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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Domestic$226,516$213,564
International155,361141,787
Total$381,877$355,351

Item 1. Financial Statements (Unaudited)

FAQ

What is Merit Medical Systems's US — revenue?
Merit Medical Systems (MMSI) reported US — revenue of $226.52M in Q1 2026.
How has Merit Medical Systems's US — revenue changed year-over-year?
Merit Medical Systems's US — revenue increased by 6.1% year-over-year, from $213.56M to $226.52M.
What is the long-term trend for Merit Medical Systems's US — revenue?
Over 4 years (2021 to 2025), Merit Medical Systems's US — revenue has grown at a 10.6% compound annual growth rate (CAGR), from $608.88M to $909.47M.
What does US — revenue mean?
This metric represents the total net sales generated from customers within the United States geographic region, excluding any collected sales taxes. It serves as a primary indicator of the company's market penetration and demand for its medical devices and procedural products in its largest domestic market. Monitoring this figure helps investors assess the growth trajectory and commercial success of the company's core operations in the U.S.

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