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Merit Medical Systems MMSI Single Reportable — Income Tax Expense Benefit

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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$4.01B-34.1%

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:IncomeTaxExpenseBenefit.

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

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Questions, answered.

What is Merit Medical Systems's single reportable — income tax expense benefit?
Merit Medical Systems (MMSI) reported single reportable — income tax expense benefit of $12.55M in Q1 2026.
What does single reportable — income tax expense benefit mean?
This metric represents the provision for income taxes associated with the earnings of the specific business segment. It reflects the tax burden or benefit derived from the segment's jurisdictional operations and tax planning strategies. Investors use this to determine the net contribution of the segment to the company's overall after-tax earnings.