# Tactile Systems Technology share price today (Tactile Systems Technology, Inc., TCMD)

> Tactile Systems Technology, Inc. is reporting record margins. TCMD · Healthcare · Medical Devices · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/tcmd

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## Key numbers

- Business trend: Turning around, from the last 12 quarters
- Price: $24.78 (+64.4% in a year)
- P/E: 24.0× (higher than 61% of the last 3.3 years)
- Revenue (Jun 2026): $85.7 M (+8.6% on a year ago)
- Profit (Jun 2026): $7.8 M (+142.0% on a year ago)
- Operating margin: 8.0% (+2.8 points on a year ago)
- ROE: 9%, FY25
- ROIC: 13.2%, against a 8.5% cost of capital: +4.7 points

The main question: the share price moved +64.4% in a year while yearly earnings per share moved +17.1%. The difference came from the market paying a higher multiple. ## What is the Tactile Systems Technology share price today? Tactile Systems Technology, Inc.'s share price was $24.78 at the close on 3 November 2026. It has been moving sideways for 13 weeks. That is 4.0% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 12 weeks running. In the last 52 weeks it traded between $22 and $31, and at that close it sat 31% of the way up from that low. Over the last 10 years the share price moved +120% while the S&P 500 moved +247%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Tactile Systems Technology pay? Tactile Systems Technology, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Tactile Systems Technology on? Tactile Systems Technology is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Tactile Systems Technology profitable? Tactile Systems Technology, Inc. earned $7.8 M of net profit in the Jun 2026 quarter, +142.0% on the same quarter a year earlier. Full-year FY25 profit was $19.1 M. That is 9.1% of the quarter's revenue. The same quarter a year earlier earned $3.2 M. 3 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was $19.1 M (+12.5% on the year before). Why profit moved: revenue changed +8.6% on a year earlier and the margin moved +2.8 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +70.2% and revenue +17.4%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does Tactile Systems Technology make, and is it growing? Tactile Systems Technology, Inc. reported $85.7 M of revenue in the Jun 2026 quarter, +8.6% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 12.2% a year on average. The last full year, FY25, came in at $330 M. The last four reported quarters add to $350 M. FY25 revenue was $330 M, +12.5% on the year before. Recent pace: the last four quarters grew +17.4% on average, against 12.2% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +17.2%, against +11.5% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +64.5%, against −12.7% a year (accelerating). ## How much of every $100 of sales does Tactile Systems Technology keep? Tactile Systems Technology, Inc.'s operating margin was 8.0% in the Jun 2026 quarter, 2.8 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between −0.6% and 8.9%. The latest quarter is within that range. Across 5 years it has been between −0.6% and 8.9%, and FY25's 8.9% is the highest of them. Why the margin moved: operating margin changed +2.8 percentage points on the year while gross margin changed +1.8 points. So the gain came mostly from the gross margin, which means input costs and prices charged. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## Is Tactile Systems Technology's profit turning into cash? Over the last 3 years, 185% of Tactile Systems Technology, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $42.8 M of operating cash against $19.1 M of profit. After $2.4 M of spending on assets, $40.4 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Tactile Systems Technology's cash go? Tactile Systems Technology, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $7.1 M on assets over the last 3 years. Averaged over those years that is 0.7% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $7.1 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Tactile Systems Technology's P/E ratio, and how does it compare with its own history? Tactile Systems Technology, Inc.'s P/E is 24.0×, in the middle of its own history: higher than 61% of past readings. Its usual P/E (the middle reading) is 21.3×, over 3.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +17.1% while the price moved +64.4%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved +24.3% a year; about +0.4% a year came from earnings growth and about +23.9 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Tactile Systems Technology business getting better or worse? Tactile Systems Technology, Inc.'s business is turning around. Profit growth has swung from −42.6% at its low to +64.5%, improving for 4 quarters in a row, with ROCE rising at 14.8%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does Tactile Systems Technology earn on its capital? Tactile Systems Technology, Inc. earned a ROE of 9% in FY25. That is up from a low of −15% in FY22. Its return on capital used (ROIC) is 4.7 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 5.8% net margin and 1.20× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 5.8% net margin × 1.20× asset turnover × 1.25× leverage (assets divided by equity) ≈ 8.7% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 13.2% − 8.5% = +4.7 percentage points. The 8.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 13.2% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 11.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Tactile Systems Technology have too much debt? Tactile Systems Technology, Inc. has total debt of $14.4 M against shareholder equity of $224 M as of Jun 2026, so its debt is 0.06× its equity, which is very little. Year by year, that ratio went from 0.63 in FY21 to 0.07 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Tactile Systems Technology shareholding pattern? 13.8% of Tactile Systems Technology, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 11.2 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Tactile Systems Technology from balance-sheet trouble? For Tactile Systems Technology, Inc., the Z-score is 7.77. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 7.77 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Tactile Systems Technology rank in its industry? There is no score against its industry: Tactile Systems Technology, Inc. is not among the largest members shown in this industry comparison for Medical Devices. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Tactile Systems Technology compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Tactile Systems Technology in size? Tactile Systems Technology is the 51st largest of 75 Medical Devices companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Varex Imaging Corporation, Cytek Biosciences, Inc. and Pacific Biosciences of California, Inc. Just below it: Sight Sciences, Inc., Delcath Systems, Inc. and AVITA Medical, Inc. ### Medical Devices companies close in size

