Insulet Corporation

PODD Healthcare Medical Devices

Insulet Corporation’s revenue for fiscal 2025 (year ended December 2025) was $2.7 billion, up 30.7% from fiscal 2024. In the quarter to June 2026, revenue grew 23.5%, EPS grew 328.1%, free cash flow fell 70.5% and total debt fell 32.2%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.

141.10 2.33 +1.68%
Market cap
$9.6B
P/E
26.4×
Fwd P/E
24.7×
Dividend yield
—
F-score
6/9
Altman Z
9.09
Beneish M
−2.59
Dividend safety
n/a

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
Revenue
366.99 463.80 563.80 738.20 904.40 1,098.80 1,305.30 1,697.10 2,071.60 2,708.10
Revenue Growth
39.07% 26.38% 21.56% 30.93% 22.51% 21.49% 18.79% 30.02% 22.07% 30.73%
Cost of Revenue
155.90 186.60 193.60 257.90 322.10 346.70 499.70 537.20 625.90 768.20
Gross Profit
211.09 277.20 370.20 480.30 582.30 752.10 805.60 1,159.90 1,445.70 1,939.90
R&D Expenses
55.71 75.70 89.00 132.30 146.80 160.10 180.20 205.00 219.60 301.10
SG&A Expenses
166.08 208.90 248.00 298.00 384.00 466.00 587.80 734.80 917.20 1,165.00
Operating Income
(10.70) (7.40) 27.40 50.00 51.50 126.00 37.60 220.10 308.90 473.80
Non-operating Income/Expense
(16.11) (19.20) (22.20) (35.50) (41.80) (105.50) (27.80) (5.40) (8.70) (134.30)
Non-operating Interest Expenses
14.39 21.20 21.30 27.70 45.10 61.70 36.00 36.20 42.70 59.40
EBT
(26.82) (26.60) 5.20 14.50 9.70 20.50 9.80 214.70 300.20 339.50
Income Tax Provision
0.39 0.20 1.90 2.90 2.90 3.70 5.20 8.30 (118.10) 92.40
Income after Tax
(27.21) (26.80) 3.30 11.60 6.80 16.80 4.60 206.40 418.30 247.10
Dividends (Preferred)
— 0.00 0.00 — — — — — — —
Net Income Common
(28.88) (26.80) 3.30 11.60 6.80 16.80 4.60 206.30 418.30 247.10
EPS (Basic)
(0.50) (0.46) 0.06 0.19 0.11 0.25 0.07 2.96 5.97 3.51
EPS (Diluted)
(0.50) (0.46) 0.05 0.19 0.10 0.24 0.07 2.94 5.78 3.48
Shares (Basic, Weighted)
57.25 58.00 58.86 60.59 64.74 67.70 69.38 69.75 70.08 70.35
Shares (Diluted, Weighted)
57.25 58.00 61.01 62.30 65.95 68.58 69.91 73.63 73.89 71.89
Gross Margin
57.52% 59.77% 65.66% 65.06% 64.39% 68.45% 61.72% 68.35% 69.79% 71.63%
EBIT Margin
(2.92%) (1.60%) 4.86% 6.77% 5.69% 11.47% 2.88% 12.97% 14.91% 17.50%
EBT margin
(7.31%) (5.74%) 0.92% 1.96% 1.07% 1.87% 0.75% 12.65% 14.49% 12.54%
Net Profit Margin
(7.87%) (5.78%) 0.59% 1.57% 0.75% 1.53% 0.35% 12.16% 20.19% 9.12%
Free Cash Flow Margin
(1.69%) (7.74%) (22.44%) (9.82%) (9.12%) (17.36%) (2.93%) 2.15% 14.30% 12.92%
EBITDA
3.13 6.50 43.00 77.90 106.90 183.40 100.80 292.90 389.70 564.20
EBIT
(10.70) (7.40) 27.40 50.00 51.50 126.00 37.60 220.10 308.90 473.80
Income from Continuous Operations
(27.21) (26.80) 3.30 11.60 6.80 16.80 4.60 206.40 418.30 247.10
Income from Discontinued Operations
(1.67) — — — — — — — — —
Consolidated Net Income/Loss
(28.88) (26.80) 3.30 11.60 6.80 16.80 4.60 206.30 418.30 247.10
EPS (Basic, from Continuous Ops)
(0.48) (0.46) 0.06 0.19 0.11 0.25 0.07 2.96 5.97 3.51
EPS (Basic, from Discontinued Ops)
(0.03) — — — — — — — — —
EPS (Basic, Consolidated)
(0.50) (0.46) 0.06 0.19 0.11 0.25 0.07 2.96 5.97 3.51
EPS (Diluted, from Cont. Ops)
(0.48) (0.46) 0.05 0.19 0.10 0.25 0.07 2.80 5.66 3.44
EPS (Diluted, from Disc. Ops)
0.00 — — — — — — — — —
Shares (Diluted, Average)
57.25 58.00 61.01 62.30 65.95 68.58 69.91 73.63 73.89 71.89
EPS (Diluted, Consolidated)
(0.50) (0.46) 0.05 0.19 0.10 0.25 0.07 2.80 5.66 3.44
EBITDA Margin
0.85% 1.40% 7.63% 10.55% 11.82% 16.69% 7.72% 17.26% 18.81% 20.83%
Operating Cash Flow Margin
4.34% 8.90% 6.37% 13.33% 9.29% (6.20%) 9.12% 8.59% 20.77% 21.02%

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In millions of $ except per-share values · columns are period end dates