Tactile Systems Technology Inc. (TCMD) Financial Statements (2026 and earlier)

Company Profile

Business Address 1331 TYLER STREET NE STE 200
MINNEAPOLIS, MN 55413
State of Incorp. MN
Fiscal Year End December 31
Industry (SIC) 3841 - Surgical and Medical Instruments and Apparatus (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments83,44694,36761,03321,92928,22947,855
Cash and cash equivalent83,44694,36761,03321,92928,22947,855
Receivables43,87644,93743,17354,82649,47843,849
Inventory, net of allowances, customer advances and progress billings14,02518,66622,52723,12419,21718,563
Inventory14,02518,66622,52723,12419,21718,563
Other undisclosed current assets23,82019,59318,56119,88416,62313,346
Total current assets:165,167177,563145,294119,763113,547123,613
Noncurrent Assets
Operating lease, right-of-use asset13,79816,63319,12821,32223,98420,132
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization5,1175,6036,1956,0776,7506,957
Intangible asset, including goodwill, after accumulated amortization70,23073,85277,78781,43885,1441,680
Goodwill31,06331,06331,06331,06331,063 
Intangible asset, excluding goodwill, after accumulated amortization39,16742,78946,72450,37554,0811,680
Deferred income tax assets9,78318,31119,378  10,198
Other noncurrent assets9,8475,9622,7203,3351,9982,074
Other undisclosed noncurrent assets   10,93623,06112,8479,433
Total noncurrent assets:108,775120,361136,144135,233130,72350,474
TOTAL ASSETS:273,942297,924281,438254,996244,270174,087
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities13,49913,42812,56319,22422,44022,866
Taxes payable✕✕✕✕✕162,658
Employee-related liabilities✕✕✕✕✕12,13911,588
Accounts payable4,9685,6486,6599,9845,0234,197
Accrued liabilities8,5317,7805,9049,2405,2624,423
Debt  2,9562,9562,9682,960 
Business combination, contingent consideration, liability    8,100  
Other liabilities3,4573,1474,4757,1523,3051,842
Other undisclosed current liabilities24,00121,17321,06326,8865,7562,006
Total current liabilities:40,95740,70441,05764,33034,46126,714
Noncurrent Liabilities
Long-term debt and lease obligation  23,22026,17620,97950,28719,388
Long-term debt, excluding current maturities  23,22026,17620,97926,933 
Liabilities, other than long-term debt14,08317,40320,56323,3713,4883,235
Accounts payable and accrued liabilities1,3201,4482,1272,5053,4563,235
Deferred income tax liabilities     32 
Other liabilities      
Operating lease, liability12,76315,95518,43620,86623,35419,388
Other undisclosed noncurrent liabilities    24,91627,807 
Total noncurrent liabilities:14,08340,62346,73969,26681,58222,623
Total liabilities:55,04081,32787,796133,596116,04349,337
Equity
Equity, attributable to parent218,902216,597193,642121,400128,227124,750
Common stock222424202019
Additional paid in capital163,940180,719174,724131,001119,962104,675
Retained earnings (accumulated deficit)54,94035,85418,894(9,621)8,24520,056
Total equity:218,902216,597193,642121,400128,227124,750
TOTAL LIABILITIES AND EQUITY:273,942297,924281,438254,996244,270174,087

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues329,522292,984274,423246,785208,057187,130
Cost of revenue(79,376)(76,296)(79,290)(70,809)(59,844)(54,320)
Cost of product and service sold(10,690)(11,481)(12,577)(11,190)(9,622)(9,011)
Gross profit:250,146216,688195,133175,976148,213132,810
Operating expenses(220,867)(194,507)(177,092)(188,734)(149,975)(136,438)
Operating income (loss):29,27922,18118,041(12,758)(1,762)(3,628)
Nonoperating income (expense)3,0983,393(2,271)(2,715)(531)1,367
Investment income, nonoperating3,0973,384    
Interest and debt expense(1,038)(2,085)    
Income (loss) from continuing operations before income taxes:31,33923,48915,770(15,473)(2,293)(2,261)
Income tax expense (benefit)(12,253)(6,529)12,745(2,393)(9,518)1,641
Income (loss) from continuing operations:19,08616,96028,515(17,866)(11,811)(620)
Loss before gain (loss) on sale of properties:✕✕✕✕✕(11,811)(620)
Net income (loss) available to common stockholders, diluted:19,08616,96028,515(17,866)(11,811)(620)

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income (loss):19,08616,96028,515(17,866)(11,811)(620)
Comprehensive income (loss):19,08616,96028,515(17,866)(11,811)(620)
Other undisclosed comprehensive loss, net of tax, attributable to parent      (26)
Comprehensive income (loss), net of tax, attributable to parent:19,08616,96028,515(17,866)(11,811)(646)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: