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| 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 |