R&D expense · 2011–2025

Merit Medical Systems R&D expense

$97.4M+11.3% · FY2025

Merit Medical Systems (MMSI) reported $97.4M in R&D expense for fiscal 2025, +11.3% year on year.

$21.9M2011$27.8M2012$33.9M2013$36.6M2014$40.8M2015$45.2M2016$51.4M2017$59.5M2018$65.6M2019$57.5M2020$71.2M2021$75.5M2022$82.7M2023$87.5M2024$97.4M2025
Merit Medical Systems — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$97.4M+11.3%Open →
FY20242024-12-31$87.5M+5.7%Open →
FY20232023-12-31$82.7M+9.6%Open →
FY20222022-12-31$75.5M+6.0%Open →
FY20212021-12-31$71.2M+23.8%Open →
FY20202020-12-31$57.5M−12.3%Open →
FY20192019-12-31$65.6M+10.2%Open →
FY20182018-12-31$59.5M+15.8%Open →
FY20172017-12-31$51.4M+13.7%Open →
FY20162016-12-31$45.2M+10.8%Open →
FY20152015-12-31$40.8M+11.4%Open →
FY20142014-12-31$36.6M+8.1%Open →
FY20132013-12-31$33.9M+21.9%Open →
FY20122012-12-31$27.8M+26.7%Open →
FY20112011-12-31$21.9M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +11.2%

R&D expense at companies of similar size

Full ranking by R&D expense →

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 R&D expense |url=https://companiesranked.com/en/company/merit-medical-systems/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Merit Medical Systems R&D expense. CompaniesRanked. https://companiesranked.com/en/company/merit-medical-systems/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-merit-medical-systems-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Merit Medical Systems R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/merit-medical-systems/research-and-development-expense}},
  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 R&D expense — 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.

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