Insulet Corporation (PODD) FY2025 10-K Annual Report

Filed: Feb 18, 2026
Health Care
Surgical & Medical Instruments & ApparatusSEC EDGAR

Insulet Corporation (PODD) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 18, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Insulet Corporation FY2025 10-K Analysis

Business Overview

  • Core business in marketing and product training within healthcare, focusing on compliance with complex healthcare laws like Medicare, Medicaid, and anti-bribery statutes
  • Emphasis on advanced AI tool deployment and adherence to evolving global privacy, data protection, and AI regulations including EU AI Act by August 2026
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Management Discussion & Analysis

  • Revenue $2,708.1M in 2025, up 30.7% YoY (+$636.6M); U.S. revenue $1,919.8M (+27.2%), International $754.3M (+44.1%)
  • Gross margin 71.6% in 2025 vs 69.8% in 2024; R&D expense 11.1% of revenue vs 10.6%; SG&A 43.0% vs 44.3%
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Risk Factors

  • Cybersecurity risk oversight primarily by NGR Committee with regular updates from CISO and strategic roadmap reviews
  • CISO reports to CTO, leading cybersecurity program including risk detection and continuous improvement in medical device manufacturing
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Insulet Corporation FY2025 Key Financial Metrics
XBRL

Revenue

$2.7B

+30.7% YoY

Net Income

$247M

-40.9% YoY

Gross Margin

71.6%

+185bp YoY

Operating Margin

17.5%

+258bp YoY

Net Margin

9.1%

-1107bp YoY

ROE

16.3%

-1822bp YoY

Total Assets

$3.2B

+3.3% YoY

EPS (Diluted)

$3.48

-39.8% YoY

Operating Cash Flow

$569M

+32.3% YoY

Source: XBRL data from Insulet Corporation FY2025 10-K filing on SEC EDGAR. All figures in USD.

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