$PODD
INSULET CORP Stock $podd

$podd Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000114519723000059 Filed on August 09, 2023

Income Statement

Concept	2023 Q3	2023 Q2
Revenue	$432.7M	$396.5M
YoY Change	26.97%	32.43%
Cost Of Revenue	$139.4M	$131.6M
YoY Change	-8.59%	20.62%
Gross Profit	$293.3M	$264.9M
YoY Change	55.76%	39.2%
Gross Profit Margin	67.78%	66.81%
Selling, General & Admin	$180.7M	$178.7M
YoY Change	28.7%	2.47%
% of Gross Profit	61.61%	67.46%
Research & Development	$57.80M	$55.10M
YoY Change	28.44%	29.34%
% of Gross Profit	19.71%	20.8%
Depreciation & Amortization	$18.70M	$18.10M
YoY Change	17.61%	14.56%
% of Gross Profit	6.38%	6.83%
Operating Expenses	$238.5M	$233.8M
YoY Change	430.0%	448.83%
Operating Profit	$54.80M	$31.10M
YoY Change	1789.66%	-216.48%
Interest Expense	$10.40M	$9.700M
YoY Change	13.04%	6.59%
% of Operating Profit	18.98%	31.19%
Other Income/Expense, Net	$700.0K	-$200.0K
YoY Change	-138.89%	-81.82%
Pretax Income	$53.70M	$28.50M
YoY Change	-1042.11%	-178.95%
Income Tax	$1.800M	$1.200M
% Of Pretax Income	3.35%	4.21%
Net Earnings	$51.90M	$27.30M
YoY Change	-1098.08%	-178.0%
Net Earnings / Revenue	11.99%	6.89%
Basic Earnings Per Share	$0.74	$0.39
Diluted Earnings Per Share	$0.74	$0.39
COMMON SHARES
Basic Shares Outstanding	69.82M shares	69.70M shares
Diluted Shares Outstanding	73.62M shares	70.14M shares

Balance Sheet

Concept	2023 Q3	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$565.1M	$541.4M
YoY Change	-15.79%	-17.65%
Cash & Equivalents	$685.4M	$660.1M
Short-Term Investments
Other Short-Term Assets	$224.9M	$218.3M
YoY Change	74.34%	75.06%
Inventory	$410.8M	$411.3M
Prepaid Expenses
Receivables	$270.3M	$250.5M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.471B	$1.422B
YoY Change	10.68%	8.59%
LONG-TERM ASSETS
Property, Plant & Equipment	$677.7M	$601.5M
YoY Change	22.53%	12.26%
Goodwill	$51.70M	$51.70M
YoY Change	0.19%	-0.19%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$196.2M	$211.6M
YoY Change	9.79%	30.7%
Total Long-Term Assets	$996.6M	$964.3M
YoY Change	19.05%	19.85%
TOTAL ASSETS
Total Short-Term Assets	$1.471B	$1.422B
Total Long-Term Assets	$996.6M	$964.3M
Total Assets	$2.468B	$2.386B
YoY Change	13.92%	12.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$77.80M	$107.5M
YoY Change	25.28%	87.94%
Accrued Expenses	$316.8M	$271.1M
YoY Change	31.07%	40.83%
Deferred Revenue	$13.80M	$19.40M
YoY Change	53.33%	207.94%
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$49.80M	$29.20M
YoY Change	85.13%	11.03%
Total Short-Term Liabilities	$451.4M	$425.0M
YoY Change	35.07%	52.17%
LONG-TERM LIABILITIES
Long-Term Debt	$1.371B	$1.369B
YoY Change	-0.67%	-1.2%
Other Long-Term Liabilities	$38.20M	$38.30M
YoY Change	57.85%	42.91%
Total Long-Term Liabilities	$38.20M	$1.407B
YoY Change	-97.28%	-0.36%
TOTAL LIABILITIES
Total Short-Term Liabilities	$451.4M	$425.0M
Total Long-Term Liabilities	$38.20M	$1.407B
Total Liabilities	$1.860B	$1.832B
YoY Change	7.02%	8.31%
SHAREHOLDERS EQUITY
Retained Earnings	-$481.3M	-$533.2M
YoY Change	-19.96%	-10.55%
Common Stock	$100.0K	$100.0K
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$607.5M	$553.9M
YoY Change
Total Liabilities & Shareholders Equity	$2.468B	$2.386B
YoY Change	13.92%	12.87%

