Significant Revenue Growth
InspireMD's total revenue for the third quarter of 2025 reached $2.5 million, representing a year-over-year growth of 39% and sequential growth of over 40% since the last quarter.
Successful Launch of CGuard Prime in the U.S.
The U.S. revenue for the third quarter was $497,000, marking the first quarter of U.S. commercial revenue following the FDA approval in June 2025.
Strong International Performance
International revenue for the third quarter was $2.0 million, an increase of 12% compared to the third quarter of 2024, driven by increased usage in over 30 markets and favorable foreign exchange impacts.
Gross Margin Improvement
Gross profit increased by over 100% to $864,000 with a gross margin increase to 34.2% from 22.9% in the previous year.
Strong Financial Position
Cash and cash equivalents and marketable securities were $63.4 million as of September 30, 2025, due to successful financing events raising a total of $58 million.
Expansion of Clinical Trials
Progress in clinical trials such as C-GUARDIANS II and III, with expected FDA clearance and launches in mid-2026 and mid-2027 respectively, showcasing the versatility and clinical value of the platform.
Appointment of New Chief Medical Officer
Dr. Peter Soukas was appointed as the new Chief Medical Officer to oversee clinical and medical topics, enhancing the company's clinical excellence and market awareness.