Tandem Diabetes Care (TNDM) Research & Development (2013 - 2026)
Tandem Diabetes Care (TNDM) posted Research & Development of $46.0 million for Q1 2026, little changed on a QoQ basis from $46.1 million in Q4 2025, and down 8.32% year-over-year from $50.2 million in Q1 2025.
Tandem Diabetes Care (TNDM) Research & Development (2013 - 2026) Analysis & Trends
Tandem Diabetes Care's Research & Development history runs 14 years deep, the most recent figure standing at $46.0 million for Q1 2026.
- Quarterly Research & Development fell 8.32% year-over-year to $46.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $188.9 million (down 6.86% YoY) and the FY2025 annual result came in at $193.1 million, down 2.9% from the prior year.
- Research & Development was $46.0 million for Q1 2026 at Tandem Diabetes Care, roughly flat from $46.1 million in the prior quarter.
- Across five years, Research & Development topped out at $52.2 million in Q4 2024 and bottomed at $33.2 million in Q1 2022.
- A 5-year average of $43.9 million and a median of $46.0 million in 2026 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development jumped 84.62% — and 2025, when it slipped 11.75%.
- Tandem Diabetes Care's Research & Development stood at $35.6 million in 2022, then gained by 19.72% to $42.6 million in 2023, then increased by 22.52% to $52.2 million in 2024, then declined by 11.75% to $46.1 million in 2025, then declined by 0.07% to $46.0 million in 2026.
- Business Quant data shows TNDM's Research & Development at $46.0 million in Q1 2026, $46.1 million in Q4 2025, and $48.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 767.00 Mn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 413.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 671.00 Mn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 516.00 Mn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 263.30 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 145.30 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -461.27 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 345.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Tandem Diabetes Care | 1.16 Bn | 587.46 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 |