TransMedics (TMDX) Net Margin (2018 - 2026)

TransMedics (TMDX) recorded quarterly Net Margin of 4.21% in Q1 2026, down 63.61% quarter-over-quarter from 11.56% in Q4 2025, and down 1532.0% on a YoY basis from 0.29% in Q1 2025.

TransMedics (TMDX) Net Margin (2018 - 2026) Analysis & Trends

TransMedics' Net Margin history runs 9 years deep, the most recent figure standing at 4.21% for Q1 2026.

  • In Q1 2026, Net Margin fell 1532.0% year-over-year to 4.21%; the TTM figure through Mar 2026 stood at 13.38% (up 283.0% YoY), while the FY2025 annual figure was 13.86%, up 578.0% from the prior year.
  • Net Margin was 4.21% for Q1 2026 at TransMedics, down from 11.56% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 36.22% in Q4 2023 to a low of 66.51% in Q1 2022.
  • Historically, Net Margin has averaged 4.47% across 5 years, with a median of 4.21% in 2026.
  • Biggest YoY gain for Net Margin was 21055 bps in 2022; the steepest drop was 34882 bps in 2022.
  • A 5-year view of Net Margin shows it stood at 21.42% in 2022, then soared by 269 bps to 36.22% in 2023, then plunged by 84 bps to 5.82% in 2024, then soared by 99 bps to 11.56% in 2025, then tumbled by 64 bps to 4.21% in 2026.
  • The last three Net Margin figures came in at 4.21% (Q1 2026), 11.56% (Q4 2025), and 16.92% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 9.65%
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 12.38%
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 12.75%
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 25.77%
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn -
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 0.00%
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 16.74%
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 8.01%
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn -
10 TransMedics 2.72 Bn 2.26 Bn 101.16 Mn 4.21%

Historic Data

Download Data
DateValue
Mar 31, 2026 4.21%
Dec 31, 2025 11.56%
Sep 30, 2025 16.92%
Jun 30, 2025 22.17%
Mar 31, 2025 19.53%
Dec 31, 2024 5.82%
Sep 30, 2024 3.88%
Jun 30, 2024 10.67%
Mar 31, 2024 12.59%
Dec 31, 2023 36.22%
Sep 30, 2023 -38.27%
Jun 30, 2023 -1.91%
Mar 31, 2023 -6.34%
Dec 31, 2022 -21.42%
Sep 30, 2022 -28.91%
Jun 30, 2022 -56.15%
Mar 31, 2022 -66.51%
Dec 31, 2021 327.40%
Sep 30, 2021 -239.46%
Jun 30, 2021 -123.09%