TNDM
$16.52+0.85%
Tandem Diabetes Care Inc.Stock · HealthcareRussell 2000 · 0.03% of IWMNasdaq Composite · 0.004% of ONEQUS Stock Market · 0.001% of VTIRussell 3000 · 0.001% of IWV
TNDM financial statements
The full income statement, balance sheet, and cash-flow statement for Tandem Diabetes Care Inc. (TNDM), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 65.5M2024-09 65.7M2024-12 66.5M2025-03 66.6M2025-06 67.6M2025-09 67.8M2025-12 68.3M2026-03 68.5M2026-06 69.6M+6.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 1.01B+7.9% | 940M+25.7% | 748M-6.7% | 801M+14.0% | 703M+40.9% | |
| 546M+11.5% | 490M+33.1% | 368M-11.0% | 413M+9.8% | 376M+44.4% | ||
| Cost of revenue | 469M+4.0% | 451M+18.6% | 380M-2.1% | 388M+18.9% | 327M+37.0% | |
| 733M+24.6% | 589M-2.0% | 601M+18.8% | 506M+43.1% | 354M+31.7% | ||
| Research & development | 193M-2.9% | 199M+17.2% | 170M+22.0% | 139M+51.1% | 92.1M+44.8% | |
| Selling, general & administrative | 445M+14.2% | 390M+10.6% | 353M+5.0% | 336M+28.4% | 262M+27.6% | |
| Amortization of intangibles | 2.50M+31.6% | 1.90M+0.0% | 1.90M-5.0% | 2.00M-9.1% | 2.20M+83.3% | |
| Provision for credit losses | 9.48M-5.0% | 9.98M+80.1% | 5.54M+15.9% | 4.78M+105.0% | 2.33M-22.6% | |
| Operating income | -187M-88.9% | -99.1M+57.5% | -233M-151.2% | -92.8M-509.9% | 22.7M+384.7% | |
| Interest expense | 7.91M+6.6% | 7.42M-25.0% | 9.88M+59.2% | 6.21M | — | |
| Other non-operating income | -13.0M-279.3% | 7.26M-44.1% | 13.0M+324500.0% | -4.00K+99.9% | -6.75M+76.2% | |
| Equity-method income | -14.2M-591.4% | -2.05M | 0.00 | 0.00 | — | |
| Pre-tax income | -200M-118.0% | -91.9M+58.3% | -220M-137.2% | -92.9M-683.9% | 15.9M+143.8% | |
| Income tax | 4.44M+6.8% | 4.16M+76.3% | 2.36M+35.3% | 1.74M+420.0% | 335K+117.6% | |
| -205M-113.2% | -96.0M+56.9% | -223M-135.3% | -94.6M-707.7% | 15.6M+145.3% | ||
| Net income to common | — | — | -223M-135.3% | -94.6M-707.7% | 15.6M+145.3% | |
| -$3.04-106.8% | -$1.47+57.1% | -$3.43-133.3% | -$1.47-712.5% | $0.24+142.9% | ||
| EPS (basic) | -$3.04-106.8% | -$1.47+57.1% | -$3.43-133.3% | -$1.47-688.0% | $0.25+144.6% | |
| Weighted-avg shares (basic) | 67.3M+2.8% | 65.5M+0.7% | 65.0M+1.3% | 64.1M+1.8% | 63.0M+3.3% | |
| Weighted-avg shares (diluted) | 67.3M+2.8% | 65.5M+0.7% | 65.0M+1.3% | 64.1M-0.3% | 64.3M+5.5% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 618M-14.7% | 724M-3.1% | 748M-12.0% | 850M+4.7% | 812M+27.4% | ||
| Cash & equivalents | 90.6M+30.9% | 69.2M+17.6% | 58.9M-65.9% | 173M+142.4% | 71.2M-24.8% | |
| Short-term investments | 202M-45.3% | 369M-9.8% | 409M-8.0% | 444M-19.6% | 553M+41.6% | |
