TransMedics Group, Inc. (TMDX)

TransMedics Group Revenue

TransMedics Group had revenue of $203.01M in the quarter ending September 30, 2026, with 41.15% growth. This brings the company's total for the last twelve months to $727.65M, up 28.48% year-over-year. In the year 2025, TransMedics Group had annual revenue of $605.49M with 37.13% growth. That makes TransMedics Group the 9,208th largest company in the world by revenue and 2,042nd in the United States.

• Revenue (ttm): $727.65M
• Revenue Growth: +28.48%
• P/S Ratio: 4.21
• Revenue / Employee: $810,301
• Employees: 898
• Market Cap: 3.06B

Revenue Chart

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Revenue by Segment

By Segment

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• United States Liver 459.42M 75.9%
• United States Heart 111.84M 18.5%
• All Other Countries Heart 14.17M 2.3%
• United States Lung 13.44M 2.2%
• Other Service 4.10M 0.7%
• All Other Countries Lung 1.42M 0.2%
• All Other Countries Liver 1.11M 0.2%

By Geography

• United States 584.70M 97.2%
• ALL Other Countries 16.70M 2.8%

Fiscal year ended Dec 31, 2025 See the full TransMedics Group breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	605.49M	163.95M	37.13%
Dec 31, 2024	441.54M	199.92M	82.74%
Dec 31, 2023	241.62M	148.16M	158.53%
Dec 31, 2022	93.46M	63.20M	208.83%
Dec 31, 2021	30.26M	4.62M	18.03%
Dec 31, 2020	25.64M	2.04M	8.62%
Dec 28, 2019	23.60M	10.59M	81.33%
Dec 31, 2018	13.02M	5.33M	69.38%
Dec 30, 2017	7.69M	-5.33M	-40.96%
Dec 31, 2016	13.02M	-	-

Data Sources: Fiscal.ai and S&P Global Market Intelligence Last updated: Nov 5, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company. Revenue geography data is provided by S&P Global Market Intelligence.

Update frequency:

Quarterly

Last checked:

Nov 7, 2026

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