Insulet (PODD)


Market Price (8/3/2026): $165.35 | Market Cap: $11.6 BilInvestor Relations Sector: Health Care | Industry: Health Care Equipment

Insulet (PODD)


Market Price (8/3/2026): $165.35
Market Cap: $11.6 Bil
Sector: Health Care
Industry: Health Care Equipment

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -27%

Low stock price volatility
Vol 12M is 40%

Megatrend and thematic drivers
Megatrends include Digital Health & Telemedicine, and Aging Population & Chronic Disease. Themes include Wearable Health Devices, Remote Patient Monitoring, Show more.

Weak multi-year price returns
2Y Excs Rtn is -52%, 3Y Excs Rtn is -105%

Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 25x, P/EPrice/Earnings or Price/(Net Income) is 38x

Key risks
PODD key risks include [1] substantial reliance on its single Omnipod system for revenue, Show more.

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -27%
2 Low stock price volatility
Vol 12M is 40%
3 Megatrend and thematic drivers
Megatrends include Digital Health & Telemedicine, and Aging Population & Chronic Disease. Themes include Wearable Health Devices, Remote Patient Monitoring, Show more.
4 Weak multi-year price returns
2Y Excs Rtn is -52%, 3Y Excs Rtn is -105%
5 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 25x, P/EPrice/Earnings or Price/(Net Income) is 38x
6 Key risks
PODD key risks include [1] substantial reliance on its single Omnipod system for revenue, Show more.

PODD in ETFs

Weight = PODD's share of each fund

SPY0.02%
VOO0.02%
IVV0.02%
VTI0.02%
ITOT0.02%
IWB0.02%
RSP0.21%
VB0.13%
+24 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 8/1/2026

Insulet (PODD) stock has lost about 5% since 4/30/2026 because of the following key factors:

1. Insulet's stock experienced a significant decline following its fiscal Q1 2026 earnings report on May 6, 2026, despite beating analyst expectations. The company reported adjusted earnings per share of $1.42, surpassing the consensus estimate of $1.19, and revenue of $761.7 million, exceeding forecasts of $729.89 million, representing 33.9% year-over-year growth. However, the stock closed down by 9.7% on May 6, 2026, attributed to valuation pressure as investors adjusted positions after prior gains and high expectations.

2. The announcement of a second voluntary Medical Device Correction on May 26, 2026, further impacted investor confidence. This correction for Omnipod 5, Omnipod DASH, and Omnipod Eros systems cited a manufacturing issue that could lead to insulin under-delivery, causing the stock to drop by 5.07% (or $7.79 per share) on May 27, 2026. This event compounded concerns raised by a previous correction on March 12, 2026, and is tied to ongoing securities fraud class action lawsuits alleging misrepresentations of Omnipod product safety and manufacturing deficiencies.

Show more
Updated on 8/1/2026

Insulet (PODD) stock has lost about 5% since 4/30/2026 because of the following key factors:

1. Insulet's stock experienced a significant decline following its fiscal Q1 2026 earnings report on May 6, 2026, despite beating analyst expectations. The company reported adjusted earnings per share of $1.42, surpassing the consensus estimate of $1.19, and revenue of $761.7 million, exceeding forecasts of $729.89 million, representing 33.9% year-over-year growth. However, the stock closed down by 9.7% on May 6, 2026, attributed to valuation pressure as investors adjusted positions after prior gains and high expectations.

2. The announcement of a second voluntary Medical Device Correction on May 26, 2026, further impacted investor confidence. This correction for Omnipod 5, Omnipod DASH, and Omnipod Eros systems cited a manufacturing issue that could lead to insulin under-delivery, causing the stock to drop by 5.07% (or $7.79 per share) on May 27, 2026. This event compounded concerns raised by a previous correction on March 12, 2026, and is tied to ongoing securities fraud class action lawsuits alleging misrepresentations of Omnipod product safety and manufacturing deficiencies.

3. Numerous analyst price target reductions throughout fiscal Q2 2026 and into fiscal Q3 2026 reflected a more cautious outlook for Insulet. Several financial firms lowered their price objectives for PODD. Examples include Wells Fargo & Company reducing its target from $360.00 to $255.00 on May 6, 2026, Bank of America cutting its target from $288.00 to $208.00 on May 18, 2026, and RBC Capital lowering its target from $280.00 to $245.00 on July 13, 2026. These adjustments contributed to negative investor sentiment by indicating a revised perspective on the company's future growth potential or valuation.

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Stock Movement Drivers

Fundamental Drivers

The -3.9% change in PODD stock from 4/30/2026 to 8/2/2026 was primarily driven by a -22.0% change in the company's P/E Multiple.
(LTM values as of)43020268022026Change
Stock Price ($)172.14165.35-3.9%
Change Contribution By: 
Total Revenues ($ Mil)2,7082,9017.1%
Net Income Margin (%)9.1%10.4%14.4%
P/E Multiple49.038.2-22.0%
Shares Outstanding (Mil)70700.5%
Cumulative Contribution-3.9%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 8/2/2026
ReturnCorrelation
PODD-3.9% 
Market (SPY)3.9%-30.3%
Sector (XLV)11.3%39.0%

Fundamental Drivers

The -35.4% change in PODD stock from 1/31/2026 to 8/2/2026 was primarily driven by a -47.7% change in the company's P/E Multiple.
(LTM values as of)13120268022026Change
Stock Price ($)255.81165.35-35.4%
Change Contribution By: 
Total Revenues ($ Mil)2,5222,90115.0%
Net Income Margin (%)9.8%10.4%6.9%
P/E Multiple73.138.2-47.7%
Shares Outstanding (Mil)70700.5%
Cumulative Contribution-35.4%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 8/2/2026
ReturnCorrelation
PODD-35.4% 
Market (SPY)8.3%0.1%
Sector (XLV)5.5%37.6%

Fundamental Drivers

The -42.7% change in PODD stock from 7/31/2025 to 8/2/2026 was primarily driven by a -42.9% change in the company's Net Income Margin (%).
(LTM values as of)73120258022026Change
Stock Price ($)288.40165.35-42.7%
Change Contribution By: 
Total Revenues ($ Mil)2,1992,90131.9%
Net Income Margin (%)18.3%10.4%-42.9%
P/E Multiple50.438.2-24.2%
Shares Outstanding (Mil)70700.4%
Cumulative Contribution-42.7%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 8/2/2026
ReturnCorrelation
PODD-42.7% 
Market (SPY)19.2%8.0%
Sector (XLV)26.2%34.0%

Fundamental Drivers

The -40.3% change in PODD stock from 7/31/2023 to 8/2/2026 was primarily driven by a -99.9% change in the company's P/E Multiple.
(LTM values as of)73120238022026Change
Stock Price ($)276.75165.35-40.3%
Change Contribution By: 
Total Revenues ($ Mil)1,3682,901112.1%
Net Income Margin (%)0.0%10.4%23699.0%
P/E Multiple32,095.238.2-99.9%
Shares Outstanding (Mil)7070-0.6%
Cumulative Contribution-40.3%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2023 to 8/2/2026
ReturnCorrelation
PODD-40.3% 
Market (SPY)68.9%28.4%
Sector (XLV)26.9%30.0%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
PODD Return4%11%-26%20%9%-42%-35%
Peers Return38%-36%7%-3%-6%-0%-14%
S&P 500 Return27%-19%24%23%16%9%98%

Monthly Win Rates [3]
PODD Win Rate58%58%33%58%42%29% 
Peers Win Rate63%40%48%48%53%49% 
S&P 500 Win Rate75%42%67%75%67%43% 

Max Drawdowns [4]
PODD Max Drawdown-26%-33%-61%-26%-19%-54% 
Peers Max Drawdown-22%-49%-36%-33%-37%-32% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: MDT, DXCM, WST, TNDM, ABT. See PODD Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/31/2026 (YTD)

How Low Can It Go

EventPODDS&P 500
2025 US Tariff Shock
  % Loss-16.4%-18.8%
  % Gain to Breakeven19.7%23.1%
  Time to Breakeven60 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-54.6%-9.5%
  % Gain to Breakeven120.5%10.5%
  Time to Breakeven482 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-32.4%-24.5%
  % Gain to Breakeven47.9%32.4%
  Time to Breakeven106 days427 days
2020 COVID-19 Crash
  % Loss-39.7%-33.7%
  % Gain to Breakeven65.9%50.9%
  Time to Breakeven51 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-27.7%-19.2%
  % Gain to Breakeven38.3%23.8%
  Time to Breakeven77 days105 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-28.2%-3.7%
  % Gain to Breakeven39.3%3.9%
  Time to Breakeven71 days6 days

