Exhibit 99.1

InMode Reports Second Quarter 2025 Financial Results: Quarterly Revenue of $95.6 Million,
80% Gross Margins

YOKNEAM, Israel, July 30, 2025 - InMode Ltd. (Nasdaq: INMD) (“InMode”), a leading global provider of innovative medical technologies, today announced its consolidated financial results for the second quarter ended June 30, 2025.
 
Second Quarter 2025 Highlights:

 
●
Quarterly GAAP revenues of $95.6 million, compared to $86.4 million in the second quarter of 2024.
 
●
Quarterly revenues from consumables and service of $19.8 million, a decrease of 6% compared to the second quarter of 2024.
 
●
GAAP operating income of $22.9 million, *non-GAAP operating income of $26.3 million.
 
●
Total cash position of $510.7 million as of June 30, 2025, including cash and cash equivalents, marketable securities and short-term bank deposits.

U.S. GAAP Results
(U.S. dollars in thousands, except for per share data)
 
Q2 2025
Q2 2024
Revenues
$95,602
$86,449
Gross Margins
80%
80%
Net Income
$26,742
$23,818
Earnings per Diluted Share
$0.42
$0.28
*Non-GAAP Results
(U.S. dollars in thousands, except for per share data)
 
Q2 2025
Q2 2024
Gross Margins
80%
81%
Net Income
$30,139
$28,976
Earnings per Diluted Share
$0.47
$0.34

*Please refer to “Use of Non-GAAP Financial Measures” below for important information about non-GAAP financial measures. A reconciliation between U.S. GAAP and non-GAAP Statement of Income is provided following the financial statements that are included in this release. Non-GAAP results exclude share-based compensation and related tax adjustments.
 
Management Comments
 
“The second quarter reflects the broader trends we’ve seen in recent months, with persistent external headwinds, including ongoing macroeconomic uncertainty and a more cautious consumer behavior,” said Moshe Mizrahy, Chief Executive Officer of InMode. “While these factors have impacted our results, we remain disciplined in our execution and committed to investing in the capabilities and growth drivers that will enable us to emerge stronger and deliver sustainable long-term value.

“Although broader economic challenges in the U.S. impacted our overall performance this quarter, our international business provided a certain offset. Once again, sales generated from Europe reached a record high in the second quarter,” Mizrahy concluded.

Yair Malca, Chief Financial Officer of InMode, added, “Our strong balance sheet is a key asset in these uncertain times, giving us the flexibility to retain top talent, expand globally, and continue leading the industry with cutting-edge technologies. Finally, assuming U.S. tariffs remain at their current level of 10%, we expect gross margins to be impacted by approximately 2% to 3%. We continue to evaluate options to mitigate the effects of these tariffs,” Malca concluded.

Second Quarter 2025 Financial Results
 
Total revenues for the second quarter of 2025 were $95.6 million.  In the second quarter of 2024, revenues were $86.4 million, excluding $16.2 million in pre-orders for new platforms which had not yet been delivered by quarter-end.

GAAP gross margin for the second quarter remained steady at 80%, consistent with the second quarter of 2024. *On a non-GAAP basis, gross margin was 80%, compared to 81% last year.

GAAP operating margin for the second quarter of 2025 was 24%, compared to 21% in the second quarter of 2024. *Non-GAAP operating margin for the second quarter of 2025 was 28% compared to 27% for the second quarter of 2024.
 
InMode reported GAAP net income of $26.7 million, or $0.42 per diluted share, in the second quarter of 2025, compared to $23.8 million, or $0.28 per diluted share, in the second quarter of 2024. On a *non-GAAP basis, InMode reported net income of $30.1 million, or $0.47 per diluted share, in the second quarter of 2025, compared to $29.0 million, or $0.34 per diluted share, in the second quarter of 2024.
 
As of June 30, 2025, InMode had cash and cash equivalents, marketable securities and short-term bank deposits of $510.7 million.
 
