InspireMD, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:41:12Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -36.77M | -23.27M | -16.76M | -16.02M | -13.55M | -9.17M |
| EBITDA | 426.39M | 246.50M | 210.86M | 169.29M | -14.55M | -10.23M |
| Working Capital | 50.76M | 32.84M | 38.14M | 16.26M | 32.75M | 11.63M |
| Net Debt | -5.65M | -16.58M | -7.30M | -3.02M | -10.80M | -11.65M |
| Gross Margin | 29.50% | 21.49% | 29.12% | 21.60% | 16.77% | 3.34% |
| Operating Margin | -552.56% | -478.00% | -340.74% | -361.88% | -327.39% | -417.71% |
| Net Margin | -543.33% | -456.63% | -320.97% | -357.59% | -331.88% | -424.31% |
| Return on Equity (ROE) | -88.38% | -88.69% | -50.42% | -106.31% | -44.49% | -86.69% |
| Return on Assets (ROA) | -70.29% | -68.38% | -41.80% | -75.01% | -37.57% | -59.31% |
| Current Ratio | 5.74× | 5.28× | 7.34× | 4.21× | 8.53× | 4.14× |
| Debt-to-Equity | 0.06× | 0.06× | 0.06× | 0.09× | 0.04× | 0.08× |
| Effective Tax Rate | -0.13% | -0.18% | -0.33% | -0.15% | -0.30% | -0.04% |
| Cash Conversion Ratio | 0.72× | 0.68× | 0.82× | 0.84× | 0.89× | 0.86× |
| Accruals Ratio | -0.20× | -0.22× | -0.07× | -0.12× | -0.04× | -0.08× |
| SBC % of Revenue | 137.34% | 144.64% | 72.36% | 45.48% | 35.06% | 24.39% |
| CapEx Coverage | -21.12× | -15.60× | -42.98× | -32.86× | -38.40× | -103.19× |
| Free Cash Flow Per Share | $-0.57 | $-0.56 | $-0.69 | $-2.03 | $-1.85 | $-6.06 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| EV / EBITDA | 0.17× | 0.22× | 0.26× | 0.02× | — | — |
| P/S | 8.63× | 9.99× | 9.89× | 1.39× | 5.57× | 0.45× |
| P/B | 1.40× | 1.94× | 1.55× | 0.41× | 0.75× | 0.09× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 8.98M | 7.01M | 6.21M | 5.17M | 4.50M | 2.48M |
| Cost of Goods and Services Sold | 6.33M | 5.50M | 4.40M | 4.05M | 3.74M | 2.40M |
| Gross Profit | 2.65M | 1.51M | 1.81M | 1.12M | 754.00K | 83.00K |
| Research and Development Expense | 15.00M | 13.63M | 7.98M | 7.81M | 5.16M | 2.23M |
| Operating Expenses | 52.26M | 35.01M | 22.95M | 19.83M | 15.47M | 10.46M |
| Operating Income (Loss) | -49.61M | -33.50M | -21.14M | -18.71M | -14.72M | -10.38M |
| Income Tax Expense (Benefit) | 63.00K | 59.00K | 65.00K | 28.00K | 45.00K | 4.00K |
| Net Income (Loss) Attributable to Parent | -48.79M | -32.01M | -19.92M | -18.49M | -14.92M | -10.54M |
| Earnings Per Share, Basic | $-0.76 | $-0.76 | $-0.82 | $-2.35 | $-2.03 | — |
| Weighted Average Number of Shares Outstanding, Basic | 64.33M | 41.93M | 24.27M | 7.87M | 7.35M | — |
| Earnings Per Share, Diluted | $-0.76 | $-0.76 | $-0.82 | $-2.35 | — | — |
| Weighted Average Number of Shares Outstanding, Diluted | 64.33M | 41.93M | 24.27M | 7.87M | — | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 8.94M | 18.92M | 9.64M | 4.63M | 12.00M | 12.64M |
| Assets, Current | 61.47M | 40.52M | 44.16M | 21.33M | 37.09M | 15.34M |
| Assets | 69.40M | 46.81M | 47.64M | 24.65M | 39.71M | 17.78M |
| Liabilities, Current | 10.71M | 7.68M | 6.02M | 5.07M | 4.35M | 3.71M |
| Liabilities | 14.20M | 10.72M | 8.14M | 7.26M | 6.18M | 5.61M |
| Stockholders' Equity Attributable to Parent | 55.20M | 36.09M | 39.50M | 17.39M | 33.53M | 12.16M |
| Common Stock, Shares, Outstanding | 43.53M | 26.61M | 21.84M | 8.33M | 8.30M | 3.28M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -35.10M | -21.87M | -16.38M | -15.54M | -13.21M | -9.08M |
| Payments to Acquire Property, Plant, and Equipment | 1.66M | 1.40M | 381.00K | 473.00K | 344.00K | 88.00K |
| Net Cash Provided by (Used in) Investing Activities | -30.56M | 12.64M | -16.09M | 8.44M | -22.46M | -187.00K |
