Filing Flows › Tactile Systems Technology (TCMD) › Q3 2026
Tactile Systems Technology (TCMD) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 2, 2026
Tactile Systems Technology (TCMD) reported revenue of $91.9M for the third quarter 2026 (Q3 2026), +7% from a year earlier and +7% from the quarter before. Operating margin was 10.4%, net earnings $7.2M (7.8% of revenue).
Tactile Systems Technology, Q3 2026: revenue $91.9M (+7% year over year), operating margin 10.4%, net earnings $7.2M, operating cash flow $12.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $91.9M | +7% | +7% |
| Gross profit | $70.5M | +8% | +8% |
| Operating profit | $9.6M | +41% | -13% |
| Net earnings | $7.2M | -8% | -13% |
| Operating cash flow | $12.0M | +268% | +16% |
| Free cash flow | $11.4M | +479% | +24% |
What changed
Revenue was $91.9M in Q3 2026, up 7% year over year and up 7% from the previous quarter. Lymphedema products was the largest line at 89% of revenue. Lymphedema products added $9.5M year over year (up 13%), 155% of the total change. Airway clearance products declined 25%.
Gross margin was 76.7%, up 0.9 points from Q3 2025. Operating profit was $9.6M, a 10.4% margin (down 2.3 points year over year). Operating profit fell $1.4M even though revenue rose $6.1M versus Q3 2025, so costs grew faster than sales. Operating expenses grew 13% against revenue growth of 7%. The fastest-growing cost line was Other operating costs (+16%). Net earnings were $7.2M, down 13% year over year. The effective tax rate was 29.3%.
Operating cash flow was $12.0M (up 16% year over year), 167% of net earnings. Non-cash charges added back $1.8M of depreciation and amortization and $2.4M of share-based compensation. Working capital and other items added $669K. Capital expenditures of $553K left free cash flow of $11.4M.
Questions
What was Tactile Systems Technology's revenue in the third quarter 2026?
Tactile Systems Technology (TCMD) reported revenue of $91.9M for the third quarter 2026 (Q3 2026), +7% from a year earlier and +7% from the quarter before.
Was Tactile Systems Technology profitable in the third quarter 2026?
Operating profit was $9.6M (10.4% of revenue) and net earnings $7.2M.