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Side-by-side financial comparison of Inspire Medical Systems, Inc. (INSP) and Orion Group Holdings Inc (ORN). Click either name above to swap in a different company.

Orion Group Holdings Inc is the larger business by last-quarter revenue ($216.3M vs $204.6M, roughly 1.1× Inspire Medical Systems, Inc.). On growth, Orion Group Holdings Inc posted the faster year-over-year revenue change (14.6% vs 1.6%). Over the past eight quarters, Orion Group Holdings Inc's revenue compounded faster (6.1% CAGR vs 2.2%).

Inspire Medical Systems, Inc. is a medical technology firm that develops, manufactures and commercializes implantable neurostimulation solutions for obstructive sleep apnea. Its core product serves patients intolerant to CPAP therapy, with main markets across North America, Europe, and select Asia-Pacific regions, operating in sleep medicine and otolaryngology segments.

Orion Corporation, founded in 1917 and headquartered at Espoo, Finland, is a globally operating Finnish company which develops, manufactures and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients for global markets. All of the company's manufacturing sites and the majority of its R&D units are in Finland.

INSP vs ORN — Head-to-Head

Bigger by revenue
ORN
ORN
1.1× larger
ORN
$216.3M
$204.6M
INSP
Growing faster (revenue YoY)
ORN
ORN
+13.0% gap
ORN
14.6%
1.6%
INSP
Faster 2-yr revenue CAGR
ORN
ORN
Annualised
ORN
6.1%
2.2%
INSP

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
INSP
INSP
ORN
ORN
Revenue
$204.6M
$216.3M
Net Profit
$4.7M
Gross Margin
86.5%
12.0%
Operating Margin
13.0%
Net Margin
2.2%
Revenue YoY
1.6%
14.6%
Net Profit YoY
435.7%
EPS (diluted)
$-0.39
$0.12

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
INSP
INSP
ORN
ORN
Q1 26
$204.6M
$216.3M
Q4 25
$269.1M
$233.2M
Q3 25
$224.5M
$225.1M
Q2 25
$217.1M
$205.3M
Q1 25
$201.3M
$188.7M
Q4 24
$239.7M
$216.9M
Q3 24
$203.2M
$226.7M
Q2 24
$195.9M
$192.2M
Net Profit
INSP
INSP
ORN
ORN
Q1 26
$4.7M
Q4 25
$136.1M
$-240.0K
Q3 25
$9.9M
$3.3M
Q2 25
$-3.6M
$841.0K
Q1 25
$3.0M
$-1.4M
Q4 24
$35.2M
$6.8M
Q3 24
$18.5M
$4.3M
Q2 24
$9.8M
$-6.6M
Gross Margin
INSP
INSP
ORN
ORN
Q1 26
86.5%
12.0%
Q4 25
86.6%
11.6%
Q3 25
85.8%
13.2%
Q2 25
84.0%
12.6%
Q1 25
84.7%
12.2%
Q4 24
85.0%
14.0%
Q3 24
84.1%
11.9%
Q2 24
84.8%
9.5%
Operating Margin
INSP
INSP
ORN
ORN
Q1 26
13.0%
Q4 25
17.1%
2.2%
Q3 25
4.3%
2.4%
Q2 25
-1.5%
1.7%
Q1 25
-0.7%
0.4%
Q4 24
13.3%
4.4%
Q3 24
7.0%
3.4%
Q2 24
2.6%
-1.4%
Net Margin
INSP
INSP
ORN
ORN
Q1 26
2.2%
Q4 25
50.6%
-0.1%
Q3 25
4.4%
1.5%
Q2 25
-1.7%
0.4%
Q1 25
1.5%
-0.7%
Q4 24
14.7%
3.1%
Q3 24
9.1%
1.9%
Q2 24
5.0%
-3.4%
EPS (diluted)
INSP
INSP
ORN
ORN
Q1 26
$-0.39
$0.12
Q4 25
$4.57
$-0.00
Q3 25
$0.34
$0.08
Q2 25
$-0.12
$0.02
Q1 25
$0.10
$-0.04
Q4 24
$1.17
$0.22
Q3 24
$0.60
$0.12
Q2 24
$0.32
$-0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
INSP
INSP
ORN
ORN
Cash + ST InvestmentsLiquidity on hand
$98.9M
$6.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$792.3M
$166.7M
Total Assets
$911.4M
$478.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INSP
INSP
ORN
ORN
Q1 26
$98.9M
$6.3M
Q4 25
$308.3M
$1.6M
Q3 25
$322.6M
$4.9M
Q2 25
$300.9M
$1.7M
Q1 25
$369.2M
$13.0M
Q4 24
$445.5M
$28.3M
Q3 24
$411.0M
$28.3M
Q2 24
$439.7M
$4.8M
Total Debt
INSP
INSP
ORN
ORN
Q1 26
Q4 25
Q3 25
Q2 25
$33.4M
Q1 25
$23.3M
Q4 24
$23.2M
Q3 24
$28.0M
Q2 24
$60.3M
Stockholders' Equity
INSP
INSP
ORN
ORN
Q1 26
$792.3M
$166.7M
Q4 25
$781.2M
$159.0M
Q3 25
$666.5M
$157.9M
Q2 25
$677.8M
$153.2M
Q1 25
$635.7M
$150.8M
Q4 24
$689.7M
$150.7M
Q3 24
$696.6M
$142.4M
Q2 24
$638.1M
$111.1M
Total Assets
INSP
INSP
ORN
ORN
Q1 26
$911.4M
$478.7M
Q4 25
$907.3M
$414.7M
Q3 25
$807.7M
$422.4M
Q2 25
$802.2M
$432.7M
Q1 25
$730.8M
$416.3M
Q4 24
$808.4M
$417.3M
Q3 24
$796.2M
$430.3M
Q2 24
$728.4M
$414.0M
Debt / Equity
INSP
INSP
ORN
ORN
Q1 26
Q4 25
Q3 25
Q2 25
0.22×
Q1 25
0.15×
Q4 24
0.15×
Q3 24
0.20×
Q2 24
0.54×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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