Insmed Incorporated

Insmed Incorporated

INSM
Insmed IncorporatedUS flagNASDAQ Global Select
117.67
USD
-0.16
- -
25.51BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.33
- -
- -
- -
- -
0.13
1.61
1.68
1.68
1.99
2.17
2.22
3.05
5.3
Basic EPS, GAAP
-1.6
-1.84
-2.02
-2.85
-2.89
-4.22
-3.01
-3.01
-3.88
-3.91
-5.34
-5.57
-6.42
-4.08
Free Cash Flow per Basic Share
-1.36
-1.62
-1.78
-2.44
-2.44
-3.55
-3.46
-2.32
-3.31
-3.33
-3.91
-4.3
-4.86
-3.76
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3.66
3.74
5.04
2.49
4.71
2.69
2.92
2.68
3.46
0.65
-2.24
1.59
3.45
3.47
Tangible Book Value per Share
2.17
2.57
4.1
1.55
3.95
1.94
2.32
2.21
1.69
-0.86
-3.59
0.51
2.36
2.42
Basic Weighted Avg Shares
35
43
59
62
67
77
85
98
112
123
140
164
199
215
Sales/Revenue/Turnover
12
- -
- -
- -
- -
10
136
164
188
245
305
364
606
1,138
Operating Margin (%)
-478.39
- -
- -
- -
- -
-3,124.94
-172.38
-161.32
-195.14
-194.87
-223.1
-216.26
-164.04
-71.43
Depreciation Expense
1
1
2
2
3
5
10
14
14
10
11
11
16
20
Net Income, GAAP
-56
-79
-118
-176
-193
-324
-254
-294
-435
-482
-750
-914
-1,277
-875
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-487.59
- -
- -
- -
- -
-3,297.17
-186.37
-178.87
-230.63
-196.26
-245.59
-251.24
-210.54
-76.94
Working Capital
100
145
266
140
345
439
470
504
702
1,083
703
1,324
1,325
1,195
LT Debt
16
25
22
55
56
317
385
392
602
1,170
1,193
1,137
574
570
Total Equity
143
186
312
154
361
208
262
276
410
88
-332
285
739
757
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-42.45
-48.04
-47.47
-75.62
-74.74
-113.92
-108.24
-109.42
-126.66
-193.22
- -
- -
-249.28
-87.22

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
13
8
10
LT Borrowings
541
542
544
LT Finance Leases
33
30
27
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
214
217
218
Market Capitalization
37,289
35,406
23,273

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,794
1,613
1,634
Cash, Cash Equivalents & STI
1,430
1,224
1,160
Accounts Receivable, Net
141
179
215
Inventories
132
133
142
Total Current Liabilities
469
361
439
Payables & Accruals
345
307
367
ST Debt
13
8
10
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-46.22%
-106.84%
158.95%
Free Cash Flow
27.9%
34.81%
37.09%
Net Income, GAAP
29.67%
35.18%
39.73%
Sales/Revenue/Turnover
- -
31.02%
66.73%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
76
90
93
104
364
2025
93
107
142
264
606
2026
306
425
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.06
-1.94
-1.27
-1.32
-5.57
2025
-1.42
-1.7
-1.75
-1.54
-6.42
2026
-0.76
-0.06
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
William H. Lewis
Full Time Employees
1,664
Sector
Healthcare
Industry
Biotechnology
Address
700 US Highway 202/206 Bridgewater NJ United States of America 08807
IPO Date
Jun 1, 2000
Website
insmed.com
Business
Insmed Incorporated (Nasdaq: INSM), a global biopharmaceutical company founded in 1988 and headquartered in Bridgewater, New Jersey, focuses on rare diseases with investigational and approved therapies in pulmonary, inflammatory, and other serious conditions; its approved products include ARIKAYCE (amikacin liposome inhalation suspension) for Mycobacterium avium complex lung disease in adults with limited treatment options and BRINSUPRI (brensocatib), a first-in-class neutrophil elastase inhibitor for non-cystic fibrosis bronchiectasis; the company advances a pipeline encompassing TPIP for pulmonary arterial hypertension, INS1201, and preclinical programs in gene therapy, AI-driven protein engineering, RNA end-joining, and synthetic rescue, serving patients primarily through clinical trials and commercial launches targeting chronic lung diseases. Insmed operates 9 corporate offices and 4 global research sites across the United States, Europe, Japan, and other regions, with over 1,500 employees as of mid-2025. Recent developments include FDA approval of BRINSUPRI in 2025 and its subsequent European Union approval, topline results from the Phase 2b pulmonary arterial hypertension study and Phase 3 ASPEN study in 2024-2025, the opening of a new research lab in Cambridge, UK, a proposed $650 million public offering of common stock in June 2025, raised full-year 2025 ARIKAYCE revenue guidance to $420-430 million, and repeated recognition as the No. 1 biopharma employer by Science magazine.

Company News

  • FDA Accepts Insmed's Filing Seeking Label Expansion for Arikayce

  • Insmed: Expensive Stock, But Discount To Recent Highs Makes Bull Case

  • FDA Grants Priority Review to Insmed's sNDA for ARIKAYCE® (amikacin liposome inhalation suspension) for Treatment of MAC Lung Disease With PDUFA Target Action Date Set for January 28, 2027

  • Insmed Expands Community Impact During Fifth Annual Global Day of Good

  • Insmed Incorporated (INSM) Presents at Morgan Stanley 24th Annual Global Healthcare Conference Transcript

  • Insmed Incorporated (INSM) Presents at 12th Annual Cantor Fitzgerald Global Healthcare Conference Transcript

  • Insmed: A Strong Launch And A Much Bigger Peak Sales Opportunity

  • Insmed Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

  • Insmed to Present Data Across Its Respiratory Portfolio, Including New Late-Breaking ARIKAYCE® (amikacin liposome inhalation suspension) Results From Phase 3b ENCORE Study at the European Respiratory Society Congress 2026

  • Liquidia vs. Insmed: Which Pulmonary Stock Has Better Prospects Now?

  • Insmed to Present at September 2026 Investor Conferences

  • Billionaire Stanley Druckenmiller Is Quietly Loading Up on Healthcare Stocks -- Here's What His New Positions Reveal

  • Alger Mid Cap 40 ETF Q2 2026 Portfolio Review

  • BRINSUPRI® (brensocatib) Approved by Japan's Ministry of Health, Labour and Welfare for the Treatment of Patients With Non-Cystic Fibrosis Bronchiectasis, a Serious, Chronic Lung Disease

  • Invesco Discovery Mid Cap Growth Fund Q2 2026 Portfolio Performance

  • Biotech Is Booming, But These 2 Stocks Missed the Memo

  • Insmed Tops Q2 Earnings Estimates, Stock Soars 34% on Brinsupri Uptake

  • Insmed Q2 Earnings Call Highlights

  • Insmed Incorporated (INSM) Q2 2026 Earnings Call Transcript

  • Insmed (INSM) Reports Q2 Earnings: What Key Metrics Have to Say