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Tactile Systems (TCMD) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Tactile Systems Revenue Highlights

Latest Revenue (Y)

$274.42M

Latest Revenue (Q)

$73.09M

Main Segment (Y)

Sales revenue

Tactile Systems Revenue by Period

Tactile Systems Revenue by Year

DateRevenueChange
2023-12-31$274.42M11.20%
2022-12-31$246.78M18.61%
2021-12-31$208.06M11.18%
2020-12-31$187.13M-1.25%
2019-12-31$189.49M31.82%
2018-12-31$143.75M31.54%
2017-12-31$109.28M29.26%
2016-12-31$84.54M34.47%
2015-12-31$62.87M31.71%
2014-12-31$47.74M28.41%
2013-12-31$37.18M-

Tactile Systems generated $274.42M in revenue during NA 2023, up 11.20% compared to the previous quarter, and up 190.90% compared to the same period a year ago.

Tactile Systems Revenue by Quarter

DateRevenueChange
2024-09-30$73.09M-0.17%
2024-06-30$73.22M19.86%
2024-03-31$61.09M-21.33%
2023-12-31$77.65M11.59%
2023-09-30$69.59M1.82%
2023-06-30$68.34M16.13%
2023-03-31$58.85M-20.37%
2022-12-31$73.90M13.24%
2022-09-30$65.26M9.42%
2022-06-30$59.65M24.32%
2022-03-31$47.98M-22.28%
2021-12-31$61.73M17.58%
2021-09-30$52.50M2.81%
2021-06-30$51.06M19.38%
2021-03-31$42.77M-27.80%
2020-12-31$59.24M20.68%
2020-09-30$49.09M39.78%
2020-06-30$35.12M-19.59%
2020-03-31$43.67M-23.46%
2019-12-31$57.06M15.02%
2019-09-30$49.61M9.76%
2019-06-30$45.20M20.16%
2019-03-31$37.62M-19.01%
2018-12-31$46.45M27.88%
2018-09-30$36.32M6.41%
2018-06-30$34.13M27.13%
2018-03-31$26.85M-23.04%
2017-12-31$34.89M23.35%
2017-09-30$28.28M7.69%
2017-06-30$26.26M32.31%
2017-03-31$19.85M-30.30%
2016-12-31$28.48M25.81%
2016-09-30$22.64M14.73%
2016-06-30$19.73M44.01%
2016-03-31$13.70M-35.26%
2015-12-31$21.16M25.80%
2015-09-30$16.82M13.87%
2015-06-30$14.77M45.94%
2015-03-31$10.12M-44.11%
2014-12-31$18.11M-

Tactile Systems generated $73.09M in revenue during Q3 2024, up -0.17% compared to the previous quarter, and up 106.96% compared to the same period a year ago.

Tactile Systems Revenue Breakdown

Tactile Systems Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Sales revenue$239.49M$211.34M$177.91M--
Rental revenue$34.93M$35.44M$30.14M--
AffloVest--$5.14M--
Entre system--$26.68M--
Flexitouch system--$176.23M--
Flexitouch System---$163.91M$171.32M
Product And Service Other---$23.22M-
Rental Product Service---$25.63M$26.59M
Product---$161.50M$162.90M
Entre Actitouch Systems----$18.17M

Tactile Systems's latest annual revenue breakdown by segment (product or service), as of Dec 23: Sales revenue (87.27%), and Rental revenue (12.73%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Rental revenue$9.93M$8.95M$7.78M$9.62M$10.72M$8.54M$6.05M$10.54M$9.72M$8.38M$6.81M$8.03M$8.04M-------
Sales revenue$63.17M$64.27M$53.31M$68.03M$58.87M$59.80M$52.79M$63.37M$55.55M$51.27M$41.17M$53.70M$44.46M-------
Airway clearance products--------$11.05M$8.01M$7.32M---------
Lymphedema products--------$54.21M$51.63M$40.65M---------
Flexitouch system-----------$49.68M$44.01M-------
AffloVest-----------$4.28M$861.00K-------
Entre system-----------$7.76M$7.62M-------
Product And Service Other-------------$5.97M$5.33M$7.95M$6.18M$3.99M$5.09M-
Product-------------$43.63M$36.13M$51.78M$42.57M$29.52M$37.62M$50.40M
Rental Product Service-------------$7.43M$6.65M$7.46M$6.52M$5.60M$6.05M$6.66M
Flexitouch System-------------$45.09M$37.44M$51.29M$42.91M$31.13M$38.59M$51.56M
Entre Actitouch Systems-------------------$5.51M

Tactile Systems's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Sales revenue (86.42%), and Rental revenue (13.58%).

Tactile Systems Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
CNMDCONMED$1.24B$316.70M
LIVNLivaNova$1.15B$318.11M
IRTCiRhythm$492.68M$147.54M
TCMDTactile Systems$274.42M$73.09M
FNAParagon 28$216.39M$61.02M
ANIKAnika Therapeutics$166.66M$38.75M
AXGNAxoGen$159.01M$48.64M
KIDSOrthoPediatrics$148.73M$52.80M
SRDXSurmodics$132.58M$30.34M
RXSTRxSight$89.08M$45.41M
SGHTSight Sciences$81.06M$20.16M
LUNGPulmonx$68.67M$20.39M
NPCENeuroPace$65.42M$21.06M
CVRXCVRx$39.30M$13.37M
AXDXAccelerate Diagnostics$12.06M$2.98M
OFIXOrthofix Medical$100.00K$198.62M

TCMD Revenue FAQ

What is Tactile Systems’s yearly revenue?

Tactile Systems's yearly revenue for 2023 was $274.42M, representing an increase of 11.20% compared to 2022. The company's yearly revenue for 2022 was $246.78M, representing an increase of 18.61% compared to 2021. TCMD's yearly revenue for 2021 was $208.06M, representing an increase of 11.18% compared to 2020.

What is Tactile Systems’s quarterly revenue?

Tactile Systems's quarterly revenue for Q3 2024 was $73.09M, a -0.17% decrease from the previous quarter (Q2 2024), and a 5.04% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $73.22M, a 19.86% increase from the previous quarter (Q1 2024), and a 7.14% increase year-over-year (Q2 2023). TCMD's quarterly revenue for Q1 2024 was $61.09M, a -21.33% decrease from the previous quarter (Q4 2023), and a 3.81% increase year-over-year (Q1 2023).

What is Tactile Systems’s revenue growth rate?

Tactile Systems's revenue growth rate for the last 3 years (2021-2023) was 31.90%, and for the last 5 years (2019-2023) was 44.82%.

What are Tactile Systems’s revenue streams?

Tactile Systems's revenue streams in c 23 are Sales revenue, and Rental revenue. Sales revenue generated $239.49M in revenue, accounting 87.27% of the company's total revenue, up 13.32% year-over-year. Rental revenue generated $34.93M in revenue, accounting 12.73% of the company's total revenue, down -1.44% year-over-year.

What is Tactile Systems’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Tactile Systems was Sales revenue. This segment made a revenue of $239.49M, representing 87.27% of the company's total revenue.