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Side-by-side financial comparison of BOYD GAMING CORP (BYD) and Insulet Corporation (PODD). Click either name above to swap in a different company.
BOYD GAMING CORP is the larger business by last-quarter revenue ($997.4M vs $783.7M, roughly 1.3× Insulet Corporation). Insulet Corporation runs the higher net margin — 13.0% vs 10.5%, a 2.5% gap on every dollar of revenue. On growth, Insulet Corporation posted the faster year-over-year revenue change (31.2% vs 0.6%). Over the past eight quarters, Insulet Corporation's revenue compounded faster (33.2% CAGR vs 1.5%).
Boyd Gaming Corporation is an American gambling and hospitality company based in Paradise, Nevada, US.
An insulin pump is a medical device used for the administration of insulin in the treatment of diabetes mellitus, also known as continuous subcutaneous insulin therapy . The device configuration may vary depending on design. A traditional pump includes:the pump a disposable reservoir for insulin a disposable infusion set, including a cannula for subcutaneous insertion and a tubing system to connect the insulin reservoir to the cannula.
BYD vs PODD — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $997.4M | $783.7M |
| Net Profit | $104.3M | $101.6M |
| Gross Margin | — | 72.6% |
| Operating Margin | 16.4% | 18.7% |
| Net Margin | 10.5% | 13.0% |
| Revenue YoY | 0.6% | 31.2% |
| Net Profit YoY | -5.9% | 0.9% |
| EPS (diluted) | $1.37 | $1.42 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $997.4M | — | ||
| Q4 25 | $1.1B | $783.7M | ||
| Q3 25 | $1.0B | $706.3M | ||
| Q2 25 | $1.0B | $649.1M | ||
| Q1 25 | $991.6M | $569.0M | ||
| Q4 24 | $1.0B | $597.5M | ||
| Q3 24 | $961.2M | $543.9M | ||
| Q2 24 | $967.5M | $488.5M |
| Q1 26 | $104.3M | — | ||
| Q4 25 | $140.4M | $101.6M | ||
| Q3 25 | $1.4B | $87.6M | ||
| Q2 25 | $151.5M | $22.5M | ||
| Q1 25 | $111.4M | $35.4M | ||
| Q4 24 | $170.5M | $100.7M | ||
| Q3 24 | $131.1M | $77.5M | ||
| Q2 24 | $139.8M | $188.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 72.6% | ||
| Q3 25 | — | 72.2% | ||
| Q2 25 | — | 69.7% | ||
| Q1 25 | — | 71.9% | ||
| Q4 24 | — | 72.1% | ||
| Q3 24 | — | 69.3% | ||
| Q2 24 | — | 67.7% |
| Q1 26 | 16.4% | — | ||
| Q4 25 | 15.7% | 18.7% | ||
| Q3 25 | 13.9% | 16.7% | ||
| Q2 25 | 23.4% | 18.7% | ||
| Q1 25 | 20.2% | 15.6% | ||
| Q4 24 | 25.1% | 18.3% | ||
| Q3 24 | 22.9% | 16.2% | ||
| Q2 24 | 23.5% | 11.2% |
| Q1 26 | 10.5% | — | ||
| Q4 25 | 13.2% | 13.0% | ||
| Q3 25 | 143.4% | 12.4% | ||
| Q2 25 | 14.6% | 3.5% | ||
| Q1 25 | 11.2% | 6.2% | ||
| Q4 24 | 16.4% | 16.9% | ||
| Q3 24 | 13.6% | 14.2% | ||
| Q2 24 | 14.5% | 38.6% |
| Q1 26 | $1.37 | — | ||
| Q4 25 | $1.60 | $1.42 | ||
| Q3 25 | $17.81 | $1.24 | ||
| Q2 25 | $1.84 | $0.32 | ||
| Q1 25 | $1.31 | $0.50 | ||
| Q4 24 | $1.89 | $1.38 | ||
| Q3 24 | $1.43 | $1.08 | ||
| Q2 24 | $1.47 | $2.59 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | — | $930.8M |
| Stockholders' EquityBook value | — | $1.5B |
