Merit Medical Systems, Inc. (MMSI)
NASDAQ: MMSI · Real-Time Price · USD
90.76
+0.26 (0.29%)
Aug 14, 2026, 4:00 PM EDT - Market closed

Merit Medical Systems Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
1,5791,5161,3571,2571,1511,075
Revenue Growth
10.19%11.75%7.89%9.24%7.09%11.50%
Cost of Revenue
797.09777.64713.18673.49631.88589.42
Gross Profit
781.73738.27643.33583.87519.1485.33
Selling, General & Admin
468.67447.01387.83366.08335.33329.69
Research & Development
98.5197.3587.4782.7375.5171.25
Operating Expenses
567.18544.37475.3448.8410.84400.94
Operating Income
214.55193.9168.04135.07108.2684.4
Interest Expense
-31.76-26.46-31.22-15.51-6.34-5.26
Interest & Investment Income
15.1715.0726.232.460.440.77
Currency Exchange Gain (Loss)
-4.73-0.11.9621.42-1.6
Other Non Operating Income (Expenses)
1.85-2.29-2.67-0.8-0.45-0.91
EBT Excluding Unusual Items
195.09180.12162.34123.21103.3377.4
Merger & Restructuring Charges
-13.4-8.2-11.9-7.6-7.2-2.7
Gain (Loss) on Sale of Investments
----0.27-0.5-
Gain (Loss) on Sale of Assets
12.56-----
Asset Writedown
-----1.72-1.58
Legal Settlements
------10.04
Other Unusual Items
0.22-0.98-0.44-1.7-4.61-9.16
Pretax Income
194.46170.94149.99112.0982.6353.92
Income Tax Expense
48.942.4529.6417.688.115.46
Net Income
145.56128.49120.3694.4174.5248.45
Net Income to Common
145.56128.49120.3694.4174.5248.45
Net Income Growth
22.20%6.76%27.48%26.70%53.79%-
Shares Outstanding (Basic)
595958585756
Shares Outstanding (Diluted)
606059585857
Shares Change
-0.86%1.85%1.73%1.19%0.54%3.47%
EPS (Basic)
2.452.172.071.641.310.86
EPS (Diluted)
2.432.132.031.621.290.84
EPS Growth
23.23%4.93%25.31%25.58%53.57%-
Free Cash Flow
203.21215.66185.66110.8669.26119.29
Free Cash Flow Per Share
3.393.573.131.901.202.08
Gross Margin
49.51%48.70%47.42%46.44%45.10%45.16%
Operating Margin
13.59%12.79%12.39%10.74%9.41%7.85%
Profit Margin
9.22%8.48%8.87%7.51%6.47%4.51%
Free Cash Flow Margin
12.87%14.23%13.69%8.82%6.02%11.10%
EBITDA
338.94317.07270.75225.05190.07168.46
EBITDA Margin
21.47%20.92%19.96%17.90%16.51%15.68%
D&A For EBITDA
124.39123.17102.7189.9981.884.07
EBIT
214.55193.9168.04135.07108.2684.4
EBIT Margin
13.59%12.79%12.39%10.74%9.41%7.85%
Effective Tax Rate
25.15%24.83%19.76%15.77%9.82%10.13%
SEC Filings: 10-K · 10-Q