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| 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% |