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

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

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

Tandem Diabetes Care's Operating Expenses history runs 14 years deep, the most recent figure standing at $154.2 million for Q1 2026.

  • Quarterly Operating Expenses fell 35.55% year-over-year to $154.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $648.2 million (down 6.28% YoY) and the FY2025 annual result came in at $733.3 million, up 24.56% from the prior year.
  • Operating Expenses was $154.2 million for Q1 2026 at Tandem Diabetes Care, 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.
  • A 5-year average of $151.9 million and a median of $150.7 million in 2024 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2023 — Operating Expenses soared 97.99% — and 2026, when it plunged 35.55%.
  • Tandem Diabetes Care's Operating Expenses stood at $133.3 million in 2022, then declined by 3.71% to $128.4 million in 2023, then rose by 23.12% to $158.0 million in 2024, then climbed by 0.72% to $159.2 million in 2025, then dropped by 3.11% to $154.2 million in 2026.
  • Business Quant data shows TNDM's Operating Expenses at $154.2 million in Q1 2026, $159.2 million in Q4 2025, and $157.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 9.82 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 2.87 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 3.59 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 785.50 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 495.00 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -668.50 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 1.46 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -47.00 Mn
10 Tandem Diabetes Care 1.16 Bn 587.46 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