MERIT MEDICAL SYSTEMS INC (MMSI)
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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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
Revenue & profit trend
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)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $3.8B
- P/E ratio
- 34.9
- EPS (diluted)
- $2.13
- Shares outstanding
- 51.8M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- May 10, 1990
Merit Medical Systems Inc (MMSI) Stock Price
- 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 23% below its 52-week high.
- Valued at a price-to-earnings (P/E) ratio of 34.9.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about MERIT MEDICAL SYSTEMS INC
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Merit Medical Systems Inc: frequently asked questions
Is Merit Medical Systems Inc an American company?
Merit Medical Systems Inc is a US-based company headquartered in South Jordan, Utah, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Where is Merit Medical Systems Inc headquartered?
Merit Medical Systems Inc is headquartered in South Jordan, Utah, United States.
Is Merit Medical Systems Inc publicly traded?
Yes — Merit Medical Systems Inc is a publicly traded company. Its stock trades under the ticker symbol MMSI on the NASDAQ.
What does Merit Medical Systems Inc do?
Merit Medical Systems Inc is an American Medical Devices company in the Health & Beauty sector.
