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Other financials

Income statement

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Revenue$254.6M+5.8%
Gross profit$144.8M+15.0%
Operating income-$13.8M+73.4%
Net income-$21.2M+59.6%
EPS (diluted)-$0.31+60.3%

Balance sheet

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Cash & equivalents$62.8M-2.0%
Total debt$739.3M+64.6%
Total equity$130.4M-2.2%
Total assets$1.2B+31.8%

Cash flow

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Operating cash flow-$34.6M-265%
CapEx$4.1M-34.7%
Free cash flow-$38.7M-146%

Valuation

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Market cap$1.56B+128%
Enterprise value$2.23B+109%
P/S1.5×+0.8×

Profitability

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Gross margin56%+3.5pp
Operating margin-4.4%-1.9pp
Net margin-6.1%-2.5pp
FCF margin-0.8%-0.4pp

Returns & leverage

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Return on equity-48%-17.5pp
Debt / equity5.7×+2.3×
Current ratio3.2×+0.7×

Where this comes from

Reported directly by Tandem Diabetes Care in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost.

The source filing: Tandem Diabetes Care’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:11 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001438133-26-000125
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Gross profit144,780125,855281,568244,262
Operating expenses:
Selling, general and administrative111,642109,596219,829223,449
Research and development46,93048,11892,96598,333
Acquired in-process research and development expenses75,217
Litigation and settlement expense19,95119,951
Total operating expenses158,572177,665312,794416,950
Operating loss(13,792)(51,810)(31,226)(172,688)

Item 1. Financial Statements.

FAQ

What is Tandem Diabetes Care's R&D?
Tandem Diabetes Care (TNDM) reported R&D of $46.93M in Q2 2026.
How has Tandem Diabetes Care's R&D changed year-over-year?
Tandem Diabetes Care's R&D decreased by 2.5% year-over-year, from $48.12M to $46.93M.
What is the long-term trend for Tandem Diabetes Care's R&D?
Over 4 years (2021 to 2025), Tandem Diabetes Care's R&D has grown at a 20.3% compound annual growth rate (CAGR), from $92.05M to $193.11M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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