$PODD
INSULET CORP Stock $podd

$podd Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000114519724000039 Filed on August 09, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$543.9M	$488.5M
YoY Change	25.7%	23.2%
Cost Of Revenue	$166.8M	$157.6M
YoY Change	19.66%	19.76%
Gross Profit	$377.1M	$330.9M
YoY Change	28.57%	24.92%
Gross Profit Margin	69.33%	67.74%
Selling, General & Admin	$234.1M	$222.4M
YoY Change	29.55%	24.45%
% of Gross Profit	62.08%	67.21%
Research & Development	$54.90M	$53.90M
YoY Change	-5.02%	-2.18%
% of Gross Profit	14.56%	16.29%
Depreciation & Amortization	$21.30M	$19.20M
YoY Change	13.9%	6.08%
% of Gross Profit	5.65%	5.8%
Operating Expenses	$289.0M	$276.3M
YoY Change	21.17%	18.18%
Operating Profit	$88.10M	$54.60M
YoY Change	60.77%	75.56%
Interest Expense	-$5.200M	-$1.700M
YoY Change	-150.0%	-117.53%
% of Operating Profit	-5.9%	-3.11%
Other Income/Expense, Net	-$3.400M	-$1.800M
YoY Change	-585.71%	800.0%
Pretax Income	$82.90M	$51.10M
YoY Change	54.38%	79.3%
Income Tax	$5.400M	-$137.5M
% Of Pretax Income	6.51%	-269.08%
Net Earnings	$77.50M	$188.6M
YoY Change	49.33%	590.84%
Net Earnings / Revenue	14.25%	38.61%
Basic Earnings Per Share	$1.11	$2.69
Diluted Earnings Per Share	$1.08	$2.59
COMMON SHARES
Basic Shares Outstanding	70.12M shares	70.04M shares
Diluted Shares Outstanding	73.95M shares	73.80M shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$795.6M	$715.5M
YoY Change	40.79%	32.16%
Cash & Equivalents	$902.6M	$821.0M
Short-Term Investments
Other Short-Term Assets	$244.8M	$253.8M
YoY Change	8.85%	16.26%
Inventory	$444.9M	$430.9M
Prepaid Expenses
Receivables	$375.6M	$348.6M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.861B	$1.749B
YoY Change	26.5%	23.02%
LONG-TERM ASSETS
Property, Plant & Equipment	$702.9M	$677.9M
YoY Change	3.72%	12.7%
Goodwill	$51.70M	$51.70M
YoY Change	0.0%	0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$165.9M	$163.6M
YoY Change	-15.44%	-22.68%
Total Long-Term Assets	$1.165B	$1.133B
YoY Change	16.85%	17.47%
TOTAL ASSETS
Total Short-Term Assets	$1.861B	$1.749B
Total Long-Term Assets	$1.165B	$1.133B
Total Assets	$3.025B	$2.882B
YoY Change	22.6%	20.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$40.30M	$76.80M
YoY Change	-48.2%	-28.56%
Accrued Expenses	$423.9M	$371.3M
YoY Change	33.81%	36.96%
Deferred Revenue	$22.80M	$21.90M
YoY Change	65.22%	12.89%
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$42.00M	$37.90M
YoY Change	-15.66%	29.79%
Total Short-Term Liabilities	$506.2M	$486.0M
YoY Change	12.14%	14.35%
LONG-TERM LIABILITIES
Long-Term Debt	$1.356B	$1.360B
YoY Change	-1.04%	-0.64%
Other Long-Term Liabilities	$44.90M	$37.30M
YoY Change	17.54%	-2.61%
Total Long-Term Liabilities	$44.90M	$37.30M
YoY Change	17.54%	-97.35%
TOTAL LIABILITIES
Total Short-Term Liabilities	$506.2M	$486.0M
Total Long-Term Liabilities	$44.90M	$37.30M
Total Liabilities	$1.907B	$1.883B
YoY Change	2.54%	2.8%
SHAREHOLDERS EQUITY
Retained Earnings	-$60.40M	-$137.9M
YoY Change	-87.45%	-74.14%
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	$1.118B	$998.4M
YoY Change
Total Liabilities & Shareholders Equity	$3.025B	$2.882B
YoY Change	22.6%	20.78%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	$77.50M	$188.6M
YoY Change	49.33%	590.84%
Depreciation, Depletion And Amortization	$21.30M	$19.20M
YoY Change	13.9%	6.08%
Cash From Operating Activities	$98.50M	$96.50M
YoY Change	75.89%	119.32%
INVESTING ACTIVITIES
Capital Expenditures	$29.10M	$24.90M
YoY Change	29.91%	37.57%
Acquisitions
YoY Change
Other Investing Activities	-$200.0K	$0.00
YoY Change	0.0%	-100.0%
Cash From Investing Activities	-$29.30M	-$24.90M
YoY Change	29.65%	7.79%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	7.800M	-900.0K
YoY Change	-213.04%	-128.13%
NET CHANGE
Cash From Operating Activities	98.50M	96.50M
Cash From Investing Activities	-29.30M	-24.90M
Cash From Financing Activities	7.800M	-900.0K
Net Change In Cash	77.00M	70.70M
YoY Change	190.57%	193.36%
FREE CASH FLOW
Cash From Operating Activities	$98.50M	$96.50M
Capital Expenditures	$29.10M	$24.90M
Free Cash Flow	$69.40M	$71.60M
YoY Change	106.55%	176.45%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	podd	Excess And Obsolete Inventory Charge ExcessAndObsoleteInventoryCharge	2400000	usd
	us-gaap	Revenues Revenues	930200000	usd
	us-gaap	Revenues Revenues	754600000	usd
	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	7200000	usd
	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	12200000	usd
	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	8600000	usd
	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	8000000.0	usd
CY2023Q4	us-gaap	Capitalized Computer Software Gross CapitalizedComputerSoftwareGross	143300000	usd
CY2023Q4	us-gaap	Capitalized Computer Software Accumulated Amortization CapitalizedComputerSoftwareAccumulatedAmortization	36600000	usd
CY2023Q4	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	106700000	usd
CY2023Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	60600000	usd
CY2023Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	223800000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	402600000	usd
CY2023Q2	podd	Excess And Obsolete Inventory Charge ExcessAndObsoleteInventoryCharge	200000	usd
	podd	Excess And Obsolete Inventory Charge ExcessAndObsoleteInventoryCharge	14500000	usd
CY2023Q4	podd	Capitalized Computer Software Gross Noncurrent CapitalizedComputerSoftwareGrossNoncurrent	116900000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	149900000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	51200000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	98700000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	5100000	usd
CY2024Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	11300000	usd
CY2023Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	39200000	usd
CY2023Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	10300000	usd
CY2024Q2	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	5700000	usd
CY2023Q2	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	3300000	usd
	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	11200000	usd