| Net Cash Provided by (Used in) Financing Activities | 55.57M | 18.45M | 37.53M | -140.00K | 35.03M | 16.39M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -12.53M | -9.74M | -27.02M | -18.06M | -9.15M | -7.06M |
| EBITDA | -13.83M | -11.94M | — | — | -11.36M | -9.29M |
| Working Capital | 39.15M | 50.76M | 59.58M | 16.39M | 24.78M | 32.84M |
| Net Debt | -9.32M | -5.65M | -61.04M | -9.00M | -10.74M | -16.58M |
| Gross Margin | 20.22% | 37.47% | 34.24% | 17.60% | 19.10% | 24.06% |
| Operating Margin | -411.36% | -383.74% | -517.28% | -732.23% | -749.51% | -480.61% |
| Net Margin | -402.85% | -373.48% | -503.69% | -739.65% | -730.28% | -470.70% |
| Return on Equity (ROE) | -31.38% | -21.31% | -19.82% | -64.97% | -39.39% | -25.42% |
| Return on Assets (ROA) | -24.24% | -16.95% | -16.19% | -39.44% | -28.87% | -19.60% |
| Current Ratio | 5.15× | 5.74× | 6.51× | 2.81× | 4.36× | 5.28× |
| Debt-to-Equity | 0.05× | 0.06× | 0.04× | 0.12× | 0.06× | 0.06× |
| Cash Conversion Ratio | 0.90× | 0.79× | 2.03× | 1.30× | 0.79× | 0.74× |
| Accruals Ratio | -0.02× | -0.03× | 0.17× | 0.12× | -0.06× | -0.05× |
| SBC % of Revenue | 61.95% | 90.44% | 375.90% | 334.08% | 178.48% | 120.37% |
| CapEx Coverage | -63.59× | -23.48× | -20.38× | -18.32× | -24.49× | -21.70× |
| Free Cash Flow Per Share | $-0.15 | $-0.15 | $-0.37 | $-0.35 | $-0.18 | $-0.17 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 3.40M | 3.15M | 2.52M | 1.78M | 1.53M | 1.95M |
| Cost of Goods and Services Sold | 2.71M | 1.97M | 1.66M | 1.47M | 1.24M | 1.48M |
| Gross Profit | 687.00K | 1.18M | 864.00K | 313.00K | 292.00K | 469.00K |
| Research and Development Expense | 4.76M | 3.48M | 3.63M | 3.83M | 4.06M | 3.69M |
| Operating Expenses | 14.66M | 13.26M | 13.91M | 13.33M | 11.75M | 9.84M |
| Operating Income (Loss) | -13.98M | -12.08M | -13.05M | -13.02M | -11.46M | -9.37M |
| Net Income (Loss) Attributable to Parent | -13.69M | -11.76M | -12.71M | -13.15M | -11.17M | -9.17M |
| Earnings Per Share, Basic | $-0.16 | $-0.12 | $-0.17 | $-0.26 | $0.22 | $-0.18 |
| Weighted Average Number of Shares Outstanding, Basic | 83.80M | 64.33M | 73.47M | 51.00M | 49.99M | 41.93M |
| Earnings Per Share, Diluted | $-0.16 | $-0.12 | $-0.17 | $-0.26 | $0.22 | $-0.18 |
| Weighted Average Number of Shares Outstanding, Diluted | 83.80M | 64.33M | 73.47M | 51.00M | 49.99M | 41.93M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 11.36M | 8.94M | 63.40M | 11.51M | 12.38M | 18.92M |
| Assets, Current | 48.59M | 61.47M | 70.39M | 25.46M | 32.14M | 40.52M |
| Assets | 56.47M | 69.40M | 78.47M | 33.34M | 38.67M | 46.81M |
| Liabilities, Current | 9.44M | 10.71M | 10.82M | 9.07M | 7.37M | 7.68M |
| Liabilities | 12.85M | 14.20M | 14.36M | 13.10M | 10.33M | 10.72M |
| Stockholders' Equity Attributable to Parent | 43.62M | 55.20M | 64.11M | 20.24M | 28.34M | 36.09M |
| Common Stock, Shares, Outstanding | 46.84M | 43.53M | 41.92M | 32.55M | 29.75M | 26.61M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -12.34M | -9.35M | -25.76M | -17.13M | -8.79M | -6.75M |
| Payments to Acquire Property, Plant, and Equipment | 194.00K | 398.00K | 1.26M | 935.00K | 359.00K | 311.00K |
| Net Cash Provided by (Used in) Investing Activities | 14.78M | -45.13M | 14.57M | 7.02M | 1.70M | 8.24M |
| Net Cash Provided by (Used in) Financing Activities | — | 0 | 55.57M | 2.64M | 506.00K | 1.56M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (NSPR CIK 0001433607),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.