Growth Metrics

TransMedics (TMDX) Operating Margin (2018 - 2025)

TransMedics (TMDX) has 8 years of Operating Margin data on record, last reported at 40.26% in Q4 2025.

  • For Q4 2025, Operating Margin fell 4737.0% year-over-year to 40.26%; the TTM value through Dec 2025 reached 3.73%, down 476.0%, while the annual FY2025 figure was 3.73%, 476.0% down from the prior year.
  • Operating Margin reached 40.26% in Q4 2025 per TMDX's latest filing, down from 16.2% in the prior quarter.
  • Across five years, Operating Margin topped out at 23.24% in Q2 2025 and bottomed at 216.61% in Q3 2021.
  • Average Operating Margin over 5 years is 33.8%, with a median of 13.31% recorded in 2022.
  • Peak YoY movement for Operating Margin: tumbled -15160bps in 2021, then soared 19502bps in 2022.
  • A 5-year view of Operating Margin shows it stood at 117.17% in 2021, then soared by 82bps to 21.61% in 2022, then skyrocketed by 115bps to 3.21% in 2023, then soared by 122bps to 7.11% in 2024, then tumbled by -667bps to 40.26% in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Margin were 40.26% in Q4 2025, 16.2% in Q3 2025, and 23.24% in Q2 2025.