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4 months ago
Inogen Announces Fourth Quarter and Full Year 2025 Financial Results and Provides 2026 Financial OutlookFebruary 24, 2026 4:05 PM
Business Wire
Delivered full year revenue growth of approximately 4%
Significantly improved profitability with 2025 net loss of $22.7 million and positive adjusted EBITDA of $2.7 million
Well-positioned to accelerate expected 2026 revenue growth and profitability
Inogen, Inc. (Nasdaq: INGN), a medical technology company offering innovative respiratory products for use in the homecare setting, today announced financial results for the fourth quarter and the full year ended December 31, 2025 and provided 2026 guidance for the first quarter and full year.
βIn 2025, we made significant progress toward our long-term profitability goals while strengthening our product portfolio and improving the fundamentals of our business. Our disciplined operational efficiency contributed to a substantial year-over-year improvement in adjusted EBITDA, culminating in a positive result for the first time since 2021,β said Kevin Smith, President and Chief Executive Officer. βOur strong balance sheet with no debt, puts us in a strong position to accelerate innovation, enhance customer engagement, and drive portfolio expansion in 2026 and beyond. We believe these strategic achievements create a solid foundation for future growth and value creation for our shareholders.β
Highlights
Introduced two new products in the United States to diversify the portfolio with the Voxi 5, a stationary oxygen concentrator, and Aurora masks for continuous positive airway pressure (CPAP), designed for obstructive sleep apnea (OSA);
Initiated a limited market release of the Simeox airway clearance device in the United States to support reimbursement and advance commercialization efforts;
Launched Inogen patient portal to enhance digital health and to empower patients with seamless self-service to manage insurance requirements, streamline accessories ordering and access to support tools;
Announced strategic collaboration with Yuwell Medical to broaden Inogenβs product portfolio, strengthen its innovation pipeline through joint research and development, and accelerate the brandβs entry into China;
Authorized a $30.0 million share repurchase program to return value to shareholders based on the strength of our balance sheet, with year-end cash, cash equivalents, marketable securities, and restricted cash, of $120.9 million, with no debt outstanding.
Fourth Quarter 2025 Financial Results
In the fourth quarter of 2025, the Company made changes to its product revenue categories to provide investors with more meaningful trends in its business and strategic direction. The Company will now report product revenues in the following categories: U.S. sales, international sales, and U.S. rentals.
Total revenue in the fourth quarter of 2025 was $81.7 million, an increase of 2.0% from the prior-year period, primarily driven by higher growth in international portable oxygen concentrator, or POC, sales of 14.8%, partially offset by lower U.S. sales and U.S. rentals.
Total gross margin was 43.1% in the fourth quarter of 2025, a decrease from 45.3% in the prior-year period, primarily the result of channel mix.
Total operating loss was $9.3 million, an improvement of 18.3% from a loss of $11.4 million in the prior-year period, primarily due to material cost reductions, operational efficiencies, and an increase in international sales.
GAAP net loss for the fourth quarter of 2025 was $7.1 million, an improvement of 27.0% compared to $9.8 million in the prior-year period. Adjusted net loss for the fourth quarter of 2025 was $4.0 million, an improvement of 30.4% from adjusted net loss of $5.8 million in the prior-year period.
Adjusted EBITDA was negative $1.7 million in the fourth quarter of 2025, an improvement of 52.8% compared to negative $3.6 million in the prior-year period.
Cash, cash equivalents, marketable securities, and restricted cash were $120.9 million as of December 31, 2025, with no debt outstanding.
Full Year 2025 Financial Results
Total revenue in the full year 2025 increased 3.9% to $348.7 million from $335.7 million in the prior year, primarily driven by higher growth in international POC sales of 18.4%, partially offset by lower U.S. sales and U.S. rentals.
Total gross margin of 44.2% in the full year 2025 decreased from 46.1% in the comparable period in 2024, primarily the result of changing channel mix from higher POC sales to business customers.
Total operating loss was $30.2 million in the full year 2025, an improvement of 29.0% from a loss of $42.5 million in the full year of 2024, primarily due to material cost reductions, operational efficiencies, and an increase in international sales.
GAAP net loss for the full year 2025 was $22.7 million, an improvement of 36.6% compared to GAAP net loss of $35.9 million for the full year 2024. Adjusted net loss for the full year 2025 was $8.0 million, an improvement of 60.6% from adjusted net loss of $20.4 million in the full year 2024.
