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Page: Company Financials

InMode Ltd.

Ticker: INMD | Industry: Medical - Devices | Sector: Healthcare
$15.12 -0.12 (-0.79%)
As of: 2026-01-28

Master Data Export

Enterprise Value

Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017
Stock Price 16.09 18.16 30.50 31.03 58.46 16.69 10.99 6.79 6.79
Market Capitalization 1,066.58M 1,447.43M 2,546.87M 2,561.94M 4,790.12M 1,215.19M 701.35M 434.20M 409.93M
(-) Cash & Equivalents 181.09M 133.27M 132.74M 76.92M 65.93M 61.92M 35.32M 13.33M 2.33M
(+) Total Debt 5.85M 6.26M 4.94M 3.84M 3.15M 0.56M 0.95M 0.00M 0.00M
Enterprise Value 891.33M 1,320.41M 2,419.06M 2,488.87M 4,727.34M 1,153.83M 666.99M 420.87M 407.60M

Income Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31
Revenue 364M 424M 395M 492M 454M 358M 206M 156M 100M 53M 23M
Cost of Revenue 77M 78M 78M 81M 73M 54M 31M 20M 15M 9M 6M
Gross Profit 287M 346M 317M 411M 381M 304M 175M 136M 85M 44M 17M
Gross Profit Margin 78.8% 81.6% 80.3% 83.6% 83.8% 85.0% 85.0% 87.1% 85.0% 83.1% 75.5%
R&D Expenses 12M 14M 13M 13M 12M 10M 9M 6M 4M 3M 2M
SG&A Expenses 188M 196M 191M 202M 171M 128M 93M 71M 49M 33M 14M
Operating Expenses 200M 210M 205M 216M 183M 136M 102M 77M 54M 35M 17M
Operating Income (EBIT) 87M 136M 113M 196M 198M 167M 73M 60M 31M 9M 1M
Operating Income Margin 23.9% 32.1% 28.5% 39.8% 43.6% 46.8% 35.3% 38.1% 31.4% 16.7% 2.9%
Interest Income 24M 36M 31M 22M 4M 1M 3M 2M 0M 1M 0M
Interest Expense 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
Net Interest Income 24M 36M 31M 22M 4M 1M 3M 2M 0M 1M 0M
Unusual Items 0M 0M 0M 0M 0M 0M 0M 0M -8M 0M 0M
EBT Excluding Unusual Items 111M 171M 143M 217M 201M 168M 76M 62M 32M 10M 1M
Pre-Tax Income 111M 171M 143M 217M 201M 168M 76M 62M 24M 10M 1M
Pre-Tax Margin 30.5% 40.5% 36.3% 44.2% 44.3% 47.0% 36.9% 39.7% 23.6% 18.3% 2.9%
Income Tax Expense -38M 18M -38M 19M 40M 3M 1M 1M 1M 1M 0M
Net Income 150M 154M 181M 198M 162M 165M 75M 61M 22M 9M 0M
Net Income Margin 41.0% 36.3% 45.9% 40.2% 35.6% 46.1% 36.4% 39.1% 22.3% 16.5% 1.5%
Depreciation & Amortization 1M 1M 1M 1M 1M 1M 0M 0M 0M 0M 0M
EBITDA 88M 137M 113M 196M 199M 168M 73M 60M 32M 9M 1M
EBITDA Margin 24.2% 32.2% 28.7% 39.9% 43.7% 47.0% 35.5% 38.3% 31.6% 17.1% 3.6%
NOPAT 117M 122M 142M 178M 159M 165M 72M 59M 30M 8M 0M
NOPAT Margin 32.2% 28.8% 36.0% 36.2% 34.9% 46.0% 34.8% 37.6% 29.8% 15.1% 1.5%
Owner's Earnings 150M 154M 181M 198M 161M 165M 75M 61M 22M 9M 0M
Owner's Earnings Margin 41.1% 36.3% 45.9% 40.2% 35.4% 46.0% 36.4% 38.9% 22.1% 16.5% 1.3%
EPS (Basic) 2.18 1.88 2.29 2.37 1.96 2.03 1.04 1.05 0.35 0.14 0.01
EPS (Diluted) 2.22 1.83 2.25 2.30 1.89 1.92 0.89 0.80 0.35 0.14 0.01
Shares (Basic) 67M 82M 79M 84M 82M 81M 72M 58M 64M 64M 60M
Shares (Diluted) 67M 84M 81M 86M 85M 86M 84M 76M 64M 64M 53M

