Saturday 17 October 2026
Export PODD’s income statement to Excel — free account
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%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 23.94 | 36.80 | 67.88 | 70.80 | 121.00 | 218.28 | 181.00 | 125.82 | 160.19 | 230.05 |
Analyst estimates 2026–2028 Powerpack |
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| High | 45.60 | 72.99 | 108.91 | 187.25 | 269.42 | 324.81 | 320.00 | 335.91 | 279.77 | 354.88 | |||||
| People | |||||||||||||||
| People | Employees | 640 | 857 | 1,169 | 1,350 | 1,900 | 2,300 | 2,600 | 3,000 | 3,900 | 5,400 | ||||
| Revenue/emp, $m | 0.57 | 0.54 | 0.48 | 0.55 | 0.48 | 0.48 | 0.50 | 0.57 | 0.53 | 0.50 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 367 | 464 | 564 | 738 | 904 | 1,099 | 1,305 | 1,697 | 2,072 | 2,708 | ||||
| Gross margin, % | 57.52 | 59.77 | 65.66 | 65.06 | 64.39 | 68.45 | 61.72 | 68.35 | 69.79 | 71.63 | |||||
| EBT | (27) | (27) | 5 | 15 | 10 | 21 | 10 | 215 | 300 | 340 | |||||
| EBT margin, % | (7.31) | (5.74) | 0.92 | 1.96 | 1.07 | 1.87 | 0.75 | 12.65 | 14.49 | 12.54 | |||||
| Net income | (29) | (27) | 3 | 12 | 7 | 17 | 5 | 206 | 418 | 247 | |||||
| Depreciation | 14 | 14 | 16 | 28 | 55 | 57 | 63 | 73 | 81 | 90 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 6.41 | 8.00 | 9.58 | 12.18 | 13.97 | 16.23 | 18.82 | 24.33 | 29.56 | 38.50 | ||||
| Earnings | (0.50) | (0.46) | 0.06 | 0.19 | 0.11 | 0.25 | 0.07 | 2.96 | 5.97 | 3.51 | |||||
| Cash flow | 0.28 | 0.71 | 0.61 | 1.62 | 1.30 | (1.01) | 1.72 | 2.09 | 6.14 | 8.09 | |||||
| Capex | (0.39) | (1.33) | (2.76) | (2.82) | (2.57) | (1.81) | (2.27) | (1.57) | (1.91) | (3.12) | |||||
| Free cash flow | (0.11) | (0.62) | (2.15) | (1.20) | (1.27) | (2.82) | (0.55) | 0.52 | 4.23 | 4.97 | |||||
| Book value | 1.10 | 2.73 | 3.60 | 1.25 | 9.32 | 8.22 | 6.87 | 10.50 | 17.29 | 21.54 | |||||
| Shares, m | 57 | 58 | 59 | 61 | 65 | 68 | 69 | 70 | 70 | 70 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 1,322.00 | 951.11 | 2,323.91 | 1,156.83 | 4,091.14 | 70.88 | 43.66 | 81.21 | ||||
| P/S | 5.83 | 8.63 | 8.28 | 14.05 | 18.30 | 16.39 | 15.22 | 8.59 | 8.83 | 7.38 | |||||
| P/B | 33.86 | 25.25 | 22.01 | 136.68 | 27.42 | 32.38 | 41.70 | 19.91 | 15.10 | 13.20 | |||||
| EV/Sales | 5.98 | 8.95 | 8.86 | 14.75 | 18.42 | 16.83 | 15.78 | 9.01 | 9.04 | 7.47 | |||||
| EV/FCF | (354.03) | (127.76) | (38.46) | (150.20) | (201.94) | (96.93) | (537.72) | 419.10 | 63.20 | 57.81 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 16 | 41 | 36 | 98 | 84 | (68) | 119 | 146 | 430 | 569 | ||||
| Capex | (22) | (77) | (162) | (171) | (166) | (123) | (157) | (109) | (134) | (219) | |||||
| Free cash flow | (6) | (36) | (126) | (72) | (82) | (191) | (38) | 37 | 296 | 350 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 314 | 451 | 346 | 433 | 1,041 | 1,101 | 949 | 1,132 | 1,363 | 1,234 | ||||
| Total debt | 333 | 566 | 592 | 892 | 1,059 | 1,274 | 1,402 | 1,416 | 1,380 | 949 | |||||
| Net debt | 34 | 126 | 303 | 516 | 112 | 482 | 727 | 712 | 427 | 233 | |||||
