Inspire Medical Systems (FRA:2DR) Tax Rate % : -6.95% (As of Mar. 2024)

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What is Inspire Medical Systems Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Inspire Medical Systems's Tax Expense for the three months ended in Mar. 2024 was €0.6 Mil. Inspire Medical Systems's Pre-Tax Income for the three months ended in Mar. 2024 was €-8.6 Mil. Therefore, Inspire Medical Systems's Tax Rate % for the quarter that ended in Mar. 2024 was -6.95%.

Inspire Medical Systems Tax Rate % Historical Data

The historical data trend for Inspire Medical Systems's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Inspire Medical Systems Tax Rate % Chart

Inspire Medical Systems Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-0.12

-0.20

-0.17

-1.39

-6.26

Inspire Medical Systems Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															-1.42	-1.83	-4.15	3.13	-6.95

Inspire Medical Systems Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Inspire Medical Systems's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	1.143	/	-18.254
	=	-6.26 %

Inspire Medical Systems's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	0.598	/	-8.607
	=	-6.95 %

Inspire Medical Systems Tax Rate % Related Terms

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Inspire Medical Systems (FRA:2DR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Inspire Medical Systems Inc (FRA:2DR) » Definitions » Tax Rate %

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INSP:USA 2DR:Germany

Address

5500 Wayzata Boulevard, Suite 1600, Golden Valley, MN, USA, 55416

Website

https://www.inspiresleep.com

Inspire Medical Systems Inc operates as a medical technology company. It focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA). It offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for moderate to severe obstructive sleep apnea. The firm has operating footprints in the United States and Europe wherein, it generates a majority of its revenue from the United States.

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