Medtronic vs TransMedics: revenue, profit, margins and growth compared
Medtronic brought in $36.4B of revenue in fiscal 2026, TransMedics $605.5M in fiscal 2025. Revenue changed by +8.4% at Medtronic and +37.1% at TransMedics on the year before, so TransMedics grew faster. Medtronic kept 13.2% of its revenue as net profit, TransMedics 31.4%. Free cash flow was $5.4B at Medtronic and $133.6M at TransMedics.
Fiscal years as each company reports them; the two may end in different months.
Questions about Medtronic and TransMedics
Which is bigger by revenue, Medtronic or TransMedics?
Medtronic is bigger by revenue: $36.4B in fiscal 2026, against $605.5M for TransMedics in fiscal 2025.
Which keeps more of its revenue as profit, Medtronic or TransMedics?
Medtronic had a net margin of 13.2% in fiscal 2026; TransMedics had 31.4% in fiscal 2025.
Which grew revenue faster, Medtronic or TransMedics?
In their latest fiscal years revenue changed by +8.4% at Medtronic and +37.1% at TransMedics.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.