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Insmed To Present at November and December 2025 Investor Conferences
BRIDGEWATER, N.J., Nov. 5, 2025 /PRNewswire/ — Insmed Incorporated (Nasdaq: INSM), a people-first global biopharmaceutical company striving to deliver first- and best-in-class therapies to transform the lives of patients facing serious diseases, today announced that management will present at the following investor conferences:
- Jefferies Global Healthcare Conference in London, on Tuesday, November 18, 2025, at 8:30 a.m. GT / 3:30 a.m. ET.
- Evercore 8th Annual Healthcare Conference in Coral Gables, Florida, on Tuesday, December 2, 2025, at 11:15 a.m. ET.
These events will be webcast live and can be accessed by visiting the investor relations section of the Company’s website at www.insmed.com. Webcasts will be archived for a period of 30 days following the conclusion of the live events.
About Insmed
Insmed Incorporated is a people-first global biopharmaceutical company striving to deliver first- and best-in-class therapies to transform the lives of patients facing serious diseases. The Company is advancing a diverse portfolio of approved and mid- to late-stage investigational medicines as well as cutting-edge drug discovery focused on serving patient communities where the need is greatest. Insmed’s most advanced programs are in pulmonary and inflammatory conditions, including two approved therapies to treat chronic, debilitating lung diseases. The Company’s early-stage programs encompass a wide range of technologies and modalities, including gene therapy, AI-driven protein engineering, protein manufacturing, RNA end-joining, and synthetic rescue.
Headquartered in Bridgewater, New Jersey, Insmed has offices and research locations throughout the United States, Europe, and Japan. Insmed is proud to be recognized as one of the best employers in the biopharmaceutical industry, including spending five consecutive years as the No. 1 Science Top Employer. Visit www.insmed.com to learn more or follow us on LinkedIn, Instagram, YouTube, and X.
Contact:
Investors:
Bryan Dunn
Vice President, Investor Relations
(646) 812-4030
[email protected]Media:
Claire Mulhearn
Vice President, Corporate Communications
(862) 842-6819
[email protected]SOURCE Insmed Incorporated
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Quarterly Revenue of $93.2 Million, 78% Gross Margins
YOKNEAM, Israel, Nov. 5, 2025 /PRNewswire/ — InMode Ltd. (NASDAQ: INMD) (“InMode”), a leading global provider of innovative medical technologies, today announced its consolidated financial results for the third quarter ended September 30, 2025.
Third Quarter 2025 Highlights:
- Quarterly GAAP revenues of $93.2 million, compared to $130.2 million in the third quarter of 2024, which included $31.9 million of pre-order sales.
- Quarterly revenues from consumables and service of $19.9 million, an increase of 26% compared to the third quarter of 2024.
- GAAP operating income of $20.9 million. *Non-GAAP operating income was $23.6 million.
- Total cash position of $532.3 million as of September 30, 2025, including cash and cash equivalents, marketable securities and short-term bank deposits.
U.S. GAAP Results
(U.S. dollars in thousands, except for per share data)
Q3 2025
Q3 2024
Revenues
$93,165
$130,232
(including $31.9M of pre-order sales)
Gross Margins
78 %
82 %
Net Income
$21,863
$50,990
Earnings per Diluted Share
$0.34
$0.65
*Non-GAAP Results
(U.S. dollars in thousands, except for per share data)
Q3 2025
Q3 2024
Gross Margins
78 %
82 %
Net Income
$24,532
$54,971
Earnings per Diluted Share
$0.38
$0.70
*Please refer to “Use of Non-GAAP Financial Measures” below for important information about non-GAAP financial measures. A reconciliation between U.S. GAAP and non-GAAP Statement of Income is provided following the financial statements that are included in this release. Non-GAAP results exclude share-based compensation and related tax adjustments.
Management Comments
“The third quarter progressed in line with our expectations, even as broader economic conditions continued to present challenges,” said Moshe Mizrahy, Chief Executive Officer of InMode. “Consumer sentiment remains cautious, and global uncertainties persist. Nonetheless, our team remains focused, executing with discipline and investing in the strategic areas that will fuel our long-term trajectory.
“On the corporate front, we are excited to welcome Michael Dennison as our new President of North America. Michael has been with InMode since 2018 and his proven leadership and industry expertise will be instrumental in advancing our regional strategy, deepening customer engagement, and supporting InMode’s sustainable growth,” Mizrahy concluded.
