Tandem Diabetes Care (TNDM) Tax Rate (2018 - 2026)
Tandem Diabetes Care's (TNDM) quarterly Tax Rate came in at 2.46% in Q2 2026, down 1168.0% on a YoY basis from 0.23% in Q2 2025, and up 4.98% quarter-over-quarter from 2.59% in Q1 2026.
Analysis
Tandem Diabetes Care (TNDM) Tax Rate (2018 - 2026) Analysis & Trends
Tandem Diabetes Care (TNDM) has reported Tax Rate for 9 consecutive years, with 2.46% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 1168.0% year-over-year to 2.46%; the trailing twelve-month figure through Jun 2026 stood at 3.76% (down 225.0% YoY), and the FY2025 full-year result was 2.22%, up 231.0% from the prior year.
- Tax Rate rose to 2.46% in Q2 2026 per TNDM's latest filing, from 2.59% in the prior quarter.
- Across five years, Tax Rate topped out at 111.48% in Q4 2025 and bottomed at 2483.33% in Q4 2024.
- Historically, Tax Rate has averaged 132.63% across 5 years, with a median of 2.7% in 2026.
- The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 248762 bps in 2024, then surged 259482 bps in 2025.
- Over 5 years, Tax Rate stood at 1.62% in 2022, then soared by 165 bps to 4.29% in 2023, then plunged by 57995 bps to 2483.33% in 2024, then jumped by 104 bps to 111.48% in 2025, then tumbled by 102 bps to 2.46% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 2.46%, 2.59%, and 111.48% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 180.74 Bn | 175.14 Bn | 7.27 Bn | 39.11% |
| 2 | Intuitive Surgical | 127.72 Bn | 122.50 Bn | 1.96 Bn | 21.94% |
| 3 | Medtronic | 116.88 Bn | 108.06 Bn | 6.34 Bn | 16.34% |
| 4 | Stryker | 104.10 Bn | 100.62 Bn | 4.50 Bn | 18.41% |
| 5 | Boston Scientific | 63.74 Bn | 63.20 Bn | 3.85 Bn | 14.62% |
| 6 | Edwards Lifesciences | 49.85 Bn | 45.60 Bn | 1.35 Bn | 53.56% |
| 7 | Alcon | 33.03 Bn | 31.58 Bn | 1.68 Bn | -100.00% |
| 8 | Dexcom | 32.15 Bn | 30.20 Bn | 830.00 Mn | 21.54% |
| 9 | Steris | 20.63 Bn | 20.15 Bn | 684.20 Mn | 26.51% |
| 10 | Tandem Diabetes Care | 1.27 Bn | 815.53 Mn | 144.78 Mn | -2.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.46% |
| Mar 31, 2026 | -2.59% |
| Dec 31, 2025 | 111.48% |
| Sep 30, 2025 | 15.91% |
| Jun 30, 2025 | 9.22% |
| Mar 31, 2025 | -6.96% |
| Dec 31, 2024 | -2,483.33% |
| Sep 30, 2024 | -2.82% |
| Jun 30, 2024 | -3.70% |
| Mar 31, 2024 | -8.10% |
| Dec 31, 2023 | 4.29% |
| Sep 30, 2023 | -7.26% |
| Jun 30, 2023 | -3.31% |
| Mar 31, 2023 | -0.24% |
| Dec 31, 2022 | 1.62% |
| Sep 30, 2022 | -3.42% |
| Jun 30, 2022 | -16.20% |
| Mar 31, 2022 | 10.49% |
| Dec 31, 2021 | 3.04% |
| Sep 30, 2021 | 1.71% |