| Shareholders’ equity | 63 | 159 | 212 | 76 | 604 | 556 | 476 | 733 | 1,212 | 1,515 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | (7.89) | (4.21) | 0.38 | 1.12 | 0.45 | 0.86 | 0.21 | 8.53 | 14.74 | 7.87 | ||||
| ROIC | (6.87) | (1.62) | 3.32 | 5.28 | 4.50 | 7.58 | 1.95 | 9.52 | 11.79 | 16.94 | |||||
| ROE | (59.42) | (24.18) | 1.78 | 8.06 | 2.00 | 2.90 | 0.89 | 34.12 | 43.03 | 18.12 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Insulet Corporation vs peers in Medical Devices (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| PEN Penumbra, Inc. | $12.7B | 78.4× | 63.5× | +14.90% (above 0%: growing) | −24.79% (below 0%: shrinking) | +10.81% (above 0%: growing) | 67.93% | 10.52% | Compare |
| SNN Smith & Nephew SNATS, Inc. | $12.2B | 35.4× | 18.6× | +7.99% (above 0%: growing) | −14.23% (below 0%: shrinking) | +293.94% (above 0%: growing) | 69.42% | 0.00% | Compare |
| GMED Globus Medical, Inc. | $10.6B | 19.3× | 20.3× | +5.94% (above 0%: growing) | −25.33% (below 0%: shrinking) | +571.30% (above 0%: growing) | 69.42% | 23.10% | Compare |
| BIO.B Bio-Rad Laboratories, Inc. | $10.3B | 43.7× | — | −0.09% (below 0%: shrinking) | +19.02% (above 0%: growing) | −6.06% (below 0%: shrinking) | 53.12% | 11.15% | Compare |
| GKOS Glaukos Corporation | $9.8B | — (loss-making) | — (loss-making) | +49.54% (above 0%: growing) | n/m | +211.83% (above 0%: growing) | 81.67% | (9.30%) | Compare |
| BIO Bio-Rad Laboratories, Inc. | $9.8B | 42.5× | 35.4× | −0.09% (below 0%: shrinking) | +19.02% (above 0%: growing) | −6.06% (below 0%: shrinking) | 53.12% | 11.15% | Compare |
| PODD Insulet Corporation | $9.6B | 26.4× | 24.7× | +23.51% (above 0%: growing) | +328.13% (above 0%: growing) | −70.51% (below 0%: shrinking) | 70.18% | 16.18% | |
| BRKR Bruker Corporation | $8.6B | — (loss-making) | 55.7× | +5.15% (above 0%: growing) | n/m | +28.63% (above 0%: growing) | 49.61% | (7.79%) | Compare |
| HAE Haemonetics Corporation | $5.5B | 57.7× | 18.0× | +5.60% (above 0%: growing) | +2.86% (above 0%: growing) | +220.38% (above 0%: growing) | 59.76% | 16.93% | Compare |
| Median of peers | $10.0B | 43.1× | 27.9× | +5.77% | −5.69% | +120.23% | 63.85% | 10.84% |
PODD metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
Insulet Corporation (PODD) key facts
- Concern: Net income was $247.1 million, or $3.51 per share (basic), a net margin of 9.12%.
- Strength: Insulet Corporation’s revenue for fiscal 2025 (year ended December 2025) was $2.7 billion, up 30.7% from fiscal 2024.
- Insulet Corporation (PODD) is a Medical Devices company in the Healthcare sector, listed on Nasdaq.
- As of October 16, 2026, PODD traded at $141.10, a market capitalization of $9.6 billion.
- At that price the stock trades at 26.4× trailing-twelve-month earnings and 3.2× sales; its P/E is higher than 2% of its own readings over the past ten years.
- Return on equity was 18.1% and debt-to-equity 0.67.
- Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 9.09 (safe zone) for fiscal 2025.