英速特公司 2025年季度报告

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the quarterly period endedSeptember 30, 2025 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF Commission File Number001-33462 INSULET CORPORATION (Exact name of Registrant as specified in its charter) Registrant’s Telephone Number, Including Area Code: (978)600-7000 Indicate by check mark whether the registrant: (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934 during the preceding12months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirements for the past90days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of RegulationS-T(§232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growthcompany. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule12b-2 of the ExchangeAct. Large accelerated filer☒Non-accelerated filer☐ Acceleratedfiler☐Smallerreportingcompany☐Emerginggrowth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financialaccounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐No☒ Securities registered pursuant to Section 12(b) of the Act: Trading Symbol(s)PODD As of October30, 2025, the registrant had70,346,898shares of common stock outstanding. TABLE OF CONTENTS PART I. FINANCIAL INFORMATION Item 1. Condensed Consolidated Financial Statements (Unaudited)3CondensedConsolidated Balance Sheets (Unaudited) as ofSeptember 30, 2025andDecember 31, 20243CondensedConsolidated Statements ofIncome(Unaudited) for thethree and nine months ended September 30, 2025 and 20244CondensedConsolidated Statements of Comprehensive Income (Unaudited) forthethree and nine months ended September 30, 2025 and20245CondensedConsolidated Statements of Stockholders' Equity (Unaudited) for thethree and nine months ended September 30, 2025 and 20246CondensedConsolidated Statements of Cash Flows (Unaudited) forthenine months ended September 30, 2025 and 20248Notes to Condensed Consolidated Financial Statements (Unaudited)9Item2. Management’s Discussion and Analysis of Financial Condition and Results of Operations20Item3. Quantitative and Qualitative Disclosures About Market Risk29Item4. Controls and Procedures29PART II. OTHER INFORMATIONItem1. Legal Proceedings30Item1A. Risk Factors30Item2. Unregistered Sales of Equity Securities and Use of Proceeds30Item3. Defaults Upon Senior Securities30Item4. Mine Safety Disclosures30Item5. Other Information30Item6. Exhibits31Signatures32 PART I - FINANCIAL INFORMATION Item1.Condensed Consolidated Financial Statements (Unaudited) INSULET CORPORATIONCONDENSED CONSOLIDATED BALANCE SHEETS(UNAUDITED) INSULET CORPORATIONCONDENSED CONSOLIDATED STATEMENTS OF INCOME(UNAUDITED) See notes to condensed consolidated financial statements. Amounts may not add due to rounding. INSULET CORPORATIONCONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY(UNAUDITED) INSULET CORPORATIONCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(UNAUDITED) INSULET CORPORATIONNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(UNAUDITED) Note 1.Basis of Presentation and Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited financial statements reflect the consolidated income of Insulet Corporation and its subsidiaries (“Insulet” orthe “Company”). The unaudited condensed financial statements have been prepared in United States dollars, in accordance with accountingprinciples generally accepted in the United States of America (“GAAP”). The preparation of the consolidated financial statements inconformity with GAAP requires management to make use of estimates and assumptions that affect the reported amounts of assets andliabilities, disclosure of contingent assets and liabilities, and the reported amounts of revenues and expenses. Actual results may differ fromthose estimates. In management’s opinion, the unaudited condensed financial statements contain all normal recurring adjustments necessaryfor a fair statement of the interim results reported. Operating results for the nine months ended September 30, 2025 are not necessarilyin