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| Date | Value |
|---|---|
| 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% |