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Insulet10-K: Customer concentration

Three distributors account for 78% of total revenue in 2025

What happened

Insulet has a high revenue concentration with three distributors representing 27%, 26%, and 25% of total revenue. This dependency creates significant risk and may drive initiatives to diversify sales channels or improve supply chain visibility and collaboration with these key partners.

Source

SEC EDGARFeb 18, 2026

Annual report (Form 10-K)

Insulet 10-K for FY2025

Filing excerpt

The percentages of total revenue for customers that represent 10% or more of total revenue was as follows: Years Ended December 31, 2025... Distributor A 27%... Distributor B 26%... Distributor C 25%

sec.gov/Archives/edgar/data/1145197/000114519726000028/podd-20251231.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-K: Customer concentration

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Feb 18, 2026

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The full record

From the Signal API record

Numbers

Percent
78% (Revenue from top 3 distributors (27% + 26% + 25%))

Details

CIK
1145197
Accession number
0001145197-26-000028
Filing year
2026
Why it matters
Diversification strategy
Signal category
Market

Extraction

Confidence
High
Relevance
80%
Sentiment
Neutral
Detected
Feb 24, 2026
signal_type
sec-10k
signal_subtype
customerConcentration

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/00dac0b1-a48e-459e-85b6-821b1e387564 returns this record as JSON. POST /v1/companies/enrich returns every signal for insulet.com.

{
  "signal_id": "00dac0b1-a48e-459e-85b6-821b1e387564",
  "signal_type": "sec-10k",
  "signal_subtype": "customerConcentration",
  "detected_at": "2026-02-24T09:29:25.523+00:00",
  "company": {
    "name": "Insulet",
    "domain": "insulet.com"
  },
  "data": {
    "detail": "Insulet has a high revenue concentration with three distributors representing 27%, 26%, and 25% of total revenue. This dependency creates significant risk and may drive initiatives to diversify sales channels or improve supply chain visibility and collaboration with these key partners.",
    "metrics": {
      "pct": 0.78,
      "pct_context": "Revenue from top 3 distributors (27% + 26% + 25%)"
    },
    "summary": "Three distributors account for 78% of total revenue in 2025",
    "excerpts": "The percentages of total revenue for customers that represent 10% or more of total revenue was as follows: Years Ended December 31, 2025... Distributor A 27%... Distributor B 26%... Distributor C 25%",
    "relevance": 0.8,
    "sentiment": "neutral",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1145197/000114519726000028/podd-20251231.htm",
    "filing_date": "2026-02-18",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Diversification strategy",
    "signal_category": "market"
  }
}

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