Adjusted EBITDA was positive $2.7 million for the full year 2025, an improvement of 128.4% compared to negative $9.5 million for the full year 2024.
Reconciliations of adjusted EBITDA and adjusted net loss for the three and twelve months ended December 31, 2025 and 2024 are in the financial schedules that are a part of this press release. An explanation of these non-GAAP financial measures is also included below under the heading βReconciliation of U.S. GAAP to Non-GAAP Financial Measures.β
First Quarter and Full Year 2026 Financial Outlook
Inogen expects first quarter 2026 reported revenue to be in line with first quarter 2025, due to channel mix and lower expected U.S. rentals revenue driven by reimbursement mix and reduced patients on service.
For the full year 2026, Inogen expects reported revenue in the range of $366 million to $373 million, reflecting approximately 6% growth at the midpoint of the range relative to the Companyβs 2025 revenue.
The Company remains committed to driving positive Adjusted EBITDA improvement in 2026.
Quarterly Conference Call Information
On February 24, 2026, the Company will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time.
Individuals interested in listening to the conference call may do so by dialing:
US domestic callers (877) 841-3961
Non-US callers (201) 689-8589
Please reference Inogen to join the call. A live audio webcast and archived recording of the conference call will be available to all interested parties through the News / Events page on the Inogen Investor Relations website. This webcast will also be archived on the website for 6 months.
A replay of the call will be available approximately three hours after the live webcast ends and will be accessible through March 3, 2026. To access the replay, dial (877) 660-6853 or (201) 612-7415 and reference Conference ID: 13757405.
Inogen has used, and intends to continue to use, its Investor Relations website, http://investor.inogen.com/, as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.
About Inogen
Inogen, Inc. (Nasdaq: INGN) is a leading global medical technology company offering innovative respiratory products for use in the homecare setting. Inogen supports patient respiratory care by developing, manufacturing, and marketing innovative best-in-class respiratory therapy devices used to deliver care to patients suffering from chronic respiratory conditions. Inogen partners with patients, prescribers, home medical equipment providers, and distributors to make its respiratory therapy products widely available, allowing patients the chance to manage the impact of their disease.
For more information, please visit www.inogen.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this communication that are not historical facts, including, but not limited to, statements regarding Inogenβs future business plans, market opportunities, financial outlook, growth strategies, and anticipated operational results, are forward-looking statements. Words such as βaims,β βbelieves,β βanticipates,β βplans,β βexpects,β βwill,β βintends,β βpotential,β βpossible,β and similar expressions are intended to identify forward-looking statements. Forward-looking statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from currently anticipated results, including but not limited to, risks and uncertainties relating to Inogenβs 2026 first quarter and full year financial guidance; market acceptance of its products; competition; its sales, marketing and distribution capabilities; its planned sales, marketing, and research and development activities; and risks associated with international operations. Information on these and additional risks, uncertainties, and other information affecting Inogenβs business operating results are contained in its Annual Report on Form 10-K for the period ended December 31, 2024, and in its other filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date hereof. Inogen disclaims any obligation to update these forward-looking statements except as may be required by law.
Non-GAAP Financial Measures
Inogen has presented certain financial information in accordance with U.S. GAAP and also on a non-GAAP basis for the three and twelve months ended December 31, 2025, and December 31, 2024. Management believes that these non-GAAP financial measures, taken in conjunction with U.S. GAAP financial measures, provide useful information for both management and investors by excluding certain non-cash and other expenses that are not indicative of Inogenβs core operating results. Management uses these non-GAAP measures to compare Inogenβs performance relative to forecasts and strategic plans, to benchmark Inogenβs performance externally against competitors, and for certain compensation decisions. Non-GAAP information is not prepared under a comprehensive set of accounting rules and should only be used to supplement an understanding of Inogen's operating results as reported under U.S. GAAP. Inogen encourages investors to carefully consider its results under U.S. GAAP, as well as its supplemental non-GAAP information and the reconciliation between these presentations, to more fully understand its business. Reconciliations between U.S. GAAP and non-GAAP results are presented in the accompanying tables of this release.
