13 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 8.9% per year over the past 5 years.
Operating margin has expanded, at 10.0% in the latest year.
Free cash flow has declined 12.9% per year over the past 5 years.
Financial health
Total debt ($363M) exceeds cash ($43M); net debt is $320M.
Total debt has grown slower than revenue (3.0% vs 8.9% per year).
Operating income covered interest expense 0.8× in the latest year.
Total debt is 4.4× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$304M
-$17M
0.0%
10.0%
$16M
$363M
$43M
2024
$297M
$65M
0.0%
10.3%
$15M
$313M
$29M
2023
$323M
$7M
60.2%
12.0%
$23M
$319M
$40M
2022
$285M
$21M
66.6%
16.3%
$9M
$283M
$25M
2021
$206M
-$41M
74.8%
-2.2%
-$9M
$317M
$48M
2020
$198M
-$57M
76.9%
-9.1%
$33M
$313M
—
2019
$153M
-$41M
83.4%
-8.5%
$20M
$271M
—
2019
—
-$21M
—
—
—
$142M
—
2018
$141M
$13M
84.0%
-5.2%
$9M
$132M
—
2017
—
-$49M
—
—
$3M
$123M
—
2016
—
-$60M
—
—
$9M
$412M
—
2015
—
-$4M
—
—
—
—
—
2015
—
-$60M
—
—
$3M
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$57M
-$500000
0.0%
16.1%
$23M
$326M
$42M
Dec '25
$77M
-$7M
0.0%
14.6%
-$10M
$363M
$43M
Sep '25
$86M
-$2M
0.0%
11.3%
$4M
$344M
$36M
Jun '25
$80M
-$8M
0.0%
9.8%
$6M
$350M
$46M
Mar '25
$60M
-$100000
0.0%
2.6%
$16M
$321M
$39M
Dec '24
$83M
$67M
0.0%
15.5%
$2M
$313M
$29M
Sep '24
$77M
$3M
0.0%
14.5%
$17M
$333M
$37M
Jun '24
$75M
$1M
0.0%
11.6%
-$5M
$313M
$24M
Mar '24
$62M
-$6M
74.5%
-3.4%
$2M
$312M
$35M
Dec '23
$81M
-$700000
77.6%
10.2%
-$200000
$319M
$40M
Sep '23
$98M
$3M
78.1%
12.5%
-$900000
$283M
$26M
Jun '23
$79M
$6M
74.2%
17.4%
$18M
$294M
—
Mar '23
$65M
-$1M
76.9%
7.1%
$6M
$286M
—
Dec '22
$80M
$4M
79.5%
14.4%
-$13M
$283M
$25M
Sep '22
$74M
$9M
72.6%
20.6%
$11M
$257M
—
Jun '22
$71M
$6M
74.8%
17.3%
$5M
$279M
—
Mar '22
$61M
$2M
80.5%
11.4%
-$100000
$302M
—
Dec '21
$67M
-$1M
84.5%
9.6%
-$4M
$317M
$48M
Sep '21
$78M
$25M
82.2%
19.2%
$17M
$317M
—
Jun '21
$42M
-$44M
80.7%
-23.4%
-$14M
$325M
—
Valuation over time
How the market has priced INSE against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 16.1× (Mar '23) to 3.4× (Nov '25).
The price-to-sales ratio has fallen from 1.2× (Mar '23) to 0.7× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is INSE growing its revenue and profit?
Over the past 5 years, Inspired Entertainment, Inc.'s revenue has grown 8.9% per year. These are computed facts, not advice.
How much debt does INSE have?
As of FY2025, Inspired Entertainment, Inc. reported $363M of total debt against $43M of cash; operating income covered interest expense 0.8×.
What is INSE's profit margin?
In FY2025, gross margin was —, operating margin 10.0%, and net margin -5.6%.
What is INSE's P/E ratio?
As of Jun '26, Inspired Entertainment, Inc. traded at a price-to-earnings ratio of about 3.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.