Yair Malca, Chief Financial Officer of InMode, added, “Gross margins in the third quarter were in line with expectations and reflected our proactive planning around tariff impacts.”
Third Quarter 2025 Financial Results
Total revenues for the third quarter of 2025 were $93.2 million. In the third quarter of 2024, revenues were $130.2 million (including $31.9 million in revenue from first half of 2024 pre-orders).
GAAP and a *non-GAAP gross margin for the third quarter was 78%, compared to a gross margin of 82% for the third quarter of 2024.
GAAP operating margin for the third quarter of 2025 was 22%, compared to 37% in the third quarter of 2024. *Non-GAAP operating margin for the third quarter of 2025 was 25%, compared to 40% for the third quarter of 2024.
GAAP operating margin for the nine months ended September 30, 2025, was 22% compared to 29% for the same period in 2024. *Non-GAAP operating margin for the nine months ended September 30, 2025, was 26% compared to 33% for the same period in 2024. The decline in operating margins across both the quarterly and year-to-date periods primarily reflects lower sales in the U.S., which is the company’s most profitable region.
InMode reported GAAP net income of $21.9 million, or $0.34 per diluted share, in the third quarter of 2025, compared to $51.0 million, or $0.65 per diluted share, in the third quarter of 2024. On a *non-GAAP basis, InMode reported net income of $24.5 million, or $0.38 per diluted share, in the third quarter of 2025, compared to $55.0 million, or $0.70 per diluted share, in the third quarter of 2024.
As of September 30, 2025, InMode had cash and cash equivalents, marketable securities and short-term bank deposits of $532.3 million.
2025 Financial Outlook
Management provided an outlook for the full year of 2025 ending December 31, 2025. Based on our current estimates, management expects:
- Revenues remain the same as in previous guidance between $365 million to $375 million
- *Non-GAAP gross margin remains the same as in previous guidance between 78% and 80%
- *Non-GAAP income from operations remains the same as in previous guidance to be between $93 million and $98 million
- *Non-GAAP earnings per diluted share remain the same as in previous guidance between $1.55 to $1.59
This outlook is not a guarantee of future performance, and stockholders should not rely on such forward-looking statements. See “Forward-Looking Statements” for additional information.
*Please refer to “Use of Non-GAAP Financial Measures” below for important information about non-GAAP financial measures. A reconciliation between U.S. GAAP and non-GAAP Statement of Income is provided following the financial statements that are included in this release. Non-GAAP results exclude share-based compensation and related tax adjustments.
The Current Situation in Israel
Regarding the current situation in Israel, on October 10, 2025, a new cease-fire agreement between Hamas and Israel began, and the hostilities have formally paused after two years of conflicts. The scope and severity of ongoing conflicts in Gaza, Northern Israel, Lebanon, Iran, and the broader region are unpredictable and could escalate any time. To date, our operations have not been materially affected. We continue to monitor political and military developments closely and examine the consequences for our operations and assets.
Use of Non-GAAP Financial Measures
In addition to InMode’s operating results presented in accordance with GAAP, this release contains certain non-GAAP financial measures including non-GAAP net income, non-GAAP earnings per diluted share, non-GAAP operating margin. Because these measures are used in InMode’s internal analysis of financial and operating performance, management believes they provide investors with greater transparency of its view of InMode’s economic performance. Management also believes the presentation of these measures, when analyzed in conjunction with InMode’s GAAP operating results, allows investors to more effectively evaluate and compare InMode’s performance to that of its peers, although InMode’s presentation of its non-GAAP measures may not be strictly comparable to the similarly titled measures of other companies. Schedules reconciling each of these non-GAAP financial measures are provided as a supplement to this release.
Conference Call Information
Mr. Moshe Mizrahy, Chief Executive Officer, Dr. Michael Kreindel, Co-Founder and Chief Technology Officer, Mr. Yair Malca, Chief Financial Officer will host a conference call today, November 5, 2025, at 8:30 a.m. Eastern Time to discuss the third quarter 2025 financial results.
The Company encourages participants to pre-register for the conference call using the following link:
https://dpregister.com/sreg/10202681/ffd9babcf8. Callers will receive a unique dial-in number upon registration, which enables immediate access to the call. Participants may pre-register at any time, including up to and after the call start time.
For callers who opt out of pre-registration, please dial one of the following teleconferencing numbers. Please begin by placing your call 10 minutes before the conference call commences. If you are unable to connect using the toll-free number, please try the international dial-in number.
