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| Date | Value |
|---|---|
| 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% |