On this page of StockholderLetter.com we present the latest annual shareholder letter from Inspire Medical Systems, Inc. — ticker symbol INSP. Reading current and past INSP letters to shareholders can bring important insights into the investment thesis.
2024 Annual Report
2024 Annual Report Inspire Medical Systems, Inc. No mask. No hose. Just sleep.
2024 Annual Report Inspire Medical Systems, Inc. A Letter from the CEO Timothy P. Herbert Revenue (in millions) $802.8 $802.8M revenue $624.8 in 2024 28% revenue growth $407.9 in 2024 over 2023 $233.4 $115.4 $3.8 $8.0 $16.4 $28.6 $50.6 $82.1 Our disciplined approach to operating our business generated exceptional (continued on page 2) No mask. No hose. Just sleep.
2024 Annual Report Inspire Medical Systems, Inc. 84.7% gross margin in 2024 No mask. No hose. Just sleep.
2024 Annual Report Inspire Medical Systems, Inc. 285 new U.S. centers initiated Inspire programs in 2024 1,435 U.S. centers in total at the end of 2024 48 new U.S. territories opened in 2024 335 U.S. territories in total at the end of 2024 (continued on page 4) No mask. No hose. Just sleep.
 • shareholder letter icon 3/18/2025 Letter Continued (Full PDF)
 • stockholder letter icon 3/17/2023 INSP Stockholder Letter
 • stockholder letter icon 3/19/2024 INSP Stockholder Letter
 • stockholder letter icon More "Medical Instruments & Supplies" Category Stockholder Letters
 • Benford's Law Stocks icon INSP Benford's Law Stock Score = 56


INSP Shareholder/Stockholder Letter Transcript:

2024
Annual Report

2024 Annual Report Inspire Medical Systems, Inc.
No mask. No hose. Just sleep.   

2024 Annual Report Inspire Medical Systems, Inc.
A Letter from the CEO





Timothy P. Herbert




Revenue (in millions)

$802.8

$802.8M
revenue


$624.8
in 2024


28% revenue
growth


$407.9

in 2024 over 2023


$233.4


$115.4


$3.8
$8.0


$16.4

$28.6

$50.6

$82.1






Our disciplined approach to operating our business generated exceptional
(continued on page 2)
No mask. No hose. Just sleep.   


2024 Annual Report Inspire Medical Systems, Inc.
84.7%
gross margin

in 2024






















No mask. No hose. Just sleep.   

2024 Annual Report Inspire Medical Systems, Inc.




















285 new
U.S. centers
initiated Inspire programs in 2024
1,435
U.S. centers
in total at the end of 2024
48
new U.S.
territories
opened in 2024
335 U.S.
territories
in total at the end of 2024

(continued on page 4)
No mask. No hose. Just sleep.   




shareholder letter icon 3/18/2025 Letter Continued (Full PDF)
 

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