Compare to MDT, DXCM, WST, TNDM, ABT

In The Past

Insulet's stock fell -16.4% during the 2025 US Tariff Shock. Such a loss loss requires a 19.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventPODDS&P 500
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-54.6%-9.5%
  % Gain to Breakeven120.5%10.5%
  Time to Breakeven482 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-32.4%-24.5%
  % Gain to Breakeven47.9%32.4%
  Time to Breakeven106 days427 days
2020 COVID-19 Crash
  % Loss-39.7%-33.7%
  % Gain to Breakeven65.9%50.9%
  Time to Breakeven51 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-27.7%-19.2%
  % Gain to Breakeven38.3%23.8%
  Time to Breakeven77 days105 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-28.2%-3.7%
  % Gain to Breakeven39.3%3.9%
  Time to Breakeven71 days6 days
2014-2016 Oil Price Collapse
  % Loss-31.7%-6.8%
  % Gain to Breakeven46.3%7.3%
  Time to Breakeven175 days15 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-36.5%-17.9%
  % Gain to Breakeven57.5%21.8%
  Time to Breakeven465 days123 days
2008-2009 Global Financial Crisis
  % Loss-88.6%-53.4%
  % Gain to Breakeven775.7%114.4%
  Time to Breakeven1413 days1085 days

Compare to MDT, DXCM, WST, TNDM, ABT

In The Past

Insulet's stock fell -16.4% during the 2025 US Tariff Shock. Such a loss loss requires a 19.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Insulet (PODD)

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Insulet Corporation (PODD) is a medical device company that develops, manufactures, and sells advanced insulin delivery systems designed for individuals with insulin-dependent diabetes. The company's core mission is to simplify diabetes management through innovative and user-friendly technology.

The flagship product is the Omnipod System, a unique tubeless insulin pump solution. This system features a compact, self-adhesive, and disposable Omnipod device that users wear directly on their body for up to three days. It eliminates the need for traditional tubing, offering enhanced discretion and freedom. The Omnipod device is wirelessly controlled by a handheld personal diabetes manager, which allows users to program and monitor their insulin delivery conveniently.

Insulet primarily serves people worldwide who require insulin for their diabetes management. The company distributes its products through a combination of independent distributors and pharmacy channels, as well as direct sales in certain regions. Its market reach is extensive, covering the United States, Canada, Europe, the Middle East, and Australia.

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AI Analysis | Feedback

Analogy 1: Keurig for insulin delivery systems.

Analogy 2: Dyson for insulin pumps.

AI Analysis | Feedback

  • Omnipod System: An integrated insulin delivery system designed for people with insulin-dependent diabetes.
  • Omnipod device: A self-adhesive, disposable, tubeless insulin pump worn directly on the body for up to three days.
  • Personal Diabetes Manager (PDM): A wireless, handheld device that acts as a controller for the Omnipod device, allowing users to manage their insulin delivery.

AI Analysis | Feedback

Insulet Corporation (PODD) primarily sells its products to other companies through its distribution network and pharmacy channels. Therefore, its major customers are businesses rather than individuals.

Based on its stated sales channels, Insulet's major customer categories, along with examples of public companies that operate within these categories, include:

  • Pharmacy Chains: These are major retail pharmacy companies that purchase Insulet's Omnipod systems to make them available for direct dispensing to individuals with insulin-dependent diabetes. Examples of such public companies include:
    • CVS Health (CVS)
    • Walgreens Boots Alliance (WBA)
    • Walmart (WMT) - through its in-store pharmacies
  • Independent Distributors: These companies specialize in the wholesale distribution of medical devices and supplies. They purchase products from Insulet and then manage the logistics and sales to a wide network of healthcare providers, hospitals, and smaller pharmacies. Examples of such public companies include:
    • McKesson Corporation (MCK)
    • Cardinal Health (CAH)
    • AmerisourceBergen (ABC)

While Insulet also sells directly, the primary channels described indicate a Business-to-Business (B2B) model for its major customer base, with individuals being the ultimate end-users of the Omnipod system.

AI Analysis | Feedback

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AI Analysis | Feedback

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Ashley McEvoy

President and Chief Executive Officer

Ms. McEvoy was appointed President and Chief Executive Officer of Insulet in April 2025. She brings nearly three decades of healthcare leadership experience, having spent from 1996 to 2023 in various roles of increasing responsibility at Johnson & Johnson. Most recently, she served as Executive Vice President and Worldwide Chairman of Johnson & Johnson's MedTech business, an organization with 60,000 global employees and over $30 billion in revenue. Her previous leadership positions at Johnson & Johnson included Company Group Chairman of Vision and Diabetes Care, Worldwide President of Ethicon Inc., and President of McNeil Consumer Healthcare. Since 2023, Ms. McEvoy has also been a member of the Procter & Gamble Board of Directors.

