INSM
Insmed Incorporated
Stock
$111.12+2.53 (+2.33%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1B | $606M | $364M | $305M | $245M | $188M | $164M | $136M | $9.8M | $0 | $0 | $0 | $12M | $0 | $4.4M | $6.9M | $10M |
| Cost of revenue | $188M | $123M | $86M | $66M | $55M | $44M | $40M | $24M | $2.4M | $0 | $0 | — | — | — | — | — | — |
| Gross profit | $949M | $483M | $278M | $240M | $190M | $144M | $125M | $112M | $7.4M | $0 | $0 | — | — | — | — | — | — |
| R&D | $861M | $771M | $598M | $571M | $398M | $273M | $181M | $132M | $145M | $110M | $123M | $74M | $44M | $30M | $29M | $4.7M | $9.2M |
| SG&A | $894M | $701M | $461M | $345M | $266M | — | — | — | — | — | — | — | — | — | — | — | — |
| Other operating expenses | $36M | $258M | $97M | $34M | — | $247M | $209M | $216M | $169M | $79M | $51M | — | — | — | — | — | — |
| Operating income | −$841M | −$1.2B | −$878M | −$710M | −$457M | −$375M | −$265M | −$235M | −$307M | −$189M | −$173M | −$117M | −$55M | −$42M | −$62M | −$8.1M | −$8.7M |
| Non-operating income | −$28M | −$25M | −$32M | −$37M | −$23M | −$61M | −$27M | −$18M | −$17M | −$4.0M | −$2.8M | −$2.7M | −$2.3M | $1.1M | $2.1M | $1.7M | $128M |
| Pretax income | −$869M | −$1.3B | −$910M | −$747M | −$480M | −$436M | −$293M | −$254M | −$324M | −$193M | −$176M | −$120M | −$57M | −$41M | −$60M | −$6.4M | $119M |
| Taxes | $6.2M | $5.0M | $3.7M | $2.6M | $1.4M | −$1.8M | $1.4M | $777K | $201K | −$272K | $98K | −$2.0M | −$1.2M | $0 | $0 | $78K | $477K |
| Net income | −$875M | −$1.3B | −$914M | −$750M | −$482M | −$435M | −$294M | −$254M | −$324M | −$193M | −$176M | −$118M | −$56M | −$41M | −$60M | −$6.4M | $118M |
| Diluted EPS | −$4.10 | −$6.42 | −$5.57 | −$5.34 | −$3.91 | −$3.88 | −$3.01 | −$3.01 | −$4.22 | −$2.89 | −$2.85 | −$2.02 | −$1.60 | −$1.56 | −$2.95 | −$0.49 | $9.30 |
| Diluted shares | — | 199.0M | 164.0M | 140.4M | 123.0M | 112.1M | 97.6M | 84.6M | 76.9M | 66.6M | 61.9M | 58.6M | 35.0M | 26.5M | 23.3M | 13.3M | 12.7M |
| Revenue growth | — | +66.7% | +19.2% | +24.4% | +30.2% | +14.6% | +20.5% | +1,287.6% | — | — | — | — | — | −100.0% | −36.2% | −33.3% | — |
| Gross margin | 83.5% | 79.7% | 76.4% | 78.5% | 77.5% | 76.6% | 75.7% | 82.3% | 75.4% | — | — | — | — | — | — | — | — |
| Operating margin | −73.9% | −205.6% | −241.5% | −232.5% | −186.4% | −199.0% | −161.3% | −172.4% | −3,124.9% | — | — | — | −478.4% | — | −1,397.3% | −116.9% | −83.6% |
| Net margin | −76.9% | −210.5% | −251.2% | −245.6% | −196.3% | −230.6% | −178.9% | −186.4% | −3,297.2% | — | — | — | −487.6% | — | −1,350.8% | −93.0% | 1,140.9% |