Filing Flows › Tactile Systems Technology (TCMD) › Q1 2025
Tactile Systems Technology (TCMD) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 5, 2025
Tactile Systems Technology (TCMD) reported revenue of $61.3M for the first quarter 2025 (Q1 2025), +0.3% from a year earlier and -28% from the quarter before. Operating margin was -7.4%, net loss $3.0M (4.9% of revenue).
Tactile Systems Technology, Q1 2025: revenue $61.3M (+0.3% year over year), operating margin -7.4%, net loss $3.0M, operating cash flow $417K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $61.3M | -28% | +0.3% |
| Operating profit | −$4.5M | — | — |
| Net earnings | −$3.0M | — | — |
| Operating cash flow | $417K | -97% | -55% |
| Free cash flow | $38K | -100% | -91% |
What changed
Revenue was $61.3M in Q1 2025, roughly flat year over year and down 28% from the previous quarter. Lymphedema products was the largest line at 83% of revenue. Airway clearance products added $1.9M year over year (up 22%), 1077% of the total change. Lymphedema products declined 3%.
Gross margin was 74.0%, up 2.9 points from a year earlier. Operating costs exceeded revenue by $4.5M, an operating margin of -7.4%. Operating expenses grew 8% against flat revenue. The fastest-growing cost line was General & admin (+23%). The quarter ended with a net loss of $3.0M, after a profit of $9.7M the previous quarter.
Operating cash flow was $417K (down 55% year over year). Non-cash charges added back $1.7M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items used $401K. Capital expenditures of $379K left free cash flow of $38K.
Questions
What was Tactile Systems Technology's revenue in the first quarter 2025?
Tactile Systems Technology (TCMD) reported revenue of $61.3M for the first quarter 2025 (Q1 2025), +0.3% from a year earlier and -28% from the quarter before.
Was Tactile Systems Technology profitable in the first quarter 2025?
Operating loss was $4.5M (-7.4% of revenue) and net loss $3.0M.