TransMedics Group, Inc.
TransMedics Group, Inc.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash | 462 | 488 | 466 | 401 | 310 | 337 | 330 | 363 | 350 | 395 | 427 | 582 | |||||
Accounts Receivable Net Current | 91 | 84 | 81 | 105 | 142 | 98 | 90 | 81 | 82 | 64 | 61 | 48 | |||||
Inventory Net | 50 | 49 | 45 | 39 | 43 | 47 | 52 | 49 | 49 | 44 | 39 | 31 | |||||
Prepaid Expense And Other Assets Current | 17 | 16 | 22 | 14 | 10 | 16 | 20 | 17 | 8 | 8 | 10 | 2 | |||||
Assets Current | 619 | 638 | 613 | 558 | 506 | 497 | 492 | 509 | 488 | 511 | 537 | 663 | |||||
Property Plant And Equipment Net | 362 | 328 | 313 | 312 | 311 | 286 | 272 | 229 | 214 | 174 | 131 | 20 | |||||
Finance Lease Right Of Use Asset | 335 | - | - | - | - | - | - | - | - | - | - | - | |||||
Operating Lease Right Of Use Asset | 5 | 5 | 6 | 6 | 6 | 6 | 7 | 6 | 6 | 7 | 7 | 7 | |||||
Deferred Income Tax Assets Net | 82 | 84 | - | - | - | - | - | - | - | - | - | - | |||||
Restricted Cash Noncurrent | 18 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Goodwill | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | - | |||||
Intangible Assets Net Excluding Goodwill | 0 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | - | |||||
Other Assets Noncurrent | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Assets | 1,435 | 1,068 | 946 | 891 | 838 | 804 | 786 | 759 | 724 | 706 | 689 | 690 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 11 | 10 | 12 | 10 | 11 | 10 | 13 | 13 | 9 | 13 | 13 | 7 | |||||
Accrued Liabilities And Other Liabilities | 59 | 63 | 56 | 42 | 40 | 45 | 42 | 38 | 37 | 38 | 32 | 23 | |||||
Long Term Debt Current | 15 | 10 | 5 | - | - | - | - | - | - | - | - | - | |||||
Contract With Customer Liability Current | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 1 | 2 | 2 | 3 | 0 | |||||
Operating Lease Liability Current | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | |||||
Liabilities Current | 92 | 89 | 80 | 57 | 56 | 60 | 60 | 54 | 50 | 55 | 49 | 32 | |||||
Convertible Debt Noncurrent | 454 | 453 | 452 | 451 | 451 | 450 | 449 | 449 | 448 | 447 | 446 | 446 | |||||
Other Long Term Debt Noncurrent | 45 | 50 | 55 | 60 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | |||||
Finance Lease Liability Noncurrent | 344 | - | - | - | - | - | - | - | - | - | - | - | |||||
Operating Lease Liability Noncurrent | 3 | 4 | 4 | 5 | 6 | 6 | 7 | 7 | 7 | 8 | 8 | 8 | |||||
Other Liabilities Noncurrent | 4 | - | - | - | - | - | - | - | - | - | - | - | |||||
Liabilities | 941 | 595 | 591 | 572 | 571 | 575 | 576 | 569 | 564 | 569 | 563 | 545 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 765 | 751 | 738 | 726 | 709 | 697 | 685 | 669 | 651 | 641 | 634 | 628 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 0 | 0 | 0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |||||
Retained Earnings Accumulated Deficit | -271 | -278 | -383 | -408 | -443 | -468 | -475 | -479 | -492 | -504 | -508 | -482 | |||||
Stockholders Equity | 494 | 473 | 355 | 318 | 266 | 229 | 210 | 190 | 159 | 137 | 126 | 145 | |||||
