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TransMedics Group, Inc. TMDX Operating Lease Liabilities

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Other financials

Income statement

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Revenue$173.9M+21.2%
Gross profit$101.2M+14.7%
Operating income$13.3M-51.5%
Net income$7.3M-71.5%
EPS (diluted)$0.20-71.4%

Balance sheet

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Cash & equivalents$461.7M+48.9%
Total debt$409.9M+505%
Total equity$494.0M+85.5%
Total assets$1.4B+71.3%

Cash flow

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Operating cash flow$24.5M+959%
CapEx$36.7M+35.6%
Free cash flow-$12.1M+59.4%

Valuation

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Market cap$2.78B-31.3%
Enterprise value$2.73B-26.6%
P/E16.2×-40.3×
P/S4.4×-3.2×

Profitability

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Gross margin59.1%-0.4pp
Operating margin14.9%+4.1pp
Net margin27%+17.0pp
FCF margin23.8%

Returns & leverage

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Return on equity45.2%+22.2pp
Debt / equity0.8×+0.6×
Current ratio6.7×-2.4×

Where this comes from

Reported directly by TransMedics Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLiabilityNoncurrent.

The source filing: TransMedics Group, Inc.’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-206453
Line itemMarch 31, 2026December 31, 2025
Convertible senior notes, net453,530452,804
Long-term debt, net44,66549,587
Finance lease liability343,829
Operating lease liabilities, net of current portion2,8833,577
Other long-term liabilities3,986
Total liabilities940,813595,273
Commitments and contingencies (Note 10)
Stockholders’ equity:

Item 1. Financial Statements (Unaudited)

FAQ

What is TransMedics Group, Inc.'s operating lease liabilities?
TransMedics Group, Inc. (TMDX) reported operating lease liabilities of $2.88M in Q1 2026.
How has TransMedics Group, Inc.'s operating lease liabilities changed year-over-year?
TransMedics Group, Inc.'s operating lease liabilities decreased by 47.8% year-over-year, from $5.52M to $2.88M.
What is the long-term trend for TransMedics Group, Inc.'s operating lease liabilities?
Over 4 years (2021 to 2025), TransMedics Group, Inc.'s operating lease liabilities has grown at a -19.7% compound annual growth rate (CAGR), from $8.6M to $3.58M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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