Growth Metrics

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 🔒
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
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