Filing Flows › Tactile Systems Technology (TCMD) › Q2 2025
Tactile Systems Technology (TCMD) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 4, 2025
Tactile Systems Technology (TCMD) reported revenue of $78.9M for the second quarter 2025 (Q2 2025), +8% from a year earlier and +29% from the quarter before. Operating margin was 5.2%, net earnings $3.2M (4.1% of revenue).
Tactile Systems Technology, Q2 2025: revenue $78.9M (+8% year over year), operating margin 5.2%, net earnings $3.2M, operating cash flow $14.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $78.9M | +29% | +8% |
| Gross profit | $58.8M | +30% | +9% |
| Operating profit | $4.1M | — | -30% |
| Net earnings | $3.2M | — | -25% |
| Operating cash flow | $14.8M | 35× | +12% |
| Free cash flow | $14.4M | 379× | +14% |
What changed
Revenue was $78.9M in Q2 2025, up 8% year over year and up 29% from the previous quarter. Lymphedema products was the largest line at 84% of revenue. Airway clearance products added $4.4M year over year (up 52%), 77% of the total change.
Gross margin was 74.5%, up 0.6 points from a year earlier. Operating profit was $4.1M, a 5.2% margin (down 2.8 points year over year). Operating profit fell $1.8M even though revenue rose $5.7M versus a year earlier, so costs grew faster than sales. Operating expenses grew 13% against revenue growth of 8%. The fastest-growing cost line was General & admin (+31%). Net earnings were $3.2M, down 25% year over year. The effective tax rate was 28.9%.
Operating cash flow was $14.8M (up 12% year over year), 459% of net earnings. Non-cash charges added back $1.7M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items added $7.9M. Capital expenditures of $369K left free cash flow of $14.4M.
Questions
What was Tactile Systems Technology's revenue in the second quarter 2025?
Tactile Systems Technology (TCMD) reported revenue of $78.9M for the second quarter 2025 (Q2 2025), +8% from a year earlier and +29% from the quarter before.
Was Tactile Systems Technology profitable in the second quarter 2025?
Operating profit was $4.1M (5.2% of revenue) and net earnings $3.2M.