2025 Financial Outlook
 
Management provided an outlook for the full year of 2025 ending December 31, 2025. Based on our current estimates, management expects:

●
Revenues between $365 to $375 million, compared to prior guidance of $395 million to $405 million
●
*Non-GAAP gross margin remains the same as in previous guidance between 78% and 80%
●
*Non-GAAP income from operations to be between $93 million and $98 million, compared to previous guidance of $101 million to $106 million
●
*Non-GAAP earnings per diluted share between $1.55 to $1.59, compared to previous guidance of $1.64 to $1.68
 
This outlook is not a guarantee of future performance, and stockholders should not rely on such forward-looking statements. See “Forward-Looking Statements” for additional information.
 
*Please refer to “Use of Non-GAAP Financial Measures” below for important information about non-GAAP financial measures. A reconciliation between U.S. GAAP and non-GAAP Statement of Income is provided following the financial statements that are included in this release. Non-GAAP results exclude share-based compensation and related tax adjustments.
 
The Current Situation in Israel
 
Regarding the current situation in Israel, the conflict in the region remains volatile. A ceasefire between Israel and Hamas began in January 2025 but collapsed in March. On June 13, Israel launched a pre-emptive strike on Iran, prompting retaliatory missile and drone attacks. A ceasefire between Israel and Iran was reached on June 23, though its durability remains uncertain. The scope and severity of ongoing conflicts in Gaza, Northern Israel, Lebanon, Iran, and the broader region are unpredictable and could escalate further. To date, our operations have not been materially affected. We continue to monitor political and military developments closely and examine the consequences for our operations and assets. 

Use of Non-GAAP Financial Measures
 
In addition to InMode’s operating results presented in accordance with GAAP, this release contains certain non-GAAP financial measures including non-GAAP net income, non-GAAP earnings per diluted share, non-GAAP operating margin. Because these measures are used in InMode’s internal analysis of financial and operating performance, management believes they provide investors with greater transparency of its view of InMode’s economic performance. Management also believes the presentation of these measures, when analyzed in conjunction with InMode’s GAAP operating results, allows investors to more effectively evaluate and compare InMode’s performance to that of its peers, although InMode’s presentation of its non-GAAP measures may not be strictly comparable to the similarly titled measures of other companies. Schedules reconciling each of these non-GAAP financial measures are provided as a supplement to this release.
 
Conference Call Information
 
Mr. Moshe Mizrahy, Chief Executive Officer, Dr. Michael Kreindel, Co-Founder and Chief Technology Officer, Mr. Yair Malca, Chief Financial Officer will host a conference call today, July 30, 2025, at 8:30 a.m. Eastern Time to discuss the second quarter 2025 financial results.
 
The Company encourages participants to pre-register for the conference call using the following link:
https://dpregister.com/sreg/10201337/ff895a1432.

Callers will receive a unique dial-in number upon registration, which enables immediate access to the call. Participants may pre-register at any time, including up to and after the call start time.

For callers who opt out of pre-registration, please dial one of the following teleconferencing numbers. Please begin by placing your call 10 minutes before the conference call commences. If you are unable to connect using the toll-free number, please try the international dial-in number.

U.S. Toll-Free Dial-in Number: 1-833-316-0562
Israel Toll- Free Dial-in Number: 1-80-921-2373
International Dial-in Number: 1-412-317-5736
Webcast URL: https://event.choruscall.com/mediaframe/webcast.html?webcastid=LXTC7h0D
At:
8:30 a.m. Eastern Time
5:30 a.m. Pacific Time

The conference call will also be webcast live from a link on InMode's website at https://inmodemd.com/investors/events-presentations/. A replay of the conference call will be available from July 30, 2025, at 12 p.m. Eastern Time to August 13, 2025, at 11:59 p.m. Eastern Time. To access the replay, please dial one of the following numbers: 

Replay Dial-in U.S TOLL-FREE: 1-877-344-7529
Replay Dial-in Canada TOLL-FREE: 1-855-669-9658
Replay Dial-in TOLL/INTERNATIONAL: 1-412-317-0088
Replay Pin Number: 4085483

To access the replay using an international dial-in number, please select the link below:
https://services.choruscall.com/ccforms/replay.html

A replay of the conference call will also be available for 90 days on InMode's website at https://inmodemd.com/investors/.

