TransMedics (TMDX) Operating Margin (2018 - 2025)
TransMedics has reported Operating Margin over the past 8 years, most recently at 13.23% for Q4 2025.
- Quarterly results put Operating Margin at 13.23% for Q4 2025, up 613.0% from a year ago — trailing twelve months through Dec 2025 was 17.93% (up 944.0% YoY), and the annual figure for FY2025 was 17.93%, up 944.0%.
- Operating Margin for Q4 2025 was 13.23% at TransMedics, down from 16.2% in the prior quarter.
- Over the last five years, Operating Margin for TMDX hit a ceiling of 23.24% in Q2 2025 and a floor of 216.61% in Q3 2021.
- Median Operating Margin over the past 5 years was 3.38% (2023), compared with a mean of 32.25%.
- Biggest five-year swings in Operating Margin: tumbled -15879bps in 2021 and later surged 19502bps in 2022.
- TransMedics' Operating Margin stood at 132.57% in 2021, then skyrocketed by 84bps to 21.61% in 2022, then surged by 115bps to 3.21% in 2023, then skyrocketed by 122bps to 7.11% in 2024, then skyrocketed by 86bps to 13.23% in 2025.
- The last three reported values for Operating Margin were 13.23% (Q4 2025), 16.2% (Q3 2025), and 23.24% (Q2 2025) per Business Quant data.