MERIT MEDICAL SYSTEMS INCMMSIEarnings & Financial Report
Nasdaq
NextApr 14, 2026
MMSI Q3 2025 Key Financial Metrics
Revenue
$384.2M
Gross Profit
$186.4M
Operating Profit
$42.6M
Net Profit
$27.8M
Gross Margin
48.5%
Operating Margin
11.1%
Net Margin
7.2%
YoY Growth
13.0%
EPS
$0.46
Financial Flow
MERIT MEDICAL SYSTEMS INC Q3 2025 Financial Summary
MERIT MEDICAL SYSTEMS INC reported revenue of $384.2M for Q3 2025, with a net profit of $27.8M (7.2% margin). Cost of goods sold was $197.7M, operating expenses totaled $143.8M.
Key Financial Metrics
| Total Revenue | $384.2M |
|---|---|
| Net Profit | $27.8M |
| Gross Margin | 48.5% |
| Operating Margin | 11.1% |
| Report Period | Q3 2025 |
MERIT MEDICAL SYSTEMS INC Annual Revenue by Year
MERIT MEDICAL SYSTEMS INC annual revenue history includes year-by-year totals (for example, 2024 revenue was $1.4B).
| Year | Annual Revenue |
|---|---|
| 2024 | $1.4B |
| 2023 | $1.3B |
| 2022 | $1.2B |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $324.5M | $323.5M | $338.0M | $339.8M | $355.2M | $355.4M | $382.5M | $384.2M |
| YoY Growth | 10.6% | 8.7% | 5.6% | 7.8% | 9.4% | 9.8% | 13.2% | 13.0% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.33B | $2.33B | $2.37B | $2.38B | $2.42B | $2.47B | $2.59B | $2.63B |
| Liabilities | $1.12B | $1.09B | $1.09B | $1.05B | $1.04B | $1.04B | $1.10B | $1.10B |
| Equity | $1.20B | $1.24B | $1.28B | $1.32B | $1.38B | $1.43B | $1.49B | $1.53B |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $62.3M | $36.2M | $68.5M | $47.3M | $68.7M | $40.6M | $83.3M | $75.0M |