vs

Side-by-side financial comparison of SILICON LABORATORIES INC. (SLAB) and TransMedics Group, Inc. (TMDX). Click either name above to swap in a different company.

SILICON LABORATORIES INC. is the larger business by last-quarter revenue ($208.2M vs $160.8M, roughly 1.3× TransMedics Group, Inc.). On growth, TransMedics Group, Inc. posted the faster year-over-year revenue change (32.2% vs 25.2%). TransMedics Group, Inc. produced more free cash flow last quarter ($19.0M vs $-1.6M). Over the past eight quarters, SILICON LABORATORIES INC.'s revenue compounded faster (39.9% CAGR vs 28.8%).

Silicon Laboratories, Inc., commonly referred to as Silicon Labs, is a fabless global technology company that designs and manufactures semiconductors, other silicon devices and software, which it sells to electronics design engineers and manufacturers in Internet of Things (IoT) infrastructure worldwide.

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.

SLAB vs TMDX — Head-to-Head

Bigger by revenue
SLAB
SLAB
1.3× larger
SLAB
$208.2M
$160.8M
TMDX
Growing faster (revenue YoY)
TMDX
TMDX
+6.9% gap
TMDX
32.2%
25.2%
SLAB
More free cash flow
TMDX
TMDX
$20.6M more FCF
TMDX
$19.0M
$-1.6M
SLAB
Faster 2-yr revenue CAGR
SLAB
SLAB
Annualised
SLAB
39.9%
28.8%
TMDX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SLAB
SLAB
TMDX
TMDX
Revenue
$208.2M
$160.8M
Net Profit
$105.4M
Gross Margin
63.4%
58.1%
Operating Margin
-1.6%
13.2%
Net Margin
65.6%
Revenue YoY
25.2%
32.2%
Net Profit YoY
1436.9%
EPS (diluted)
$-0.07
$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
SLAB
SLAB
TMDX
TMDX
Q1 26
$208.2M
Q4 25
$206.0M
$160.8M
Q3 25
$192.8M
$143.8M
Q2 25
$177.7M
$157.4M
Q1 25
$143.5M
Q4 24
$166.2M
$121.6M
Q3 24
$166.4M
$108.8M
Q2 24
$145.4M
$114.3M
Net Profit
SLAB
SLAB
TMDX
TMDX
Q1 26
Q4 25
$-9.9M
$105.4M
Q3 25
$-21.8M
$24.3M
Q2 25
$34.9M
Q1 25
$25.7M
Q4 24
$6.9M
Q3 24
$-28.5M
$4.2M
Q2 24
$-82.2M
$12.2M
Gross Margin
SLAB
SLAB
TMDX
TMDX
Q1 26
63.4%
Q4 25
57.8%
58.1%
Q3 25
56.1%
58.8%
Q2 25
55.0%
61.4%
Q1 25
61.5%
Q4 24
54.3%
59.2%
Q3 24
54.3%
55.9%
Q2 24
52.7%
60.6%
Operating Margin
SLAB
SLAB
TMDX
TMDX
Q1 26
-1.6%
Q4 25
-6.0%
13.2%
Q3 25
-11.9%
16.2%
Q2 25
-18.1%
23.2%
Q1 25
19.1%
Q4 24
-17.2%
7.1%
Q3 24
-17.9%
3.6%
Q2 24
-33.0%
10.9%
Net Margin
SLAB
SLAB
TMDX
TMDX
Q1 26
Q4 25
-4.8%
65.6%
Q3 25
-11.3%
16.9%
Q2 25
22.2%
Q1 25
17.9%
Q4 24
5.6%
Q3 24
-17.1%
3.9%
Q2 24
-56.5%
10.7%
EPS (diluted)
SLAB
SLAB
TMDX
TMDX
Q1 26
$-0.07
Q4 25
$-0.30
$2.59
Q3 25
$-0.67
$0.66
Q2 25
$-0.94
$0.92
Q1 25
$0.70
Q4 24
$-0.72
$0.19
Q3 24
$-0.88
$0.12
Q2 24
$-2.56
$0.35

