NASDAQ$TNDM

Tandem Diabetes Care Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Tandem Diabetes Care reported Q4 2025, revenue of $290.4M, net loss of $600K, diluted EPS of $-0.01.

For Q4 2025, Tandem Diabetes Care reported revenue of $290.4M, a net loss of $600K, diluted EPS was $-0.01. Management discusses segment performance, capital allocation, and outlook in the earnings release.

  • Revenue $290.4M.
  • Net loss $600K.
  • Diluted EPS $-0.01.

Headline financials

Total Revenue

$290M

Previous: $283M+2.7%
EPS (adj)

-$0.01

Previous: $0.01-200.0%
Worldwide Pump Shipments

38.0K

No prior period
Adjusted EBITDA

$32.9M

Previous: $2.25M+1360.2%
Adjusted EBITDA Margin

11.0%

Previous: 1.0%+1000.0%
GAAP Gross Margin

58.0%

Previous: 56.0%+3.6%
Non-GAAP Gross Margin

58.0%

Previous: 51.0%+13.7%
GAAP Operating Margin

3.0%

Previous: 0.0%
Non-GAAP Operating Margin

3.0%

Previous: -12.0%+125.0%
Net Income

-$600K

Previous: $755K-179.5%
Operating Income

$8.29M

Previous: -$581K+1527.5%
Gross Profit

$167M

Previous: $157M+6.4%

Revenue & EPS history

Tandem Diabetes · Revenue · Quarterly

$290M

Q4 2025+2.7%vs Q4 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Tandem Diabetes · $80.7M total across 1 segment · Q3 2022

  • Pump Sales
    $80.7M

Forward guidance

The release discusses Tandem Diabetes Care's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • Tandem Diabetes Care cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • GAAP profitability remained under pressure in Q4 2025.
  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

-0.4%

Avg return

Earnings day

-2.2%

Avg return

5 days after

+3.5%

Avg return

30 days after

55%

27 / 49 earnings

Positive

+32.8%

Q4 2025

Best reaction

-63.6%

Q3 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+7.6%-23.6%+5.0%
Q4 2025+32.8%+40.4%+34.0%
Q3 2025+22.0%+35.5%+56.9%
Q1 2025+18.6%+26.5%+17.6%
Q4 2024-35.2%-42.0%-42.6%
Q3 2024+0.6%-5.3%-9.1%
Q2 2024+12.7%+17.3%+17.6%
Q1 2024+23.5%+21.5%+41.5%
Q4 2023+6.1%+22.5%+28.4%
Q3 2023-12.1%-11.5%+22.5%
Q2 2023+2.8%-13.4%-14.3%
Q1 2023-2.9%-13.4%-35.9%
Q4 2022-2.1%-8.0%+8.0%
Q3 2022-34.3%-31.5%-23.7%
Q2 2022-14.0%-11.8%-34.3%
Q1 2022-16.4%-27.6%-33.8%
Q4 2021-0.3%+7.6%+7.6%
Q3 2021-4.9%-2.6%-4.3%
Q2 2021+4.7%+2.6%+8.8%
Q1 2021-5.6%-11.9%-5.8%
Q4 2020+3.5%+4.4%-10.0%
Q3 2020+1.5%-11.4%-17.9%
Q2 2020+1.8%+3.0%+10.1%
Q1 2020+7.6%+13.7%+11.5%
Q4 2019-11.4%-15.2%-34.7%
Q3 2019-6.5%-8.0%+2.2%
Q2 2019+2.9%-1.5%+14.2%
Q1 2019-5.8%+6.3%+9.2%
Q4 2018+27.9%+43.2%+31.8%
Q3 2018+6.3%-2.2%-2.1%
Q2 2018+7.7%+29.0%+59.9%
Q1 2018+7.9%+7.7%+96.4%
Q4 2017+23.1%+25.0%+57.0%
Q3 2017-3.4%-6.4%+2.7%
Q2 2017-17.3%-39.4%+8.7%
Q1 2017-11.8%-10.5%-22.4%
Q4 2016-19.1%-10.6%-51.1%
Q3 2016-63.6%-66.9%-63.2%
Q2 2016-13.9%-18.8%-8.4%
Q1 2016+7.1%
Q4 2015+11.9%
Q3 2015+20.6%
Q2 2015+8.9%
Q1 2015+1.7%
Q4 2014-3.1%
Q3 2014-11.0%
Q2 2014+11.4%
Q1 2014-11.7%
Q4 2013+4.0%
Q2 2013
Q1 2013
Q4 2012
Q3 2012

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