Income Statement InMode Ltd.

Equities

INMD

IL0011595993

Advanced Medical Equipment & Technology

Market Closed - Nasdaq Other stock markets 04:00:00 2026-03-05 pm EST			5-day change	1st Jan Change
13.45 ^USD	-0.81%		-4.27%	-8.44%

Feb. 23	InMode to Discontinue Potential Transaction Process	MT
Feb. 23	InMode announces conclusion of Independent Transaction Committee review	RE

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Published financial data: INMODE LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	358M	454M	492M	395M	370M
Total Revenues	358M	454M	492M	395M	370M
Cost of Goods Sold, Total	53.59M	73.48M	80.71M	77.75M	79.52M
Gross Profit	304M	381M	411M	317M	291M
Selling General & Admin Expenses, Total	128M	171M	202M	191M	192M
R&D Expenses	9.53M	12.42M	13.41M	13.14M	13.32M
Other Operating Expenses	-800K	-	-	-	-
Other Operating Expenses, Total	136M	183M	216M	205M	206M
Operating Income	167M	198M	196M	113M	85.39M
Interest Expense, Total	-	-	-	-	-
Interest And Investment Income	700K	3.68M	21.61M	33.54M	21.58M
Net Interest Expenses	700K	3.68M	21.61M	33.54M	21.58M
Other Non Operating Income (Expenses)	-	-	-	-2.43M	3.38M
EBT, Excl. Unusual Items	168M	202M	217M	144M	110M
Gain (Loss) On Sale Of Investments	-175K	-71K	-	-167K	-15K
Legal Settlements	-	-	-	-	-
EBT, Incl. Unusual Items	168M	201M	217M	143M	110M
Income Tax Expense	2.93M	39.95M	19.35M	-37.81M	16.5M
Earnings From Continuing Operations	165M	162M	198M	181M	93.83M
Net Income to Company	165M	162M	198M	181M	93.83M
Minority Interest	-103K	-	-	-	-
Net Income - (IS)	165M	162M	198M	181M	93.83M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	165M	162M	198M	181M	93.83M
Net Income to Common Excl. Extra Items	165M	162M	198M	181M	93.83M
Per Share Items
Net EPS - Basic	2.03	1.96	2.37	2.29	1.45
Basic EPS - Continuing Operations	2.03	1.96	2.37	2.29	1.45
Basic Weighted Average Shares Outstanding	81.44M	82.48M	83.53M	79.31M	64.63M
Net EPS - Diluted	1.92	1.89	2.3	2.25	1.43
Diluted EPS - Continuing Operations	1.92	1.89	2.3	2.25	1.43
Diluted Weighted Average Shares Outstanding	86.02M	85.4M	85.95M	80.6M	65.44M
Normalized Basic EPS	1.29	1.53	1.63	1.13	1.07
Normalized Diluted EPS	1.22	1.47	1.58	1.11	1.05
Supplemental Items
EBITDA	168M	199M	196M	113M	86.08M
EBITA	167M	198M	196M	113M	85.39M
EBIT	167M	198M	196M	113M	85.39M
EBITDAR	169M	200M	199M	116M	89.74M
Effective Tax Rate - (Ratio)	1.74	19.83	8.91	-26.35	14.95
Current Domestic Taxes	3.83M	38.25M	-	-	11.16M
Current Foreign Taxes	-131K	1.61M	-	-	2.41M
Total Current Taxes	3.7M	39.86M	19.5M	17.37M	13.57M
Deferred Domestic Taxes	-770K	84K	-149K	-	-101K
Deferred Foreign Taxes	-	-	-	-	3.03M
Total Deferred Taxes	-770K	84K	-149K	-55.18M	2.93M
Normalized Net Income	105M	126M	136M	89.77M	68.97M
Non-Cash Pension Expense	405K	431K	522K	581K	731K
Supplemental Operating Expense Items
Advertising Expense	-	10M	15M	15M	11M
Selling and Marketing Expenses	119M	161M	193M	181M	181M
General and Administrative Expenses	8.41M	9.93M	9.23M	10.03M	11.69M
