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MARKETS / NASDAQ / NSPR
NASDAQ · SURGICAL & MEDICAL INSTRUMENTS & APPARATUS · SMALL CAP

InspireMD, Inc. NSPR

16 fiscal years on record · USD · FY2025 reported · SEC filings only
$9.0M
▲ 28.1% YoY
$-48.8M
$-36.8M
In brief

What this company does

We are a medical device company specializing in the development and commercialization of products for the treatment of carotid artery disease and other vascular conditions. Our first product, the CGuard Carotid Embolic Prevention System (“CGuard EPS”), integrates a self-expanding nitinol stent with a MicroNet mesh sleeve as a single device for carotid artery revascularization. CGuard Prime received premarket approval (“PMA”) by the U.S. Food and Drug Administration (“FDA”) on June 23, 2025, and is marketed exclusively in the United States through our direct salesforce. We were organized in the State of Delaware on February 29, 2008. In October 2024, we established our global headquarters in Miami, Florida to support the U.S. launch and commercialization of CGuard Prime.

Written from the business description in InspireMD, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 18 March 2026. Every sentence was checked against that document before publication.

Growth
USD 9.0M
Revenue, FY2025 · full 16-year series below
Revenue $M Net income $M
FY2025 · Revenue 9.0 · Net income -48.8
4M8M-20M-40M200920112014201620182020202220242025
Compound annual growth
+20.2%
+29.3%
+14.5%
+4.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +29.3% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−543 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -552.6% · Net -543.3%
-500%200920112014201620182020202220242025
ROE
FY2025 · ROE -106.9%
-500%-1000%-1500%200920112014201620182020202220242025

Each USD of equity lost 107 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -36.8
-20M200920112014201620182020202220242025
Net buybacks $M Dividends $M
FY2011 · Dividends — · Net buybacks -1.5
-0.5M-1.0M2011

Total assetsUSD 69.4M
EquityUSD 55.2M
CashUSD 8.9M
Current ratio5.74×

Equity funds 80% of total assets.

The 16-year record
16 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142012201120102009
Revenue $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0·−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Income tax $B0.00.00.00.00.00.00.0·0.00.00.00.00.00.00.00.0
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EPS, diluted $−0.76−0.76−0.82−2.35−2.03−6.97−4.80−16.67−34.98−207.72−55.85−7.09−1.39−1.04−0.07−0.06
Dividend / sh $················
Payout %················
ROE %−106.9−84.7−70.0−72.6−65.3−120.2−141.9−126.0−249.2−1539.8··−272.3−787.0··
Shares out B0.040.030.020.010.010.000.000.040.000.000.000.000.030.020.05·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 76 reconciliationsAUDITED

Reconciled in 16 of 19 fiscal years. 19 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivitySurgical & Medical Instruments & Apparatus
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2009

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