10-Q quarterly report · filed May 5, 2026

TransMedics Group, Inc. (TMDX) Q1 2026 10-Q Quarterly Report

Short answer

TransMedics Group, Inc. (TMDX) filed its Q1 2026 10-Q quarterly report on May 5, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $174M (up 21.2% year over year) with net income of $7M.

Q1 2026 key financials · XBRL

Revenue
$174M
+21.2% YoY
Net income
$7M
−71.5% YoY
Operating margin
7.6%
Gross margin
58.2%
EPS (diluted)
$0.20
−71.4% YoY

Source: XBRL data from the TransMedics Group, Inc. (TMDX) Q1 2026 10-Q on SEC EDGAR. USD.

TransMedics Group, Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $173.9M, up $30.4M YoY from $143.5M, driven by Liver revenue and NOP usage
  • Overall gross margin 58% vs 61% YoY; product margin 77% vs 82%, service margin 27% vs 29%
  • Best segment Liver revenue $149.0M vs $108.9M; worst Lung revenue $2.8M vs $4.0M
  • Cash $461.7M; operating cash flow $24.5M vs $(2.9)M YoY; investing outflow $36.7M
  • Outlook: long-term revenue growth expected; higher operating expenditures, tax rate, tariff and freight-cost headwinds

Risk Factors

  • No Risk Factors section provided in the submitted excerpt
  • Newly disclosed director 10b5-1 plan authorizes sale of 15,934 common shares
  • Trading plan adopted March 4, 2026, with trading scheduled from June 24, 2026 to May 25, 2027
  • January 30, 2026 executive retention agreements introduced for Giovanni Cecere and Matthew Forsyth

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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