TransMedics Group, Inc. (TMDX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 173.93M | 160.76M | 143.82M | 157.37M | 143.54M | 121.62M | 108.76M | 114.31M | 96.85M | 81.17M | 66.43M | 52.47M | 41.55M | 31.38M | 25.68M | 20.52M | 15.88M | 9.67M | 5.37M | 8.17M |
| Revenue Growth % | 21.18% | 32.18% | 32.24% | 37.68% | 48.21% | 49.83% | 63.72% | 117.87% | 133.07% | 158.72% | 158.65% | 155.66% | 161.68% | 224.52% | 378.27% | 151.14% | 125.15% | 26.76% | -24.27% | 140.96% |
| Cost of Goods Sold | 72.77M | 67.35M | 59.25M | 60.78M | 55.31M | 49.61M | 47.92M | 45.14M | 36.99M | 33.25M | 25.77M | 15.72M | 12.79M | 10.67M | 7.57M | 6.17M | 3.78M | 2.68M | 1.6M | 2.58M |
| COGS % of Revenue | 41.84% | 41.89% | 41.2% | 38.62% | 38.53% | 40.79% | 44.06% | 39.49% | 38.19% | 40.96% | 38.79% | 29.97% | 30.77% | 34.01% | 29.47% | 30.07% | 23.78% | 27.74% | 29.74% | 31.6% |
| Gross Profit | 101.16M | 93.41M | 84.58M | 96.59M | 88.23M | 72.01M | 60.84M | 69.16M | 59.86M | 47.92M | 40.66M | 36.74M | 28.77M | 20.7M | 18.11M | 14.35M | 12.1M | 6.99M | 3.77M | 5.59M |
| Gross Margin % | 58.16% | 58.11% | 58.8% | 61.38% | 61.47% | 59.21% | 55.94% | 60.51% | 61.81% | 59.04% | 61.21% | 70.03% | 69.23% | 65.99% | 70.53% | 69.93% | 76.22% | 72.26% | 70.26% | 68.4% |
| Gross Profit Growth % | 14.66% | 29.72% | 39% | 39.66% | 47.39% | 50.27% | 49.64% | 88.24% | 108.1% | 131.48% | 124.47% | 156.03% | 137.66% | 196.35% | 380.12% | 156.75% | 151.59% | 44.7% | -25.11% | 192.77% |
| Operating Expenses | 87.86M | 72.14M | 61.27M | 60.02M | 60.78M | 63.37M | 56.92M | 56.65M | 47.44M | 45.32M | 69M | 37.65M | 30.86M | 27.48M | 23.66M | 24.09M | 21.47M | 18.31M | 15.5M | 15.46M |
| OpEx % of Revenue | 50.52% | 44.87% | 42.6% | 38.14% | 42.35% | 52.1% | 52.34% | 49.56% | 48.98% | 55.83% | 103.86% | 71.76% | 74.25% | 87.59% | 92.12% | 117.42% | 135.22% | 189.43% | 288.6% | 189.17% |
| Selling, General & Admin | 62.98M | 51.44M | 46.02M | 44.09M | 43.63M | 46.91M | 42.66M | 42.8M | 36.06M | 34.56M | 30.65M | 29.36M | 24.98M | 21.73M | 16.85M | 17.38M | 13.94M | 12M | 10.34M | 9.16M |
| SG&A % of Revenue | 36.21% | 32% | 31.99% | 28.02% | 30.39% | 38.57% | 39.22% | 37.44% | 37.23% | 42.58% | 46.14% | 55.95% | 60.12% | 69.25% | 65.61% | 84.7% | 87.78% | 124.12% | 192.46% | 112.13% |
| Research & Development | 24.88M | 20.7M | 15.26M | 15.93M | 17.16M | 16.46M | 14.27M | 13.86M | 11.38M | 10.76M | 38.34M | 8.29M | 5.87M | 5.76M | 6.81M | 6.71M | 7.53M | 6.31M | 5.16M | 6.29M |
