Exhibit 99.1

InMode Reports Second Quarter 2026 Financial Results:
Quarterly GAAP Revenues of $95.6 Million, Consistent with the Second Quarter of 2025
YOKNEAM, Israel, August 5, 2026 - InMode Ltd. (Nasdaq: INMD) (“InMode”), a leading global provider of innovative medical technologies, today announced its consolidated financial results for the second quarter of 2026.
 
Second Quarter 2026 Highlights:
 
●          Quarterly GAAP revenues of $95.6 million, consistent with the second quarter of 2025.
 
●          Quarterly revenues from consumables and service of $22.3 million, an increase of 13% compared to the second quarter of 2025.
●          GAAP operating income of $12.3 million and *non-GAAP operating income of $16.0 million.
●          Total cash position of $501.1 million as of June 30, 2026, including cash and cash equivalents, marketable securities and short-term bank deposits.
●          Completed the repurchase of 6.38 million ordinary shares for an aggregate purchase price of $87.8 million through the previously announced share repurchase program.

U.S. GAAP Results
(U.S. dollars in thousands, except for per share data)
 
Q2 2026
Q2 2025
Revenues
$95,589
$95,602
Gross Margins
75%
80%
Operating Margins
13%
24%
Net Income
$17,064
$26,742
Earnings per Diluted Share
$0.29
$0.42
*Non-GAAP Results
(U.S. dollars in thousands, except for per share data)
 
Q2 2026
Q2 2025
Gross Margins
75%
80%
Operating Margins
17%
28%
Net Income
$20,812
$30,139
Earnings per Diluted Share
$0.35
$0.47

*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 included in this release. Non-GAAP results exclude share-based compensation, expenses related to independent transaction committee review (representing non-recurring cost) and related income tax adjustments where applicable.
 
Management Comments
“Overall revenue was consistent with the prior-year period, and we saw continued stability in our U.S. capital equipment business, reflecting steady customer demand. This performance is consistent with the stabilization we anticipate will continue through the remainder of the year. We remain focused on investing in opportunities that support long-term growth,” said Moshik Itzkovich, Chief Financial Officer of InMode.
Second Quarter 2026 Financial Results
Total GAAP revenues for the second quarter of 2026 were $95.6 million, consistent with the second quarter of 2025. Revenue from Asia reached a quarterly record, reflecting continued strength across key markets in the region. Quarterly revenues from consumables and service grew 13% compared to the second quarter of 2025, to $22.3 million, derived primarily from international sales.
GAAP gross margin for the second quarter of 2026 was 75%, compared to 80% for the second quarter of 2025.
*Non-GAAP gross margin for the second quarter of 2026 was 75%, compared to 80% for the second quarter of 2025.
GAAP operating margin for the second quarter of 2026 was 13%, compared to 24% for the second quarter of 2025. *Non-GAAP operating margin for the second quarter of 2026 was 17%, compared to 28% for the second quarter of 2025. These decreases were primarily attributable to higher cost of goods sold, product mix, the restructuring of the North America sales team implemented toward the end of 2025, additional marketing and sales investments to retain talent and maintain market share, and higher general and administrative expenses driven by increased professional services costs. We expect these trends to continue for the foreseeable future.
 
InMode reported GAAP net income of $17.1 million, or $0.29 per diluted share, in the second quarter of 2026, compared to $26.7 million, or $0.42 per diluted share, in the second quarter of 2025. On a *non-GAAP basis, InMode reported net income of $20.8 million, or $0.35 per diluted share, in the second quarter of 2026, compared to $30.1 million, or $0.47 per diluted share, in the second quarter of 2025.
 
As of June 30, 2026, InMode had cash and cash equivalents, marketable securities and short-term bank deposits of $501.1 million.
 
Appointed New Chief Financial Officer and New Board Director
On May 20, 2026, the Company announced the appointment of Dr. Shlomo Nass as its new Chairman of the Company’s Board of Directors, effective May 19, 2026. The Company also announced the appointment of Moshe (Moshik) Itzkovich as the Company’s new Chief Financial Officer, effective May 19, 2026, while former Chief Financial Officer Yair Malca continues to be engaged with the Company as a consultant.
2026 Financial Outlook
 
Management provided an outlook for the full fiscal year ending December 31, 2026. Based on current estimates, management expects:

●
Revenues between $365 million and $375 million
●
*Non-GAAP gross margin between 74% and 76%
●
*Non-GAAP income from operations to be between $68 million and $73 million
●
*Non-GAAP earnings per diluted share between $1.29 and $1.34
 
However, these expectations are based on management’s current estimates, which may be updated.
 
This outlook is not a guarantee of future performance, and shareholders 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, expenses related to independent transaction committee review (representing non-recurring cost) and related income tax adjustments where applicable.
 
