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

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Total revenue	$1.54B+1.7%	$1.52B+2.6%	$1.48B+3.1%	$1.43B+3.2%	$1.39B+2.3%
Total cost of revenue	$791.39M+1.8%	$777.64M+2.2%	$761.23M+2.1%	$745.79M+2.9%	$724.72M+1.6%
Gross profit	$751.05M+1.7%	$738.27M+3.1%	$715.9M+4.2%	$687.03M+3.5%	$663.64M+3.2%
Gross margin	48.7%0.0pp	48.7%+0.2pp	48.5%+0.5pp	47.9%+0.1pp	47.8%+0.4pp
Research and development	$97.48M+0.1%	$97.35M+1.4%	$96.01M+3.7%	$92.57M+4.6%	$88.46M+1.1%
Selling, general and administrative	$465.94M+2.4%	$455.21M+0.8%	$451.46M+4.7%	$431.3M+4.5%	$412.79M+3.3%
Total operating expenses	$563.2M+1.7%	$553.55M+0.9%	$548.81M+4.5%	$525.29M+4.5%	$502.83M+3.1%
Operating income	$187.84M+1.7%	$184.72M+10.6%	$167.09M+3.3%	$161.74M+0.6%	$160.8M+3.3%
Operating margin	12.2%0.0pp	12.2%+0.9pp	11.3%0.0pp	11.3%-0.3pp	11.6%+0.1pp
Interest expense	$26.42M-0.2%	$26.46M-5.8%	$28.09M-2.6%	$28.84M-3.0%	$29.74M-4.7%
Other income (expense), net	-$1.32M+90.4%	-$13.78M+2.0%	-$14.07M-32.7%	-$10.6M-47.2%	-$7.2M-26.3%
Income before income taxes	$186.53M+9.1%	$170.94M+11.7%	$153.02M+1.2%	$151.14M-1.6%	$153.6M+2.4%
Income tax expense	$47.19M+11.2%	$42.45M+22.7%	$34.59M+8.0%	$32.02M+2.2%	$31.34M+5.7%
Net income	$139.34M+8.4%	$128.49M+8.5%	$118.43M-0.6%	$119.12M-2.6%	$122.26M+1.6%
Net margin	9%+0.6pp	8.5%+0.5pp	8%-0.3pp	8.3%-0.5pp	8.8%-0.1pp
Diluted earnings per share	$2.32+8.9%	$2.13+9.2%	$1.95-1.0%	$1.97-3.4%	$2.04+0.5%
EBITDA	$312.22M+1.4%	$307.89M+7.2%	$287.33M+3.7%	$277.07M+2.9%	$269.21M+4.2%
EBITDA margin	20.2%-0.1pp	20.3%+0.9pp	19.5%+0.1pp	19.3%-0.1pp	19.4%+0.3pp
EBIT	$187.84M+1.7%	$184.72M+10.6%	$167.09M+3.3%	$161.74M+0.6%	$160.8M+3.3%

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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.