For the year ending 2025-12-31, PODD had -$237,300K decrease in cash & cash equivalents over the period. $377,700K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total revenue | - | 2,071,600 | - | - |
| Materials | - | 296,700 | - | - |
| Factory conversion | - | 176,900 | - | - |
| Depreciation and amortization | - | 25,900 | - | - |
| Other costs of revenue | - | 126,400 | - | - |
| Cost of revenue | - | 625,900 | - | - |
| Labor | - | 478,400 | - | - |
| Outside services | - | 260,500 | - | - |
| Depreciation and amortization | - | 47,000 | - | - |
| Other operating expenses | - | 350,900 | - | - |
| Operating income | - | 308,900 | - | - |
| Interest expense, net-Operating Segments | - | 3,200 | - | - |
| Other (expense) income, net-Operating Segments | - | -5,500 | - | - |
| Income tax benefit (expense)-Operating Segments | - | -118,100 | - | - |
| Net income | 247,100 | 418,300 | 206,300 | 4,600 |
| Depreciation and amortization | 90,400 | 80,800 | 72,800 | 63,200 |
| Stock-based compensation expense | 62,700 | 69,300 | 48,300 | 40,900 |
| Deferred income taxes | 62,200 | -136,900 | - | - |
| Non-cash interest expense | 6,200 | 7,300 | 6,700 | 5,800 |
| Loss on extinguishment of debt | -123,900 | - | 0 | 0 |
| Gain on derivative asset | 12,500 | - | - | - |
| Provision for credit losses | - | -200 | 2,300 | 4,200 |
| Provisions for credit losses | 5,400 | - | - | - |
| Unrealized loss (gain) on investments | - | -3,800 | - | - |
| Loss (gain) on investments | 0 | - | - | - |
| Other | 7,000 | 4,900 | -100 | 2,800 |
| Accounts receivable | - | - | 99,400 | 12,900 |
| Accounts receivable-Nonrelated Party | 253,200 | 16,900 | - | - |
| Accounts receivable related party | - | - | 54,800 | 38,900 |
| Accounts receivable-Related Party | -113,000 | -6,500 | - | - |
| Inventories | 10,600 | 32,400 | 53,600 | 49,100 |
| Prepaid expenses and other assets | 81,700 | 21,900 | 42,100 | 36,800 |
| Accounts payable | 49,200 | 2,200 | -11,000 | -2,400 |
| Accrued expenses and other liabilities | - | - | - | 133,900 |
| Accrued expenses and other liabilities-Nonrelated Party | 161,200 | 53,400 | 73,800 | - |
| Accrued expenses and other liabilities related party | - | - | - | 3,700 |
| Accrued expenses and other liabilities-Related Party | -1,000 | -7,900 | -3,500 | - |
| Net cash provided by operating activities | 569,300 | 430,300 | 145,700 | 119,000 |
| Capital expenditures | 191,600 | 124,900 | 75,600 | 122,900 |
| Investments in developed software | 19,200 | 9,100 | 8,500 | 12,900 |
| Acquisition of a business | - | 0 | 3,000 | 26,000 |
| Acquisition of other intangible assets | 8,600 | 0 | 25,100 | 21,500 |
| Cash paid for investments | 0 | 12,200 | 7,200 | 7,800 |
| Receipts from the maturity or sale of marketable securities | - | - | 0 | 0 |
| Cash paid for marketable securities | - | - | - | 0 |
| Other | 3,200 | - | - | - |
| Net cash used in investing activities | -222,700 | -146,200 | -119,400 | -191,100 |
| Proceeds from issuance of senior unsecured notes, net of issuance costs | 440,700 | - | - | - |
| Proceeds from issuance of term loan b, net of issuance costs | 15,500 | 130,000 | 0 | 0 |
| Repayment of term loan b | 20,500 | 137,200 | 5,000 | 5,000 |
| Proceeds from equipment financings, net | - | - | 0 | 0 |
| Repayment of equipment financings | 18,200 | 19,000 | 19,800 | 17,400 |
| Payment of debt issuance costs | - | - | 300 | 0 |
| Repayment of convertible senior notes | 1,052,200 | - | 0 | 0 |
| Proceeds from mortgage, net of issuance costs | - | - | - | 0 |
| Financing lease repayments | 0 | 22,700 | 0 | 15,300 |
| Repayment of mortgage | 60,900 | 2,400 | 2,200 | 2,100 |
| Proceeds from secured borrowing (note 5) | 49,900 | 45,500 | - | - |
| Repayment of secured borrowing (note 5) | 62,400 | 34,800 | - | - |
| Settlement of capped call options | 164,600 | - | - | - |
| Proceeds from issuance of common stock, net | - | - | - | 0 |
| Repurchase of common stock | 59,600 | - | - | - |
| Proceeds from exercise of stock options | 19,000 | 8,200 | 16,300 | 6,900 |
| Proceeds from issuance of common stock under employee stock purchase plan | 14,900 | 11,900 | 10,600 | 9,400 |
| Payment of withholding taxes in connection with vesting of restricted stock units | 25,900 | 7,600 | 13,200 | 16,800 |
| Other | 0 | 0 | - | - |
| Net cash used in financing activities | -595,300 | -28,100 | -13,600 | -40,300 |
| Effect of exchange rate changes on cash and cash equivalents | 11,500 | -6,800 | 1,800 | -4,300 |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | -237,300 | 249,200 | 14,500 | -116,700 |
| Cash and cash equivalents at beginning of period | 953,400 | 704,200 | 689,700 | 806,400 |
| Cash and cash equivalents at end of period | 716,100 | 953,400 | 704,200 | 689,700 |
INSULET CORP (PODD)
INSULET CORP (PODD)