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| Date | Value |
|---|---|
| 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 |