Research And Development Expense From Footnotes	9.53M	12.42M	13.41M	13.14M	13.32M
Net Rental Expense, Total	1.3M	1.63M	2.35M	3.06M	3.66M
Stock-Based Comp., COGS (Total)	1.11M	1.92M	2.05M	1.83M	1.33M
Stock-Based Comp., R&D Exp. (Total)	1.55M	3.17M	2.65M	2.18M	1.04M
Stock-Based Comp., S&M Exp. (Total)	8.27M	17.3M	17.17M	11.37M	7.68M
Stock-Based Comp., G&A Exp. (Total)	1.03M	2.07M	1.74M	1.19M	1.07M
Total Stock-Based Compensation	11.96M	24.45M	23.6M	16.57M	11.13M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	68.14M	97.54M	144M	155M	303M
Short Term Investments	348M	450M	597M	441M	253M
Total Cash And Short Term Investments	416M	547M	742M	596M	555M
Accounts Receivable, Total	20.24M	27M	42.36M	36.34M	43.5M
Other Receivables	4.53M	1.27M	1.27M	4.72M	5.78M
Total Receivables	24.77M	28.26M	43.63M	41.05M	49.28M
Inventory	21.03M	39.9M	45.1M	59.55M	74.05M
Prepaid Expenses	1.2M	1.93M	3.04M	2.42M	4.63M
Other Current Assets, Total	7.2M	11.9M	11.96M	14.96M	15.32M
Total Current Assets	470M	629M	845M	714M	699M
Gross Property Plant And Equipment	7.88M	10.2M	15.54M	15.24M	15.75M
Accumulated Depreciation	-2.15M	-2.83M	-3.46M	-4.18M	-4.88M
Net Property Plant And Equipment	5.72M	7.37M	12.08M	11.05M	10.87M
Long-term Investments	600K	600K	700K	700K	700K
Accounts Receivable Long-Term	768K	3.97M	3.67M	3.18M	3M
Deferred Tax Assets Long-Term	1.33M	3.09M	1.51M	56.28M	53.23M
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	479M	644M	863M	786M	766M
Liabilities
Accounts Payable, Total	8.78M	16.24M	13.97M	13.78M	17.91M
Accrued Expenses, Total	20.98M	23.49M	24.97M	21.67M	22.15M
Current Portion of Leases	1.21M	1.45M	2.4M	2.51M	3.22M
Current Income Taxes Payable	1.24M	19.24M	1.92M	933K	761K
Unearned Revenue Current, Total	13.8M	13.8M	16.58M	21.86M	18.22M
Other Current Liabilities	5.83M	7.8M	4.3M	9.1M	8.48M
Total Current Liabilities	51.85M	82.02M	64.14M	69.85M	70.74M
Long-Term Leases	3.31M	3.51M	6.61M	5.31M	5.01M
Unearned Revenue Non Current	2.75M	3.96M	3.77M	3.34M	3.04M
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	4.83M	303K	1.4M	3.36M	4.44M
Total Liabilities	62.74M	89.79M	75.91M	81.85M	83.23M
Common Stock, Total	239K	241K	245K	249K	251K
Additional Paid In Capital	123M	149M	178M	197M	210M
Retained Earnings	334M	496M	693M	875M	969M
Treasury Stock	-39.8M	-82.44M	-82.44M	-368M	-495M
Comprehensive Income and Other	-1.32M	-7.49M	-1.68M	-340K	69K
Total Common Equity	416M	555M	787M	704M	683M
Minority Interest	-	-	-	-	-
Total Equity	416M	555M	787M	704M	683M
Total Liabilities And Equity	479M	644M	863M	786M	766M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	82.98M	82.54M	83.98M	69.56M	63.36M
ECS Total Common Shares Outstanding	82.98M	82.54M	83.98M	69.56M	63.36M
Book Value / Share	5.01	6.72	9.38	10.12	10.78
Tangible Book Value	416M	555M	787M	704M	683M
Tangible Book Value Per Share	5.01	6.72	9.38	10.12	10.78
Total Debt	4.52M	4.96M	9.02M	7.82M	8.23M
Net Debt	-411M	-542M	-733M	-589M	-547M
