TransMedics (TMDX) Work In Process (2018 - 2026)
TransMedics (TMDX) posted Work In Process of $3.3 million for Q2 2026, up 35.03% on a QoQ basis from $2.4 million in Q1 2026, and down 15.15% year-over-year from $3.9 million in Q2 2025.
Analysis
TransMedics (TMDX) Work In Process (2018 - 2026) Analysis & Trends
TransMedics has reported Work In Process for 9 years, with the latest figure at $3.3 million in Q2 2026.
- On a quarterly basis, Work In Process fell 15.15% year-over-year to $3.3 million in Q2 2026; TTM through Jun 2026 was $3.3 million, a 15.15% 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 was $3.3 million for Q2 2026 at TransMedics, up from $2.4 million in the prior quarter.
- The five-year high for Work In Process was $4.9 million in Q3 2024, with the low at $1.6 million in Q3 2025.
- Average Work In Process over 5 years is $3.0 million, with a median of $3.0 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2025: Work In Process jumped 102.88% in 2023, then slumped 66.52% in 2025.
- Over 5 years, Work In Process stood at $1.9 million in 2022, then surged by 102.88% to $3.8 million in 2023, then dropped by 13.98% to $3.3 million in 2024, then plunged by 38.73% to $2.0 million in 2025, then jumped by 64.11% to $3.3 million in 2026.
- The last three Work In Process figures came in at $3.3 million (Q2 2026), $2.4 million (Q1 2026), and $2.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn |
| 10 | TransMedics | 2.98 Bn | 2.51 Bn | 113.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.29 Mn |
| 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 |