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Merit Medical Systems MMSI Operating Lease Liabilities (Current)

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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$5.32B+6.8%
Enterprise value$5.65B+3.6%
P/E38.2×-3.6×
P/S3.5×0.0×

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:OperatingLeaseLiabilityCurrent.

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
LIABILITIES AND STOCKHOLDERS’ EQUITYMarch 31, 2026December 31, 2025
Current liabilities:
Trade payables$67,853$60,551
Accrued expenses122,515159,486
Short-term operating lease liabilities11,22810,876
Income taxes payable15,2788,851
Total current liabilities216,874239,764
Long-term debt735,160734,038
Deferred income tax liabilities19,66419,665

Item 1. Financial Statements (Unaudited)

FAQ

What is Merit Medical Systems's operating lease liabilities (current)?
Merit Medical Systems (MMSI) reported operating lease liabilities (current) of $11.23M in Q1 2026.
How has Merit Medical Systems's operating lease liabilities (current) changed year-over-year?
Merit Medical Systems's operating lease liabilities (current) increased by 19.0% year-over-year, from $9.44M to $11.23M.
What is the long-term trend for Merit Medical Systems's operating lease liabilities (current)?
Over 5 years (2020 to 2025), Merit Medical Systems's operating lease liabilities (current) has grown at a -3.4% compound annual growth rate (CAGR), from $12.9M to $10.88M.
What does operating lease liabilities (current) mean?
The current portion of operating lease obligations due within one year, representing committed future lease payments under ASC 842.

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