	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	8800000	usd
CY2024Q2	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	-400000	usd
CY2023Q2	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	-800000	usd
	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	-400000	usd
	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	-8800000	usd
CY2024Q2	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	5000000.0	usd
CY2023Q2	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	20400000	usd
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	9500000	usd
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	40800000	usd
CY2024Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	11600000	usd
CY2023Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	21300000	usd
CY2024Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	11600000	usd
CY2023Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	21300000	usd
CY2022Q4	podd	Number Of Voluntary Medical Device Correction Notices Issued NumberOfVoluntaryMedicalDeviceCorrectionNoticesIssued	2	notice
CY2024Q2	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	5600000	usd
CY2024Q2	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	9100000	usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	5900000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	116800000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	704200000	usd
CY2023Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2023Q4	us-gaap	Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligations
CY2024Q2	us-gaap	Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligations
CY2024Q2	us-gaap	Derivative Asset Statement Of Financial Position Extensible Enumeration DerivativeAssetStatementOfFinancialPositionExtensibleEnumeration	http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent
CY2023Q4	us-gaap	Derivative Asset Statement Of Financial Position Extensible Enumeration DerivativeAssetStatementOfFinancialPositionExtensibleEnumeration	http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2024Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2024Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2024Q2	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	6000000.0	usd
CY2024Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	17000000.0	usd
CY2024Q2	us-gaap	Restricted Stock Value Shares Issued Net Of Tax Withholdings RestrictedStockValueSharesIssuedNetOfTaxWithholdings	-1100000	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	188600000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-3900000	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	998400000	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
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	27300000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	400000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	732700000	usd
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	6900000	usd
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	6000000.0	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	31200000	usd
	us-gaap	Restricted Stock Value Shares Issued Net Of Tax Withholdings RestrictedStockValueSharesIssuedNetOfTaxWithholdings	-6100000	usd
	us-gaap	Net Income Loss NetIncomeLoss	240100000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-12400000	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	998400000	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
	us-gaap	Net Income Loss NetIncomeLoss	240100000	usd
	us-gaap	Net Income Loss NetIncomeLoss	51100000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	38000000.0	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	35300000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	31200000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	25200000	usd
	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	-139200000	usd
	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	300000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	3800000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	3000000.0	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	600000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	2000000.0	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	4500000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	700000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	30300000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	62700000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	15700000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	19800000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	56400000	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	74500000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	184100000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	44500000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	44600000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	26200000	usd
	us-gaap	Payments For Software PaymentsForSoftware	4300000	usd
	us-gaap	Payments For Software PaymentsForSoftware	3900000	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	0	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	25100000	usd
	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	0	usd
	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	3000000.0	usd
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	0	usd
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	7000000.0	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-48900000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-65200000	usd
	podd	Repayment Of Equipment Financings RepaymentOfEquipmentFinancings	12200000	usd
	podd	Repayment Of Equipment Financings RepaymentOfEquipmentFinancings	9900000	usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	0	usd
	podd	Repayments Of Term Loan RepaymentsOfTermLoan	2500000	usd
	podd	Repayments Of Term Loan RepaymentsOfTermLoan	2500000	usd
	podd	Repayment Of Mortgage RepaymentOfMortgage	1200000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	6900000	usd