Flavia Pease

Executive Vice President, Chief Financial Officer

Ms. Pease assumed the role of Executive Vice President, Chief Financial Officer at Insulet in September 2025. Prior to joining Insulet, she was the Corporate Executive Vice President and Chief Financial Officer at Charles River Laboratories, a position she held since 2022. Ms. Pease's career also includes over 20 years at Johnson & Johnson, where she held various senior finance and leadership roles. These roles included Vice President and Group Chief Financial Officer of the global Medical Device business, overseeing a $27 billion portfolio, and Vice President of Finance for Janssen North America. She also served on Insulet's Board of Directors from January 2024 through September 2025.

Eric Benjamin

Executive Vice President, Chief Operating Officer

Mr. Benjamin serves as Insulet's Executive Vice President, Chief Operating Officer. He previously held the position of Executive Vice President of Innovation, Strategy & Digital Products within the company. Before his tenure at Insulet, Mr. Benjamin gained extensive experience through senior roles in research and development, quality, and operations at Abbott, working in both the U.S. and Europe.

Patrick Crannell

Senior Vice President, International General Manager

Mr. Crannell has been Insulet's Senior Vice President and International General Manager since July 2023, having previously served as Senior Vice President, Head of International since August 2022. With over 25 years of experience leading commercial organizations globally, Mr. Crannell previously served as Vice President of Infusion Therapy and Medical Devices at ICU Medical, where he led a large U.S. team.

Prem Singh

Senior Vice President, Global Operations

Mr. Singh has served as Insulet's Senior Vice President, Global Operations since January 2023. Prior to this role, he was the Group Vice President, Head of Global Supply Chain Operations from December 2021 through December 2022. Before joining Insulet, Mr. Singh held a leadership position as Vice President of Operations and Quality for the Chromatography and Mass Spectrometry Division at Thermo Fisher Scientific Inc.

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AI Analysis | Feedback

The key risks to Insulet Corporation (PODD) primarily revolve around product quality, intense market competition, and a concentrated reliance on its core Omnipod system.

The most significant and immediate risk to Insulet is a **manufacturing defect in its Omnipod 5 Pods, leading to a voluntary recall and heightened regulatory scrutiny**. In March 2026, Insulet initiated a voluntary medical device correction for specific lots of its Omnipod 5 Pods in the United States. This action followed the discovery of a manufacturing defect that could cause a small tear in the internal tubing, potentially leading to insulin leakage and under-delivery. This malfunction can result in elevated blood glucose levels and, in severe cases, diabetic ketoacidosis, a serious medical condition. The company has reported 18 serious adverse events linked to this issue, including hospitalizations, though no fatalities have occurred. While the affected pods represent a small percentage of annual production, this defect raises concerns about product quality, patient safety, potential costs for replacements and support, and ongoing regulatory and legal considerations.

Secondly, Insulet faces **intense competition within the automated insulin delivery (AID) market**. The company's tubeless Omnipod system, while a key differentiator, operates in a dynamic landscape with formidable rivals. Major competitors include Medtronic and Tandem Diabetes Care, who offer comprehensive diabetes solutions and advanced AID systems. Indirect competition also comes from Continuous Glucose Monitoring (CGM) companies like Dexcom and Abbott Laboratories, whose technologies are integral to AID systems. This competitive pressure necessitates continuous innovation and strategic market positioning to maintain Insulet's technological edge and market share.

Finally, a notable risk is Insulet's **heavy reliance on its Omnipod product platform**. The company's financial performance is significantly tied to the success and continued adoption of its Omnipod system. While this focus has driven substantial growth, it exposes Insulet to product-specific market fluctuations, competitive advancements, and any potential issues related to the platform itself, such as the recent manufacturing defect. Diversification of revenue streams, potentially through expanding into non-insulin drug delivery, has been identified as an area that could mitigate this risk in the long term.

AI Analysis | Feedback

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AI Analysis | Feedback

Insulet Corporation's addressable market for its Omnipod System, which provides insulin delivery for people with insulin-dependent diabetes, is estimated to be over $30 billion globally for both Type 1 and Type 2 diabetes. This market represents approximately 14 million potential patients worldwide. The global tubeless insulin pump market, in which Insulet operates, was valued at USD 2.45 billion in 2024 and is projected to grow to approximately USD 13.65 billion by 2034. Other estimates place the global tubeless insulin pump market at USD 1.9 billion in 2024, expanding to USD 12.2 billion by 2034. North America held the largest market share in the tubeless insulin pump market in 2024.