U.S. Toll-Free Dial-in Number: 1-833-316-0562
Israel Toll- Free Dial-in Number: 1-80-921-2373
International Dial-in Number: 1-412-317-5736
Webcast URL:https://event.choruscall.com/mediaframe/webcast.html?webcastid=JfIdKlTZ
At:
8:30 a.m. Eastern Time
5:30 a.m. Pacific TimeThe conference call will also be webcast live from a link on InMode’s website at https://inmodeinvestors.com/events-presentations/. A replay of the conference call will be available from November 5, 2025, at 12 p.m. Eastern Time to November 19, 2025, at 11:59 p.m. Eastern Time. To access the replay, please dial one of the following numbers:
Replay Dial-in U.S TOLL-FREE: 1-877-344-7529
Replay Dial-in Canada TOLL-FREE: 1–855-669-9658
Replay Dial-in TOLL/INTERNATIONAL: 1-412-317-0088
Replay Pin Number: 2676014To access the replay using an international dial-in number, please select the link below:
https://services.choruscall.com/ccforms/replay.htmlA replay of the conference call will also be available for 90 days on InMode’s website at https://inmodeinvestors.com/events-presentations/.
About InMode
InMode is a leading global provider of innovative medical technologies. InMode develops, manufactures, and markets devices harnessing novel radio frequency (“RF”) technology. InMode strives to enable new emerging surgical procedures as well as improve existing treatments. InMode has leveraged its medically accepted minimally invasive RF technologies to offer a comprehensive line of products across several categories for plastic surgery, gynecology, dermatology, otolaryngology, and ophthalmology. For more information about InMode, please visit www.inmodemd.com.
Forward-Looking Statements
The information in this press release includes forward-looking statements within the meaning of the federal securities laws. These statements generally relate to future events or InMode’s future financial or operating performance, including the 2025 revenue projection described above. Actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. In some cases, you can identify these statements because they contain words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “will,” “would” and similar expressions that concern our expectations, strategic plans or intentions. Forward-looking statements are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Consequently, actual results could differ materially from those indicated in these forward-looking statements. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements included in InMode’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on February 4, 2025, and our future public filings. InMode undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which pertain only as of the date of this press release.
Company Contact:
Yair Malca
Chief Financial Officer
Phone: (949) 305-0108
Email: [email protected]Investor Relations Contact:
Miri Segal
MS-IR LLC
Email: [email protected]INMODE LTD.
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(U.S. dollars in thousands, except for per share data)
(Unaudited)
Three months ended
September 30,
Nine months ended
September 30,
2025
2024
2025
2024
REVENUES
93,165
130,232
266,641
296,965
COST OF REVENUES
20,856
24,055
56,971
57,536
GROSS PROFIT
72,309
106,177
209,670
239,429
OPERATING EXPENSES:
Research and development
3,543
3,254
9,810
10,470
Sales and marketing
44,970
51,863
132,171
136,713
General and administrative
2,899
2,799
8,293
7,579
TOTAL OPERATING EXPENSES
51,412
57,916
150,274
154,762
OPERATIONS INCOME
20,897
48,261
59,396
84,667
Finance income, net
4,721
9,918
19,642
26,592
INCOME BEFORE INCOME TAXES
25,618
58,179
79,038
111,259
INCOME TAXES
3,755
7,189
12,232
12,755
NET INCOME
21,863
50,990
66,806
98,504
EARNINGS PER SHARE:
Basic
0.35
0.66
1.03
1.20
Diluted
0.34
0.65
1.02
1.19
WEIGHTED AVERAGE NUMBER OF SHARES
OUTSTANDING USED IN COMPUTATION OF
EARNINGS PER SHARE (in thousands)
Basic
63,291
77,022
65,072
81,795
Diluted
63,868
77,908
65,727
83,016
INMODE LTD.