Cashflow Statement

Concept	2023 Q3	2023 Q2
OPERATING ACTIVITIES
Net Income	$51.90M	$27.30M
YoY Change	-1098.08%	-178.0%
Depreciation, Depletion And Amortization	$18.70M	$18.10M
YoY Change	17.61%	14.56%
Cash From Operating Activities	$56.00M	$44.00M
YoY Change	-1.23%	73.91%
INVESTING ACTIVITIES
Capital Expenditures	$22.40M	$18.10M
YoY Change	-166.08%	-194.76%
Acquisitions
YoY Change
Other Investing Activities	-$200.0K	-$5.000M
YoY Change		78.57%
Cash From Investing Activities	-$22.60M	-$23.10M
YoY Change	-33.33%	5.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-6.900M	3.200M
YoY Change	76.92%	-300.0%
NET CHANGE
Cash From Operating Activities	56.00M	44.00M
Cash From Investing Activities	-22.60M	-23.10M
Cash From Financing Activities	-6.900M	3.200M
Net Change In Cash	26.50M	24.10M
YoY Change	40.21%	1238.89%
FREE CASH FLOW
Cash From Operating Activities	$56.00M	$44.00M
Capital Expenditures	$22.40M	$18.10M
Free Cash Flow	$33.60M	$25.90M
YoY Change	-62.91%	-41.67%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2021	us-gaap	Accounting Standards Update Extensible List AccountingStandardsUpdateExtensibleList	http://fasb.org/us-gaap/2023#AccountingStandardsUpdate202006Member
CY2023Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	601500000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	599900000	usd
CY2023Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1368600000	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1374300000	usd
CY2023Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-2400000	usd
CY2022Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-8300000	usd
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-5300000	usd
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-17200000	usd
CY2023Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-200000	usd
CY2022Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-1100000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-400000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-800000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	28500000	usd
CY2022Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-36100000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	53100000	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1200000	usd
CY2022Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1100000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	27300000	usd
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.10
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.73
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.10
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	69356000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	69662000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	69305000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	70142000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	69356000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	70119000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	69305000	shares
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	27300000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-35000000.0	usd
	us-gaap	Net Income Loss NetIncomeLoss	51100000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-7200000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-2400000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-9600000	usd
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-700000	usd
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-13300000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	2800000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	4600000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	-3000000.0	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	22700000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	400000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-5000000.0	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-3700000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	9400000	usd
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	27700000	usd
CY2022Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-40000000.0	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	47400000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	2200000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	502800000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	6300000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	5500000	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	13100000	usd
CY2023Q2	us-gaap	Restricted Stock Value Shares Issued Net Of Tax Withholdings RestrictedStockValueSharesIssuedNetOfTaxWithholdings	-1500000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	800000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	4900000	usd
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	11200000	usd
CY2022Q2	us-gaap	Restricted Stock Value Shares Issued Net Of Tax Withholdings RestrictedStockValueSharesIssuedNetOfTaxWithholdings	-1200000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-35000000.0	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-5000000.0	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	422400000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	476400000	usd
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	12300000	usd
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	5500000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	25200000	usd
	us-gaap	Restricted Stock Value Shares Issued Net Of Tax Withholdings RestrictedStockValueSharesIssuedNetOfTaxWithholdings	-12900000	usd
	us-gaap	Net Income Loss NetIncomeLoss	51100000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-3700000	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	553900000	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	556300000	usd
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	1900000	usd
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	4900000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	20700000	usd
	us-gaap	Restricted Stock Value Shares Issued Net Of Tax Withholdings RestrictedStockValueSharesIssuedNetOfTaxWithholdings	-16500000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-7200000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	9400000	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	422400000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-7200000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	31100000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	20700000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	3000000.0	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	2000000.0	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	1000000.0	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	1000000.0	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	27100000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	24700000	usd
	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties	18200000	usd
