TransMedics Group, Inc. (TMDX)
NASDAQ: TMDX · Real-Time Price · USD
88.58
-1.06 (-1.18%)
Aug 14, 2026, 4:00 PM EDT - Market closed

TransMedics Group Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
668.47605.49441.54241.6293.4630.26
Revenue Growth
25.82%37.13%82.74%158.53%208.83%18.03%
Gross Profit
392.35362.81262.08154.0965.2721.16
Operating Income
81.61108.5837.5-1.52-31.44-39.43
Net Income
151.7190.2935.46-25.03-36.23-44.22
Earnings Per Share
4.014.871.01-0.77-1.23-1.60
EPS Growth
98.94%382.53%----

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
United States Lung
10.113.4415.7610.557.979.84
United States Heart
112.64111.8496.6659.0829.910.1
United States Liver
521.8459.42309.46151.7246.171.92
All Other Countries Lung
1.661.421.931.270.880.82
All Other Countries Heart
16.7214.1713.214.018.457.58
All Other Countries Liver
0.981.110.160.10.09-
Other Service
4.564.14.384.89--
Revenue (Total)
668.47605.49441.54241.6293.4630.26

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
472.68488.37336.65394.81201.1892.45
Total Debt
867.72519.28518.29515.9567.5643.8
Net Cash (Debt)
-395.05-30.91-181.64-121.13133.6348.65
Net Cash Growth
----174.66%-46.53%
Net Cash Per Share
-10.28-0.76-5.16-3.734.521.76

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
145.93192.8448.8-13.03-45.82-28.86
Capital Expenditures
-66.89-59.25-129.74-151.85-11.91-3.52
Free Cash Flow
79.04133.59-80.94-164.88-57.72-32.38
Free Cash Flow Growth
355.51%-----

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
58.69%59.92%59.36%63.77%69.84%69.92%
Operating Margin
12.21%17.93%8.49%-0.63%-33.64%-130.29%
Pretax Margin
10.85%17.76%8.10%-11.04%-38.70%-145.99%
Profit Margin
22.69%31.43%8.03%-10.36%-38.77%-146.11%
FCF Margin
11.82%22.06%-18.33%-68.24%-61.76%-107.01%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
22.0721.8559.01---
Forward PE
47.4947.4056.70---
P/FCF Ratio
38.8631.12----
PS Ratio
4.596.874.7410.6721.0817.58