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Side-by-side financial comparison of CARTERS INC (CRI) 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 $757.8M, roughly 1.0× CARTERS INC). Insulet Corporation runs the higher net margin — 13.0% vs 1.5%, a 11.4% gap on every dollar of revenue. On growth, Insulet Corporation posted the faster year-over-year revenue change (31.2% vs -0.1%). Insulet Corporation produced more free cash flow last quarter ($48.2M vs $-144.1M).
Carter's, Inc. is a major American designer and marketer of children's apparel. It was founded in 1865 by William Carter.
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.
CRI vs PODD — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $757.8M | $783.7M |
| Net Profit | $11.6M | $101.6M |
| Gross Margin | 45.1% | 72.6% |
| Operating Margin | 3.8% | 18.7% |
| Net Margin | 1.5% | 13.0% |
| Revenue YoY | -0.1% | 31.2% |
| Net Profit YoY | -80.1% | 0.9% |
| EPS (diluted) | $0.32 | $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.
| Q4 25 | — | $783.7M | ||
| Q3 25 | $757.8M | $706.3M | ||
| Q2 25 | $585.3M | $649.1M | ||
| Q1 25 | $629.8M | $569.0M | ||
| Q4 24 | — | $597.5M | ||
| Q3 24 | — | $543.9M | ||
| Q2 24 | — | $488.5M | ||
| Q1 24 | — | $441.7M |
| Q4 25 | — | $101.6M | ||
| Q3 25 | $11.6M | $87.6M | ||
| Q2 25 | $446.0K | $22.5M | ||
| Q1 25 | $15.5M | $35.4M | ||
| Q4 24 | — | $100.7M | ||
| Q3 24 | — | $77.5M | ||
| Q2 24 | — | $188.6M | ||
| Q1 24 | — | $51.5M |
| Q4 25 | — | 72.6% | ||
| Q3 25 | 45.1% | 72.2% | ||
| Q2 25 | 48.1% | 69.7% | ||
| Q1 25 | 46.2% | 71.9% | ||
| Q4 24 | — | 72.1% | ||
| Q3 24 | — | 69.3% | ||
| Q2 24 | — | 67.7% | ||
| Q1 24 | — | 69.5% |
| Q4 25 | — | 18.7% | ||
| Q3 25 | 3.8% | 16.7% | ||
| Q2 25 | 0.7% | 18.7% | ||
| Q1 25 | 4.1% | 15.6% | ||
| Q4 24 | — | 18.3% | ||
| Q3 24 | — | 16.2% | ||
| Q2 24 | — | 11.2% | ||
| Q1 24 | — | 12.9% |
| Q4 25 | — | 13.0% | ||
| Q3 25 | 1.5% | 12.4% | ||
| Q2 25 | 0.1% | 3.5% | ||
| Q1 25 | 2.5% | 6.2% | ||
| Q4 24 | — | 16.9% | ||
| Q3 24 | — | 14.2% | ||
| Q2 24 | — | 38.6% | ||
| Q1 24 | — | 11.7% |
| Q4 25 | — | $1.42 | ||
| Q3 25 | $0.32 | $1.24 | ||
| Q2 25 | $0.01 | $0.32 | ||
| Q1 25 | $0.43 | $0.50 | ||
| Q4 24 | — | $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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $184.2M | — |
| Total DebtLower is stronger | — | $930.8M |
| Stockholders' EquityBook value | $864.6M | $1.5B |
| Total Assets | $2.5B | $3.2B |
| Debt / EquityLower = less leverage | — | 0.61× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $184.2M | — | ||
| Q2 25 | $338.2M | — | ||
| Q1 25 | $320.8M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $930.8M | ||
| Q3 25 | — | $934.9M | ||
| Q2 25 | — | $939.0M | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.4B |
| Q4 25 | — | $1.5B | ||
| Q3 25 | $864.6M | $1.4B | ||
| Q2 25 | $853.9M | $1.5B | ||
| Q1 25 | $847.2M | $1.3B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $998.4M | ||
| Q1 24 | — | $790.7M |
| Q4 25 | — | $3.2B | ||
| Q3 25 | $2.5B | $3.0B | ||
| Q2 25 | $2.5B | $3.5B | ||
| Q1 25 | $2.3B | $3.5B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | — | $3.0B | ||
| Q2 24 | — | $2.9B | ||
| Q1 24 | — | $2.6B |
| Q4 25 | — | 0.61× | ||
| Q3 25 | — | 0.68× | ||
| Q2 25 | — | 0.64× | ||
| Q1 25 | — | 1.21× | ||
| Q4 24 | — | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-128.0M | $183.3M |
| Free Cash FlowOCF − Capex | $-144.1M | $48.2M |
| FCF MarginFCF / Revenue | -19.0% | 6.2% |
| Capex IntensityCapex / Revenue | 2.1% | 17.2% |
| Cash ConversionOCF / Net Profit | -11.04× | 1.80× |
| TTM Free Cash FlowTrailing 4 quarters | — | $377.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $183.3M | ||
| Q3 25 | $-128.0M | $125.7M | ||
| Q2 25 | $40.3M | $196.5M | ||
| Q1 25 | $-48.6M | $63.8M | ||
| Q4 24 | — | $147.7M | ||
| Q3 24 | — | $98.5M | ||
| Q2 24 | — | $96.5M | ||
| Q1 24 | — | $87.6M |
| Q4 25 | — | $48.2M | ||
| Q3 25 | $-144.1M | $100.1M | ||
| Q2 25 | $24.1M | $177.9M | ||
| Q1 25 | $-59.0M | $51.5M | ||
| Q4 24 | — | $94.1M | ||
| Q3 24 | — | $71.8M | ||
| Q2 24 | — | $74.0M | ||
| Q1 24 | — | $65.5M |
| Q4 25 | — | 6.2% | ||
| Q3 25 | -19.0% | 14.2% | ||
| Q2 25 | 4.1% | 27.4% | ||
| Q1 25 | -9.4% | 9.1% | ||
| Q4 24 | — | 15.7% | ||
| Q3 24 | — | 13.2% | ||
| Q2 24 | — | 15.1% | ||
| Q1 24 | — | 14.8% |
| Q4 25 | — | 17.2% | ||
| Q3 25 | 2.1% | 3.6% | ||
| Q2 25 | 2.8% | 2.9% | ||
| Q1 25 | 1.6% | 2.2% | ||
| Q4 24 | — | 9.0% | ||
| Q3 24 | — | 4.9% | ||
| Q2 24 | — | 4.6% | ||
| Q1 24 | — | 5.0% |
| Q4 25 | — | 1.80× | ||
| Q3 25 | -11.04× | 1.43× | ||
| Q2 25 | 90.37× | 8.73× | ||
| Q1 25 | -3.13× | 1.80× | ||
| Q4 24 | — | 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
CRI
| Sales Channel Directly To Consumer | $362.3M | 48% |
| Sales Channel Through Intermediary | $283.8M | 37% |
| Other | $110.4M | 15% |
| Gift Cards | $1.3M | 0% |
PODD
| U.S.Omnipod | $567.8M | 72% |
| International Omnipod | $214.0M | 27% |
| Drug Delivery | $1.9M | 0% |