Consolidated Statements of Comprehensive Loss
(unaudited)
(amounts in thousands, except share and per share amounts)
Β
Β
Β
Three months ended
Β
Twelve months ended
Β
Β
December 31,
Β
December 31,
Β
Β
2025
Β
2024
Β
2025
Β
2024
Revenue
Β
Β
Β
Β
Β
Β
Β
Β
Sales revenue
Β
$
68,572
Β
Β
$
66,307
Β
Β
$
295,304
Β
Β
$
278,756
Β
Rental revenue
Β
Β
13,149
Β
Β
Β
13,774
Β
Β
Β
53,364
Β
Β
Β
56,949
Β
Total revenue
Β
Β
81,721
Β
Β
Β
80,081
Β
Β
Β
348,668
Β
Β
Β
335,705
Β
Cost of revenue
Β
Β
Β
Β
Β
Β
Β
Β
Cost of sales revenue
Β
Β
39,360
Β
Β
Β
35,499
Β
Β
Β
163,837
Β
Β
Β
148,655
Β
Cost of rental revenue, including depreciation of $2,783 and $3,038, for the three months ended and $11,798 and $12,592 for the twelve months ended, respectively
Β
Β
7,125
Β
Β
Β
8,293
Β
Β
Β
30,566
Β
Β
Β
32,309
Β
Total cost of revenue
Β
Β
46,485
Β
Β
Β
43,792
Β
Β
Β
194,403
Β
Β
Β
180,964
Β
Gross profit
Β
Β
35,236
Β
Β
Β
36,289
Β
Β
Β
154,265
Β
Β
Β
154,741
Β
Operating expense
Β
Β
Β
Β
Β
Β
Β
Β
Research and development
Β
Β
5,316
Β
Β
Β
5,898
Β
Β
Β
19,399
Β
Β
Β
21,610
Β
Sales and marketing
Β
Β
23,106
Β
Β
Β
24,155
Β
Β
Β
97,692
Β
Β
Β
103,069
Β
General and administrative
Β
Β
16,120
Β
Β
Β
17,622
Β
Β
Β
67,381
Β
Β
Β
72,578
Β
Total operating expense
Β
Β
44,542
Β
Β
Β
47,675
Β
Β
Β
184,472
Β
Β
Β
197,257
Β
Loss from operations
Β
Β
(9,306
)
Β
Β
(11,386
)
Β
Β
(30,207
)
Β
Β
(42,516
)
Other income (expense)
Β
Β
Β
Β
Β
Β
Β
Β
Interest income, net
Β
Β
1,163
Β
Β
Β
1,413
Β
Β
Β
4,385
Β
Β
Β
5,190
Β
Other income (expense)
Β
Β
780
Β
Β
Β
(114
)
Β
Β
2,443
Β
Β
Β
850
Β
Total other income, net
Β
Β
1,943
Β
Β
Β
1,299
Β
Β
Β
6,828
Β
Β
Β
6,040
Β
Loss before benefit for income taxes
Β
Β
(7,363
)
Β
Β
(10,087
)
Β
Β
(23,379
)
Β
Β
(36,476
)
Benefit for income taxes
Β
Β
(236
)
Β
Β
(330
)
Β
Β
(632
)
Β
Β
(588
)
Net loss
Β
Β
(7,127
)
Β
Β
(9,757
)
Β
Β
(22,747
)
Β
Β
(35,888
)
Other comprehensive income (loss), net of tax
Β
Β
Β
Β
Β
Β
Β
Β
Change in foreign currency translation adjustment
Β
Β
(43
)
Β
Β
(2,923
)
Β
Β
5,722
Β
Β
Β
(2,590
)
Change in net unrealized gains (losses) on foreign currency hedging
Β
Β
1,224
Β
Β
Β
(324
)
Β
Β
1,970
Β
Β
Β
(324
)
Less: reclassification adjustment for net (losses) gains included in net loss
Β
Β
(579
)
Β
Β
324
Β
Β
Β
(1,970
)
Β
Β
324
Β
Total net change in unrealized gains on foreign currency hedging
Β
Β
645
Β
Β
Β
β
Β
Β
Β
β
Β
Β
Β
β
Β
Change in net unrealized (losses) gains on marketable securities
Β
Β
(43
)
Β
Β
(297
)
Β
Β
22
Β
Β
Β
(136
)
Total other comprehensive income (loss), net of tax
Β
Β
559
Β
Β
Β
(3,220
)
Β
Β
5,744
Β
Β
Β
(2,726
)
Comprehensive loss
Β
$
(6,568
)
Β
$
(12,977
)
Β
$
(17,003
)
Β
$
(38,614
)
Β
Β
Β
Β
Β
Β
Β
Β
Β
Basic net loss per share attributable to common stockholders (1)
Β
$
(0.26
)
Β
$
(0.41
)
Β
$
(0.86
)
Β
$
(1.52
)
Diluted net loss per share attributable to common stockholders (1) (2)
Β
$
(0.26
)
Β
$
(0.41
)
Β
$
(0.86
)
Β
$
(1.52
)
Weighted average number of shares used in calculating net loss per share attributable to common stockholders:
Β
Β
Β
Β
Β
Β
Β
Β
Basic shares of common stock
Β
Β
27,176,742
Β
Β
Β
23,846,666
Β
Β
Β
26,601,652
Β
Β
Β
23,654,395
Β
Diluted shares of common stock
Β
Β
27,176,742
Β
Β
Β
23,846,666
Β
Β
Β
26,601,652
Β
Β
Β
23,654,395
Β
Β
(1) Reconciliations of net loss attributable to common stockholders basic and diluted can be found in Inogenβs Annual Report on Form 10-K for the fiscal year ended December 31, 2025 to be filed with the Securities and Exchange Commission.
