INOGEN, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $348.7M | $335.7M | $315.7M | $377.2M | $358.0M | $308.5M | $361.9M | $358.1M |
| Cost of Revenue | $194.4M | $181.0M | $189.0M | $223.7M | $181.5M | $170.3M | $190.1M | $179.5M |
| Gross Profit | $154.3M | $154.7M | $126.7M | $153.5M | $176.5M | $138.2M | $171.9M | $178.6M |
| Gross Margin | 44.2% | 46.1% | 40.1% | 40.7% | 49.3% | 44.8% | 47.5% | 49.9% |
| Operating Expenses | ||||||||
| Research & Development | $19.4M | $21.6M | $20.8M | $21.9M | $16.6M | $14.1M | $9.4M | $7.0M |
| SG&A Expense | $67.4M | $72.6M | $75.3M | $43.9M | $37.9M | $38.6M | $37.1M | $38.0M |
| Operating Income | $-30.2M | $-42.5M | $-109.4M | $-85.2M | $9.2M | $-12.0M | $19.8M | $37.9M |
| Operating Margin | -8.7% | -12.7% | -34.7% | -22.6% | 2.6% | -3.9% | 5.5% | 10.6% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-23.4M | $-36.5M | $-102.3M | $-83.3M | $8.7M | $-5.3M | $24.3M | $40.5M |
| Income Tax Expense | $-632.0K | $-588.0K | $105.0K | $504.0K | $15.0M | $549.0K | $3.3M | $-11.4M |
| Net Income | $-22.7M | $-35.9M | $-102.4M | $-83.8M | $-6.3M | $-5.8M | $21.0M | $51.8M |
| Net Margin | -6.5% | -10.7% | -32.5% | -22.2% | -1.8% | -1.9% | 5.8% | 14.5% |
| EPS (Basic) | $-0.86 | $-1.52 | $-4.42 | $-3.67 | $-0.28 | $-0.27 | $0.96 | $2.44 |
| EPS (Diluted) | $-0.86 | $-1.52 | $-4.42 | $-3.67 | $-0.28 | $-0.27 | $0.94 | $2.30 |
| Shares Outstanding (Basic) | 26.6M | 23.7M | 23.2M | 22.9M | 22.5M | 22.0M | 21.8M | 21.3M |
| Shares Outstanding (Diluted) | 26.6M | 23.7M | 23.2M | 22.9M | 22.5M | 22.0M | 22.2M | 22.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |