InMode Reports Third Quarter 2025 Financial Results: Quarterly Revenue of $93.2 Million, 78% Gross Margins

InMode Ltd. (NASDAQ: INMD) (“InMode”), a leading global provider of innovative medical technologies, today announced its consolidated financial results for the third quarter ended September 30, 2025.

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Third Quarter 2025 Highlights:

— Quarterly GAAP revenues of $93.2 million, compared to $130.2 million in the third quarter of 2024, which included $31.9 million of pre-order sales.

— Quarterly revenues from consumables and service of $19.9 million, an increase of 26% compared to the third quarter of 2024.

— GAAP operating income of $20.9 million. *Non-GAAP operating income was $23.6 million.

— Total cash position of $532.3 million as of September 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) Q3 2025 Q3 2024Revenues $93,165 $130,232 (including $31.9M of pre-order sales)Gross Margins 78% 82%Net Income $21,863 $50,990Earnings per Diluted Share $0.34 $0.65*Non-GAAP Results(U.S. dollars in thousands, except for per share data) Q3 2025 Q3 2024Gross Margins 78% 82%Net Income $24,532 $54,971Earnings per Diluted Share $0.38 $0.70*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 Incomeis 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 third quarter progressed in line with our expectations, even as broader economic conditions continued to present challenges,” said Moshe Mizrahy, Chief Executive Officer of InMode. “Consumer sentiment remains cautious, and global uncertainties persist. Nonetheless, our team remains focused, executing with discipline and investing in the strategic areas that will fuel our long-term trajectory.

“On the corporate front, we are excited to welcome Michael Dennison as our new President of North America. Michael has been with InMode since 2018 and his proven leadership and industry expertise will be instrumental in advancing our regional strategy, deepening customer engagement, and supporting InMode's sustainable growth,” Mizrahy concluded.

Yair Malca, Chief Financial Officer of InMode, added, “Gross margins in the third quarter were in line with expectations and reflected our proactive planning around tariff impacts.”

Third Quarter 2025 Financial Results

Total revenues for the third quarter of 2025 were $93.2 million. In the third quarter of 2024, revenues were $130.2 million (including $31.9 million in revenue from first half of 2024 pre-orders).

GAAP and a *non-GAAP gross margin for the third quarter was 78%, compared to a gross margin of 82%for the third quarterof 2024.

GAAP operating margin for the third quarter of 2025 was 22%, compared to 37% in the third quarter of 2024. *Non-GAAP operating margin for the third quarter of 2025 was 25%, compared to 40% for the third quarter of 2024.

GAAP operating margin for the nine months ended September 30, 2025, was 22% compared to 29% for the same period in 2024. *Non-GAAP operating margin for the nine months ended September 30, 2025, was 26% compared to 33% for the same period in 2024. The decline in operating margins across both the quarterly and year-to-date periods primarily reflects lower sales in the U.S., which is the company's most profitable region.

InMode reported GAAP net income of $21.9million, or $0.34 per diluted share, in the third quarter of 2025, compared to $51.0 million, or $0.65 per diluted share, in the third quarter of 2024. On a *non-GAAP basis, InMode reported net income of $24.5 million, or $0.38 per diluted share, in the third quarter of 2025, compared to $55.0 million, or $0.70 per diluted share, in the third quarter of 2024.

As of September 30, 2025, InMode had cash and cash equivalents, marketable securities and short-term bank deposits of $532.3 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 remain the same as in previous guidance between $365 million to $375 million

— *Non-GAAP gross margin remains the same as in previous guidance between 78% and 80%

— *Non-GAAP income from operations remains the same as in previous guidance to be between $93 million and $98 million

— *Non-GAAP earnings per diluted share remain the same as in previous guidance between $1.55 to $1.59

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 andrelated taxadjustments.

The Current Situation in Israel

Regarding the current situation in Israel, on October 10, 2025, a newcease-fire agreement between Hamas and Israel began, and the hostilities have formally paused after two years of conflicts. The scope and severity of ongoing conflicts in Gaza, Northern Israel, Lebanon, Iran, and the broader region are unpredictable and could escalate 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. 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,November5, 2025, at8:30 a.m. Eastern Time to discuss the third quarter 2025 financial results.

The Company encourages participants to pre-register for the conference call using the following link:

https://dpregister.com/sreg/10202681/ffd9babcf8.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=JfIdKlTZ 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://inmodeinvestors.com/events-presentations/. A replay of the conference call will be available fromNovember 5, 2025,at12 p.m. Eastern TimetoNovember 19, 2025,at11:59 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: 2676014

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 athttps://inmodeinvestors.com/events-presentations/.

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 Nine months ended September 30, September 30, 2025 2024 2025 2024REVENUES 93,165 130,232 266,641 296,965COST OF REVENUES 20,856 24,055 56,971 57,536GROSS PROFIT 72,309 106,177 209,670 239,429OPERATING EXPENSES:Research and development 3,543 3,254 9,810 10,470Sales and marketing 44,970 51,863 132,171 136,713General and administrative 2,899 2,799 8,293 7,579TOTAL OPERATING EXPENSES 51,412 57,916 150,274 154,762OPERATIONS INCOME 20,897 48,261 59,396 84,667Finance income, net 4,721 9,918 19,642 26,592INCOME BEFORE INCOME TAXES 25,618 58,179 79,038 111,259INCOME TAXES 3,755 7,189 12,232 12,755NET INCOME 21,863 50,990 66,806 98,504EARNINGS PER SHARE:Basic 0.35 0.66 1.03 1.20Diluted 0.34 0.65 1.02 1.19WEIGHTED AVERAGE NUMBER OF SHARESOUTSTANDING USED IN COMPUTATION OFEARNINGS PER SHARE (in thousands)Basic 63,291 77,022 65,072 81,795Diluted 63,868 77,908 65,727 83,016INMODE LTD.CONDENSED CONSOLIDATED BALANCE SHEETS(U.S. dollars in thousands, except for per share data)(Unaudited) September 30, December 31, 2025 2024AssetsCURRENT ASSETS:Cash and cash equivalents 252,437 155,329Marketable securities 121,518 267,688Short-term bank deposits 158,353 173,455Accounts receivable, net of allowance for credit losses 38,095 36,335Prepaid expense and other receivables 24,485 22,097Inventories 71,403 59,548TOTAL CURRENT ASSETS 666,291 714,452NON-CURRENT ASSETS:Accounts receivable, net of allowance for credit losses 2,350 3,176Deferred income tax asset 54,104 56,285Operating lease right-of-use assets 8,922 8,732Property and equipment, net 2,238 2,322Other investments 700 700TOTAL NON-CURRENT ASSETS 68,314 71,215TOTAL ASSETS 734,605 785,667Liabilities and shareholders' equityCURRENT LIABILITIES:Accounts payable 16,723 13,782Contract liabilities 15,099 16,755Other liabilities 36,508 39,314TOTAL CURRENT LIABILITIES 68,330 69,851NON-CURRENT LIABILITIES:Contract liabilities 3,126 3,336Other liabilities 4,171 3,356Operating lease liabilities 5,593 5,311TOTAL NON-CURRENT LIABILITIES 12,890 12,003TOTAL LIABILITIES 81,220 81,854TOTAL SHAREHOLDERS' EQUITY 653,385 703,813TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 734,605 785,667INMODE LTD.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(U.S. dollars in thousands, except for per share data)(Unaudited) Three months ended Nine months ended September 30, September 30, 2025 2024 2025 2024CASH FLOWS FROM OPERATING ACTIVITIES:Net income 21,863 50,990 66,806 98,504Adjustments required to reconcile net income to net cash provided by operating activities:Depreciation and amortization 156 138 521 480Share-based compensation expenses 2,696 3,981 8,632 13,122Change in allowance for credit losses of trade receivable 106 130 159 414Loss on marketable securities, net 11 29 14 170Finance expenses (income), net 3,147 3,863 1,260 (5,934)Deferred income taxes 602 35 2,064 (58)Changes in operating assets and liabilities:Decrease (increase) in accounts receivable (2,353) (2,570) (1,094) 1,924Increase in other receivables (147) (860) (2,403) (7,577)Increase in inventories (3,293) (5,657) (11,855) (13,189)Increase (decrease) in accounts payable (759) (1,235) 2,941 347Increase (decrease) in other liabilities 564 11,722 (2,596) 6,160Increase (decrease) in contract liabilities (current and non-current) 1,874 (26,517) (1,866) 5,859Net cash provided by operating activities 24,467 34,049 62,583 100,222CASH FLOWS FROM INVESTING ACTIVITIES:Investment in short-term deposits (153,904) (78,390) (178,904) (164,687)Proceeds from short-term deposits 103,390 138,140 189,687 151,640Purchase of fixed assets (134) (77) (438) (435)Purchase of marketable securities – (90,820) (20,877) (276,513)Proceeds from sale of marketable securities 14,211 22,233 17,214 69,608Proceeds from maturity of marketable securities 48,105 122,969 152,127 304,777Net cash provided by investing activities 11,668 114,055 158,809 84,390CASH FLOWS FROM FINANCING ACTIVITIES:Repurchase