TransMedics profit margin TMDX
Gross, operating and net profit as a share of revenue over the last twelve months, from 2022.
- Net margin, 12 months
- 22.7%
- Operating margin, 12 months
- 12.2%
- Net margin on a year earlier
- +9.2 pts
- Peer median
- 8.2%
Over the twelve months to Jun 30, 2026, TransMedics kept 22.7% of its revenue as net profit, with an operating margin of 12.2% and a gross margin of 58.7%.
The median for 4 medical device stocks of a similar size is 8.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 31.4% | 17.9% | 59.9% |
| FY2024 | 8.0% | 8.5% | 59.4% |
| FY2023 | −10.4% | −11.9% | 63.8% |
| FY2022 | −38.8% | −33.6% | 69.8% |
| FY2021 | n/a | n/a | 69.9% |
| FY2020 | n/a | n/a | 64.9% |
| FY2019 | n/a | n/a | 58.7% |
| FY2018 | n/a | n/a | 44.1% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 22.7% | +9.2 pts | 12.2% | |
| Q1 FY26 | 27.0% | +17.0 pts | 14.9% | |
| Q4 FY25 | 31.4% | +23.4 pts | 17.9% | |
| Q3 FY25 | 16.2% | +8.1 pts | 16.9% | |
| Q2 FY25 | 13.5% | +12.7 pts | 14.4% | |
| Q1 FY25 | 10.0% | +13.5 pts | 10.8% | |
| Q4 FY24 | 8.0% | +18.4 pts | 8.5% | |
| Q3 FY24 | 8.1% | +26.8 pts | 7.8% | |
| Q2 FY24 | 0.8% | +12.6 pts | −0.2% | |
| Q1 FY24 | −3.4% | +20.3 pts | −4.8% | |
| Q4 FY23 | −10.4% | +28.4 pts | −11.9% | |
| Q3 FY23 | −18.7% | +40.1 pts | −19.9% |
Against its peers
Companies in Medical - Devices nearest TransMedics' size, closest first, today.
| Company | Profit margin |
|---|---|
| TMDXTransMedics | 22.7% |
| CNMDCONMED | 4.1% |
| ITGRInteger | 7.0% |
| LIVNLivaNova | 12.8% |
| ZBHZimmer Biomet | 9.5% |
| Peer median | 8.2% |
Where TransMedics ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on TransMedics
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.