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Merit Medical Systems MMSI SG&A

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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:SellingGeneralAndAdministrativeExpense.

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 SG&A?
Merit Medical Systems (MMSI) reported SG&A of $118.21M in Q1 2026.
How has Merit Medical Systems's SG&A changed year-over-year?
Merit Medical Systems's SG&A increased by 10.0% year-over-year, from $107.49M to $118.21M.
What is the long-term trend for Merit Medical Systems's SG&A?
Over 4 years (2021 to 2025), Merit Medical Systems's SG&A has grown at a 7.9% compound annual growth rate (CAGR), from $335.69M to $455.21M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.