Insulet Reports Second-Quarter Revenue Growth as Full-Year U.S. Omnipod Outlook Is Lowered
Article excerpt
The diabetes device maker exceeded second-quarter revenue guidance but reduced its full-year U.S. Omnipod sales growth forecast as it continues scaling in the type 2 diabetes market. Insulet (NASDAQ:PODD) reported second-quarter revenue growth of 23.5% to $801.7 million, exceeding its guidance range. Omnipod revenue increased 24.6%, led by 35.5% international growth, while U.S. Omnipod revenue rose 20.1%. The company lowered its full-year U.S. Omnipod growth outlook to 17%-19% from 20%-22%, reducing total revenue guidance to 20%-22%. Adjusted operating margin improved by more than 140 basis points, while adjusted EPS increased 41.5% year over year. Insulet continued expanding the Omnipod platform through new international launches, product enhancements, and clinical data supporting future automated insulin delivery technologies. Insulet (NASDAQ:PODD) reported second-quarter 2026 revenue of $801.7 million, up 23.5% from a year earlier and above the high end of its constant-currency guidance. Total Omnipod revenue reached $795.9 million, with U.S. sales climbing 20.1% to $544.1 million and international revenue increasing 35.5% to $251.8 million. Profitability also strengthened despite continued investment in growth. Net income increased to $95.0 million, or $1.37 per diluted share, compared with $22.5 million, or $0.32 per diluted share, a year ago. Adjusted net income rose...
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Operationally, the company expanded Omnipod 5 into Spain, making it available in its 20th market, introduced a next-generation automated insulin delivery algorithm with broader sensor compatibility, and presented new clinical data supporting both Omnipod 6 and its fully closed-loop technology for people with type 2 diabetes.