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Side-by-side financial comparison of CMB.TECH NV (CMBT) and Insulet Corporation (PODD). Click either name above to swap in a different company.

Insulet Corporation is the larger business by last-quarter revenue ($783.7M vs $592.8M, roughly 1.3× CMB.TECH NV). CMB.TECH NV runs the higher net margin — 32.3% vs 13.0%, a 19.3% gap on every dollar of revenue. On growth, Insulet Corporation posted the faster year-over-year revenue change (31.2% vs -34.6%).

CMB.TECH, before October 2024 known as Euronav, is a crude oil tanker transport company, which consists of VLCCs, Suezmaxes and FSOs.

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.

CMBT vs PODD — Head-to-Head

Bigger by revenue
PODD
PODD
1.3× larger
PODD
$783.7M
$592.8M
CMBT
Growing faster (revenue YoY)
PODD
PODD
+65.7% gap
PODD
31.2%
-34.6%
CMBT
Higher net margin
CMBT
CMBT
19.3% more per $
CMBT
32.3%
13.0%
PODD

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
CMBT
CMBT
PODD
PODD
Revenue
$592.8M
$783.7M
Net Profit
$191.2M
$101.6M
Gross Margin
72.6%
Operating Margin
46.4%
18.7%
Net Margin
32.3%
13.0%
Revenue YoY
-34.6%
31.2%
Net Profit YoY
-63.3%
0.9%
EPS (diluted)
$1.01
$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.

Revenue
CMBT
CMBT
PODD
PODD
Q4 25
$783.7M
Q3 25
$706.3M
Q2 25
$649.1M
Q1 25
$569.0M
Q4 24
$592.8M
$597.5M
Q3 24
$543.9M
Q2 24
$488.5M
Q1 24
$441.7M
Net Profit
CMBT
CMBT
PODD
PODD
Q4 25
$101.6M
Q3 25
$87.6M
Q2 25
$22.5M
Q1 25
$35.4M
Q4 24
$191.2M
$100.7M
Q3 24
$77.5M
Q2 24
$188.6M
Q1 24
$51.5M
Gross Margin
CMBT
CMBT
PODD
PODD
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 24
69.5%
Operating Margin
CMBT
CMBT
PODD
PODD
Q4 25
18.7%
Q3 25
16.7%
Q2 25
18.7%
Q1 25
15.6%
Q4 24
46.4%
18.3%
Q3 24
16.2%
Q2 24
11.2%
Q1 24
12.9%
Net Margin
CMBT
CMBT
PODD
PODD
Q4 25
13.0%
Q3 25
12.4%
Q2 25
3.5%
Q1 25
6.2%
Q4 24
32.3%
16.9%
Q3 24
14.2%
Q2 24
38.6%
Q1 24
11.7%
EPS (diluted)
CMBT
CMBT
PODD
PODD
Q4 25
$1.42
Q3 25
$1.24
Q2 25
$0.32
Q1 25
$0.50
Q4 24
$1.01
$1.38
Q3 24
$1.08
Q2 24
$2.59
Q1 24
$0.73

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CMBT
CMBT
PODD
PODD
Cash + ST InvestmentsLiquidity on hand
$38.9M
Total DebtLower is stronger
$2.6B
$930.8M
Stockholders' EquityBook value
$1.2B
$1.5B
Total Assets
$3.9B
$3.2B
Debt / EquityLower = less leverage
2.20×
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBT
CMBT
PODD
PODD
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$38.9M
Q3 24
Q2 24
Q1 24
Total Debt
CMBT
CMBT
PODD
PODD
Q4 25
$930.8M
Q3 25
$934.9M
Q2 25
$939.0M
Q1 25
$1.6B
Q4 24
$2.6B
$1.3B
Q3 24
$1.4B
Q2 24
$1.4B
Q1 24
$1.4B
Stockholders' Equity
CMBT
CMBT
PODD
PODD
Q4 25
$1.5B
Q3 25
$1.4B
Q2 25
$1.5B
Q1 25
$1.3B
Q4 24
$1.2B
$1.2B
Q3 24
$1.1B
Q2 24
$998.4M
Q1 24
$790.7M
Total Assets
CMBT
CMBT
PODD
PODD
Q4 25
$3.2B
Q3 25
$3.0B
Q2 25
$3.5B
Q1 25
$3.5B
Q4 24
$3.9B
$3.1B
Q3 24
$3.0B
Q2 24
$2.9B
Q1 24
$2.6B
Debt / Equity
CMBT
CMBT
PODD
PODD
Q4 25
0.61×
Q3 25
0.68×
Q2 25
0.64×
Q1 25
1.21×
Q4 24
2.20×
1.07×
Q3 24
1.21×
Q2 24
1.36×
Q1 24
1.72×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CMBT
CMBT
PODD
PODD
Operating Cash FlowLast quarter
$204.4M
$183.3M
Free Cash FlowOCF − Capex
$48.2M
FCF MarginFCF / Revenue
6.2%
Capex IntensityCapex / Revenue
17.2%
Cash ConversionOCF / Net Profit
1.07×
1.80×
TTM Free Cash FlowTrailing 4 quarters
$377.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBT
CMBT
PODD
PODD
Q4 25
$183.3M
Q3 25
$125.7M
Q2 25
$196.5M
Q1 25
$63.8M
Q4 24
$204.4M
$147.7M
Q3 24
$98.5M
Q2 24
$96.5M
Q1 24
$87.6M
Free Cash Flow
CMBT
CMBT
PODD
PODD
Q4 25
$48.2M
Q3 25
$100.1M
Q2 25
$177.9M
Q1 25
$51.5M
Q4 24
$94.1M
Q3 24
$71.8M
Q2 24
$74.0M
Q1 24
$65.5M
FCF Margin
CMBT
CMBT
PODD
PODD
Q4 25
6.2%
Q3 25
14.2%
Q2 25
27.4%
Q1 25
9.1%
Q4 24
15.7%
Q3 24
13.2%
Q2 24
15.1%
Q1 24
14.8%
Capex Intensity
CMBT
CMBT
PODD
PODD
Q4 25
17.2%
Q3 25
3.6%
Q2 25
2.9%
Q1 25
2.2%
Q4 24
9.0%
Q3 24
4.9%
Q2 24
4.6%
Q1 24
5.0%
Cash Conversion
CMBT
CMBT
PODD
PODD
Q4 25
1.80×
Q3 25
1.43×
Q2 25
8.73×
Q1 25
1.80×
Q4 24
1.07×
1.47×
Q3 24
1.27×
Q2 24
0.51×
Q1 24
1.70×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CMBT
CMBT

Segment breakdown not available.

PODD
PODD

U.S.Omnipod$567.8M72%
International Omnipod$214.0M27%
Drug Delivery$1.9M0%

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