Transmedics Group, Inc. income statement
In fiscal 2025, Transmedics Group, Inc. reported revenue of $605m, up 37.1% on the year before, operating income of $109m (a 17.9% margin) and net income of $190m, or $4.87 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13 | 24 | 26 | 30 | 93 | 242 | 442 | 605 | 668 |
| Cost of revenue | 7 | 10 | 9 | 9 | 28 | 88 | 179 | 243 | 276 |
| Gross profit | 6 | 14 | 17 | 21 | 65 | 154 | 262 | 363 | 392 |
| Research and development | 14 | 20 | 19 | 22 | 27 | 36 | 56 | 69 | 92 |
| Selling, general and administrative | 12 | 24 | 24 | 38 | 70 | 120 | 169 | 185 | 218 |
| Operating income | −20 | −30 | −26 | −39 | −31 | −29 | 37 | 109 | 82 |
| Interest expense | 3 | 4 | 4 | 4 | 4 | 11 | 14 | 14 | 21 |
| Income before tax | −24 | −34 | −29 | −44 | −36 | −27 | 36 | 108 | 73 |
| Income tax | 0 | 0 | 0 | — | 0 | −2 | 0 | −83 | −79 |
| Net income | −24 | −34 | −29 | −44 | −36 | −25 | 35 | 190 | 152 |
| Diluted EPS | −$1.75 | −$2.36 | −$1.16 | −$1.60 | −$1.23 | −$0.77 | $1.01 | $4.87 | $3.83 |
| Diluted shares (average) | 14m | 14m | 25m | 28m | 30m | 33m | 35m | 41m | 40m |
| EBITDA | −19 | −28 | −25 | −38 | −28 | −21 | 57 | 136 | 118 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 109 | 122 | 144 | 157 | 144 | 161 | 174 | 190 |
| Cost of revenue | 48 | 50 | 55 | 61 | 59 | 67 | 73 | 77 |
| Gross profit | 61 | 72 | 88 | 97 | 85 | 93 | 101 | 113 |
| Research and development | 14 | 16 | 17 | 16 | 15 | 21 | 25 | 32 |
| Selling, general and administrative | 43 | 47 | 44 | 44 | 46 | 51 | 63 | 58 |
| Operating income | 4 | 9 | 27 | 37 | 23 | 21 | 13 | 24 |
| Interest expense | 4 | 4 | 3 | 3 | 3 | 3 | 7 | 7 |
| Income before tax | 4 | 7 | 27 | 36 | 23 | 22 | 8 | 19 |
| Income tax | 0 | 0 | 1 | 1 | −1 | −84 | 1 | 5 |
| Net income | 4 | 7 | 26 | 35 | 24 | 105 | 7 | 15 |
| Diluted EPS | $0.12 | $0.20 | $0.70 | $0.92 | $0.66 | $2.59 | $0.20 | $0.41 |
| EBITDA | 9 | 14 | 34 | 43 | 30 | 29 | 25 | 34 |
Compare with peers
- Glaukos Corp income statement
- Novocure Ltd income statement
- Bioventus Inc. income statement
- Atricure, Inc. income statement
- Myriad Genetics Inc income statement
Head to head: GKOS vs TMDXNVCR vs TMDXBVS vs TMDXATRC vs TMDX
More: Health Care Equipment stocks compared, Health Care sector, rankings of US companies