Filing Flows › Inogen (INGN) › Q2 2026
Inogen (INGN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Inogen (INGN) reported revenue of $95.1M for the second quarter 2026 (Q2 2026), +3% from a year earlier and +12% from the quarter before. Operating margin was -5.4%, net loss $3.9M (4.0% of revenue).
Inogen, Q2 2026: revenue $95.1M (+3% year over year), operating margin -5.4%, net loss $3.9M, operating cash flow $2.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $95.1M | +12% | +3% |
| Operating profit | −$5.1M | — | — |
| Net earnings | −$3.9M | — | — |
| Operating cash flow | $2.9M | — | -32% |
| Free cash flow | $2.2M | — | -39% |
What changed
Revenue was $95.1M in Q2 2026, up 3% year over year and up 12% from the previous quarter.
Gross margin was 45.5%, up 0.7 points from Q2 2025. Operating costs exceeded revenue by $5.1M, an operating margin of -5.4%. Operating expenses grew 2% against revenue growth of 3%. The fastest-growing cost line was Research & development (+13%). The quarter ended with a net loss of $3.9M, narrower than the previous quarter's $8.3M loss. Non-operating items added $1.1M, -27% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $2.9M (down 32% year over year). Non-cash charges added back $4.7M of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items added $328K. Capital expenditures of $711K left free cash flow of $2.2M.
Questions
What was Inogen's revenue in the second quarter 2026?
Inogen (INGN) reported revenue of $95.1M for the second quarter 2026 (Q2 2026), +3% from a year earlier and +12% from the quarter before.
Was Inogen profitable in the second quarter 2026?
Operating loss was $5.1M (-5.4% of revenue) and net loss $3.9M.
Source: Inogen 10-Q on SEC EDGAR.