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Inogen(INGN) - 2025 Q2 - Earnings Call Presentation

Q2 2025 Financial Performance - Total revenue reached $92.3 million, a 4.0% year-over-year increase[4] - Business-to-business domestic sales were $25.4 million, up 19.3% year-over-year, representing 27.5% of total revenue[4] - Business-to-business international sales amounted to $35.9 million, a 17.7% increase year-over-year, accounting for 38.9% of total revenue[4] - Direct-to-consumer domestic sales were $17.8 million, a decrease of 21.1% year-over-year, making up 19.3% of total revenue[4] - Rental revenue totaled $13.1 million, down 8.6% year-over-year, contributing 14.2% of total revenue[4] Operating Expenses and Profitability - Total operating expenses for the quarter were $47.47 million, compared to $49.801 million in the same period last year[5] - Net loss for the quarter was $4.152 million, compared to a net loss of $5.590 million in the same period last year[5] - Adjusted EBITDA (non-GAAP) for the quarter was $2.081 million, compared to $1.258 million in the same period last year[7] Non-GAAP Adjustments - Stock-based compensation for the quarter was $2.293 million[7, 9, 11] - Amortization of intangibles for the quarter was $1.209 million[9]