Tandem Diabetes Care (TNDM) Research & Development (2013 - 2026)
Tandem Diabetes Care (TNDM) recorded Research & Development of $46.93 million in Q2 2026, down 2.5% from $48.12 million a year earlier but up 1.9% from the prior quarter.
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Analysis
Tandem Diabetes Care (TNDM) Research & Development (2013 - 2026) Analysis & Trends
On a TTM basis, Tandem Diabetes Care's Research & Development came in at $187.75 million as of Jun 30, 2026, down 6.9% year-over-year; for FY2025, it came in at $193.11 million, down 2.9% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 24.9% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $198.88 million in FY2024 (+17.2%), $169.67 million in FY2023 (+22.0%), $139.11 million in FY2022 (+51.1%) and $92.05 million in FY2021 (+44.8%).
- Quarterly Research & Development has ranged from $24.1 million in Q3 2021 to $52.2 million in Q4 2024 over the past five years.
- On a year-over-year basis, Research & Development has declined for five consecutive quarters, with growth averaging 2.9% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 84.6% in Q1 2022, against a decline of 11.8% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $46.04 million (Q1 2026), $46.07 million (Q4 2025) and $48.72 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 278.90 Mn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 258.00 Mn |
| 10 | Tandem Diabetes Care | 1.15 Bn | -485.75 Mn | 144.78 Mn | 46.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.93 Mn |
| 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 |
API Access
Tandem Diabetes Care Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=TNDM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TNDM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=TNDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();