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Companies / Health Care / Inogen Inc
INGN

Inogen Inc

Health CareMedical Instruments
Ticker INGNBEVERLY, MAFiscal year ends DecemberBook value per share $6.43Diluted shares 27.2M

Inogen, Inc. (Nasdaq: INGN) develops, manufactures, and markets respiratory health products, primarily portable oxygen concentrators for patients needing long-term oxygen therapy. Its Inogen One and Inogen Rove systems provide supplemental oxygen for use at home and on the go, while its Inogen At Home and Voxi 5… From the company’s description.

Over the twelve months to Jun 30, 2026, Inogen Inc reported revenue of $354.30M, up 3.2% from a year earlier, and a net loss of $24.59M. Its operating margin was −8.7%, and operations used $2.52M in cash. In fiscal 2025, it reported revenue of $348.67M, up 3.9% from fiscal 2024, and a net loss of $22.75M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$348.67MFY2025
+3.9% year over year
Last 12 mo $354.30M
-8.66%FY2025
+4 percentage points
Last 12 mo -8.71%
$-22.75MFY2025
+36.6% year over year
Last 12 mo $-24.59M
-11.83%FY2025
+8.8 percentage points
Last 12 mo -14.07%
Cash & financing
$-11.22MFY2025
−289.7% year over year
Last 12 mo $-2.52M
$-13.74MFY2025
−637.9% year over year
Last 12 mo $-4.98M
—
26.6MFY2025
+12.5% year over year
Last 12 mo 27.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Inogen Inc does

In the company’s own words

Inogen, Inc. (Nasdaq: INGN) develops, manufactures, and markets respiratory health products, primarily portable oxygen concentrators for patients needing long-term oxygen therapy. Its Inogen One and Inogen Rove systems provide supplemental oxygen for use at home and on the go, while its Inogen At Home and Voxi 5 concentrators provide stationary oxygen therapy. The company also sells Simeox airway-clearance devices for patients who need help removing lung mucus, and Aurora CPAP masks for patients with obstructive sleep apnea. Customers include patients purchasing or renting products directly, home medical equipment providers, distributors, resellers, and international house accounts such as gas companies and home oxygen providers. In the United States, sales include direct-to-consumer purchases and rentals, as well as sales to business customers; internationally, products are sold in 70 countries through distributors, resellers, and direct accounts. U.S. revenue was $209.8 million in 2025. The portfolio expanded through the 2023 acquisition of Physio-Assist, which developed Simeox, and a 2025 collaboration with Yuwell that brought Voxi 5 and Aurora masks to the U.S. market.

Company details
Sector
Health Care
Industry (SIC)
Medical Instruments
Headquarters
BEVERLY, MA
Fiscal year end
December
CIK
1294133
SIC
3842

Financial performance, year by year

Fiscal 2014–2025 · USD
$-150.42M$-6.51M$137.40M$281.30M$425.21M201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Inogen Inc — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

152
funds hold it
0 of 35
superinvestors hold it
$40.59M
held by funds, at market
22.9%
of shares held by funds

Largest fund holders · Inogen Inc’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Columbia Small Cap Value Discovery Fund
CSMIX · COLUMBIA FUNDS SERIES TRUST I
—of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
Federated Hermes MDT Small Cap Core Fund
QASCX · Federated Hermes MDT Series
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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