Company Analysis

Tactile Systems Technology, Inc. (TCMD)

Nasdaq: TCMD · Surgical & Medical Instruments & Apparatus · Minneapolis, MN · filing with the SEC since 2002
Grade6.6
◀ Past 6.8● Present 7.0▶ Future 5.7

The grade of Tactile Systems Technology, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.6/10
◀ Past6.830% of the headline
● Present7.040% of the headline
▶ Future5.730% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.8/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
8.3/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 83rd percentile among 121 sector filers · read for itself

From the record

Tactile Systems Technology, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.5/10

What has it actually done, year after year?

+16.3% a year over 10 filed years; profitable in 7 of 10.

weight 45% of this tense · 65th percentile among 105 sector filers · read for its customers

From the record

Tactile Systems Technology, Inc.'s 10 filed years say what it did: revenue went from $85 million in fiscal 2016 to $330 million in fiscal 2025, up 16.3% a year; it rose in 8 of 9 years; the deepest fall was 1% from fiscal 2019 to fiscal 2020; net income was positive in 7 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span16.3%top 48% of its family
  • the share of years revenue rosetop 36% of its family
  • the share of filed years with a profittop 24% of its family
  • the deepest fall from a revenue peak1.2%top 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
5.3/10

How has it treated the people who own it?

Share count grew 5.1% a year. 25% of cash flow returned. Insiders: 14 sales, 0 purchases.

weight 22% of this tense · 53rd percentile among 40 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Tactile Systems Technology, Inc.'s diluted share count grew about 5.1% a year, and dividends and buybacks returned about 25% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 14 sales (3 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-09 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 44% of its family
  • cash returned against operating cash flowtop 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

7.0/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
8.8/10

Is it financially healthy right now?

ROE 9%: 9¢ of profit per shareholder dollar. Leverage 20%: owes 20¢ per asset dollar.

weight 45% of this tense · 88th percentile among 120 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Tactile Systems Technology, Inc. earned about 9 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 91 cents per dollar of everything the company owns. Leverage: it owed about 20 cents per dollar of assets, and net share issuance: its share count shrank 3.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 18% of its family
  • return on equitytop 23% of its family
  • gross profit against assetstop 3% of its family
  • the share count against the year beforetop 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.2/10

How strong is its position in its industry?

top 38% of 109 in its family; net margin 5.8%.

weight 33% of this tense · 62nd percentile among 109 sector filers · read for its customers

From the record

Tactile Systems Technology, Inc.'s standing among 109 graded names in its industry family: revenue of $330 million in fiscal 2025 ranks in the top 31% by size; a net margin of 5.8% ranks in the top 25%; revenue growth of 10.1% a year over the last 3 filed years ranks in the bottom 43% (its annual reports).

What it rests on

  • revenue against the family$330Mtop 31% of its family
  • net margin5.8%top 25% of its family
  • three-year revenue growth10.1%bottom 43% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
4.6/10

What are the people in charge doing?

bottom 46% of 91 in its family for leadership; chief executive since 2024.

weight 22% of this tense · 46th percentile among 91 sector filers · read for its shareholders

From the record

Tactile Systems Technology, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Dodd, Sheri Louise (Chief Executive Officer, as filed), filing under that title since 2024-08-09, 2.3 years (bottom 33% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 4.3 years (bottom 32%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (top 26%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge4 in three years among 12 peopletop 26% of its family
  • the median years the people in charge have filed4.3 yearsbottom 32% of its family
  • the chief executive's years on the record2.3 yearsbottom 33% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.7/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.0/10

How much room does it have to grow?

top 40% of 104 in its family for room to expand.

weight 45% of this tense · 60th percentile among 104 sector filers · read for itself

From the record

Tactile Systems Technology, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $83 million against debt of $0 thousand leaves 30.5% of its assets as net cash, top 28% of its family; cash from operations less capital spending is 12.3% of revenue (top 22%); a gross margin of 75.9% (top 20%); research spending of 2.6% of revenue (bottom 12%) (its annual report).

What it rests on

  • cash less debt against assets30.5%top 28% of its family
  • cash from operations less capital spending against revenue12.3%top 22% of its family
  • gross margin75.9%top 20% of its family
  • research spending against revenue2.6%bottom 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.9/10

What could actually drive growth from here?

bottom 49% of 105 in its family for growth drivers.

weight 33% of this tense · 49th percentile among 105 sector filers · read for its customers

From the record

Tactile Systems Technology, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 10.1% a year over the last three filed years against 16.3% over all 10, slowing (bottom 33% of its family); the newest year grew 12.5% (bottom 47%); research spending grew 6.2% a year (top 48%); capital spending grew 10.2% a year (top 36%) (its annual reports). Tactile Systems Technology, Inc. reported 2 product lines in fiscal 2025: Product at $293 million (89%), Rental Product Service at $37 million (11%); 1 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-6.2 points a yearbottom 33% of its family
  • the newest year's revenue growth12.5%bottom 47% of its family
  • three-year growth of research spending6.2%top 48% of its family
  • three-year growth of capital spending10.2%top 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.3/10

Did its newest year beat what its own record pointed to?

top 37% of 88 in its family for expectations against reality.

weight 22% of this tense · 63rd percentile among 88 sector filers · read for its shareholders

From the record

Tactile Systems Technology, Inc.'s newest year against its own record: revenue of $330 million in fiscal 2025 came in 3.2% above the $319 million its prior three years' pace pointed to (top 29% of its family); net income of $19 million against a prior three-year average of $9 million (top 15%); a net margin of 5.8% against 3% before (bottom 34%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace3.2%top 29% of its family
  • net income against the prior three years' average+107%top 15% of its family
  • net margin against its prior average+2.8 pointsbottom 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton TCMD · research, not advice