Balance Sheet & Financial Strength

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

Metric
SLAB
SLAB
TMDX
TMDX
Cash + ST InvestmentsLiquidity on hand
$443.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$473.1M
Total Assets
$1.3B
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLAB
SLAB
TMDX
TMDX
Q1 26
$443.6M
Q4 25
$439.0M
Q3 25
$415.5M
Q2 25
$424.8M
Q1 25
Q4 24
$382.2M
Q3 24
$369.7M
$330.1M
Q2 24
$339.2M
$362.8M
Stockholders' Equity
SLAB
SLAB
TMDX
TMDX
Q1 26
$1.1B
Q4 25
$1.1B
$473.1M
Q3 25
$1.1B
$355.2M
Q2 25
$1.1B
$318.1M
Q1 25
$266.3M
Q4 24
$1.1B
$228.6M
Q3 24
$1.1B
$209.9M
Q2 24
$1.1B
$189.9M
Total Assets
SLAB
SLAB
TMDX
TMDX
Q1 26
$1.3B
Q4 25
$1.3B
$1.1B
Q3 25
$1.2B
$946.0M
Q2 25
$1.2B
$890.5M
Q1 25
$837.5M
Q4 24
$1.2B
$804.1M
Q3 24
$1.2B
$785.6M
Q2 24
$1.2B
$758.6M

Cash Flow & Capital Efficiency

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

Metric
SLAB
SLAB
TMDX
TMDX
Operating Cash FlowLast quarter
$8.3M
$34.5M
Free Cash FlowOCF − Capex
$-1.6M
$19.0M
FCF MarginFCF / Revenue
-0.8%
11.8%
Capex IntensityCapex / Revenue
4.8%
9.7%
Cash ConversionOCF / Net Profit
0.33×
TTM Free Cash FlowTrailing 4 quarters
$65.8M
$133.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLAB
SLAB
TMDX
TMDX
Q1 26
$8.3M
Q4 25
$34.3M
$34.5M
Q3 25
$4.9M
$69.6M
Q2 25
$48.1M
$91.6M
Q1 25
$-2.9M
Q4 24
$10.1M
$19.7M
Q3 24
$31.6M
$6.9M
Q2 24
$16.1M
$25.7M
Free Cash Flow
SLAB
SLAB
TMDX
TMDX
Q1 26
$-1.6M
Q4 25
$27.9M
$19.0M
Q3 25
$-3.8M
$61.9M
Q2 25
$43.3M
$82.5M
Q1 25
$-29.9M
Q4 24
$6.2M
$6.1M
Q3 24
$29.4M
$-41.3M
Q2 24
$12.6M
$2.0M
FCF Margin
SLAB
SLAB
TMDX
TMDX
Q1 26
-0.8%
Q4 25
13.6%
11.8%
Q3 25
-2.0%
43.1%
Q2 25
24.4%
52.4%
Q1 25
-20.8%
Q4 24
3.7%
5.0%
Q3 24
17.7%
-38.0%
Q2 24
8.7%
1.7%
Capex Intensity
SLAB
SLAB
TMDX
TMDX
Q1 26
4.8%
Q4 25
3.1%
9.7%
Q3 25
4.5%
5.3%
Q2 25
2.7%
5.8%
Q1 25
18.8%
Q4 24
2.4%
11.2%
Q3 24
1.3%
44.3%
Q2 24
2.4%
20.8%
Cash Conversion
SLAB
SLAB
TMDX
TMDX
Q1 26
Q4 25
0.33×
Q3 25
2.86×
Q2 25
2.62×
Q1 25
-0.11×
Q4 24
2.87×
Q3 24
1.63×
Q2 24
2.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SLAB
SLAB

Sales Channel Through Intermediary$157.5M76%
Sales Channel Directly To Consumer$50.7M24%

TMDX
TMDX

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

Related Comparisons