MERIT MEDICAL SYSTEMS INC Financial Summary

Quick Answer

MERIT MEDICAL SYSTEMS INC reported Total Revenue of $1.52 billion for fiscal year 2025.

MERIT MEDICAL SYSTEMS INC — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $1.52B
+11.8%
$1.36B
+7.9%
$1.26B
+9.2%
$1.15B
+7.1%
$1.07B
+11.5%
$963.88M
-3.1%
Revenue (ASC 606) $1.52B
+11.8%
$1.36B
+7.9%
$1.26B
+9.2%
$1.15B
+7.1%
$1.07B
+11.5%
$963.88M
-3.1%
Net Income $128.49M
+6.8%
$120.36M
+27.5%
$94.41M
+26.7%
$74.52M
+53.8%
$48.45M
+592.3%
-$9.84M
-280.6%
Diluted EPS $2.13
+4.9%
$2.03
+25.3%
$1.62
+25.6%
$1.29
+53.6%
$0.84
+566.7%
-$0.18
-280.0%
Total Assets $2.69B
+11.1%
$2.42B
+4.0%
$2.33B
+39.7%
$1.66B
+1.0%
$1.65B
-1.0%
$1.66B
-5.3%
Cash and Equivalents $446.40M
+18.5%
$376.71M
-35.8%
$587.04M
+905.1%
$58.41M
-13.8%
$67.75M
+19.0%
$56.92M
+28.4%
Long-Term Debt $734.04M
+0.6%
$729.55M
-11.4%
$823.01M
+340.7%
$186.76M
-20.3%
$234.40M
-31.8%
$343.72M
-20.4%
Stockholders Equity $1.58B
+14.9%
$1.38B
+14.8%
$1.20B
+5.0%
$1.14B
+10.1%
$1.04B
+8.5%
$958.58M
+0.9%
R&D Expense
Operating Income $184.72M
+18.6%
$155.69M
+25.6%
$123.94M
+41.5%
$87.56M
+43.7%
$60.92M
+3999.9%
-$1.56M
-110.1%
Gross Profit $738.27M
+14.8%
$643.33M
+10.2%
$583.87M
+12.5%
$519.10M
+7.0%
$485.33M
+21.0%
$401.18M
-7.2%
Shares Outstanding 59.42M
+1.2%
58.74M
+1.5%
57.86M
+1.0%
57.31M
+1.3%
56.57M
+1.7%
55.62M
+0.7%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $384.16M +13.0% +0.4%
Revenue (ASC 606) September 30, 2025 $384.16M +13.0% +0.4%
Net Income September 30, 2025 $27.75M -2.4% -14.8%
Diluted EPS September 30, 2025 $0.46 -4.2% -14.8%
Total Assets September 30, 2025 $2.63B +10.6% +1.7%
Cash and Equivalents September 30, 2025 $392.46M -25.0% +14.8%
Long-Term Debt September 30, 2025 $732.92M -2.3% +0.2%
Stockholders Equity September 30, 2025 $1.53B +15.6% +2.8%
R&D Expense June 30, 2019 $16.33M +6.6% +1.8%
Operating Income September 30, 2025 $42.61M +14.4% -9.1%
Gross Profit September 30, 2025 $186.41M +18.3% +1.0%
Shares Outstanding September 30, 2025 59.29M +1.7% +0.1%
  • MERIT MEDICAL SYSTEMS INC reported Total Revenue of $1.52 billion for fiscal year 2025.
  • MERIT MEDICAL SYSTEMS INC showed an increase of +11.8% in Total Revenue compared to the prior fiscal year.
  • MERIT MEDICAL SYSTEMS INC reported Revenue (ASC 606) of $1.52 billion for fiscal year 2025.
  • MERIT MEDICAL SYSTEMS INC showed an increase of +11.8% in Revenue (ASC 606) compared to the prior fiscal year.
  • MERIT MEDICAL SYSTEMS INC reported Net Income of $128.49 million for fiscal year 2025.
  • MERIT MEDICAL SYSTEMS INC showed an increase of +6.8% in Net Income compared to the prior fiscal year.
  • MERIT MEDICAL SYSTEMS INC reported Diluted EPS of $2.13 per share for fiscal year 2025.
  • MERIT MEDICAL SYSTEMS INC showed an increase of +4.9% in Diluted EPS compared to the prior fiscal year.
  • MERIT MEDICAL SYSTEMS INC reported Total Assets of $2.69 billion for fiscal year 2025.
  • MERIT MEDICAL SYSTEMS INC showed an increase of +11.1% in Total Assets compared to the prior fiscal year.
  • MERIT MEDICAL SYSTEMS INC reported Cash and Equivalents of $446.40 million for fiscal year 2025.
  • MERIT MEDICAL SYSTEMS INC showed an increase of +18.5% in Cash and Equivalents compared to the prior fiscal year.
  • MERIT MEDICAL SYSTEMS INC reported Long-Term Debt of $734.04 million for fiscal year 2025.
  • MERIT MEDICAL SYSTEMS INC showed an increase of +0.6% in Long-Term Debt compared to the prior fiscal year.
  • MERIT MEDICAL SYSTEMS INC reported Stockholders Equity of $1.58 billion for fiscal year 2025.
  • MERIT MEDICAL SYSTEMS INC showed an increase of +14.9% in Stockholders Equity compared to the prior fiscal year.
  • MERIT MEDICAL SYSTEMS INC reported R&D Expense of $59.53 million for fiscal year 2018.
  • MERIT MEDICAL SYSTEMS INC showed an increase of +15.8% in R&D Expense compared to the prior fiscal year.
  • MERIT MEDICAL SYSTEMS INC reported Operating Income of $184.72 million for fiscal year 2025.
  • MERIT MEDICAL SYSTEMS INC showed an increase of +18.6% in Operating Income compared to the prior fiscal year.
  • MERIT MEDICAL SYSTEMS INC reported Gross Profit of $738.27 million for fiscal year 2025.
  • MERIT MEDICAL SYSTEMS INC showed an increase of +14.8% in Gross Profit compared to the prior fiscal year.
  • MERIT MEDICAL SYSTEMS INC reported Shares Outstanding of 59.42 million shares for fiscal year 2025.
  • MERIT MEDICAL SYSTEMS INC showed an increase of +1.2% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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