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Side-by-side financial comparison of Fossil Group, Inc. (FOSL) and TANDEM DIABETES CARE INC (TNDM). Click either name above to swap in a different company.

TANDEM DIABETES CARE INC is the larger business by last-quarter revenue ($290.4M vs $270.2M, roughly 1.1× Fossil Group, Inc.). TANDEM DIABETES CARE INC runs the higher net margin — -0.2% vs -14.8%, a 14.6% gap on every dollar of revenue. On growth, TANDEM DIABETES CARE INC posted the faster year-over-year revenue change (2.7% vs -21.1%). TANDEM DIABETES CARE INC produced more free cash flow last quarter ($3.1M vs $-22.5M). Over the past eight quarters, TANDEM DIABETES CARE INC's revenue compounded faster (23.1% CAGR vs -11.4%).

Fossil Group, Inc., is an American fashion design and manufacturer founded in 1984 by Tom Kartsotis and based in Richardson, Texas. Their brands include Fossil, Relic, Michele Watch, Skagen Denmark, WSI, and Zodiac Watches. Fossil also makes licensed accessories for brands such as BMW, Puma, Emporio Armani, Michael Kors, DKNY, Diesel, Kate Spade New York, Tory Burch, Chaps, and Armani Exchange.

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.

FOSL vs TNDM — Head-to-Head

Bigger by revenue
TNDM
TNDM
1.1× larger
TNDM
$290.4M
$270.2M
FOSL
Growing faster (revenue YoY)
TNDM
TNDM
+23.8% gap
TNDM
2.7%
-21.1%
FOSL
Higher net margin
TNDM
TNDM
14.6% more per $
TNDM
-0.2%
-14.8%
FOSL
More free cash flow
TNDM
TNDM
$25.6M more FCF
TNDM
$3.1M
$-22.5M
FOSL
Faster 2-yr revenue CAGR
TNDM
TNDM
Annualised
TNDM
23.1%
-11.4%
FOSL

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
FOSL
FOSL
TNDM
TNDM
Revenue
$270.2M
$290.4M
Net Profit
$-40.0M
$-589.0K
Gross Margin
49.0%
57.7%
Operating Margin
-8.0%
2.9%
Net Margin
-14.8%
-0.2%
Revenue YoY
-21.1%
2.7%
Net Profit YoY
-257.8%
-178.0%
EPS (diluted)
$-0.76
$0.02

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.

Revenue
FOSL
FOSL
TNDM
TNDM
Q4 25
$270.2M
$290.4M
Q3 25
$220.4M
$249.3M
Q2 25
$233.3M
$240.7M
Q1 25
$234.4M
Q4 24
$342.3M
$282.6M
Q3 24
$287.8M
$244.0M
Q2 24
$260.0M
$221.9M
Q1 24
$254.9M
$191.7M
Net Profit
FOSL
FOSL
TNDM
TNDM
Q4 25
$-40.0M
$-589.0K
Q3 25
$-2.1M
$-21.2M
Q2 25
$-17.9M
$-52.4M
Q1 25
$-130.6M
Q4 24
$-11.2M
$755.0K
Q3 24
$-31.9M
$-23.3M
Q2 24
$-38.8M
$-30.8M
Q1 24
$-24.3M
$-42.7M
Gross Margin
FOSL
FOSL
TNDM
TNDM
Q4 25
49.0%
57.7%
Q3 25
57.5%
53.9%
Q2 25
61.3%
52.3%
Q1 25
50.5%
Q4 24
53.9%
55.7%
Q3 24
49.4%
51.1%
Q2 24
52.6%
50.8%
Q1 24
52.4%
49.4%
Operating Margin
FOSL
FOSL
TNDM
TNDM
Q4 25
-8.0%
2.9%
Q3 25
3.9%
-9.2%
Q2 25
-2.9%
-21.5%
Q1 25
-51.6%
Q4 24
-4.8%
-0.2%
Q3 24
-8.5%
-10.7%
Q2 24
-13.1%
-13.9%
Q1 24
-11.5%
-21.7%
Net Margin
FOSL
FOSL
TNDM
TNDM
Q4 25
-14.8%
-0.2%
Q3 25
-1.0%
-8.5%
Q2 25
-7.7%
-21.8%
Q1 25
-55.7%
Q4 24
-3.3%
0.3%
Q3 24
-11.1%
-9.5%
Q2 24
-14.9%
-13.9%
Q1 24
-9.5%
-22.3%
EPS (diluted)
FOSL
FOSL
TNDM
TNDM
Q4 25
$-0.76
$0.02
Q3 25
$-0.04
$-0.31
Q2 25
$-0.33
$-0.78
Q1 25
$-1.97
Q4 24
$-0.15
$0.00
Q3 24
$-0.60
$-0.35
Q2 24
$-0.73
$-0.47
Q1 24
$-0.46
$-0.65

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FOSL
FOSL
TNDM
TNDM
Cash + ST InvestmentsLiquidity on hand
$79.2M
$292.7M
Total DebtLower is stronger
$169.1M
Stockholders' EquityBook value
$112.6M
$155.2M
Total Assets
$701.0M
$881.1M
Debt / EquityLower = less leverage
1.50×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FOSL
FOSL
TNDM
TNDM
Q4 25
$79.2M
$292.7M
Q3 25
$109.9M
$319.1M
Q2 25
$78.3M
$315.4M
Q1 25
$368.6M
Q4 24
$123.6M
$438.3M
Q3 24
$106.3M
$473.3M
Q2 24
$104.9M
$452.4M
Q1 24
$112.9M
$467.8M
Total Debt
FOSL
FOSL
TNDM
TNDM
Q4 25
$169.1M
Q3 25
$165.6M
Q2 25
$167.2M
Q1 25
Q4 24
$162.7M
Q3 24
$173.4M
Q2 24
$156.5M
Q1 24
$202.9M
Stockholders' Equity
FOSL
FOSL
TNDM
TNDM
Q4 25
$112.6M
$155.2M
Q3 25
$150.3M
$133.0M
Q2 25
$140.6M
$133.3M
Q1 25
$155.3M
Q4 24
$148.7M
$263.1M
Q3 24
$164.4M
$237.7M
Q2 24
$189.6M
$233.9M
Q1 24
$229.1M
$243.1M
Total Assets
FOSL
FOSL
TNDM
TNDM
Q4 25
$701.0M
$881.1M
Q3 25
$704.5M
$874.7M
Q2 25
$686.0M
$875.7M
Q1 25
$922.1M
Q4 24
$763.6M
$967.7M
Q3 24
$812.4M
$957.7M
Q2 24
$785.7M
$937.5M
Q1 24
$891.0M
$941.0M
Debt / Equity
FOSL
FOSL
TNDM
TNDM
Q4 25
1.50×
Q3 25
1.10×
Q2 25
1.19×
Q1 25
Q4 24
1.09×
Q3 24
1.06×
Q2 24
0.83×
Q1 24
0.89×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FOSL
FOSL
TNDM
TNDM
Operating Cash FlowLast quarter
$-22.2M
$9.8M
Free Cash FlowOCF − Capex
$-22.5M
$3.1M
FCF MarginFCF / Revenue
-8.3%
1.1%
Capex IntensityCapex / Revenue
0.1%
2.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-46.0M
$-29.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FOSL
FOSL
TNDM
TNDM
Q4 25
$-22.2M
$9.8M
Q3 25
$9.4M
$8.3M
Q2 25
$-60.4M
$-9.5M
Q1 25
$-18.3M
Q4 24
$30.5M
$10.7M
Q3 24
$-22.8M
$26.8M
Q2 24
$38.4M
$-5.3M
Q1 24
$622.0K
$-8.0M
Free Cash Flow
FOSL
FOSL
TNDM
TNDM
Q4 25
$-22.5M
$3.1M
Q3 25
$8.6M
$4.2M
Q2 25
$-60.6M
$-15.7M
Q1 25
$-21.2M
Q4 24
$28.5M
$7.6M
Q3 24
$-24.1M
$21.5M
Q2 24
$36.6M
$-11.7M
Q1 24
$-1.1M
$-12.5M
FCF Margin
FOSL
FOSL
TNDM
TNDM
Q4 25
-8.3%
1.1%
Q3 25
3.9%
1.7%
Q2 25
-26.0%
-6.5%
Q1 25
-9.1%
Q4 24
8.3%
2.7%
Q3 24
-8.4%
8.8%
Q2 24
14.1%
-5.3%
Q1 24
-0.4%
-6.5%
Capex Intensity
FOSL
FOSL
TNDM
TNDM
Q4 25
0.1%
2.3%
Q3 25
0.4%
1.6%
Q2 25
0.1%
2.6%
Q1 25
1.3%
Q4 24
0.6%
1.1%
Q3 24
0.4%
2.1%
Q2 24
0.7%
2.9%
Q1 24
0.7%
2.3%
Cash Conversion
FOSL
FOSL
TNDM
TNDM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
14.19×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FOSL
FOSL

Transferred At Point In Time$109.7M41%
Traditional Watches$91.3M34%
Other$50.8M19%
Leathers$9.5M4%
Jewelry$4.0M1%
Smartwatches$3.3M1%
Products Other$1.6M1%

TNDM
TNDM

Supplies And Other$150.3M52%
Pump$140.1M48%

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