Tandem Diabetes Care, Inc. financials
Source: EDGAR filings · Built 2026-06-02T04:11:41Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -29.67M | 4.99M | -58.61M | 16.37M | 97.18M | -2.74M |
| EBITDA | -169.59M | -82.52M | -217.51M | -78.52M | 36.50M | 2.49M |
| Working Capital | 375.42M | 477.44M | 552.73M | 684.69M | 679.66M | 533.38M |
| Net Debt | 353.84M | 404.33M | 356.80M | 247.36M | 243.49M | 133.71M |
| Gross Margin | 53.81% | 52.07% | 49.17% | 51.54% | 53.53% | 52.23% |
| Operating Margin | -18.45% | -10.54% | -31.19% | -11.59% | 3.22% | -1.60% |
| Net Margin | -20.17% | -10.21% | -29.77% | -11.81% | 2.21% | -6.89% |
| Return on Equity (ROE) | -131.93% | -36.50% | -70.98% | -21.50% | 3.59% | -9.39% |
| Return on Assets (ROA) | -23.23% | -9.92% | -23.37% | -8.99% | 1.72% | -4.80% |
| Current Ratio | 2.55× | 2.93× | 3.83× | 5.14× | 6.15× | 6.14× |
| Debt-to-Equity | 2.86× | 1.80× | 1.33× | 0.95× | 0.73× | 0.62× |
| Effective Tax Rate | -2.22% | -4.52% | -1.07% | -1.88% | 2.11% | 5.24% |
| Cash Conversion Ratio | 0.05× | -0.25× | 0.14× | -0.53× | 7.15× | -0.72× |
| Accruals Ratio | -0.22× | -0.12× | -0.20× | -0.14× | -0.11× | -0.08× |
| SBC % of Revenue | 9.10% | 10.78% | 11.78% | 10.60% | 8.64% | 11.71% |
| CapEx Coverage | -0.49× | 1.26× | -1.19× | 1.48× | 7.85× | 0.90× |
| Free Cash Flow Per Share | $-0.44 | $0.08 | $-0.90 | $0.26 | $1.51 | $-0.04 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | — | — | 627.17× | — |
| P/FCF | — | 472.08× | — | 176.14× | 99.67× | — |
| FCF Yield | — | 0.21% | — | 0.57% | 1.00% | — |
| EV / EBITDA | — | — | — | — | 269.92× | 2445.04× |
| P/S | 1.48× | 2.54× | 2.59× | 3.62× | 13.67× | 11.96× |
| P/B | 9.67× | 9.07× | 6.18× | 6.59× | 22.18× | 16.28× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 1.01B | 940.20M | 747.72M | 801.22M | 702.80M | 498.83M |
| Cost of Goods and Services Sold | 468.72M | 450.63M | 380.03M | 388.23M | 326.58M | 238.31M |
| Gross Profit | 546.01M | 489.57M | 367.69M | 412.99M | 376.21M | 260.52M |
| Research and Development Expense | — | — | — | — | 92.05M | 63.57M |
| Selling, General and Administrative Expense | 444.99M | 389.82M | 352.50M | 335.68M | 261.51M | 204.90M |
| Operating Expenses | 733.27M | 588.70M | 600.92M | 505.83M | 353.56M | 268.48M |
| Operating Income (Loss) | -187.26M | -99.13M | -233.23M | -92.85M | 22.65M | -7.96M |
| Income Tax Expense (Benefit) | 4.44M | 4.16M | 2.36M | 1.74M | 335.00K | -1.90M |
| Net Income (Loss) Attributable to Parent | -204.71M | -96.03M | -222.61M | -94.59M | 15.57M | -34.38M |
| Earnings Per Share, Basic | $-3.04 | $-1.47 | $-3.43 | $-1.47 | $0.25 | $-0.56 |
| Weighted Average Number of Shares Outstanding, Basic | 67.28M | 65.45M | 64.97M | 64.15M | 63.00M | 60.99M |
| Earnings Per Share, Diluted | $-3.04 | $-1.47 | $-3.43 | $-1.47 | $0.24 | $-0.56 |
| Weighted Average Number of Shares Outstanding, Diluted | 67.28M | 65.45M | 64.97M | 64.15M | 64.35M | 60.99M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 90.63M | 69.23M | 58.87M | 172.52M | 71.18M | 94.61M |
| Assets, Current | 618.14M | 724.49M | 747.99M | 849.98M | 811.52M | 637.24M |
| Assets | 881.11M | 967.66M | 952.66M | 1.05B | 905.14M | 716.41M |
| Liabilities, Current | 242.72M | 247.05M | 195.26M | 165.29M | 131.86M | 103.85M |
| Long-term Debt, Excluding Current Maturities | 310.04M | 308.27M | 285.04M | — | — | — |
| Liabilities | 725.94M | 704.56M | 639.03M | 612.84M | 472.02M | 350.11M |
| Stockholders' Equity Attributable to Parent | 155.17M | 263.10M | 313.63M | 439.95M | 433.11M | 366.31M |
| Common Stock, Shares, Outstanding | 68.29M | 66.26M | 65.55M | 64.51M | 63.83M | 62.34M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -9.72M | 24.23M | -31.81M | 50.46M | 111.36M | 24.67M |
| Payments to Acquire Property, Plant, and Equipment | 19.95M | 19.23M | 26.80M | 34.10M | 14.18M | 27.41M |
| Net Cash Provided by (Used in) Investing Activities | 72.88M | -23.48M | -85.74M | 33.17M | -186.88M | -296.06M |