(2) Due to a net loss for the three and twelve months ended December 31, 2025 and December 31, 2024, diluted loss per share is the same as basic.
Consolidated Balance Sheets
(unaudited)
(amounts in thousands)
Β
Β
Β
December 31,
Β
December 31,
Β
Β
2025
Β
2024
Assets
Β
Β
Β
Β
Current assets
Β
Β
Β
Β
Cash and cash equivalents
Β
$
103,729
Β
Β
$
113,795
Β
Marketable securities
Β
Β
15,848
Β
Β
Β
β
Β
Restricted cash
Β
Β
1,289
Β
Β
Β
3,620
Β
Accounts receivable, net
Β
Β
38,863
Β
Β
Β
29,563
Β
Inventories
Β
Β
25,969
Β
Β
Β
24,812
Β
Prepaid expenses and other current assets
Β
Β
12,601
Β
Β
Β
13,661
Β
Total current assets
Β
Β
198,299
Β
Β
Β
185,451
Β
Property and equipment, net
Β
Β
36,362
Β
Β
Β
44,400
Β
Goodwill
Β
Β
10,698
Β
Β
Β
9,465
Β
Intangible assets, net
Β
Β
30,763
Β
Β
Β
30,493
Β
Operating lease right-of-use asset
Β
Β
16,501
Β
Β
Β
18,295
Β
Other assets
Β
Β
6,002
Β
Β
Β
8,081
Β
Total assets
Β
$
298,625
Β
Β
$
296,185
Β
Liabilities and stockholders' equity
Β
Β
Β
Β
Current liabilities
Β
Β
Β
Β
Accounts payable and accrued expenses
Β
$
33,941
Β
Β
$
27,153
Β
Accrued payroll
Β
Β
10,629
Β
Β
Β
17,189
Β
Warranty reserve - current
Β
Β
10,116
Β
Β
Β
9,736
Β
Operating lease liability - current
Β
Β
3,163
Β
Β
Β
2,812
Β
Earnout liability
Β
Β
β
Β
Β
Β
13,000
Β
Deferred revenue - current
Β
Β
5,503
Β
Β
Β
6,654
Β
Income tax payable
Β
Β
183
Β
Β
Β
142
Β
Total current liabilities
Β
Β
63,535
Β
Β
Β
76,686
Β
Long-term liabilities
Β
Β
Β
Β
Warranty reserve - noncurrent
Β
Β
18,194
Β
Β
Β
16,350
Β
Operating lease liability - noncurrent
Β
Β
14,313
Β
Β
Β
16,594
Β
Deferred revenue - noncurrent
Β
Β
3,603
Β
Β
Β
5,747
Β
Deferred tax liability
Β
Β
6,749
Β
Β
Β
6,948
Β
Total liabilities
Β
Β
106,394
Β
Β
Β
122,325
Β
Stockholders' equity
Β
Β
Β
Β
Common stock
Β
Β
27
Β
Β
Β
24
Β
Additional paid-in capital
Β
Β
363,545
Β
Β
Β
328,174
Β
Accumulated deficit
Β
Β
(175,584
)
Β
Β
(152,837
)
Accumulated other comprehensive income (loss)
Β
Β
4,243
Β
Β
Β
(1,501
)
Total stockholders' equity
Β
Β
192,231
Β
Β
Β
173,860
Β
Total liabilities and stockholders' equity
Β
$
298,625
Β
Β
$
296,185
Β
Condensed Consolidated Cash Flow
(unaudited)
(amounts in thousands)
Β
Β
Β
Years Ended December 31,
Β
Β
2025
Β
2024
Cash flows from operating activities
Β
Β
Β
Β
Net loss
Β
$
(22,747
)
Β
$
(35,888
)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Β
Β
Β
Β
Depreciation and amortization
Β
Β
20,659
Β
Β
Β
21,004
Β
Loss on rental units and other assets
Β
Β
3,208
Β
Β
Β
4,535
Β
Loss (gain) on sale of former rental assets
Β
Β
57
Β
Β
Β
(165
)
Provision for sales revenue returns and doubtful accounts
Β
Β
6,351
Β
Β
Β
10,890
Β
Provision for inventory losses
Β
Β
822
Β
Β
Β
233
Β
Loss on purchase commitments
Β
Β
433
Β
Β
Β
448
Β
Stock-based compensation expense
Β
Β
8,014
Β
Β
Β
7,397
Β
Deferred income taxes
Β
Β
(1,100
)
Β
Β
(1,150
)
Change in fair value of earnout liability
Β
Β
β
Β
Β
Β
3,000
Β
Changes in operating assets and liabilities (1)
Β
Β
(26,913
)
Β
Β
(4,390
)
Net cash (used in) provided by operating activities
Β
Β
(11,216
)
Β
Β
5,914
Β
Cash flows from investing activities
Β
Β
Β
Β
Purchases of available-for-sale securities
Β
Β
(29,829
)
Β
Β
(32,657
)
Maturities of available-for-sale securities
Β
Β
14,003
Β
Β
Β
35,500
Β
Investment in intangible assets
Β
Β
β
Β
Β
Β
(2,090
)
Investment in property and equipment
Β
Β
(2,523
)
Β
Β
(3,360
)
Production and purchase of rental equipment
Β
Β
(7,860
)
Β
Β
(11,643
)
Proceeds from sale of former assets
Β
Β
β
Β
Β
Β
275
Β
Net cash used in investing activities
Β
Β
(26,209
)
Β
Β
(13,975
)
Cash flows from financing activities
Β
Β
Β
Β
Proceeds from employee stock purchases
Β
Β
971
Β
Β
Β
811
Β
Payment of employment taxes related to release of restricted stock
Β
Β
(821
)
Β
Β
(546
)
Payments of accrued earnout
Β
Β
(3,178
)
Β
Β
β
Β
Proceeds from issuance of common stock from securities purchase agreement
Β
Β
27,210
Β
Β
Β
β
Β
Net cash provided by financing activities
Β
Β
24,182
Β
Β
Β
265
Β
Effect of exchange rates on cash
Β
Β
846
Β
Β
Β
(281
)
Net decrease in cash, cash equivalents and restricted cash
Β
$
(12,397
)
Β
$
(8,077
)
Β
Β
Β
Β
Β
(1) Includes $9,822 of the operating activity portion of the earnout liability payment related to the Physio-Assist acquisition.
Supplemental Financial Information
(unaudited)
(in thousands, except units and patients)
Β
Β
Three months ended
December 31,
Β
Change 2025 vs. 2024
Β
Constant
Currency
Change
Revenue by geographic region
2025
Β
2024
Β
$
Β
%
Β
%
U.S. sales
$
36,055
Β
$
37,994
Β
$
(1,939
)
Β
Β
-5.1
%
Β
Β
-5.1
%
International sales
Β
32,517
Β
Β
Β
28,313
Β
Β
Β
4,204
Β
Β
Β
14.8
%
Β
Β
12.5
%
U.S. rentals
Β
13,149
Β
Β
Β
13,774
Β
Β
Β
(625
)
Β
Β
-4.5
%
Β
Β
-4.5
%
Total revenue
$
81,721
Β
Β
$
80,081
Β
Β
$
1,640
Β
Β
Β
2.0
%
Β
Β
1.2
%
Additional financial measures
Β
Β
Β
Β
Β
Β
Β
Β
Β
Units Sold
Β
46,300
Β
Β
Β
38,400
Β
Β
Β
Β
Β
20.6
%
Β
Β
Net rental patients as of period-end
Β
49,000
Β
Β
Β
51,000
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Twelve months ended
December 31,
Β
Change 2025 vs. 2024
Β
Constant
Currency
Change
Revenue by geographic region
2025
Β
2024
Β
$
Β
%
Β
%
U.S. sales
$
156,476
Β
Β
$
161,549
Β
Β
$
(5,073
)
Β
Β
-3.1
%
Β
Β
-3.1
%
International sales
Β
138,828
Β
Β
Β
117,207
Β
Β
Β
21,621
Β
Β
Β
18.4
%
Β
Β
18.1
%
U.S. rentals
Β
