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Companies / Health Care / Tactile Systems Technology, Inc.
TCMD

Tactile Systems Technology, Inc.

Health CareSurgical & Medical Instruments
Ticker TCMDMINNEAPOLIS, MNFiscal year ends DecemberBook value per share $9.82Diluted shares 23.1M

Tactile Systems Technology, Inc. (Nasdaq: TCMD), which does business as Tactile Medical, develops and provides medical devices for at-home treatment of chronic diseases. Its products serve patients with lymphedema and chronic venous insufficiency, including people whose lymphedema is associated with cancer treatment,… From the company’s description.

Over the twelve months to Sep 30, 2026, Tactile Systems Technology, Inc. reported revenue of $356.42M, up 14.4% from a year earlier, and net income of $23.82M. Its operating margin was 9.4%, and operations generated $32.19M in cash. In fiscal 2025, it reported revenue of $329.52M, up 12.5% from fiscal 2024, and net income of $19.09M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$329.52MFY2025
+12.5% year over year
Last 12 mo $356.42M
8.89%FY2025
+1.3 percentage points
Last 12 mo 9.44%
$19.09MFY2025
+12.5% year over year
Last 12 mo $23.82M
8.72%FY2025
+0.9 percentage points
Last 12 mo 10.48%
Cash & financing
$42.81MFY2025
+5.3% year over year
Last 12 mo $32.19M
$40.28MFY2025
+5.6% year over year
Last 12 mo $28.86M
—
Was 0.12× a year earlier
23.3MFY2025
−3.5% year over year
Last 12 mo 23.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Tactile Systems Technology, Inc. does

In the company’s own words

Tactile Systems Technology, Inc. (Nasdaq: TCMD), which does business as Tactile Medical, develops and provides medical devices for at-home treatment of chronic diseases. Its products serve patients with lymphedema and chronic venous insufficiency, including people whose lymphedema is associated with cancer treatment, as well as patients with chronic respiratory conditions. The company sells and rents its Flexitouch Plus, Entre Plus and Nimbl compression systems through a direct-to-patient and provider model, supporting patient referrals, insurance claims, delivery and training. Its AffloVest airway-clearance vest is sold to durable medical equipment providers for use by patients with conditions including bronchiectasis and neuromuscular disorders. In 2025, lymphedema products generated $278.4 million, or 84% of revenue, while AffloVest generated $51.1 million, or 16%. The company reported revenue of $329.5 million for the year ended December 31, 2025, and served more than 84,000 patients with compression therapy devices that year. Tactile acquired the AffloVest product line in 2021. Its website is www.tactilemedical.com.

Company details
Sector
Health Care
Industry (SIC)
Surgical & Medical Instruments
Headquarters
MINNEAPOLIS, MN
Fiscal year end
December
CIK
1027838
SIC
3841

Financial performance, year by year

Fiscal 2016–2025 · USD
$-55.29M$56.99M$169.28M$281.56M$393.85M2016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Tactile Systems Technology, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

225
funds hold it
0 of 35
superinvestors hold it
$212.34M
held by funds, at market
35.2%
of shares held by funds

Largest fund holders · Tactile Systems Technology, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.02%of fund net assets
Janus Henderson Small Cap Value Fund
JSIVX · Janus Investment Fund
0.93%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.01%of fund net assets
Federated Hermes MDT Small Cap Core Fund
QASCX · Federated Hermes MDT Series
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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