AI Analysis | Feedback

Insulet Corporation (PODD) is expected to drive future revenue growth over the next two to three years through several key initiatives:

  • Continued Adoption and Penetration of Omnipod 5: Insulet anticipates sustained global demand for its Omnipod 5 Automated Insulin Delivery (AID) System, driving increased customer starts and market share. This includes broader penetration among individuals currently using multiple daily injections (MDI) and gaining market share from competitors in both Type 1 and Type 2 diabetes segments.
  • International Expansion of Omnipod 5: The company is actively expanding the commercial availability of Omnipod 5 into new international markets. Recent and planned launches include Australia, Belgium, Canada, Switzerland, Italy, Denmark, Finland, Norway, Sweden, and upcoming expansion into markets such as Israel, Saudi Arabia, the United Arab Emirates, Qatar, and Kuwait.
  • Growing Presence in the Type 2 Diabetes Market: Insulet is focused on deepening its penetration within the Type 2 diabetes segment by leveraging clinical data, expanding prescriber education, and targeting high-prescribing primary care physicians. The company has also received an expanded FDA label for Omnipod 5 for Type 2 diabetes.
  • Innovation and Enhancements to the Omnipod Platform: Insulet plans to introduce significant enhancements to the Omnipod 5 algorithm in 2026, including a lower 100 mg/dL Target Glucose option and features designed for better glycemic control and improved connectivity. Beyond Omnipod 5, the company is developing Omnipod 6, slated for launch in 2027, and a fully closed-loop system specifically for Type 2 diabetes expected in 2028.
  • Expanded Continuous Glucose Monitor (CGM) Integrations: Insulet is broadening the compatibility of Omnipod 5 with leading CGM sensors, including Dexcom G6, G7, and Abbott's FreeStyle Libre 2 Plus. This expanded integration offers greater choice and flexibility to both users and healthcare providers, potentially increasing the addressable market for Omnipod 5.

AI Analysis | Feedback

Share Repurchases

  • In February 2026, Insulet's Board of Directors authorized an increase of $350 million to its existing share repurchase program, bringing the total authorization to $475 million and extending it through December 31, 2027. The company plans to allocate approximately $300 million toward repurchases in the first quarter of 2026.
  • As of February 16, 2026, $60 million had been repurchased under the previously authorized program.
  • During 2025, Insulet repurchased approximately 184,000 shares for $59.6 million.

Share Issuance

  • Insulet's shares outstanding increased by 1.94% in 2022 (from 2021), 5.33% in 2023 (from 2022), and 0.35% in 2024 (from 2023).
  • Shares outstanding for the quarter ending September 30, 2025, were 0.071 billion, reflecting a 4.45% decline year-over-year, suggesting the impact of share repurchases.

Outbound Investments

  • In February 2023, Insulet acquired the assets of Automated Glucose Control LLC (AGC) for $25 million. This acquisition included a license from the University of California and other intellectual property, which was integral to the development of Insulet's Omnipod® 5 Automated Insulin Delivery system.

Capital Expenditures

  • For 2024, capital expenditures were expected to increase compared to 2023, primarily driven by investments in machinery, equipment, and tooling for the new Malaysia manufacturing facility and continuous improvement efforts in other manufacturing locations, as well as investments in information technology infrastructure.
  • Capital expenditures were expected to be slightly higher in 2025 compared with 2024, to continue expanding and optimizing manufacturing and supply chain operations and support global expansion.
  • In the fourth quarter of 2025, capital expenditures grew meaningfully to $135 million, reflecting continued investment in manufacturing capacity, including further expansion of Malaysia operations and the start of development of a new facility in Costa Rica, which is expected to be operational in 2029.

