Tandem Diabetes Care, Inc. (TNDM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 247.22M | 290.38M | 249.25M | 240.68M | 234.42M | 282.65M | 363.29M | 221.91M | 191.67M | 196.8M | 185.62M | 195.92M | 169.38M | 220.5M | 204.55M | 200.26M | 175.91M | 210M | 179.63M | 172.14M |
| Revenue Growth % | 5.46% | 2.74% | -31.39% | 8.46% | 22.3% | 43.62% | 95.71% | 13.27% | 13.16% | -10.75% | -9.25% | -2.17% | -3.71% | 5% | 13.87% | 16.34% | 24.72% | 24.95% | 45.33% | 57.58% |
| Cost of Goods Sold | 110.43M | 122.92M | 114.96M | 114.82M | 116.02M | 125.19M | 238.64M | 109.12M | 97M | 103.5M | 95.87M | 94.18M | 86.48M | 104.98M | 100.12M | 98.32M | 84.81M | 96.27M | 82.88M | 79.69M |
| COGS % of Revenue | 44.67% | 42.33% | 46.12% | 47.71% | 49.49% | 44.29% | 65.69% | 49.17% | 50.61% | 52.59% | 51.65% | 48.07% | 51.05% | 47.61% | 48.95% | 49.09% | 48.22% | 45.84% | 46.14% | 46.29% |
| Gross Profit | 136.79M | 167.46M | 134.29M | 125.86M | 118.41M | 157.46M | 124.65M | 112.79M | 94.67M | 93.3M | 89.75M | 101.73M | 82.91M | 115.52M | 104.42M | 101.95M | 91.09M | 113.73M | 96.75M | 92.45M |
| Gross Margin % | 55.33% | 57.67% | 53.88% | 52.29% | 50.51% | 55.71% | 34.31% | 50.83% | 49.39% | 47.41% | 48.35% | 51.93% | 48.95% | 52.39% | 51.05% | 50.91% | 51.78% | 54.16% | 53.86% | 53.71% |
| Gross Profit Growth % | 15.52% | 6.35% | 7.73% | 11.58% | 25.07% | 68.77% | 38.88% | 10.87% | 14.19% | -19.24% | -14.05% | -0.21% | -8.99% | 1.58% | 7.94% | 10.27% | 24.3% | 25.59% | 48.13% | 69.98% |
| Operating Expenses | 154.22M | 159.17M | 154.35M | 177.66M | 239.28M | 158.04M | 150.75M | 143.57M | 136.35M | 128.35M | 121.3M | 140.54M | 210.72M | 133.3M | 151.92M | 114.19M | 106.43M | 100.99M | 89.03M | 87.02M |
| OpEx % of Revenue | 62.38% | 54.81% | 61.93% | 73.82% | 102.07% | 55.91% | 41.49% | 64.7% | 71.14% | 65.22% | 65.35% | 71.74% | 124.41% | 60.45% | 74.27% | 57.02% | 60.5% | 48.09% | 49.56% | 50.55% |
| Selling, General & Admin | 108.19M | 113.1M | 106.47M | 109.6M | 113.85M | 105.84M | 99.64M | 94.24M | 90.11M | 85.75M | 79.33M | 97.61M | 89.81M | 97.69M | 84.1M | 80.61M | 73.27M | 71.5M | 64.92M | 66.52M |
| SG&A % of Revenue | 43.76% | 38.95% | 42.72% | 45.54% | 48.57% | 37.44% | 27.43% | 42.47% | 47.01% | 43.57% | 42.74% | 49.82% | 53.02% | 44.3% | 41.12% | 40.25% | 41.65% | 34.05% | 36.14% | 38.64% |
| Research & Development | 46.03M | 46.07M | 47.88M | 48.12M | 125.43M | 52.2M | 51.11M | 49.33M | 46.24M | 42.6M | 41.97M | 42.93M | 120.91M | 35.61M | 67.81M | 33.57M | 33.16M | 29.49M | 24.1M | 20.5M |
