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TACTILE SYSTEMS TECHNOLOGY INC

For the period ended Dec 31, 2025. Filed Feb 17, 2026.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 17, 2026

TCMD$26.59+2.2%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Consolidated Statements of Operations

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Tactile Systems Technology, Inc.
Consolidated Statements of Operations
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​Year Ended
​December 31,
(In thousands, except share and per share data) · 2025 · ​ ​ ​ · 2024 · ​ ​ ​ · 2023
Revenue​​​​​​​​
Sales revenue$292,593​$256,012​$239,493
Rental revenue36,929​36,972​34,930
Total revenue329,522​292,984​274,423
Cost of revenue​​​​​​​​
Cost of sales revenue68,686​64,815​66,713
Cost of rental revenue10,690​11,481​12,577
Total cost of revenue79,376​76,296​79,290
Gross profit​​​​​​​​
Gross profit - sales revenue223,907​191,197​172,780
Gross profit - rental revenue26,239​25,491​22,353
Gross profit250,146​216,688​195,133
Operating expenses​​​​​​​​
Sales and marketing121,237​112,009​107,119
Research and development8,481​8,832​7,823
Reimbursement, general and administrative88,705​71,135​62,074
Intangible asset amortization and earn-out​2,444​​2,531​​76
Total operating expenses220,867​194,507​177,092
Income from operations29,279​22,181​18,041
Interest income​3,097​​3,384​​1,874
Interest expense​(1,038)​​(2,085)​​(4,147)
Other income1​9​2
Income before income taxes31,339​23,489​15,770
Income tax expense (benefit)12,253​6,529​(12,745)
Net income$19,086​$16,960​$28,515
Net income per common share​​​​​​​​
Basic$0.83​$0.71​$1.24
Diluted$0.82​$0.70​$1.23
Weighted-average common shares used to compute net income per common share​​​​​​​​
Basic​22,872,841​​23,883,729​​22,925,497
Diluted​23,295,328​​24,138,244​​23,176,169
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.