Insulet Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,708	2,072	1,697	1,305	1,099
Revenue Growth (YoY)	30.73%	22.07%	30.02%	18.79%	21.50%
Cost of Revenue	768.2	625.9	537.2	499.7	346.7
Gross Profit	1,940	1,446	1,160	805.6	752.1
Selling, General & Admin	1,165	917.2	734.8	567.8	466
Research & Development	301.1	219.6	205	180.2	160.1
Operating Expenses	1,466	1,137	939.8	748	626.1
Operating Income	473.8	308.9	220.1	57.6	126
Interest Expense	-59.4	-42.7	-36.2	-36	-61.7
Interest & Investment Income	34.7	39.5	28.6	9.3	0.5
Currency Exchange Gain (Loss)	1.8	-2.3	-	-1.3	-2
Other Non Operating Income (Expenses)	15.3	0.6	2.1	0.2	0.1
EBT Excluding Unusual Items	466.2	304	214.6	29.8	62.9
Gain (Loss) on Sale of Investments	-2.8	-3.8	-	-	-
Legal Settlements	-	-	-	-20	-
Other Unusual Items	-123.9	-	-	-	-42.4
Pretax Income	339.5	300.2	214.6	9.8	20.5
Income Tax Expense	92.4	-118.1	8.3	5.2	3.7
Earnings From Continuing Operations	247.1	418.3	206.3	4.6	16.8
Net Income	247.1	418.3	206.3	4.6	16.8
Net Income to Common	247.1	418.3	206.3	4.6	16.8
Net Income Growth	-40.93%	102.76%	4384.78%	-72.62%	147.06%
Shares Outstanding (Basic)	70	70	70	69	68
Shares Outstanding (Diluted)	72	74	74	70	69
Shares Change (YoY)	-2.71%	0.35%	5.33%	1.94%	3.99%
EPS (Basic)	3.51	5.97	2.96	0.07	0.25
EPS (Diluted)	3.48	5.78	2.94	0.07	0.24
EPS Growth	-39.85%	96.55%	4338.47%	-72.37%	140.00%
Free Cash Flow	377.7	305.3	70.1	-3.9	-180
Free Cash Flow Per Share	5.25	4.13	0.95	-0.06	-2.63
Gross Margin	71.63%	69.79%	68.35%	61.72%	68.45%
Operating Margin	17.50%	14.91%	12.97%	4.41%	11.47%
Profit Margin	9.12%	20.19%	12.16%	0.35%	1.53%
Free Cash Flow Margin	13.95%	14.74%	4.13%	-0.30%	-16.38%
EBITDA	564.2	389.7	292.9	120.8	183.4
EBITDA Margin	20.83%	18.81%	17.26%	9.25%	16.69%
D&A For EBITDA	90.4	80.8	72.8	63.2	57.4
EBIT	473.8	308.9	220.1	57.6	126
EBIT Margin	17.50%	14.91%	12.97%	4.41%	11.47%
Effective Tax Rate	27.22%	-	3.87%	53.06%	18.05%
Revenue as Reported	2,708	2,072	1,697	1,305	1,099
Advertising Expenses	121.3	84.3	63.1	41.2	44.1

Source: S&P Global Market Intelligence. Standard template. Financial Sources.