Conference Call and Webcast Update
As previously announced, while the Company’s Special Committee continues its evaluation of unsolicited proposals, the Company will not host an investor conference call or webcast in connection with this earnings release and will not be conducting investor meetings at this time.
The Current Situation in Israel
The scope and severity of ongoing conflicts in Gaza, Northern Israel, Lebanon, Iran, and the broader region are unpredictable and could escalate at any time. 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, non-GAAP gross margin and non-GAAP income from operations. Because these measures are used in InMode’s internal analysis of financial and operating performance, management believes they provide investors with greater transparency into 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. Reconciliations of non-GAAP gross margin, non-GAAP income from operations, and non-GAAP earnings per diluted share for management’s projections of such non-GAAP financials for the 2026 fiscal year are not available without unreasonable effort due to the variability, complexity and limited visibility of certain reconciling items. These reconciling items could have a significant and unpredictable impact on our future GAAP results.
 
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 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 actual amount of share repurchases made by the Company, if any. 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 10, 2026, and our subsequent 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:
Moshik Itzkovich
Chief Financial Officer
Email: Moshik.Itzkovich@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
    
Six months ended
  
   
June 30,
    
June 30,
  
   
2026
    
2025
    
2026
    
2025
  
REVENUES
    
95,589
      
95,602
      
177,606
      
173,476
  
COST OF REVENUES
    
24,073
      
19,152
      
44,538
      
36,115
  
GROSS PROFIT
    
71,516
      
76,450
      
133,068
      
137,361
  
OPERATING EXPENSES:
                                
Research and development
    
3,656
      
3,372
      
7,198
      
6,267
  
Sales and marketing
    
50,818
      
47,474
      
93,750
      
87,201
  
General and administrative
    
4,785
      
2,723
      
9,807
      
5,394
  
TOTAL OPERATING EXPENSES
    
59,259
      
53,569
      
110,755
      
98,862
  
OPERATING INCOME
    
12,257
      
22,881
      
22,313
      
38,499
  
Finance income, net
    
7,432
      
8,062
      
11,728
      
14,921
  
INCOME BEFORE INCOME TAXES
    
19,689
      
30,943
      
34,041
      
53,420
  
INCOME TAXES
    
2,625
      
4,201
      
5,415
      
8,477
  
NET INCOME
    
17,064
      
26,742
      
28,626
      
44,943
  
 
                                
EARNINGS PER SHARE:
                                
Basic
    
0.29
      
0.42
      
0.47
      
0.68
  
Diluted
    
0.29
      
0.42
      
0.46
      
0.68
  
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING USED IN COMPUTATION OF EARNINGS PER SHARE (in thousands)
                                
Basic
    
58,903
      
63,252
      
61,140
      
65,982
  
Diluted
    
59,378
      
63,637
      
61,717
      
66,540
  

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

   
June 30,
2026
    
December 31,
2025
  
Assets
            
CURRENT ASSETS:
            
Cash and cash equivalents
    
396,173
      
302,543
  
Marketable securities
    
18,995
      
83,632
  
Short-term bank deposits
    
85,947
      
169,159
  
Accounts receivable, net of allowance for credit losses
    
44,555
      
43,504
  
Prepaid expenses and other receivables
    
32,664
      
25,733
  
Inventories
    
71,661
      
74,050
  
         TOTAL CURRENT ASSETS
    
649,995
      
698,621
  
    NON-CURRENT ASSETS:
                
Accounts receivable, net of allowance for credit losses
    
5,686
      
3,005
  
Deferred income tax assets
    
52,629
      
53,230
  
Operating lease right-of-use assets
    
8,693
      
8,274
  
Property and equipment, net
    
2,628
      
2,599
  
Other investments
    
700
      
700
  
TOTAL NON-CURRENT ASSETS
    
70,336
      
67,808
  
TOTAL ASSETS
    
720,331
      
766,429
  
Liabilities and shareholders’ equity
                
CURRENT LIABILITIES:
                
Accounts payables
    
18,792
      
17,912
  
Contract liabilities
    
15,452
      
12,093
  
Other liabilities
    
45,193
      
40,739
  
TOTAL CURRENT LIABILITIES
    
79,437
      
70,744
  
    NON-CURRENT LIABILITIES:
                
Contract liabilities
    
2,484
      
3,043
  
Other liabilities
    
4,825
      
4,436
  
Operating lease liabilities
    
4,451
      
5,008
  
TOTAL NON-CURRENT LIABILITIES
    
11,760
      
12,487
  
TOTAL LIABILITIES
    
91,197
      
83,231
  
                 
TOTAL SHAREHOLDERS’ EQUITY
    
629,134
      
683,198
  
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY
    
720,331
      
766,429
  


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,
  
   
2026
    
2025
    
2026
    
2025
  
CASH FLOWS FROM OPERATING ACTIVITIES:
                        
