Insmed/$INSM

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About Insmed

Insmed Inc is a biopharmaceutical company. Its commercial portfolio and clinical pipeline are organized around three therapeutic areas: Respiratory, Immunology and Inflammation, and Neuro and Other Rare. The company's two commercial products, Arikayce and Brinsupri, are both part of the Respiratory therapeutic area. The firm's clinical-stage programs are TPIP, INS1148, brensocatib, and INS1201, focusing on different therapeutic areas. Additionally, Insmed's pre-clinical research programs encompass various technologies and modalities, including gene therapy, AI-driven protein engineering, protein manufacturing, RNA end-joining, and synthetic rescue. Geographically, the company generates maximum revenue from the United States from the sale of its commercial products.
Ticker
$INSM
Sector
Health
Primary listing
NASDAQ
Employees
1,664

Insmed Metrics

BasicAdvanced
$28B
-
-$4.08
0.79
-

What the Analysts think about Insmed

Analyst ratings (Buy, Hold, Sell) for Insmed stock.
Analyst projections of the future price of Insmed stock.

Bulls say / Bears say

Insmed's Q2 2026 product revenues of $425.5 million topped consensus by ~$30 million, fueled by BRINSUPRI's $309.2 million (+49% sequential growth) and ARIKAYCE's $116.3 million (+8% year-over-year) (PR Newswire, MarketBeat).
Management raised full-year 2026 BRINSUPRI revenue guidance to $1.25 billion–$1.40 billion (from at least $1 billion) and reiterated ARIKAYCE guidance of $450 million–$470 million, reflecting confidence in commercial momentum (PR Newswire).
In July 2026, Insmed reported positive 12-month open-label extension data for TPIP in PAH patients, demonstrating sustained improvement in 6-minute walk distance, NT-proBNP levels, and REVEAL Lite 2.0 risk scores, strengthening the Phase 3 program’s outlook (MarketScreener).
Despite topline growth, Insmed recorded a net loss of $13.2 million (−$0.06 per share) in Q2 2026, underscoring ongoing unprofitability and reliance on external funding (PR Newswire).
Revenue concentration in two products—BRINSUPRI and ARIKAYCE accounted for 100% of Q2 2026 revenues—exposes Insmed to competitive, regulatory, and market-access risks in a narrow commercial portfolio (PR Newswire).
High operating expenses—R&D of $210 million and SG&A of $247.5 million in Q2 2026—coupled with a cash burn trajectory, may pressure margins and necessitate future equity or debt financing despite a $1.2 billion cash balance (PR Newswire).
Data summarised monthly by Lightyear AI. Last updated on 2 Sept 2026.

Insmed Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Insmed Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing Insmed

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