Tactile Systems Technology Inc
TCMD Nasdaq· Surgical & Medical Instruments & Apparatus
Last close · Oct 23, 2026
$23.64
KIRA · Stoqly’s AI analyst, in plain words
- Tactile Systems Technology Inc had $330M of revenue in fiscal 2025, up 12.5% on the year before. Over five years, revenue changed +12.0% a year on average.
- Its operating margin was 8.9%, up 1.3 pts: of every 100 in sales, about 9 is left after running the business.
- Tactile Systems Technology Inc made $19.1M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 20.8% a year.
- Free cash flow was $40.4M in fiscal 2025, 12.3% of revenue.
- Tactile Systems Technology Inc returned $26.6M to shareholders in fiscal 2025, 66% of free cash flow. The diluted share count fell 3.5%.
- Tactile Systems Technology Inc has $83.4M more cash than debt.
Market cap
$545M
P/E
22.1x
Revenue
$330M
Net income
$19.1M
Free cash flow
$40.4M
Operating margin
8.9%
Tactile Systems Technology Inc in 30 seconds · fiscal 2025
Are sales growing?
+12.5%
Yes. Sales grew 12.5% last year.
Does it make a profit?
5.8%
A little. It keeps 5.8% of every sale as profit.
Does profit turn into cash?
12.3%
Yes. 12.3% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
7 / 8
Solid. It passes 7 of 8 health tests.
How is the share priced?
22.1x
One share costs 22.1 times its yearly profit per share.
What Tactile Systems Technology Inc does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 17, 2026
- Legal name
- TACTILE SYSTEMS TECHNOLOGY INC
- CIK
- 0001027838
Tactile Systems Technology Inc · TCMD
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $208M | $247M | $274M | $293M | $330M |
| Revenue growth | 11.2% | 18.6% | 11.2% | 6.8% | 12.5% |
| Gross margin | 71.2% | 71.3% | 71.1% | 74.0% | 75.9% |
| Operating margin | −0.8% | −5.2% | 6.6% | 7.6% | 8.9% |
| Net income | −$11.8M | −$17.9M | $28.5M | $17.0M | $19.1M |
| Net margin | −5.7% | −7.2% | 10.4% | 5.8% | 5.8% |
| Diluted EPS | −$0.60 | −$0.89 | $1.23 | $0.70 | $0.82 |
| Cash | |||||
| Cash from operations | $2.6M | $5.2M | $35.9M | $40.7M | $42.8M |
| Capital expenditure | $2.1M | $1.8M | $2.3M | $2.4M | $2.4M |
| Free cash flow | $0.5M | $3.4M | $33.5M | $38.3M | $40.4M |
| FCF margin | 0.3% | 1.4% | 12.2% | 13.1% | 12.3% |
| Share buybacks | — | — | — | $3.5M | $26.6M |
| Share count change | 1.9% | 1.8% | 15.5% | 4.2% | −3.5% |
| Debt and strength | |||||
| Cash and short-term investments | $28.2M | $21.9M | $61.0M | $94.4M | $83.4M |
| Debt incl. finance leases | — | — | — | — | $0.0M |
| Shareholders' equity | $128M | $121M | $194M | $217M | $219M |
| Net debt / EBITDA | — | — | — | — | −2.3x |
| Current ratio | 3.3x | 1.9x | 3.5x | 4.4x | 4.0x |
| Interest coverage | — | −4.6x | 4.4x | 10.6x | 28.2x |
| Returns and quality | |||||
| Return on capital | — | — | — | — | 14.0% |
| Return on equity | −9.3% | −14.3% | 18.1% | 8.3% | 8.8% |
| Return on tangible equity | −27.4% | −44.7% | 24.6% | 11.9% | 12.8% |
| Piotroski F-score | 3 | 4 | 6 | 6 | 7 |
| Altman Z'' | 3.3 | 1.9 | 5.4 | 6.7 | 8.5 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$2.0M
3 insiders
Of sales under plans
7%
$0.1M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Tactile Systems Technology Inc · TCMD
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $23.64 a share, the company is worth $545M: 22.1 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001027838). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.