Growth Metrics

TransMedics (TMDX) Operating Income (2018 - 2026)

TransMedics has reported Operating Income over the past 8 years, most recently at -$64.7 million for Q4 2025.

  • For Q4 2025, Operating Income fell 848.84% year-over-year to -$64.7 million; the TTM value through Dec 2025 reached $22.6 million, down 39.78%, while the annual FY2025 figure was $22.6 million, 39.78% down from the prior year.
  • Operating Income for Q4 2025 was -$64.7 million at TransMedics, down from $23.3 million in the prior quarter.
  • Over five years, Operating Income peaked at $36.6 million in Q2 2025 and troughed at -$64.7 million in Q4 2025.
  • A 5-year average of -$2.0 million and a median of -$3.8 million in 2022 define the central range for Operating Income.
  • Biggest five-year swings in Operating Income: skyrocketed 1480.57% in 2024 and later tumbled 848.84% in 2025.
  • Year by year, Operating Income stood at -$11.3 million in 2021, then surged by 40.16% to -$6.8 million in 2022, then surged by 138.4% to $2.6 million in 2023, then surged by 232.08% to $8.6 million in 2024, then tumbled by 848.84% to -$64.7 million in 2025.
  • Business Quant data shows Operating Income for TMDX at -$64.7 million in Q4 2025, $23.3 million in Q3 2025, and $36.6 million in Q2 2025.