TransMedics (TMDX) Net Margin (2018 - 2026)
TransMedics (TMDX) reported Net Margin of 7.73% for Q2 2026, down 14.45 percentage points from 22.18% a year earlier but up 3.52 percentage points from the prior quarter.
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Analysis
TransMedics (TMDX) Net Margin (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, TransMedics' Net Margin came in at 22.69%, up 8.76 percentage points year-over-year; for FY2025, it came in at 31.43%, up 23.39 percentage points from FY2024.
- Net Margin has increased for four consecutive years, with a five-year change of +143.55 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 8.04% in FY2024 (+18.40 pp), -10.36% in FY2023 (+28.41 pp), -38.77% in FY2022 (+107.34 pp) and -146.11% in FY2021 (-33.98 pp).
- Five-year quarterly Net Margin spans a low of -239.46% in Q3 2021 and a high of 65.56% in Q4 2025.
- Year over year, Net Margin gained in six of the last eight quarters, with an average year-over-year change of +13.06 percentage points.
- The high point for year-over-year Net Margin in five years was Q3 2022 (a gain of 210.55 percentage points); the low point was Q3 2021 (a drop of 175.65 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 4.21% (Q1 2026), 65.56% (Q4 2025) and 16.91% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 14.47% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 7.37% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 13.89% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 28.29% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 15.07% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 19.37% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 16.67% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 13.89% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 7.57% |
| 10 | TransMedics | 2.89 Bn | 1.00 Bn | 113.20 Mn | 7.73% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.73% |
| Mar 31, 2026 | 4.21% |
| Dec 31, 2025 | 65.56% |
| Sep 30, 2025 | 16.91% |
| Jun 30, 2025 | 22.18% |
| Mar 31, 2025 | 19.53% |
| Dec 31, 2024 | 5.67% |
| Sep 30, 2024 | 3.88% |
| Jun 30, 2024 | 10.67% |
| Mar 31, 2024 | 12.59% |
| Dec 31, 2023 | 4.97% |
| 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 | -148.25% |
| Sep 30, 2021 | -239.46% |
API Access
TransMedics Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=TMDX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "TMDX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=TMDX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();