About InMode
InMode is a leading global provider of innovative medical technologies. InMode develops, manufactures, and markets devices harnessing novel radio frequency (“RF”) technology. InMode strives to enable new emerging surgical procedures as well as improve existing treatments. InMode has leveraged its medically accepted minimally invasive RF technologies to offer a comprehensive line of products across several categories for plastic surgery, gynecology, dermatology, otolaryngology, and ophthalmology. For more information about InMode, please visit www.inmodemd.com.

Forward-Looking Statements

The information in this press release includes forward-looking statements within the meaning of the federal securities laws. These statements generally relate to future events or InMode's future financial or operating performance, including the 2025 revenue projection described above. Actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. In some cases, you can identify these statements because they contain words such as "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "predict," "project," "will," "would" and similar expressions that concern our expectations, strategic plans or intentions. Forward-looking statements are based on management's current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Consequently, actual results could differ materially from those indicated in these forward-looking statements. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements included in InMode's Annual Report on Form 20-F filed with the Securities and Exchange Commission on February 4, 2025, and our future public filings. InMode undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which pertain only as of the date of this press release.
 
Company Contact:
Yair Malca
Chief Financial Officer
Phone: (949) 305-0108
Email: Yair.Malca@inmodemd.com
Investor Relations Contact:
Miri Segal
MS-IR LLC
Email: ir@inmodemd.com

INMODE LTD.
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(U.S. dollars in thousands, except for per share data)
(Unaudited)

   
Three months ended
June 30,
    
Six months ended
June 30,
  
   
2025
    
2024
    
2025
    
2024
  
REVENUES
    
95,602
      
86,449
      
173,476
      
166,733
  
COST OF REVENUES
    
19,152
      
17,116
      
36,115
      
33,481
  
GROSS PROFIT
    
76,450
      
69,333
      
137,361
      
133,252
  
OPERATING EXPENSES:
                                
Research and development
    
3,372
      
3,698
      
6,267
      
7,216
  
Sales and marketing
    
47,474
      
45,055
      
87,201
      
84,850
  
General and administrative
    
2,723
      
2,266
      
5,394
      
4,780
  
TOTAL OPERATING EXPENSES
    
53,569
      
51,019
      
98,862
      
96,846
  
OPERATIONS INCOME
    
22,881
      
18,314
      
38,499
      
36,406
  
Finance income, net
    
8,062
      
8,690
      
14,921
      
16,674
  
INCOME BEFORE INCOME TAXES
    
30,943
      
27,004
      
53,420
      
53,080
  
INCOME TAXES
    
4,201
      
3,186
      
8,477
      
5,566
  
NET INCOME
    
26,742
      
23,818
      
44,943
      
47,514
  
                                 
EARNINGS PER SHARE:
                                
Basic
    
0.42
      
0.28
      
0.68
      
0.56
  
Diluted
    
0.42
      
0.28
      
0.68
      
0.55
  
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING USED IN COMPUTATION OF EARNINGS PER SHARE (in thousands)
                                
Basic
    
63,252
      
83,878
      
65,982
      
84,205
  
Diluted
    
63,637
      
85,890
      
66,540
      
86,520
  

INMODE LTD.
CONDENSED CONSOLIDATED BALANCE SHEETS
(U.S. dollars in thousands, except for per share data)
(Unaudited)

   
June 30,
2025
    
December 31,
2024
  
Assets
            
CURRENT ASSETS:
            
