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What changed in Insmed Inc's latest annual report

In the year ended 31 Dec 2025, Insmed Inc's revenue rose 66.7% to USD 606.42m, from USD 363.71m; shareholders' equity rose 158.9% to USD 738.98m, from USD 285.38m; long-term debt fell 51% to USD 540.96m, from USD 1.10bn.

Year ended 31 Dec 2025. Source: 10-K filed 19 Feb 2026, read it on SEC EDGAR.

USD 363.71m to USD 606.42m

Revenue, up 66.7% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue363.71m606.42mUp 66.7%
Net income-913.77m-1.28bnNot comparable
Total assets2.03bn2.26bnUp 11.8%
Total liabilities1.74bn1.53bnDown 12.3%
Long-term debt1.10bn540.96mDown 51%
Cash and cash equivalents555.03m510.44mDown 8%
Shareholders' equity285.38m738.98mUp 158.9%

Questions people ask

Did Insmed Inc's revenue grow last year?

Revenue grew 66.7%, from USD 363.71m to USD 606.42m in the year ended 31 Dec 2025.

Is Insmed Inc profitable?

Not in its latest year: it reported a net loss of USD 1.28bn in the year ended 31 Dec 2025. The year before: a net loss of USD 913.77m.

How much cash and debt does Insmed Inc have?

At its latest year end (31 Dec 2025), Insmed Inc reported cash and cash equivalents of USD 510.44m and long-term debt of USD 540.96m.

Where do these numbers come from?

From Insmed Inc's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Insmed Inc (INSM) 10-K: what changed year on year | LYNORIQ Insights