TransMedics (TMDX) Work In Process (2018 - 2026)

TransMedics' Work In Process history runs 9 years deep, the most recent figure standing at $2.4 million for Q1 2026.

• In Q1 2026, Work In Process fell 35.69% year-over-year to $2.4 million; the TTM figure through Mar 2026 stood at $2.4 million (down 35.69% YoY), while the FY2025 annual figure was $2.0 million, down 38.73% from the prior year.
• Work In Process was $2.4 million for Q1 2026 at TransMedics, up from $2.0 million in the prior quarter.
• In the past five years, Work In Process ranged from a high of $4.9 million in Q3 2024 to a low of $1.6 million in Q3 2025.
• Historically, Work In Process has averaged $3.0 million across 5 years, with a median of $2.9 million in 2023.
• The sharpest annual moves came in 2023 and 2025: Work In Process soared 102.88% in 2023, then tumbled 66.52% in 2025.
• A 5-year view of Work In Process shows it stood at $1.9 million in 2022, then jumped by 102.88% to $3.8 million in 2023, then slipped by 13.98% to $3.3 million in 2024, then sank by 38.73% to $2.0 million in 2025, then rose by 21.54% to $2.4 million in 2026.
• The last three Work In Process figures came in at $2.4 million (Q1 2026), $2.0 million (Q4 2025), and $1.6 million (Q3 2025), per Business Quant data.