Insulet Q3 revenue beats estimates on strong Omnipod sales
PODD•PODD•PODD•PODD•Insulet reported third-quarter revenue of $842 million, up 19% and above the $832.69 million estimate, while net income rose to $141.1 million from $111.3 million. It announced a $1 billion share buyback and expects 2026 revenue growth of 21% to 22% in constant currency.
Insulet said third-quarter revenue rose 19% to $842 million, beating the $832.69 million analyst estimate. Net income increased to $141.1 million from $111.3 million and also beat estimates; earnings per share were $2.03. The company attributed the revenue growth to strong Omnipod sales, international demand, new product launches and expanded engagement platforms.
The company announced a $1 billion share buyback, with $400 million planned for the fourth quarter of 2026. For full-year 2026, it expects revenue growth of 21% to 22% in constant currency, U.S. Omnipod revenue growth of 17.5% to 18.5%, and international Omnipod revenue growth of 32% to 33%.