Debt Equivalent Oper. Leases	10.38M	13.02M	18.78M	24.46M	29.24M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	3.84M	13.69M	12.08M	15.45M	27.19M
Inventories - Finished Goods, Total	17.18M	26.21M	33.02M	44.09M	46.86M
Machinery, Total	2.99M	4.3M	4.6M	5.17M	6.06M
Full Time Employees	362	480	581	599	660
Accumulated Allowance for Doubtful Accounts (Supple)	1.11M	836K	1.54M	1.82M	2.37M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	165M	162M	198M	181M	93.83M
Depreciation & Amortization - CF	517K	680K	623K	728K	695K
Depreciation & Amortization, Total	517K	680K	623K	728K	695K
(Gain) Loss on Sale of Investments - (CF)	175K	71K	-	167K	15K
Stock-Based Compensation (CF)	11.96M	24.45M	23.6M	16.57M	11.13M
Provision and Write-off of Bad Debts	516K	449K	1.02M	572K	454K
Other Operating Activities, Total	556K	-1.13M	-4.9M	-59.58M	3.43M
Change In Accounts Receivable	-10.54M	-10.42M	-16.08M	5.95M	-7.45M
Change In Inventories	-6.04M	-18.87M	-5.2M	-14.45M	-14.5M
Change In Accounts Payable	2.37M	7.46M	-2.28M	-184K	4.13M
Change in Unearned Revenues	2.67M	1.2M	-3.07M	5.4M	-4.96M
Change in Other Net Operating Assets	7.74M	16.15M	-14.81M	-3.78M	-1.52M
Cash from Operations	175M	182M	177M	133M	85.26M
Capital Expenditure	-939K	-1.58M	-705K	-669K	-972K
Investment in Marketable and Equity Securities, Total	-159M	-108M	-135M	163M	187M
Cash from Investing	-160M	-109M	-136M	162M	186M
Issuance of Common Stock	20.34M	1.55M	5.5M	2.61M	1.38M
Repurchase of Common Stock	-35.36M	-42.64M	-	-285M	-127M
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-15.02M	-41.08M	5.5M	-283M	-126M
Foreign Exchange Rate Adjustments	-559K	-1.62M	605K	-1.18M	1.98M
Net Change in Cash	-802K	29.4M	46.87M	10.92M	147M
Supplemental Items
Cash Income Tax Paid (Refund)	1.66M	25.84M	31.61M	17.69M	14.87M
Levered Free Cash Flow	108M	149M	105M	78.31M	39.1M
Unlevered Free Cash Flow	108M	149M	105M	78.31M	39.1M
Change In Net Working Capital	8.65M	-2.14M	40.57M	8.65M	25.12M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	27.04	22.02	16.22	8.53	6.88
Return on Total Capital	30.92	25.24	18.04	9.33	7.61
Return On Equity %	49.18	33.29	29.5	24.31	13.53
Return on Common Equity	49.26	33.29	29.5	24.31	13.53
Margin Analysis
Gross Profit Margin %	85.01	83.82	83.6	80.31	78.54
SG&A Margin	35.73	37.53	41.11	48.48	51.89
EBITDA Margin %	46.98	43.7	39.89	28.69	23.23
EBITA Margin %	46.84	43.55	39.76	28.5	23.05
EBIT Margin %	46.84	43.55	39.76	28.5	23.05
Income From Continuing Operations Margin %	46.17	35.56	40.22	45.91	25.33
Net Income Margin %	46.14	35.56	40.22	45.91	25.33
Net Avail. For Common Margin %	46.14	35.56	40.22	45.91	25.33
Normalized Net Income Margin	29.37	27.73	27.6	22.74	18.61
Levered Free Cash Flow Margin	30.08	32.88	21.39	19.84	10.55
Unlevered Free Cash Flow Margin	30.08	32.88	21.39	19.84	10.55
Asset Turnover
Asset Turnover	0.92	0.81	0.65	0.48	0.48
Fixed Assets Turnover	90.98	69.38	50.59	34.13	33.79
Receivables Turnover (Average Receivables)	23.27	19.24	14.19	10.03	9.28
