TransMedics (TMDX) Cost of Revenue (2018 - 2026)
TransMedics (TMDX) posted quarterly Cost of Revenue of $72.8 million for Q1 2026, up 31.57% year-over-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.
- In Q1 2026, Cost of Revenue rose 31.57% year-over-year to $72.8 million; the TTM figure through Mar 2026 stood at $260.2 million (up 31.47% YoY), while the FY2025 annual figure was $242.7 million, up 35.23% from the prior year.
- Cost of Revenue for Q1 2026 stood at $72.8 million, up from $67.4 million in the prior quarter.
- The five-year high for Cost of Revenue was $72.8 million in Q1 2026, with the low 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.
- The sharpest annual moves came in 2022 and 2025: Cost of Revenue soared 373.89% in 2022, then rose 23.65% in 2025.
- TransMedics' Cost of Revenue stood at $10.7 million in 2022, then soared by 211.56% to $33.2 million in 2023, then jumped by 49.21% to $49.6 million in 2024, then surged by 35.76% to $67.4 million in 2025, then advanced by 8.05% to $72.8 million in 2026.
- Business Quant data shows TMDX's Cost of Revenue at $72.8 million in Q1 2026, $67.4 million in Q4 2025, and $59.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.20 Bn | 194.60 Bn | 7.27 Bn | 5.33 Bn |
| 2 | Stryker | 129.69 Bn | 126.21 Bn | 4.50 Bn | 2.09 Bn |
| 3 | Medtronic | 120.14 Bn | 110.92 Bn | 6.41 Bn | 3.40 Bn |
| 4 | Boston Scientific | 74.16 Bn | 73.62 Bn | 3.85 Bn | 1.59 Bn |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.43 Bn | 1.35 Bn | 392.40 Mn |
| 6 | Dexcom | 34.57 Bn | 32.62 Bn | 830.00 Mn | 478.40 Mn |
| 7 | GE HealthCare Technologies | 34.09 Bn | 31.98 Bn | 2.18 Bn | 2.25 Bn |
| 8 | Koninklijke Philips | 26.49 Bn | 23.17 Bn | 4.55 Bn | 2.57 Bn |
| 9 | Steris | 23.19 Bn | 22.70 Bn | 684.20 Mn | 808.60 Mn |
| 10 | TransMedics | 3.23 Bn | 2.75 Bn | 113.20 Mn | 76.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 76.75 Mn |
| Jun 30, 2026 | 76.75 Mn |
| 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 |