TransMedics (TMDX) Free Cash Flow (2018 - 2026)
TransMedics (TMDX) posted Free Cash Flow of $10.2 million for Q2 2026, up 184.27% on a QoQ basis from -$12.1 million in Q1 2026, and down 87.62% year-over-year from $82.5 million in Q2 2025.
Powered by 
Analysis
TransMedics (TMDX) Free Cash Flow (2018 - 2026) Analysis & Trends
TransMedics has reported Free Cash Flow for 9 years, with the latest figure at $10.2 million in Q2 2026.
- On a quarterly basis, Free Cash Flow fell 87.62% year-over-year to $10.2 million in Q2 2026; TTM through Jun 2026 was $79.0 million, a 355.52% increase from a year earlier, with the FY2025 full-year figure at $133.6 million, up 265.04% from the prior year.
- Free Cash Flow was $10.2 million for Q2 2026 at TransMedics, up from -$12.1 million in the prior quarter.
- The five-year high for Free Cash Flow was $82.5 million in Q2 2025, with the low at -$114.6 million in Q3 2023.
- Average Free Cash Flow over 5 years is -$9.5 million, with a median of -$10.9 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2025: Free Cash Flow plunged 565.76% in 2023, then jumped 4121.69% in 2025.
- Over 5 years, Free Cash Flow stood at -$6.8 million in 2022, then plunged by 392.93% to -$33.5 million in 2023, then jumped by 118.07% to $6.1 million in 2024, then soared by 213.67% to $19.0 million in 2025, then sank by 46.22% to $10.2 million in 2026.
- The last three Free Cash Flow figures came in at $10.2 million (Q2 2026), -$12.1 million (Q1 2026), and $19.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 1.99 Bn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 948.40 Mn |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 1.29 Bn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 1.06 Bn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 1.28 Bn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 585.00 Mn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 606.00 Mn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 184.50 Mn |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 279.60 Mn |
| 10 | TransMedics | 2.98 Bn | 2.51 Bn | 113.20 Mn | 10.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.22 Mn |
| Mar 31, 2026 | -12.12 Mn |
| Dec 31, 2025 | 19.00 Mn |
| Sep 30, 2025 | 61.95 Mn |
| Jun 30, 2025 | 82.53 Mn |
| Mar 31, 2025 | -29.89 Mn |
| Dec 31, 2024 | 6.06 Mn |
| Sep 30, 2024 | -41.35 Mn |
| Jun 30, 2024 | 1.96 Mn |
| Mar 31, 2024 | -47.61 Mn |
| Dec 31, 2023 | -33.51 Mn |
| Sep 30, 2023 | -114.59 Mn |
| Jun 30, 2023 | -7.18 Mn |
| Mar 31, 2023 | -9.59 Mn |
| Dec 31, 2022 | -6.80 Mn |
| Sep 30, 2022 | -17.21 Mn |
| Jun 30, 2022 | -13.35 Mn |
| Mar 31, 2022 | -20.36 Mn |
| Dec 31, 2021 | -9.83 Mn |
| Sep 30, 2021 | -9.42 Mn |