Cash and cash equivalents
    
216,237
      
155,329
  
Marketable securities
    
183,388
      
267,688
  
Short-term bank deposits
    
111,058
      
173,455
  
Accounts receivable, net of allowance for credit losses
    
35,654
      
36,335
  
Prepaid expense and other receivables
    
24,334
      
22,097
  
Inventories
    
68,110
      
59,548
  
         TOTAL CURRENT ASSETS
    
638,781
      
714,452
  
    NON-CURRENT ASSETS:
                
Accounts receivable, net of allowance for credit losses
    
2,545
      
3,176
  
Deferred income tax asset
    
54,763
      
56,285
  
Operating lease right-of-use assets
    
9,299
      
8,732
  
Property and equipment, net
    
2,260
      
2,322
  
Other investments
    
700
      
700
  
TOTAL NON-CURRENT ASSETS
    
69,567
      
71,215
  
TOTAL ASSETS
    
708,348
      
785,667
  
Liabilities and shareholders’ equity
                
CURRENT LIABILITIES:
                
Accounts payable
    
17,482
      
13,782
  
Contract liabilities
    
12,996
      
16,755
  
Other liabilities
    
36,056
      
39,314
  
TOTAL CURRENT LIABILITIES
    
66,534
      
69,851
  
    NON-CURRENT LIABILITIES:
                
Contract liabilities
    
3,355
      
3,336
  
Other liabilities
    
3,919
      
3,356
  
Operating lease liabilities
    
6,103
      
5,311
  
TOTAL NON-CURRENT LIABILITIES
    
13,377
      
12,003
  
TOTAL LIABILITIES
    
79,911
      
81,854
  
                 
TOTAL SHAREHOLDERS’ EQUITY
    
628,437
      
703,813
  
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY
    
708,348
      
785,667
  

INMODE LTD.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(U.S. dollars in thousands, except for per share data)
(Unaudited)

   
Three months ended
June 30,
    
Six months ended
June 30,
  
   
2025
    
2024
    
2025
    
2024
  
CASH FLOWS FROM OPERATING ACTIVITIES:
                        
Net income
    
26,742
      
23,818
      
44,943
      
47,514
  
Adjustments required to reconcile net income to net cash provided by operating activities:
                                
Depreciation and amortization
    
191
      
177
      
365
      
342
  
Share-based compensation expenses
    
3,418
      
5,158
      
5,936
      
9,141
  
Change in allowance for credit losses of trade receivable
    
147
      
97
      
53
      
284
  
Loss on marketable securities, net
    
5
      
112
      
3
      
141
  
Finance income, net
    
(313
)
    
(5,040
)
    
(1,887
)
    
(9,797
)
Deferred income taxes
    
566
      
(56
)
    
1,462
      
(93
)
Changes in operating assets and liabilities:
                                
Decrease (increase) in accounts receivable
    
(3,285
)
    
(4,814
)
    
1,259
      
4,494
  
Decrease (increase) in other receivables
    
1,276
      
(4,048
)
    
(2,256
)
    
(6,717
)
Increase in inventories
    
(4,329
)
    
(1,025
)
    
(8,562
)
    
(7,532
)
Increase in accounts payable
    
2,430
      
2,325
      
3,700
      
1,582
  
Increase (decrease) in other liabilities
    
127
      
2,241
      
(3,160
)
    
(5,562
)
Increase (decrease) in contract liabilities (current and non-current)
    
(2,903
)
    
23,114
      
(3,740
)
    
32,376
  
Net cash provided by operating activities
    
24,072
      
42,059
      
38,116
      
66,173
  
CASH FLOWS FROM INVESTING ACTIVITIES:
                                
   Investment in short-term deposits
    
(25,000
)
    
(55,000
)
    
(25,000
)
    
(86,297
)
   Proceeds from short-term deposits
    
55,000
      
13,500
      
86,297
      
13,500
  
   Purchase of fixed assets
    
(219
)
    
(246
)
    