Inventory Turnover (Average Inventory)	2.98	2.41	1.9	1.49	1.19
Short Term Liquidity
Current Ratio	9.07	7.67	13.18	10.23	9.88
Quick Ratio	8.5	7.02	12.24	9.13	8.55
Operating Cash Flow to Current Liabilities	3.37	2.21	2.76	1.9	1.21
Days Sales Outstanding (Average Receivables)	15.69	18.98	25.72	36.48	39.33
Days Outstanding Inventory (Average Inventory)	122.62	151.3	192.19	246.29	306.59
Average Days Payable Outstanding	46.48	49.44	64.17	55.07	61.52
Cash Conversion Cycle (Average Days)	91.83	120.83	153.74	227.7	284.4
Long Term Solvency
Total Debt/Equity	1.09	0.89	1.15	1.11	1.2
Total Debt / Total Capital	1.07	0.89	1.13	1.1	1.19
LT Debt/Equity	0.8	0.63	0.84	0.75	0.73
Long-Term Debt / Total Capital	0.79	0.63	0.83	0.75	0.72
Total Liabilities / Total Assets	13.11	13.93	8.79	10.42	10.86
EBIT / Interest Expense	-	-	-	-	-
EBITDA / Interest Expense	-	-	-	-	-
(EBITDA - Capex) / Interest Expense	-	-	-	-	-
Total Debt / EBITDA	0.03	0.02	0.05	0.07	0.09
Net Debt / EBITDA	-2.43	-2.71	-3.69	-5.06	-6.1
Total Debt / (EBITDA - Capex)	0.03	0.02	0.05	0.07	0.09
Net Debt / (EBITDA - Capex)	-2.44	-2.73	-3.7	-5.09	-6.16
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	73.49	27.05	8.32	-19.76	-6.16
Gross Profit, 1 Yr. Growth %	73.44	25.27	8.02	-22.92	-8.23
EBITDA, 1 Yr. Growth %	129.32	18.18	-1.13	-42.3	-24
EBITA, 1 Yr. Growth %	129.92	18.14	-1.11	-42.49	-24.12
EBIT, 1 Yr. Growth %	129.92	18.14	-1.11	-42.49	-24.12
Earnings From Cont. Operations, 1 Yr. Growth %	120.03	-2.15	22.54	-8.41	-48.24
Net Income, 1 Yr. Growth %	119.87	-2.09	22.54	-8.41	-48.24
Normalized Net Income, 1 Yr. Growth %	120.65	19.95	7.8	-33.89	-23.18
Diluted EPS Before Extra, 1 Yr. Growth %	115.73	-1.56	21.69	-2.17	-36.44
Accounts Receivable, 1 Yr. Growth %	92.74	33.41	56.91	-14.23	19.73
Inventory, 1 Yr. Growth %	40.33	89.75	13.03	32.05	24.35
Net Property, Plant and Equip., 1 Yr. Growth %	168.15	28.75	63.89	-8.49	-1.64
Total Assets, 1 Yr. Growth %	61.8	34.66	33.97	-8.99	-2.45
Tangible Book Value, 1 Yr. Growth %	63.73	33.39	41.97	-10.61	-2.93
Common Equity, 1 Yr. Growth %	63.73	33.39	41.97	-10.61	-2.93
Cash From Operations, 1 Yr. Growth %	120.74	3.83	-2.62	-24.97	-35.73
Capital Expenditures, 1 Yr. Growth %	102.81	67.73	-55.24	-5.11	45.29
Levered Free Cash Flow, 1 Yr. Growth %	109.1	38.85	-29.54	-25.58	-50.07
Unlevered Free Cash Flow, 1 Yr. Growth %	109.1	38.85	-29.54	-25.58	-50.07
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	51.22	48.46	17.31	-6.77	-13.23
Gross Profit, 2 Yr. CAGR %	49.43	47.4	16.33	-8.75	-15.89
EBITDA, 2 Yr. CAGR %	67.44	64.62	8.09	-24.47	-33.78
EBITA, 2 Yr. CAGR %	67.61	64.81	8.09	-24.58	-33.94
EBIT, 2 Yr. CAGR %	67.61	64.81	8.09	-24.58	-33.94
Earnings From Cont. Operations, 2 Yr. CAGR %	64.29	46.73	9.5	5.94	-31.15
Net Income, 2 Yr. CAGR %	64.26	46.72	9.53	5.94	-31.15
Normalized Net Income, 2 Yr. CAGR %	64.59	62.69	13.72	-15.58	-28.73
Diluted EPS Before Extra, 2 Yr. CAGR %	54.92	45.73	9.45	9.11	-21.15
Accounts Receivable, 2 Yr. CAGR %	74.73	60.36	44.69	16.01	1.34
