Superworth

Tandem Diabetes Care profit margin TNDM

Gross, operating and net profit as a share of revenue over the last twelve months, from 2015.

Net margin, 12 months
−6.1%
Operating margin, 12 months
−4.4%
Net margin on a year earlier
+14.4 pts
Peer median
7.7%

Over the twelve months to Jun 30, 2026, Tandem Diabetes Care kept −6.1% of its revenue as net profit, with an operating margin of −4.4% and a gross margin of 56.0%.

Five years earlier its net margin was 1.1%.

The median for 10 medical instruments and supplies stocks of a similar size is 7.7%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2025−20.2%−18.5%53.8%
FY2024−10.2%−10.5%52.1%
FY2023−29.8%−31.2%49.2%
FY2022−11.8%−11.6%51.5%
FY20212.2%3.2%53.5%
FY2020−6.9%−1.6%52.2%
FY2019−6.8%−4.6%53.6%
FY2018−66.7%−24.3%48.9%
FY2017−67.9%−58.5%41.0%
FY2016−99.1%−92.6%28.0%
FY2015−99.4%−94.7%36.5%
FY2014n/an/a30.7%
FY2013n/an/a21.3%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY26−6.1%+14.4 pts−4.4%
Q1 FY26−9.2%+9.5 pts−8.2%
Q4 FY25−20.2%−10.0 pts−18.5%
Q3 FY25−20.2%−5.4 pts−19.5%
Q2 FY25−20.5%−3.4 pts−19.9%
Q1 FY25−18.7%−0.3 pts−18.1%
Q4 FY24−10.2%+19.6 pts−10.5%
Q3 FY24−14.8%+12.2 pts−15.6%
Q2 FY24−17.1%+11.3 pts−17.5%
Q1 FY24−18.4%+7.3 pts−19.1%
Q4 FY23−29.8%−18.0 pts−31.2%
Q3 FY23−27.0%−18.4 pts−28.0%

Against its peers

Companies in Medical - Instruments & Supplies nearest Tandem Diabetes Care's size, closest first, today.

CompanyProfit margin
TNDMTandem Diabetes Care−6.1%
BVSBioventus9.4%
CDRECadre5.3%
STAAStaar Surgical1.1%
IRMDIradimed26.7%
EYENational Vision2.5%
LMATLemaitre Vascular25.0%
INSPInspire Medical Systems15.0%
MOVMovado6.0%
UFPTUFP Technologies11.4%
MDXGMimedx1.8%
Peer median7.7%

Where Tandem Diabetes Care ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Tandem Diabetes Care

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.