TransMedics (TMDX) Tax Rate (2018 - 2026)
TransMedics' quarterly Tax Rate came in at 13.79% in Q1 2026, up 1004.0% year-on-year from 1.25% in Q1 2025, and down 88.69% quarter-over-quarter from 121.93% in Q4 2025.
TransMedics has reported Tax Rate for 9 years, with the latest figure at 13.79% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 1004.0% year-over-year to 13.79%; the trailing twelve-month figure through Mar 2026 stood at 600.02% (up 59822.0% YoY), and the FY2025 full-year result was 7074.27%, down 707455.0% from the prior year.
- Tax Rate for Q1 2026 stood at 13.79%, down from 121.93% in the prior quarter.
- The five-year high for Tax Rate was 121.93% in Q4 2025, with the low at 5.64% in Q3 2025.
- Average Tax Rate over 5 years is 8.54%, with a median of 0.06% recorded in 2022.
- Peak annual rise in Tax Rate reached 12313 bps in 2025, while the deepest fall reached 633 bps in 2025.
- Tracing TMDX's Tax Rate over 5 years: stood at 0.28% in 2022, then surged by 1812 bps to 4.85% in 2023, then tumbled by 125 bps to 1.2% in 2024, then soared by 10245 bps to 121.93% in 2025, then plunged by 89 bps to 13.79% in 2026.
- The last three Tax Rate figures came in at 13.79% (Q1 2026), 121.93% (Q4 2025), and 5.64% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 25.67 |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 12.35 |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 18.09 |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | -15.15 |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 17.06 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -23.16 |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 25.97 |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 18.61 |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 27.65 |
| 10 | TransMedics | 2.32 Bn | 1.86 Bn | 101.16 Mn | 13.79 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.79 |
| Mar 31, 2026 | 13.79 |
| Dec 31, 2025 | 121.93 |
| Dec 31, 2025 | 121.93 |
| Sep 30, 2025 | -5.64 |
| Sep 30, 2025 | -5.64 |
| Jun 30, 2025 | 3.59 |
| Jun 30, 2025 | 3.59 |
| Mar 31, 2025 | 3.75 |
| Mar 31, 2025 | 3.75 |
| Dec 31, 2024 | -1.20 |
| Dec 31, 2024 | -1.20 |
| Sep 30, 2024 | 0.68 |
| Sep 30, 2024 | 0.68 |
| Jun 30, 2024 | -0.34 |
| Jun 30, 2024 | -0.34 |
| Mar 31, 2024 | 1.58 |
| Mar 31, 2024 | 1.58 |
| Dec 31, 2023 | 4.85 |
| Dec 31, 2023 | 4.85 |
| Sep 30, 2023 | 5.60 |
| Sep 30, 2023 | 5.60 |
| Jun 30, 2023 | -2.14 |
| Jun 30, 2023 | -2.14 |
| Mar 31, 2023 | -0.42 |
| Mar 31, 2023 | -0.42 |
| Dec 31, 2022 | -0.28 |
| Dec 31, 2022 | -0.28 |
| Sep 30, 2022 | -0.26 |
| Sep 30, 2022 | -0.26 |
| Jun 30, 2022 | -0.19 |
| Jun 30, 2022 | -0.19 |
| Mar 31, 2022 | -0.06 |
| Mar 31, 2022 | -0.06 |
| Dec 31, 2021 | 0.05 |
| Dec 31, 2021 | 0.05 |
| Sep 30, 2021 | -0.07 |
| Sep 30, 2021 | -0.07 |
| Jun 30, 2021 | -0.06 |
| Jun 30, 2021 | -0.06 |
| Mar 31, 2021 | -0.05 |
| Mar 31, 2021 | -0.05 |
| Dec 31, 2020 | 0.04 |
| Dec 31, 2020 | 0.04 |
| Sep 30, 2020 | -0.12 |
| Sep 30, 2020 | -0.12 |
| Jun 30, 2020 | -0.07 |
| Jun 30, 2020 | -0.07 |
| Mar 31, 2020 | -0.11 |
| Mar 31, 2020 | -0.11 |
| Dec 28, 2019 | -0.12 |
| Dec 28, 2019 | -0.12 |
| Sep 28, 2019 | -0.12 |
| Sep 28, 2019 | -0.12 |
| Jun 29, 2019 | -0.11 |
| Jun 29, 2019 | -0.11 |
| Mar 30, 2019 | -0.15 |
| Mar 30, 2019 | -0.15 |
| Dec 29, 2018 | -0.24 |
| Dec 29, 2018 | -0.24 |
| Sep 29, 2018 | -0.16 |
| Sep 29, 2018 | -0.16 |
| Jun 30, 2018 | -0.13 |
| Jun 30, 2018 | -0.13 |
| Mar 31, 2018 | -0.14 |
| Mar 31, 2018 | -0.14 |