CONDENSED CONSOLIDATED BALANCE SHEETS
(U.S. dollars in thousands, except for per share data)
(Unaudited)
September 30,
2025
December 31,
2024
Assets
CURRENT ASSETS:
Cash and cash equivalents
252,437
155,329
Marketable securities
121,518
267,688
Short-term bank deposits
158,353
173,455
Accounts receivable, net of allowance for credit losses
38,095
36,335
Prepaid expense and other receivables
24,485
22,097
Inventories
71,403
59,548
TOTAL CURRENT ASSETS
666,291
714,452
NON-CURRENT ASSETS:
Accounts receivable, net of allowance for credit losses
2,350
3,176
Deferred income tax asset
54,104
56,285
Operating lease right-of-use assets
8,922
8,732
Property and equipment, net
2,238
2,322
Other investments
700
700
TOTAL NON-CURRENT ASSETS
68,314
71,215
TOTAL ASSETS
734,605
785,667
Liabilities and shareholders’ equity
CURRENT LIABILITIES:
Accounts payable
16,723
13,782
Contract liabilities
15,099
16,755
Other liabilities
36,508
39,314
TOTAL CURRENT LIABILITIES
68,330
69,851
NON-CURRENT LIABILITIES:
Contract liabilities
3,126
3,336
Other liabilities
4,171
3,356
Operating lease liabilities
5,593
5,311
TOTAL NON-CURRENT LIABILITIES
12,890
12,003
TOTAL LIABILITIES
81,220
81,854
TOTAL SHAREHOLDERS’ EQUITY
653,385
703,813
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY
734,605
785,667
INMODE LTD.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(U.S. dollars in thousands, except for per share data)
(Unaudited)
Three months ended
September 30,
Nine months ended
September 30,
2025
2024
2025
2024
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income
21,863
50,990
66,806
98,504
Adjustments required to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
156
138
521
480
Share-based compensation expenses
2,696
3,981
8,632
13,122
Change in allowance for credit losses of trade receivable
106
130
159
414
Loss on marketable securities, net
11
29
14
170
Finance expenses (income), net
3,147
3,863
1,260
(5,934)
Deferred income taxes
602
35
2,064
(58)
Changes in operating assets and liabilities:
Decrease (increase) in accounts receivable
(2,353)
(2,570)
(1,094)
1,924
Increase in other receivables
(147)
(860)
(2,403)
(7,577)
Increase in inventories
(3,293)
(5,657)
(11,855)
(13,189)
Increase (decrease) in accounts payable
(759)
(1,235)
2,941
347
Increase (decrease) in other liabilities
564
11,722
(2,596)
6,160
Increase (decrease) in contract liabilities (current and non-current)
1,874
(26,517)
(1,866)
5,859
Net cash provided by operating activities
24,467
34,049
62,583
100,222
CASH FLOWS FROM INVESTING ACTIVITIES:
Investment in short-term deposits
(153,904)
(78,390)
(178,904)
(164,687)
Proceeds from short-term deposits
103,390
138,140
189,687
151,640
Purchase of fixed assets
(134)
(77)
(438)
(435)
Purchase of marketable securities
–
(90,820)
(20,877)
(276,513)
Proceeds from sale of marketable securities
14,211
22,233
17,214
69,608
Proceeds from maturity of marketable securities
48,105
122,969
152,127
304,777
Net cash provided by investing activities
11,668
114,055
158,809
84,390
CASH FLOWS FROM FINANCING ACTIVITIES:
Repurchase of ordinary shares
–
(76,556)
(127,444)
(165,536)
Exercise of options
249
565
1,248
1,194
Net cash provided by (used in) financing activities
249
(75,991)
(126,196)
(164,342)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS
(184)
728
1,912
157
NET INCREASE IN CASH AND CASH EQUIVALENTS
36,200
72,841
97,108
20,427
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD
216,237
91,997
155,329
144,411
CASH AND CASH EQUIVALENTS AT END OF PERIOD
252,437
164,838
252,437
164,838
INMODE LTD.
CONDENSED CONSOLIDATED FINANCIAL HIGHLIGHTS
(U.S. dollars in thousands, except for per share data)
(Unaudited)
Three months ended September 30,
Nine months ended September 30,
2025
2024
2025
2024
Revenues by Category:
Capital Equipment revenues – United States
45,203
49 %
85,734
66 %
1,15,398
44 %
1,51,392
51 %
Capital Equipment revenues – International
28,063
30 %
28,662
22 %
91,329
34 %
86,191
29 %
Total Capital Equipment revenues
73,266
79 %
1,14,396
88 %
2,06,727
78 %
2,37,583
80 %
Consumables and service revenues
19,899
21 %
15,836
12 %
59,914
22 %
59,382
20 %
Total Revenue
93,165
100 %
1,30,232
100 %
2,66,641
100 %
2,96,965
100 %
Three months ended September 30,
Nine months ended September 30,
2025
2024
2025
2024
%
%
%
%
United
States
International
Total
United
States
International
Total
United
States
International
Total
United
States
International
Total
Revenues by Technology:
Minimal-Invasive
75
76
75
95
77
90
79
79
80
90
82
88
Hands-Free
2
1
2
4
3
4
3
2
2
7
3
5
Non-Invasive
23
23
23
1
20
6
18
19
18
3
15
7
100
100
100
100
100
100
100
100
100
100
100
100
INMODE LTD.
