TransMedics (TMDX) Tax Rate (2018 - 2026)
TransMedics (TMDX) posted quarterly Tax Rate of 13.79% for Q1 2026, up 1004.0% year-over-year from 1.25% in Q1 2025, and up 102.89% quarter-over-quarter from 477.51% in Q4 2025.
TransMedics (TMDX) Tax Rate (2018 - 2026) Analysis & Trends
TransMedics' Tax Rate history runs 9 years deep, the most recent figure standing at 13.79% for Q1 2026.
- In Q1 2026, Tax Rate rose 1004.0% year-over-year to 13.79%; the TTM figure through Mar 2026 stood at 114.31% (down 12180.0% YoY), while the FY2025 annual figure was 77.01%, down 14541.0% from the prior year.
- Tax Rate for Q1 2026 stood at 13.79%, up from 477.51% in the prior quarter.
- The five-year high for Tax Rate was 42.91% in Q4 2023, with the low at 477.51% in Q4 2025.
- The 5-year median for Tax Rate is 0.19% (2022), against an average of 24.43%.
- The sharpest annual moves came in 2023 and 2025: Tax Rate soared 4319 bps in 2023, then plunged 47710 bps in 2025.
- TransMedics' Tax Rate stood at 0.28% in 2022, then jumped by 15232 bps to 42.91% in 2023, then sank by 101 bps to 0.41% in 2024, then plunged by 116516 bps to 477.51% in 2025, then jumped by 103 bps to 13.79% in 2026.
- Business Quant data shows TMDX's Tax Rate at 13.79% in Q1 2026, 477.51% in Q4 2025, and 5.59% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.24 Bn | 193.64 Bn | 7.27 Bn | 39.11% |
| 2 | Stryker | 128.63 Bn | 125.15 Bn | 4.50 Bn | 18.41% |
| 3 | Medtronic | 119.19 Bn | 109.97 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 73.51 Bn | 72.97 Bn | 3.85 Bn | 14.62% |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.85 Bn | 1.35 Bn | 53.56% |
| 6 | Dexcom | 34.64 Bn | 32.70 Bn | 830.00 Mn | 21.54% |
| 7 | GE HealthCare Technologies | 34.01 Bn | 31.90 Bn | 2.18 Bn | 17.17% |
| 8 | Koninklijke Philips | 26.40 Bn | 23.08 Bn | 4.55 Bn | -21.74% |
| 9 | Steris | 23.14 Bn | 22.65 Bn | 684.20 Mn | 26.51% |
| 10 | TransMedics | 3.22 Bn | 2.75 Bn | 113.20 Mn | 24.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.34% |
| Jun 30, 2026 | 24.34% |
| Jun 30, 2026 | 24.34% |
| Mar 31, 2026 | 13.79% |
| Mar 31, 2026 | 13.79% |
| Mar 31, 2026 | 13.79% |
| Dec 31, 2025 | -477.51% |
| Dec 31, 2025 | -477.51% |
| Dec 31, 2025 | -477.51% |
| Sep 30, 2025 | -5.59% |
| Sep 30, 2025 | -5.59% |
| Sep 30, 2025 | -5.59% |
| Jun 30, 2025 | 3.59% |
| Jun 30, 2025 | 3.59% |
| Jun 30, 2025 | 3.59% |
| Mar 31, 2025 | 3.75% |
| Mar 31, 2025 | 3.75% |
| Mar 31, 2025 | 3.75% |
| Dec 31, 2024 | -0.41% |
| Dec 31, 2024 | -0.41% |