Below are the financial statements of Insulet, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 1,483.8a | 1,223.4a | 1,055.4a |
| Revenue from related party | 587.8a | 473.7a | 249.9a |
| Total revenue | 2,071.6a | 1,697.1a | 1,305.3a |
| Cost of revenue | -625.9a | -537.2a | -499.7a |
| Gross profit | 1,445.7a | 1,159.9a | 805.6a |
| Research and development expenses | -219.6a | -205a | -180.2a |
| Selling, general and administrative expenses | -917.2a | -734.9a | -587.8a |
| Operating income | 308.9a | 220a | 37.6a |
| Interest expense, net of portion capitalized | -42.7a | -36.2a | -36a |
| Interest income | 39.5a | 28.6a | 9.3a |
| Other (expense) income, net | -5.5a | 2.2a | -1.1a |
| Income before income taxes | 300.2a | 214.6a | 9.8a |
| Income tax benefit (expense) | -118.1a | -8.3a | -5.2a |
| Net income | 418.3a | 206.3a | 4.6a |
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