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MMSI · XBRL financial data

Merit Medical Systems financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

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How these numbers work
  • Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
  • Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
  • * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
  • 0 means a filing states zero; a dash (—) means no filing states that number.
  • “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
  • Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
  • Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
  • Shares outstanding come from each filing's cover page, as of the date printed there.
  • Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

CSV

Fiscal quarters (MMSI's year ends in late December)

In millions of dollarsDec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026Sep 30, 2026
Revenue from contracts with customers325*324338340355*355382384394*382419416
Cost of goods and services sold174*172177182182*183198198199*197204216
Gross profit151*152161158173*172184186195*185215201
Selling, general and administrative96*9495100111*107113120115*118129120
Total operating expenses117*116115120136*131138144141*141155142
Operating income (loss)34*36463737*41474354*446059
Interest expense5*8888*7776*7127
Other income (expense)1*(1)00(0)*(0)(0)(1)(1)*12(1)0
Income tax expense (benefit)4*61085*8111113*131313
Net income (loss)28*28362828*30332838*413942
Earnings per share, basic USD per share0.48*0.490.610.490.48*0.510.550.470.64*0.690.650.71
Earnings per share, diluted USD per share0.47*0.480.610.480.46*0.490.540.460.63*0.680.650.70
Weighted average shares, basic millions of shares58*58585859*59595959*606060
Weighted average shares, diluted millions of shares58*59596061*61616060*606060

Balance sheet

CSV

Fiscal quarters (MMSI's year ends in late December)

In millions of dollarsDec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026Sep 30, 2026
Cash and cash equivalents587582637523377396342392446488449504
Accounts receivable178181182190190200204210204206224222
Inventory304303298311306318323327334352374391
Prepaid and other current assets242426272925303131293335
Total current assets1,1081,1051,1631,0789249599239861,0401,1021,1121,199
Property and equipment, net384384386390386390410418428434437437
Right-of-use asset637370696688898888868484
Goodwill382382381399464464505507507503540537
Total assets2,3252,3262,3722,3782,4192,4682,5862,6312,6862,7192,8642,925
Accrued liabilities120113118127134119140147159123172174
Total current liabilities204183186201216197226230240217265265
Long-term debt823800801751730731732733734735736737
Lease liability, non-current566058575578787877757374
Total liabilities1,1231,0861,0891,0551,0391,0401,0981,1021,1021,0931,1841,180
Retained earnings575603639668696726758786824865904946
Total stockholders' equity1,2021,2401,2821,3231,3791,4281,4881,5291,5841,6271,6801,745
Total liabilities and equity2,3252,3262,3722,3782,4192,4682,5862,6312,6862,7192,8642,925
Common shares outstanding (cover page) millions of shares585858585959595959606060

Cash flows

CSV

Fiscal quarters (MMSI's year ends in late December)

In millions of dollarsDec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026Sep 30, 2026
Net income (loss)28*28362828*30332838*413942
Stock-based compensation6*57*7*10*911*14*10*913*14*
Depreciation and amortization24*24242629*29313132*303132
Net cash from operating activities62*3669*47*69*4183*75*99*4169*65*
Purchases of property and equipment7*1211*9*3*2114*22*24*1617*12*
Net cash from investing activities(8)*(22)(16)*(116)*(214)*(30)(143)*(24)*(50)*8(110)*(22)*
Proceeds from issuing common stock4*83*4*25*137*2*6*32*12*
Net cash from financing activities473*(18)3*(48)*2*74*(0)*5*(6)1*12*
Net change in cash528*(5)55*(113)*(147)*19(54)*51*54*42(39)*55*

Compare with peers

SIC 3841 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen
  • SIC 3841 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
  • Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
  • * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
CompanyCash ($M)Revenue, quarter ($M)Operating cash flow, quarter ($M)Shares outstandingQuarter
Merit Medical Systems50441665*59.9M 10-QSep 30, 2026
GLAUKOS16221139*59.2M 10-QSep 30, 2026
iRhythm Holdings24722451*33.0M 10-QJun 30, 2026
MSA Safety20050395*38.6M 10-QJun 30, 2026
TransMedics Group49119017*34.7M 10-QJun 30, 2026
Globus Medical508790210*134.3M 10-QJun 30, 2026
Integer Holdings1445037*34.0M 10-QOct 2, 2026
Masimo1254044552.4M 10-QApr 4, 2026
Inspire Medical Systems19120746*29.0M 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.