	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties	26700000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	62700000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	24000000.0	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	19800000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	23300000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	74500000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	20100000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	44500000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	11600000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	26200000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	27400000	usd
	us-gaap	Payments For Software PaymentsForSoftware	3900000	usd
	us-gaap	Payments For Software PaymentsForSoftware	7600000	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	25100000	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	0	usd
	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	3000000.0	usd
	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	26000000.0	usd
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	7000000.0	usd
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	7800000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-65200000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-68800000	usd
	podd	Repayments Of Term Loan RepaymentsOfTermLoan	2500000	usd
	podd	Repayments Of Term Loan RepaymentsOfTermLoan	2500000	usd
	podd	Repayment Of Mortgage RepaymentOfMortgage	1100000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	12300000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	1900000	usd
	podd	Proceeds From Issuance Of Common Stock Employee Stock Purchase Plan ProceedsFromIssuanceOfCommonStockEmployeeStockPurchasePlan	5500000	usd
	podd	Proceeds From Issuance Of Common Stock Employee Stock Purchase Plan ProceedsFromIssuanceOfCommonStockEmployeeStockPurchasePlan	4900000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	12900000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	16500000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-300000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	0	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-8900000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-21900000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	0	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-3500000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-29600000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-82600000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	660100000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	723800000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	5600000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	4900000	usd
	podd	Purchases Of Property Plant And Equipment Included In Long Term Debt PurchasesOfPropertyPlantAndEquipmentIncludedInLongTermDebt	7000000.0	usd
	podd	Purchases Of Property Plant And Equipment Included In Long Term Debt PurchasesOfPropertyPlantAndEquipmentIncludedInLongTermDebt	0	usd
	podd	Purchases Of Developed Software Included In Accounts Payable And Accrued Expenses PurchasesOfDevelopedSoftwareIncludedInAccountsPayableAndAccruedExpenses	400000	usd
	podd	Purchases Of Developed Software Included In Accounts Payable And Accrued Expenses PurchasesOfDevelopedSoftwareIncludedInAccountsPayableAndAccruedExpenses	2400000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	5000000.0	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	12000000.0	usd
CY2023Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	19400000	usd
CY2022Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	16100000	usd
CY2023Q2	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	1800000	usd
CY2022Q4	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	1600000	usd
CY2023Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	21200000	usd
CY2022Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	17700000	usd
	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	12200000	usd
CY2023Q2	us-gaap	Capitalized Contract Cost Net Current CapitalizedContractCostNetCurrent	16300000	usd
CY2022Q4	us-gaap	Capitalized Contract Cost Net Current CapitalizedContractCostNetCurrent	15200000	usd
CY2023Q2	us-gaap	Capitalized Contract Cost Net Noncurrent CapitalizedContractCostNetNoncurrent	33100000	usd
CY2022Q4	us-gaap	Capitalized Contract Cost Net Noncurrent CapitalizedContractCostNetNoncurrent	31300000	usd
CY2023Q2	us-gaap	Capitalized Contract Cost Net CapitalizedContractCostNet	49400000	usd
CY2022Q4	us-gaap	Capitalized Contract Cost Net CapitalizedContractCostNet	46500000	usd
	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	8000000.0	usd
CY2022Q4	podd	Capitalized Computer Software Gross Noncurrent CapitalizedComputerSoftwareGrossNoncurrent	87100000	usd
CY2022Q4	us-gaap	Capitalized Computer Software Gross CapitalizedComputerSoftwareGross	105100000	usd
CY2022Q4	us-gaap	Capitalized Computer Software Accumulated Amortization CapitalizedComputerSoftwareAccumulatedAmortization	17100000	usd
CY2023Q2	us-gaap	Restricted Cash Current RestrictedCashCurrent	15400000	usd
CY2022Q4	us-gaap	Restricted Cash Current RestrictedCashCurrent	500000	usd
CY2023Q2	podd	Cash Cash Equivalents And Restricted Cash Current CashCashEquivalentsAndRestrictedCashCurrent	660100000	usd
CY2022Q4	podd	Cash Cash Equivalents And Restricted Cash Current CashCashEquivalentsAndRestrictedCashCurrent	674700000	usd
CY2023Q2	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	0	usd
CY2022Q4	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	15000000.0	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	660100000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	689700000	usd
CY2023Q2	podd	Cash And Cash Equivalents Net Cash Position CashAndCashEquivalentsNetCashPosition	1100000	usd
CY2023Q2	podd	Cash And Cash Equivalents Gross Cash Position CashAndCashEquivalentsGrossCashPosition	47100000	usd
CY2023Q2	podd	Cash Borrowings CashBorrowings	46000000	usd
CY2022Q4	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	88000000.0	usd
CY2022Q2	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	3700000	usd
CY2022Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	79100000	usd
CY2022Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	84200000	usd
CY2022Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	183500000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	346800000	usd
CY2022Q4	podd	Capitalized Computer Software Gross Current CapitalizedComputerSoftwareGrossCurrent	18000000.0	usd
	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	9300000	usd
CY2023Q2	us-gaap	Goodwill Goodwill	51700000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	51700000	usd
CY2022Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1700000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	5100000	usd
CY2023Q1	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	25100000	usd
CY2023Q1	us-gaap	Acquired Finite Lived Intangible Assets Weighted Average Useful Life AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife	P11Y
	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	-8800000	usd
CY2023Q2	podd	Standard And Extended Product Warranty Accrual Related To Medical Device Correction Notices StandardAndExtendedProductWarrantyAccrualRelatedToMedicalDeviceCorrectionNotices	13200000	usd
