TNDM - Tandem Diabetes Care, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$31.69
DETAILS
HIGH:
$55.00
LOW:
$21.00
MEDIAN:
$28.00
CONSENSUS:
$31.69
UPSIDE:
111.76%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||
| Revenue | 1,014.7 | 940.2 | 747.7 | 801.2 | 702.8 | 498.8 | 362.3 | 183.9 | 107.6 | 84.2 | 72.8 | 49.7 | 29.0 | 2.5 | 0 |
| Cost of Revenue | 483.9 | 450.6 | 380.0 | 388.2 | 326.6 | 238.3 | 168.1 | 94.0 | 63.5 | 60.7 | 46.3 | 34.5 | 22.8 | 3.8 | 0 |
| Gross Profit | 530.8 | 489.6 | 367.7 | 413.0 | 376.2 | 260.5 | 194.2 | 89.8 | 44.1 | 23.6 | 26.6 | 15.2 | 6.2 | (1.3) | 0 |
| Operating Expenses | |||||||||||||||
| R&D Expenses | 174.8 | 198.9 | 248.4 | 170.2 | 92.1 | 63.6 | 45.2 | 29.2 | 20.7 | 18.8 | 17.0 | 15.8 | 11.1 | 9.0 | 8.3 |
| SG&A Expenses | 434.1 | 389.8 | 352.5 | 335.7 | 261.5 | 204.9 | 165.7 | 105.2 | 86.4 | 82.8 | 78.6 | 75.1 | 44.5 | 22.7 | 16.0 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 609.0 | 588.7 | 600.9 | 505.8 | 353.6 | 268.5 | 210.9 | 134.5 | 107.0 | 101.6 | 95.6 | 90.9 | 55.6 | 31.7 | 24.2 |
| Operating Income | |||||||||||||||
| Operating Income | (78.1) | (99.1) | (233.2) | (92.8) | 22.7 | (8.0) | (16.7) | (44.6) | (62.9) | (78.1) | (69.0) | (75.7) | (49.4) | (33.0) | (24.2) |
| Interest Expense | 7.9 | 7.4 | 9.9 | 6.2 | 6.0 | 12.8 | 0.1 | 7.6 | 11.3 | 5.7 | 3.7 | 3.9 | 4.7 | 2.5 | 0.5 |
| Interest Income | 9.1 | 18.0 | 22.9 | 6.1 | 0.7 | 1.6 | 3.3 | 1.5 | 0.2 | 0.3 | 0.3 | 0.1 | 0.0 | 0.0 | 0.0 |
| Profitability | |||||||||||||||
| EBITDA | (174.7) | (99.1) | (196.5) | (74.2) | 34.1 | (13.0) | (18.5) | (109.2) | (54.8) | (72.3) | (63.8) | (71.2) | (55.3) | (28.5) | (22.9) |
| EBIT | (192.4) | (99.3) | (212.2) | (88.5) | 20.2 | (23.5) | (24.5) | (115.0) | (61.7) | (77.8) | (68.7) | (75.6) | (58.4) | (30.5) | (25.0) |
| Income Before Tax | (200.3) | (91.9) | (220.3) | (92.9) | 15.9 | (36.3) | (24.6) | (122.6) | (73.0) | (83.5) | (72.4) | (79.5) | (63.1) | (33.0) | (25.5) |
| Income Tax Expense | 4.4 | 4.2 | 2.4 | 1.7 | 0.3 | (1.9) | 0.1 | 0.1 | 0.0 | (0.0) | 0.0 | 0.1 | 4.7 | 2.5 | 0 |
| Net Income | (204.7) | (96.0) | (222.6) | (94.6) | 15.6 | (34.4) | (24.8) | (122.6) | (73.0) | (83.4) | (72.4) | (79.5) | (63.1) | (33.0) | (25.5) |
| Per Share Data | |||||||||||||||
| EPS (Basic) | -3.04 | -1.47 | -3.43 | -1.47 | 0.25 | -0.56 | -0.42 | -2.55 | -12.86 | -27.30 | -25.04 | -34.17 | -27.53 | -26.32 | -20.34 |
| EPS (Diluted) | -3.04 | -1.47 | -3.43 | -1.47 | 0.24 | -0.56 | -0.42 | -2.55 | -12.86 | -27.30 | -25.04 | -34.17 | -27.53 | -26.32 | -20.34 |
| Shares Outstanding | 67.3 | 65.5 | 64.9 | 64.1 | 63 | 61.0 | 58.5 | 48.1 | 5.7 | 3.1 | 2.9 | 2.3 | 2.3 | 1.3 | 1.3 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 90.6 | 69.2 | 58.9 | 172.5 | 71.2 | 94.6 | 51.2 | 41.8 | 13.7 | 44.7 |
| Short-Term Investments | 202.0 | 369.1 | 409.0 | 444.4 | 552.6 | 390.3 | 125.3 | 87.2 | 0.5 | 8.9 |
| Net Receivables | 165.5 | 114.6 | 105.6 | 114.7 | 110.7 | 82.2 | 46.6 | 35.2 | 20.8 | 11.2 |
| Inventory | 128.8 | 149.6 | 157.9 | 111.1 | 68.6 | 63.7 | 49.1 | 19.9 | 27.0 | 21.2 |