Product Segments

Metric TTM TTM-1 2023-12-31
Capital Equipment 0.00M 0.00M 412.09M

Geographic Segments

Metric TTM TTM-1 2023-12-31 2022-12-31
Europe 0.00M 0.00M 62.53M 49.27M
Other Country 0.00M 0.00M 121.70M 106.39M
United States 0.00M 0.00M 307.82M 298.61M

Balance Sheet

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31
Cash & Cash Equivalents 252.44M 216.24M 155.33M 144.41M 97.54M 68.14M 68.94M 44.73M 24.72M 17.59M 6.70M
Short-Term Investments 279.87M 294.45M 441.14M 597.19M 449.84M 347.78M 191.60M 148.64M 36.58M 7.45M 1.59M
Cash & Short-Term Investments 532.31M 510.68M 596.47M 741.61M 547.38M 415.91M 260.53M 193.36M 61.30M 25.04M 8.28M
Net Receivables 62.58M 59.99M 41.05M 43.63M 28.27M 24.77M 14.07M 10.44M 9.50M 7.07M 2.90M
Inventory 71.40M 68.11M 59.55M 45.10M 39.90M 21.03M 14.98M 9.41M 6.96M 5.04M 2.76M
Other Current Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.36M
Total Current Assets 666.29M 638.78M 697.07M 830.33M 615.55M 461.71M 289.59M 213.21M 77.76M 37.15M 14.30M
Property, Plant & Equipment 11.16M 11.56M 11.05M 12.08M 7.37M 5.73M 2.14M 2.30M 0.54M 0.35M 0.40M
Goodwill 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Long-Term Investments 0.70M 0.70M 0.70M 0.70M 0.60M 0.60M 3.97M 0.60M 0.54M 1.14M 0.00M
Tax Assets 54.10M 54.76M 56.29M 1.51M 3.09M 1.33M 0.06M 1.90M 1.31M 0.81M 0.00M
Other Non-Current Assets 2.35M 2.55M 3.18M 3.67M 3.97M 0.77M 0.00M 0.37M 1.44M 1.14M 1.78M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 68.31M 69.57M 71.22M 17.96M 15.04M 8.43M 6.17M 5.18M 3.84M 3.43M 2.19M
Total Assets 734.61M 708.35M 768.29M 848.29M 630.58M 470.14M 295.76M 218.39M 81.60M 40.58M 16.49M
Accounts Payable 16.72M 17.48M 13.78M 13.97M 16.24M 8.78M 6.41M 3.70M 4.51M 3.06M 1.60M
Short-Term Debt 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.88M 0.00M 0.00M 0.00M 0.00M
Tax Payables 0.00M 0.00M 0.93M 1.92M 19.24M 1.24M 0.76M 0.20M 0.32M 1.02M 0.00M
Deferred Revenue 15.10M 13.00M 16.76M 10.92M 13.80M 13.81M 11.90M 15.59M 5.76M 1.13M 0.00M
Other Current Liabilities 36.51M 36.06M 33.49M 33.49M 31.29M 26.82M 5.06M 13.00M 13.37M 4.22M 5.77M
Total Current Liabilities 68.33M 66.53M 64.96M 60.30M 80.57M 50.64M 25.01M 32.49M 23.96M 9.44M 7.37M
Long-Term Debt 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Capital Lease Obligations 5.59M 6.10M 7.82M 9.02M 4.96M 4.52M 0.36M 0.74M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.04M 0.01M 0.11M 0.00M
Other Non-Current Liabilities 4.17M 3.92M 3.36M 1.40M 0.30M 4.83M 2.91M 1.49M 2.96M 3.07M 0.00M
Total Non-Current Liabilities 9.76M 10.02M 11.18M 10.42M 5.27M 9.35M 3.27M 2.28M 2.97M 3.17M 0.00M
Total Liabilities 78.09M 76.56M 76.14M 70.71M 85.83M 59.99M 28.28M 34.77M 26.93M 12.61M 7.37M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 0.00M 0.00M 0.25M 0.25M 0.24M 0.24M 0.11M 0.09M 0.07M 0.07M 0.04M
Retained Earnings 0.00M 0.00M 874.70M 693.43M 495.51M 333.99M 169.02M 93.99M 32.97M 10.82M 3.15M
Accumulated OCI 0.00M 0.00M -0.34M -1.68M -7.49M -1.32M 0.36M 0.12M 0.07M 0.54M 0.17M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 1.51M 3.74M 1.41M 3.07M 0.18M
Total Shareholders’ Equity 0.00M 0.00M 874.61M 691.99M 488.26M 332.91M 169.48M 94.20M 33.11M 11.43M 3.36M
Total Equity 0.00M 0.00M 874.61M 691.99M 488.26M 332.91M 170.99M 97.94M 34.52M 14.50M 3.54M
Total Liabilities & Equity 78.09M 76.56M 950.75M 762.71M 574.09M 392.90M 199.27M 132.71M 61.45M 27.11M 10.91M
Tangible Assets 734.61M 708.35M 768.29M 848.29M 630.58M 470.14M 295.76M 218.39M 81.60M 40.58M 16.49M
Tangible Equity 0.00M 0.00M 874.61M 691.99M 488.26M 332.91M 170.99M 97.94M 34.52M 14.50M 3.54M
Tangible Book Value 0.00M 0.00M 874.61M 691.99M 488.26M 332.91M 170.99M 97.94M 34.52M 14.50M 3.54M
Total Investments 280.57M 295.15M 441.84M 597.89M 450.44M 348.38M 195.57M 149.24M 37.12M 8.58M 1.59M
Net Debt -252.44M -216.24M -155.33M -144.41M -97.54M -68.14M -68.06M -44.73M -24.72M -17.59M -6.70M