53,364
Β
Β
Β
56,949
Β
Β
Β
(3,585
)
Β
Β
-6.3
%
Β
Β
-6.3
%
Total revenue
$
348,668
Β
Β
$
335,705
Β
Β
$
12,963
Β
Β
Β
3.9
%
Β
Β
3.7
%
Additional financial measures
Β
Β
Β
Β
Β
Β
Β
Β
Β
Units Sold
Β
189,400
Β
Β
Β
157,500
Β
Β
Β
Β
Β
20.3
%
Β
Β
Net rental patients as of period-end
Β
49,000
Β
Β
Β
51,000
Β
Β
Β
Β
Β
Β
Β
Reconciliation of U.S. GAAP to Non-GAAP Financial Measures
(unaudited)
(in thousands, except per share amounts)
Β
Β
Β
Three months ended
Β
Twelve months ended
Β
Β
December 31,
Β
December 31,
Non-GAAP EBITDA and Adjusted EBITDA
Β
2025
Β
2024
Β
2025
Β
2024
Net loss (GAAP)
Β
$
(7,127
)
Β
$
(9,757
)
Β
$
(22,747
)
Β
$
(35,888
)
Non-GAAP adjustments:
Β
Β
Β
Β
Β
Β
Β
Β
Interest income, net
Β
Β
(1,163
)
Β
Β
(1,413
)
Β
Β
(4,385
)
Β
Β
(5,190
)
Benefit for income taxes
Β
Β
(236
)
Β
Β
(330
)
Β
Β
(632
)
Β
Β
(588
)
Depreciation and amortization
Β
Β
5,035
Β
Β
Β
5,080
Β
Β
Β
20,659
Β
Β
Β
21,004
Β
EBITDA (non-GAAP)
Β
Β
(3,491
)
Β
Β
(6,420
)
Β
Β
(7,105
)
Β
Β
(20,662
)
Stock-based compensation
Β
Β
1,811
Β
Β
Β
1,693
Β
Β
Β
8,014
Β
Β
Β
7,397
Β
Acquisition-related expenses
Β
Β
β
Β
Β
Β
β
Β
Β
Β
β
Β
Β
Β
784
Β
Change in fair value of earnout liability
Β
Β
β
Β
Β
Β
1,170
Β
Β
Β
β
Β
Β
Β
3,000
Β
Legal and settlement expenses
Β
Β
β
Β
Β
Β
β
Β
Β
Β
1,784
Β
Β
Β
β
Β
Adjusted EBITDA (non-GAAP)
Β
$
(1,680
)
Β
$
(3,557
)
Β
$
2,693
Β
Β
$
(9,481
)
Β
Β
Three months ended December 31,
Β
Β
Operating Expense
Β
Loss from Operations
Β
Net Loss
Β
Diluted EPS
Non-GAAP Financial Metrics
Β
2025
Β
2024
Β
2025
Β
2024
Β
2025
Β
2024
Β
2025
Β
2024
Financial Results (GAAP)
Β
$
44,542
Β
$
47,675
Β
$
(9,306
)
Β
$
(11,386
)
Β
$
(7,127
)
Β
$
(9,757
)
Β
$
(0.26
)
Β
$
(0.41
)
Non-GAAP adjustments:
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Amortization of intangibles
Β
Β
1,287
Β
Β
Β
1,103
Β
Β
Β
1,287
Β
Β
Β
1,103
Β
Β
Β
1,287
Β
Β
Β
1,103
Β
Β
Β
0.05
Β
Β
Β
0.05
Β
Stock-based compensation
Β
Β
1,811
Β
Β
Β
1,693
Β
Β
Β
1,811
Β
Β
Β
1,693
Β
Β
Β
1,811
Β
Β
Β
1,693
Β
Β
Β
0.07
Β
Β
Β
0.07
Β
Change in fair value of earnout liability
Β
Β
β
Β
Β
Β
1,170
Β
Β
Β
β
Β
Β
Β
1,170
Β
Β
Β
β
Β
Β
Β
1,170
Β
Β
Β
β
Β
Β
Β
0.05
Β
Income tax impact of adjustments (1)
Β
Β
β
Β
Β
Β
β
Β
Β
Β
β
Β
Β
Β
β
Β
Β
Β
β
Β
Β
Β
β
Β
Β
Β
β
Β
Β
Β
β
Β
Adjusted
Β
$
41,444
Β
Β
$
43,709
Β
Β
$
(6,208
)
Β
$
(7,420
)
Β
$
(4,029
)
Β
$
(5,791
)
Β
$
(0.15
)
Β
$
(0.24
)
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Twelve months ended December 31,
Β
Β
Operating Expense
Β
Loss from Operations
Β
Net Loss
Β
Diluted EPS
Non-GAAP Financial Metrics
Β
2025
Β
2024
Β
2025
Β
2024
Β
2025
Β
2024
Β
2025
Β
2024
Financial Results (GAAP)
Β
$
184,472
Β
Β
$
197,257
Β
Β
$
(30,207
)
Β
$
(42,516
