Insulet FY2024 revenue $2.1B (+22%), beats guidance; GAAP EPS $5.78, adjusted $3.24

INSULET CORP

2024-FY EPS reported $5.78 revenue$2,071,600,000

FY2024 revenue $2.1B (+22.1% YoY), exceeds constant currency guidance of 20-21%.
GAAP net income $418.3M ($5.78/diluted) vs $206.3M prior year; includes $190.8M tax benefit.
Adjusted net income $230.4M ($3.24/diluted) vs $192.2M ($2.75) prior year.
Gross margin 69.8% (+150 bps); operating income $308.9M (14.9% of revenue).
Operating cash flow $430.3M, free cash flow $305.4M; both significantly improved.

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