Capital Metrics

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31
Working Capital 598.0M 572.2M 644.6M 781.2M 547.4M 418.3M 254.6M 180.7M 48.3M 23.7M 6.9M
Total Capital 659.0M 634.5M 711.6M 796.4M 559.6M 420.3M 255.2M 176.8M 43.3M 19.5M 8.9M
Capital Employed 666.3M 641.8M 715.8M 799.2M 562.4M 426.7M 260.7M 185.9M 51.6M 26.0M 9.1M
Invested Capital 406.5M 418.3M 556.3M 652.0M 462.0M 352.2M 186.3M 132.1M 18.5M 1.9M 2.2M

Cash Flow Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31
Net Income 149.58M 153.67M 181.28M 197.92M 161.52M 165.07M 75.03M 61.16M 22.37M 8.82M 0.34M
Depreciation & Amortization 0.77M 0.60M 0.73M 0.62M 0.68M 0.52M 0.42M 0.30M 0.18M 0.20M 0.15M
Deferred Income Tax -52.96M -0.09M -55.18M -0.18M 0.08M -0.77M 1.73M -0.59M -0.59M -0.58M 0.00M
Stock-Based Compensation 3.45M 5.16M 16.57M 23.60M 24.45M 11.96M 12.85M 1.56M 1.95M 2.44M 0.13M
Change in Working Capital -18.26M -5.36M -7.07M -41.44M -4.47M -3.81M -10.61M 0.54M 4.79M 3.52M 2.05M
Accounts Receivable 2.25M -2.14M 0.25M -18.31M -10.42M -10.54M -4.42M 0.45M -0.57M -2.70M -1.05M
Inventory -13.66M -18.05M -14.45M -5.20M -18.87M -6.04M -5.58M -2.45M -1.89M -2.34M -0.37M
Accounts Payable 2.54M 1.95M -0.18M -2.28M 7.46M 2.37M 2.71M 0.09M 0.54M 1.51M 0.00M
Other Working Capital -9.39M 12.89M 7.32M -15.66M 17.36M 10.41M -3.33M 2.44M 6.71M 7.05M 3.46M
Other Non-Cash Items 15.31M 4.95M -3.66M -3.69M -0.69M 1.91M -0.18M -0.75M 8.19M 0.21M 0.34M
Net Cash from Operating Activities 97.88M 158.93M 132.66M 176.83M 181.58M 174.89M 79.23M 62.21M 36.89M 14.61M 3.00M
Capital Expenditures (PPE) -0.69M -0.45M -0.67M -0.71M -1.58M -0.94M -0.46M -0.69M -0.38M -0.19M -0.19M
Acquisitions (Net) 0.00M 0.00M 0.00M 0.00M 20.61M 3.91M 20.89M 18.91M 0.00M 1.73M 0.00M
Purchases of Investments -272.11M -401.15M -504.41M -478.68M -262.38M -346.92M -225.39M -213.83M -48.35M -5.70M 0.00M
Sales / Maturities of Investments 516.67M 433.51M 667.28M 343.32M 154.48M 187.76M 182.55M 102.07M 18.99M 0.20M 0.00M
Other Investing Activities 0.00M 2.90M 0.00M 0.00M -20.61M -3.91M -20.89M -18.91M -29.36M -5.50M -0.24M
Net Cash from Investing Activities 243.87M 34.81M 162.21M -136.06M -109.47M -160.11M -43.31M -112.45M -29.74M -5.68M -0.43M
