Merit Medical Systems (MMSI) reported $1.5B in revenue for fiscal 2025, +11.8% year on year. That ranks #1503 by revenue among 2853 SEC filers and #134 in Healthcare. Net income was $128M, a net margin of 8.5%. Revenue has grown 10.8% a year on average since 2016 ($604M then). The fiscal 2025 balance sheet shows $2.7B in total assets, $446M in cash and $734M in long-term debt.
Key figures
| Key figures | FY2025 | YoY | Source |
|---|---|---|---|
| RevenueRevenueFromContractWithCustomerExcludingAssessedTax | $1.5B | +11.8% | FY20252025-12-31 |
| Gross profitGrossProfit | $738M | +14.8% | FY20252025-12-31 |
| Operating incomeOperatingIncomeLoss | $185M | +18.6% | FY20252025-12-31 |
| Net incomeNetIncomeLoss | $128M | +6.8% | FY20252025-12-31 |
| Operating cash flowNetCashProvidedByUsedInOperatingActivities | $297M | +34.7% | FY20252025-12-31 |
| Capital expenditurePaymentsToAcquirePropertyPlantAndEquipment | $81.7M | +132.5% | FY20252025-12-31 |
| Total assetsAssets | $2.7B | +11.1% | FY20252025-12-31 |
| Shareholders' equityStockholdersEquity | $1.6B | +14.9% | FY20252025-12-31 |
| CashCashAndCashEquivalentsAtCarryingValue | $446M | +18.5% | FY20252025-12-31 |
| Long-term debtLongTermDebtNoncurrent | $734M | +0.6% | FY20252025-12-31 |
Revenue is total net sales for the fiscal year, taken from each company's own annual filing.
Reported since the last full year
Three-month figures this company has filed since FY2025. A quarter is not comparable with a full year, and these figures are used nowhere else on the site: not in any ranking, not in comparisons, not in the download.
| Quarter | Revenue | Net income | Source |
|---|---|---|---|
| Q1 20262026-03-31 | $382M | $41.0M | Open → |
| Q2 20262026-06-30 | $419M | $38.8M | Open → |
Only periods that end on a calendar quarter appear here. A company whose fiscal year ends in June files on a different calendar, so it has no row.
Where this sits in its sector
Each bar is the spread of the whole sector: the box covers the middle half of companies, the line inside it the median, and the triangle this company. The axis is clipped at the 5th and 95th percentile so a single outlier does not flatten it.
| Where this sits in its sector | FY2025 | Position in sector |
|---|---|---|
| Net marginRank 66 of 161 companies compared | 8.5% | |
| Operating marginRank 73 of 160 companies compared | 12.2% | |
| R&D as share of revenueRank 62 of 102 companies compared | 6.4% | |
| Cash as share of revenueRank 25 of 160 companies compared | 29.4% |
All four are ratios derived from two reported lines, not single filing items. Peer group: companies in the same sector with revenue of $1bn or more; loss-making companies are included.
Profile
- Legal name
- Merit Medical Systems Inc
- Ticker
- MMSI
- Exchange
- Nasdaq
- SIC classification
- Surgical & Medical Instruments & Apparatus (3841)
- Fiscal year end
- 12-31
- CIK
- 0000856982
Filings
- 10-QJul 30, 2026Open filing →
- 10-QApr 30, 2026Open filing →
- 10-KFeb 24, 2026Open filing →
Similar in size, same sector
| Company | Revenue | Net income |
|---|---|---|
| Integra LifesciencesIART | $1.6B | −$517M |
| Lantheus HoldingsLNTH | $1.5B | $234M |
| National HealthcareNHC | $1.5B | $120M |
| Merit Medical SystemsMMSI | $1.5B | $128M |
| Nu Skin EnterprisesNUS | $1.5B | $160M |
| AlkermesALKS | $1.5B | $242M |
| P3 Health PartnersPIII | $1.5B | −$148M |
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Merit Medical Systems — Key figures |url=https://companiesranked.com/en/company/merit-medical-systems |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Merit Medical Systems — Key figures. CompaniesRanked. https://companiesranked.com/en/company/merit-medical-systemsBibTeX
@misc{companiesranked-en-company-merit-medical-systems-2026,
author = {{CompaniesRanked}},
title = {{Merit Medical Systems — Key figures}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/merit-medical-systems}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0000856982-26-000008 · February 24, 2026
{{cite web |title=Merit Medical Systems — Key figures — 10-K (0000856982-26-000008) |url=https://www.sec.gov/Archives/edgar/data/856982/000085698226000008/mmsi-20251231x10k.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-24}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.