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Annual · values202520242023202220212020201920182017201620152014
Gross Margin53.81%52.07%49.17%51.54%53.53%52.23%53.60%48.85%40.98%28.00%36.49%30.67%
Operating Margin-18.45%-10.54%-31.19%-11.59%3.22%-1.60%-4.62%-24.27%-58.50%-92.64%-94.72%-152.17%
EBITDA Margin-16.71%-8.78%-29.09%-9.80%5.19%0.50%-2.94%-21.11%-52.12%-86.13%-88.09%-143.35%
Net Margin-20.17%-10.21%-29.77%-11.81%2.21%-6.89%-6.83%-66.68%-67.87%-99.05%-99.41%-159.94%
Current Ratio2.552.933.835.146.156.142.782.831.782.934.035.02
Quick Ratio2.022.333.024.475.635.522.282.531.032.253.374.36
Debt / Equity2.001.330.91-2.84-13.680.480.55
ROE-131.93%-36.50%-70.98%-21.50%3.59%-9.39%-12.70%-93.40%250.56%1407.91%-114.10%-145.72%
ROA-23.23%-9.92%-23.37%-8.99%1.72%-4.80%-7.59%-59.44%-76.60%-74.25%-57.88%-74.70%
Asset Turnover1.150.970.780.760.780.701.110.891.130.750.580.47
Book Value / Share2.314.024.836.866.736.013.332.73-5.13-0.192.192.34

Tandem Diabetes Care designs, develops, and commercializes advanced technology solutions for insulin-dependent diabetes management worldwide. The company's flagship products are the t:slim X2 insulin pump and the Tandem Mobi automated insulin delivery system, both featuring Control-IQ or Control-IQ+ hybrid closed-loop technology that helps optimize blood glucose levels. These durable insulin pumps work alongside continuous glucose monitoring systems, including integration with Abbott's FreeStyle Libre 3 Plus sensor. Tandem also manufactures disposable products such as infusion sets and cartridges for insulin storage and delivery. Nearly three-quarters of revenue derives from the United States, with the remainder primarily from other developed nations. The company serves individual patients with insulin-dependent diabetes across multiple distribution channels, including direct sales, pharmacy partnerships, and healthcare providers. Founded in 2006 and headquartered in San Diego, California, Tandem operates as a global leader in automated insulin delivery technology.