Net Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Long-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Short-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance -252.30M -164.58M -285.39M 0.00M -42.64M -15.02M -12.44M 69.78M 0.00M 0.00M 0.00M
Common Stock Issuance 1.30M 1.05M 0.00M 0.00M 0.00M 0.00M 0.00M 69.78M 0.19M 0.06M 0.00M
Common Stock Repurchased -253.11M -165.62M -285.39M 0.00M -42.64M -35.37M -17.22M 0.00M 0.00M 0.00M 0.00M
Preferred Stock Issuance -0.49M 0.00M 0.00M 0.00M 0.00M 20.34M 4.78M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities 1.91M 0.48M 2.61M 5.50M 1.55M 0.00M 0.00M 0.39M 0.19M 1.79M 0.05M
Net Cash from Financing Activities -250.38M -164.10M -282.77M 5.50M -41.09M -15.02M -12.44M 70.17M 0.19M 1.79M 0.05M
Effect of FX on Cash -3.77M 1.46M -1.18M 0.61M -1.62M -0.56M 0.73M 0.08M -0.21M 0.19M 0.13M
Net Change in Cash 87.60M 31.11M 10.92M 46.87M 29.40M -0.80M 24.21M 20.01M 7.13M 10.90M 2.75M
Cash at Beginning of Period 682.35M 491.07M 144.41M 97.54M 68.14M 68.94M 44.73M 24.72M 17.59M 6.70M 3.95M
Cash at End of Period 769.95M 522.18M 155.33M 144.41M 97.54M 68.14M 68.94M 44.73M 24.72M 17.59M 6.70M
Operating Cash Flow 97.88M 158.93M 132.66M 176.83M 181.58M 174.89M 79.23M 62.21M 36.89M 14.61M 3.00M
Capital Expenditure -0.69M -0.45M -0.67M -0.71M -1.58M -0.94M -0.46M -0.69M -0.38M -0.19M -0.19M
Free Cash Flow 97.19M 158.48M 132.00M 176.12M 180.00M 173.95M 78.76M 61.51M 36.51M 14.42M 2.81M

Free Cash Flow

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31
EBITDA 88.03M 136.51M 113.26M 196.28M 198.53M 167.19M 73.26M 59.92M 31.67M 9.15M 0.82M
(-) Tax Adjustment 0.00M 14.14M 0.00M 17.48M 39.36M 2.91M 1.07M 0.85M 1.69M 0.92M 0.29M
(-) Change In Working Capital -18.26M -5.36M -7.07M -41.44M -4.47M -3.81M -10.61M 0.54M 4.79M 3.52M 2.05M
(-) Capital Expenditure -0.69M -0.45M -0.67M -0.71M -1.58M -0.94M -0.46M -0.69M -0.38M -0.19M -0.19M
Unlevered Free Cash Flow 105.59M 127.28M 119.66M 219.54M 162.06M 167.15M 82.34M 57.84M 24.81M 4.53M -1.70M
(-) Net Interest Income After Taxes 23.99M 31.83M 30.94M 19.68M 2.90M 0.52M 3.24M 2.39M 0.13M 0.76M 0.00M
Net Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Levered Free Cash Flow 81.61M 95.45M 88.72M 199.85M 159.17M 166.64M 79.10M 55.45M 24.68M 3.77M -1.70M