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Side-by-side financial comparison of Priority Technology Holdings, Inc. (PRTH) and TransMedics Group, Inc. (TMDX). Click either name above to swap in a different company.

Priority Technology Holdings, Inc. is the larger business by last-quarter revenue ($247.1M vs $160.8M, roughly 1.5× TransMedics Group, Inc.). TransMedics Group, Inc. runs the higher net margin — 65.6% vs 3.6%, a 61.9% gap on every dollar of revenue. On growth, TransMedics Group, Inc. posted the faster year-over-year revenue change (32.2% vs 8.8%). Priority Technology Holdings, Inc. produced more free cash flow last quarter ($30.9M vs $19.0M). Over the past eight quarters, TransMedics Group, Inc.'s revenue compounded faster (28.8% CAGR vs 9.6%).

Information technology (IT) is the study or use of computers, telecommunication systems and other devices to create, process, store, retrieve and transmit information. While the term is commonly used to refer to computers and computer networks, it also encompasses other information distribution technologies such as television and telephones. Information technology is an application of computer science and computer engineering.

TransMedics Group, Inc. develops and commercializes innovative medical technologies for organ transplantation. Its flagship Organ Care System keeps donor organs viable during transport, improving transplant outcomes for heart, lung, liver and kidney recipients. It serves transplant centers and organ procurement organizations across North America, Europe and Asia-Pacific.

PRTH vs TMDX — Head-to-Head

Bigger by revenue
PRTH
PRTH
1.5× larger
PRTH
$247.1M
$160.8M
TMDX
Growing faster (revenue YoY)
TMDX
TMDX
+23.3% gap
TMDX
32.2%
8.8%
PRTH
Higher net margin
TMDX
TMDX
61.9% more per $
TMDX
65.6%
3.6%
PRTH
More free cash flow
PRTH
PRTH
$11.9M more FCF
PRTH
$30.9M
$19.0M
TMDX
Faster 2-yr revenue CAGR
TMDX
TMDX
Annualised
TMDX
28.8%
9.6%
PRTH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PRTH
PRTH
TMDX
TMDX
Revenue
$247.1M
$160.8M
Net Profit
$8.9M
$105.4M
Gross Margin
58.1%
Operating Margin
13.6%
13.2%
Net Margin
3.6%
65.6%
Revenue YoY
8.8%
32.2%
Net Profit YoY
23.9%
1436.9%
EPS (diluted)
$0.10
$2.59

