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Merit Medical Systems MMSI Q1 2026 earnings

Reported April 30, 2026 · After market close

Revenue$381.9MBeat by $4.3M
EPS$0.94Beat by $0.10
Revenue estimate$377.6M
EPS estimate$0.84

Next report

Jul 30, 2026 (Today)
Revenue estimate$405.2M
EPS estimate$0.96

Financials

Q1 2026

Income statement

See full
Revenue$381.9M+7.5%
Gross profit$184.8M+7.4%
Operating income$44.2M+7.6%
Net income$41.0M+36.0%
EPS (diluted)$0.68+38.8%

Balance sheet

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Cash & equivalents$488.1M+23.4%
Total debt$821.6M+0.5%
Total equity$1.6B+13.9%
Total assets$2.7B+10.2%

Cash flow

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Operating cash flow$40.7M+0.3%
CapEx$16.0M-24.0%
Free cash flow$24.7M+26.5%

Valuation & ratios

Valuation

as of 07/28/26
See full
Market cap$4.54B-9.1%
Enterprise value$4.87B-10.9%
P/E32.6×-9.3×
P/S2.9×-0.5×

Profitability

See full
Gross margin48.7%+0.9pp
Operating margin12.2%+0.6pp
Net margin9%+0.2pp
FCF margin14.3%+1.3pp

Returns & leverage

See full
Return on equity9.1%0.0pp
Debt / equity0.5×-0.1×
Current ratio5.1×+0.2×

Segments

By product

See full
Foundational$255.5M—
Therapeutic$126.4M—

By segment

See full
Single Reportable$381.9M—

Versus estimates

Revenue

Q1 2026$381.9MBeat by $4.3M
Q4 2025$393.9MBeat by $4.0MQ3 2025$384.2MMiss by $4.1MQ2 2025$382.5MBeat by $11.0MQ1 2025$355.4MBeat by $2.8MQ4 2024$355.2MBeat by $3.6M

Diluted EPS

Q1 2026$0.94Beat by $0.10
Q4 2025$1.04Beat by $0.08Q3 2025$0.92Beat by $0.10Q2 2025$1.01Beat by $0.15Q1 2025$0.86Beat by $0.11Q4 2024$0.93Beat by $0.11

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Questions, answered.

When did Merit Medical Systems report Q1 2026 earnings?
Merit Medical Systems (MMSI) reported Q1 2026 earnings on April 30, 2026 after market close.
What were Merit Medical Systems's Q1 2026 revenue and EPS?
Merit Medical Systems reported revenue of $381.9M and eps of $0.94 for Q1 2026.
Did Merit Medical Systems beat estimates in Q1 2026?
Revenue beat the consensus estimate of $377.6M by $4.3M. EPS beat the consensus estimate of $0.84 by $0.10.
How did Merit Medical Systems's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 7.5% from $355.4M a year earlier and eps grew 9.3% from $0.86.
Where can I find Merit Medical Systems's Q1 2026 SEC filings?
You can read the 8-K earnings release (0000856982-26-000023) and the 10-Q periodic report (0000856982-26-000025) directly on SEC EDGAR. The filing index links above go to sec.gov.