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MERIT MEDICAL SYSTEMS INC

$66.03 +2.40% NASDAQ: MMSI · 15-min delayed

SOUTH JORDAN, Utah
Public · NASDAQ: MMSI
7,500 employees

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$3.8BMarket cap

$1.5BRevenue · FY2025

$128.5MNet income

7,500Employees

MMSINASDAQ

1990IPO

About MERIT MEDICAL SYSTEMS INC

Merit Medical Systems Inc is a medical equipment company that develops and manufactures products for interventional cardiology, radiology, and endoscopy procedures. The firm reports two segments which are Cardiovascular and Endoscopy. The majority of the revenue is earned from the Cardiovascular segment which consists of cardiology and radiology medical device products that assist in diagnosing and treating coronary artery disease, peripheral vascular disease, and other non-vascular diseases and includes embolotherapeutic, cardiac rhythm management, electrophysiology, critical care, and interventional oncology and spine devices.

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Company facts

Type: Public · NASDAQ: MMSI
Employees: 7,500
IPO date: May 10, 1990
Headquarters: 1600 WEST MERIT PARK WAY
SOUTH JORDAN, Utah 84095
Phone: (801) 253-1600
Industry: Medical Devices
Website: Visit site

Registry IDs

Ticker: MMSI Nasdaq
SEC CIK: 856982
LEI: 549300OYTY138SP2CE83
EIN: 870447695
SIC: 3841 SURGICAL & MEDICAL INSTRUMENTS & APPARATUS

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Reported figures

Financial summary

Revenue FY2025: $1.5B
Net income: $128.5M
Total assets: $2.7B
Market cap: $3.8B
Gross margin: 48.7%
Operating margin: 12.2%
Net margin: 8.5%

Source: SEC EDGAR · updated Jun 7, 2026

Multi-year

Revenue & profit trend

FY2021

FY2022

FY2023

FY2024

FY2025

Revenue Net income

FY 2025

Financial statements

Income statement

Revenue: $1.5B
Cost of revenue: $777.6M
Gross profit: $738.3M
Operating expenses: $553.5M
Operating income: $184.7M
Income tax: $42.4M
Net income: $128.5M
EPS (basic): $2.17
EPS (diluted): $2.13

Balance sheet

Total assets: $2.7B
Current assets: $1.0B
Total liabilities: $1.1B
Current liabilities: $239.8M
Shareholders’ equity: $1.6B

Cash flow

Operating cash flow: $297.4M
Investing cash flow: -$247.4M
Financing cash flow: $16.0M
Net cash flow: $66.0M

Statements via Polygon.io (SEC filings)

NASDAQ: MMSI

$66.03 +2.40%

15-minute delayed · data by Polygon.io

Past year

$60.31 $98.83

52-week range

Market cap: $3.8B
P/E ratio: 31.0
EPS (diluted): $2.13
Shares outstanding: 58.3M
Open: —
Day range: –
Prev close: —
Volume: —
IPO date: May 10, 1990

Market data by Polygon.io · prices are 15-minute delayed

Auto-generated

At a glance

Profitable — net income of $128.5M in FY2025.
Revenue grew 41% from FY2021 to FY2025.
Gross margin of 48.7%, net margin 8.5%.
Trading 33% below its 52-week high.
Valued at a price-to-earnings (P/E) ratio of 31.0.

Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.