MMSI
Merit Med Sys (MMSI)
NASDAQ
$67.24+$0.74 (+1.11%)
Price as of Jun 23, 2026 6:21 PM EDT
  • $4.0B
    Market Cap
  • -27.97%
    1-Year Change
  • Medical Instruments & Supplies
    Industry
Annual
Quarterly
12/31/2025
12/31/2024
12/31/2023
12/31/2022
Income Statement
Total Operating Revenue
1.5B
+11.75%
1.4B
+7.89%
1.3B
+9.24%
1.2B
+7.09%
Cost of Revenue
777.6M
+9.04%
713.2M
+5.89%
673.5M
+6.59%
631.9M
+7.20%
Gross Profit
738.3M
+14.76%
643.3M
+10.18%
583.9M
+12.48%
519.1M
+6.96%
Sales and Marketing Expense
455.2M
+13.88%
399.7M
+6.97%
373.7M
+9.09%
342.5M
+2.04%
Research and Development Expense
-97.4M
+11.30%
-87.5M
+5.73%
-82.7M
+9.56%
-75.5M
+5.98%
Depreciation and Amortization Expense
123.2M
+19.92%
102.7M
+14.14%
90.0M
+10.00%
81.8M
-2.69%
Total Operating Expenses
553.5M
+13.52%
487.6M
+6.03%
459.9M
+6.58%
431.5M
+1.68%
Operating Profit
184.7M
+18.64%
155.7M
+25.62%
123.9M
+41.55%
87.6M
+43.74%
Interest Income
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Interest Expense
N/A
N/A
N/A
N/A
-15.5M
+144.69%
-6.3M
+20.49%
Interest Income and Expense and Net
0
N/A
0
+100.00%
-15.5M
+144.69%
-6.3M
+20.49%
Total Nonoperating Income and Expense
-13.8M
+141.81%
-5.7M
-51.92%
-11.9M
+140.27%
-4.9M
-29.50%
Income before Taxes
170.9M
+13.96%
150.0M
+33.82%
112.1M
+35.65%
82.6M
+53.25%
Income Taxes
42.4M
+43.23%
29.6M
+67.64%
17.7M
+117.90%
8.1M
+48.51%
Extraordinary Items
270,000
0.00%
270,000
0.00%
270,000
-87.83%
2.2M
-48.19%
Net Income
128.5M
+6.76%
120.4M
+27.48%
94.4M
+26.70%
74.5M
+53.79%
Net Income from Continuing Operations Applicable to Common
170.9M
+13.96%
150.0M
+33.82%
112.1M
+35.65%
82.6M
+53.25%
Basic EPS and Net Income
2.17
+4.83%
2.07
+26.22%
1.64
+25.19%
1.31
+52.33%
Diluted EPS and Net Income
2.13
+4.93%
2.03
+25.31%
1.62
+25.58%
1.29
+53.57%
Basic Weighted Average Shares
59.2M
+1.61%
58.2M
+1.09%
57.6M
+1.39%
56.8M
+1.18%
Diluted Weighted Average Shares
60.5M
+1.84%
59.4M
+1.73%
58.4M
+1.19%
57.7M
+0.54%
Balance Sheet
Cash and Cash Equivalents
446.4M
+18.50%
376.7M
-35.83%
587.0M
+905.06%
58.4M
-13.79%
Short-Term Investments
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash and Cash Equivalents and Short-Term Investments
446.4M
+18.50%
376.7M
-35.83%
587.0M
+905.06%
58.4M
-13.79%
Total Current Assets
1.0B
+12.60%
923.8M
-16.66%
1.1B
+109.51%
529.1M
+9.72%
Accumulated Depreciation
376.4M
+7.06%
351.6M
+6.86%
329.0M
+8.50%
303.3M
+8.07%
Property and Plant and Equipment and Net
428.4M
+10.94%
386.2M
+0.69%
383.5M
+0.14%
383.0M
+3.05%
Total Long-Term Assets
78.2M
+19.73%
65.3M
+19.24%
54.8M
+23.54%
44.4M
+7.08%
Total Assets
2.7B
+11.05%
2.4B
+4.02%
2.3B
+39.74%
1.7B
+0.95%
Income Taxes Payable
28.5M
+599.09%
4.1M
-62.85%
11.0M
-56.95%
25.5M
-25.82%
Total Short-Term Debt
N/A
N/A
N/A
N/A
11.3M
0.00%
11.3M
+33.33%
Total Current Liabilities
239.8M
+10.80%
216.4M
+6.31%
203.6M
-7.74%
220.6M
-6.62%
Total Long-Term Debt
734.0M
+0.62%
729.6M
-11.36%
823.0M
+340.68%
186.8M
-20.32%
Total Long-Term Liabilities
10.3M
-33.30%
15.5M
+11.72%
13.8M
-6.15%
14.7M
-37.52%
Total Liabilities
1.1B
+6.00%
1.0B
-7.48%
1.1B
+116.19%
519.6M
-14.61%
Retained Earnings
824.0M
+18.47%
695.5M
+20.92%
575.2M
+19.64%
480.8M
+18.34%
Total Stockholders Equity
1.6B
+14.86%
1.4B
+14.76%
1.2B
+5.03%
1.1B
+10.06%
Total Shares Outstanding
59.4M
+1.16%
58.7M
+1.53%
57.9M
+0.96%
57.3M
+1.30%
Cash Flow
Cash from Operating Activities
297.4M
+34.68%
220.8M
+52.12%
145.2M
+27.00%
114.3M
-22.37%
Capital Expenditures
81.7M
+132.54%
35.1M
+2.48%
34.3M
-23.85%
45.0M
+61.17%
Cash from Investing Activities
-247.4M
-32.89%
-368.7M
+110.24%
-175.3M
+205.50%
-57.4M
+54.45%
Dividends Paid
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash from Financing Activities
16.0M
+126.66%
-60.0M
-110.73%
559.3M
+1,028.09%
-60.3M
-38.78%
Financials Ratio
Gross Margin
48.70%
+2.69%
47.43%
+2.13%
46.44%
+2.96%
45.10%
-0.13%
Operating Margin
12.19%
+6.17%
11.48%
+16.43%
9.86%
+29.57%
7.61%
+34.22%
Return on Assets
5.03%
-0.79%
5.07%
+7.20%
4.73%
+5.20%
4.50%
+53.80%
Return on Equity
8.67%
-7.01%
9.33%
+15.88%
8.05%
+17.94%
6.82%
+40.70%
Revenue Growth
11.75%
+49.01%
7.89%
-14.69%
9.24%
+30.32%
7.09%
-38.34%
Current Ratio
4.34
+1.63%
4.27
-21.61%
5.45
+127.09%
2.40
+17.50%
Cash Ratio
1.86
+6.95%
1.74
-39.64%
2.88
+989.46%
0.26
-7.67%
Debt-to-Equity Ratio
N/A
N/A
N/A
N/A
0.69
+301.21%
0.17
-25.91%
Debt-to-Assets Ratio
N/A
N/A
N/A
N/A
0.36
+201.51%
0.12
-19.21%

Earnings & Revenue History

Debt-to-Assets

Cash Flow