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Insulet develops and manufactures insulin delivery devices for people with diabetes, led by the Omnipod tubeless, waterproof insulin pump system. The pod is worn on the body to deliver insulin under the skin, and is controlled wirelessly by a personal diabetes manager; Omnipod 5 adds automated insulin delivery that adjusts dosing using CGM data. The key differences are a tubeless, tubing-free design and ongoing updates that integrate automated dosing with CGMs, supported by a global manufacturing and distribution network. The goal is to simplify diabetes management with easy-to-use, flexible insulin delivery and automated dosing that fit users’ daily lives.
Industries
Industrial & Manufacturing
Healthcare
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Acton, Massachusetts
Founded
2000
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Total Funding
$591.8M
Above
Industry Average
Funded Over
7 Rounds
Remote Work Options
Insulet reported second-quarter revenues of $801.7 million, up 23.5% year on year and exceeding analyst expectations by 1.9%. The diabetes care company, which makes tubeless insulin delivery systems, posted the fastest revenue growth among four patient monitoring stocks tracked. However, Insulet's revenue guidance for the next quarter significantly missed analyst expectations. Despite beating earnings per share estimates, the market reacted negatively to the results. The stock has fallen 11.6% since the earnings announcement and currently trades at $147.50. The patient monitoring sector posted strong second-quarter results overall, with revenues beating consensus estimates by 1.4% across the group. Share prices for the four companies tracked have risen 2% on average since reporting earnings.
Ashley McEvoy, CEO of Insulet Corporation, purchased 1,100 shares of the medical device company on 21 August for approximately $160,000. The purchase increased her direct holdings to 23,731 shares, valued at $3.52 million. The transaction follows a 55% decline in Insulet's stock price. McEvoy has led the company since April 2025. Insulet manufactures the Omnipod insulin delivery platform and reported trailing twelve-month revenue of $3.1 billion with net income of $375.3 million. In its latest quarter, Insulet posted 23% year-over-year sales growth on a constant currency basis, exceeding expectations. Management forecasts approximately 21% revenue growth for the full fiscal year, with particular strength in international markets. The company is focused on improving patient retention beyond the initial three months of treatment through enhanced personal guidance programmes.
Insulet reported second quarter revenue of $801.7 million, beating analyst estimates by 1.9% with 23.5% year-on-year growth. Adjusted EPS of $1.66 also exceeded expectations by 14.3%. However, the company's shares fell sharply as CEO Ashley McEvoy acknowledged lower-than-expected retention rates among new type 2 diabetes users. "We should have identified the issue sooner," McEvoy stated. Third quarter revenue guidance of $833.4 million came in below analyst estimates of $847.3 million. Operating margin declined to 16.2% from 18.7% in the prior year period. During the earnings call, analysts pressed management on type 2 diabetes trends and retention challenges. McEvoy pointed to the segment's size and unmet need, whilst COO Eric Benjamin cited early positive data from pilot programmes and the Omnipod Discover product.
Insulet faces securities suit: investors weigh options. Insulet: navigating choppy legal waters. Insulet Corporation, known among traders as PODD, has found itself staring down the barrel of a securities class action lawsuit. This isn't just some frivolous affair that'll drift away on the next breeze. Investors Hangout, LLC has got allegations flying around about violations of the big guns - Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. Toss in Rule 10b-5, and it's time to pop an aspirin, because this ride isn't for the faint-hearted. The accusations and what's at stake. Here's the crux: The complaint accuses Insulet of spinning a tale, one that might've pulled the wool over quite a few market eyes. There are claims they bungled their manufacturing processes, risking customer safety. Misleading? Potentially. Dangerous? Very possibly, yes. All this from February 21, 2025 to May 26, 2026, a period that's now under the legal microscope. With potential safety implications hanging in the balance, investors aren't taking these claims lightly. Imagine buying into a company that can't keep a steady grip on its manufacturing line. Not the kind of stock you wanna be caught holding the bag on, right? Investor actions: clock's ticking. If you laid your money down on PODD within the class period, there's a chance to step into the ring. The folks over at DJS Law Group are rallying the troops, with a deadline of August 31, 2026, dangling out there for potential lead plaintiff appointments. It's the kind of legal play where being proactive beats sitting on your thumbs. Why partner with DJS Law Group? These guys aren't messing around - they specialize in this sort of legal pugilism: securities class actions, heavyweight corporate governance cases, and, of course, those juicy M&A lifts. Let's be clear, Insulet might've slept on some controls, but you don't sleep on a firm whose clients include heavyweight hedge funds and alternative asset managers. Where do investors go from here? For the top dogs on Wall Street, a lawsuit like this signals more than a skirmish - it's an all-out conflict with significant implications. Shareholders need to keep their eyes peeled and ears open, considering all options on the table. Are Investors Hangout, LLC talking settlement somewhere down the road? Could be. Or maybe it drags on, forcing corrective actions and muddying Insulet's financial waters further. In these moments, due diligence isn't just a fancy phrase; it's the difference between cutting losses or potentially compounding them. Traders who've weathered the storm before know that while downturns sink some ships, they're golden opportunities for others. The final countdown. In the tumultuous world of trading, today's bloodbath might be tomorrow's blue sky. August 31, 2026, isn't just a date; it's an ultimatum - decide whether to dive in or step back. So, keep your brokerage accounts handy and your lawyer's number closer. The curtain's lifting on this legal showdown, and you better be ready to play your part in this high-stakes drama.
Insulet has lowered its 2026 revenue growth forecast to 20%-22% from 21%-23%, citing slower US sales of its Omnipod insulin pumps. Shares fell more than 12% in pre-market trading. The medical device maker cut its US Omnipod sales growth forecast to 17%-19% from 20%-22%, whilst raising its international forecast to 30%-32% from 26%-28%. CEO Ashley McEvoy said the outlook reflects learnings from scaling in type 2 diabetes. Second-quarter results beat expectations, with revenue rising 23.5% to $801.7 million and adjusted profit of $1.66 per share. Quarterly Omnipod sales increased 24.6% to $795.9 million. Analysts expressed concern about competitive pressures affecting future growth rates.
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Industries
Industrial & Manufacturing
Healthcare
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Acton, Massachusetts
Founded
2000
Find jobs on Simplify and start your career today