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TransMedics Group, Inc. TMDX Liver Product — Revenue

Other product segments

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$30.87M+3.5%
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$2.82M-29.6%

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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$2.55B+50.6%
Enterprise value$2.5B+66.0%
P/E14.8×-19.8×
P/S+0.5×

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:Revenues.

The official record: TransMedics Group, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is TransMedics Group, Inc.'s liver product — revenue?
TransMedics Group, Inc. (TMDX) reported liver product — revenue of $138.98M in Q1 2026.
How has TransMedics Group, Inc.'s liver product — revenue changed year-over-year?
TransMedics Group, Inc.'s liver product — revenue increased by 27.7% year-over-year, from $108.86M to $138.98M.
What is the long-term trend for TransMedics Group, Inc.'s liver product — revenue?
Over 4 years (2021 to 2025), TransMedics Group, Inc.'s liver product — revenue has grown at a 293.8% compound annual growth rate (CAGR), from $1.92M to $460.53M.
What does liver product — revenue mean?
This metric represents the total gross sales generated from the sale of medical devices, disposables, and associated services specifically related to liver organ perfusion and preservation technology. It serves as a key indicator of the commercial adoption and market penetration of the company's organ care systems within the liver transplant clinical community. Growth in this revenue stream reflects the company's ability to displace traditional cold storage methods and expand its footprint in the end-stage liver disease treatment market.