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TransMedics Group, Inc. TMDX Business Segments — Revenue

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CWCOServices Revenues — Revenue
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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:Revenues.

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 itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Liver total revenue138,970108,715
Total United States OCS transplant revenue167,024138,617
All other countries
Lung revenue627375
Heart revenue5,0113,550
Liver revenue10140
Total all other countries OCS transplant revenue5,6484,065
Total OCS transplant revenue$172,672$142,682

Item 1. Financial Statements (Unaudited)

FAQ

What is TransMedics Group, Inc.'s business segments — revenue?
TransMedics Group, Inc. (TMDX) reported business segments — revenue of $172.67M in Q1 2026.
How has TransMedics Group, Inc.'s business segments — revenue changed year-over-year?
TransMedics Group, Inc.'s business segments — revenue increased by 21.0% year-over-year, from $142.68M to $172.67M.
What is the long-term trend for TransMedics Group, Inc.'s business segments — revenue?
Over 3 years (2021 to 2025), TransMedics Group, Inc.'s business segments — revenue has grown at a 170.9% compound annual growth rate (CAGR), from $30.26M to $601.4M.
What does business segments — revenue mean?
This metric represents the total revenue generated from the sale and utilization of organ perfusion and monitoring systems designed to maintain donor organs in near-physiologic conditions. It captures the financial performance of the company's core technology platform used to replace traditional cold storage methods in transplant procedures. Growth in this segment reflects the successful clinical adoption and commercial expansion of advanced organ preservation solutions within the transplant market.

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