(304
)
    
(358
)
   Purchase of marketable securities
    
-
      
(64,129
)
    
(20,877
)
    
(185,693
)
   Proceeds from sale of marketable securities
    
-
      
33,910
      
3,003
      
47,375
  
   Proceeds from maturity of marketable securities
    
41,875
      
89,690
      
104,022
      
181,808
  
Net cash provided by (used in) investing activities
    
71,656
      
17,725
      
147,141
      
(29,665
)
CASH FLOWS FROM FINANCING ACTIVITIES:
                                
  Repurchase of ordinary shares
    
(27,484
)
    
(88,980
)
    
(127,444
)
    
(88,980
)
       Exercise of options
    
505
      
395
      
999
      
629
  
Net cash used in financing activities
    
(26,979
)
    
(88,585
)
    
(126,445
)
    
(88,351
)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS
    
1,540
      
(132
)
    
2,096
      
(571
)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
    
70,289
      
(28,933
)
    
60,908
      
(52,414
)
                                 
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD
    
145,948
      
120,930
      
155,329
      
144,411
  
CASH AND CASH EQUIVALENTS AT END OF PERIOD
    
216,237
      
91,997
      
216,237
      
91,997
  

INMODE LTD.
CONDENSED CONSOLIDATED FINANCIAL HIGHLIGHTS
(U.S. dollars in thousands, except for per share data)
(Unaudited)

   
Three months ended June 30,
    
Six months ended June 30,
  
   
2025
     2024     2025     2024
  
Revenues by Category:
                                                
                                                 
Capital Equipment revenues - United States
    
40,653
      
42
%
    
34,799
      
41
%
    
70,195
      
40
%
    
65,658
      
39
%
Capital Equipment revenues - International
    
35,133
      
37
%
    
30,606
      
35
%
    
63,266
      
37
%
    
57,529
      
35
%
Total Capital Equipment revenues
    
75,786
      
79
%
    
65,405
      
76
%
    
133,461
      
77
%
    
123,187
      
74
%
Consumables and service revenues
    
19,816
      
21
%
    
21,044
      
24
%
    
40,015
      
23
%
    
43,546
      
26
%
Total Revenue
    
95,602
      
100
%
    
86,449
      
100
%
    
173,476
      
100
%
    
166,733
      
100
%

 
Three months ended June 30,
    
Six months ended June 30,
  
   
2025
    
2024
    
2025
    
2024
  
   
%
    
%
    
%
    
%
  
   
United States
    
International
    
Total
    
United States
    
International
    
Total
    
United States
    
International
    
Total
    
United States
    
International
    
Total
  
Revenues by Technology:
                                                                        
Minimal-Invasive
    
73
      
82
      
78
      
85
      
86
      
87
      
82
      
81
      
81
      
87
      
84
      
86
  
Hands-Free
    
4
      
2
      
3
      
11
      
4
      
7
      
3
      
2
      
3
      
9
      
3
      
6
  
Non-Invasive
    
23
      
16
      
19
      
4
      
10
      
6
      
15
      
17
      
16
      
4
      
13
      
8
  
     
100
      
100
      
100
      
100
      
100
      
100
      
100
      
100
      
100
      
100
      
100
      
100
  

INMODE LTD.
RECONCILIATION OF GAAP CONDENSED CONSOLIDATED STATEMENTS OF
 INCOME TO NON-GAAP CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(U.S. dollars in thousands, except for per share data)
(Unaudited)

 
Three months ended June 30, 2025
    
Three months ended June 30, 2024
  
   
GAAP
    
Share Based
Compensation
    
Non-GAAP
    
GAAP
    
Share Based
Compensation
    
Non-GAAP
  
REVENUES
    
95,602
      
-
      
95,602
      
86,449
      
-
      
86,449
  
COST OF REVENUES
    
19,152
      
(334
)
    
18,818
      
17,116
      
(471
)
    
