vs

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

Utz Brands, Inc. is the larger business by last-quarter revenue ($361.3M vs $247.2M, roughly 1.5× TANDEM DIABETES CARE INC). On growth, TANDEM DIABETES CARE INC posted the faster year-over-year revenue change (5.5% vs 2.6%). Over the past eight quarters, TANDEM DIABETES CARE INC's revenue compounded faster (5.5% CAGR vs -0.2%).

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.

Utz Brands, Inc., more commonly known as Utz, is an American snack food company based in Hanover, Pennsylvania. The company produces a variety of potato chips, pretzels, and other snacks, with most products sold under their family of brands. Utz is also a snack supplier to warehouse clubs and merchandisers.

TNDM vs UTZ — Head-to-Head

Bigger by revenue
UTZ
UTZ
1.5× larger
UTZ
$361.3M
$247.2M
TNDM
Growing faster (revenue YoY)
TNDM
TNDM
+2.8% gap
TNDM
5.5%
2.6%
UTZ
Faster 2-yr revenue CAGR
TNDM
TNDM
Annualised
TNDM
5.5%
-0.2%
UTZ

Income Statement — Q1 FY2026 vs Q1 FY2027

Metric
TNDM
TNDM
UTZ
UTZ
Revenue
$247.2M
$361.3M
Net Profit
$-20.4M
Gross Margin
55.3%
25.4%
Operating Margin
37.6%
2.2%
Net Margin
-8.2%
Revenue YoY
5.5%
2.6%
Net Profit YoY
EPS (diluted)
$-0.30
$-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
TNDM
TNDM
UTZ
UTZ
Q1 26
$247.2M
$361.3M
Q4 25
$290.4M
Q3 25
$249.3M
Q2 25
$240.7M
Q1 25
$234.4M
Q4 24
$282.6M
$341.0M
Q3 24
$244.0M
$365.5M
Q2 24
$221.9M
$356.2M
Net Profit
TNDM
TNDM
UTZ
UTZ
Q1 26
$-20.4M
Q4 25
$-589.0K
Q3 25
$-21.2M
Q2 25
$-52.4M
Q1 25
$-130.6M
Q4 24
$755.0K
$2.3M
Q3 24
$-23.3M
$-2.2M
Q2 24
$-30.8M
$19.8M
Gross Margin
TNDM
TNDM
UTZ
UTZ
Q1 26
55.3%
25.4%
Q4 25
57.7%
Q3 25
53.9%
Q2 25
52.3%
Q1 25
50.5%
Q4 24
55.7%
25.5%
Q3 24
51.1%
26.9%
Q2 24
50.8%
26.7%
Operating Margin
TNDM
TNDM
UTZ
UTZ
Q1 26
37.6%
2.2%
Q4 25
2.9%
Q3 25
-9.2%
Q2 25
-21.5%
Q1 25
-51.6%
Q4 24
-0.2%
2.1%
Q3 24
-10.7%
5.3%
Q2 24
-13.9%
6.3%
Net Margin
TNDM
TNDM
UTZ
UTZ
Q1 26
-8.2%
Q4 25
-0.2%
Q3 25
-8.5%
Q2 25
-21.8%
Q1 25
-55.7%
Q4 24
0.3%
0.7%
Q3 24
-9.5%
-0.6%
Q2 24
-13.9%
5.6%
EPS (diluted)
TNDM
TNDM
UTZ
UTZ
Q1 26
$-0.30
$-0.02
Q4 25
$0.02
Q3 25
$-0.31
Q2 25
$-0.78
Q1 25
$-1.97
Q4 24
$0.00
$0.04
Q3 24
$-0.35
$-0.03
Q2 24
$-0.47
$0.23

Balance Sheet & Financial Strength

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

Metric
TNDM
TNDM
UTZ
UTZ
Cash + ST InvestmentsLiquidity on hand
$570.3M
$73.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$132.4M
$709.5M
Total Assets
$1.2B
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TNDM
TNDM
UTZ
UTZ
Q1 26
$570.3M
$73.7M
Q4 25
$292.7M
Q3 25
$319.1M
Q2 25
$315.4M
Q1 25
$368.6M
Q4 24
$438.3M
$56.1M
Q3 24
$473.3M
$64.9M
Q2 24
$452.4M
$66.6M
Total Debt
TNDM
TNDM
UTZ
UTZ
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$768.6M
Q3 24
$780.8M
Q2 24
$797.6M
Stockholders' Equity
TNDM
TNDM
UTZ
UTZ
Q1 26
$132.4M
$709.5M
Q4 25
$155.2M
Q3 25
$133.0M
Q2 25
$133.3M
Q1 25
$155.3M
Q4 24
$263.1M
$696.9M
Q3 24
$237.7M
$685.7M
Q2 24
$233.9M
$686.0M
Total Assets
TNDM
TNDM
UTZ
UTZ
Q1 26
$1.2B
$2.8B
Q4 25
$881.1M
Q3 25
$874.7M
Q2 25
$875.7M
Q1 25
$922.1M
Q4 24
$967.7M
$2.7B
Q3 24
$957.7M
$2.6B
Q2 24
$937.5M
$2.7B
Debt / Equity
TNDM
TNDM
UTZ
UTZ
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
1.10×
Q3 24
1.14×
Q2 24
1.16×

Cash Flow & Capital Efficiency

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

Metric
TNDM
TNDM
UTZ
UTZ
Operating Cash FlowLast quarter
$-12.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
2.5%
3.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TNDM
TNDM
UTZ
UTZ
Q1 26
$-12.2M
Q4 25
$9.8M
Q3 25
$8.3M
Q2 25
$-9.5M
Q1 25
$-18.3M
Q4 24
$10.7M
$54.2M
Q3 24
$26.8M
$52.2M
Q2 24
$-5.3M
$8.9M
Free Cash Flow
TNDM
TNDM
UTZ
UTZ
Q1 26
Q4 25
$3.1M
Q3 25
$4.2M
Q2 25
$-15.7M
Q1 25
$-21.2M
Q4 24
$7.6M
$16.5M
Q3 24
$21.5M
$29.1M
Q2 24
$-11.7M
$-15.3M
FCF Margin
TNDM
TNDM
UTZ
UTZ
Q1 26
Q4 25
1.1%
Q3 25
1.7%
Q2 25
-6.5%
Q1 25
-9.1%
Q4 24
2.7%
4.8%
Q3 24
8.8%
8.0%
Q2 24
-5.3%
-4.3%
Capex Intensity
TNDM
TNDM
UTZ
UTZ
Q1 26
2.5%
3.8%
Q4 25
2.3%
Q3 25
1.6%
Q2 25
2.6%
Q1 25
1.3%
Q4 24
1.1%
11.1%
Q3 24
2.1%
6.3%
Q2 24
2.9%
6.8%
Cash Conversion
TNDM
TNDM
UTZ
UTZ
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
14.19×
23.67×
Q3 24
Q2 24
0.45×

Financial Flow Comparison

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

Related Comparisons