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Peer Comparisons

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Financials

PODDMDTDXCMWSTTNDMABTMedian
NameInsulet MedtronicDexCom West Pha.Tandem D.Abbott L. 
Mkt Price165.3585.3983.45340.9619.50105.7095.55
Mkt Cap11.6109.431.924.11.3184.028.0
Rev LTM2,90136,3634,9693,3271,02846,5854,148
Op Inc LTM5076,8271,139723-647,346931
FCF LTM3885,4261,405437-397,824921
FCF 3Y Avg2685,270880379-666,751630
CFO LTM6197,3301,749662209,9051,205
CFO 3Y Avg4207,0541,20969748,947953

Growth & Margins

PODDMDTDXCMWSTTNDMABTMedian
NameInsulet MedtronicDexCom West Pha.Tandem D.Abbott L. 
Rev Chg LTM31.9%8.4%15.5%12.4%4.5%8.1%10.4%
Rev Chg 3Y Avg28.5%5.2%16.0%5.2%9.7%5.1%7.5%
Rev Chg Q33.9%9.9%13.1%13.8%5.5%13.0%13.0%
QoQ Delta Rev Chg LTM7.1%2.5%3.1%3.3%1.3%3.2%3.2%
Op Inc Chg LTM48.9%4.4%65.8%16.2%64.2%-2.2%32.5%
Op Inc Chg 3Y Avg298.5%5.8%39.5%1.6%23.8%6.5%15.1%
Op Mgn LTM17.5%18.8%22.9%21.7%-6.2%15.8%18.1%
Op Mgn 3Y Avg15.7%18.4%18.7%21.3%-14.5%16.4%17.4%
QoQ Delta Op Mgn LTM-0.0%0.1%1.5%0.3%10.3%-1.3%0.2%
CFO/Rev LTM21.3%20.2%35.2%19.9%1.9%21.3%20.7%
CFO/Rev 3Y Avg17.6%20.7%26.9%23.0%0.2%20.5%20.6%
FCF/Rev LTM13.4%14.9%28.3%13.1%-3.8%16.8%14.1%
FCF/Rev 3Y Avg11.3%15.5%19.5%12.4%-7.7%15.5%13.9%

Valuation

PODDMDTDXCMWSTTNDMABTMedian
NameInsulet MedtronicDexCom West Pha.Tandem D.Abbott L. 
Mkt Cap11.6109.431.924.11.3184.028.0
P/S4.03.06.47.31.33.94.0
P/Op Inc22.816.028.033.4-20.925.023.9
P/EBIT24.716.024.634.6-14.622.223.4
P/E38.222.831.942.7-14.133.932.9
P/CFO18.714.918.236.568.018.618.6
Total Yield2.6%7.7%3.1%2.6%-7.1%5.3%2.9%
Dividend Yield0.0%3.3%0.0%0.3%0.0%2.3%0.1%
FCF Yield 3Y Avg2.0%5.0%2.9%1.8%-3.9%3.6%2.4%
D/E0.10.30.00.00.60.20.1
Net D/E0.00.2-0.0-0.00.10.10.1

Returns

PODDMDTDXCMWSTTNDMABTMedian
NameInsulet MedtronicDexCom West Pha.Tandem D.Abbott L. 
1M Rtn0.5%2.6%17.1%-6.7%27.3%11.6%7.1%
3M Rtn-5.5%7.7%36.0%13.5%0.4%19.0%10.6%
6M Rtn-35.4%-15.6%14.3%47.7%-2.0%-2.0%-2.0%
12M Rtn-42.0%-1.3%5.3%43.0%26.6%-15.0%2.0%
3Y Rtn-37.7%11.5%-31.6%-7.0%-39.0%4.6%-19.3%
1M Excs Rtn3.4%7.7%21.1%-6.6%23.7%15.4%11.6%
3M Excs Rtn-7.8%2.5%36.2%10.8%-4.0%13.4%6.6%
6M Excs Rtn-42.7%-21.5%5.3%39.3%-8.8%-6.5%-7.6%
12M Excs Rtn-62.3%-21.5%-24.0%19.5%-0.7%-33.6%-22.8%
3Y Excs Rtn-105.1%-59.8%-100.2%-73.4%-110.2%-65.4%-86.8%

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Omnipod products2,6742,0331,661  
Drug Delivery3439365887
International Omnipod   363360
United States (US) Omnipod   885652
Total2,7082,0721,6971,3051,099


Price Behavior

Price Behavior
Market Price$165.35 
Market Cap ($ Bil)11.6 
First Trading Date05/15/2007 
Distance from 52W High-53.1% 
   50 Days200 Days
DMA Price$158.10$232.69
DMA Trenddowndown
Distance from DMA4.6%-28.9%
 3M1YR
Volatility48.2%40.1%
Downside Capture-116.6470.34
Upside Capture-121.73-8.22
Correlation (SPY)-30.4%7.8%
PODD Betas & Captures as of 7/31/2026

