InspireMD Q2 FY26 net loss widens 8.9% to $14.32 million; revenue slips 0.4% to $1.77 million
Reuters2026/08/14 20:39- InspireMD posted a net loss of $14.32 million for the quarter ended June 30, 2026, widening 8.9% year over year.
- Revenue slipped 0.4% to $1.77 million, with U.S. revenue at $-351,000 versus $2.12 million internationally.
- Gross loss was $774,000, swinging from gross profit; gross margin fell 61.3 percentage points to -43.7%.
- May voluntary U.S. recall of CGuard Prime drove $734,000 in revenue credits; inventory impairment tied to the recall totaled $612,000.
- Management expects to submit a PMA supplement in Q4 2026; a post-quarter workforce reduction targets nearly 20% headcount and $9 million annualized savings.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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