| R&D % of Revenue | 18.62% | 15.86% | 19.21% | 19.99% | 53.51% | 18.47% | 14.07% | 22.23% | 24.13% | 21.65% | 22.61% | 21.91% | 71.38% | 16.15% | 33.15% | 16.76% | 18.85% | 14.04% | 13.42% | 11.91% |
| Other Operating Expenses | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -17.43M | 8.29M | -20.06M | -51.81M | -120.88M | -582K | -26.09M | -30.77M | -41.68M | -35.06M | -31.55M | -38.81M | -127.82M | -17.78M | -47.49M | -12.24M | -15.34M | 12.74M | 7.72M | 5.43M |
| Operating Margin % | -7.05% | 2.86% | -8.05% | -21.53% | -51.56% | -0.21% | -7.18% | -13.87% | -21.74% | -17.82% | -16.99% | -19.81% | -75.46% | -8.06% | -23.22% | -6.11% | -8.72% | 6.07% | 4.3% | 3.16% |
| Operating Income Growth % | 85.58% | 1525.09% | 23.11% | -68.36% | -190.03% | 98.34% | 17.28% | 20.7% | 67.39% | -97.21% | 33.58% | -217.08% | -733.34% | -239.57% | -715.19% | -325.31% | -373.83% | -31.74% | 865.11% | 145.13% |
| EBITDA | -17.43M | 12.79M | -15.57M | -47.44M | -116.57M | 3.66M | -21.88M | -26.67M | -37.63M | -31.03M | -27.52M | -34.54M | -124.42M | -14.14M | -43.98M | -8.69M | -11.71M | 16.26M | 11.12M | 8.87M |
| EBITDA Margin % | -7.05% | 4.4% | -6.25% | -19.71% | -49.73% | 1.3% | -6.02% | -12.02% | -19.63% | -15.77% | -14.83% | -17.63% | -73.46% | -6.41% | -21.5% | -4.34% | -6.66% | 7.74% | 6.19% | 5.15% |
| EBITDA Growth % | 85.04% | 249.14% | 28.85% | -77.92% | -209.73% | 111.81% | 20.49% | 22.8% | 69.75% | -119.49% | 37.43% | -297.69% | -962.52% | -186.95% | -495.55% | -197.9% | -4821.77% | -26.4% | 461.62% | 190.24% |
| D&A (Non-Cash Add-back) | 0 | 4.5M | 4.49M | 4.37M | 4.31M | 4.25M | 4.21M | 4.11M | 4.04M | 4.03M | 4.02M | 4.26M | 3.4M | 3.64M | 3.51M | 3.55M | 3.63M | 3.52M | 3.4M | 3.44M |
| EBIT | -17.43M | 6.76M | -23.08M | -55.19M | -120.73M | 1.88M | -20.75M | -27.95M | -38.1M | -29.6M | -26.59M | -33.02M | -122.51M | -15.04M | -45.77M | -11.87M | -15.36M | 12.22M | 6.93M | 5.15M |
| Net Interest Income | 2.2M | 941K | -2.06M | -2.54M | 2.84M | 2.65M | 3.48M | 1.03M | 3.42M | 3.75M | 816K | 4.18M | 4.23M | 1.62M | 132K | -768K | -1.14M | -1.56M | -1.48M | -1.09M |
| Interest Income | 0 | 3.02M | 0 | 0 | 4.19M | 4.51M | 5.34M | 2.82M | 5.31M | 5.55M | 5.66M | 5.78M | 5.87M | 3.2M | 1.71M | 769K | 381K | 0 | 31K | 418K |
| Interest Expense | -2.2M | 2.08M | 2.06M | 2.54M | 1.36M | 1.86M | 1.86M | 1.79M | 1.9M | 1.8M | 4.84M | 1.6M | 1.63M | 1.58M | 1.58M | 1.54M | 1.52M | 1.56M | 1.51M | 1.51M |
| Other Income/Expense | -2.44M | -3.61M | -5.08M | -5.91M | -1.21M | 598K | 3.48M | 1.03M | 2.15M | 3.75M | 816K | 4.18M | 4.23M | 1.66M | 144K | -711K | -1.1M | -1.59M | -1.87M | -1.36M |
