Tactile Systems Technology Inc (TCMD) Financial Statements
Industry: Surgical & Medical Instruments & Apparatus
In fiscal 2025, Tactile Systems Technology reported revenue of $329.5M, up 12.5% from $293.0M the year before. Net income was $19.1M (a 5.8% net margin), or $0.82 per diluted share. Gross margin was 75.9% and operating margin was 8.9%. Operating activities generated $42.8M of cash, leaving $40.4M of free cash flow. At fiscal year end, Tactile Systems Technology held $273.9M in total assets against $55.0M in total liabilities, including $83.4M of cash and equivalents.
Open the full interactive Tactile Systems Technology financials → Quarterly statements, key ratios, valuation history and price charts.
Tactile Systems Technology Key Stats
| Share Price | $22.31 |
|---|---|
| Market Cap | $514.4M |
| P/E Ratio | 27.2 |
| Revenue YoY Growth | +12.5% |
| 52-Week Range | $14.30 – $33.05 |
| Shares Outstanding | 22.7 million (basic, 2026 Q2) |
Tactile Systems Technology Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $187.1M | $208.1M | $246.8M | $274.4M | $293.0M | $329.5M |
| Gross Profit | $132.8M | $148.2M | $176.0M | $195.1M | $216.7M | $250.1M |
| Operating Income | -$3.6M | -$1.8M | -$12.8M | $18.0M | $22.2M | $29.3M |
| Pre-Tax Income | -$2.3M | -$2.3M | -$15.5M | $15.8M | $23.5M | $31.3M |
| Income Tax | -$1.6M | $9.5M | $2.4M | -$12.7M | $6.5M | $12.3M |
| Net Income | -$620,000 | -$11.8M | -$17.9M | $28.5M | $17.0M | $19.1M |
| Diluted EPS | -$0.03 | -$0.60 | -$0.89 | $1.23 | $0.70 | $0.82 |
Tactile Systems Technology Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $85.8M | $103.6M | $75.3M | $85.7M |
| Net Income | $8.2M | $10.6M | -$1.8M | $7.8M |
| Diluted EPS | $0.36 | $0.46 | -$0.08 | $0.34 |
Tactile Systems Technology Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $47.9M | $28.2M | $21.9M | $61.0M | $94.4M | $83.4M |
| Current Assets | $123.6M | $113.5M | $119.8M | $145.3M | $177.6M | $165.2M |
| Total Assets | $174.1M | $244.3M | $255.0M | $281.4M | $297.9M | $273.9M |
| Current Liabilities | $26.7M | $34.5M | $64.3M | $41.1M | $40.7M | $41.0M |
| Total Long-Term Debt | — | $54.8M | $48.9M | $29.1M | $26.2M | — |
| Total Liabilities | $49.3M | $116.0M | $133.6M | $87.8M | $81.3M | $55.0M |
| Shareholders' Equity | $124.8M | $128.2M | $121.4M | $193.6M | $216.6M | $218.9M |
Tactile Systems Technology Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $2.8M | $2.6M | $5.2M | $35.9M | $40.7M | $42.8M |
| Cash From Investing | $20.2M | -$82.2M | -$1.9M | -$2.5M | -$2.5M | -$2.5M |
| Cash From Financing | $2.1M | $59.9M | -$9.6M | $5.7M | -$4.8M | -$51.2M |
| Free Cash Flow | $735,000 | $528,000 | $3.4M | $33.5M | $38.3M | $40.4M |
Figures from Tactile Systems Technology's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Tactile Systems Technology financials page for every line item.
Tactile Systems Technology Company Profile
| Ticker | TCMD |
|---|---|
| Exchange | Nasdaq |
| Industry | Surgical & Medical Instruments & Apparatus |
| Headquarters | Minneapolis, Minnesota |
| Incorporated in | Minnesota |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001027838 |
Frequently Asked Questions
What was Tactile Systems Technology's revenue in fiscal 2025?
Tactile Systems Technology (TCMD) reported revenue of $329.5M for fiscal 2025.
What is Tactile Systems Technology's annual revenue history?
Tactile Systems Technology's annual revenue by fiscal year: 2020: $187.1M; 2021: $208.1M; 2022: $246.8M; 2023: $274.4M; 2024: $293.0M; 2025: $329.5M.
What was Tactile Systems Technology's net income in fiscal 2025?
Tactile Systems Technology reported net income of $19.1M for fiscal 2025.
What was Tactile Systems Technology's earnings per share (EPS) in fiscal 2025?
Tactile Systems Technology's diluted EPS was $0.82 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Tactile Systems Technology generate in fiscal 2025?
Tactile Systems Technology generated $40.4M of free cash flow in fiscal 2025.
What was Tactile Systems Technology's revenue last quarter?
In its most recent reported quarter (2026 Q2), Tactile Systems Technology reported revenue of $85.7M.
How many shares of Tactile Systems Technology are outstanding?
Tactile Systems Technology reported a weighted average of 22.7 million basic shares outstanding in 2026 Q2.
What is Tactile Systems Technology's market cap?
Based on its latest closing price, Tactile Systems Technology (TCMD) has a market capitalization of about $514.4M.
When does Tactile Systems Technology's fiscal year end?
Tactile Systems Technology's fiscal year end, as registered with the SEC, is December 31.
Where is Tactile Systems Technology headquartered?
Tactile Systems Technology lists its business address in Minneapolis, Minnesota in its SEC filings.
Tactile Systems Technology Competitors & Similar Companies
See all 109 Surgical & Medical Instruments & Apparatus companies →