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Tandem Diabetes Care TNDM California — NOL carryforwards subject to expiration

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506.50.0%

Other financials

Income statement

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Revenue$247.2M+5.5%
Gross profit$136.8M+15.5%
Operating income-$17.4M+85.6%
Net income-$20.4M+84.4%
EPS (diluted)-$0.30+84.8%

Balance sheet

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Cash & equivalents$179.3M+235%
Total debt$734.7M+49.0%
Total equity$132.4M-14.7%
Total assets$1.2B+25.1%

Cash flow

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Operating cash flow$11.1M+160%
CapEx$6.3M+111%
Free cash flow$4.8M+123%

Valuation

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Market cap$1.08B-19.8%
Enterprise value$1.64B-8.5%
P/S1.1×-0.3×

Profitability

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Gross margin54.9%+2.7pp
Operating margin-8.2%-2.9pp
Net margin-9.2%-3.1pp
FCF margin-0.8%-0.4pp

Returns & leverage

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Return on equity-65.7%-14.7pp
Debt / equity5.5×+2.4×
Current ratio3.6×+1.3×

Where this comes from

Reported directly by Tandem Diabetes Care in its filing.

Tagged under the XBRL concept tndm:OperatingLossCarryforwardsSubjectToExpiration.

The official record: Tandem Diabetes Care’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tandem Diabetes Care's california — NOL carryforwards subject to expiration?
Tandem Diabetes Care (TNDM) reported california — NOL carryforwards subject to expiration of $200.5M in Q4 2025.
How has Tandem Diabetes Care's california — NOL carryforwards subject to expiration changed year-over-year?
Tandem Diabetes Care's california — NOL carryforwards subject to expiration increased by 9.9% year-over-year, from $182.4M to $200.5M.
What does california — NOL carryforwards subject to expiration mean?
This metric represents the portion of state-level net operating loss carryforwards that are approaching their statutory expiration date. It highlights potential tax planning constraints and the urgency for the company to generate sufficient taxable income within the specific jurisdiction to utilize these assets. Monitoring this figure helps investors assess the risk of losing valuable tax shields due to time-based limitations.