InMode Q2 Revenue Flat at $95.6M, Margins Plunge; Guides FY26 EPS Below Street
INMD sits 21% above its 52-week low of $12.72.
Summary
InMode's Q2 revenue was flat year-over-year at $95.6 million, beating the IBES estimate of $93 million. Gross margin fell to 75% from 80%, and operating margin dropped to 13% from 24%, driven by higher costs, product mix, and restructuring expenses. Non-GAAP EPS of $0.35 missed last year's $0.47. The company issued full-year 2026 guidance for revenue of $365-$375 million and non-GAAP EPS of $1.29-$1.34, below consensus expectations. This earnings report lands amid an ongoing takeover battle, with competing bids from the CEO-led group at $16.20 and Steel Partners at $16.75 per share. The company completed a $87.8 million share buyback, retiring 6.38 million shares.
Updates
· SEC 6-K — The 6-K includes full financial statements and confirms the Q2 results and guidance.
At the time of this announcement, INMD was trading at $15.37 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $883.5M. The 52-week trading range was $12.72 to $16.74. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: PR Newswire.