INSULET CORP

For the period ended Jun 30, 2025. Filed Aug 7, 2025.

About 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.

Jun 30, 2025 · Filed Aug 7, 2025

PODD$148.06-1.2%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income (Unaudited) for the

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

	Three Months Ended June 30,		Six Months Ended June 30,
(in millions, except share and per share data)	2025	2024	2025	2024
Revenue	$470.5	$341.2	$891.0	$671.1
Revenue from related party	178.6	147.3	327.1	259.1
Total revenue	649.1	488.5	1,218.1	930.2
Cost of revenue	196.9	157.6	356.8	292.5
Gross profit	452.2	330.9	861.3	637.7
Research and development expenses	73.4	53.9	133.0	104.1
Selling, general and administrative expenses	257.7	222.5	518.4	422.2
Operating income	121.1	54.5	209.9	111.5
Interest expense	(19.6)	(11.0)	(28.8)	(21.7)
Interest income	10.1	9.3	20.3	18.7
Loss on extinguishment of debt	(84.4)	—	(123.9)	—
Other income (expense), net	1.3	(1.8)	(0.9)	(2.5)
Income before income taxes	28.4	51.1	76.5	106.0
Income tax (expense) benefit	(5.9)	137.5	(18.6)	134.1
Net income	$22.5	$188.6	$57.9	$240.1
Earnings per share:
Basic	$0.32	$2.69	$0.82	$3.43
Diluted	$0.32	$2.59	$0.82	$3.32
Weighted-average number of common shares outstanding (in thousands):
Basic	70,389	70,062	70,330	70,010
Diluted	70,652	73,802	70,641	73,771

ContentsView on SEC.gov

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