MetaCap

Inspire Medical Systems (INSP) vs Neogen (NEOG)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Neogen (NEOG) has outperformed Inspire Medical Systems (INSP) over the past year, gaining 101.2% versus a loss of 15.1%. Over five years, NEOG leads with a -71.5% price change compared with -72.8% for INSP. Neogen is the larger company by market cap ($2.61 billion vs $2.00 billion), about 1.3 times the size, while Inspire Medical Systems is growing revenue faster (+13.6% vs -2.7%).

On valuation, Neogen trades at a lower forward P/E (31.4x vs 44.9x for Inspire Medical Systems). Inspire Medical Systems converts more of its revenue into profit, with a net margin of 15.9% versus -0.9%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

INSP-15.09%NEOG+101.20%
+150%+46%-58%
Oct 8, 20251 yearOct 8, 2026
INSP-71.13%NEOG-71.73%
+48%-24%-96%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

INSP versus NEOG key metrics
MetricINSPNEOG
Share price$69.32$11.95
Market cap$2.00B$2.61B
1-day change+3.94%+2.05%
YTD return-27.69%+67.53%
1-year return-15.09%+101.20%
5-year return-72.80%-71.47%
P/E ratio (TTM)15.27—
Forward P/E44.8731.45
EPS (TTM)$4.54$-0.26
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$911.98M$870.40M
Revenue growth (YoY)+13.60%-2.72%
Net income (latest FY)$145.42M$-7.90M
Gross margin85.39%46.93%
Operating margin5.59%-2.48%
Net margin15.95%-0.91%
52-week high$147.03$14.26
52-week low$38.91$5.37
Distance from 52-week high-52.85%-16.20%
Analyst consensusholdbuy
Avg. price target upside-6.23%+17.15%
Average volume798.17K3.14M
Shares outstanding28.91M218.31M
Employees1,3332,636
SectorHealth CareHealth Care
IndustryMedical/Dental InstrumentsBiotechnology: In Vitro & In Vivo Diagnostic Substances

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • NEOG has outperformed INSP by 116.3 percentage points over the past year.
  • Inspire Medical Systems is more profitable, keeping 15.9 cents of every revenue dollar as net income versus -0.9 cents for Neogen.
  • Inspire Medical Systems grew revenue faster in its latest fiscal year (+13.60% vs -2.72%).

About Inspire Medical Systems

INSP stock →

Inspire Medical Systems, Inc., a medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA) in the United States and internationally. The company offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for patients with moderate to severe OSA.

Health Care · Medical/Dental Instruments · 1,333 employees

About Neogen

NEOG stock →

Neogen Corporation develops, manufactures, and markets various products and services for food and animal safety in the United States and internationally. It operates through Food Safety and Animal Safety segments.

Health Care · Biotechnology: In Vitro & In Vivo Diagnostic Substances · 2,636 employees

INSP vs NEOG FAQ

Which is bigger, Inspire Medical Systems or Neogen?

Neogen (NEOG) is larger, with a market capitalization of $2.61B compared with $2.00B for Inspire Medical Systems (INSP).

Which stock has performed better over the past year, INSP or NEOG?

NEOG returned +101.20% over the past 12 months, compared with -15.09% for INSP (price return, excluding dividends). Past performance does not predict future results.

Are Inspire Medical Systems and Neogen in the same industry?

Both are in the Health Care sector, but in different industries: Medical/Dental Instruments for Inspire Medical Systems and Biotechnology: In Vitro & In Vivo Diagnostic Substances for Neogen.

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