TransMedics (TMDX) Net Margin (2018 - 2026)
TransMedics (TMDX) posted Net Margin of 7.73% for Q2 2026, up 84.55% on a QoQ basis from 4.19% in Q1 2026, and down 1444.0% year-over-year from 0.58% in Q2 2025.
Analysis
TransMedics (TMDX) Net Margin (2018 - 2026) Analysis & Trends
TransMedics has reported Net Margin for 9 years, with the latest figure at 7.73% in Q2 2026.
- On a quarterly basis, Net Margin fell 1444.0% year-over-year to 7.73% in Q2 2026; TTM through Jun 2026 was 25.62%, a 1213.0% increase from a year earlier, with the FY2025 full-year figure at 31.43%, up 2340.0% from the prior year.
- Net Margin was 7.73% for Q2 2026 at TransMedics, up from 4.19% in the prior quarter.
- The five-year high for Net Margin was 77.71% in Q4 2025, with the low at 66.51% in Q1 2022.
- Average Net Margin over 5 years is 2.02%, with a median of 4.35% recorded in 2026.
- The sharpest annual moves came in 2022 and 2026: Net Margin surged 21055 bps in 2022, then plunged 1444 bps in 2026.
- Over 5 years, Net Margin stood at 22.22% in 2022, then jumped by 120 bps to 4.51% in 2023, then advanced by 25 bps to 5.65% in 2024, then soared by 1275 bps to 77.71% in 2025, then sank by 90 bps to 7.73% in 2026.
- The last three Net Margin figures came in at 7.73% (Q2 2026), 4.19% (Q1 2026), and 77.71% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 187.42 Bn | 182.47 Bn | 7.27 Bn | 7.37% |
| 2 | Intuitive Surgical | 129.78 Bn | 124.69 Bn | 1.96 Bn | 28.46% |
| 3 | Medtronic | 120.53 Bn | 112.33 Bn | 6.34 Bn | 15.17% |
| 4 | Stryker | 116.28 Bn | 112.80 Bn | 4.50 Bn | 19.37% |
| 5 | Boston Scientific | 69.29 Bn | 68.99 Bn | 3.85 Bn | 16.67% |
| 6 | Edwards Lifesciences | 51.83 Bn | 47.68 Bn | 1.35 Bn | 13.87% |
| 7 | Alcon | 34.36 Bn | 32.91 Bn | 1.68 Bn | - |
| 8 | Dexcom | 33.17 Bn | 31.23 Bn | 830.00 Mn | 19.04% |
| 9 | Steris | 21.90 Bn | 21.43 Bn | 684.20 Mn | 13.47% |
| 10 | TransMedics | 3.12 Bn | 2.64 Bn | 113.20 Mn | 7.73% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.73% |
| Mar 31, 2026 | 4.19% |
| Dec 31, 2025 | 77.71% |
| Sep 30, 2025 | 16.92% |
| Jun 30, 2025 | 22.17% |
| Mar 31, 2025 | 17.89% |
| Dec 31, 2024 | 5.65% |
| Sep 30, 2024 | 3.88% |
| Jun 30, 2024 | 10.67% |
| Mar 31, 2024 | 12.59% |
| Dec 31, 2023 | 4.51% |
| Sep 30, 2023 | -38.27% |
| Jun 30, 2023 | -1.91% |
| Mar 31, 2023 | -6.34% |
| Dec 31, 2022 | -22.22% |
| Sep 30, 2022 | -28.91% |
| Jun 30, 2022 | -56.15% |
| Mar 31, 2022 | -66.51% |
| Dec 31, 2021 | -149.91% |
| Sep 30, 2021 | -239.46% |