Tactile Systems Technology, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC, reporting third-quarter total revenue of $91,858 thousand and nine-month total revenue of $252,823 thousand.

Key Highlights

  • Total revenue (Q3 2026): $91,858 thousand, up from $85,755 thousand in Q3 2025, according to the filing.
  • Nine-month total revenue: $252,823 thousand for the nine months ended September 30, 2026, compared with $225,928 thousand for the same period in 2025.
  • Total assets: $291,294 thousand as of September 30, 2026, versus $273,942 thousand as of December 31, 2025.
  • Retained earnings: $68,122 thousand as of September 30, 2026, compared with $54,940 thousand as of December 31, 2025.
  • Cash: $75,110 thousand as of September 30, 2026, down from $83,446 thousand as of December 31, 2025.
  • Shares outstanding: 22,495,939 shares of common stock issued and outstanding as of September 30, 2026; 22,401,373 shares as of October 29, 2026.
  • Goodwill: $39,554 thousand as of September 30, 2026, up from $31,063 thousand as of December 31, 2025.

Tactile Systems Technology Q3 2026 Financial Position and Operating Results

According to the filing, Tactile Systems Technology, Inc. (NASDAQ:TCMD), a Delaware corporation headquartered in Minneapolis, Minnesota, reported total revenue of $91,858 thousand for the three months ended September 30, 2026. This consisted of sales revenue of $82,329 thousand and rental revenue of $9,529 thousand. For the comparable quarter in 2025, the company reported total revenue of $85,755 thousand, comprising sales revenue of $76,890 thousand and rental revenue of $8,865 thousand.

For the nine months ended September 30, 2026, the filing disclosed total revenue of $252,823 thousand, including sales revenue of $225,784 thousand and rental revenue of $27,039 thousand, compared with $225,928 thousand in total revenue for the nine months ended September 30, 2025. Total cost of revenue for the three-month period was $21,369 thousand, versus $20,754 thousand in the prior-year quarter. The nine-month cost of revenue was $59,371 thousand, compared with $56,788 thousand for the same period in 2025.

The condensed consolidated balance sheet as of September 30, 2026 showed total assets of $291,294 thousand and total liabilities of $64,042 thousand, with total stockholders' equity of $227,252 thousand. Goodwill increased to $39,554 thousand from $31,063 thousand at December 31, 2025, and intangible assets, net, rose to $43,721 thousand from $39,167 thousand over the same period. The company reported accounts payable of $11,792 thousand as of September 30, 2026, up from $4,968 thousand at year-end 2025. The filing notes forward-looking statements are subject to the company's cautionary language regarding risks including reimbursement, competitive, regulatory, and macroeconomic factors.

What Was Disclosed

Tactile Systems Technology filed its quarterly report for the period ended September 30, 2026, disclosing revenue, cost, balance sheet, and share count data. Total revenue grew to $91,858 thousand in Q3 2026, and total assets stood at $291,294 thousand at quarter-end.