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Insulet

PODD

Insulet Corporation is a medical device company specializing in the development and commercialization of the Omnipod platform, a proprietary tubeless insulin delivery system.

Market cap
$11.43B-45.6%
Revenue$2.9B+31.9%
Net income$302.8M-24.7%
Free cash flow$415.7M+42.7%
EPS (diluted)$4.29-22.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$787.4M
EPS estimate$1.45

Financials

Q1 2026

Income statement

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Revenue$761.7M+33.9%
Gross profit$529.0M+29.3%
Operating income$122.1M+37.5%
Net income$91.1M+157%
EPS (diluted)$1.30+160%

Balance sheet

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Cash & equivalents$480.4M-62.6%
Total debt$969.7M-45.5%
Total equity$1.3B-2.1%
Total assets$3.0B-15.1%

Cash flow

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Operating cash flow$113.8M+78.4%
CapEx$24.3M+97.6%
Free cash flow$89.5M+73.8%

Valuation & ratios

Valuation

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Market cap$11.43B-45.6%
Enterprise value$11.92B-44.1%
P/E37.7×-49.4×
P/S3.9×-4.8×

Profitability

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Gross margin71%+0.6pp
Operating margin17.5%+2.0pp
Net margin10.4%-7.9pp
FCF margin14.3%+1.1pp

Returns & leverage

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Return on equity23%-14.9pp
Debt / equity0.7×-0.6×
Current ratio2.5×-2.0×

Segments

By product

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Total Omnipod products$758.4M+36.9%
International$242.9M+59.5%
Drug Delivery$3.3M-77.9%

Competitors

Profile

Insulet Corporation is a medical device company specializing in the development and commercialization of the Omnipod platform, a proprietary tubeless insulin delivery system. The company's core value proposition is simplifying life for people with insulin-dependent diabetes through automated, wearable technology that eliminates the need for traditional insulin pumps with tubing or multiple daily injections. Beyond diabetes care, the company leverages its pod technology for the delivery of other non-insulin subcutaneous drugs.

Competitive position

A leading provider of tubeless insulin pump technology with a strong focus on automated insulin delivery and pharmacy-channel distribution.

GeographiesUnited States, Europe, Australia, Canada, Middle East
Customer segmentsPatients, Healthcare Systems, Wholesalers, Pharmaceutical Manufacturers
Business modelRazor-razorblade model, Direct-to-consumer, B2B distribution
SuppliersApplication-specific integrated circuit (ASIC) suppliers, Bluetooth low-energy chip manufacturers, Contract manufacturers, Raw material suppliers
CustomersWholesale distributors, Retail pharmacies, Hospitals and healthcare organizations, Direct-to-consumer patients
Listed2007
Employees3.0K
CEOAshley McEvoy
FilingsSEC EDGAR

Questions, answered.

What is Insulet's market cap?
Insulet (PODD) has a market capitalization of $11.4B and trades on NASDAQ.
What is Insulet's revenue and profitability?
Insulet generated $2.9B in trailing twelve-month revenue with net income of $302.8M, representing a net margin of 10.4%. Gross margin stands at 71.0%, with free cash flow of $415.7M. These figures are based on the Q1 2026 filing.
Who are Insulet's competitors?
Insulet's key competitors include Tandem Diabetes Care, Inc., Embecta Corp., Medtronic plc, and others. These companies compete in similar markets and product categories.
Who does Insulet partner with?
Insulet's notable partners include Amgen, Dexcom, Inc., Abbott Diabetes Care, Inc., and others.
Where is Insulet headquartered?
Insulet is headquartered in United States of America and employs approximately 3,000 people. It has been publicly traded since 2007.