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Inspire Medical Systems Valuation Multiples
Discover revenue and EBITDA valuation multiples for Inspire Medical Systems and similar public comparables like Artivion, Qingdao Baheal Medical, AddLife, Nihon Kohden and more.
Inspire Medical Systems Overview
About Inspire Medical Systems
Inspire Medical Systems Inc operates as a medical technology company. It focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA). It offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for moderate to severe obstructive sleep apnea. The firm has operating footprints in the United States and All other countries wherein, it generates a majority of its revenue from the United States. Its segment revenues are derived from the sales of its product, the Inspire system, to hospitals and ambulatory surgery centers in the U.S. and in selected countries in Europe and the Asia Pacific region.
Founded
2007
HQ

Employees
1.3K
Website
Financials (LTM)
EV
$2B
Inspire Medical Systems Financials
Inspire Medical Systems reported last 12-month revenue of $926M and EBITDA of $207M.
In the same LTM period, Inspire Medical Systems generated $792M in gross profit, $207M in EBITDA, and $122M in net income.
Revenue (LTM)
Inspire Medical Systems P&L
In the most recent fiscal year, Inspire Medical Systems reported revenue of $912M and EBITDA of $203M.
Inspire Medical Systems expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $926M | XXX | $912M | XXX | XXX | XXX |
| Gross Profit | $792M | XXX | $779M | XXX | XXX | XXX |
| Gross Margin | 86% | XXX | 85% | XXX | XXX | XXX |
| EBITDA | $207M | XXX | $203M | XXX | XXX | XXX |
| EBITDA Margin | 22% | XXX | 22% | XXX | XXX | XXX |
| EBIT Margin | 7% | XXX | 7% | XXX | XXX | XXX |
| Net Profit | $122M | XXX | $145M | XXX | XXX | XXX |
| Net Margin | 13% | XXX | 16% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Inspire Medical Systems Stock Performance
Inspire Medical Systems has current market cap of $2B, and enterprise value of $2B.
Market Cap Evolution
Inspire Medical Systems' stock price is $64.81.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2B | $2B | 0.0% | XXX | XXX | XXX | $5.09 |
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Start Free TrialInspire Medical Systems Valuation Multiples
Inspire Medical Systems trades at 1.7x EV/Revenue multiple, and 7.6x EV/EBITDA.
EV / Revenue (LTM)
Inspire Medical Systems Financial Valuation Multiples
As of April 5, 2026, Inspire Medical Systems has market cap of $2B and EV of $2B.
Equity research analysts estimate Inspire Medical Systems' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Inspire Medical Systems has a P/E ratio of 15.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV/Revenue | 1.7x | XXX | 1.7x | XXX | XXX | XXX |
| EV/EBITDA | 7.6x | XXX | 7.8x | XXX | XXX | XXX |
| EV/EBIT | 23.9x | XXX | 23.8x | XXX | XXX | XXX |
| EV/Gross Profit | 2.0x | XXX | 2.0x | XXX | XXX | XXX |
| P/E | 15.2x | XXX | 12.7x | XXX | XXX | XXX |
| EV/FCF | 9.6x | XXX | 9.5x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Inspire Medical Systems Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Inspire Medical Systems Margins & Growth Rates
Inspire Medical Systems' revenue in the last 12 month grew by 7%.
Inspire Medical Systems' revenue per employee in the last FY averaged $0.7M, while opex per employee averaged $0.5M for the same period.
Inspire Medical Systems' rule of 40 is 28% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Inspire Medical Systems' rule of X is 37% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Inspire Medical Systems Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 7% | XXX | 6% | XXX | XXX | XXX |
| EBITDA Margin | 22% | XXX | 22% | XXX | XXX | XXX |
| EBITDA Growth | 10% | XXX | 7% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 28% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 37% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.7M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 35% | XXX | 35% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 10% | XXX | 10% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 11% | XXX | 11% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 80% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Inspire Medical Systems Public Comps
See public comps and valuation multiples for other Medical Devices comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Artivion | XXX | XXX | XXX | XXX | XXX | XXX |
| Qingdao Baheal Medical | XXX | XXX | XXX | XXX | XXX | XXX |
| AddLife | XXX | XXX | XXX | XXX | XXX | XXX |
| Nihon Kohden | XXX | XXX | XXX | XXX | XXX | XXX |
| Draegerwerk | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Inspire Medical Systems M&A Activity
Inspire Medical Systems acquired XXX companies to date.
Last acquisition by Inspire Medical Systems was on XXXXXXXX, XXXXX. Inspire Medical Systems acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Inspire Medical Systems
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialInspire Medical Systems Investment Activity
Inspire Medical Systems invested in XXX companies to date.
Inspire Medical Systems made its latest investment on XXXXXXXX, XXXXX. Inspire Medical Systems invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Inspire Medical Systems
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Inspire Medical Systems
| When was Inspire Medical Systems founded? | Inspire Medical Systems was founded in 2007. |
| Where is Inspire Medical Systems headquartered? | Inspire Medical Systems is headquartered in United States. |
| How many employees does Inspire Medical Systems have? | As of today, Inspire Medical Systems has over 1K employees. |
| Who is the CEO of Inspire Medical Systems? | Inspire Medical Systems' CEO is Timothy P. Herbert. |
| Is Inspire Medical Systems publicly listed? | Yes, Inspire Medical Systems is a public company listed on NYSE. |
| What is the stock symbol of Inspire Medical Systems? | Inspire Medical Systems trades under INSP ticker. |
| When did Inspire Medical Systems go public? | Inspire Medical Systems went public in 2018. |
| Who are competitors of Inspire Medical Systems? | Inspire Medical Systems main competitors are Artivion, Qingdao Baheal Medical, AddLife, Nihon Kohden. |
| What is the current market cap of Inspire Medical Systems? | Inspire Medical Systems' current market cap is $2B. |
| What is the current revenue of Inspire Medical Systems? | Inspire Medical Systems' last 12 months revenue is $926M. |
| What is the current revenue growth of Inspire Medical Systems? | Inspire Medical Systems revenue growth (NTM/LTM) is 7%. |
| What is the current EV/Revenue multiple of Inspire Medical Systems? | Current revenue multiple of Inspire Medical Systems is 1.7x. |
| Is Inspire Medical Systems profitable? | Yes, Inspire Medical Systems is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Inspire Medical Systems? | Inspire Medical Systems' last 12 months EBITDA is $207M. |
| What is Inspire Medical Systems' EBITDA margin? | Inspire Medical Systems' last 12 months EBITDA margin is 22%. |
| What is the current EV/EBITDA multiple of Inspire Medical Systems? | Current EBITDA multiple of Inspire Medical Systems is 7.6x. |
| What is the current FCF of Inspire Medical Systems? | Inspire Medical Systems' last 12 months FCF is $164M. |
| What is Inspire Medical Systems' FCF margin? | Inspire Medical Systems' last 12 months FCF margin is 18%. |
| What is the current EV/FCF multiple of Inspire Medical Systems? | Current FCF multiple of Inspire Medical Systems is 9.6x. |
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