Liabilities And Stockholders Equity | 1,435 | 1,068 | 946 | 891 | 838 | 804 | 786 | 759 | 724 | 706 | 689 | 690 | |||||
Preferred Stock No Par Value | 0 | 0 | - | - | - | 0 | - | - | - | 0 | - | - | |||||
Preferred Stock Shares Authorized | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock No Par Value | 0 | 0 | - | - | - | 0 | - | - | - | 0 | - | - | |||||
Common Stock Shares Authorized | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | |||||
Common Stock Shares Issued | 35 | 34 | 34 | 34 | 34 | 34 | 34 | 33 | 33 | 33 | 33 | 33 | |||||
Shares Outstanding | 35 | 34 | 34 | 34 | 34 | 34 | 34 | 33 | 33 | 33 | 33 | 33 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -29.21% | -27.90% | -25.07% | - | - | - | - | - | - | - | - | - |
| 2025 | 36.39% | 41.04% | 16.01% | 11.28% | 13.55% | 9.22% | -2.52% | -4.95% | 6.74% | -17.33% | -15.90% | -54.13% |
| 2024 | 12.74% | 11.73% | 18.29% | 15.94% | 8.90% | -16.44% | -14.08% | -30.28% | -35.37% | -4.26% | 22.35% | 68.58% |
| 2023 | - | - | - | -22.12% | -31.01% | -48.46% | 21.97% | 28.95% | 41.24% | -20.12% | -5.13% | 55.54% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 6.74 | 7.14 | 7.69 | 9.86 | 9.10 | 8.30 | 8.20 | 9.37 | 9.72 | 9.30 | 10.93 | 20.70 | |||||
| Quick Ratio | 6.01 | 6.41 | 6.86 | 8.93 | 8.13 | 7.25 | 7.00 | 8.17 | 8.60 | 8.34 | 9.93 | 19.67 | |||||
| Working Capital | 527.36M | 548.48M | 533.28M | 501.51M | 450.32M | 437.30M | 432.43M | 454.94M | 438.08M | 455.72M | 487.62M | 630.64M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 1.90 | 1.26 | 1.66 | 1.80 | 2.14 | 2.52 | 2.74 | 2.99 | 3.54 | 4.15 | 4.45 | 3.75 | |||||
| Interest Coverage TTM | 5.40 | 7.88 | 6.85 | 5.42 | 3.68 | 2.60 | 2.18 | -0.06 | -1.07 | -2.66 | -4.65 | -2.84 | |||||
| Debt Ratio | 0.66 | 0.56 | 0.62 | 0.64 | 0.68 | 0.72 | 0.73 | 0.75 | 0.78 | 0.81 | 0.82 | 0.79 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.56 | 0.65 | 0.65 | 0.64 | 0.63 | 0.58 | 0.54 | 0.50 | 0.59 | 0.49 | 0.40 | 0.37 | |||||
| Days Sales Outstanding TTM | 66.80 | 54.86 | 55.05 | 63.89 | 83.72 | 66.67 | 68.61 | 65.46 | 74.10 | 68.87 | 78.67 | 73.09 | |||||
| Receivables Turnover TTM | 5.46 | 6.65 | 6.63 | 5.71 | 4.36 | 5.47 | 5.32 | 5.58 | 4.93 | 5.30 | 4.64 | 4.99 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 4.75 | 4.69 | 2.25 | 1.77 | 1.23 | 1.01 | 0.91 | 0.09 | -0.29 | -0.77 | -1.10 | -0.55 | |||||
| Free Cash Flow Per Share TTM | 4.40 | 3.93 | 3.54 | 0.51 | -1.87 | -2.44 | -3.60 | -5.85 | -6.19 | -5.07 | -4.24 | -1.25 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 59.09% | 59.92% | 60.28% | 59.79% | 59.47% | 59.36% | 59.34% | 60.71% | 62.40% | 63.77% | 66.14% | 69.05% | |||||
| Operating Profit Margin TTM | 14.85% | 17.93% | 16.94% | 14.41% | 10.76% | 8.49% | 7.84% | -0.22% | -4.79% | -11.89% | -19.87% | -10.14% | |||||
| Net Profit Margin TTM | 27.04% | 31.43% | 16.20% | 13.49% | 10.03% | 8.03% | 8.14% | 0.84% | -3.43% | -10.36% | -18.65% | -11.77% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 30.24% | 37.13% | 41.20% | 48.09% | 64.43% | 82.74% | 109.09% | 137.47% | 149.23% | 158.53% | 167.34% | 193.70% | |||||
