TransMedics (TMDX) Work In Process (2018 - 2026)
TransMedics' (TMDX) quarterly Work In Process came in at $2.4 million in Q1 2026, down 35.69% year-on-year from $3.8 million in Q1 2025, and up 21.54% quarter-over-quarter from $2.0 million in Q4 2025.
TransMedics (TMDX) Work In Process (2018 - 2026) Analysis & Trends
TransMedics' Work In Process history runs 9 years deep, the most recent figure standing at $2.4 million for Q1 2026.
- On a quarterly basis, Work In Process fell 35.69% year-over-year to $2.4 million in Q1 2026; TTM through Mar 2026 was $2.4 million, a 35.69% decrease from a year earlier, with the FY2025 full-year figure at $2.0 million, down 38.73% from the prior year.
- Work In Process climbed to $2.4 million in Q1 2026 per TMDX's latest filing, from $2.0 million in the prior quarter.
- Across five years, Work In Process topped out at $4.9 million in Q3 2024 and bottomed at $1.6 million in Q3 2025.
- The 5-year median for Work In Process is $2.9 million (2023), against an average of $3.0 million.
- Across the five-year window, Work In Process surged 102.88% in 2023 and tumbled 66.52% in 2025, its largest moves.
- Year by year, Work In Process 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 tumbled by 38.73% to $2.0 million in 2025, then rose by 21.54% to $2.4 million in 2026.
- Per Business Quant, the three latest TMDX Work In Process figures stand at $2.4 million (Q1 2026), $2.0 million (Q4 2025), and $1.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - |
| 10 | TransMedics | 2.45 Bn | 1.98 Bn | 101.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.44 Mn |
| Dec 31, 2025 | 2.01 Mn |
| Sep 30, 2025 | 1.64 Mn |
| Jun 30, 2025 | 3.88 Mn |
| Mar 31, 2025 | 3.79 Mn |
| Dec 31, 2024 | 3.27 Mn |
| Sep 30, 2024 | 4.89 Mn |
| Jun 30, 2024 | 4.05 Mn |
| Mar 31, 2024 | 4.53 Mn |
| Dec 31, 2023 | 3.81 Mn |
| Sep 30, 2023 | 3.05 Mn |
| Jun 30, 2023 | 2.88 Mn |
| Mar 31, 2023 | 2.26 Mn |
| Dec 31, 2022 | 1.88 Mn |
| Sep 30, 2022 | 1.72 Mn |
| Jun 30, 2022 | 1.69 Mn |
| Mar 31, 2022 | 2.50 Mn |
| Dec 31, 2021 | 1.93 Mn |
| Sep 30, 2021 | 1.79 Mn |
| Jun 30, 2021 | 1.32 Mn |