| Other Current Assets | 31.2 | 22.0 | 16.6 | 7.2 | 0 | 0 | 0 | 3.8 | 2.2 | 2 |
| Total Current Assets | 618.1 | 724.5 | 748.0 | 850.0 | 811.5 | 637.2 | 276.1 | 187.9 | 64.2 | 92.1 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 179.8 | 163.5 | 164.3 | 179.2 | 77.9 | 69.8 | 48.5 | 17.2 | 19.6 | 18.4 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0.9 | 2.8 | 4.6 | 6.6 | 8.8 | 0.8 | 1.1 | 1.5 | 1.8 |
| Long-Term Investments | 60.4 | 74.5 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 0 |
| Other Non-Current Assets | 22.9 | 4.2 | 37.6 | 19.0 | 9.1 | 0.6 | 0.7 | 0.1 | 10.1 | 0.1 |
| Total Non-Current Assets | 263.0 | 243.2 | 204.7 | 202.8 | 93.6 | 79.2 | 50.0 | 18.4 | 31.2 | 20.3 |
| Total Assets | 881.1 | 967.7 | 952.7 | 1,052.8 | 905.1 | 716.4 | 326.1 | 206.3 | 95.3 | 112.4 |
| Current Liabilities | ||||||||||
| Account Payables | 47.1 | 44.7 | 49.6 | 55.7 | 28.0 | 17.8 | 17.7 | 6.8 | 5.2 | 7.5 |
| Short-Term Debt | 19.5 | 40.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 9.5 | 11.8 | 44.0 | 18.8 | 10.2 | 6.1 | 3.9 | 4.6 | 2.5 | 5.2 |
| Other Current Liabilities | 166.7 | 47.1 | 71.9 | 68.0 | 74.9 | 65.8 | 63.4 | 30.8 | 13.9 | 8.6 |
| Total Current Liabilities | 242.7 | 247.0 | 195.3 | 165.3 | 131.9 | 103.9 | 99.4 | 66.3 | 36.1 | 31.5 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 425.0 | 308.3 | 285.0 | 283.2 | 281.5 | 203.0 | 0 | 0 | 76.5 | 79.0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 58.2 | 32.4 | 31.8 | 23.9 | 17.8 | 27.4 | 17.7 | 8.7 | 11.9 | 7.9 |
| Total Non-Current Liabilities | 483.2 | 457.5 | 443.8 | 447.5 | 340.2 | 246.3 | 31.7 | 8.7 | 88.4 | 86.8 |
| Total Liabilities | 725.9 | 704.6 | 639.0 | 612.8 | 472.0 | 350.1 | 131.1 | 75.0 | 124.5 | 118.3 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 |
| Retained Earnings | (1,252.5) | (1,047.8) | (951.8) | (729.2) | (634.6) | (659.2) | (624.8) | (600.1) | (477.6) | (404.6) |
| Accumulated Other Comprehensive Income | 5.6 | (1.9) | 1.4 | (1.8) | (0.6) | 0.2 | 0.1 | (0.0) | 0 | (0.0) |
| Total Stockholders' Equity | 155.2 | 263.1 | 313.6 | 439.9 | 433.1 | 366.3 | 195.0 | 131.3 | (29.1) | (5.9) |
| Total Liabilities & Equity | 881.1 | 967.7 | 952.7 | 1,052.8 | 905.1 | 716.4 | 326.1 | 206.3 | 95.3 | 112.4 |
| Debt Metrics | ||||||||||
| Total Debt | 444.5 | 473.6 | 415.7 | 419.9 | 314.7 | 228.3 | 20.4 | 0 | 76.5 | 79.0 |
| Net Debt | 353.8 | 404.3 | 356.8 | 247.4 | 243.5 | 133.7 | (30.8) | (41.8) | 62.8 | 34.3 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (204.7) | (96.0) | (222.6) | (94.6) | 15.6 | (34.4) | (24.8) | (122.6) | (73.0) | (83.4) |
| Depreciation & Amortization | 13.8 | 16.6 | 15.7 | 14.3 | 13.8 | 10.5 | 6.1 | 5.8 | 6.9 | 5.5 |
| Stock-Based Compensation | 92.4 | 101.4 | 88.1 | 84.9 | 60.8 | 58.4 | 58.1 | 23.7 | 12.6 | 11.7 |
| Change in Working Capital | (23.0) | (11.8) | (17.7) | (4.6) | 14.4 | (36.6) | (12.3) | 8.5 | (16.1) | 0.1 |
| Other Non-Cash Items | 111.8 | 14.0 | 104.7 | 50.5 | 6.8 | 28.9 | 14.9 | 76.3 | 3.7 | 1.1 |