Net income
    
17,064
      
26,742
      
28,626
      
44,943
  
Adjustments required to reconcile net income to net cash provided by operating activities:
                                
Depreciation and amortization
    
179
      
191
      
354
      
365
  
Share-based compensation expenses
    
3,708
      
3,418
      
6,407
      
5,936
  
Change in allowance for credit losses of trade receivable
    
719
      
147
      
1,244
      
53
  
Loss on marketable securities, net
  
‐
      
5
    
‐
      
3
  
Finance expenses (income), net
    
388
      
(313
)
    
1,107
      
(1,887
)
Deferred income taxes
    
295
      
566
      
622
      
1,462
  
Changes in operating assets and liabilities:
                                
Decrease (increase) in accounts receivable (current and non-current)
    
(5,046
)
    
(3,285
)
    
(4,974
)
    
1,259
  
Decrease (increase) in other receivables
    
(1,164
)
    
1,276
      
(7,030
)
    
(2,256
)
Decrease (increase) in inventories
    
(253
)
    
(4,329
)
    
2,389
      
(8,562
)
Increase in accounts payable
    
1,939
      
2,430
      
880
      
3,700
  
Increase (decrease) in other liabilities (current and non-current)
    
4,400
      
127
      
4,012
      
(3,160
)
Increase (decrease) in contract liabilities (current and non-current)
    
(1,178
)
    
(2,903
)
    
2,800
      
(3,740
)
Net cash provided by operating activities
    
21,051
      
24,072
      
36,437
      
38,116
  
CASH FLOWS FROM INVESTING ACTIVITIES:
                                
   Investment in short-term deposits
    
(85,000
)
    
(25,000
)
    
(169,912
)
    
(25,000
)
   Proceeds from short-term deposits
    
84,912
      
55,000
      
252,570
      
86,297
  
   Purchase of fixed assets
    
(211
)
    
(219
)
    
(383
)
    
(304
)
   Purchase of marketable securities
  
‐
      
-
      
(9,727
)
    
(20,877
)
   Proceeds from sale of marketable securities
  
‐
      
-
    
‐
      
3,003
  
   Proceeds from maturity of marketable securities
    
37,983
      
41,875
      
74,239
      
104,022
  
Net cash provided by investing activities
    
37,684
      
71,656
      
146,787
      
147,141
  
CASH FLOWS FROM FINANCING ACTIVITIES:
                                
Tax withholding related to vesting of restricted share units
    
-
      
-
      
(1,802
)
    
-
  
Repurchase of ordinary shares
    
(56,511
)
    
(27,484
)
    
(87,752
)
    
(127,444
)
Exercise of options
    
19
      
505
      
636
      
999
  
Net cash used in financing activities
    
(56,492
)
    
(26,979
)
    
(88,918
)
    
(126,445
)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS
    
(365
)
    
1,540
      
(676
)
    
2,096
  
NET INCREASE IN CASH AND CASH EQUIVALENTS
    
1,878
      
70,289
      
93,630
      
60,908
  
                                 
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD
    
394,295
      
145,948
      
302,543
      
155,329
  
CASH AND CASH EQUIVALENTS AT END OF PERIOD
    
396,173
      
216,237
      
396,173
      
216,237
  


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,
  
    2026     2025     2026     2025  
Revenues by Category:
                                                
                                                 
Capital Equipment revenues - United States
    
43,084
      
45
%
    
40,653
      
42
%
    
76,753
      
43
%
    
70,195
      
40
%
Capital Equipment revenues - International
    
30,194
      
32
%
    
35,133
      
37
%
    
57,179
      
32
%
    
63,266
      
37
%
Total Capital Equipment revenues
    
73,278
      
77
%
    
75,786
      
79
%
    
133,932
      
75
%
    
133,461
      
77
%
Consumables and service revenues
    
22,311
      
23
%
    
19,816
      
21
%
    
43,674
      
25
%
    
40,015
      
23
%
Total Revenue
    
95,589
      
100
%
    
95,602
      
100
%
    
177,606
      
100
%
    
173,476
      
100
%

 
Three months ended June 30,
    
Six months ended June 30,
  
   
2026
    
2025
    
2026
    
2025
  
   
%
    
%
    
%
    
%
  
   
United States
    
International
    
Total
    
United States
    
International
    
Total
    
United States
    
International
    
Total
    
United States
    
International
    
Total
  
Revenues by Technology:
                                                                        
