InMode Ltd.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $370.5M | $394.8M | $492.0M | $454.3M | $357.6M | $206.1M | $156.4M | $100.2M |
| Cost of Revenue | $79.5M | $77.8M | $80.7M | $73.5M | $53.6M | $30.8M | $20.2M | $15.1M |
| Gross Profit | $291.0M | $317.1M | $411.3M | $380.8M | $304.0M | $175.3M | $136.1M | $85.1M |
| Gross Margin | 78.5% | 80.3% | 83.6% | 83.8% | 85.0% | 85.0% | 87.1% | 85.0% |
| Operating Expenses | ||||||||
| Research & Development | $13.3M | $13.1M | $13.4M | $12.4M | $9.5M | $9.5M | $5.7M | $4.2M |
| SG&A Expense | $11.7M | $10.0M | $9.2M | $9.9M | $8.4M | $6.4M | $4.0M | $4.8M |
| Operating Income | $85.4M | $112.5M | $195.7M | $197.9M | $167.5M | $72.8M | $59.6M | $23.5M |
| Operating Margin | 23.0% | 28.5% | 39.8% | 43.6% | 46.8% | 35.3% | 38.1% | 23.5% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $110.3M | $143.5M | $217.3M | $201.5M | $168.0M | $76.1M | $62.0M | $23.6M |
| Income Tax Expense | $16.5M | $-37.8M | $19.3M | $39.9M | $2.9M | $1.1M | $883.0K | $1.3M |
| Net Income | $93.8M | $181.3M | $197.9M | $161.5M | $165.0M | $75.0M | $61.1M | $22.4M |
| Net Margin | 25.3% | 45.9% | 40.2% | 35.6% | 46.1% | 36.4% | 39.1% | 22.3% |
| EPS (Basic) | $1.45 | $2.29 | $2.37 | $1.96 | $2.03 | $1.04 | $1.04 | $0.41 |
| EPS (Diluted) | $1.43 | $2.25 | $2.30 | $1.89 | $1.92 | $0.89 | $0.80 | $0.31 |
| Shares Outstanding (Basic) | 64.6M | 79.3M | 83.5M | 82.5M | 81.4M | 72.1M | 58.5M | 53.2M |
| Shares Outstanding (Diluted) | 65.4M | 80.6M | 86.0M | 85.4M | 86.0M | 84.2M | 76.1M | 70.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |