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NASDAQ · Health care

Merit Medical Systems Inc (MMSI)

Merit Medical Systems Inc brought in $1.6B of revenue over the twelve months to June 30, 2026, up 10.2% from a year earlier. Net income was $145.6M, a net margin of 9.2%. Operating cash flow minus capital spending left $215.7M of free cash flow in fiscal 2025. At June 30, 2026 it held $448.7M in cash against $736.3M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 30, 2026.

Revenue (last 12 months)
$1.6B
+10.2% year on year
Net margin
9.2%

What Merit Medical Systems Inc does

Merit Medical Systems Inc is registered with the SEC under industry code SIC 3841 (Surgical & Medical Instruments & Apparatus). Its shares trade on NASDAQ under the ticker MMSI.

Revenue and profit by year

Revenue
FY18: $882.8M $882.8M FY18FY19: $994.9M $994.9M FY19FY20: $963.9M $963.9M FY20FY21: $1.1B $1.1B FY21FY22: $1.2B $1.2B FY22FY23: $1.3B $1.3B FY23FY24: $1.4B $1.4B FY24FY25: $1.5B $1.5B FY25
Net income
FY18: $42M $42M FY18FY19: $5.5M $5.5M FY19FY20: -$9.8M -$9.8M FY20FY21: $48.5M $48.5M FY21FY22: $74.5M $74.5M FY22FY23: $94.4M $94.4M FY23FY24: $120.4M $120.4M FY24FY25: $128.5M $128.5M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$1.5B$184.7M$128.5M$2.13$215.7M
2024$1.4B$155.7M$120.4M$2.03$185.7M
2023$1.3B$123.9M$94.4M$1.62$110.9M
2022$1.2B$87.6M$74.5M$1.29$69.3M
2021$1.1B$60.9M$48.5M$0.84$119.3M
2020$963.9M-$1.6M-$9.8M-$0.18$119.3M

Latest SEC filings

What Merit Medical Systems Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 20, 2026
    Executive or director change 8-K
  2. July 30, 2026
    Quarterly report 10-Q · period to June 30, 2026
  3. July 30, 2026
    Quarterly results 8-K
  4. June 29, 2026
    Employee stock plan registration S-8
  5. June 26, 2026
    Employee plan annual report 11-K
  6. May 29, 2026
    Conflict minerals disclosure SD
  7. May 19, 2026
    Executive or director change 8-K
  8. May 15, 2026
    Employee stock plan registration S-8
  9. April 30, 2026
    Quarterly report 10-Q · period to March 31, 2026
  10. April 30, 2026
    Quarterly results 8-K

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 9, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about MMSI

What does Merit Medical Systems Inc do?

Merit Medical Systems Inc is registered with the SEC under industry code SIC 3841 (Surgical & Medical Instruments & Apparatus). Its shares trade on NASDAQ under the ticker MMSI.

Is Merit Medical Systems Inc profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $145.6M on revenue of $1.6B, a net margin of 9.2%.

How much revenue does Merit Medical Systems Inc make?

Over the twelve months to June 30, 2026 Merit Medical Systems Inc reported revenue of $1.6B. That is 10.2% more than a year earlier.

When did Merit Medical Systems Inc last report?

Its most recent periodic report is the quarterly report (10-Q) filed on July 30, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from September 9, 2026.

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Where the numbers come from

Financial figures are the values Merit Medical Systems Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.