MMSI
Merit Medical Systems, Inc.
NASDAQ · USHealthcareMedical - Instruments & Supplies
$75.17+1.59%
Price as of Jul 20, 2026
MMSI financials
Merit Medical Systems, Inc. financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $1.5B | $1.4B | $1.3B | $1.2B |
| Cost of revenue | $777.8M | $713.2M | $673.5M | $631.9M |
| Gross profit | $736.9M | $643.3M | $583.9M | $519.1M |
| Operating expenses | $552.6M | $487.6M | $458.7M | $431.5M |
| Operating income | $184.4M | $155.7M | $123.9M | $87.6M |
| Net income | $128.5M | $120.4M | $94.4M | $74.5M |
| EBITDA | $332.0M | $274.0M | $228.9M | $181.2M |
| Basic EPS | $2.17 | $2.07 | $1.64 | $1.31 |
| Diluted EPS | $2.13 | $2.03 | $1.62 | $1.29 |
| Balance sheet | ||||
| Cash & equivalents | $448.5M | $376.7M | $587.0M | $58.4M |
| Total assets | $2.7B | $2.4B | $2.3B | $1.7B |
| Total liabilities | $1.1B | $1.0B | $1.1B | $519.6M |
| Stockholders’ equity | $1.6B | $1.4B | $1.2B | $1.1B |
| Total debt | $898.2M | $794.7M | $891.4M | $279.8M |
| Net debt | $449.7M | $417.9M | $304.3M | $221.3M |
| Cash flow | ||||
| Operating cash flow | $297.4M | $220.8M | $145.2M | $114.3M |
| Capital expenditure | -$84.8M | -$38.0M | -$36.7M | -$45.0M |
| Free cash flow | $212.5M | $182.8M | $108.5M | $69.3M |
| Dividends paid | $0.00 | $0.00 | $0.00 | $0.00 |
| Share repurchases | $0.00 | $0.00 | $0.00 | $0.00 |