InMode Ltd. has released its financial results for the second quarter of 2025, reporting a GAAP net income of $26.7 million, or $0.42 per diluted share, an increase from $23.8 million, or $0.28 per diluted share, in the same quarter of 2024. On a non-GAAP basis, the net income was $30.1 million, or $0.47 per diluted share, compared to $29.0 million, or $0.34 per diluted share, in the previous year. The GAAP operating margin for the second quarter of 2025 was 24%, up from 21% in 2024, while the non-GAAP operating margin rose to 28% from 27% in the second quarter of the prior year. The GAAP gross margin remained steady at 80%, consistent with the second quarter of 2024, although non-GAAP gross margin showed a slight decrease from 81% last year to 80%. Chief Executive Officer Moshe Mizrahy noted that while broader economic challenges in the U.S. affected overall performance, international sales, particularly in Europe, reached a record high in the second quarter. The company reported cash and cash equivalents, marketable securities, and short-term bank deposits totaling $510.7 million as of June 30, 2025.
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