 1M2M3M6M1Y3Y
Beta-1.08-0.66-1.060.010.260.77
Up Beta-3.13-1.56-2.26-0.48-0.080.78
Down Beta0.410.100.14-0.020.420.75
Up Capture-30%-22%-89%-22%-5%27%
Bmk +ve Days11223567138427
Stock +ve Days13243358121378
Down Capture-173%-122%-142%77%81%99%
Bmk -ve Days11212859114326
Stock -ve Days9193068131374

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PODD
PODD-44.7%40.0%-1.38-
Sector ETF (XLV)22.8%15.9%1.1034.8%
Equity (SPY)18.8%12.9%1.078.2%
Gold (GLD)23.6%28.1%0.74-1.0%
Commodities (DBC)30.2%19.7%1.22-8.8%
Real Estate (VNQ)13.7%13.9%0.6926.5%
Bitcoin (BTCUSD)-46.8%43.0%-1.345.2%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PODD
PODD-9.7%43.0%-0.11-
Sector ETF (XLV)5.9%15.0%0.2239.6%
Equity (SPY)12.6%17.1%0.5640.6%
Gold (GLD)17.1%18.5%0.759.3%
Commodities (DBC)9.0%19.5%0.358.0%
Real Estate (VNQ)2.5%18.9%0.0339.2%
Bitcoin (BTCUSD)13.4%53.3%0.4320.9%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PODD
PODD17.1%42.6%0.51-
Sector ETF (XLV)9.9%16.6%0.4839.0%
Equity (SPY)15.0%17.9%0.7139.8%
Gold (GLD)11.3%16.1%0.578.8%
Commodities (DBC)7.3%18.0%0.3211.2%
Real Estate (VNQ)4.9%20.7%0.2033.3%
Bitcoin (BTCUSD)57.6%66.2%0.9811.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date7152026
Short Interest: Shares Quantity4.6 Mil
Short Interest: % Change Since 6302026-4.3%
Average Daily Volume1.3 Mil
Days-to-Cover Short Interest3.6 days
Basic Shares Quantity70.0 Mil
Short % of Basic Shares6.6%

Earnings Returns History

Updated 6/9/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/6/2026-9.7%-5.5%-12.6%
2/18/20264.8%-0.4%-6.5%
11/6/20252.8%7.1%-5.8%
8/7/20259.5%11.3%25.7%
5/8/202520.9%25.3%18.9%
2/20/2025-1.9%-7.4%-6.9%
11/7/20249.4%6.6%8.2%
8/8/2024-8.8%-2.4%9.7%
...
SUMMARY STATS   
# Positive131313
# Negative111111
Median Positive9.4%7.1%9.1%
Median Negative-6.6%-6.3%-7.1%
Max Positive22.6%25.3%38.1%
Max Negative-9.7%-16.8%-25.1%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/6/2026-9.7%-5.5%-12.6%
2/18/20264.8%-0.4%-6.5%
11/6/20252.8%7.1%-5.8%
8/7/20259.5%11.3%25.7%
5/8/202520.9%25.3%18.9%
2/20/2025-1.9%-7.4%-6.9%
11/7/20249.4%6.6%8.2%
8/8/2024-8.8%-2.4%9.7%
5/9/2024-6.6%4.4%8.2%
2/22/2024-6.6%-16.8%-16.7%
11/2/202315.8%8.9%38.1%
8/8/2023-3.6%-8.1%-25.1%
5/4/20232.0%-0.3%-11.8%
2/23/2023-1.1%-4.9%4.2%
11/3/202222.6%19.4%18.4%
8/4/20224.3%3.2%-0.6%
5/5/2022-9.4%-16.7%-6.6%
2/23/202210.6%17.3%9.0%
11/4/20212.1%4.3%-14.1%
8/5/2021-1.8%0.3%7.9%
5/6/2021-7.5%-10.7%9.1%
2/23/20210.6%2.0%1.1%
11/4/202010.5%10.9%11.9%
8/6/2020-1.2%-6.3%-7.1%
SUMMARY STATS   
# Positive131313
# Negative111111
Median Positive9.4%7.1%9.1%
Median Negative-6.6%-6.3%-7.1%
Max Positive22.6%25.3%38.1%
Max Negative-9.7%-16.8%-25.1%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/06/202610-Q
12/31/202502/18/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/09/202510-Q
12/31/202402/21/202510-K
09/30/202411/08/202410-Q
06/30/202408/09/202410-Q
03/31/202405/10/202410-Q
12/31/202302/23/202410-K
09/30/202311/03/202310-Q
06/30/202308/09/202310-Q
03/31/202305/05/202310-Q
12/31/202202/24/202310-K
09/30/202211/04/202210-Q
06/30/202208/05/202210-Q
Collapse to Preview
Report DateFiling DateFiling
03/31/202605/06/202610-Q
12/31/202502/18/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/09/202510-Q
12/31/202402/21/202510-K
09/30/202411/08/202410-Q
06/30/202408/09/202410-Q
03/31/202405/10/202410-Q
12/31/202302/23/202410-K
09/30/202311/03/202310-Q
06/30/202308/09/202310-Q
03/31/202305/05/202310-Q
12/31/202202/24/202310-K
09/30/202211/04/202210-Q
06/30/202208/05/202210-Q
03/31/202205/06/202210-Q
12/31/202102/24/202210-K
09/30/202111/05/202110-Q
06/30/202108/06/202110-Q
03/31/202105/07/202110-Q
12/31/202002/24/202110-K
09/30/202011/05/202010-Q
06/30/202008/07/202010-Q
03/31/202005/08/202010-Q
12/31/201902/26/202010-K
09/30/201911/06/201910-Q
06/30/201908/06/201910-Q

