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How Tactile Systems Technology (TCMD) makes money

Tactile Systems Technology (TCMD) made $91.9M of revenue in the third quarter 2026 (Q3 2026), +7% from a year earlier. Lymphedema products brought in $81.8M (89%); Airway clearance products brought in $10.0M (11%). Of every dollar of revenue, 77¢ was left as gross profit, 10¢ was left as operating profit, 8¢ was left as net earnings.

Drawing the Sankey…

Tactile Systems Technology revenue by segment, Q3 2026Tactile Systems Technology revenue by segment, Q3 2026Lymphedema products$81.8MAirway clearance products$10.0M
Tactile Systems Technology: revenue by line, Q1 2025 to Q3 2026Tactile Systems Technology: revenue by line, Q1 2025 to Q3 2026Lymphedema productsAirway clearance prod…Lymphedema products: $81.8M latest$81.8MAirway clearance products: $10.0M latest$10.0MQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Lymphedema products went from 83% of revenue in Q1 2025 to 89% in Q3 2026, the largest shift in the mix.
Tactile Systems Technology revenue by quarterTactile Systems Technology revenue by quarter$61.3MQ1 2025$78.9MQ2 2025$85.8MQ3 2025$104MQ4 2025$75.3MQ1 2026$85.7MQ2 2026$91.9MQ3 2026
Tactile Systems Technology: where each dollar of revenue goesTactile Systems Technology: where each dollar of revenue goesCost of revenue23¢Gross profit77¢Operating expenses66¢Operating profit10¢Income tax3¢Net earnings8¢Operating cash flow13¢Free cash flow12¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Lymphedema products$81.8M89.1%+11%+13%
Airway clearance products$10.0M10.9%-17%-25%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$91.9M100.0%
Cost of revenue$21.4M23.3%
Gross profit$70.5M76.7%
Operating expenses$60.9M66.3%
Operating profit$9.6M10.4%
Income tax$3.0M3.2%
Net earnings$7.2M7.8%
Operating cash flow$12.0M13.0%
Free cash flow$11.4M12.4%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$91.9M+7%
Q2 2026$85.7M+9%
Q1 2026$75.3M+23%
Q4 2025$104M+21%
Q3 2025$85.8M+17%
Q2 2025$78.9M+8%
Q1 2025$61.3M+0.3%

From Tactile Systems Technology's 10-Q filed Nov 2, 2026 (on EDGAR).

Questions

How does Tactile Systems Technology make money?

Tactile Systems Technology (TCMD) made $91.9M of revenue in the third quarter 2026 (Q3 2026), +7% from a year earlier. Lymphedema products brought in $81.8M (89%); Airway clearance products brought in $10.0M (11%). Of every dollar of revenue, 77¢ was left as gross profit, 10¢ was left as operating profit, 8¢ was left as net earnings.

What is Tactile Systems Technology's biggest business?

Lymphedema products: $81.8M in the third quarter 2026, 89% of revenue, +13% from a year earlier.

What is Tactile Systems Technology's profit margin?

Net earnings were $7.2M, 7.8% of revenue, in the third quarter 2026; the operating margin was 10.4%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.