RECONCILIATION OF GAAP CONDENSED CONSOLIDATED STATEMENTS OF
INCOME TO NON-GAAP CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(U.S. dollars in thousands, except for per share data)
(Unaudited)
Three months ended September 30, 2025
Three months ended September 30, 2024
GAAP
Share Based
Compensation
Non-GAAP
GAAP
Share Based
Compensation
Non-GAAP
REVENUES
93,165
–
93,165
130,232
–
130,232
COST OF REVENUES
20,856
(343)
20,513
24,055
(481)
23,574
GROSS PROFIT
72,309
343
72,652
106,177
481
106,658
OPERATING EXPENSES:
Research and development
3,543
(274)
3,269
3,254
(890)
2,364
Sales and marketing
44,970
(1,804)
43,166
51,863
(2,300)
49,563
General and administrative
2,899
(275)
2,624
2,799
(310)
2,489
TOTAL OPERATING
EXPENSES51,412
(2,353)
49,059
57,916
(3,500)
54,416
OPERATIONS INCOME
20,897
2,696
23,593
48,261
3,981
52,242
Finance income, net
4,721
–
4,721
9,918
–
9,918
INCOME BEFORE INCOME TAXES
25,618
2,696
28,314
58,179
3,981
62,160
INCOME TAXES
3,755
27
3,782
7,189
–
7,189
NET INCOME
21,863
2,669
24,532
50,990
3,981
54,971
EARNINGS PER SHARE:
Basic
0.35
0.39
0.66
0.71
Diluted
0.34
0.38
0.65
0.70
WEIGHTED AVERAGE NUMBER OF
SHARES OUTSTANDING USED IN
COMPUTATION OF EARNINGS PER
SHARE (in thousands)
Basic
63,291
63,291
77,022
77,022
Diluted
63,868
64,531
77,908
78,548
Nine months ended September 30, 2025
Nine months ended September 30, 2024
GAAP
Share Based
Compensation
Non-GAAP
GAAP
Share Based
Compensation
Non-GAAP
REVENUES
266,641
–
266,641
296,965
–
296,965
COST OF REVENUES
56,971
(987)
55,984
57,536
(1,361)
56,175
GROSS PROFIT
209,670
987
210,657
239,429
1,361
240,790
OPERATING EXPENSES:
Research and development
9,810
(783)
9,027
10,470
(1,877)
8,593
Sales and marketing
132,171
(6,096)
126,075
136,713
(9,007)
127,706
General and administrative
8,293
(766)
7,527
7,579
(877)
6,702
TOTAL OPERATING
EXPENSES150,274
(7,645)
142,629
154,762
(11,761)
143,001
OPERATIONS INCOME
59,396
8,632
68,028
84,667
13,122
97,789
Finance income, net
19,642
–
19,642
26,592
–
26,592
INCOME BEFORE INCOME
TAXES79,038
8,632
87,670
111,259
13,122
124,381
INCOME TAXES
12,232
(628)
11,604
12,755
–
12,755
NET INCOME
66,806
9,260
76,066
98,504
13,122
111,626
EARNINGS PER
SHARE:
Basic
1.03
1.17
1.20
1.36
Diluted
1.02
1.15
1.19
1.34
WEIGHTED AVERAGE
NUMBER OF SHARES
OUTSTANDING USED IN
COMPUTATION OF
EARNINGS PER SHARE (in
thousands)
Basic
65,072
65,072
81,795
81,795
Diluted
65,727
66,199
83,016
83,536
Logo: https://mma.prnewswire.com/media/1064477/InMode_Logo.jpg
SOURCE InMode Ltd.
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Using Attribution Paths To Transform Your Google Ads Strategy
Let’s state a fact: Google Ads in 2025 runs on automation. From Smart Bidding and Responsive Search Ads to Performance Max and upcoming AI-driven campaign types, machine learning now determines how ads are served and how budgets are…
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