Recent Forward Guidance

Updated 7/8/2026

Latest: Q1 2026 Earnings Reported 5/6/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q2 2026 Total Revenue Growth20.0%21.0%22.0% -5.0%LoweredGuidance: 26.0% for Q1 2026
2026 Total Revenue Growth21.0%22.0%23.0% 1.0%RaisedGuidance: 21.0% for 2026
2026 Adjusted Operating Margin Expansion 1.0%  0.0%AffirmedGuidance: 1.0% for 2026
2026 Adjusted EPS Growth 25.0%  0.0%AffirmedGuidance: 25.0% for 2026

Prior: Q4 2025 Earnings Reported 2/18/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q1 2026 Revenue Growth25.0%26.0% -1.9%-0.5%Lower NewGuidance: 26.5% for Q4 2025
Q1 2026 Share Repurchases 300.00 Mil    
2026 Revenue Growth20.0%21.0% -26.3%-7.5%Lower NewGuidance: 28.5% for 2025
2026 Adjusted Operating Margin Change 1.0%  -16.2%Lower NewGuidance: 17.25% for 2025
2026 Adjusted EPS Growth 25.0%    

Q3 2025 Earnings Reported 11/6/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q4 2025 Total Revenue Growth25.0%26.5%28.0%   
2025 Total Revenue Growth28.0%28.5%29.0% 3.0%RaisedGuidance: 25.5% for 2025
2025 Gross Margin 71.0%    
2025 Adjusted Operating Margin17.3%17.25%17.5% 0.0%AffirmedGuidance: 17.25% for 2025

Insider Activity

Updated 7/7/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Stonesifer, Timothy C DirectBuy6042026143.512,790400,3931,297,474Form
2Borio, Luciana DirectSell6042026143.2741859,887620,216Form
3Weatherman, Elizabeth H DirectBuy6032026144.203,450497,4901,492,758Form
4Minogue, Michael R TrustBuy2262026246.232,030499,8474,304,839Form
5McEvoy, AshleyPresident and CEODirectBuy2232026239.354,3001,029,2053,330,795Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Stonesifer, Timothy C DirectBuy6042026143.512,790400,3931,297,474Form
2Borio, Luciana DirectSell6042026143.2741859,887620,216Form
3Weatherman, Elizabeth H DirectBuy6032026144.203,450497,4901,492,758Form
4Minogue, Michael R TrustBuy2262026246.232,030499,8474,304,839Form
5McEvoy, AshleyPresident and CEODirectBuy2232026239.354,3001,029,2053,330,795Form
6Frederick, Wayne AI DirectSell12162025293.091,851542,510632,488Form
7Stonesifer, Timothy C DirectBuy12082025311.73962299,8841,431,152Form
8Singh, PremSVP, Global OperationsDirectSell9092025347.49687238,7261,200,925Form
9Cousin, LaetitiaSVP, Reg, Quality & ComplianceDirectSell9092025348.81797278,0021,356,871Form
10Benjamin, EricEVP, CPXODirectSell8222025332.234,2631,416,2965,560,201Form
11Singh, PremSVP, Global OperationsDirectSell8082025320.001,343429,7601,325,760Form

Investor Activity (13F)

Updated Aug 3, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Ithaka Group LLC$5.9 Mil1.2%38Hold13F
Active Manager
Active Manager
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Ithaka Group LLC$5.9 Mil1.2%38Hold13F
Core Cache Last Updated: 8/2/2026