TransMedics TMDX
NASDAQ TMDX
$86.40 -1.87 (-2.12%)
As of: Sep 9, 2026 · 3:59 PM EDT

TransMedics (TMDX) Operating Expenses (2018 - 2026)

TransMedics (TMDX) posted Operating Expenses of $89.5 million for Q2 2026, up 1.82% on a QoQ basis from $87.9 million in Q1 2026, and up 49.05% year-over-year from $60.0 million in Q2 2025.

Analysis

TransMedics (TMDX) Operating Expenses (2018 - 2026) Analysis & Trends

TransMedics has reported Operating Expenses for 9 years, with the latest figure at $89.5 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 49.05% year-over-year to $89.5 million in Q2 2026; TTM through Jun 2026 was $310.7 million, a 28.89% increase from a year earlier, with the FY2025 full-year figure at $254.2 million, up 13.2% from the prior year.
  • Operating Expenses was $89.5 million for Q2 2026 at TransMedics, up from $87.9 million in the prior quarter.
  • The five-year high for Operating Expenses was $89.5 million in Q2 2026, with the low at $21.5 million in Q1 2022.
  • Average Operating Expenses over 5 years is $52.0 million, with a median of $56.8 million recorded in 2024.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses surged 191.63% in 2023, then decreased 17.5% in 2024.
  • Over 5 years, Operating Expenses stood at $27.5 million in 2022, then jumped by 64.91% to $45.3 million in 2023, then surged by 39.82% to $63.4 million in 2024, then increased by 13.84% to $72.1 million in 2025, then rose by 24.01% to $89.5 million in 2026.
  • The last three Operating Expenses figures came in at $89.5 million (Q2 2026), $87.9 million (Q1 2026), and $72.1 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 183.04 Bn 177.44 Bn 7.27 Bn 10.90 Bn
2 Intuitive Surgical 125.02 Bn 119.81 Bn 1.96 Bn 988.50 Mn
3 Medtronic 117.84 Bn 109.02 Bn 6.34 Bn 3.97 Bn
4 Stryker 105.50 Bn 102.02 Bn 4.50 Bn 2.84 Bn
5 Boston Scientific 66.27 Bn 65.73 Bn 3.85 Bn 2.67 Bn
6 Edwards Lifesciences 49.60 Bn 45.35 Bn 1.35 Bn 846.40 Mn
7 Alcon 33.70 Bn 32.24 Bn 1.68 Bn -1.63 Bn
8 Dexcom 32.06 Bn 30.11 Bn 830.00 Mn 511.70 Mn
9 Steris 21.02 Bn 20.54 Bn 684.20 Mn 398.30 Mn
10 TransMedics 2.98 Bn 2.51 Bn 113.20 Mn 89.46 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 89.46 Mn
Mar 31, 2026 87.86 Mn
Dec 31, 2025 72.14 Mn
Sep 30, 2025 61.28 Mn
Jun 30, 2025 60.02 Mn
Mar 31, 2025 60.79 Mn
Dec 31, 2024 63.37 Mn
Sep 30, 2024 56.92 Mn
Jun 30, 2024 56.75 Mn
Mar 31, 2024 47.54 Mn
Dec 31, 2023 45.32 Mn
Sep 30, 2023 69.00 Mn
Jun 30, 2023 37.65 Mn
Mar 31, 2023 30.86 Mn
Dec 31, 2022 27.48 Mn
Sep 30, 2022 23.66 Mn
Jun 30, 2022 24.10 Mn
Mar 31, 2022 21.47 Mn
Dec 31, 2021 18.31 Mn
Sep 30, 2021 15.50 Mn