	podd	Proceeds From Issuance Of Common Stock Employee Stock Purchase Plan ProceedsFromIssuanceOfCommonStockEmployeeStockPurchasePlan	6000000.0	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	6100000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	0	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-15000000.0	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-3400000	usd
CY2024Q2	us-gaap	Revenues Revenues	488500000	usd
CY2023Q2	us-gaap	Revenues Revenues	396500000	usd
CY2024Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	21900000	usd
CY2023Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	15400000	usd
CY2024Q2	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	2000000.0	usd
CY2023Q4	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	1900000	usd
CY2024Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	23900000	usd
CY2023Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	17300000	usd
CY2024Q2	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	4000000.0	usd
CY2023Q2	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	2300000	usd
CY2024Q2	us-gaap	Capitalized Contract Cost Net Current CapitalizedContractCostNetCurrent	17700000	usd
CY2023Q4	us-gaap	Capitalized Contract Cost Net Current CapitalizedContractCostNetCurrent	16600000	usd
CY2024Q2	us-gaap	Capitalized Contract Cost Net Noncurrent CapitalizedContractCostNetNoncurrent	34700000	usd
CY2023Q4	us-gaap	Capitalized Contract Cost Net Noncurrent CapitalizedContractCostNetNoncurrent	32000000.0	usd
CY2024Q2	us-gaap	Capitalized Contract Cost Net CapitalizedContractCostNet	52400000	usd
CY2023Q4	us-gaap	Capitalized Contract Cost Net CapitalizedContractCostNet	48600000	usd
CY2024Q2	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	4400000	usd
CY2023Q2	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	4000000.0	usd
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	3500000	usd
CY2023Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	3100000	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	2500000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	2500000	usd
CY2024Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-600000	usd
CY2023Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	800000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	600000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	2000000.0	usd
CY2024Q2	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	100000	usd
CY2023Q2	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	900000	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	300000	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	1600000	usd
CY2024Q2	us-gaap	Allowance For Doubtful Accounts Receivable Recoveries AllowanceForDoubtfulAccountsReceivableRecoveries	0	usd
CY2023Q2	us-gaap	Allowance For Doubtful Accounts Receivable Recoveries AllowanceForDoubtfulAccountsReceivableRecoveries	100000	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Recoveries AllowanceForDoubtfulAccountsReceivableRecoveries	0	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Recoveries AllowanceForDoubtfulAccountsReceivableRecoveries	200000	usd
CY2024Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	2800000	usd
CY2023Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	3100000	usd
CY2024Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	2800000	usd
CY2023Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	3100000	usd
CY2024Q2	us-gaap	Inventory Raw Materials InventoryRawMaterials	141100000	usd
CY2023Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	118200000	usd
CY2024Q2	us-gaap	Inventory Work In Process InventoryWorkInProcess	95700000	usd
CY2024Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	194100000	usd
CY2024Q2	us-gaap	Inventory Net InventoryNet	430900000	usd
CY2024Q2	podd	Excess And Obsolete Inventory Charge ExcessAndObsoleteInventoryCharge	11900000	usd
CY2024Q2	podd	Capitalized Computer Software Gross Current CapitalizedComputerSoftwareGrossCurrent	28200000	usd
CY2023Q4	podd	Capitalized Computer Software Gross Current CapitalizedComputerSoftwareGrossCurrent	26400000	usd
CY2024Q2	podd	Capitalized Computer Software Gross Noncurrent CapitalizedComputerSoftwareGrossNoncurrent	126100000	usd
CY2024Q2	us-gaap	Capitalized Computer Software Gross CapitalizedComputerSoftwareGross	154300000	usd
CY2024Q2	us-gaap	Capitalized Computer Software Accumulated Amortization CapitalizedComputerSoftwareAccumulatedAmortization	48200000	usd
CY2024Q2	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	106100000	usd
CY2024Q2	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	6500000	usd
CY2023Q2	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	5000000.0	usd
	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	12600000	usd
	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	9300000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	51700000	usd
CY2024Q2	us-gaap	Goodwill Goodwill	51700000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	154300000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	55800000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	98500000	usd
CY2024Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2400000	usd
CY2023Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2700000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4800000	usd
CY2023Q2	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	5000000	usd
CY2023Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	5000000.0	usd
CY2024Q2	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	5000000.0	usd
CY2023Q2	us-gaap	Other Investments OtherInvestments	2000000.0	usd
CY2022Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	62100000	usd
CY2024Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	16200000	usd
CY2023Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	22900000	usd
CY2023Q4	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	6400000	usd
CY2023Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	11100000	usd
CY2024Q2	us-gaap	Long Term Debt And Capital Lease Obligations Including Current Maturities LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities	1397800000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations Including Current Maturities LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities	1415800000	usd
