TransMedics (TMDX) Net Margin (2018 - 2026)
TransMedics' (TMDX) quarterly Net Margin came in at 4.21% in Q1 2026, down 1368.0% year-on-year from 0.33% in Q1 2025, and down 94.59% quarter-over-quarter from 77.71% in Q4 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.
- On a quarterly basis, Net Margin fell 1368.0% year-over-year to 4.21% in Q1 2026; TTM through Mar 2026 was 30.11%, a 2731.0% increase from a year earlier, with the FY2025 full-year figure at 31.43%, up 3140.0% from the prior year.
- Net Margin fell to 4.21% in Q1 2026 per TMDX's latest filing, from 77.71% in the prior quarter.
- Across five years, Net Margin topped out at 77.71% in Q4 2025 and bottomed at 66.51% in Q1 2022.
- The 5-year median for Net Margin is 2.46% (2023), against an average of 4.38%.
- Across the five-year window, Net Margin soared 21246 bps in 2022 and slumped 2585 bps in 2024, its largest moves.
- Year by year, Net Margin stood at 21.42% in 2022, then soared by 111 bps to 2.46% in 2023, then sank by 1051 bps to 23.39% in 2024, then surged by 432 bps to 77.71% in 2025, then plunged by 95 bps to 4.21% in 2026.
- Per Business Quant, the three latest TMDX Net Margin figures stand at 4.21% (Q1 2026), 77.71% (Q4 2025), and 16.91% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 9.65% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 12.38% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 12.84% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 25.77% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | - |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 16.74% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 3.87% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 8.01% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | TransMedics | 2.45 Bn | 1.98 Bn | 101.16 Mn | 4.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.21% |
| Dec 31, 2025 | 77.71% |
| Sep 30, 2025 | 16.91% |
| Jun 30, 2025 | 22.17% |
| Mar 31, 2025 | 17.89% |
| Dec 31, 2024 | -23.39% |
| Sep 30, 2024 | 3.88% |
| Jun 30, 2024 | 10.67% |
| Mar 31, 2024 | 12.59% |
| Dec 31, 2023 | 2.46% |
| 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 | -149.91% |
| Sep 30, 2021 | -241.38% |
| Jun 30, 2021 | -123.09% |