TransMedics (TMDX) Tax Rate (2018 - 2026)

TransMedics' (TMDX) quarterly Tax Rate came in at 13.79% in Q1 2026, up 1004.0% year-on-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.

  • On a quarterly basis, Tax Rate rose 1004.0% year-over-year to 13.79% in Q1 2026; TTM through Mar 2026 was 114.31%, a 12180.0% decrease from a year earlier, with the FY2025 full-year figure at 77.01%, down 14541.0% from the prior year.
  • Tax Rate rose to 13.79% in Q1 2026 per TMDX's latest filing, from 477.51% in the prior quarter.
  • Across five years, Tax Rate topped out at 42.91% in Q4 2023 and bottomed at 477.51% in Q4 2025.
  • The 5-year median for Tax Rate is 0.19% (2022), against an average of 24.43%.
  • Across the five-year window, Tax Rate soared 4319 bps in 2023 and sank 47710 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 0.28% in 2022, then surged by 15232 bps to 42.91% in 2023, then plunged by 101 bps to 0.41% in 2024, then tumbled by 116516 bps to 477.51% in 2025, then surged by 103 bps to 13.79% in 2026.
  • Per Business Quant, the three latest TMDX Tax Rate figures stand at 13.79% (Q1 2026), 477.51% (Q4 2025), and 5.59% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 25.67%
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 12.35%
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 31.35%
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn -15.15%
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 17.06%
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 25.97%
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -23.16%
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 18.61%
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 TransMedics 2.45 Bn 1.98 Bn 101.16 Mn 13.79%

Historic Data

Download Data
DateValue
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%
Dec 31, 2024 -0.41%
Sep 30, 2024 0.68%
Sep 30, 2024 0.68%