Tactile Systems Technology (TCMD) Operating Leases (2019 - 2026)
Tactile Systems Technology's Operating Leases came in at $11.27 million for Q2 2026, down 21.6% from $14.38 million a year earlier and down 5.6% from the prior quarter.
Tactile Systems Technology (TCMD) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Tactile Systems Technology's Operating Leases was $12.76 million, down 20.0% from FY2024.
- Operating Leases has declined in each of the last four years, with a five-year compound annual growth rate of -8.0% (FY2020 to FY2025).
- Going back by year, Operating Leases was $15.96 million in FY2024 (-13.5%), $18.44 million in FY2023 (-11.6%), $20.87 million in FY2022 (-10.7%) and $23.35 million in FY2021 (+20.5%).
- The Q2 2026 figure represents the lowest quarterly Operating Leases since Q2 2019.
- Year-over-year, Operating Leases has declined for 16 consecutive quarters, with an average decline of 17.3% over the last eight quarters.
- The fastest year-over-year change in Operating Leases over five years came in Q4 2021 (growth of 20.5%), and the weakest in Q2 2026 (a decline of 21.6%).
- Business Quant data shows TCMD's Operating Leases at $11.94 million (Q1 2026), $12.76 million (Q4 2025) and $13.59 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn |
| 10 | Tactile Systems Technology | 511.46 Mn | 217.20 Mn | 65.35 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.27 Mn |
| Mar 31, 2026 | 11.94 Mn |
| Dec 31, 2025 | 12.76 Mn |
| Sep 30, 2025 | 13.59 Mn |
| Jun 30, 2025 | 14.38 Mn |
| Mar 31, 2025 | 15.17 Mn |
| Dec 31, 2024 | 15.96 Mn |
| Sep 30, 2024 | 16.77 Mn |
| Jun 30, 2024 | 17.14 Mn |
| Mar 31, 2024 | 17.86 Mn |
| Dec 31, 2023 | 18.44 Mn |
| Sep 30, 2023 | 19.04 Mn |
| Jun 30, 2023 | 19.61 Mn |
| Mar 31, 2023 | 20.24 Mn |
| Dec 31, 2022 | 20.87 Mn |
| Sep 30, 2022 | 21.51 Mn |
| Jun 30, 2022 | 22.12 Mn |
| Mar 31, 2022 | 22.74 Mn |
| Dec 31, 2021 | 23.35 Mn |
| Sep 30, 2021 | 23.36 Mn |
Tactile Systems Technology Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=TCMD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "TCMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=TCMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();