| Accounts receivable | 165M+44.4% | 115M+8.6% | 106M-8.0% | 115M+3.6% | 111M+34.7% | |
| Inventory | 129M-13.9% | 150M-5.3% | 158M+42.1% | 111M+62.1% | 68.6M+7.6% | |
| Prepaid expenses | 31.2M+42.1% | 22.0M+32.4% | 16.6M+129.0% | 7.24M-14.1% | 8.43M+32.1% | |
| 881M-8.9% | 968M+1.6% | 953M-9.5% | 1.05B+16.3% | 905M+26.3% | ||
| Property, plant & equipment | 83.6M+6.9% | 78.2M+2.1% | 76.5M+11.7% | 68.6M+36.1% | 50.4M+0.7% | |
| Operating lease right-of-use | 96.2M+12.7% | 85.3M-2.8% | 87.8M-20.6% | 111M+302.2% | 27.5M+39.1% | |
| Intangible assets | 11.7M+1167.0% | 925K-66.7% | 2.78M-40.0% | 4.63M-30.3% | 6.64M | |
| Other non-current assets | 22.9M+342.6% | 5.17M-87.2% | 40.3M+70.7% | 23.6M+50.2% | 15.7M+67.6% | |
| 243M-1.8% | 247M+26.5% | 195M+18.1% | 165M+25.4% | 132M+27.0% | ||
| Accounts payable | 47.1M+5.2% | 44.7M-9.8% | 49.6M-11.0% | 55.7M+98.8% | 28.0M+57.4% | |
| Accrued liabilities | 21.0M+15.6% | 18.2M+42.8% | 12.7M+32.6% | 9.60M+1.9% | 9.42M+96.9% | |
| Deferred revenue | 9.53M-19.5% | 11.8M-73.1% | 44.0M+133.6% | 18.8M+85.0% | 10.2M+67.4% | |
| Short-term & current debt | — | 40.7M | 0.00 | — | — | |
| Current lease liability | 19.5M+6.9% | 18.2M+6.7% | 17.1M+30.0% | 13.1M+41.4% | 9.28M-1.5% | |
| Other current liabilities | 75.2M+52.6% | 49.3M+73.3% | 28.5M-2.9% | 29.3M+25.4% | 23.4M+34.9% | |
| 726M+3.0% | 705M+10.3% | 639M+4.3% | 613M+29.8% | 472M+34.8% | ||
| Long-term debt | 310M+0.6% | 308M+8.2% | 285M | — | — | |
| Deferred revenue (non-current) | 8.47M-18.9% | 10.5M-21.6% | 13.3M-21.0% | 16.9M-0.4% | 16.9M | |
| Non-current lease liability | 115M+8.0% | 106M-6.3% | 114M-8.1% | 124M+416.4% | 23.9M+50.3% | |
| Operating lease liability (total) | 134M+7.9% | 125M-4.6% | 131M-4.4% | 137M+311.6% | 33.2M+31.0% | |
| Other non-current liabilities | 49.7M+53.7% | 32.4M+1.7% | 31.8M+33.1% | 23.9M+34.1% | 17.8M-34.8% | |
| 155M-41.0% | 263M-16.1% | 314M-28.7% | 440M+1.6% | 433M+18.2% | ||
| Common stock | 68.0K+3.0% | 66.0K+0.0% | 66.0K+1.5% | 65.0K+1.6% | 64.0K+3.2% | |
| Additional paid-in capital | 1.40B+6.8% | 1.31B+3.9% | 1.26B+8.0% | 1.17B+9.6% | 1.07B+4.2% | |
| Retained earnings | -1.25B-19.5% | -1.05B-10.1% | -952M-30.5% | -729M-14.9% | -635M+3.7% | |
| Accumulated other comprehensive income | 5.59M+387.3% | -1.95M-242.2% | 1.37M+175.3% | -1.82M-195.0% | -616K-380.0% | |
| Total liabilities & equity | 881M-8.9% | 968M+1.6% | 953M-9.5% | 1.05B+16.3% | 905M+26.3% | |
| Common shares issued | 68.3M+3.1% | 66.3M+1.1% | 65.6M+1.6% | 64.5M+1.1% | 63.8M+2.4% | |
| Common shares outstanding | 68.3M+3.1% | 66.3M+1.1% | 65.6M+1.6% | 64.5M+1.1% | 63.8M+2.4% | |
