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Merit Medical Systems MMSI Accounts Receivable

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Other financials

Income statement

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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

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Market cap$5.24B+5.8%
Enterprise value$5.57B+2.6%
P/E37.6×-4.0×
P/S3.4×-0.1×

Profitability

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

Returns & leverage

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

Where this comes from

Reported directly by Merit Medical Systems in its filing.

Tagged under the XBRL concept us-gaap:AccountsReceivableNetCurrent.

The source filing: Merit Medical Systems’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:23 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000856982-26-000025
ASSETSMarch 31, 2026December 31, 2025
(unaudited)
Current assets:
Cash and cash equivalents$488,080$446,404
Trade receivables — net of allowance for credit losses — 2026 — $10,348 and 2025 — $10,136206,446203,710
Other receivables18,71717,773
Inventories352,386333,705
Prepaid expenses and other current assets29,27431,493
Prepaid income taxes5,0334,941

Item 1. Financial Statements (Unaudited)

FAQ

What is Merit Medical Systems's accounts receivable?
Merit Medical Systems (MMSI) reported accounts receivable of $206.45M in Q1 2026.
How has Merit Medical Systems's accounts receivable changed year-over-year?
Merit Medical Systems's accounts receivable increased by 3.5% year-over-year, from $199.55M to $206.45M.
What is the long-term trend for Merit Medical Systems's accounts receivable?
Over 5 years (2020 to 2025), Merit Medical Systems's accounts receivable has grown at a 6.8% compound annual growth rate (CAGR), from $146.64M to $203.71M.
What does accounts receivable mean?
Amounts owed by customers for goods delivered or services performed, net of allowances for doubtful accounts. A key working capital component.

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