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TransMedics Group (TMDX) gross margin by quarter

TransMedics Group's gross margin was 58.5% in Q3 2026 (third quarter 2026), -1.1 pts from Q2 2026. Over the last 7 quarters it ranged from 58.1% (Q4 2025) to 61.5% (Q1 2025).

TransMedics Group gross margin by quarterTransMedics Group gross margin by quarter61.5%Q1 202561.4%Q2 202558.8%Q3 202558.1%Q4 202558.2%Q1 202659.6%Q2 202658.5%Q3 2026
QuarterGross marginQ/QY/Y
Q3 202658.5%-1.1 pts-0.4 pts
Q2 202659.6%+1.4 pts-1.8 pts
Q1 202658.2%+0.1 pts-3.3 pts
Q4 202558.1%-0.7 pts—
Q3 202558.8%-2.6 pts—
Q2 202561.4%-0.1 pts—
Q1 202561.5%——

Q3 2026 at a glance

TransMedics Group, Q3 2026: revenue $203M (+41% year over year), operating margin 13.9%, net earnings $17.1M, operating cash flow $36.0M. The chart follows the revenue to costs, profit and cash.

Questions

What is TransMedics Group's gross margin?

TransMedics Group's gross margin was 58.5% in Q3 2026 (third quarter 2026), -1.1 pts from Q2 2026.

How has TransMedics Group's gross margin changed?

Over the last 7 quarters it ranged from 58.1% (Q4 2025) to 61.5% (Q1 2025).

Q3 2026 results → · How TransMedics Group makes money →