Inventory, 2 Yr. CAGR %	49.5	63.18	46.45	22.17	28.14
Net Property, Plant and Equip., 2 Yr. CAGR %	57.63	85.81	45.26	22.46	-5.13
Total Assets, 2 Yr. CAGR %	48.03	47.61	34.31	10.42	-5.78
Tangible Book Value, 2 Yr. CAGR %	53.68	47.78	37.61	12.65	-6.85
Common Equity, 2 Yr. CAGR %	53.68	47.78	37.61	12.65	-6.85
Cash From Operations, 2 Yr. CAGR %	67.67	51.39	0.55	-14.52	-30.56
Capital Expenditures, 2 Yr. CAGR %	16.4	84.44	-13.35	-34.83	17.42
Levered Free Cash Flow, 2 Yr. CAGR %	69.5	70.39	-1.09	-27.59	-39.05
Unlevered Free Cash Flow, 2 Yr. CAGR %	69.5	70.39	-1.09	-27.59	-39.05
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	52.83	42.69	33.65	3.36	-6.57
Gross Profit, 3 Yr. CAGR %	52.86	40.9	32.89	1.42	-8.58
EBITDA, 3 Yr. CAGR %	74.4	49.08	38.89	-12.31	-24.31
EBITA, 3 Yr. CAGR %	74.55	49.16	39.01	-12.41	-24.43
EBIT, 3 Yr. CAGR %	74.55	49.16	39.01	-12.41	-24.43
Earnings From Cont. Operations, 3 Yr. CAGR %	94.7	38.23	38.17	3.17	-16.56
Net Income, 3 Yr. CAGR %	94.64	38.24	38.17	3.19	-16.56
Normalized Net Income, 3 Yr. CAGR %	73.98	48.12	41.84	-5.09	-18.19
Diluted EPS Before Extra, 3 Yr. CAGR %	83.65	33.19	37.23	5.43	-8.88
Accounts Receivable, 3 Yr. CAGR %	42.4	59.7	59.2	21.54	17.24
Inventory, 3 Yr. CAGR %	44.54	61.86	44.38	41.48	22.89
Net Property, Plant and Equip., 3 Yr. CAGR %	119.14	47.35	78.19	24.52	13.83
Total Assets, 3 Yr. CAGR %	80.74	43.43	42.91	17.97	5.95
Tangible Book Value, 3 Yr. CAGR %	112.61	46.59	45.82	19.18	7.2
Common Equity, 3 Yr. CAGR %	112.61	46.59	45.82	19.18	7.2
Cash From Operations, 3 Yr. CAGR %	68	42.91	30.69	-8.8	-22.28
Capital Expenditures, 3 Yr. CAGR %	35.08	31.48	15.05	-10.69	-14.86
Levered Free Cash Flow, 3 Yr. CAGR %	48.2	58.6	26.95	-10.04	-36.03
Unlevered Free Cash Flow, 3 Yr. CAGR %	48.2	58.6	26.95	-10.04	-36.03
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	72.99	53.41	37.49	20.35	12.44
Gross Profit, 5 Yr. CAGR %	77.14	53.69	37.04	18.43	10.67
EBITDA, 5 Yr. CAGR %	189.93	85.03	44.03	13.58	3.28
EBITA, 5 Yr. CAGR %	201.79	85.74	44.1	13.55	3.23
EBIT, 5 Yr. CAGR %	201.79	85.74	44.1	13.55	3.23
Earnings From Cont. Operations, 5 Yr. CAGR %	245.36	78.88	54.66	24.27	4.58
Net Income, 5 Yr. CAGR %	245.31	78.88	54.65	24.28	4.57
Normalized Net Income, 5 Yr. CAGR %	202.07	82.97	46.77	18.29	7.7
Diluted EPS Before Extra, 5 Yr. CAGR %	221.38	70.81	49.3	22.98	9.95
Accounts Receivable, 5 Yr. CAGR %	47.54	36.19	43.31	40.54	32.89
Inventory, 5 Yr. CAGR %	50.1	51.28	45.3	44.64	37.65
Net Property, Plant and Equip., 5 Yr. CAGR %	69.93	84.37	85.91	36.84	38.48
Total Assets, 5 Yr. CAGR %	96.13	74.84	60.5	29.18	20.98
Tangible Book Value, 5 Yr. CAGR %	115.62	95.43	78.65	31.93	21.89
Common Equity, 5 Yr. CAGR %	115.62	95.43	78.65	31.93	21.89
Cash From Operations, 5 Yr. CAGR %	125.55	65.53	36.82	16.35	1.48
Capital Expenditures, 5 Yr. CAGR %	37.94	52.81	13.1	-0.7	15.99
Levered Free Cash Flow, 5 Yr. CAGR %	-	79.39	26.07	15.9	-5.34
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	79.39	26.07	15.9	-5.34