INSULET CORP
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
PODD$148.06-1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Income (Unaudited) for the
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| (in millions, except share and per share data) | 2024 | 2023 | 2024 | 2023 |
| Revenue | $372.6 | $320.7 | $1,043.7 | $869.3 |
| Revenue from related party | 171.3 | 112.0 | 430.4 | 318.0 |
| Total revenue | 543.9 | 432.7 | 1,474.1 | 1,187.3 |
| Cost of revenue | 166.8 | 139.4 | 459.3 | 388.6 |
| Gross profit | 377.1 | 293.3 | 1,014.8 | 798.7 |
| Research and development expenses | 54.9 | 57.8 | 159.0 | 163.0 |
| Selling, general and administrative expenses | 234.1 | 180.7 | 656.2 | 522.1 |
| Operating income | 88.1 | 54.8 | 199.6 | 113.6 |
| Interest expense, net | (12.3) | (10.4) | (34.0) | (29.5) |
| Interest income | 10.5 | 8.6 | 29.2 | 22.4 |
| Other (expense) income, net | (3.4) | 0.7 | (5.9) | 0.3 |
| Income before income taxes | 82.9 | 53.7 | 188.9 | 106.8 |
| Income tax (expense) benefit | (5.4) | (1.8) | 128.7 | (3.8) |
| Net income | $77.5 | $51.9 | $317.6 | $103.0 |
| Earnings per share: | ||||
| Basic | $1.11 | $0.74 | $4.53 | $1.48 |
| Diluted | $1.08 | $0.74 | $4.40 | $1.47 |
| Weighted-average number of common shares outstanding (in thousands): | ||||
| Basic | 70,123 | 69,823 | 70,047 | 69,715 |
| Diluted | 73,951 | 73,624 | 73,830 | 70,111 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.