| Pretax Income | -19.88M | 4.68M | -25.14M | -57.72M | -122.09M | 16K | -22.61M | -29.74M | -39.53M | -31.31M | -30.73M | -34.63M | -123.59M | -16.11M | -47.35M | -12.95M | -16.44M | 11.14M | 5.85M | 4.07M |
| Pretax Margin % | -8.04% | 1.61% | -10.09% | -23.98% | -52.08% | 0.01% | -6.22% | -13.4% | -20.62% | -15.91% | -16.55% | -17.68% | -72.96% | -7.31% | -23.15% | -6.47% | -9.35% | 5.31% | 3.26% | 2.36% |
| Income Tax | 516K | 5.27M | -3.98M | -5.32M | 8.47M | -739K | 637K | 1.07M | 3.19M | -1.31M | 2.23M | 1.15M | 287K | -261K | 1.62M | 2.11M | -1.72M | 337K | 54K | 61K |
| Effective Tax Rate % | -2.6% | 112.58% | 15.82% | 9.22% | -6.94% | -4618.75% | -2.82% | -3.6% | -8.06% | 4.18% | -7.26% | -3.31% | -0.23% | 1.62% | -3.42% | -16.26% | 10.49% | 3.02% | 0.92% | 1.5% |
| Net Income | -20.39M | -589K | -21.16M | -52.4M | -130.56M | 755K | -23.25M | -30.81M | -42.72M | -30M | -32.96M | -35.77M | -123.87M | -15.85M | -48.97M | -15.06M | -14.71M | 10.81M | 5.79M | 4.01M |
| Net Margin % | -8.25% | -0.2% | -8.49% | -21.77% | -55.69% | 0.27% | -6.4% | -13.89% | -22.29% | -15.25% | -17.76% | -18.26% | -73.13% | -7.19% | -23.94% | -7.52% | -8.37% | 5.15% | 3.23% | 2.33% |
| Net Income Growth % | 84.38% | -178.01% | 8.97% | -70.05% | -205.64% | 102.52% | 29.46% | 13.87% | 65.52% | -89.25% | 32.69% | -137.61% | -741.81% | -246.68% | -945.18% | -475.65% | -191.73% | -36.42% | 161.59% | 114.79% |
| Net Income (Continuing) | -20.39M | -589K | -21.16M | -52.4M | -130.56M | 755K | -23.25M | -30.81M | -42.72M | -30M | -32.96M | -35.77M | -123.87M | -15.85M | -48.97M | -15.06M | -14.71M | 10.81M | 5.79M | 4.01M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.30 | -0.01 | -0.31 | -0.78 | -1.97 | 0.01 | -0.35 | -0.47 | -0.65 | -0.46 | -0.51 | -0.55 | -1.92 | -0.25 | -0.76 | -0.23 | -0.23 | 0.16 | 0.09 | 0.06 |
| EPS Growth % | 84.77% | -176.32% | 11.43% | -65.96% | -203.08% | 102.48% | 31.37% | 14.55% | 66.15% | -84% | 32.89% | -139.13% | -734.78% | -256.25% | -944.44% | -483.33% | -184.65% | -27.27% | 160% | 113.33% |
| EPS (Basic) | -0.30 | -0.01 | -0.31 | -0.78 | -1.97 | 0.01 | -0.35 | -0.47 | -0.65 | -0.46 | -0.51 | -0.55 | -1.92 | -0.25 | -0.76 | -0.23 | -0.23 | 0.17 | 0.09 | 0.06 |
| Diluted Shares Outstanding | 68.4M | 68.01M | 67.65M | 67.05M | 66.4M | 66.16M | 65.54M | 64.99M | 65.33M | 65.37M | 65.12M | 64.83M | 64.55M | 64.38M | 64.24M | 64.08M | 63.88M | 65.93M | 64.78M | 65.66M |
| Basic Shares Outstanding | 68.4M | 68.01M | 67.65M | 67.05M | 66.4M | 65.94M | 65.54M | 64.99M | 65.33M | 65.37M | 65.12M | 64.83M | 64.55M | 64.38M | 64.24M | 64.08M | 63.88M | 63.65M | 63.17M | 62.72M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |