TANDEM DIABETES CARE INC

TANDEM DIABETES CARE INCTNDMEarnings & Financial Report

Nasdaq · Health Care · Surgical & Medical Instruments & Apparatus

Tandem Diabetes Care, Inc. is an American medical device manufacturer based in San Diego, California. The company develops medical technologies for the treatment of diabetes and specifically insulin infusion therapy.

TNDM Q1 FY2026 Key Financial Metrics

Revenue

$247.2M

Gross Profit

$136.8M

Operating Profit

$93.0M

Net Profit

$-20.4M

Gross Margin

55.3%

Operating Margin

37.6%

Net Margin

-8.2%

YoY Growth

5.5%

EPS

$-0.30

TANDEM DIABETES CARE INC Q1 FY2026 Financial Summary

TANDEM DIABETES CARE INC reported revenue of $247.2M (up 5.5% YoY) for Q1 FY2026, with a net profit of $-20.4M (-8.2% margin). Cost of goods sold was $110.4M, operating expenses totaled $43.8M.

Key Financial Metrics

Total Revenue$247.2M
Net Profit$-20.4M
Gross Margin55.3%
Operating Margin37.6%
Report PeriodQ1 FY2026

TANDEM DIABETES CARE INC Annual Revenue by Year

TANDEM DIABETES CARE INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.0B).

YearAnnual Revenue
2025$1.0Bvs 2024
2024$940.2Mvs 2023
2023$747.7Mvs 2022
2022$801.2M

TANDEM DIABETES CARE INC Quarterly Revenue & Net Profit History

TANDEM DIABETES CARE INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q1 FY2026$247.2M+5.5%$-20.4M-8.2%
Q4 FY2025$290.4M+2.7%$-589.0K-0.2%
Q3 FY2025$249.3M+2.2%$-21.2M-8.5%
Q2 FY2025$240.7M+8.5%$-52.4M-21.8%
Q1 FY2025$234.4M+22.3%$-130.6M-55.7%
Q4 FY2024$282.6M+43.6%$755.0K0.3%
Q3 FY2024$244.0M+31.4%$-23.3M-9.5%
Q2 FY2024$221.9M+13.3%$-30.8M-13.9%

Income Statement

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Revenue$221.9M$244.0M$282.6M$234.4M$240.7M$249.3M$290.4M$247.2M
YoY Growth13.3%31.4%43.6%22.3%8.5%2.2%2.7%5.5%

Balance Sheet

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Assets$937.5M$957.7M$967.7M$922.1M$875.7M$874.7M$881.1M$1.15B
Liabilities$703.6M$720.0M$704.6M$766.9M$742.5M$741.7M$725.9M$1.02B
Equity$233.9M$237.7M$263.1M$155.3M$133.3M$133.0M$155.2M$132.4M

Cash Flow

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-5.3M$26.8M$10.7M$-18.3M$-9.5M$8.3M$9.8M