119.3M | $112.2M |
| Shareholders' equity | $192.2M | $173.9M | $204.8M | $297.4M | $370.2M | $349.6M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology