INSULET CORP
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $2.7B | $2.1B | $1.7B | $1.3B | $1.1B |
| Cost of revenue | $768.2M | $625.9M | $537.2M | $499.7M | $346.7M |
| Gross profit | $1.9B | $1.4B | $1.2B | $805.6M | $752.1M |
| Selling, general & administrative | $1.2B | $917.2M | $734.8M | $587.8M | $466.0M |
| Research and development | $301.1M | $219.6M | $205.0M | $180.2M | $160.1M |
| Operating income | $473.8M | $308.9M | $220.1M | $37.6M | $126.0M |
| Interest expense | $59.4M | $42.7M | $36.2M | $36.0M | $61.7M |
| Pretax income | $339.5M | $300.2M | $214.7M | $9.8M | $20.5M |
| Income tax expense | $92.4M | -$118.1M | $8.3M | $5.2M | $3.7M |
| Net income | $247.1M | $418.3M | $206.3M | $4.6M | $16.8M |
| Balance Sheet | |||||
| Current assets | $1.9B | $1.9B | $1.6B | $1.3B | $1.3B |
| Total assets | $3.2B | $3.1B | $2.6B | $2.3B | $2.0B |
| Current liabilities | $680.1M | $528.4M | $451.2M | $364.7M | $228.8M |
| Total liabilities | $1.7B | $1.9B | $1.9B | $1.8B | $1.5B |
| Stockholders' equity | $1.5B | $1.2B | $732.7M | $476.4M | $556.3M |
| Cash Flow Statement | |||||
| Cash from operations | $569.3M | $430.2M | $145.7M | $119.0M | -$68.1M |
| Depreciation and amortization | $90.4M | $80.8M | $72.8M | $63.2M | $57.4M |
| Stock-based compensation | $62.7M | $69.3M | $48.4M | $40.9M | $34.4M |
| Capital expenditure | $191.6M | $124.9M | $75.6M | $122.9M | $111.9M |
| Free cash flow | $377.7M | $305.3M | $70.1M | -$3.9M | -$180.0M |
| Share repurchases | $59.6M | $0 | $0 | — | — |
Shares outstanding 69.3M · Free float 96.8%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.