Tandem Diabetes Care (TNDM) Operating Expenses (2013 - 2026)
Tandem Diabetes Care's (TNDM) quarterly Operating Expenses came in at $158.6 million in Q2 2026, down 10.75% on a YoY basis from $177.7 million in Q2 2025, and up 2.82% quarter-over-quarter from $154.2 million in Q1 2026.
Analysis
Tandem Diabetes Care (TNDM) Operating Expenses (2013 - 2026) Analysis & Trends
Tandem Diabetes Care (TNDM) has reported Operating Expenses for 14 consecutive years, with $158.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 10.75% year-over-year to $158.6 million; the trailing twelve-month figure through Jun 2026 stood at $629.1 million (down 13.31% YoY), and the FY2025 full-year result was $733.3 million, up 24.56% from the prior year.
- Operating Expenses rose to $158.6 million in Q2 2026 per TNDM's latest filing, from $154.2 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.
- Historically, Operating Expenses has averaged $152.3 million across 5 years, with a median of $151.3 million in 2022.
- The sharpest annual moves came in 2023 and 2026: Operating Expenses jumped 97.99% in 2023, then slumped 35.55% in 2026.
- Over 5 years, 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 declined by 0.37% to $158.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $158.6 million, $154.2 million, and $159.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 180.74 Bn | 175.14 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Intuitive Surgical | 127.72 Bn | 122.50 Bn | 1.96 Bn | 988.50 Mn |
| 3 | Medtronic | 116.88 Bn | 108.06 Bn | 6.34 Bn | 3.97 Bn |
| 4 | Stryker | 104.10 Bn | 100.62 Bn | 4.50 Bn | 2.84 Bn |
| 5 | Boston Scientific | 63.74 Bn | 63.20 Bn | 3.85 Bn | 2.67 Bn |
| 6 | Edwards Lifesciences | 49.85 Bn | 45.60 Bn | 1.35 Bn | 846.40 Mn |
| 7 | Alcon | 33.03 Bn | 31.58 Bn | 1.68 Bn | -1.63 Bn |
| 8 | Dexcom | 32.15 Bn | 30.20 Bn | 830.00 Mn | 511.70 Mn |
| 9 | Steris | 20.63 Bn | 20.15 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Tandem Diabetes Care | 1.27 Bn | 815.53 Mn | 144.78 Mn | 158.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 158.57 Mn |
| 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 |