TransMedics (TMDX) Cost of Revenue (2018 - 2026)

TransMedics' (TMDX) quarterly Cost of Revenue came in at $72.8 million in Q1 2026, up 31.57% year-on-year from $55.3 million in Q1 2025, and up 8.05% quarter-over-quarter from $67.4 million in Q4 2025.

TransMedics (TMDX) Cost of Revenue (2018 - 2026) Analysis & Trends

TransMedics' Cost of Revenue history runs 9 years deep, the most recent figure standing at $72.8 million for Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 31.57% year-over-year to $72.8 million in Q1 2026; TTM through Mar 2026 was $260.2 million, a 31.47% increase from a year earlier, with the FY2025 full-year figure at $242.7 million, up 35.23% from the prior year.
  • Cost of Revenue improved to $72.8 million in Q1 2026 per TMDX's latest filing, from $67.4 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $72.8 million in Q1 2026 and bottomed at $3.8 million in Q1 2022.
  • The 5-year median for Cost of Revenue is $36.9 million (2024), against an average of $35.9 million.
  • Across the five-year window, Cost of Revenue soared 373.89% in 2022 and climbed 23.65% in 2025, its largest moves.
  • Year by year, Cost of Revenue stood at $10.7 million in 2022, then jumped by 211.56% to $33.2 million in 2023, then surged by 49.21% to $49.6 million in 2024, then soared by 35.76% to $67.4 million in 2025, then climbed by 8.05% to $72.8 million in 2026.
  • Per Business Quant, the three latest TMDX Cost of Revenue figures stand at $72.8 million (Q1 2026), $67.4 million (Q4 2025), and $59.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Abbott Laboratories 182.32 Bn 175.02 Bn 6.27 Bn 4.89 Bn
2 Stryker 128.75 Bn 125.88 Bn 3.81 Bn 2.21 Bn
3 Medtronic 107.83 Bn 98.61 Bn 6.41 Bn 3.40 Bn
4 Boston Scientific 67.61 Bn 66.15 Bn 3.61 Bn 12.00 Mn
5 Edwards Lifesciences 48.13 Bn 44.45 Bn 1.29 Bn 362.60 Mn
6 Dexcom 28.26 Bn 27.14 Bn 750.30 Mn 441.60 Mn
7 GE HealthCare Technologies 27.78 Bn 25.50 Bn 1.98 Bn 481.00 Mn
8 Smith & Nephew 26.99 Bn 26.41 Bn - -
9 Koninklijke Philips 23.92 Bn 20.80 Bn 2.07 Bn 2.51 Bn
10 TransMedics 2.56 Bn 2.10 Bn 101.16 Mn 72.77 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 72.77 Mn
Mar 31, 2026 72.77 Mn
Dec 31, 2025 67.35 Mn
Dec 31, 2025 67.35 Mn
Sep 30, 2025 59.25 Mn
Sep 30, 2025 59.25 Mn
Jun 30, 2025 60.78 Mn
Jun 30, 2025 60.78 Mn
Mar 31, 2025 55.31 Mn
Mar 31, 2025 55.31 Mn
Dec 31, 2024 49.61 Mn
Dec 31, 2024 49.61 Mn
Sep 30, 2024 47.92 Mn
Sep 30, 2024 47.92 Mn
Jun 30, 2024 45.04 Mn
Jun 30, 2024 45.04 Mn
Mar 31, 2024 36.89 Mn
Mar 31, 2024 36.89 Mn
Dec 31, 2023 33.25 Mn
Dec 31, 2023 33.25 Mn