Filing Flows › Inogen (INGN) › Q3 2026
Inogen (INGN) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
Inogen (INGN) reported revenue of $77.2M for the third quarter 2026 (Q3 2026), -2% from a year earlier and -19% from the quarter before. Operating margin was -20.2%, net loss $16.2M (20.9% of revenue).
Inogen, Q3 2026: revenue $77.2M (-2% year over year), operating margin -20.2%, net loss $16.2M, operating cash flow −$4.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $77.2M | -19% | -2% |
| Operating profit | −$15.6M | — | — |
| Net earnings | −$16.2M | — | — |
| Operating cash flow | −$4.5M | -252% | -306% |
What changed
Revenue was $77.2M in Q3 2026, down 2% year over year and down 19% from the previous quarter.
Gross margin was 44.1%, down 1.7 points from Q3 2025. Operating costs exceeded revenue by $15.6M, an operating margin of -20.2%. Operating expenses grew 19% against a revenue fall of 2%. The fastest-growing cost line was Research & development (+12%). The quarter ended with a net loss of $16.2M, wider than the previous quarter's $3.9M loss.
Operating cash flow was −$4.5M. Non-cash charges added back $1.7M of share-based compensation. Working capital and other items added $10.0M. Capital expenditures of $280K exceeded it, leaving free cash flow of −$4.8M.
Questions
What was Inogen's revenue in the third quarter 2026?
Inogen (INGN) reported revenue of $77.2M for the third quarter 2026 (Q3 2026), -2% from a year earlier and -19% from the quarter before.
Was Inogen profitable in the third quarter 2026?
Operating loss was $15.6M (-20.2% of revenue) and net loss $16.2M.
Source: Inogen 10-Q on SEC EDGAR.