Tandem Diabetes Care (TNDM) Operating Expenses (2013 - 2026)

Tandem Diabetes Care (TNDM) reported Operating Expenses of $154.2 million for Q1 2026, down 35.55% on a YoY basis from $239.3 million in Q1 2025, and down 3.11% quarter-over-quarter from $159.2 million in Q4 2025.

Tandem Diabetes Care (TNDM) Operating Expenses (2013 - 2026) Analysis & Trends

Tandem Diabetes Care has reported Operating Expenses for 14 years, with the latest figure at $154.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 35.55% year-over-year to $154.2 million; the trailing twelve-month figure through Mar 2026 stood at $648.2 million (down 6.28% YoY), and the FY2025 full-year result was $733.3 million, up 24.56% from the prior year.
  • Operating Expenses for Q1 2026 stood at $154.2 million, down from $159.2 million in the prior quarter.
  • The five-year high for Operating Expenses was $239.3 million in Q1 2025, with the low at $106.4 million in Q1 2022.
  • Historically, Operating Expenses has averaged $151.9 million across 5 years, with a median of $150.7 million in 2024.
  • Annual changes were most pronounced in 2023 — Operating Expenses soared 97.99% — and 2026, when it sank 35.55%.
  • Tandem Diabetes Care's Operating Expenses stood at $133.3 million in 2022, then slipped by 3.71% to $128.4 million in 2023, then grew by 23.12% to $158.0 million in 2024, then gained by 0.72% to $159.2 million in 2025, then decreased by 3.11% to $154.2 million in 2026.
  • The last three Operating Expenses figures came in at $154.2 million (Q1 2026), $159.2 million (Q4 2025), and $157.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 9.82 Bn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 2.87 Bn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 3.76 Bn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 822.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -668.50 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 495.00 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 1.46 Bn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 380.30 Mn
10 Tandem Diabetes Care 1.04 Bn 474.17 Mn 136.79 Mn 154.22 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 154.22 Mn
Dec 31, 2025 159.17 Mn
Sep 30, 2025 157.16 Mn
Jun 30, 2025 177.67 Mn
Mar 31, 2025 239.29 Mn
Dec 31, 2024 158.04 Mn
Sep 30, 2024 150.75 Mn
Jun 30, 2024 143.57 Mn
Mar 31, 2024 136.35 Mn
Dec 31, 2023 128.36 Mn
Sep 30, 2023 121.30 Mn
Jun 30, 2023 140.54 Mn
Mar 31, 2023 210.72 Mn
Dec 31, 2022 133.30 Mn
Sep 30, 2022 151.92 Mn
Jun 30, 2022 114.19 Mn
Mar 31, 2022 106.43 Mn
Dec 31, 2021 100.99 Mn
Sep 30, 2021 89.03 Mn
Jun 30, 2021 87.02 Mn