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YOKNEAM , Israel , July 28 , 2021 / PRNewswire / -- InMode Ltd. ( Nasdaq : ) ( " InMode " ) , a leading global provider of innovative medical technologies , today announced its consolidated financial results for the second quarter ended June 30 , 2021 . • Record quarterly revenues of $ 87.3 million , an increase of 184 % compared to the second quarter of 2020 : InMode's proprietary surgical technology platforms engaged in minimally invasive and subdermal ablative treatments represented 71 % of quarterly revenues , while 22 % came from InMode's hands - free platforms and 7 % from InMode's traditional laser and non - invasive RF platforms • • Record GAAP net income of $ 40.9 million , compared to $ 8.6 million in the second quarter of 2020 ; * non - GAAP net income of $ 43.9 million , compared to $ 10.1 million in the second quarter of 2020 Record GAAP diluted earnings per share of $ 0.95 , compared to $ 0.21 in the second quarter of 2020 ; * non - GAAP diluted earnings per share of $ 1.02 , compared to $ 0.24 in the second quarter of 2020 • Total cash position of $ 332.9 million as of June 30 , 2021 , 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 2021 Q2 2020 Revenues $ 87,325 $ 30,765 Gross Margins 85 % 85 % Net Income Attributable to InMode Ltd. $ 40,925 $ 8,588 Earnings per Diluted Share $ 0.95 $ 0.21 * Non - GAAP Results ( U.S. dollars in thousands , except for per share data ) Q2 2021 Q2 2020 Gross Margins Net Income Attributable to InMode Ltd. 86 % $ 43,873 85 % $ 10,096 Earnings per Diluted Share $ 1.02 $ 0.24 " We are happy to report another strong quarter and share the successful results of our growth strategy . We've seen advancements in key areas of our business and our minimally invasive technologies are becoming the gold standard , " said Moshe Mizrahy , CEO of InMode . " Consumable and service revenues have continued to experience high growth , increasing 22 % from last quarter . This indicates that physicians are successfully adopting our procedures as well as keep increasing the use of each InMode system , which leads to a growing contribution of consumables to our overall revenues . "