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TransMedics Group, Inc., a commercial-stage medical technology company, engages in transforming organ transplant therapy for end-stage organ failure patients in the United States and internationally. The company offers Organ Care System (OCS), a portable organ perfusion, optimization, and monitoring system that utilizes its proprietary and customized technology to replicate near-physiologic conditions for donor organs outside of the human body. Its Organ Care System includes OCS LUNG for the preservation of standard criteria donor lungs for double-lung transplantation; OCS Heart, a technology for extracorporeal perfusion and preservation of donor hearts; and OCS Liver for the preservation of donor livers. The company was founded in 1998 and is headquartered in Andover, Massachusetts.

Metric	Dec '27 (E)	Dec '26 (E)	Dec '25 (E)	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20
Adjusted Revenue			601
Adjusted Gross Profit			—
Adjusted Gross Margin			—
Adjusted EBIT			102.2
Adjusted EBIT Margin			17%
Adjusted EBITDA			150.4
Adjusted EBITDA Margin			25%
Adjusted Net Income			99
Adjusted Net Income Margin			16.5%
Adjusted EPS			2.6
Adjusted Free Cash Flow (FCF)			121.8
Adjusted Free Cash Flow Margin			20.3%
Adjusted Capital Expenditures			-26