Tactile Systems (TCMD) Revenue & Revenue Breakdown
Tactile Systems Revenue Highlights
Latest Revenue (Y)
$274.42M
Latest Revenue (Q)
$317.00K
Main Segment (Y)
Sales revenue
Tactile Systems Revenue by Period
Tactile Systems Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $274.42M | 11.20% |
| 2022-12-31 | $246.78M | 18.61% |
| 2021-12-31 | $208.06M | 11.18% |
| 2020-12-31 | $187.13M | -1.25% |
| 2019-12-31 | $189.49M | 31.82% |
| 2018-12-31 | $143.75M | 31.54% |
| 2017-12-31 | $109.28M | 29.26% |
| 2016-12-31 | $84.54M | 34.47% |
| 2015-12-31 | $62.87M | 31.71% |
| 2014-12-31 | $47.74M | 28.41% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $317.00K | -99.48% |
| 2024-03-31 | $61.09M | -21.33% |
| 2023-12-31 | $77.65M | 11.59% |
| 2023-09-30 | $69.59M | 1.82% |
| 2023-06-30 | $68.34M | 16.13% |
| 2023-03-31 | $58.85M | -20.37% |
| 2022-12-31 | $73.90M | 13.24% |
| 2022-09-30 | $65.26M | 9.42% |
| 2022-06-30 | $59.65M | 24.32% |
| 2022-03-31 | $47.98M | -22.28% |
| 2021-12-31 | $61.73M | 17.58% |
| 2021-09-30 | $52.50M | 2.81% |
| 2021-06-30 | $51.06M | 19.38% |
| 2021-03-31 | $42.77M | -27.80% |
| 2020-12-31 | $59.24M | 20.68% |
| 2020-09-30 | $49.09M | 39.78% |
| 2020-06-30 | $35.12M | -19.59% |
| 2020-03-31 | $43.67M | -23.46% |
| 2019-12-31 | $57.06M | 15.02% |
| 2019-09-30 | $49.61M | 9.76% |
| 2019-06-30 | $45.20M | 20.16% |
| 2019-03-31 | $37.62M | -19.01% |
| 2018-12-31 | $46.45M | 27.88% |
| 2018-09-30 | $36.32M | 6.41% |
| 2018-06-30 | $34.13M | 27.13% |
| 2018-03-31 | $26.85M | -23.04% |
| 2017-12-31 | $34.89M | 23.35% |
| 2017-09-30 | $28.28M | 7.69% |
| 2017-06-30 | $26.26M | 32.31% |
| 2017-03-31 | $19.85M | -30.30% |
| 2016-12-31 | $28.48M | 25.81% |
| 2016-09-30 | $22.64M | 14.73% |
| 2016-06-30 | $19.73M | 44.01% |
| 2016-03-31 | $13.70M | -35.26% |
| 2015-12-31 | $21.16M | 25.80% |
| 2015-09-30 | $16.82M | 13.87% |
| 2015-06-30 | $14.77M | 45.94% |
| 2015-03-31 | $10.12M | -44.11% |
| 2014-12-31 | $18.11M | - |
Tactile Systems generated $317.00K in revenue during Q2 2024, up -99.48% compared to the previous quarter, and up 0.54% compared to the same period a year ago.
Tactile Systems Revenue Breakdown
Tactile Systems Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Sales revenue | $239.49M | $211.34M | $177.91M | - | - |
| Rental revenue | $34.93M | $35.44M | $30.14M | - | - |
| Flexitouch system | - | - | $176.23M | - | - |
| AffloVest | - | - | $5.14M | - | - |
| Entre system | - | - | $26.68M | - | - |
| 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/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rental revenue | $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 | $64.27M | $53.31M | $68.03M | $58.87M | $59.80M | $52.79M | $63.37M | $55.55M | $51.27M | $41.17M | $53.70M | $44.46M | - | - | - | - | - | - | - | - |
| Lymphedema products | - | - | - | - | - | - | - | $54.21M | $51.63M | $40.65M | - | - | - | - | - | - | - | - | - | - |
| Airway clearance products | - | - | - | - | - | - | - | $11.05M | $8.01M | $7.32M | - | - | - | - | - | - | - | - | - | - |
| Flexitouch system | - | - | - | - | - | - | - | - | - | - | $49.68M | $44.01M | - | - | - | - | - | - | - | - |
| Entre system | - | - | - | - | - | - | - | - | - | - | $7.76M | $7.62M | - | - | - | - | - | - | - | - |
| AffloVest | - | - | - | - | - | - | - | - | - | - | $4.28M | $861.00K | - | - | - | - | - | - | - | - |
| Flexitouch System | - | - | - | - | - | - | - | - | - | - | - | - | $45.09M | $37.44M | $51.29M | $42.91M | $31.13M | $38.59M | $51.56M | - |
| 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 | - |
| Entre Actitouch Systems | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.51M | $4.91M |
Tactile Systems's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Sales revenue (87.77%), and Rental revenue (12.23%).
Tactile Systems Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CNMD | CONMED | $1.24B | $332.10M |
| LIVN | LivaNova | $1.15B | $318.60M |
| IRTC | iRhythm | $492.68M | $148.05M |
| TCMD | Tactile Systems | $274.42M | $317.00K |
| FNA | Paragon 28 | $216.39M | $61.02M |
| ANIK | Anika Therapeutics | $166.66M | $41.92M |
| AXGN | AxoGen | $159.01M | $47.91M |
| KIDS | OrthoPediatrics | $148.73M | $52.80M |
| SRDX | Surmodics | $132.58M | $30.34M |
| RXST | RxSight | $89.08M | $45.52M |
| SGHT | Sight Sciences | $81.06M | $21.37M |
| LUNG | Pulmonx | $68.67M | $20.78M |
| NPCE | NeuroPace | $65.42M | $18.12M |
| CVRX | CVRx | $39.30M | $11.81M |
| AXDX | Accelerate Diagnostics | $12.06M | $2.99M |
| OFIX | Orthofix 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 Q2 2024 was $317K, a -99.48% decrease from the previous quarter (Q1 2024), and a -99.54% decrease year-over-year (Q2 2023). The company'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). TCMD's quarterly revenue for Q4 2023 was $77.65M, a 11.59% increase from the previous quarter (Q3 2023), and a 5.08% increase year-over-year (Q4 2022).
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.