Minimal-Invasive
    
71
      
73
      
73
      
73
      
82
      
78
      
73
      
77
      
75
      
82
      
81
      
81
  
Hands-Free
    
1
      
2
      
1
      
4
      
2
      
3
      
1
      
1
      
1
      
3
      
2
      
3
  
Non-Invasive
    
28
      
25
      
26
      
23
      
16
      
19
      
26
      
22
      
24
      
15
      
17
      
16
  
     
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, 2026
    
Three months ended June 30, 2025
  
   
GAAP
    
Stock Based Compensation
    
Non-GAAP
    
GAAP
    
Stock Based Compensation
    
Non-GAAP
  
REVENUES
    
95,589
    
‐
      
95,589
      
95,602
    
‐
      
95,602
  
COST OF REVENUES
    
24,073
      
(302
)
    
23,771
      
19,152
      
(334
)
    
18,818
  
GROSS PROFIT
    
71,516
      
302
      
71,818
      
76,450
      
334
      
76,784
  
OPERATING EXPENSES:
                                                
Research and development
    
3,656
      
(282
)
    
3,374
      
3,372
      
(287
)
    
3,085
  
Sales and marketing
    
50,818
      
(2,525
)
    
48,293
      
47,474
      
(2,529
)
    
44,945
  
General and administrative
    
4,785
      
(599
)
    
4,186
      
2,723
      
(268
)
    
2,455
  
TOTAL OPERATING EXPENSES
    
59,259
      
(3,406
)
    
55,853
      
53,569
      
(3,084
)
    
50,485
  
OPERATING INCOME
    
12,257
      
3,708
      
15,965
      
22,881
      
3,418
      
26,299
  
Finance income, net
    
7,432
    
‐
      
7,432
      
8,062
      
-
      
8,062
  
INCOME BEFORE INCOME TAXES
    
19,689
      
3,708
      
23,397
      
30,943
      
3,418
      
34,361
  
INCOME TAXES
    
2,625
      
(40
)
    
2,585
      
4,201
      
21
      
4,222
  
NET INCOME
    
17,064
      
3,748
      
20,812
      
26,742
      
3,397
      
30,139
  
 
                                                
EARNINGS PER SHARE
                                                
Basic
    
0.29
              
0.35
      
0.42
              
0.48
  
Diluted
    
0.29
              
0.35
      
0.42
              
0.47
  
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING USED IN COMPUTATION OF NET INCOME PER SHARE (in Thousands)
                                                
Basic
    
58,903
              
58,903
      
63,252
              
63,252
  
Diluted
    
59,378
              
60,174
      
63,637
              
64,537
  


   
Six months ended June 30, 2026
  
Six months ended June 30, 2025
  
   
GAAP
  
Stock Based Compensation
  
Expenses Related to Independent Transaction Committee Review
  
Non-GAAP
  
GAAP
  
Stock Based Compensation
  
Non-GAAP
REVENUES
 
177,606
  
‐
  
‐
  
177,606
  
173,476
  
-
  
173,476
COST OF REVENUES
 
44,538
  
(616)
  
‐
  
43,922
  
36,115
  
(644)
  
35,471
GROSS PROFIT
 
133,068
  
616
  
‐
  
133,684
  
137,361
  
644
  
138,005
OPERATING EXPENSES:
 
                          
Research and development
 
7,198
  
(550)
  
‐
  
6,648
  
6,267
  
(509)
  
5,758
Sales and marketing
 
93,750
  
(4,386)
  
‐
  
89,364
  
87,201
  
(4,292)
  
82,909
General and administrative
 
9,807
  
(855)
  
(1,262)
  
7,690
  
5,394
  
(491)
  
4,903
TOTAL OPERATING EXPENSES
 
110,755
  
(5,791)
  
(1,262)
  
103,702
  
98,862
  
(5,292)
  
93,570
OPERATING INCOME
  
22,313
  
6,407
  
1,262
  
29,982
  
38,499
  
5,936
  
44,435
Finance income, net
 
11,728
  
‐
  
‐
  
11,728
  
14,921
  
-
  
14,921
INCOME BEFORE INCOME TAXES
  
34,041
  
6,407
  
1,262
  
41,710
  
53,420
  
5,936
  
59,356
INCOME TAXES
 
5,415
  
(389)
  
‐
  
5,026
  
8,477
  
(655)
  
7,822
NET INCOME
  
28,626
  
6,796
  
1,262
  
36,684
  
44,943
  
6,591
  
51,534
 
 
                          
EARNINGS PER SHARE
                            
Basic
 
0.47
          
0.60
  
0.68
      
0.78
Diluted
  
0.46
          
0.59
  
0.68
      
0.77
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING USED IN COMPUTATION OF NET INCOME PER SHARE (in Thousands)
 
                          
Basic
 
61,140
          
61,140
  
65,982
      
65,982
Diluted
 
61,717
          
62,324
  
66,540
      
67,052