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NASDAQ · SURGICAL & MEDICAL INSTRUMENTS & APPARATUS · LARGE CAP

Tandem Diabetes Care Inc. TNDM

14 fiscal years on record · USD · FY2025 reported · SEC filings only
$1.0B
▲ 7.9% YoY
$-204.7M
$-29.7M
▼ 694.1% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Tandem Diabetes Care, Inc. offers durable insulin pumps designed for years of daily use, together with single-use supplies that are replaced every few days. It serves nearly 500,000 people living with diabetes in more than 25 countries worldwide. Its Tandem pump platforms include t:slim X2 and Tandem Mobi, both of which feature Control-IQ+ advanced hybrid closed-loop technology. Its insulin pumps are assembled, tested, and packaged at its facilities in San Diego, California. As of December 31, 2025, it had approximately 2,500 regular full-time employees, who primarily work in the United States, Canada, or Europe. Its headquarters are in San Diego, California, where its primary research and development and administrative functions are located, and where it also operates a manufacturing facility and a warehousing facility.

Written from the business description in Tandem Diabetes Care, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 19 February 2026. Every sentence was checked against that document before publication.

Growth

USD 1.0B
Revenue, FY2025 · full 14-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.0 · Net income -0.2
0.5B1.0B-0.1B-0.2B
201220152018202120242025
Compound annual growth
+8.2%
+15.3%
+30.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +15.3% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−20 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -18.5% · Net -20.2%
-500%-1000%
201220182025
ROE
FY2025 · ROE -97.9%
-50%-100%
201220182025
Three returns, three denominators.

Each USD of equity lost 98 cents this year.

Cash & shareholders

USD 0.00
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -29.7
40M80M-30M-60M
201220182025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 0.0
10M20M-10M-20M
2022202320242025

Total assetsUSD 881.1M
EquityUSD 155.2M
CashUSD 90.6M
Gross debtUSD 310.0M
Net debtUSD 219.4M
Current ratio2.55×

Net debt stands at 141% of equity.

The 14-year record

14 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
TNDM, 14-year financial record
Metric 20252024202320222021202020192018201720162015201420132012
Revenue $B1.00.90.70.80.70.50.40.20.10.10.10.00.00.0
Operating income $B−0.2−0.1−0.2−0.10.0−0.0−0.0−0.0−0.1−0.1−0.1−0.1−0.0−0.0
EBITDA $B−0.2−0.1−0.2−0.10.00.0−0.0−0.0−0.1−0.1−0.1−0.1−0.0−0.0
Income tax $B0.00.00.00.00.0−0.00.00.00.0−0.00.00.0◌◌
Net income $B−0.2−0.1−0.2−0.10.0−0.0−0.0−0.1−0.1−0.1−0.1−0.1−0.1−0.0
Free cash flow $B−0.00.0−0.10.00.1−0.00.0−0.0−0.1−0.1−0.1−0.1−0.1−0.0
EPS, diluted $−3.04−1.47−3.43−1.470.24−0.56−0.42−2.55−12.87−27.30−25.04−3.42−21.46−175.88
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend——————————————
ROE %−97.9−33.3−59.1−21.73.9−12.3−15.2———−122.7−93.5——
Shares out B0.070.070.070.060.060.060.060.060.010.030.030.020.02◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 68 reconciliationsAUDITED

Reconciled in 14 of the 14 fiscal years we could check. 12 checks were skipped: the balance sheet is not tagged before 2013. Five checks were skipped: EPS is not tagged before 2012. Five checks were skipped: revenue is not tagged before 2012.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivitySurgical & Medical Instruments & Apparatus
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2012

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