| Payments for Repurchase of Common Stock | 0 | 30.00M | 0 | 0 | — | — |
| Net Cash Provided by (Used in) Financing Activities | -43.37M | 8.37M | 4.11M | 16.88M | 51.93M | 314.44M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 4.79M | 3.10M | -32.77M | -36.95M | -21.24M | 7.65M |
| EBITDA | -12.93M | 12.79M | — | — | -116.57M | 3.66M |
| Working Capital | 639.14M | 375.42M | 364.40M | 363.13M | 375.26M | 477.44M |
| Net Debt | 555.41M | 353.84M | 357.34M | 384.90M | 439.63M | 404.33M |
| Gross Margin | 55.33% | 57.67% | 53.88% | 52.29% | 50.51% | 55.71% |
| Operating Margin | -7.05% | 2.86% | -9.17% | -21.53% | -51.56% | -0.21% |
| Net Margin | -8.25% | -0.20% | -8.49% | -21.77% | -55.69% | 0.27% |
| Return on Equity (ROE) | -15.40% | -0.38% | -15.92% | -39.31% | -84.07% | 0.29% |
| Return on Assets (ROA) | -1.77% | -0.07% | -2.42% | -5.98% | -14.16% | 0.08% |
| Current Ratio | 3.58× | 2.55× | 2.44× | 2.44× | 2.30× | 2.93× |
| Debt-to-Equity | 5.55× | 2.86× | 3.38× | 3.37× | 3.18× | 1.80× |
| Effective Tax Rate | -2.60% | 112.58% | 15.82% | 9.22% | -6.94% | -4618.75% |
| Cash Conversion Ratio | -0.54× | -16.62× | 0.92× | 0.53× | 0.14× | 14.19× |
| Accruals Ratio | -0.03× | -0.01× | -0.00× | -0.03× | -0.12× | -0.01× |
| SBC % of Revenue | 6.33% | 6.93% | 29.00% | 21.24% | 10.87% | 9.96% |
| CapEx Coverage | 1.76× | 1.46× | -1.47× | -3.03× | -6.16× | 3.49× |
| Free Cash Flow Per Share | $0.07 | $0.05 | $-0.48 | $-0.55 | $-0.32 | $0.12 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 247.22M | 290.38M | 249.25M | 240.68M | 234.42M | 282.65M |
| Cost of Goods and Services Sold | 110.43M | 122.92M | 114.96M | 114.82M | 116.02M | 125.19M |
| Gross Profit | 136.79M | 167.46M | 134.29M | 125.86M | 118.41M | 157.46M |
| Selling, General and Administrative Expense | 108.19M | 113.10M | 108.44M | 109.60M | 113.85M | 105.84M |
| Operating Expenses | 154.22M | 159.17M | 157.16M | 177.66M | 239.28M | 158.04M |
| Operating Income (Loss) | -17.43M | 8.29M | -22.86M | -51.81M | -120.88M | -581.00K |
| Income Tax Expense (Benefit) | 516.00K | 5.27M | -3.98M | -5.32M | 8.47M | -739.00K |
| Net Income (Loss) Attributable to Parent | -20.39M | -589.00K | -21.16M | -52.40M | -130.56M | 755.00K |
| Earnings Per Share, Basic | $-0.30 | $-0.01 | $-0.31 | $-0.78 | $-1.97 | $0.01 |
| Weighted Average Number of Shares Outstanding, Basic | 68.40M | 68.01M | 67.65M | 67.05M | 66.40M | 65.94M |
| Earnings Per Share, Diluted | $-0.30 | $-0.01 | $-0.31 | $-0.78 | $-1.97 | $0.01 |
| Weighted Average Number of Shares Outstanding, Diluted | 68.40M | 68.01M | 67.65M | 67.05M | 66.40M | 66.16M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 179.32M | 90.63M | 91.95M | 64.11M | 53.57M | 69.23M |
| Assets, Current | 887.10M | 618.14M | 616.94M | 614.82M | 663.43M | 724.49M |
| Assets | 1.15B | 881.11M | 874.65M | 875.74M | 922.14M | 967.66M |
| Liabilities, Current | 247.96M | 242.72M | 252.54M | 251.69M | 288.18M | 247.05M |
| Long-term Debt, Excluding Current Maturities | 601.77M | 310.04M | 309.59M | 309.15M | 308.70M | 308.27M |
| Liabilities | 1.02B | 725.94M | 741.69M | 742.45M | 766.85M | 704.56M |
| Stockholders' Equity Attributable to Parent | 132.40M | 155.17M | 132.97M | 133.28M | 155.29M | 263.10M |
| Common Stock, Shares, Outstanding | 68.50M | 68.29M | 67.77M | 67.53M | 66.57M | 66.26M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 11.05M | 9.79M | -19.51M | -27.77M | -18.28M | 10.72M |
| Payments to Acquire Property, Plant, and Equipment | 6.27M | 6.68M | 13.26M | 9.17M | 2.96M | 3.07M |
| Net Cash Provided by (Used in) Investing Activities | -195.45M | -14.98M | 87.85M | 67.32M | 9.19M | 5.01M |
| Payments for Repurchase of Common Stock | — | 0 | 0 | 0 | 0 | 0 |
| Net Cash Provided by (Used in) Financing Activities | 274.16M | 2.60M | -45.97M | -44.40M | -4.69M | 2.30M |
Raw XBRL tagging for a single filing
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Methodology
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