Tactile Systems Technology (TCMD) Tax Rate (2015 - 2026)
Tactile Systems Technology (TCMD) posted quarterly Tax Rate of 96.76% for Q1 2026, down 12378.0% year-over-year from N/an in Q1 2025, and down 311.46% quarter-over-quarter from 45.76% in Q4 2025.
Tactile Systems Technology (TCMD) Tax Rate (2015 - 2026) Analysis & Trends
Tactile Systems Technology (TCMD) has reported Tax Rate for 12 consecutive years, with 96.76% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 12378.0% year-over-year to 96.76%; the TTM figure through Mar 2026 stood at 41.36% (up 1444.0% YoY), while the FY2025 annual figure was 39.25%, up 1145.0% from the prior year.
- Tax Rate retreated to 96.76% in Q1 2026 per TCMD's latest filing, from 45.76% in the prior quarter.
- Across five years, Tax Rate topped out at 108.2% in Q2 2023 and bottomed at 193.8% in Q3 2023.
- Historically, Tax Rate has averaged 10.52% across 5 years, with a median of 27.98% in 2025.
- Annual changes were most pronounced in 2022 — Tax Rate plunged 139957 bps — and 2024, when it surged 22253 bps.
- Tactile Systems Technology's Tax Rate stood at 34.42% in 2022, then slipped by 12 bps to 30.28% in 2023, then retreated by 18 bps to 24.86% in 2024, then jumped by 84 bps to 45.76% in 2025, then sank by 311 bps to 96.76% in 2026.
- Business Quant data shows TCMD's Tax Rate at 96.76% in Q1 2026, 45.76% in Q4 2025, and 27.98% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 202.72 Bn | 197.12 Bn | 7.27 Bn | 39.11% |
| 2 | Stryker | 126.42 Bn | 122.94 Bn | 4.50 Bn | 18.41% |
| 3 | Medtronic | 119.75 Bn | 110.53 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 74.13 Bn | 73.60 Bn | 3.85 Bn | 14.62% |
| 5 | Edwards Lifesciences | 51.78 Bn | 47.53 Bn | 1.35 Bn | 53.56% |
| 6 | Dexcom | 35.29 Bn | 33.34 Bn | 830.00 Mn | 21.54% |
| 7 | GE HealthCare Technologies | 33.95 Bn | 31.85 Bn | 2.18 Bn | 17.17% |
| 8 | Koninklijke Philips | 26.22 Bn | 22.90 Bn | 4.55 Bn | -21.74% |
| 9 | Steris | 23.21 Bn | 22.73 Bn | 684.20 Mn | 26.51% |
| 10 | Tactile Systems Technology | 542.20 Mn | 457.42 Mn | 65.35 Mn | -5.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -5.66% |
| Jun 30, 2026 | -5.66% |
| Jun 30, 2026 | -5.66% |
| Mar 31, 2026 | -96.76% |
| Mar 31, 2026 | -96.76% |
| Mar 31, 2026 | -96.76% |
| Dec 31, 2025 | 45.76% |
| Dec 31, 2025 | 45.76% |
| Dec 31, 2025 | 45.76% |
| Sep 30, 2025 | 27.98% |
| Sep 30, 2025 | 27.98% |
| Sep 30, 2025 | 27.98% |
| Jun 30, 2025 | 28.89% |
| Jun 30, 2025 | 28.89% |
| Jun 30, 2025 | 28.89% |
| Mar 31, 2025 | 27.02% |
| Mar 31, 2025 | 27.02% |
| Mar 31, 2025 | 27.02% |
| Dec 31, 2024 | 24.86% |
| Dec 31, 2024 | 24.86% |