Tandem Diabetes Care (TNDM) Research & Development (2013 - 2026)
Tandem Diabetes Care (TNDM) reported Research & Development of $46.0 million for Q1 2026, down 8.32% on a YoY basis from $50.2 million in Q1 2025, and little changed quarter-over-quarter from $46.1 million in Q4 2025.
Tandem Diabetes Care (TNDM) Research & Development (2013 - 2026) Analysis & Trends
Tandem Diabetes Care has reported Research & Development for 14 years, with the latest figure at $46.0 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 8.32% year-over-year to $46.0 million; the trailing twelve-month figure through Mar 2026 stood at $188.9 million (down 6.86% YoY), and the FY2025 full-year result was $193.1 million, down 2.9% from the prior year.
- Research & Development for Q1 2026 stood at $46.0 million, roughly flat from $46.1 million in the prior quarter.
- The five-year high for Research & Development was $52.2 million in Q4 2024, with the low at $33.2 million in Q1 2022.
- Historically, Research & Development has averaged $43.9 million across 5 years, with a median of $46.0 million in 2026.
- Annual changes were most pronounced in 2022 — Research & Development jumped 84.62% — and 2025, when it fell 11.75%.
- Tandem Diabetes Care's Research & Development stood at $35.6 million in 2022, then increased by 19.72% to $42.6 million in 2023, then climbed by 22.52% to $52.2 million in 2024, then slipped by 11.75% to $46.1 million in 2025, then slipped by 0.07% to $46.0 million in 2026.
- The last three Research & Development figures came in at $46.0 million (Q1 2026), $46.1 million (Q4 2025), and $48.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 722.00 Mn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -461.27 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 145.30 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 28.80 Mn |
| 10 | Tandem Diabetes Care | 1.04 Bn | 474.17 Mn | 136.79 Mn | 46.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 46.04 Mn |
| Dec 31, 2025 | 46.07 Mn |
| Sep 30, 2025 | 48.72 Mn |
| Jun 30, 2025 | 48.12 Mn |
| Mar 31, 2025 | 50.22 Mn |
| Dec 31, 2024 | 52.20 Mn |
| Sep 30, 2024 | 51.11 Mn |
| Jun 30, 2024 | 49.33 Mn |
| Mar 31, 2024 | 46.24 Mn |
| Dec 31, 2023 | 42.60 Mn |
| Sep 30, 2023 | 41.97 Mn |
| Jun 30, 2023 | 42.93 Mn |
| Mar 31, 2023 | 42.16 Mn |
| Dec 31, 2022 | 35.59 Mn |
| Sep 30, 2022 | 36.80 Mn |
| Jun 30, 2022 | 33.57 Mn |
| Mar 31, 2022 | 33.16 Mn |
| Dec 31, 2021 | 29.49 Mn |
| Sep 30, 2021 | 24.10 Mn |
| Jun 30, 2021 | 20.50 Mn |