What is Merit Medical Systems's income tax?

Merit Medical Systems (MMSI) reported income tax of $12.55M in Q1 2026.

How has Merit Medical Systems's income tax changed year-over-year?

Merit Medical Systems's income tax increased by 60.7% year-over-year, from $7.81M to $12.55M.

What is the long-term trend for Merit Medical Systems's income tax?

Over 3 years (2021 to 2025), Merit Medical Systems's income tax has grown at a 93.1% compound annual growth rate (CAGR), from $5.9M to $42.45M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Merit Medical Systems MMSI Income Tax

Income Tax at other companies

AbbottABT

$372M-17.9%

Becton, Dickinson and CompanyBDX

$76M+76.7%

TFX

TeleflexTFX

$1.01M-84.2%

Johnson & JohnsonJNJ

$755M-71.3%

StrykerSYK

$105M-4.5%

Boston ScientificBSX

-$176M-232%

Segments

By segment

See full

Single Reportable$12.55M+60.7%

Other financials

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

See full

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

See full

Operating cash flow$40.7M+0.3%

CapEx$16.0M-24.0%

Free cash flow$24.7M+26.5%

Valuation

See full

Market cap$4.01B-34.1%

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×

Where this comes from

Reported directly by Merit Medical Systems in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Merit Medical Systems’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

Ask your AI about Merit Medical Systems's income tax.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Merit Medical Systems's income tax?: Merit Medical Systems (MMSI) reported income tax of $12.55M in Q1 2026.
How has Merit Medical Systems's income tax changed year-over-year?: Merit Medical Systems's income tax increased by 60.7% year-over-year, from $7.81M to $12.55M.
What is the long-term trend for Merit Medical Systems's income tax?: Over 3 years (2021 to 2025), Merit Medical Systems's income tax has grown at a 93.1% compound annual growth rate (CAGR), from $5.9M to $42.45M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.