TransMedics (TMDX) Free Cash Flow (2018 - 2026)
TransMedics' quarterly Free Cash Flow came in at -$12.1 million in Q1 2026, down 203.78% year-on-year from $11.7 million in Q1 2025, and down 115.85% quarter-over-quarter from $76.5 million in Q4 2025.
TransMedics has reported Free Cash Flow for 9 years, with the latest figure at -$12.1 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 203.78% year-over-year to -$12.1 million; the trailing twelve-month figure through Mar 2026 stood at $183.0 million (up 286.26% YoY), and the FY2025 full-year result was $191.1 million, up 308.82% from the prior year.
- Free Cash Flow for Q1 2026 stood at -$12.1 million, down from $76.5 million in the prior quarter.
- The five-year high for Free Cash Flow was $91.5 million in Q2 2025, with the low at -$20.4 million in Q1 2022.
- Average Free Cash Flow over 5 years is $9.0 million, with a median of -$4.6 million recorded in 2024.
- Year-over-year, Free Cash Flow surged 413.84% in 2024 and sank 203.78% in 2026.
- Tracing TMDX's Free Cash Flow over 5 years: stood at -$15.0 million in 2022, then jumped by 150.44% to $7.6 million in 2023, then jumped by 144.67% to $18.5 million in 2024, then jumped by 312.81% to $76.5 million in 2025, then tumbled by 115.85% to -$12.1 million in 2026.
- The last three Free Cash Flow figures came in at -$12.1 million (Q1 2026), $76.5 million (Q4 2025), and $27.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 916.00 Mn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 415.00 Mn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 2.30 Bn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 171.00 Mn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | -21.10 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 305.56 Mn |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 449.00 Mn |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 204.00 Mn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 245.20 Mn |
| 10 | TransMedics | 2.32 Bn | 1.86 Bn | 101.16 Mn | -12.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.12 Mn |
| Mar 31, 2026 | -12.12 Mn |
| Dec 31, 2025 | 76.50 Mn |
| Dec 31, 2025 | 76.50 Mn |
| Sep 30, 2025 | 27.08 Mn |
| Sep 30, 2025 | 27.08 Mn |
| Jun 30, 2025 | 91.51 Mn |
| Jun 30, 2025 | 91.51 Mn |
| Mar 31, 2025 | -3.99 Mn |
| Mar 31, 2025 | -3.99 Mn |
| Dec 31, 2024 | 18.53 Mn |
| Dec 31, 2024 | 18.53 Mn |
| Sep 30, 2024 | 7.47 Mn |
| Sep 30, 2024 | 7.47 Mn |
| Jun 30, 2024 | 25.36 Mn |
| Jun 30, 2024 | 25.36 Mn |
| Mar 31, 2024 | -4.62 Mn |
| Mar 31, 2024 | -4.62 Mn |
| Dec 31, 2023 | 7.57 Mn |
| Dec 31, 2023 | 7.57 Mn |
| Sep 30, 2023 | -6.29 Mn |
| Sep 30, 2023 | -6.29 Mn |
| Jun 30, 2023 | -8.08 Mn |
| Jun 30, 2023 | -8.08 Mn |
| Mar 31, 2023 | -8.69 Mn |
| Mar 31, 2023 | -8.69 Mn |
| Dec 31, 2022 | -15.02 Mn |
| Dec 31, 2022 | -15.02 Mn |
| Sep 30, 2022 | -13.88 Mn |
| Sep 30, 2022 | -13.88 Mn |
| Jun 30, 2022 | -8.47 Mn |
| Jun 30, 2022 | -8.47 Mn |
| Mar 31, 2022 | -20.36 Mn |
| Mar 31, 2022 | -20.36 Mn |
| Dec 31, 2021 | -9.83 Mn |
| Dec 31, 2021 | -9.83 Mn |
| Sep 30, 2021 | -9.62 Mn |
| Sep 30, 2021 | -9.62 Mn |
| Jun 30, 2021 | -5.59 Mn |
| Jun 30, 2021 | -5.59 Mn |
| Mar 31, 2021 | -7.35 Mn |
| Mar 31, 2021 | -7.35 Mn |
| Dec 31, 2020 | -7.57 Mn |
| Dec 31, 2020 | -7.57 Mn |
| Sep 30, 2020 | -6.04 Mn |
| Sep 30, 2020 | -6.04 Mn |
| Jun 30, 2020 | -8.66 Mn |
| Jun 30, 2020 | -8.66 Mn |
| Mar 31, 2020 | -8.45 Mn |
| Mar 31, 2020 | -8.45 Mn |
| Dec 28, 2019 | -7.34 Mn |
| Dec 28, 2019 | -7.34 Mn |
| Sep 28, 2019 | -5.67 Mn |
| Sep 28, 2019 | -5.67 Mn |
| Jun 29, 2019 | -12.18 Mn |
| Jun 29, 2019 | -12.18 Mn |
| Mar 30, 2019 | -7.27 Mn |
| Mar 30, 2019 | -7.27 Mn |
| Dec 29, 2018 | -6.25 Mn |
| Dec 29, 2018 | -6.25 Mn |
| Sep 29, 2018 | -6.31 Mn |
| Sep 29, 2018 | -6.31 Mn |
| Jun 30, 2018 | -7.47 Mn |
| Jun 30, 2018 | -7.47 Mn |
| Mar 31, 2018 | -6.37 Mn |
| Mar 31, 2018 | -6.37 Mn |