Filing Flows › Tactile Systems Technology (TCMD) › Q3 2025
Tactile Systems Technology (TCMD) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 3, 2025
Tactile Systems Technology (TCMD) reported revenue of $85.8M for the third quarter 2025 (Q3 2025), +17% from a year earlier and +9% from the quarter before. Operating margin was 12.8%, net earnings $8.2M (9.6% of revenue).
Tactile Systems Technology, Q3 2025: revenue $85.8M (+17% year over year), operating margin 12.8%, net earnings $8.2M, operating cash flow $10.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $85.8M | +9% | +17% |
| Gross profit | $65.0M | +11% | +19% |
| Operating profit | $11.0M | +169% | +62% |
| Net earnings | $8.2M | +155% | +59% |
| Operating cash flow | $10.3M | -30% | +0.8% |
| Free cash flow | $9.2M | -36% | -0.9% |
What changed
Revenue was $85.8M in Q3 2025, up 17% year over year and up 9% from the previous quarter. Lymphedema products was the largest line at 84% of revenue. Lymphedema products added $7.1M year over year (up 11%), 56% of the total change.
Gross margin was 75.8%, up 0.8 points from a year earlier. Operating profit was $11.0M, a 12.8% margin (up 3.5 points year over year). Of the extra revenue versus a year earlier, 33% reached operating profit, above the 9% margin then. Operating expenses grew 13% against revenue growth of 17%. The fastest-growing cost line was General & admin (+18%). Net earnings were $8.2M, up 59% year over year. The effective tax rate was 28.2%.
Operating cash flow was $10.3M (up 1% year over year), 126% of net earnings. Non-cash charges added back $1.6M of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items used $1.3M. Capital expenditures of $1.1M left free cash flow of $9.2M.
Questions
What was Tactile Systems Technology's revenue in the third quarter 2025?
Tactile Systems Technology (TCMD) reported revenue of $85.8M for the third quarter 2025 (Q3 2025), +17% from a year earlier and +9% from the quarter before.
Was Tactile Systems Technology profitable in the third quarter 2025?
Operating profit was $11.0M (12.8% of revenue) and net earnings $8.2M.