Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Insulet Corp

PODD · Nasdaq · Healthcare

Fundamental quality

ATTRACTIVE

88

out of 100

Insulet Corp grows profitably: it increases revenue at double digits (24.9% a year) without giving up profitability (net margin 10.4%). On fundamental quality it scores 88 out of 100, profiling it as a company with solid fundamentals. Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Insulet makes the Omnipod, the tubeless insulin pump: a disposable patch that delivers insulin continuously, controlled from a phone. Every patient constantly uses and discards pods — the recurring-revenue dream applied to diabetes.

What will shape its future

  • Pump penetration: most diabetics still inject; every conversion is a customer for life.
  • Expansion into type 2 diabetes, a market several times bigger than type 1.
  • Competition from Medtronic and Tandem, and integration with glucose sensors.

Breakdown by area

I.Growth
95

EPS growth: 104.6% · Revenue growth: 24.9%

II.Profitability
81

Net margin: 10.4% · ROE: 23.2% · ROIC: 21.4%

III.Financial health
88

Net debt/EBITDA: 0.78x · FCF: 14.3%

Source: SEC EDGAR · TTM through 31/03/2026

The score combines growth, profitability and financial strength, and here its pillars hold up evenly.

Versus its sector

Percentile against the other 57 Healthcare companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 50%
ROEbeats 75%
Growthbeats 95%
Cash generationbeats 46%
Less debtbeats 77%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Insulet Corp strengths

  • Growing earnings per share (104.6% annualized).
  • High gross margin (71%), pointing to pricing power.
  • Revenue growing strongly (24.9% annualized).
  • Strong return on equity (ROE of 23.2%): it puts shareholder capital to good use.

Insulet Corp risks and weaknesses

  • Its net debt has grown over the period.
  • Erratic free cash flow, with several years in the red.

Insulet Corp historical evolution

YearRevenueNet incomeFree cash flowNet debt
20209047-45152
20211,09917-180468
20221,3055-4712
20231,69720670712
20242,072418305427
20252,708247378233

Between 2020 and 2025, revenue went from $904M to $2,708M (+199%) and net income went from $7M to $247M (+3534%). Meanwhile, its margins have widened (from 1% to 9%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the quarter ended March 31, 2026, versus the quarter ended March 31, 2025 (SEC filings):

  • Revenue+33.9%
  • Net income+157.3%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

This company doesn't pay a dividend: it reinvests all its earnings back into the business.

Advertising

Want to invest in Insulet Corp?

Open your account in minutes with regulated brokers and buy U.S. and European stocks from small amounts. No paperwork.

Interactive BrokersGlobal markets

The serious investor's standard

Open free account →
WebullCommission-free

Popular in the U.S.

Open free account →

Investing carries risk of loss.

Is Insulet Corp cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Insulet Corp a good company to invest in?

In terms of business quality, Insulet Corp scores 88 out of 100 in our analysis, placing it as a company of high fundamental quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Insulet Corp a profitable company?

Yes. Insulet Corp shows a net margin of 10.4% and an ROE of 23.2%, a sign of a profitable business.

Does Insulet Corp have a lot of debt?

Not particularly. Its net debt is 0.78 times its EBITDA, a low level.

Is Insulet Corp growing?

Its revenue has grown 24.9% annualized in recent years and its earnings per share 104.6%, and without interruption since 2020.

Does Insulet Corp generate cash?

Yes. It converts about 14.3% of its revenue into free cash flow.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

Was this page helpful?