Tandem Diabetes Care (TNDM) Operating Expenses (2013 - 2026)
Tandem Diabetes Care posted quarterly Operating Expenses of $154.2 million for Q1 2026, down 35.55% year-on-year from $239.3 million in Q1 2025, and down 3.11% on a QoQ basis from $159.2 million in Q4 2025.
Tandem Diabetes Care (TNDM) has 14 years of Operating Expenses data on file, last reported 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.
- Across five years, Operating Expenses topped out at $239.3 million in Q1 2025 and bottomed at $106.4 million in Q1 2022.
- The 5-year median for Operating Expenses is $150.7 million (2024), against an average of $151.9 million.
- The widest annual swing landed in 2023, when Operating Expenses soared 97.99%; it then tumbled 35.55% in 2026.
- A 5-year view of Operating Expenses shows it stood at $133.3 million in 2022, then dropped by 3.71% to $128.4 million in 2023, then increased by 23.12% to $158.0 million in 2024, then advanced by 0.72% to $159.2 million in 2025, then slipped 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 | 152.82 Bn | 146.17 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 3.76 Bn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 822.60 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -668.50 Mn |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 495.00 Mn |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 380.30 Mn |
| 10 | Tandem Diabetes Care | 1.31 Bn | 739.55 Mn | 136.79 Mn | 154.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 76.52 Mn |
| Dec 31, 2020 | 71.89 Mn |
| Sep 30, 2020 | 66.32 Mn |
| Jun 30, 2020 | 66.43 Mn |
| Mar 31, 2020 | 63.83 Mn |
| Dec 31, 2019 | 58.13 Mn |
| Sep 30, 2019 | 56.69 Mn |
| Jun 30, 2019 | 51.77 Mn |
| Mar 31, 2019 | 44.35 Mn |
| Dec 31, 2018 | 40.98 Mn |
| Sep 30, 2018 | 37.51 Mn |
| Jun 30, 2018 | 29.08 Mn |
| Mar 31, 2018 | 26.89 Mn |
| Dec 31, 2017 | 27.05 Mn |
| Sep 30, 2017 | 25.04 Mn |
| Jun 30, 2017 | 26.97 Mn |
| Mar 31, 2017 | 27.98 Mn |
| Dec 31, 2016 | 23.41 Mn |
| Sep 30, 2016 | 26.84 Mn |
| Jun 30, 2016 | 25.23 Mn |
| Mar 31, 2016 | 26.17 Mn |
| Dec 31, 2015 | 24.68 Mn |
| Sep 30, 2015 | 24.22 Mn |
| Jun 30, 2015 | 23.47 Mn |
| Mar 31, 2015 | 23.22 Mn |
| Dec 31, 2014 | 24.04 Mn |
| Sep 30, 2014 | 23.40 Mn |
| Jun 30, 2014 | 21.77 Mn |
| Mar 31, 2014 | 21.70 Mn |
| Dec 31, 2013 | 17.65 Mn |
| Sep 30, 2013 | 14.66 Mn |
| Jun 30, 2013 | 14.08 Mn |
| Mar 31, 2013 | 9.21 Mn |