Quarterly ResultMay 8, 2026, 04:18 PM
Inogen Q1 Net Loss $(8.32)M; Revenue +3.4% to $85.1M
AI Summary
Inogen Inc. reported a net loss of $8.32 million for the first quarter of 2026, an increase from $6.17 million in the prior year. Total revenue grew 3.4% to $85.1 million, driven by a 5.75% increase in sales revenue, while rental revenue declined. The company's basic net loss per share was $(0.30), up from $(0.25) year-over-year. Despite the increased loss, net cash used in operating activities significantly decreased to $6.68 million from $16.79 million.
Key Highlights
- Q1 2026 net loss increased to $(8.32) million from $(6.17) million year-over-year.
- Total revenue rose 3.4% to $85.1 million from $82.28 million year-over-year.
- Basic net loss per share was $(0.30) compared to $(0.25) in Q1 2025.
- Sales revenue increased 5.75% to $72.4 million; rental revenue decreased 8.0% to $12.7 million.
- International revenue grew 17.77% to $37.67 million; U.S. revenue declined 5.67% to $47.44 million.
- Net cash used in operating activities improved to $(6.68) million from $(16.79) million year-over-year.
- The company repurchased $1.87 million of common stock during the quarter.