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Companies / Health Care / Tandem Diabetes Care, Inc.
TNDM

Tandem Diabetes Care, Inc.

Health CareSurgical & Medical Instruments
Ticker TNDMSan Diego, CAFiscal year ends DecemberBook value per share $1.96Diluted shares 69.0M

Tandem Diabetes Care, Inc. (Nasdaq: TNDM) develops and commercializes insulin-delivery systems and related diabetes technology for people with insulin-dependent diabetes. Its durable insulin pumps include the t:slim X2 and Tandem Mobi, which can be used with continuous glucose monitors and the Control-IQ+ automated… From the company’s description.

Over the twelve months to Sep 30, 2026, Tandem Diabetes Care, Inc. reported revenue of $1.08B, up 6.8% from a year earlier, and a net loss of $49.23M. Its operating margin was −2.4%, and operations used $14.61M in cash. In fiscal 2025, it reported revenue of $1.01B, up 7.9% from fiscal 2024, and a net loss of $204.71M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$1.01BFY2025
+7.9% year over year
Last 12 mo $1.08B
-18.45%FY2025
−7.9 percentage points
Last 12 mo -2.35%
$-204.71MFY2025
−113.2% year over year
Last 12 mo $-49.23M
-131.93%FY2025
−95.4 percentage points
Last 12 mo -36.45%
Cash & financing
$-9.72MFY2025
−140.1% year over year
Last 12 mo $-14.61M
$-29.67MFY2025
−694.1% year over year
Last 12 mo $-36.30M
2.00FY2025
Was 1.33× a year earlier
Last 12 mo 4.47
67.3MFY2025
+2.8% year over year
Last 12 mo 69.0M

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 Tandem Diabetes Care, Inc. does

In the company’s own words

Tandem Diabetes Care, Inc. (Nasdaq: TNDM) develops and commercializes insulin-delivery systems and related diabetes technology for people with insulin-dependent diabetes. Its durable insulin pumps include the t:slim X2 and Tandem Mobi, which can be used with continuous glucose monitors and the Control-IQ+ automated insulin-delivery algorithm to adjust insulin dosing. The company also sells replacement cartridges and infusion sets, and offers software and data services including Tandem Source, the Tandem Device Updater and Sugarmate. Its customers include people with diabetes, their caregivers and healthcare providers; products are sold through direct operations and independent distributors in more than 25 countries. Tandem serves nearly 500,000 people worldwide. In 2025, its Control-IQ+ technology was indicated in the United States for adults with type 2 diabetes requiring intensive insulin therapy, as well as for people with type 1 diabetes ages two and older. Its pump portfolio also integrates with sensors from Dexcom and Abbott.

Company details
Sector
Health Care
Industry (SIC)
Surgical & Medical Instruments
Headquarters
San Diego, CA
Fiscal year end
December
CIK
1438133
SIC
3841

Financial performance, year by year

Fiscal 2014–2025 · USD
$-352.46M$37.08M$426.62M$816.16M$1.21B201420152016201720182019202020212022202320242025Last 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 Tandem Diabetes Care, Inc. — and what changed

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

216
funds hold it
0 of 35
superinvestors hold it
$433.26M
held by funds, at market
38.9%
of shares held by funds
2
bond issues held by funds

Largest fund holders · Tandem Diabetes Care, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.06%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.03%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.01%of fund net assets
—of fund net assets

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

Tandem Diabetes Care, Inc.’s bonds, as funds hold them

Funds report holding 2 issues of Tandem Diabetes Care, Inc.’s debt, $46.25M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 1.50%, maturing 2029 to 2032.

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.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Tandem Diabetes Care, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Tandem Diabetes Care, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Tandem Diabetes Care, Inc.'s last four quarterly filings that the numbers alone won't show?”
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