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PRTH
PRTH
TMDX
TMDX
Q4 25
$247.1M
$160.8M
Q3 25
$241.4M
$143.8M
Q2 25
$239.8M
$157.4M
Q1 25
$224.6M
$143.5M
Q4 24
$227.1M
$121.6M
Q3 24
$227.0M
$108.8M
Q2 24
$219.9M
$114.3M
Q1 24
$205.7M
$96.8M
Net Profit
PRTH
PRTH
TMDX
TMDX
Q4 25
$8.9M
$105.4M
Q3 25
$27.6M
$24.3M
Q2 25
$10.9M
$34.9M
Q1 25
$8.3M
$25.7M
Q4 24
$7.2M
$6.9M
Q3 24
$10.6M
$4.2M
Q2 24
$994.0K
$12.2M
Q1 24
$5.2M
$12.2M
Gross Margin
PRTH
PRTH
TMDX
TMDX
Q4 25
58.1%
Q3 25
58.8%
Q2 25
61.4%
Q1 25
61.5%
Q4 24
59.2%
Q3 24
55.9%
Q2 24
60.6%
Q1 24
61.9%
Operating Margin
PRTH
PRTH
TMDX
TMDX
Q4 25
13.6%
13.2%
Q3 25
15.6%
16.2%
Q2 25
15.6%
23.2%
Q1 25
14.5%
19.1%
Q4 24
15.0%
7.1%
Q3 24
16.8%
3.6%
Q2 24
15.1%
10.9%
Q1 24
13.6%
12.8%
Net Margin
PRTH
PRTH
TMDX
TMDX
Q4 25
3.6%
65.6%
Q3 25
11.4%
16.9%
Q2 25
4.5%
22.2%
Q1 25
3.7%
17.9%
Q4 24
3.2%
5.6%
Q3 24
4.7%
3.9%
Q2 24
0.5%
10.7%
Q1 24
2.5%
12.6%
EPS (diluted)
PRTH
PRTH
TMDX
TMDX
Q4 25
$0.10
$2.59
Q3 25
$0.34
$0.66
Q2 25
$0.14
$0.92
Q1 25
$0.10
$0.70
Q4 24
$-0.05
$0.19
Q3 24
$0.07
$0.12
Q2 24
$-0.23
$0.35
Q1 24
$-0.10
$0.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PRTH
PRTH
TMDX
TMDX
Cash + ST InvestmentsLiquidity on hand
$77.2M
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$-100.4M
$473.1M
Total Assets
$2.4B
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRTH
PRTH
TMDX
TMDX
Q4 25
$77.2M
Q3 25
$57.0M
Q2 25
$50.6M
Q1 25
$47.6M
Q4 24
$58.6M
Q3 24
$41.1M
$330.1M
Q2 24
$34.6M
$362.8M
Q1 24
$34.3M
$350.2M
Total Debt
PRTH
PRTH
TMDX
TMDX
Q4 25
$1.0B
Q3 25
$997.5M
Q2 25
$917.0M
Q1 25
$918.9M
Q4 24
$920.9M
Q3 24
$808.1M
Q2 24
$809.0M
Q1 24
$631.4M
Stockholders' Equity
PRTH
PRTH
TMDX
TMDX
Q4 25
$-100.4M
$473.1M
Q3 25
$-110.3M
$355.2M
Q2 25
$-146.1M
$318.1M
Q1 25
$-158.3M
$266.3M
Q4 24
$-166.8M
$228.6M
Q3 24
$-165.8M
$209.9M
Q2 24
$-172.1M
$189.9M
Q1 24
$-159.9M
$159.5M
Total Assets
PRTH
PRTH
TMDX
TMDX
Q4 25
$2.4B
$1.1B
Q3 25
$2.2B
$946.0M
Q2 25
$2.0B
$890.5M
Q1 25
$1.9B
$837.5M
Q4 24
$1.8B
$804.1M
Q3 24
$1.8B
$785.6M
Q2 24
$1.7B
$758.6M
Q1 24
$1.6B
$723.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PRTH
PRTH
TMDX
TMDX
Operating Cash FlowLast quarter
$36.8M
$34.5M
Free Cash FlowOCF − Capex
$30.9M
$19.0M
FCF MarginFCF / Revenue
12.5%
11.8%
Capex IntensityCapex / Revenue
2.4%
9.7%
Cash ConversionOCF / Net Profit
4.12×
0.33×
TTM Free Cash FlowTrailing 4 quarters
$75.1M
$133.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRTH
PRTH
TMDX
TMDX
Q4 25
$36.8M
$34.5M
Q3 25
$36.1M
$69.6M
Q2 25
$17.1M
$91.6M
Q1 25
$10.0M
$-2.9M
Q4 24
$23.8M
$19.7M
Q3 24
$19.8M
$6.9M
Q2 24
$28.7M
$25.7M
Q1 24
$13.3M
$-3.4M
Free Cash Flow
PRTH
PRTH
TMDX
TMDX
Q4 25
$30.9M
$19.0M
Q3 25
$30.1M
$61.9M
Q2 25
$9.2M
$82.5M
Q1 25
$4.9M
$-29.9M
Q4 24
$19.1M
$6.1M
Q3 24
$14.5M
$-41.3M
Q2 24
$23.6M
$2.0M
Q1 24
$6.7M
$-47.6M
FCF Margin
PRTH
PRTH
TMDX
TMDX
Q4 25
12.5%
11.8%
Q3 25
12.5%
43.1%
Q2 25
3.8%
52.4%
Q1 25
2.2%
-20.8%
Q4 24
8.4%
5.0%
Q3 24
6.4%
-38.0%
Q2 24
10.7%
1.7%
Q1 24
3.3%
-49.2%
Capex Intensity
PRTH
PRTH
TMDX
TMDX
Q4 25
2.4%
9.7%
Q3 25
2.5%
5.3%
Q2 25
3.3%
5.8%
Q1 25
2.3%
18.8%
Q4 24
2.0%
11.2%
Q3 24
2.3%
44.3%
Q2 24
2.3%
20.8%
Q1 24
3.2%
45.6%
Cash Conversion
PRTH
PRTH
TMDX
TMDX
Q4 25
4.12×
0.33×
Q3 25
1.31×
2.86×
Q2 25
1.57×
2.62×
Q1 25
1.20×
-0.11×
Q4 24
3.29×
2.87×
Q3 24
1.87×
1.63×
Q2 24
28.87×
2.11×
Q1 24
2.56×
-0.28×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PRTH
PRTH

Segment breakdown not available.

TMDX
TMDX

Liver Product$127.0M79%
Heart Product$26.0M16%
Other$5.9M4%
Lung Product$1.9M1%

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