TORVANTA
Other · S&P 500 · data as of 2026-10-05

TNDM stock analysis: TNDM

TNDM (TNDM) is an S&P 500 company in Other. It grades weakest on profitability.

The model's view of TNDM · subscribers

Where TNDM ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with TNDM · updated 2026-10-05 · from prices and SEC filings

TNDM price performance

TNDM against the S&P 500, one year
+0%+50%+100%+150%TNDM +40%S&P 500 +18%2025-09-292026-10-05
Year to date-24.8%S&P 500 +14.5% · behind by 39.4 pts
1 year+12.3%S&P 500 +17.0% · behind by 4.7 pts
3 years-15.3%S&P 500 +89.3% · behind by 104.5 pts
5 years-86.4%S&P 500 +91.3% · behind by 177.7 pts

Total returns with dividends reinvested.

TNDM factor grades

Each grade compares TNDM with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

–ValueFCF yield -2.3% (industry 6.0%)
–GrowthRevenue growth +4% (industry +8%)
DProfitabilityOperating margin -4.4% (industry 9.6%)ROIC -5.4% (industry 10.1%)
C+Momentum12-month change +12%From 52-wk high -42%

TNDM in plain numbers

TNDM key statistics

SectorOther
Industryn/a
IndexS&P 500
Market value$1.1B
Revenue growth (y/y)+4%
Free-cash-flow yield-2.3%
Dividend yieldn/a
Next earnings (expected)2026-11-05
Valuation measures
Market value$1.1B
Enterprise value$1.7B
Price / sales1.1x
Price / book8.8x
EV / revenue1.6x
Financial highlights
Revenue, last 12 months$1.0B
Net income, last 12 months-$63.3M
EPS, last 12 months (GAAP)$-0.93
Gross margin56.0%
Operating margin-4.4%
Net margin-6.1%
Return on equity-48.0%
Return on invested capital-5.4%
Cash$62.8M
Total debt$602.6M
Debt / equity4.62x
Free cash flow, last 12 months-$26.6M
Current ratio3.18x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

TNDM earnings trends

Revenue vs earnings
-$130.6M-$25.3M$79.9M$185.1M$290.4MSep 2024 Revenue: $244.0MDec 2024 Revenue: $282.6MMar 2025 Revenue: $234.4MJun 2025 Revenue: $240.7MSep 2025 Revenue: $249.3MDec 2025 Revenue: $290.4MMar 2026 Revenue: $247.2MJun 2026 Revenue: $254.6MSep 2024 Net income: -$23.3MDec 2024 Net income: $755KMar 2025 Net income: -$130.6MJun 2025 Net income: -$52.4MSep 2025 Net income: -$21.2MDec 2025 Net income: -$589KMar 2026 Net income: -$20.4MJun 2026 Net income: -$21.2MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: -9.5%Net margin: 0.3%Net margin: -55.7%Net margin: -21.8%Net margin: -8.5%Net margin: -0.2%Net margin: -8.2%Net margin: -8.3%-56%-28%0%■ Revenue ■ Net income ━ Net margin
Earnings per share$-2.0$-1.5$-1.0$-0.5$0.0Sep 2024 EPS (GAAP, diluted): $-0.4Dec 2024 EPS (GAAP, diluted): $0.0Mar 2025 EPS (GAAP, diluted): $-2.0Jun 2025 EPS (GAAP, diluted): $-0.8Sep 2025 EPS (GAAP, diluted): $-0.3Dec 2025 EPS (GAAP, diluted): $-0.0Mar 2026 EPS (GAAP, diluted): $-0.3Jun 2026 EPS (GAAP, diluted): $-0.3Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Dec 2025 -200%

From the company's 10-Q and 10-K filings with the SEC.

TNDM financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$702.8M$801.2M$747.7M$940.2M$1.0B
Net income$15.6M-$94.6M-$222.6M-$96.0M-$204.7M
EPS (GAAP)$0.23$-1.48$-3.44$-1.46$-3.07
Free cash flow$97.2M$16.4M-$58.6M$5.0M-$29.7M

TNDM earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-08-06$-0.31n/a+6%+13.8%
2026-05-07$-0.30n/a+5%-14.7%
2026-02-19$-0.01-200%+3%+29.3%
2025-11-06$-0.31n/a+2%+11.8%
2025-08-06$-0.78n/a+8%-24.6%
2025-04-30$-1.97n/a+22%+18.4%

About TNDM

HeadquartersSan Diego, CA
Industry (SEC code)Surgical & Medical Instruments & Apparatus
Fiscal year endsDecember 31
Incorporated inDE
Listed onNasdaq

From the company's SEC registration record.

Companies similar to TNDM

CompanyMarket valueP/ERevenue growthOperating margin12-month change
TNDM TNDM$1.1Bn/a+4%-4.4%+12%
HZO HZO$1.2Bn/a-5%3.0%+86%compare
GIII GIII$1.2B8.8x-9%6.3%-1%compare
HFWA HFWA$1.1B13.3xn/an/a+19%compare
TNC TNC$1.2B65.5x-3%3.2%-16%
WEN WEN$1.2B9.2x-1%13.6%-32%
WD WD$1.1B29.5x+8%n/a-58%

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Frequently asked questions

Is TNDM stock a buy?

Torvanta does not tell individuals what to buy. Its grades for TNDM are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

When does TNDM report earnings next?

Based on its filing history, Torvanta expects TNDM to report around 2026-11-05.

How has TNDM performed against the S&P 500?

Over the past year TNDM returned +12.3%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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