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Where this comes from
Reported directly by Merit Medical Systems in its filing.
Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.
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 item | Three Months Ended / March 31, 2026 | Three Months Ended / March 31, 2025 |
|---|---|---|
| Cost of sales | 197,080 | 183,331 |
| Gross profit | 184,797 | 172,020 |
| Operating expenses: | ||
| Selling, general and administrative | 118,210 | 107,486 |
| Research and development | 22,609 | 22,478 |
| Contingent consideration (benefit) expense | (179) | 1,023 |
| Total operating expenses | 140,640 | 130,987 |
| Income from operations | 44,157 | 41,033 |
Item 1. Financial Statements (Unaudited)
FAQ
- 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.
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