16,645
  
GROSS PROFIT
    
76,450
      
334
      
76,784
      
69,333
      
471
      
69,804
  
OPERATING EXPENSES:
                                                
Research and development
    
3,372
      
(287
)
    
3,085
      
3,698
      
(559
)
    
3,139
  
Sales and marketing
    
47,474
      
(2,529
)
    
44,945
      
45,055
      
(3,824
)
    
41,231
  
General and administrative
    
2,723
      
(268
)
    
2,455
      
2,266
      
(304
)
    
1,962
  
TOTAL OPERATING
EXPENSES
    
53,569
      
(3,084
)
    
50,485
      
51,019
      
(4,687
)
    
46,332
  
OPERATIONS INCOME
    
22,881
      
3,418
      
26,299
      
18,314
      
5,158
      
23,472
  
Finance income, net
    
8,062
      
-
      
8,062
      
8,690
      
-
      
8,690
  
INCOME BEFORE INCOME TAXES
    
30,943
      
3,418
      
34,361
      
27,004
      
5,158
      
32,162
  
INCOME TAXES
    
4,201
      
21
      
4,222
      
3,186
      
-
      
3,186
  
NET INCOME
    
26,742
      
3,397
      
30,139
      
23,818
      
5,158
      
28,976
  
                                                 
EARNINGS PER SHARE:
                                                
Basic
    
0.42
              
0.48
      
0.28
              
0.35
  
Diluted
    
0.42
              
0.47
      
0.28
              
0.34
  
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING USED IN COMPUTATION OF EARNINGS PER SHARE (in thousands)
                                                
Basic
    
63,252
              
63,252
      
83,878
              
83,878
  
Diluted
    
63,637
              
64,537
      
85,890
              
85,900
  

 
Six months ended June 30, 2025
    
Six months ended June 30, 2024
  
   
GAAP
    
Share Based
Compensation
    
Non-GAAP
    
GAAP
    
Share Based
Compensation
    
Non-GAAP
  
REVENUES
    
173,476
      
-
      
173,476
      
166,733
      
-
      
166,733
  
COST OF REVENUES
    
36,115
      
(644
)
    
35,471
      
33,481
      
(880
)
    
32,601
  
GROSS PROFIT
    
137,361
      
644
      
138,005
      
133,252
      
880
      
134,132
  
OPERATING EXPENSES:
                                                
Research and development
    
6,267
      
(509
)
    
5,758
      
7,216
      
(987
)
    
6,229
  
Sales and marketing
    
87,201
      
(4,292
)
    
82,909
      
84,850
      
(6,707
)
    
78,143
  
General and administrative
    
5,394
      
(491
)
    
4,903
      
4,780
      
(567
)
    
4,213
  
TOTAL OPERATING
EXPENSES
    
98,862
      
(5,292
)
    
93,570
      
96,846
      
(8,261
)
    
88,585
  
OPERATIONS INCOME
    
38,499
      
5,936
      
44,435
      
36,406
      
9,141
      
45,547
  
Finance income, net
    
14,921
      
-
      
14,921
      
16,674
      
-
      
16,674
  
INCOME BEFORE INCOME TAXES
    
53,420
      
5,936
      
59,356
      
53,080
      
9,141
      
62,221
  
INCOME TAXES
    
8,477
      
(655
)
    
7,822
      
5,566
      
-
      
5,566
  
NET INCOME
    
44,943
      
6,591
      
51,534
      
47,514
      
9,141
      
56,655
  
                                                 
EARNINGS PER
SHARE:
                                                
Basic
    
0.68
              
0.78
      
0.56
              
0.67
  
Diluted
    
0.68
              
0.77
      
0.55
              
0.65
  
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING USED IN COMPUTATION OF EARNINGS PER SHARE (in thousands)
                                                
Basic
    
65,982
              
65,982
      
84,205
              
84,205
  
Diluted
    
66,540
              
67,052
      
86,520
              
86,531