Insulet (PODD) official guidance

Based on our current share count and repurchase plans, we expect the 2026 ending balance of our diluted share count to be around 70 million shares.

We now expect our 2026 non-GAAP tax rate to be in the range of 21%-22%, reflecting the lower Q1 tax rate, favorable mix of earnings, and improved utilization of foreign tax credits.

We expect 2026 net interest expense to total approximately $40 million, primarily due to lower interest income, and we expect 2026 non-GAAP tax rate to be in the range of 22%-23%.

| Adjusted EPS Growth1 | | >30% | >25% |

Based on these factors, we continue to expect adjusted EPS to increase by more than 25% in 2026.

| Adjusted EPS Growth1 | | >25% | >25% |

| Adjusted EPS Growth1 | | >25% |

We expect free cash flow to be approximately flat from 2025 levels, supported by robust growth and continued margin expansion, partially offset by a ramp-up in capital expenditures to support our continued global manufacturing expansion plans.

We expect free cash flow to be approximately flat from 2025 levels, supported by robust growth and continued margin expansion, partially offset by a ramp-up in capital expenditures to support our continued global manufacturing expansion plans.

We expect 2026 net interest expense to total approximately $40 million, an increase of approximately $15 million, primarily due to lower interest income.

We expect 2026 net interest expense to total approximately $40 million, primarily due to lower interest income, and we expect 2026 non-GAAP tax rate to be in the range of 22%-23%.

| Adjusted Operating Margin1 | | ~100 bps YoY expansion | ~100 bps YoY expansion |

| Adjusted Operating Margin1 | | ~100 bps YoY expansion | ~100 bps YoY expansion |

| Adjusted Operating Margin1 | | | ~100 bps YoY expansion |

| International Omnipod | 33% - 35% | 3% | 30% - 32% |

| International Omnipod | 29% - 31% | 3% | 26% - 28% |

| International | 27% - 29% | 3% | 24% - 26% |

| International Omnipod | 26% - 28% | (2)% | 28% - 30% |

| Total Omnipod | 22% - 24% | 1% | 21% - 23% |

| Total Omnipod | 23% - 25% | 1% | 22% - 24% |

| Total Omnipod Products | 22% - 24% | 1% | 21% - 23% |

| Total Omnipod | 17.5% - 19.5% | (0.5)% | 18% - 20% |

| U.S. Omnipod | 17% - 19% | —% | 17% - 19% |

| U.S. Omnipod | 20% - 22% | —% | 20% - 22% |

| U.S. | 20% - 22% | —% | 20% - 22% |

| U.S. Omnipod | 14% - 16% | —% | 14% - 16% |

| Total | 21% - 23% | 1% | 20% - 22% |

| Total | 22% - 24% | 1% | 21% - 23% |

| Total | 21% - 23% | 1% | 20% - 22% |

| Total | 17% - 19% | (0.5)% | 17.5% - 19.5% |

| International Omnipod | 29% - 31% | 3% | 26% - 28% |

| International | 27% - 29% | 3% | 24% - 26% |

| U.S. Omnipod | 20% - 22% | —% | 20% - 22% |

| U.S. | 20% - 22% | —% | 20% - 22% |