Filing Flows › Inogen (INGN) › Q4 2024
Inogen (INGN) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 28, 2025
Inogen (INGN) reported revenue of $80.1M for the fourth quarter 2024 (Q4 2024), +6% from a year earlier and -10% from the quarter before. Operating margin was -14.2%, net loss $9.8M (12.2% of revenue).
Inogen, Q4 2024: revenue $80.1M (+6% year over year), operating margin -14.2%, net loss $9.8M, operating cash flow −$3.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $80.1M | -10% | +6% |
| Operating profit | −$11.4M | — | — |
| Net earnings | −$9.8M | — | — |
| Operating cash flow | −$3.0M | — | — |
What changed
Revenue was $80.1M in Q4 2024, up 6% year over year and down 10% from the previous quarter.
Gross margin was 45.3%, up 8.2 points from a year earlier. Operating costs exceeded revenue by $11.4M, an operating margin of -14.2%. Operating expenses fell 17% while revenue rose 6%. The quarter ended with a net loss of $9.8M, wider than the previous quarter's $6.0M loss.
Operating cash flow was −$3.0M. Non-cash charges added back $5.1M of depreciation and amortization and $1.7M of share-based compensation. Capital expenditures of $329K exceeded it, leaving free cash flow of −$3.3M.
Questions
What was Inogen's revenue in the fourth quarter 2024?
Inogen (INGN) reported revenue of $80.1M for the fourth quarter 2024 (Q4 2024), +6% from a year earlier and -10% from the quarter before.
Was Inogen profitable in the fourth quarter 2024?
Operating loss was $11.4M (-14.2% of revenue) and net loss $9.8M.
Source: Inogen 10-K on SEC EDGAR.