1. [Varex Imaging Corporation](https://www.sectoralpha.in/us/stocks/vrex) $781 million
2. [Cytek Biosciences, Inc.](https://www.sectoralpha.in/us/stocks/ctkb) $775 million
3. [Pacific Biosciences of California, Inc.](https://www.sectoralpha.in/us/stocks/pacb) $758 million
4. Tactile Systems Technology, Inc. $561 million
5. [Sight Sciences, Inc.](https://www.sectoralpha.in/us/stocks/sght) $519 million
6. [Delcath Systems, Inc.](https://www.sectoralpha.in/us/stocks/dcth) $500 million
7. [AVITA Medical, Inc.](https://www.sectoralpha.in/us/stocks/rcel) $474 million

[All 75 Medical Devices companies, largest first](https://www.sectoralpha.in/us/sectors/medical-devices#all-companies)

### Companies close in size in other industries

1. [MasterCraft Boat Holdings, Inc.](https://www.sectoralpha.in/us/stocks/mcft) $523 million · Recreational Vehicles
2. [Array Technologies, Inc.](https://www.sectoralpha.in/us/stocks/arry) $522 million · Solar
3. Tactile Systems Technology, Inc. $522 million
4. [AMTD Digital Inc.](https://www.sectoralpha.in/us/stocks/hkd) $522 million · Software - Application
5. [Pangaea Logistics Solutions Ltd.](https://www.sectoralpha.in/us/stocks/panl) $521 million · Marine Shipping

## What else do people ask about Tactile Systems Technology? ### What were Tactile Systems Technology's latest quarterly results? Tactile Systems Technology, Inc. reported revenue of $85.7 M and net profit of $7.8 M for the Jun 2026 quarter. Revenue rose 8.6% and profit rose 142.0% compared with a year earlier. Earnings per share were $0.34. The operating margin was 8.0%, 2.8 percentage points higher than a year earlier (as of 3 November 2026). ### What is Tactile Systems Technology's market cap? Tactile Systems Technology, Inc.'s market capitalisation is $561 M at a stock price of $24.78. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Tactile Systems Technology performing? Tactile Systems Technology, Inc.'s share price has been moving sideways for 13 weeks. In its latest quarter, revenue rose 8.6% and profit rose 142.0% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 12 weeks running (as of 3 November 2026). ### Will Tactile Systems Technology's stock price go up? This page does not forecast Tactile Systems Technology, Inc.'s stock price. What it shows instead: the stock price is $24.78, and it has been moving sideways for 13 weeks. Its P/E of 24.0× is higher than 61% of its own last 3 years (as of 3 November 2026). ### Does Tactile Systems Technology have too much debt? No, Tactile Systems Technology, Inc. has little debt: its debt is 0.08× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Tactile Systems Technology in its business cycle? Tactile Systems Technology, Inc.'s FY25 operating margin was 8.9%, against a 5-year range of −0.6% to 8.9%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 8.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Tactile Systems Technology story? The main question: the share price moved +64.4% in a year while yearly earnings per share moved +17.1%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Tactile Systems Technology a stock worth studying right now? What the numbers show: Tactile Systems Technology, Inc. is reporting record margins. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.