TransMedics Group, Inc.
Close on Oct 19, 2026
- Market cap
- $2.91B
- P/E (TTM)
- 18.6
- Dividend yield
- 0.00%
About TransMedics
Electromedical & Electrotherapeutic Apparatus, SIC 3845
TransMedics is a medical technology company that develops systems and services for organ transplantation. Its core product platform is the Organ Care System, a portable warm perfusion device designed to preserve donor hearts, lungs, and livers in a functioning state outside the human body. The system comprises an electromechanical console, single-use perfusion sets, and nutrient solutions. The company also offers the National OCS Program, providing outsourced organ procurement, perfusion management, and air and ground transport logistics. Its primary customers are hospital transplant programs and academic medical centers.
The company is headquartered in Andover, Massachusetts, with plans to transition its headquarters to Somerville, Massachusetts. It maintains an aircraft maintenance hub in Dallas, Texas, and operates a fleet of 22 fixed-wing aircraft across the United States. Internationally, the company conducts research and development in Mirandola, Italy, and maintains distribution, commercial, and logistics operations in Europe. As of December 31, 2025, the company employed 898 people worldwide, the majority of whom were full-time personnel located in the United States.
Summary of the business section of TransMedics's latest annual report, written by StockData.
Company profile
Company
- Legal name
- TransMedics Group, Inc.
- Headquarters
- Andover, MA
- Address
- 200 Minuteman Road 01810
- Phone
- (978) 552-0900
- Employees
- 898, Dec 31, 2025
- Industry
- Electromedical & Electrotherapeutic Apparatus
- Incorporated in
- Massachusetts
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Boston, Massachusetts
Stock & identifiers
- Ticker
- TMDX
- Exchange
- Nasdaq
- IPO date
- May 2, 2019
- Shares outstanding
- 35M, Jul 30, 2026
- Public float
- $4.43B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1756262
- CUSIP
- 89377M109
- ISIN
- US89377M1099
- LEI
- 549300060GVOSMWARH50
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Waleed H. Hassanein | President & CEO, Director | 666,102 |
| Fernando N. Araujo | See Remarks | – |
| Nicholas Corcoran | See remarks | 41,558 |
| Gerardo Hernandez | Chief Financial Officer | 31,935 |
| Matthew S. Forsyth | See Remarks | 15,409 |
| Anil P. Ranganath | See remarks | 13,091 |
| Giovanni Cecere | Chief Commercial Officer | 7,975 |
| Tamer I. Khayal | Chief Commercial Officer | 36,042 |
| David Weill | Director | 16,392 |
| James R. Tobin | Director | 162,127 |
| Thomas J. Gunderson | Director | 16,642 |
| Edward M. Basile | Director | 5,788 |
| Stephanie Lovell | Director | 5,788 |
| Edwin Kania | Director | 309,874 |
| Merilee Raines | Director | 6,981 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Waleed H. Hassanein, M.D. | $10.92M | $26.17M | $2.41M | $611 | $99 |
| FY2024 Waleed H. Hassanein, M.D. | $8.20M | $9.63M | $2.98M | $313 | $81 |
| FY2023 Waleed H. Hassanein, M.D. | $6.76M | $12.84M | $2.49M | $397 | $82 |
| FY2022 Waleed H. Hassanein, M.D. | $3.29M | $25.22M | $958.88K | $310 | $77 |
| FY2021 Waleed H. Hassanein, M.D. | $7.37M | $5.17M | $1.44M | $96 | $96 |
| FY2020 Waleed H. Hassanein, M.D. | $2.39M | $2.66M | $928.50K | $105 | $130 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed 898 people globally, most of whom were full-time and located in the United States.”
Corporate history
Events identified from SEC filings