Insulet Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	2,901	2,708	2,072	1,697	1,305	1,099
Revenue Growth (YoY)	31.92%	30.73%	22.07%	30.02%	18.79%	21.50%
Cost of Revenue	841	768.2	625.9	537.2	499.7	346.7
Gross Profit	2,060	1,940	1,446	1,160	805.6	752.1
Selling, General & Admin	1,222	1,165	917.2	734.8	587.8	466
Research & Development	331.2	301.1	219.6	205	180.2	160.1
Total Operating Expenses	1,553	1,466	1,137	939.8	768	626.1
Operating Income	507.2	473.8	308.9	220.1	37.6	126
Interest Income	29.3	34.7	39.5	28.6	9.3	0.5
Interest Expense	-59.1	-59.4	-42.7	-36.2	-36	-61.7
Other Non-Operating Income (Expense)	-67.2	-109.6	-5.5	2.2	-1.1	-44.3
Total Non-Operating Income (Expense)	-87.8	-134.3	-8.7	-5.4	-27.8	-105.5
Pretax Income	404.4	339.5	300.2	214.7	9.8	20.5
Provision for Income Taxes	-101.5	-92.4	118.1	-8.3	-5.2	-3.7
Net Income	302.8	247.1	418.3	206.3	4.6	16.8
Net Income to Common	302.8	247.1	418.3	206.3	4.6	16.8
Net Income Growth	-24.71%	-40.93%	102.76%	4384.78%	-72.62%	147.06%
Shares Outstanding (Basic)	70	70	70	70	69	68
Shares Outstanding (Diluted)	71	72	74	74	70	69
Shares Change (YoY)	-4.65%	-2.71%	0.35%	5.33%	1.94%	3.99%
EPS (Basic)	4.30	3.51	5.97	2.96	0.07	0.25
EPS (Diluted)	4.30	3.48	5.78	2.94	0.07	0.24
EPS Growth	-22.66%	-39.79%	96.60%	4100.00%	-70.83%	140.00%
Shares Outstanding	69.26	70.39	70.2	69.91	69.51	69.18
Free Cash Flow	415.7	377.7	305.3	70.1	-3.9	-180
Free Cash Flow Growth	10.06%	23.71%	335.52%	-	-	-
Free Cash Flow Per Share	5.89	5.25	4.13	0.95	-0.06	-2.62
Gross Margin	71.01%	71.63%	69.79%	68.35%	61.72%	68.45%
Operating Margin	17.48%	17.50%	14.91%	12.97%	2.88%	11.47%
Profit Margin	10.44%	9.12%	20.19%	12.16%	0.35%	1.53%
FCF Margin	14.33%	13.95%	14.74%	4.13%	-0.30%	-16.38%
EBITDA	602.1	564.2	389.7	292.9	100.8	183.4
EBITDA Margin	20.76%	20.83%	18.81%	17.26%	7.72%	16.69%
EBIT	507.2	473.8	308.9	220.1	37.6	126
EBIT Margin	17.48%	17.50%	14.91%	12.97%	2.88%	11.47%
Effective Tax Rate	-25.10%	-27.22%	39.34%	-3.87%	-53.06%	-18.05%

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q