Quick Answer
MERIT MEDICAL SYSTEMS INC reported R&D Expense of $59.53 million for fiscal year 2018.
MERIT MEDICAL SYSTEMS INC R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2018 | $59.53M | +15.8% |
| 2017 | $51.40M | +13.7% |
| 2016 | $45.23M | +10.8% |
| 2015 | $40.81M | +11.4% |
| 2014 | $36.63M | +8.1% |
| 2013 | $33.89M | +21.9% |
| 2012 | $27.80M | +26.7% |
| 2011 | $21.94M | +43.1% |
| 2010 | $15.34M | +37.3% |
| 2009 | $11.17M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| June 30, 2019 | $16.33M | +6.6% | +1.8% |
| March 31, 2019 | $16.04M | +12.0% | +10.5% |
| September 30, 2018 | $14.53M | +13.1% | -5.2% |
| June 30, 2018 | $15.32M | +15.0% | +6.9% |
| March 31, 2018 | $14.32M | +14.3% | +11.6% |
| September 30, 2017 | $12.84M | +12.4% | -3.6% |
| June 30, 2017 | $13.31M | +16.5% | +6.3% |
| March 31, 2017 | $12.53M | +18.3% | +9.6% |
- MERIT MEDICAL SYSTEMS INC showed an increase of +15.8% in R&D Expense compared to the prior fiscal year.
- Over the 2009–2018 period, MERIT MEDICAL SYSTEMS INC’s r&d expense has grown by 433.1% (from $11.17 million to $59.53 million).
- The most recent figure is from MERIT MEDICAL SYSTEMS INC’s fiscal year 2018 report (Form 10-K), filed with the SEC on March 1, 2019.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
Last verified: