PODD · 10-Q · 2026Q2 · Full report

Inventory Build and Manufacturing Expansion

INSULET CORP · 2026-08-05 · Importance 57 · Surprise 50

Insulet increased inventories by $34.9 million during the first six months of 2026 as part of a planned build to satisfy growing demand. Capital expenditures increased to $56.8 million, primarily for machinery, equipment and tooling at existing manufacturing facilities and initial investment in a new Costa Rica manufacturing plant. The company expects higher 2026 capital spending to support continued global manufacturing expansion, while improved manufacturing efficiencies supported quarterly gross-margin performance.

Key facts

• Inventories at June 30, 2026: $484.8 million (Raw materials $211.9; Work in process $60.0; Finished goods $212.9). source
• The working capital outflow was driven by a $76.9 million increase in accounts receivable, a $34.9 million increase in inventories, and a $28.1 million increase in prepaid expenses and other assets, partially offset by a $39.9 million increase in accounts payable. source
• The increase in inventories was primarily driven by a planned inventory build to satisfy our growing demand. source