)
Β
$
(22,747
)
Β
$
(35,888
)
Β
$
(0.86
)
Β
$
(1.52
)
Non-GAAP adjustments:
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Β
Amortization of intangibles
Β
Β
4,920
Β
Β
Β
4,330
Β
Β
Β
4,920
Β
Β
Β
4,330
Β
Β
Β
4,920
Β
Β
Β
4,330
Β
Β
Β
0.18
Β
Β
Β
0.18
Β
Stock-based compensation
Β
Β
8,014
Β
Β
Β
7,397
Β
Β
Β
8,014
Β
Β
Β
7,397
Β
Β
Β
8,014
Β
Β
Β
7,397
Β
Β
Β
0.30
Β
Β
Β
0.31
Β
Acquisition-related expenses
Β
Β
β
Β
Β
Β
784
Β
Β
Β
β
Β
Β
Β
784
Β
Β
Β
β
Β
Β
Β
784
Β
Β
Β
β
Β
Β
Β
0.03
Β
Change in fair value of earnout liability
Β
Β
β
Β
Β
Β
3,000
Β
Β
Β
β
Β
Β
Β
3,000
Β
Β
Β
β
Β
Β
Β
3,000
Β
Β
Β
β
Β
Β
Β
0.13
Β
Legal and settlement expenses
Β
Β
1,784
Β
Β
Β
β
Β
Β
Β
1,784
Β
Β
Β
β
Β
Β
Β
1,784
Β
Β
Β
β
Β
Β
Β
0.07
Β
Β
Β
β
Β
Income tax impact of adjustments (1)
Β
Β
β
Β
Β
Β
β
Β
Β
Β
β
Β
Β
Β
β
Β
Β
Β
β
Β
Β
Β
β
Β
Β
Β
β
Β
Β
Β
β
Β
Adjusted
Β
$
169,754
Β
Β
$
181,746
Β
Β
$
(15,489
)
Β
$
(27,005
)
Β
$
(8,029
)
Β
$
(20,377
)
Β
$
(0.30
)
Β
$
(0.86
)
Β
(1) Income tax impact of adjustments represents the tax impact related to the non-GAAP adjustments listed above and reflects an effective tax rate of 0% for 2025 and 2024.
Β
View source version on businesswire.com: https://www.businesswire.com/news/home/20260224328939/en/
ir@inogen.net
Original: Inogen Announces Fourth Quarter and Full Year 2025 Financial Results and Provides 2026 Financial Outlook
TREND1
11 years ago
AUG 11,2015 earnings
GOLETA, Calif., July 28, 2015 (GLOBE NEWSWIRE) -- Inogen, Inc. (Nasdaq:INGN), a medical technology company offering innovative respiratory products for use in the homecare setting, announced that it will release its financial results for the second quarter of 2015 after market close on Tuesday, August 11, 2015. The Company will host a corresponding conference call beginning at 1:30pm PT/4:30pm ET.
Individuals interested in listening to the conference call may do so by dialing (855) 427-4393 for domestic callers or (484) 756-4258 for international callers. To listen to a live webcast, please visit the investor relations section of Inogen's website at: www.inogen.com/investor.
A replay of the call will be available beginning August 11, 2015 at 4:30pm PT/7:30pm ET through midnight on August 12, 2015. To access the replay, dial (855) 859-2056 or (404) 537-3406 and reference Conference ID: 85194368. The webcast will also be available on Inogen's website for one year following the completion of the call.
Inogen has used, and intends to continue to use, its Investor Relations website, www.inogen.com/investor, as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. For more information, visit www.inogen.com/investor.
