What are Merit Medical Systems's profit margins?

Gross margin is 48.7% and operating margin is 12.2%, with a 9.0% net margin.

Where does Merit Medical Systems's income statement data come from?

Every line is extracted from Merit Medical Systems's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Merit Medical Systems MMSI Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Total revenue	$381.88M-3.1%	$393.94M+2.5%	$384.16M+0.4%	$382.46M+7.6%	$355.35M+0.1%
Total cost of revenue	$197.08M-0.8%	$198.58M+0.4%	$197.75M-0.1%	$197.98M+8.0%	$183.33M+0.6%
Gross profit	$184.8M-5.4%	$195.35M+4.8%	$186.41M+1.0%	$184.49M+7.2%	$172.02M-0.6%
Gross margin	48.4%-1.2pp	49.6%+1.1pp	48.5%+0.3pp	48.2%-0.2pp	48.4%-0.3pp
Research and development	$22.61M-14.8%	$26.54M+10.7%	$23.97M-1.6%	$24.37M+8.4%	$22.48M-10.8%
Selling, general and administrative	$118.21M+2.9%	$114.83M-4.1%	$119.8M+5.9%	$113.1M+5.2%	$107.49M-3.2%
Total operating expenses	$140.64M-0.4%	$141.16M-1.8%	$143.8M+4.5%	$137.61M+5.1%	$130.99M-4.0%
Operating income	$44.16M-18.5%	$54.2M+27.2%	$42.61M-9.1%	$46.88M+14.2%	$41.03M+12.2%
Operating margin	11.6%-2.2pp	13.8%+2.7pp	11.1%-1.2pp	12.3%+0.7pp	11.5%+1.3pp
Interest expense	$6.53M+2.5%	$6.36M-5.8%	$6.75M-0.3%	$6.78M+3.2%	$6.57M-17.8%
Other income (expense), net	$9.39M+399%	-$3.14M+23.0%	-$4.07M-16.3%	-$3.5M-13.9%	-$3.08M+10.1%
Income before income taxes	$53.55M+4.9%	$51.06M+32.5%	$38.54M-11.2%	$43.38M+14.3%	$37.96M+14.5%
Income tax expense	$12.55M-3.9%	$13.05M+21.0%	$10.79M-0.1%	$10.8M+38.2%	$7.81M+50.3%
Net income	$41M+7.9%	$38.01M+36.9%	$27.76M-14.8%	$32.58M+8.1%	$30.15M+7.9%
Net margin	10.7%+1.1pp	9.6%+2.4pp	7.2%-1.3pp	8.5%0.0pp	8.5%+0.6pp
Diluted earnings per share	$0.68+6.3%	$0.64+39.1%	$0.46-14.8%	$0.54+10.2%	$0.49+6.5%
EBITDA	$74.65M-12.9%	$85.73M+16.0%	$73.93M-5.1%	$77.9M+10.8%	$70.33M+7.9%
EBITDA margin	19.5%-2.2pp	21.8%+2.5pp	19.2%-1.1pp	20.4%+0.6pp	19.8%+1.4pp
EBIT	$44.16M-18.5%	$54.2M+27.2%	$42.61M-9.1%	$46.88M+14.2%	$41.03M+12.2%

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Questions, answered.

What are Merit Medical Systems's profit margins?: Gross margin is 48.7% and operating margin is 12.2%, with a 9.0% net margin.
Where does Merit Medical Systems's income statement data come from?: Every line is extracted from Merit Medical Systems's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.