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Filing Flows › Insmed (INSM) › Q2 2026 › vs Q1 2026

Insmed (INSM) Q2 2026 vs Q1 2026 (quarter over quarter)

Insmed's revenue rose $120M (+39%) from $306M in Q1 2026 to $425M in Q2 2026. The biggest changes: BRINSUPRI +$101M (+49%); ARIKAYCE +$18.2M (+19%).

Insmed, Q2 2026: revenue $425M (+296% year over year), operating margin -0.4%, net loss $13.2M, operating cash flow −$88.8M. The chart draws each line against Q1 2026, the increases inside each band.

Insmed: what changed, Q2 2026 vs Q1 2026Insmed: what changed, Q2 2026 vs Q1 2026Net loss−$150MNet loss absorbed−$150MOperating cash sources−$138MCash used in operations−$134MBRINSUPRI$101MOperating costs−$32.2MCosts & expenses−$30.8MARIKAYCE$18.2MWorking capital & other$12.2MShare-based compensation−$4.5M

Every line

LineQ2 2026Q1 2026Change%
BRINSUPRI$309M$208M$101M+49%
ARIKAYCE$116M$98.1M$18.2M+19%
Revenue$425M$306M$120M+39%
Net loss$13.2M$164M−$150M-92%
Costs & expenses$439M$470M−$30.8M-7%
Operating costs$427M$459M−$32.2M-7%
Interest & other, net$9.8M$8.8M$1.0M+12%
Income tax$1.9M$1.5M$404K+28%
Operating cash sources$135M$274M−$138M-51%
Depreciation & amortization$5.3M$5.0M$245K+5%
Share-based compensation$41.3M$45.8M−$4.5M-10%
Cash used in operations$88.8M$223M−$134M-60%
Net loss absorbed$13.2M$164M−$150M-92%
Working capital & other$122M$110M$12.2M+11%

Questions

How much did Insmed's revenue grow quarter over quarter in Q2 2026?

Insmed's revenue rose $120M (+39%) from $306M in Q1 2026 to $425M in Q2 2026.

What drove Insmed's revenue change in Q2 2026?

BRINSUPRI +$101M (+49%); ARIKAYCE +$18.2M (+19%).

Q2 2026 results → · Compare in the interactive Sankey →