PODD · XBRL financial data
Insulet financial statements, every fiscal year
The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (PODD's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 904 | 1,099 | 1,305 | 1,697 | 2,072 | 2,708 |
| Revenue from contracts with customers | 904 | 1,099 | 1,055 | — | — | — |
| Cost of goods and services sold | 322 | 347 | 500 | 537 | 626 | 768 |
| Gross profit | 582 | 752 | 806 | 1,160 | 1,446 | 1,940 |
| Research and development | 147 | 160 | 180 | 205 | 220 | 301 |
| Selling, general and administrative | 384 | 466 | 588 | 735 | 917 | 1,165 |
| Operating income (loss) | 52 | 126 | 38 | 220 | 309 | 474 |
| Interest income | — | 1 | 9 | 29 | 40 | 35 |
| Interest expense | 48 | 62 | 37 | 36 | 43 | 59 |
| Other income (expense) | 3 | (2) | (1) | 2 | (6) | 14 |
| Income tax expense (benefit) | 3 | 4 | 5 | 8 | (118) | 92 |
| Net income (loss) | 7 | 17 | 5 | 206 | 418 | 247 |
| Earnings per share, basic USD per share | 0.11 | 0.25 | 0.07 | 2.96 | 5.97 | 3.51 |
| Earnings per share, diluted USD per share | 0.10 | 0.24 | 0.07 | 2.94 | 5.78 | 3.48 |
| Weighted average shares, basic millions of shares | 65 | 68 | 69 | 70 | 70 | 70 |
| Weighted average shares, diluted millions of shares | 66 | 69 | 70 | 74 | 74 | 72 |
Balance sheet
CSVFiscal years (PODD's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 907 | 806 | 690 | 704 | 953 | 716 |
| Marketable securities | 40 | 0 | — | — | — | — |
| Accounts receivable | 84 | 161 | 141 | — | — | 517 |
| Inventory | 154 | 303 | 347 | 403 | 430 | 453 |
| Prepaid and other current assets | 63 | 74 | 87 | 116 | 142 | 228 |
| Total current assets | 1,249 | 1,330 | 1,314 | 1,583 | 1,891 | 1,914 |
| Property and equipment, net | 479 | 537 | 600 | — | — | — |
| Right-of-use asset | 15 | 10 | 26 | 28 | 37 | 44 |
| Goodwill | 40 | 40 | 52 | 52 | 52 | 52 |
| Total assets | 1,873 | 2,049 | 2,251 | 2,588 | 3,088 | 3,190 |
| Accounts payable | 54 | 38 | 31 | 19 | 20 | 75 |
| Accrued liabilities | 138 | 166 | 301 | — | — | 587 |
| Current portion of long-term debt | 16 | 25 | 28 | 49 | 84 | 18 |
| Total current liabilities | 208 | 229 | 365 | 451 | 528 | 680 |
| Long-term debt | 1,044 | 1,249 | 1,374 | — | — | — |
| Lease liability, non-current | 12 | 8 | 27 | 30 | 40 | 49 |
| Total liabilities | 1,269 | 1,493 | 1,775 | 1,856 | 1,876 | 1,675 |
| Retained earnings (accumulated deficit) | (666) | (650) | (584) | (378) | 40 | 287 |
| Total stockholders' equity | 604 | 556 | 476 | 733 | 1,212 | 1,515 |
| Total liabilities and equity | 1,873 | 2,049 | 2,251 | 2,588 | 3,088 | 3,190 |
| Common shares outstanding (cover page) millions of shares | 66 | 69 | 70 | 70 | 70 | 70 |
Cash flows
CSVFiscal years (PODD's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 7 | 17 | 5 | 206 | 418 | 247 |
| Stock-based compensation | 36 | 34 | 41 | 48 | 69 | 63 |
| Depreciation and amortization | 55 | 57 | 63 | 73 | 81 | 90 |
| Net cash from operating activities | 84 | (68) | 119 | 146 | 430 | 569 |
| Purchases of property and equipment | 129 | 112 | 123 | 76 | 125 | 192 |
| Net cash from investing activities | 14 | (83) | (191) | (119) | (146) | (223) |
| Proceeds from issuing common stock | 478 | 0 | 0 | — | — | — |
| Share repurchases | — | — | — | 0 | 0 | 60 |
| Net cash from financing activities | 606 | 41 | (40) | (14) | (28) | (595) |
| Net change in cash | 708 | (116) | (117) | 15 | 249 | (237) |
Compare with peers
SIC 3841 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3841 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Insulet | 535 | 802 | 88* | 69.4M | — | 10-QJun 30, 2026 |
| MiniMed Group | 207 | 843 | (49) | 281.3M | 2.3 quarters | 10-QJul 31, 2026 |
| STERIS | 482 | 1,493 | 367 | 97.5M | — | 10-QJun 30, 2026 |
| Zimmer Biomet Holdings | 410 | 2,177 | 448* | 190.7M | — | 10-QJun 30, 2026 |
| Baxter International | 1,975 | 2,976 | 558* | 517.3M | — | 10-QSep 30, 2026 |
| West Pharmaceutical Services | 464 | 875 | 190* | 69.7M | — | 10-QSep 30, 2026 |
| GE HealthCare Technologies | 2,826 | 5,513 | 907* | 452.1M | — | 10-QSep 30, 2026 |
| Dexcom | 961 | 1,345 | 326* | 373.0M | — | 10-QSep 30, 2026 |
| Resmed | 1,011 | 1,415 | 422 | 140.7M | — | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.