| R&D % of Revenue | 14.3% | 12.88% | 10.61% | 10.13% | 11.96% | 13.54% | 13.12% | 12.12% | 11.75% | 13.26% | 57.72% | 15.8% | 14.13% | 18.35% | 26.51% | 32.72% | 47.44% | 65.31% | 96.15% | 77.04% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 13.3M | 21.27M | 23.3M | 36.57M | 27.44M | 8.64M | 3.92M | 12.51M | 12.42M | 2.6M | -28.34M | -906K | -2.09M | -6.78M | -5.54M | -9.74M | -9.37M | -11.33M | -11.72M | -9.87M |
| Operating Margin % | 7.64% | 13.23% | 16.2% | 23.24% | 19.12% | 7.11% | 3.61% | 10.94% | 12.83% | 3.21% | -42.65% | -1.73% | -5.03% | -21.61% | -21.59% | -47.49% | -59% | -117.17% | -218.34% | -120.77% |
| Operating Income Growth % | -51.55% | 146.1% | 493.93% | 192.35% | 120.94% | 232.08% | 113.85% | 1480.57% | 694.59% | 138.4% | -411.09% | 90.7% | 77.7% | 40.16% | 52.72% | 1.25% | -43.98% | -92.13% | -154.34% | -25.53% |
| EBITDA | 13.3M | 28.74M | 30.15M | 43.3M | 33.58M | 14.32M | 9.1M | 17.11M | 16.82M | 6.21M | -26.44M | 486K | -802K | -5.49M | -4.65M | -8.95M | -8.86M | -10.86M | -11.27M | -9.42M |
| EBITDA Margin % | 7.64% | 17.88% | 20.96% | 27.51% | 23.39% | 11.78% | 8.37% | 14.97% | 17.37% | 7.65% | -39.8% | 0.93% | -1.93% | -17.51% | -18.12% | -43.61% | -55.81% | -112.35% | -209.87% | -115.25% |
| EBITDA Growth % | -60.4% | 100.65% | 231.31% | 153.1% | 99.61% | 130.73% | 134.41% | 3419.96% | 2197.63% | 213% | -468.28% | 105.43% | 90.95% | 49.42% | 58.71% | 4.96% | -46.19% | -98.72% | -167.82% | -25.78% |
| D&A (Non-Cash Add-back) | 0 | 7.47M | 6.85M | 6.73M | 6.14M | 5.68M | 5.18M | 4.6M | 4.4M | 3.6M | 1.89M | 1.39M | 1.29M | 1.28M | 891K | 795K | 507K | 466K | 455K | 451K |
| EBIT | 13.3M | 24.99M | 26.52M | 39.66M | 30.14M | 10.56M | 7.86M | 15.78M | 15.99M | 7.47M | -23.34M | 1.52M | -1.53M | -5.69M | -6.62M | -10.53M | -9.6M | -11.67M | -11.97M | -9.7M |
| Net Interest Income | 0 | -3.35M | -3.49M | -976K | -3.46M | -655K | -317K | -223K | -28K | 1.16M | 1.61M | -74K | -536K | 78K | -387K | -872K | -960K | -978K | -979K | -794K |
| Interest Income | 0 | 0 | 0 | 2.5M | 0 | 2.92M | 3.3M | 3.4M | 3.57M | 4.76M | 5.2M | 2.43M | 555K | 1.08M | 400K | 0 | 0 | 0 | 0 | 171K |
| Interest Expense | -7.17M | 3.35M | 3.49M | 3.48M | 3.46M | 3.57M | 3.62M | 3.62M | 3.6M | 3.6M | 3.59M | 2.5M | 1.09M | 1.01M | 787K | 872K | 960K | 978K | 979K | 965K |
| Other Income/Expense | -4.81M | 360K | -269K | -385K | -767K | -1.66M | 322K | -355K | -28K | 1.26M | 1.41M | -74K | -536K | 78K | -1.86M | -1.76M | -1.19M | -1.32M | -1.23M | -794K |
