XML 38 R28.htm IDEA: XBRL DOCUMENT v3.24.3
Revenue and Contract Acquisition Costs (Tables)
 9 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table summarizes the Company’s disaggregated revenue:
Three Months Ended September 30,Nine Months Ended September 30,
(in millions)2024202320242023
U.S. Omnipod$395.6 $320.6 $1,065.6 $856.4 
International Omnipod138.0 101.4 381.4 303.7 
Total Omnipod products
533.6 422.0 1,447.0 1,160.1 
Drug Delivery10.3 10.7 27.1 27.2 
Total revenue$543.9 $432.7 $1,474.1 $1,187.3 
Schedules of Concentration of Risk
The percentages of total revenue for customers that represent 10% or more of total revenue were as follows:
Three Months Ended September 30,Nine Months Ended September 30,

2024202320242023
Distributor A30 %26 %28 %27 %
Distributor B25 %23 %27 %23 %
Distributor C
19 %21 %22 %18 %
Distributor D
*11 %**
* Represents less than 10% of revenue for the period.
The percentages of total net accounts receivable trade for customers that represent 10% or more of total net accounts receivable trade were as follows:

September 30, 2024December 31, 2023
Distributor A34 %35 %
Distributor B26 %25 %
Distributor C
14 %18 %
Schedule of Deferred Revenue
Deferred revenue related to unsatisfied performance obligations was included in the following consolidated balance sheet accounts in the amounts shown:
(in millions)
September 30, 2024December 31, 2023
Accrued expenses and other current liabilities$22.8 $15.4 
Other liabilities2.0 1.9 
Total deferred revenue$24.8 $17.3 
Revenue recognized from amounts included in deferred revenue at the beginning of each respective period was as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(in millions)2024202320242023
Deferred revenue recognized$2.6 $3.0 $9.7 $15.2 
Schedule of Contract Acquisition Costs
Contract acquisition costs, representing capitalized commission costs related to new customers, net of amortization, were included in the following consolidated balance sheet captions in the amounts shown:
(in millions)September 30, 2024December 31, 2023
Prepaid expenses and other current assets$19.3 $16.6 
Other assets39.3 32.0 
Total capitalized contract acquisition costs, net$58.6 $48.6