| Operating Cash Flow | (9.7) | 24.2 | (31.8) | 50.5 | 111.4 | 24.7 | 41.9 | (8.3) | (66.1) | (61.2) |
| Investing Activities | ||||||||||
| Capital Expenditure | (19.9) | (19.2) | (26.8) | (34.1) | (23.5) | (32.3) | (19.5) | (3.0) | (5.7) | (8.9) |
| Acquisitions | 0 | 0 | (69.5) | (25.7) | 0 | 0 | 0 | 1.7 | 0 | (10.5) |
| Purchases of Investments | (85.7) | (264.3) | (535.7) | (467.7) | (733.4) | (497.1) | (164.6) | (123.6) | 0 | (30.6) |
| Sales/Maturities of Investments | 257.1 | 306.5 | 546.2 | 569.5 | 570.0 | 233.3 | 127.2 | 35.8 | 8.5 | 50 |
| Other Investing Activities | (78.6) | (46.4) | 0 | (8.9) | (9.3) | (4.9) | 0 | (1.7) | 8.5 | 10.5 |
| Investing Cash Flow | 72.9 | (23.5) | (85.7) | 33.2 | (186.9) | (296.1) | (57.0) | (90.7) | 2.8 | 10.4 |
| Financing Activities | ||||||||||
| Net Debt Issuance | (40.8) | 44.9 | 0 | 0 | 0 | 278.7 | 0 | (87.7) | 0 | 50.0 |
| Stock Repurchased | 0 | (30) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0.2 | 4.1 | (0.7) | 51.9 | 35.7 | 24.2 | 32.0 | (8) | 2.3 |
| Financing Cash Flow | (43.4) | 8.4 | 4.1 | 16.9 | 51.9 | 314.4 | 24.2 | 117.2 | 32.4 | 52.3 |
| Cash Position | ||||||||||
| Net Change in Cash | 21.4 | 10.4 | (113.6) | 101.3 | (23.4) | 43.4 | 9.3 | 18.1 | (31.0) | 1.6 |
| Cash at Beginning | 69.2 | 58.9 | 172.5 | 71.2 | 94.6 | 51.2 | 41.8 | 23.7 | 44.7 | 43.1 |
| Cash at End | 90.6 | 69.2 | 58.9 | 172.5 | 71.2 | 94.6 | 51.2 | 41.8 | 13.7 | 44.7 |
| Free Cash Flow | (29.7) | 5.0 | (58.6) | 16.4 | 87.8 | (7.6) | 22.4 | (11.3) | (71.9) | (70.1) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||
| Revenue | 1,014.7 | 940.2 | 747.7 | 801.2 | 702.8 | 498.8 | 362.3 | 183.9 | 107.6 | 84.2 | 72.8 | 49.7 | 29.0 | 2.5 | 0 |
| Gross Profit | 530.8 | 489.6 | 367.7 | 413.0 | 376.2 | 260.5 | 194.2 | 89.8 | 44.1 | 23.6 | 26.6 | 15.2 | 6.2 | (1.3) | 0 |
| Operating Income | (78.1) | (99.1) | (233.2) | (92.8) | 22.7 | (8.0) | (16.7) | (44.6) | (62.9) | (78.1) | (69.0) | (75.7) | (49.4) | (33.0) | (24.2) |
| Net Income | (204.7) | (96.0) | (222.6) | (94.6) | 15.6 | (34.4) | (24.8) | (122.6) | (73.0) | (83.4) | (72.4) | (79.5) | (63.1) | (33.0) | (25.5) |
| EPS (Diluted) | -3.04 | -1.47 | -3.43 | -1.47 | 0.24 | -0.56 | -0.42 | -2.55 | -12.86 | -27.30 | -25.04 | -34.17 | -27.53 | -26.32 | -20.34 |
| Balance Sheet | |||||||||||||||
| Cash & Equivalents | 90.6 | 69.2 | 58.9 | 172.5 | 71.2 | 94.6 | 51.2 | 41.8 | 13.7 | 44.7 | |||||
| Total Assets | 881.1 | 967.7 | 952.7 | 1,052.8 | 905.1 | 716.4 | 326.1 | 206.3 | 95.3 | 112.4 | |||||
| Total Debt | 444.5 | 473.6 | 415.7 | 419.9 | 314.7 | 228.3 | 20.4 | 0 | 76.5 | 79.0 | |||||
| Stockholders' Equity | 155.2 | 263.1 | 313.6 | 439.9 | 433.1 | 366.3 | 195.0 | 131.3 | (29.1) | (5.9) | |||||
| Cash Flow | |||||||||||||||
| Operating Cash Flow | (9.7) | 24.2 | (31.8) | 50.5 | 111.4 | 24.7 | 41.9 | (8.3) | (66.1) | (61.2) | |||||
| Capital Expenditure | (19.9) | (19.2) | (26.8) | (34.1) | (23.5) | (32.3) | (19.5) | (3.0) | (5.7) | (8.9) | |||||
| Free Cash Flow | (29.7) | 5.0 | (58.6) | 16.4 | 87.8 | (7.6) | 22.4 | (11.3) | (71.9) | (70.1) | |||||