INMD

Healthcare

InMode Ltd. · Medical - Devices · $870M

UQS Score — Balanced Preset
51.1
Good

InMode Ltd. scores 51.1/100 using the Balanced preset.

UQS vs Healthcare Sector
INMD
51.1
Sector avg
32.4
Quality
Good
Moat
Weak
Growth
Weak
Risk
Strong
Valuation
Good

What is InMode Ltd.?

InMode Ltd. is a medical technology company specializing in minimally invasive and non-invasive aesthetic devices. Headquartered in Yokne'am, Israel, the company sells its platforms to physicians and clinics across the United States and internationally.

InMode generates revenue by selling proprietary energy-based medical devices to aesthetic and surgical practices. Its platforms use radiofrequency technology to perform procedures such as body contouring, skin tightening, and facial rejuvenation with minimal downtime. The company also addresses women's health conditions through the same core technology. Revenue comes from capital equipment sales as well as consumables and service contracts tied to those platforms.

InMode was incorporated in 2008 and is headquartered in Yokne'am, Israel.

  • Minimally invasive radiofrequency body and face contouring platforms
  • Non-invasive skin rejuvenation and wrinkle reduction devices
  • Permanent hair reduction and vascular lesion treatment systems
  • Hands-free fat reduction and muscle stimulation platforms
  • Women's health minimally invasive treatment solutions

Is INMD a Good Stock to Buy?

UQS Score rates INMD as Good overall, reflecting a mixed but balanced profile across its five pillars.

The Risk pillar stands out as a clear strength, suggesting InMode carries a conservative financial structure relative to many small-cap healthcare peers. The Valuation pillar is rated Attractive, meaning the stock does not appear to be priced at a premium versus its fundamentals — a notable characteristic in the medical device space.

The Moat and Growth pillars both register as Weak, pointing to limited competitive differentiation and subdued near-term expansion signals that investors should weigh carefully.

See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →

Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.

Does INMD pay dividends?

No — InMode Ltd. does not currently pay a dividend.

InMode does not currently pay a dividend. For a growth-oriented medical device company, retaining capital to fund research, product development, and international market expansion is a common strategic choice. Income-focused investors should note this, while those focused on reinvestment potential may view the approach as consistent with the company's stage and sector.

When does INMD report earnings?

InMode reports earnings on a quarterly cadence, consistent with standard practice for US-listed equities.

The company's recent results have reflected the pressures visible in its Growth pillar rating — revenue trends have moderated compared to earlier high-growth periods. Management commentary has focused on procedure adoption rates and international expansion as key levers going forward.

For the most recent quarter's results and guidance, visit InMode's official investor relations page.

INMD Price History

-66.0% over 5Y

Monthly close, adjusted for stock splits and dividend reinvestment.

Return Calculator

What if I invested in InMode Ltd.?

$
Today it would be worth
$3,456
That's a -65.4% total return, or -19.1% annualized.

Based on InMode Ltd.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

INMD Long-term Outlook

InMode's fundamental outlook is shaped by the tension between its Attractive valuation and its Weak Growth pillar. The company operates in a competitive aesthetic device market where procedure volumes are sensitive to consumer discretionary spending. Its Strong Risk profile suggests the balance sheet provides a degree of resilience, but reigniting top-line momentum remains the central challenge. The path forward likely depends on new platform adoption and deeper international penetration.

Growth drivers

  • International market expansion beyond the core US customer base
  • Adoption of newer platform categories including women's health
  • Consumables and service revenue attached to installed device base

Key risks

  • Weak Growth pillar signals slowing procedure and capital equipment demand
  • Limited moat leaves InMode exposed to competing energy-based device makers
  • Aesthetic spending is discretionary and sensitive to macroeconomic conditions

INMD vs Peers

InMode operates in a competitive medical device landscape alongside companies spanning surgical robotics, neurodiagnostics, and regenerative medicine.

SSIIINMD scores higher
SS Innovations International, Inc.

SS Innovations focuses on surgical robotics platforms, competing in a different procedural category but targeting the same physician-buyer audience.

IARTINMD scores higher
Integra LifeSciences Holdings Corporation

Integra LifeSciences addresses neurosurgery and reconstructive surgery, offering a broader and more diversified medical device portfolio than InMode's aesthetic focus.

CBLLINMD scores higher
CeriBell, Inc.

CeriBell specializes in rapid EEG neurodiagnostic devices, representing a distinct clinical niche within the broader medical technology sector.

Frequently Asked Questions

What does InMode do?

InMode designs and sells energy-based medical devices used by physicians for aesthetic and minimally invasive procedures. Its platforms use proprietary radiofrequency technology to perform body contouring, skin tightening, facial rejuvenation, and women's health treatments. The company sells both capital equipment and recurring consumables to clinics worldwide.

Does INMD pay dividends?

InMode does not currently pay a dividend. The company retains its earnings, which is common among medical device companies that prioritize reinvestment in product development and geographic expansion over returning cash to shareholders through distributions.

When does INMD report earnings?

InMode reports financial results on a quarterly basis, in line with standard US-listed company practice. For exact dates and upcoming earnings schedules, check InMode's investor relations page directly, as our data source does not carry forward-looking calendar events.

Is INMD a good stock to buy?

UQS Score rates INMD as Good overall. The Valuation pillar is Attractive and the Risk pillar is Strong, which are positive signals. However, the Moat and Growth pillars are both Weak, indicating meaningful headwinds. Whether those trade-offs suit your portfolio depends on your own investment criteria — view the full pillar breakdown on UQS Pro.

Is INMD overvalued?

Based on the UQS Valuation pillar, INMD is rated Attractive, suggesting the stock is not trading at an obvious premium relative to its fundamentals. This stands out in the medical device sector, where growth-oriented peers often carry elevated valuations. The complete valuation metrics are available to UQS Pro members.

How does INMD compare to its competitors?

InMode occupies a focused niche in aesthetic and minimally invasive radiofrequency devices, which differentiates it from broader medical device companies like Integra LifeSciences. Compared to surgical robotics or neurodiagnostic peers, InMode's revenue is more concentrated in elective, consumer-driven procedures. See the side-by-side UQS pillar comparison on this page for more context.

What is INMD's market cap bracket?

InMode is classified as a small-cap company. This places it in a segment of the market that can offer higher growth potential but also carries greater volatility and liquidity risk compared to large-cap or mega-cap medical device peers.

Who founded InMode?

InMode was incorporated in 2008 under the name Invasix Ltd. and rebranded to InMode Ltd. in November 2017. Founding details and executive history are publicly available through the company's official filings and investor relations materials.

Is INMD a long-term quality investment?

As a long-term quality indicator, INMD's UQS profile presents a mixed picture. The Strong Risk pillar and Attractive Valuation are encouraging for durability, but the Weak Moat and Weak Growth pillars raise questions about the company's ability to sustain competitive advantages and expand revenues over time. UQS Pro members can access the full multi-pillar analysis.

What is the main competitive advantage of InMode?

InMode's core differentiation lies in its proprietary radiofrequency-based technology platform, which enables minimally invasive procedures with less downtime than traditional surgical alternatives. However, the UQS Moat pillar rates this advantage as Weak, reflecting competitive pressure from other energy-based device makers in the aesthetic medicine space.

What sector does INMD belong to?

InMode operates in the Healthcare sector, specifically within medical devices and aesthetic technology. Its products sit at the intersection of elective medicine and technology-driven clinical procedures, making it sensitive to both healthcare trends and consumer discretionary spending patterns.

Is INMD a growth stock or value stock?

Based on the UQS pillar profile, INMD leans toward value characteristics at this stage. The Valuation pillar is Attractive while the Growth pillar is Weak, suggesting the market has already discounted slower expansion. Investors seeking high-growth medical device exposure may find the profile less compelling than those looking for reasonably priced quality.

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Pro Analysis

INMD — Score History

45505560Apr 2Apr 12Apr 22May 2May 12May 22May 24v5
Score changes· 15 most recent
DateUQSQualityMoatGrowthRiskValueChange
May 21, 202651.176.627.07.682.475.70.0
May 18, 202651.176.627.07.682.475.5-0.1
May 16, 202651.276.627.07.682.476.0-3.5
May 7, 202654.778.627.010.882.492.0+0.1
May 6, 202654.678.627.010.882.491.0+0.1
Apr 29, 202654.578.627.010.882.490.9-0.1
Apr 26, 202654.678.627.010.882.491.0+0.1
Apr 20, 202654.578.627.010.882.490.70.0
Apr 19, 202654.578.627.010.782.490.6-0.1
Apr 18, 202654.678.627.010.782.491.6+0.3

INMD — Pillar Breakdown

Quality

76.6/100 (25%)

InMode Ltd. demonstrates outstanding capital efficiency and profitability, placing it among the highest-quality businesses in the market.

Capital Efficiency (ROIC)Moderate

How effectively capital is deployed to generate returns.

Return on EquityModerate

Profitability relative to shareholders' equity.

Operating ProfitabilityStrong

Ability to convert revenue into operating profit.

Net ProfitabilityStrong

Bottom-line profit as a share of revenue.

Gross Profit / AssetsStrong

Asset productivity — how much gross profit each dollar of assets generates.

Cash GenerationStrong

Free cash flow relative to market value.

Growth

7.6/100 (20%)

InMode Ltd. faces growth headwinds with declining or stagnant revenue trends.

Recent Revenue TrendWeak

Revenue trajectory over the last twelve months.

3Y Revenue CAGRWeak

Compound annual revenue growth rate over 3 years.

EPS GrowthWeak

Year-over-year earnings per share growth.

Forward Revenue OutlookWeak

Analyst consensus for future revenue growth.

Forward EPS GrowthWeak

Analyst consensus for future earnings growth.

Risk

82.4/100 (15%)

InMode Ltd. carries minimal financial risk with conservative leverage and strong solvency.

Financial LeverageStrong

Debt levels relative to earnings capacity.

Debt/EquityStrong

Total debt relative to shareholder equity.

Current RatioStrong

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageWeak

Earnings capacity relative to interest payments.

Valuation

75.6/100 (15%)

InMode Ltd. appears attractively valued relative to its earnings, cash flows, and sector peers.

Earnings YieldStrong

Inverse of forward P/E — higher yield means cheaper stock.

Price to Free Cash FlowStrong

How many years of FCF the market cap represents.

PEG RatioWeak

P/E relative to earnings growth — lower is more attractive.

EV/EBITDA vs SectorStrong

Enterprise value multiple relative to sector median.

Moat

27/100 (25%)

InMode Ltd. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for INMD.

Score Composition

Quality
76.6×25%19.1
Growth
7.6×20%1.5
Risk
82.4×15%12.4
Valuation
75.6×15%11.3
Moat
27.0×25%6.8
Total
51.1Good

Financial Data

More Stock Analysis

How is the INMD UQS Score Calculated?

The UQS (Unified Quality Score) for InMode Ltd. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses InMode Ltd.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether InMode Ltd. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.