| Pretax Income | 8.48M | 21.63M | 23.03M | 36.18M | 26.68M | 6.99M | 4.25M | 12.15M | 12.39M | 3.86M | -26.93M | -980K | -2.63M | -6.7M | -7.41M | -11.5M | -10.56M | -12.65M | -12.95M | -10.66M |
| Pretax Margin % | 4.88% | 13.46% | 16.01% | 22.99% | 18.58% | 5.75% | 3.9% | 10.63% | 12.8% | 4.76% | -40.54% | -1.87% | -6.32% | -21.36% | -28.84% | -56.05% | -66.47% | -130.85% | -241.21% | -130.49% |
| Income Tax | -1.17M | -83.75M | -1.29M | 1.27M | 994K | 132K | 29K | -41K | 196K | -168K | -1.51M | 21K | 11K | 19K | 19K | 22K | 6K | 17K | 9K | 6K |
| Effective Tax Rate % | -13.79% | -387.14% | -5.59% | 3.52% | 3.73% | 1.89% | 0.68% | -0.34% | 1.58% | -4.35% | 5.6% | -2.14% | -0.42% | -0.28% | -0.26% | -0.19% | -0.06% | -0.13% | -0.07% | -0.06% |
| Net Income | 7.32M | 105.38M | 24.32M | 34.91M | 25.68M | 6.86M | 4.22M | 12.19M | 12.2M | 4.03M | -25.42M | -1M | -2.64M | -6.72M | -7.43M | -11.52M | -10.56M | -12.67M | -12.96M | -10.67M |
| Net Margin % | 4.21% | 65.55% | 16.91% | 22.18% | 17.89% | 5.64% | 3.88% | 10.67% | 12.59% | 4.97% | -38.27% | -1.91% | -6.34% | -21.42% | -28.91% | -56.15% | -66.51% | -131.03% | -241.38% | -130.56% |
| Net Income Growth % | -71.52% | 1436.87% | 476.83% | 186.26% | 110.56% | 70.11% | 116.58% | 1318.18% | 562.71% | 159.99% | -242.34% | 91.31% | 75.04% | 46.95% | 42.71% | -8.01% | -33.41% | -100.73% | -154.76% | -25.55% |
| Net Income (Continuing) | 7.32M | 105.38M | 24.32M | 34.91M | 25.68M | 6.86M | 4.22M | 12.19M | 12.2M | 4.03M | -25.42M | -1M | -2.64M | -6.72M | -7.43M | -11.52M | -10.56M | -12.67M | -12.96M | -10.67M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.20 | 2.59 | 0.66 | 0.92 | 0.70 | 0.19 | 0.12 | 0.35 | 0.35 | 0.12 | -0.78 | -0.03 | -0.08 | -0.21 | -0.25 | -0.41 | -0.38 | -0.46 | -0.47 | -0.39 |
| EPS Growth % | -71.43% | 1263.16% | 450% | 162.86% | 100% | 58.33% | 115.38% | 1236.36% | 528.4% | 157.14% | -212% | 92.49% | 78.5% | 54.35% | 46.81% | -5.13% | -31.03% | -100% | -147.37% | -8.33% |
| EPS (Basic) | 0.21 | 3.08 | 0.71 | 1.03 | 0.76 | 0.20 | 0.13 | 0.37 | 0.37 | 0.12 | -0.78 | -0.03 | -0.08 | -0.21 | -0.25 | -0.41 | -0.38 | -0.46 | -0.47 | -0.39 |
| Diluted Shares Outstanding | 36.19M | 40.93M | 40.75M | 40.56M | 39.91M | 35.21M | 35.68M | 35.29M | 34.68M | 34.18M | 32.61M | 32.55M | 32.26M | 32.01M | 30.23M | 27.98M | 27.95M | 27.77M | 27.7M | 27.62M |
| Basic Shares Outstanding | 34.38M | 34.22M | 34.11M | 33.91M | 33.72M | 33.59M | 33.44M | 33.12M | 32.76M | 32.64M | 32.61M | 32.55M | 32.26M | 32.01M | 30.23M | 27.98M | 27.79M | 27.77M | 27.7M | 27.62M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |