Merit Medical Systems, Inc. (MMSI)

NASDAQ: MMSI · Real-Time Price · USD

62.01

-6.17 (-9.05%)

At close: May 1, 2026, 4:00 PM EDT

62.50

+0.49 (0.79%)

After-hours: May 1, 2026, 6:22 PM EDT

Merit Medical Systems Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,542	1,516	1,357	1,257	1,151	1,075
Revenue Growth (YoY)	11.10%	11.75%	7.89%	9.24%	7.09%	11.50%
Cost of Revenue	791.39	777.64	713.18	673.49	631.88	589.42
Gross Profit	751.05	738.27	643.33	583.87	519.1	485.33
Selling, General & Admin	465.94	455.21	399.73	373.68	342.53	335.69
Research & Development	97.48	97.35	87.47	82.73	75.51	71.25
Other Operating Expenses	-0.22	0.98	0.44	3.52	13.5	17.48
Total Operating Expenses	563.2	553.55	487.64	459.93	431.54	424.42
Operating Income	187.84	184.72	155.69	123.94	87.56	60.92
Interest Income	15.18	15.07	26.23	2.46	0.44	0.77
Interest Expense	-26.42	-26.46	-31.22	-15.51	-6.34	-5.26
Other Non-Operating Income (Expense)	9.92	-2.39	-0.71	1.2	0.97	-2.51
Total Non-Operating Income (Expense)	-1.32	-13.78	-5.7	-11.86	-4.93	-7
Pretax Income	186.53	170.94	149.99	112.09	82.63	53.92
Provision for Income Taxes	47.19	42.45	29.64	17.68	8.11	5.46
Net Income	139.34	128.49	120.36	94.41	74.52	48.45
Net Income to Common	139.34	128.49	120.36	94.41	74.52	48.45
Net Income Growth	13.96%	6.76%	27.48%	26.70%	53.79%	-
Shares Outstanding (Basic)	59	59	58	58	57	56
Shares Outstanding (Diluted)	60	60	59	58	58	57
Shares Change (YoY)	0.17%	1.85%	1.73%	1.19%	0.54%	3.47%
EPS (Basic)	2.35	2.17	2.07	1.64	1.31	0.86
EPS (Diluted)	2.31	2.13	2.03	1.62	1.29	0.84
EPS Growth	13.23%	4.93%	25.31%	25.58%	53.57%	-
Shares Outstanding	59.66	59.42	58.74	57.86	57.31	56.57
Free Cash Flow	220.82	215.66	185.66	110.86	69.26	119.29
Free Cash Flow Growth	2.39%	16.16%	67.47%	60.06%	-41.94%	0.01%
Free Cash Flow Per Share	3.67	3.57	3.13	1.90	1.20	2.08
Gross Margin	48.69%	48.70%	47.43%	46.44%	45.10%	45.16%
Operating Margin	12.18%	12.19%	11.48%	9.86%	7.61%	5.67%
Profit Margin	9.03%	8.48%	8.87%	7.51%	6.47%	4.51%
FCF Margin	14.32%	14.23%	13.69%	8.82%	6.02%	11.10%
EBITDA	312.22	307.89	258.4	213.93	169.37	144.98
EBITDA Margin	20.24%	20.31%	19.05%	17.01%	14.71%	13.49%
EBIT	187.84	184.72	155.69	123.94	87.56	60.92
EBIT Margin	12.18%	12.19%	11.48%	9.86%	7.61%	5.67%
Effective Tax Rate	25.30%	24.83%	19.76%	15.77%	9.82%	10.13%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q