--- title: "Inogen | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 85.11 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285612510.md" datetime: "2026-05-07T20:28:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285612510.md) - [en](https://longbridge.com/en/news/285612510.md) - [zh-HK](https://longbridge.com/zh-HK/news/285612510.md) --- # Inogen | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 85.11 M Revenue: As of FY2026 Q1, the actual value is USD 85.11 M, beating the estimate of USD 82.35 M. EPS: As of FY2026 Q1, the actual value is USD -0.3, missing the estimate of USD -0.285. EBIT: As of FY2026 Q1, the actual value is USD -10.22 M. In the first quarter of 2026, Inogen, Inc. reported total revenue of $85.1 million, an increase of 3.4% from $82.28 million in the prior-year period. Sales revenue for the quarter was $72.404 million, up from $68.470 million in Q1 2025, while rental revenue decreased to $12.705 million from $13.810 million. #### Revenue by Geographic Region U.S. sales were $34.736 million, a decrease of -4.8% compared to $36.485 million in Q1 2025. International sales increased by 17.8% to $37.668 million from $31.985 million in Q1 2025. U.S. rental revenue was $12.705 million, a decrease of -8.0% from $13.810 million in the prior-year period. #### Operational Metrics Total gross margin was 44.5% in Q1 2026, compared to 44.2% in Q1 2025, with adjusted gross margin improving to 44.7% from 44.4%. GAAP net loss for the first quarter of 2026 was - $8.3 million, compared to a net loss of - $6.2 million in Q1 2025. Adjusted net loss was - $4.0 million, compared to an adjusted net loss of - $2.9 million in Q1 2025. Loss from operations was - $9.336 million in Q1 2026, compared to - $7.656 million in Q1 2025. Operating expenses totaled $47.199 million in Q1 2026, up from $44.028 million in Q1 2025, including research and development expenses of $5.097 million, sales and marketing expenses of $24.603 million, and general and administrative expenses of $17.499 million. Adjusted EBITDA was - $1.4 million in Q1 2026, compared to $0.04 million in the prior-year period. #### Cash Flow and Liquidity Cash, cash equivalents, marketable securities, and restricted cash totaled $111.5 million as of March 31, 2026, with no debt outstanding. Net cash used in operating activities was - $6.685 million for the three months ended March 31, 2026, an improvement from - $16.790 million in the prior-year period. Net cash used in investing activities was - $1.975 million, compared to - $2.038 million in Q1 2025. Net cash used in financing activities was - $2.123 million, a change from $23.951 million provided by financing activities in Q1 2025. The company repurchased 298,100 shares of its common stock for $1.9 million under a new share repurchase program. #### Unique Metrics Units sold increased to 49,000 in Q1 2026 from 43,000 in Q1 2025. Net rental patients as of period-end were 47,300, down from 50,400 in Q1 2025. #### Outlook / Guidance Inogen, Inc. expects reported revenue for the second quarter of 2026 to be in the range of $94 million to $97 million, representing approximately 3.5% growth at the midpoint compared to Q2 2025. For the full year 2026, the company reiterates its reported revenue outlook in the range of $366 million to $373 million, reflecting approximately 6.0% growth at the midpoint relative to 2025 revenue. The company remains committed to driving positive adjusted EBITDA improvement in 2026. ### Related Stocks - [INGN.US](https://longbridge.com/en/quote/INGN.US.md) ## Related News & Research - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [Correction: NextNRG to Host First Quarter 2026 Financial Results Conference Call on May 18, 2026 at 9:00 a.m. ET | NXXT Stock News](https://longbridge.com/en/news/286673001.md) - [Keysight Technologies Reports Second Quarter 2026 Results | KEYS Stock News](https://longbridge.com/en/news/286959830.md) - [Royce Small-Cap Trust (NYSE: RVT) as of Apr 30, 2026 | RVT Stock News](https://longbridge.com/en/news/287103750.md)