of ordinary shares – (76,556) (127,444) (165,536)Exercise of options 249 565 1,248 1,194Net cash provided by (used in) financing activities 249 (75,991) (126,196) (164,342)EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (184) 728 1,912 157NET INCREASE IN CASH AND CASH EQUIVALENTS 36,200 72,841 97,108 20,427CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 216,237 91,997 155,329 144,411CASH AND CASH EQUIVALENTS AT END OF PERIOD 252,437 164,838 252,437 164,838INMODE LTD.CONDENSED CONSOLIDATED FINANCIAL HIGHLIGHTS(U.S. dollars in thousands, except for per share data)(Unaudited) Three months ended September 30, Nine months ended September 30, 2025 2024 2025 2024Revenues by Category:Capital Equipment revenues – United States 45,203 49% 85,734 66% 1,15,398 44% 1,51,392 51%Capital Equipment revenues – International 28,063 30% 28,662 22% 91,329 34% 86,191 29%Total Capital Equipment revenues 73,266 79% 1,14,396 88% 2,06,727 78% 2,37,583 80%Consumables and service revenues 19,899 21% 15,836 12% 59,914 22% 59,382 20%Total Revenue 93,165 100% 1,30,232 100% 2,66,641 100% 2,96,965 100% Three months ended September 30, Nine months ended September 30, 2025 2024 2025 2024 % % % % United International Total United International Total United International Total United International Total States States States StatesRevenues by Technology:Minimal-Invasive 75 76 75 95 77 90 79 79 80 90 82 88Hands-Free 2 1 2 4 3 4 3 2 2 7 3 5Non-Invasive 23 23 23 1 20 6 18 19 18 3 15 7 100 100 100 100 100 100 100 100 100 100 100 100INMODE LTD.RECONCILIATION OF GAAP CONDENSED CONSOLIDATED STATEMENTS OFINCOME TO NON-GAAP CONDENSED CONSOLIDATED STATEMENTS OF INCOME(U.S. dollars in thousands, except for per share data)(Unaudited) Three months ended September 30, 2025 Three months ended September 30, 2024 GAAP Share Based Non-GAAP GAAP Share Based Non-GAAP Compensation CompensationREVENUES 93,165 – 93,165 130,232 – 130,232COST OF REVENUES 20,856 (343) 20,513 24,055 (481) 23,574GROSS PROFIT 72,309 343 72,652 106,177 481 106,658OPERATING EXPENSES:Research and development 3,543 (274) 3,269 3,254 (890) 2,364Sales and marketing 44,970 (1,804) 43,166 51,863 (2,300) 49,563General and administrative 2,899 (275) 2,624 2,799 (310) 2,489TOTAL OPERATING 51,412 (2,353) 49,059 57,916 (3,500) 54,416EXPENSESOPERATIONS INCOME 20,897 2,696 23,593 48,261 3,981 52,242Finance income, net 4,721 – 4,721 9,918 – 9,918INCOME BEFORE INCOME TAXES 25,618 2,696 28,314 58,179 3,981 62,160INCOME TAXES 3,755 27 3,782 7,189 – 7,189NET INCOME 21,863 2,669 24,532 50,990 3,981 54,971EARNINGS PER SHARE:Basic 0.35 0.39 0.66 0.71Diluted 0.34 0.38 0.65 0.70WEIGHTED AVERAGE NUMBER OFSHARES OUTSTANDING USED INCOMPUTATION OF EARNINGS PERSHARE (in thousands)Basic 63,291 63,291 77,022 77,022Diluted 63,868 64,531 77,908 78,548 Nine months ended September 30, 2025 Nine months ended September 30, 2024 GAAP Share Based Non-GAAP GAAP Share Based Non-GAAP Compensation CompensationREVENUES 266,641 – 266,641 296,965 – 296,965COST OF REVENUES 56,971 (987) 55,984 57,536 (1,361) 56,175GROSS PROFIT 209,670 987 210,657 239,429 1,361 240,790OPERATING EXPENSES:Research and development 9,810 (783) 9,027 10,470 (1,877) 8,593Sales and marketing 132,171 (6,096) 126,075 136,713 (9,007) 127,706General and administrative 8,293 (766) 7,527 7,579 (877) 6,702TOTAL OPERATING 150,274 (7,645) 142,629 154,762 (11,761) 143,001EXPENSESOPERATIONS INCOME 59,396 8,632 68,028 84,667 13,122 97,789Finance income, net 19,642 – 19,642 26,592 – 26,592INCOME BEFORE INCOME 79,038 8,632 87,670 111,259 13,122 124,381TAXESINCOME TAXES 12,232 (628) 11,604 12,755 – 12,755NET INCOME 66,806 9,260 76,066 98,504 13,122 111,626EARNINGS PERSHARE:Basic 1.03 1.17 1.20 1.36Diluted 1.02 1.15 1.19 1.34WEIGHTED AVERAGENUMBER OF SHARESOUTSTANDING USED INCOMPUTATION OFEARNINGS PER SHARE (inthousands)Basic 65,072 65,072 81,795 81,795Diluted 65,727 66,199 83,016 83,536

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