Modular Medical, Inc.
Modular Medical, Inc. (Nasdaq: MODD) is a medical device company focused on designing, developing, and commercializing innovative insulin pumps using modernized technology to expand pump adoption among people with diabetes. The company's website is located at PivotPump.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Modular Medical, Inc. does
In the company’s own words
Modular Medical, Inc. (Nasdaq: MODD) is a medical device company focused on designing, developing, and commercializing innovative insulin pumps using modernized technology to expand pump adoption among people with diabetes. The company's website is located at PivotPump.com.
The company's core product is the Pivot insulin delivery system, a tubeless patch pump that integrates the infusion set into a removable, wearable device. The Pivot received FDA clearance in April 2026 and commenced commercial availability and initial patient shipments in June 2026. The company does not intend to commercialize its earlier MODD1 product, which received FDA clearance in September 2024. Modular Medical is pursuing a differentiated go-to-market strategy utilizing distributors to reach primary care physicians managing daily insulin users and a targeted direct sales force engaging diabetes educator practices.
The company targets two primary market segments: Type 1 diabetes patients and Type 2 diabetes patients requiring intensive insulin therapy. Modular Medical specifically focuses on a market segment it identifies as "Almost Pumpers"—insulin-requiring individuals aware of pump benefits but deterred by complexity, cost, and cumbersome design of existing products. The company estimates this addressable market at approximately $3 billion, representing roughly 32 percent of the Type 1 diabetes market.
Modular Medical's Pivot pump features a simplified one-button interface, holds a full 3-milliliter insulin capacity, requires only nine setup and refill steps every 72 hours compared to 42 steps for competitors, and incorporates reusable pump technology with disposable cartridges and infusion sets. The pump weighs 20 grams empty and operates without external controllers, charging requirements, or battery replacement.
The company has established its initial production line with Phillips Medisize, a Molex company, a tier-one medical device manufacturer. Modular Medical is pursuing Conformite Europeenne mark clearance for international expansion, with expected approval by the second quarter of 2027. The company intends to expand commercial activities across metropolitan markets in the United States by late 2026 and plans to develop future products with phone-based control and automated insulin delivery capabilities integrated with continuous glucose monitors.
Company details
- Sector
- Healthcare
- Industry
- Surgical & Medical Instruments
- Headquarters
- SAN DIEGO, CA
- Fiscal year end
- March
- CIK
- 1074871
- SIC
- 3841
Financial performance, year by year
Fiscal 2015–2026 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Modular Medical, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Modular Medical, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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