TransMedics (TMDX) Tax Rate (2018 - 2026)

TransMedics (TMDX) recorded quarterly Tax Rate of 13.79% in Q1 2026, down 88.69% quarter-over-quarter from 121.93% in Q4 2025, and up 1004.0% on a YoY basis from 1.25% in Q1 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 600.02% (up 59822.0% YoY), while the FY2025 annual figure was 7074.27%, down 707455.0% from the prior year.
  • Tax Rate was 13.79% for Q1 2026 at TransMedics, down from 121.93% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 121.93% in Q4 2025 to a low of 5.64% in Q3 2025.
  • Historically, Tax Rate has averaged 8.54% across 5 years, with a median of 0.06% in 2022.
  • Biggest YoY gain for Tax Rate was 12313 bps in 2025; the steepest drop was 633 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 0.28% in 2022, then jumped by 1812 bps to 4.85% in 2023, then plunged by 125 bps to 1.2% in 2024, then surged by 10245 bps to 121.93% in 2025, then sank 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 154.42 Bn 147.76 Bn 6.27 Bn 25.67
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 12.35
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 18.09
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn -15.15
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 17.06
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -23.16
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 25.97
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 18.61
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 27.65
10 TransMedics 2.72 Bn 2.26 Bn 101.16 Mn 13.79

Historic Data

Download Data
DateValue
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%