About Inogen
Inogen is innovation in oxygen therapy. We are a medical technology company that develops, manufactures and markets innovative oxygen concentrators used to deliver supplemental long-term oxygen therapy to patients suffering from chronic respiratory conditions. For more information, please visit www.inogen.com.
CONTACT: Investor Relations Contact:
ir@inogen.net
805-562-0500 ext 7
Media Contact:
Byron Myers
805-562-0503
Source: Inogen .
Back to News
.
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System availability and response time are subject to market conditions and possible unscheduled outages.
Merrill Edgeβ’, available through Merrill Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S"), consists of Merrill Edge Advisory Center (investment guidance) or self-directed online investing.
Merrill Lynch Life Agency (MLLA) Inc. is a licensed insurance agency.
Investing in securities involves risks, and there is always the potential of losing money when you invest in securities.
Bank of America, N.A, U.S Trust Company of Delaware, Merrill Lynch Life Agency Inc. and MLPF&S, a registered broker-dealer and Member Securities Investor Protection Corporation (SIPC), are wholly owned subsidiaries of Bank of America Corporation.
Trust and fiduciary services are provided by U.S. Trust, a division of Bank of America, N.A. Banking products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation.
Investment products
offered through
MLPF&S and insurance
and annuity products
offered through MLLA:
Are Not FDIC Insured Are Not Bank Guaranteed May Lose Value
Are Not Deposits Are Not Insured by Any Federal Government Agency Are Not a Condition to Any Banking Service or Activity
MLPF&S makes available investment products managed or distributed by BofA® Global Capital Management, an affiliate of Bank of America Corporation.
© 2015 Bank of America Corporation. All rights reserved.
77C15C24 (SCD*******815)
GOLETA, Calif., July 28, 2015 (GLOBE NEWSWIRE) -- Inogen, Inc. (Nasdaq:INGN), a medical technology company offering innovative respiratory products for use in the homecare setting, announced that it will release its financial results for the second quarter of 2015 after market close on Tuesday, August 11, 2015. The Company will host a corresponding conference call beginning at 1:30pm PT/4:30pm ET.
Individuals interested in listening to the conference call may do so by dialing (855) 427-4393 for domestic callers or (484) 756-4258 for international callers. To listen to a live webcast, please visit the investor relations section of Inogen's website at: www.inogen.com/investor.
A replay of the call will be available beginning August 11, 2015 at 4:30pm PT/7:30pm ET through midnight on August 12, 2015. To access the replay, dial (855) 859-2056 or (404) 537-3406 and reference Conference ID: 85194368. The webcast will also be available on Inogen's website for one year following the completion of the call.
Inogen has used, and intends to continue to use, its Investor Relations website, www.inogen.com/investor, as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. For more information, visit www.inogen.com/investor.
About Inogen
Inogen is innovation in oxygen therapy. We are a medical technology company that develops, manufactures and markets innovative oxygen concentrators used to deliver supplemental long-term oxygen therapy to patients suffering from chronic respiratory conditions. For more information, please visit www.inogen.com.
CONTACT: Investor Relations Contact:
ir@inogen.net
805-562-0500 ext 7
Media Contact:
Byron Myers
805-562-0503
Source: Inogen .
Back to News
.
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.
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June 12, 2015
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May 26, 2015
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System availability and response time are subject to market conditions and possible unscheduled outages.
Merrill Edgeβ’, available through Merrill Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S"), consists of Merrill Edge Advisory Center (investment guidance) or self-directed online investing.
Merrill Lynch Life Agency (MLLA) Inc. is a licensed insurance agency.
Investing in securities involves risks, and there is always the potential of losing money when you invest in securities.
Bank of America, N.A, U.S Trust Company of Delaware, Merrill Lynch Life Agency Inc. and MLPF&S, a registered broker-dealer and Member Securities Investor Protection Corporation (SIPC), are wholly owned subsidiaries of Bank of America Corporation.
Trust and fiduciary services are provided by U.S. Trust, a division of Bank of America, N.A. Banking products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation.
Investment products
offered through
MLPF&S and insurance
and annuity products
offered through MLLA:
Are Not FDIC Insured Are Not Bank Guaranteed May Lose Value
Are Not Deposits Are Not Insured by Any Federal Government Agency Are Not a Condition to Any Banking Service or Activity
MLPF&S makes available investment products managed or distributed by BofA® Global Capital Management, an affiliate of Bank of America Corporation.
© 2015 Bank of America Corporation. All rights reserved.
77C15C24 (SCD*******815)
.
.