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Inogen profit margin INGN

Gross, operating and net profit as a share of revenue over the last twelve months, from 2013.

Net margin, 12 months
−6.9%
Operating margin, 12 months
−8.7%
Net margin on a year earlier
+0.6 pts
Peer median
6.9%

Over the twelve months to Jun 30, 2026, Inogen kept −6.9% of its revenue as net profit, with an operating margin of −8.7% and a gross margin of 44.5%.

Five years earlier its net margin was −0.7%.

The median for 10 medical instruments and supplies stocks of a similar size is 6.9%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2025−6.5%−8.7%44.2%
FY2024−10.7%−12.7%46.1%
FY2023−32.5%−34.7%40.1%
FY2022−22.2%−22.6%40.7%
FY2021−1.8%2.6%49.3%
FY2020−1.9%−3.9%44.8%
FY20195.8%5.5%47.5%
FY201814.5%10.6%49.9%
FY20178.4%11.1%48.6%
FY201610.1%11.3%48.0%
FY20157.3%9.5%48.0%
FY20146.1%9.3%49.3%
FY201333.7%5.9%51.7%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY26−6.9%+0.6 pts−8.7%
Q1 FY26−7.1%+1.0 pts−9.1%
Q4 FY25−6.5%+4.2 pts−8.7%
Q3 FY25−7.3%+8.6 pts−9.3%
Q2 FY25−7.6%+20.7 pts−9.6%
Q1 FY25−8.1%+22.0 pts−10.0%
Q4 FY24−10.7%+21.8 pts−12.7%
Q3 FY24−15.9%+24.5 pts−18.1%
Q2 FY24−28.3%−0.7 pts−30.3%
Q1 FY24−30.1%−5.7 pts−32.3%
Q4 FY23−32.5%−10.2 pts−34.7%
Q3 FY23−40.4%−26.7 pts−42.4%

Against its peers

Companies in Medical - Instruments & Supplies nearest Inogen's size, closest first, today.

Where Inogen ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Inogen

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.