TACTILE SYSTEMS TECHNOLOGY INCTCMDEarnings & Financial Report
Dominion Voting Systems Corporation was a North American company that produced and sold electronic voting hardware and software, including voting machines and tabulators, in Canada and the United States.
Revenue
$61.3M
Gross Profit
$45.3M
Operating Profit
$-4.5M
Net Profit
$-3.0M
Gross Margin
74.0%
Operating Margin
-7.4%
Net Margin
-4.9%
YoY Growth
0.3%
EPS
$-0.13
TACTILE SYSTEMS TECHNOLOGY INC Q1 FY2025 Financial Summary
TACTILE SYSTEMS TECHNOLOGY INC reported revenue of $61.3M (up 0.3% YoY) for Q1 FY2025, with a net profit of $-3.0M (down 34.6% YoY) (-4.9% margin). Cost of goods sold was $15.9M, operating expenses totaled $49.9M.
Key Financial Metrics
| Total Revenue | $61.3M |
|---|---|
| Net Profit | $-3.0M |
| Gross Margin | 74.0% |
| Operating Margin | -7.4% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
TACTILE SYSTEMS TECHNOLOGY INC Q1 FY2025 revenue of $61.3M breaks down across 4 segments, led by Private Insurers at $28.9M (47.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Private Insurers | $28.9M | 47.2% |
| Medicare | $15.1M | 24.6% |
| Durable Medical Equipment Distributors | $10.7M | 17.5% |
| Veterans Administration | $6.5M | 10.7% |
TACTILE SYSTEMS TECHNOLOGY INC Revenue by Segment — Quarterly Trend
TACTILE SYSTEMS TECHNOLOGY INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Private Insurers and Medicare) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Private Insurers | $57.6M | $43.4M | $39.0M | $28.9M |
| Medicare | $24.6M | $21.4M | $19.4M | $15.1M |
| Durable Medical Equipment Distributors | $14.1M | $13.4M | $12.9M | $10.7M |
| Veterans Administration | $7.3M | $7.7M | $7.5M | $6.5M |
TACTILE SYSTEMS TECHNOLOGY INC Annual Revenue by Year
TACTILE SYSTEMS TECHNOLOGY INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $329.5M).
| Year | Annual Revenue |
|---|---|
| 2025 | $329.5M |
| 2024 | $293.0M |
| 2023 | $274.4M |
| 2022 | $246.8M |
TACTILE SYSTEMS TECHNOLOGY INC Quarterly Revenue & Net Profit History
TACTILE SYSTEMS TECHNOLOGY INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $103.6M | +21.0% | $10.6M | 10.3% |
| Q3 FY2025 | $85.8M | +17.3% | $8.2M | 9.6% |
| Q2 FY2025 | $78.9M | +7.8% | $3.2M | 4.1% |
| Q1 FY2025 | $61.3M | +0.3% | $-3.0M | -4.9% |
| Q4 FY2024 | $85.6M | +10.2% | $9.7M | 11.4% |
| Q3 FY2024 | $73.1M | +5.0% | $5.2M | 7.1% |
| Q2 FY2024 | $73.2M | +7.1% | $4.3M | 5.9% |
| Q1 FY2024 | $61.1M | +3.8% | $-2.2M | -3.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $61.1M | $73.2M | $73.1M | $85.6M | $61.3M | $78.9M | $85.8M | $103.6M |
| YoY Growth | 3.8% | 7.1% | 5.0% | 10.2% | 0.3% | 7.8% | 17.3% | 21.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $272.0M | $278.8M | $287.7M | $297.9M | $280.2M | $273.0M | $259.2M | $273.9M |
| Liabilities | $78.6M | $78.1M | $79.8M | $81.3M | $74.6M | $78.1M | $54.2M | $55.0M |
| Equity | $193.5M | $200.7M | $207.9M | $216.6M | $205.6M | $194.9M | $204.9M | $218.9M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $924000 | $13.1M | $10.3M | $16.3M | $417000 | $14.8M | $10.3M | $17.3M |