TransMedics (TMDX) Cost of Revenue (2018 - 2026)
TransMedics (TMDX) posted Cost of Revenue of $76.8 million for Q2 2026, up 5.47% on a QoQ basis from $72.8 million in Q1 2026, and up 26.27% year-over-year from $60.8 million in Q2 2025.
Analysis
TransMedics (TMDX) Cost of Revenue (2018 - 2026) Analysis & Trends
TransMedics has reported Cost of Revenue for 9 years, with the latest figure at $76.8 million in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 26.27% year-over-year to $76.8 million in Q2 2026; TTM through Jun 2026 was $276.1 million, a 29.26% 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 was $76.8 million for Q2 2026 at TransMedics, up from $72.8 million in the prior quarter.
- The five-year high for Cost of Revenue was $76.8 million in Q2 2026, with the low at $3.8 million in Q1 2022.
- Average Cost of Revenue over 5 years is $38.2 million, with a median of $41.0 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Cost of Revenue surged 373.89% in 2022, then advanced 23.65% in 2025.
- Over 5 years, Cost of Revenue stood at $10.7 million in 2022, then surged by 211.56% to $33.2 million in 2023, then soared by 49.21% to $49.6 million in 2024, then jumped by 35.76% to $67.4 million in 2025, then increased by 13.96% to $76.8 million in 2026.
- The last three Cost of Revenue figures came in at $76.8 million (Q2 2026), $72.8 million (Q1 2026), and $67.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 5.33 Bn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 931.90 Mn |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 3.42 Bn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 2.09 Bn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 1.59 Bn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 392.40 Mn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 18.00 Mn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 478.40 Mn |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 808.60 Mn |
| 10 | TransMedics | 2.98 Bn | 2.51 Bn | 113.20 Mn | 76.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 76.75 Mn |
| Mar 31, 2026 | 72.77 Mn |
| Dec 31, 2025 | 67.35 Mn |
| Sep 30, 2025 | 59.25 Mn |
| Jun 30, 2025 | 60.78 Mn |
| Mar 31, 2025 | 55.31 Mn |
| Dec 31, 2024 | 49.61 Mn |
| Sep 30, 2024 | 47.92 Mn |
| Jun 30, 2024 | 45.04 Mn |
| Mar 31, 2024 | 36.89 Mn |
| Dec 31, 2023 | 33.25 Mn |
| Sep 30, 2023 | 25.77 Mn |
| Jun 30, 2023 | 15.72 Mn |
| Mar 31, 2023 | 12.79 Mn |
| Dec 31, 2022 | 10.67 Mn |
| Sep 30, 2022 | 7.57 Mn |
| Jun 30, 2022 | 6.17 Mn |
| Mar 31, 2022 | 3.78 Mn |
| Dec 31, 2021 | 2.68 Mn |
| Sep 30, 2021 | 1.60 Mn |