| Total Assets | — | $3.2B |
| Debt / EquityLower = less leverage | — | 0.61× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $353.4M | — | ||
| Q3 25 | $319.1M | — | ||
| Q2 25 | $320.1M | — | ||
| Q1 25 | $311.5M | — | ||
| Q4 24 | $316.7M | — | ||
| Q3 24 | $286.3M | — | ||
| Q2 24 | $280.8M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $930.8M | ||
| Q3 25 | — | $934.9M | ||
| Q2 25 | $3.6B | $939.0M | ||
| Q1 25 | $3.5B | $1.6B | ||
| Q4 24 | $3.2B | $1.3B | ||
| Q3 24 | $3.1B | $1.4B | ||
| Q2 24 | $3.0B | $1.4B |
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | $1.5B | ||
| Q3 25 | $2.7B | $1.4B | ||
| Q2 25 | $1.4B | $1.5B | ||
| Q1 25 | $1.3B | $1.3B | ||
| Q4 24 | $1.6B | $1.2B | ||
| Q3 24 | $1.6B | $1.1B | ||
| Q2 24 | $1.7B | $998.4M |
| Q1 26 | — | — | ||
| Q4 25 | $6.6B | $3.2B | ||
| Q3 25 | $6.5B | $3.0B | ||
| Q2 25 | $6.6B | $3.5B | ||
| Q1 25 | $6.5B | $3.5B | ||
| Q4 24 | $6.4B | $3.1B | ||
| Q3 24 | $6.3B | $3.0B | ||
| Q2 24 | $6.3B | $2.9B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.61× | ||
| Q3 25 | — | 0.68× | ||
| Q2 25 | 2.56× | 0.64× | ||
| Q1 25 | 2.61× | 1.21× | ||
| Q4 24 | 2.01× | 1.07× | ||
| Q3 24 | 1.88× | 1.21× | ||
| Q2 24 | 1.73× | 1.36× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $183.3M |
| Free Cash FlowOCF − Capex | — | $48.2M |
| FCF MarginFCF / Revenue | — | 6.2% |
| Capex IntensityCapex / Revenue | — | 17.2% |
| Cash ConversionOCF / Net Profit | — | 1.80× |
| TTM Free Cash FlowTrailing 4 quarters | — | $377.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $275.3M | $183.3M | ||
| Q3 25 | $240.0M | $125.7M | ||
| Q2 25 | $205.0M | $196.5M | ||
| Q1 25 | $256.4M | $63.8M | ||
| Q4 24 | $262.1M | $147.7M | ||
| Q3 24 | $231.2M | $98.5M | ||
| Q2 24 | $213.1M | $96.5M |
| Q1 26 | — | — | ||
| Q4 25 | $127.0M | $48.2M | ||
| Q3 25 | $94.4M | $100.1M | ||
| Q2 25 | $80.6M | $177.9M | ||
| Q1 25 | $86.5M | $51.5M | ||
| Q4 24 | $150.9M | $94.1M | ||
| Q3 24 | $146.0M | $71.8M | ||
| Q2 24 | $98.7M | $74.0M |
| Q1 26 | — | — | ||
| Q4 25 | 12.0% | 6.2% | ||
| Q3 25 | 9.4% | 14.2% | ||
| Q2 25 | 7.8% | 27.4% | ||
| Q1 25 | 8.7% | 9.1% | ||
| Q4 24 | 14.5% | 15.7% | ||
| Q3 24 | 15.2% | 13.2% | ||
| Q2 24 | 10.2% | 15.1% |
| Q1 26 | — | — | ||
| Q4 25 | 14.0% | 17.2% | ||
| Q3 25 | 14.5% | 3.6% | ||
| Q2 25 | 12.0% | 2.9% | ||
| Q1 25 | 17.1% | 2.2% | ||
| Q4 24 | 10.7% | 9.0% | ||
| Q3 24 | 8.9% | 4.9% | ||
| Q2 24 | 11.8% | 4.6% |
| Q1 26 | — | — | ||
| Q4 25 | 1.96× | 1.80× | ||
| Q3 25 | 0.17× | 1.43× | ||
| Q2 25 | 1.35× | 8.73× | ||
| Q1 25 | 2.30× | 1.80× | ||
| Q4 24 | 1.54× | 1.47× | ||
| Q3 24 | 1.76× | 1.27× | ||
| Q2 24 | 1.52× | 0.51× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BYD
| Gaming | $650.5M | 65% |
| Online reimbursements | $135.4M | 14% |
| Food & beverage | $75.8M | 8% |
| Other | $63.5M | 6% |
| Room | $45.9M | 5% |
| Management fee | $26.2M | 3% |
PODD
| U.S.Omnipod | $567.8M | 72% |
| International Omnipod | $214.0M | 27% |
| Drug Delivery | $1.9M | 0% |