| Net Income Growth (1Y) | 251.23% | 436.58% | 181.16% | 2,288.73% | -580.13% | -241.70% | -191.22% | -116.87% | -63.98% | -30.92% | -15.17% | -62.73% | |||||
| EPS Growth (1Y) | 244.46% | 424.52% | 175.63% | 2,232.87% | -566.44% | -238.66% | -188.96% | -116.58% | -64.53% | -37.21% | -21.37% | -67.95% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 19.88 | 21.73 | 41.71 | 63.42 | 46.35 | 58.42 | 160.86 | 1,662.82 | -237.60 | -102.55 | -49.91 | -153.70 | |||||
| P/B TTM | 6.92 | 8.74 | 10.78 | 14.29 | 8.52 | 9.06 | 25.01 | 26.27 | 15.19 | 18.71 | 14.12 | 18.82 | |||||
| P/S TTM | 5.38 | 6.83 | 6.76 | 8.55 | 4.65 | 4.69 | 13.09 | 13.90 | 8.16 | 10.62 | 9.31 | 18.09 | |||||
| Market Cap | 3.42B | 4.14B | 3.83B | 4.54B | 2.27B | 2.07B | 5.25B | 4.99B | 2.42B | 2.57B | 1.79B | 2.73B | |||||
| Enterprise Value | 3.75B | 4.11B | 3.82B | 4.59B | 2.41B | 2.18B | 5.37B | 5.07B | 2.52B | 2.62B | 1.80B | 2.60B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 151.36M | 133.59M | 120.65M | 17.35M | -63.23M | -80.94M | -120.51M | -193.76M | -202.89M | -164.88M | -138.16M | -40.78M | |||||
| Net Debt | 332.18M | -26.06M | -9.59M | 50.29M | 140.01M | 112.79M | 119.14M | 85.28M | 97.62M | 51.83M | 18.84M | -137.20M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
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| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
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| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
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| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
TransMedics Group, Inc. (TMDX) — SEC Financial Statements & Analysis
TransMedics Group, Inc. (TMDX) is a electromedical & electrotherapeutic apparatus company, incorporated in MA. TransMedics Group, Inc. trades on Nasdaq as: TMDX. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), TransMedics Group, Inc. reported a 30.24% year-over-year revenue growth, a Gross Profit Margin of 59.09% (TTM), a Debt-to-Equity ratio of 1.90x, a Price-to-Sales (P/S) ratio of 5.38x (TTM), a Price-to-Book (P/B) ratio of 6.92 (TTM), at a market cap of $3.42B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 30.24%
- Gross Profit Margin TTM
- 59.09%
- Debt To Equity
- 1.90x
- P/S TTM
- 5.38x
- P/B TTM
- 6.92
- Market Cap
- $3.42B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is TransMedics Group, Inc. in?
TransMedics Group, Inc. (TMDX) operates in the Electromedical & Electrotherapeutic Apparatus industry.
What is TMDX's market cap?
TransMedics Group, Inc. (TMDX) has a market capitalization of $3.42B as of 2026-03-31.
What is TMDX's P/E ratio?
TransMedics Group, Inc. (TMDX)'s trailing twelve month P/E ratio is 19.88x as of 2026-03-31.
What exchange does TMDX trade on?
TransMedics Group, Inc. (TMDX) trades on the Nasdaq.
Where is TransMedics Group, Inc. incorporated?
TransMedics Group, Inc. is incorporated in MA.