| Shares outstanding (cover) | 68.3M+2.8% | 66.5M+1.3% | 65.6M+1.7% | 64.5M+1.0% | 63.9M+2.2% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| -9.72M-140.1% | 24.2M+176.2% | -31.8M-163.0% | 50.5M-54.7% | 111M+351.4% | ||
| Depreciation & amortization | 17.7M+6.4% | 16.6M+5.7% | 15.7M+9.7% | 14.3M+3.5% | 13.8M+32.5% | |
| Intangible amortization | 2.50M+31.6% | 1.90M+0.0% | 1.90M-5.0% | 2.00M-9.1% | 2.20M+83.3% | |
| Share-based compensation | 92.4M-8.9% | 101M+15.1% | 88.1M+3.7% | 84.9M+39.8% | 60.8M+4.0% | |
| Deferred income taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00+100.0% | |
| Change in receivables | 56.8M+173.2% | 20.8M+586.2% | -4.28M-154.6% | 7.83M-74.7% | 31.0M-20.2% | |
| Change in inventory | -24.8M-327.1% | -5.81M-112.6% | 46.1M+8.5% | 42.5M+756.9% | 4.95M-67.7% | |
| Change in payables | 2.23M+193.1% | -2.39M+50.8% | -4.86M-119.9% | 24.5M+138.4% | 10.3M+819.1% | |
| Other operating activities | 4.36M+524.8% | -1.03M-299.4% | 515K-47.9% | 988K-58.8% | 2.40M+12726.3% | |
| 72.9M+410.3% | -23.5M+72.6% | -85.7M-358.5% | 33.2M+117.7% | -187M+36.9% | ||
| Capital expenditure | 19.9M+3.7% | 19.2M-28.3% | 26.8M-21.4% | 34.1M+140.5% | 14.2M-48.3% | |
| Free cash flow | -29.7M-694.1% | 4.99M+108.5% | -58.6M-458.1% | 16.4M-83.2% | 97.2M+3648.0% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| -43.4M-618.3% | 8.37M+103.4% | 4.11M-75.6% | 16.9M-67.5% | 51.9M-83.5% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00+100.0% | -6.73M-260.9% | 4.18M-76.0% | 17.5M-66.0% | 51.3M-23.2% | |
| Common stock repurchased | 0.00-100.0% | 30.0M | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | 0.00-100.0% | 183K+357.7% | -71.0K+88.0% | -592K | 0.00 | |
| FX effect on cash | 1.61M+28.3% | 1.26M+692.5% | -212K-125.6% | 827K+440.5% | 153K-60.5% | |
| Net change in cash | 21.4M+106.4% | 10.4M+109.1% | -114M-212.2% | 101M+532.5% | -23.4M-153.9% | |
| Interest paid | 5.05M+64.1% | 3.08M-59.3% | 7.57M+75.4% | 4.31M+0.0% | 4.31M+59.3% | |
| Income taxes paid | 5.06M+63.2% | 3.10M+61.1% | 1.92M+367.9% | 411K+58.1% | 260K+46.9% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 1.50B-37.3% | 2.39B+24.1% | 1.93B-33.3% | 2.89B-69.9% | 9.61B+60.8% | |
| P/E | — | — | — | — | 617.6× | |
| P/S | 1.5×-41.9% | 2.5×+1.8% | 2.5×-31.6% | 3.7×-73.3% | 13.7×+14.1% | |
| P/B | 9.7×+6.3% | 9.1×+48.1% | 6.1×-10.3% | 6.9×-69.1% | 22.2×+36.0% | |
| P/FCF | — | 479.4× | — | 96.1×-2.8% | 98.9× | |
| Earnings yield | — | — | — | — | 0.16% | |
| FCF yield | — | 0.21% | — | 1.0%+2.9% | 1.0% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: TNDM’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TNDM filings on SEC EDGAR → Not investment advice.