PODD FY 2024 Earnings Report — Insulet Corporation Revenue & Financial Results | Market Cap Arena

Insulet CorporationPODD

FY 2024 Earnings

Reported February 20, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$2.1B	—	$1.7B	—	22.1%
Op. Income	$309M	—	$220M	—	40.4%
Gross Margin	69.8%	—	68.3%	—	1.4pp
Net Margin	20.2%	—	12.2%	—	8.0pp
EPS (Diluted)	$5.78	—	$2.94	—	96.6%
Free Cash Flow	$305M	—	$70M	—	335.7%

Revenue Flow

Item	Amount
REVENUE	$2.1B
Cost of Revenue	$626M
GROSS PROFIT	$1.4B
R&D Expenses	$220M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$917M
Other Expenses	$0
Operating Expenses	$1.1B
Cost & Expenses	$1.8B
OPERATING INCOME	$309M
Interest Income	$40M
Interest Expense	$43M
Other Income/Expenses	-$9M
INCOME BEFORE TAX	$300M
Income Tax Expense	-$118M
Net Income from Continuing Ops	$418M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$418M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$418M
D&A	$81M
EBIT	$343M
EBITDA	$424M
EPS	$6
EPS Diluted	$6

Income Statement

Item	Amount
REVENUE	$2.1B
Cost of Revenue	$626M
GROSS PROFIT	$1.4B
R&D Expenses	$220M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$917M
Other Expenses	$0
Operating Expenses	$1.1B
Cost & Expenses	$1.8B
OPERATING INCOME	$309M
Interest Income	$40M
Interest Expense	$43M
Other Income/Expenses	-$9M
INCOME BEFORE TAX	$300M
Income Tax Expense	-$118M
Net Income from Continuing Ops	$418M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$418M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$418M
D&A	$81M
EBIT	$343M
EBITDA	$424M
EPS	$6
EPS Diluted	$6

Cash Flow Statement

Item	Amount
Net Income	$418M
Depreciation & Amortization	$81M
Stock-Based Compensation	$69M
Deferred Income Tax	-$137M
Other Non-Cash Items	$16M
Change in Working Capital	-$17M
OPERATING CASH FLOW	$430M
Capital Expenditure	-$125M
Acquisitions (Net)	$0
Purchases of Investments	-$12M
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$146M
Net Debt Issuance	-$41M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$8M
NET CASH FROM FINANCING	-$28M
FREE CASH FLOW	$305M
Net Change in Cash	$249M

Balance Sheet

Item	Amount
Cash & Equivalents	$953M
Short-Term Investments	$0
Net Receivables	$366M
Inventory	$430M
Other Current Assets	$122M
TOTAL CURRENT ASSETS	$1.9B
PP&E (Net)	$760M
Goodwill	$52M
Intangible Assets	$99M
Long-Term Investments	$6M
Tax Assets	$142M
Other Non-Current Assets	$159M
TOTAL NON-CURRENT ASSETS	$1.2B
TOTAL ASSETS	$3.1B
Account Payables	$20M
Short-Term Debt	$86M
Deferred Revenue	$12M
Other Current Liabilities	$268M
TOTAL CURRENT LIABILITIES	$528M
Long-Term Debt	$1.3B
Deferred Revenue NC	$2M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$10M
TOTAL NON-CURRENT LIABILITIES	$1.3B
TOTAL LIABILITIES	$1.9B
Common Stock	$100.0K
Additional Paid-In Capital	$1.2B
Retained Earnings	$40M
Treasury Stock	$0
Accum. Other Comp. Income	-$13M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.2B
Minority Interest	$0
TOTAL EQUITY	$1.2B
TOTAL LIABILITIES & EQUITY	$3.1B
Total Debt	$1.4B
Net Debt	$469M