NASDAQ$INGN

Inogen Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Announced third quarter financial results with double digit year-over-year revenue growth of 13.2%.

Inogen reported a 13.2% increase in revenue to $105.4 million compared to the third quarter of 2021. The increase was driven by higher domestic business-to-business sales and strength in the rental channel, offset by lower international business-to-business and direct-to-consumer sales. The company reported a GAAP net loss of $9.5 million and adjusted EBITDA was a loss of $1.2 million.

  • Total revenue was $105.4 million, a 13.2% increase year-over-year.
  • On a constant currency basis, total revenue increased 14.5% year-over-year.
  • GAAP net loss was $9.5 million, adjusted net loss was $4.1 million, and adjusted EBITDA was a loss of $1.2 million.
  • Cash and cash equivalents were $209.6 million as of September 30, 2022.

Headline financials

Total Revenue

$105M

Previous: $93.1M+13.2%
EPS (adj)

-$0.18

Previous: $0.53-134.0%
Capital Expenditures

-$2.77M

Previous: -$4.81M+42.4%
Free Cash Flow

-$12.3M

Previous: $7.37M-266.6%
Net Income

-$9.51M

Previous: $12.2M-178.1%
Operating Income

-$10.3M

Previous: $6.37M-261.5%
Gross Profit

$42.8M

Previous: $47.7M-10.3%
Cash & Equivalents

$210M

Previous: $242M-13.2%
Total Assets

$470M

Previous: $513M-8.4%
Stock-Based Comp

$3.5M

Previous: $2.79M+25.4%

Revenue & EPS history

Inogen · Revenue · Quarterly

$105M

Q3 2022+13.2%vs Q3 2021
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Forward guidance

Inogen projects revenue for the fourth quarter of 2022 to be in the range of approximately $87 million to $92 million, or approximately 14% to 20% growth year-over-year.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

-0.7%

Avg return

Earnings day

-2.0%

Avg return

5 days after

-2.0%

Avg return

30 days after

49%

26 / 53 earnings

Positive

+35.5%

Q2 2024

Best reaction

-32.2%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.4%-5.3%-11.0%
Q4 2025+4.3%+5.8%+6.0%
Q3 2025-0.6%+0.9%-1.3%
Q1 2025-11.5%-14.4%-8.1%
Q4 2024-14.8%-14.6%-28.6%
Q3 2024+15.9%+9.1%-0.7%
Q2 2024+35.5%+50.6%+43.0%
Q1 2024+14.6%+17.7%+17.7%
Q4 2023-32.2%-24.3%-13.0%
Q3 2023-1.3%-8.1%+10.0%
Q2 2023-14.6%-18.7%-20.8%
Q1 2023-6.1%-19.3%-21.9%
Q4 2022-31.4%-32.4%-46.4%
Q3 2022-12.5%-10.0%-0.8%
Q2 2022-6.9%-7.3%-6.3%
Q1 2022-2.2%-7.8%+2.0%
Q4 2021+12.6%+25.3%+13.5%
Q3 2021-6.0%-7.3%-21.6%
Q2 2021-22.8%-16.8%-22.1%
Q1 2021-3.5%-2.4%-12.8%
Q4 2020+4.6%+5.4%-4.2%
Q3 2020-7.1%+9.8%+33.0%
Q2 2020+16.4%+17.0%-6.5%
Q1 2020-21.4%-20.1%-24.2%
Q4 2019+10.2%+5.4%+26.4%
Q3 2019+17.3%+19.7%+24.4%
Q2 2019-15.4%-18.5%-20.9%
Q1 2019-28.8%-22.2%-31.8%
Q4 2018-26.4%-25.9%-35.1%
Q3 2018-18.8%-22.6%-24.8%
Q2 2018+7.7%+6.3%+21.3%
Q1 2018+21.0%+18.7%+26.7%
Q4 2017-9.3%-8.4%-7.8%
Q3 2017+16.1%+12.9%+15.0%
Q2 2017-5.6%-3.9%+0.3%
Q1 2017+0.2%-2.6%+11.9%
Q4 2016+6.8%+6.0%+11.4%
Q3 2016+13.0%+15.8%+22.3%
Q2 2016+0.9%+9.3%+8.9%
Q1 2016-6.6%
Q4 2015+20.6%
Q3 2015-1.8%
Q2 2015+13.0%
Q1 2015+4.9%
Q4 2014+1.8%
Q4 2012+1.8%
Q3 2013-1.7%
Q3 2014+6.0%
Q2 2014+3.6%
Q2 2013+3.6%
Q1 2013+12.7%
Q1 2014+12.7%
Q4 2013-1.0%
Q3 2012

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