CY2022Q4	podd	Standard And Extended Product Warranty Accrual Related To Medical Device Correction Notices StandardAndExtendedProductWarrantyAccrualRelatedToMedicalDeviceCorrectionNotices	54600000	usd
CY2023Q2	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	7200000	usd
CY2023Q2	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	13000000.0	usd
CY2023Q2	us-gaap	Long Term Debt LongTermDebt	1397800000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	1401800000	usd
CY2023Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	29200000	usd
CY2022Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	27500000	usd
CY2023Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1368600000	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1374300000	usd
CY2023Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	13100000	usd
CY2022Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	11200000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	25200000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	20700000	usd
CY2023Q2	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	5500000	usd
	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	5800000	usd
CY2023Q2	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	5100000	usd
	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	9500000	usd
CY2022Q2	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	-5200000	usd
	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	8600000	usd
CY2022Q2	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	-200000	usd
	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	-800000	usd
CY2023Q2	us-gaap	Interest Expense Debt Excluding Amortization InterestExpenseDebtExcludingAmortization	8600000	usd
CY2022Q2	us-gaap	Interest Expense Debt Excluding Amortization InterestExpenseDebtExcludingAmortization	8100000	usd
	us-gaap	Interest Expense Debt Excluding Amortization InterestExpenseDebtExcludingAmortization	16900000	usd
	us-gaap	Interest Expense Debt Excluding Amortization InterestExpenseDebtExcludingAmortization	16000000.0	usd
CY2023Q2	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	300000	usd
CY2022Q2	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	300000	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	700000	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	700000	usd
CY2023Q2	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1200000	usd
CY2022Q2	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1000000.0	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	2300000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	2100000	usd
CY2023Q2	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	400000	usd
CY2022Q2	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	300000	usd
	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	800000	usd
	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	700000	usd
CY2023Q2	us-gaap	Interest Expense InterestExpense	9700000	usd
CY2022Q2	us-gaap	Interest Expense InterestExpense	9100000	usd
	us-gaap	Interest Expense InterestExpense	19100000	usd
	us-gaap	Interest Expense InterestExpense	18100000	usd
CY2023Q2	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	7300000	usd
CY2022Q2	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	800000	usd
	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	13800000	usd
	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	900000	usd
CY2023Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-2400000	usd
CY2022Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-8300000	usd
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-5300000	usd
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-17200000	usd
CY2023Q2	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	0.042
	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	0.038
CY2022Q2	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	0.029
	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	-0.065
CY2022Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	usd
CY2023Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	usd
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	69741000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	69356000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	69662000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	69305000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	70142000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	69356000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	70119000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	69305000	shares
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	3916000	shares
CY2022Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	4511000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	3919000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	4493000	shares
CY2023Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2023Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2023Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001145197-23-000059-index-headers.html	Edgar Link	pending
0001145197-23-000059-index.html	Edgar Link	pending
0001145197-23-000059.txt	Edgar Link	pending
0001145197-23-000059-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
podd-20230630.htm	Edgar Link	pending
podd-20230630.xsd	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
podd-20230630_cal.xml	Edgar Link	unprocessable
podd-20230630_def.xml	Edgar Link	unprocessable
podd-20230630_htm.xml	Edgar Link	completed
podd-exx311x2023x06x30_10q.htm	Edgar Link	pending
podd-exx312x2023x06x30_10q.htm	Edgar Link	pending
podd-exx321x2023x06x30_10q.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
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R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
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R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
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R3.htm	Edgar Link	pending
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R34.htm	Edgar Link	pending
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R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
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R42.htm	Edgar Link	pending
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R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
podd-20230630_pre.xml	Edgar Link	unprocessable
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
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R64.htm	Edgar Link	pending
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R66.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
R9999.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
podd-20230630_lab.xml	Edgar Link	unprocessable

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$PODD
INSULET CORP Stock $podd

2023 Q3 Form 10-Q Financial Statement

#000114519723000059 Filed on August 09, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PODD INSULET CORP Stock $podd

2023 Q3 Form 10-Q Financial Statement

#000114519723000059 Filed on August 09, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PODD
INSULET CORP Stock $podd