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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 544M | 11.3% |
| Gross Profit | 377M | 14% |
| Cost of Revenue | 167M | 5.8% |
| Operating expense | 292M | 4.8% |
| Net Income | 78M | 58.9% |
| EBITDA | 91M | 58.9% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 3.03B | 5% |
| Total Liabilities | 1.91B | 1.3% |
| Total Equity | 1.12B | 12% |
| Shares Outstanding | 70M | 0% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 99M | 2.1% |
| Cash from investing | -29M | 17.7% |
| Cash from financing | 7.8M | 966.7% |
EPS
Financial Highlights for Insulet in Q3 '24
Insulet reported a revenue of 544M, which is a 11.3% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 377M, marking a 14% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 167M, a 5.8% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 292M, showing a 4.8% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 78M, showing a -58.9% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 91M, showing a 58.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Insulet faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