CY2024Q2	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	37900000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	49400000	usd
CY2024Q2	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	1359900000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	1366400000	usd
CY2024Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	16200000	usd
CY2023Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	22900000	usd
CY2023Q4	us-gaap	Equity Securities Without Readily Determinable Fair Value Amount EquitySecuritiesWithoutReadilyDeterminableFairValueAmount	9700000	usd
CY2024Q2	us-gaap	Equity Securities Without Readily Determinable Fair Value Amount EquitySecuritiesWithoutReadilyDeterminableFairValueAmount	9700000	usd
CY2024Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	17000000.0	usd
CY2023Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	13100000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	31200000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	25200000	usd
CY2024Q2	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	-10500000	usd
	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	-25600000	usd
CY2024Q2	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	6600000	usd
	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	13200000	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
CY2024Q2	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	-2.692
	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	-1.266
CY2024Q2	podd	Income Tax Expense Benefit From Release Of Valuation Allowance IncomeTaxExpenseBenefitFromReleaseOfValuationAllowance	-146900000	usd
	podd	Income Tax Expense Benefit From Release Of Valuation Allowance IncomeTaxExpenseBenefitFromReleaseOfValuationAllowance	-153500000	usd
	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	136400000	usd
	us-gaap	Income Tax Reconciliation Nondeductible Expense Research And Development IncomeTaxReconciliationNondeductibleExpenseResearchAndDevelopment	4800000	usd
CY2024Q2	us-gaap	Income Tax Reconciliation Nondeductible Expense Research And Development IncomeTaxReconciliationNondeductibleExpenseResearchAndDevelopment	4800000	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
CY2024Q2	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	20500000	usd
CY2024Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	188600000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	27300000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	240100000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	51100000	usd
CY2024Q2	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	2500000	usd
CY2023Q2	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	0	usd
	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	4900000	usd
	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	0	usd
CY2024Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	191100000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	27300000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	245000000.0	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	51100000	usd
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	70062000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	69741000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	70010000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	69662000	shares
CY2024Q2	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	3528000	shares
CY2023Q2	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	0	shares
	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	3528000	shares
	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	0	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	73802000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	70142000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	73771000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	70119000	shares
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.69
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.39
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.43
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.73
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.59
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.39
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.32
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.73
CY2024Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	757000	shares
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	3916000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	706000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	3919000	shares
CY2024Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001145197-24-000039-index-headers.html	Edgar Link	pending
0001145197-24-000039-index.html	Edgar Link	pending
0001145197-24-000039.txt	Edgar Link	pending
0001145197-24-000039-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
podd-20240630.htm	Edgar Link	pending
podd-20240630.xsd	Edgar Link	pending
podd-exx103x2024x06x30_10q.htm	Edgar Link	pending
podd-exx104x2024x06x30_10q.htm	Edgar Link	pending
podd-exx311x2024x06x30_10q.htm	Edgar Link	pending
podd-exx312x2024x06x30_10q.htm	Edgar Link	pending
podd-exx321x2024x06x30_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
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R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
podd-20240630_cal.xml	Edgar Link	unprocessable
podd-20240630_def.xml	Edgar Link	unprocessable
podd-20240630_lab.xml	Edgar Link	unprocessable
podd-20240630_pre.xml	Edgar Link	unprocessable
podd-20240630_htm.xml	Edgar Link	completed
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R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$PODD
INSULET CORP Stock $podd

2024 Q3 Form 10-Q Financial Statement

#000114519724000039 Filed on August 09, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PODD INSULET CORP Stock $podd

2024 Q3 Form 10-Q Financial Statement

#000114519724000039 Filed on August 09, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PODD
INSULET CORP Stock $podd