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Side-by-side financial comparison of MERIT MEDICAL SYSTEMS INC (MMSI) and Ollie's Bargain Outlet Holdings, Inc. (OLLI). Click either name above to swap in a different company.

Ollie's Bargain Outlet Holdings, Inc. is the larger business by last-quarter revenue ($613.6M vs $393.9M, roughly 1.6× MERIT MEDICAL SYSTEMS INC). MERIT MEDICAL SYSTEMS INC runs the higher net margin — 9.6% vs 7.5%, a 2.1% gap on every dollar of revenue. On growth, Ollie's Bargain Outlet Holdings, Inc. posted the faster year-over-year revenue change (18.6% vs 10.9%). MERIT MEDICAL SYSTEMS INC produced more free cash flow last quarter ($74.0M vs $-26.0M). Over the past eight quarters, MERIT MEDICAL SYSTEMS INC's revenue compounded faster (10.3% CAGR vs -2.8%).

Merit Medical Systems Inc. is a global medical device firm that designs, manufactures, and markets a broad portfolio of interventional and diagnostic products used across cardiology, radiology, oncology, endoscopy, and critical care segments. It primarily serves hospitals, clinics, and healthcare providers worldwide, focusing on minimally invasive solutions that enhance patient outcomes and streamline clinical workflows.

Ollie's Bargain Outlet is an American discount store chain. It was founded in Mechanicsburg, Pennsylvania, in 1982 by Morton Bernstein, Mark Butler, Harry Coverman, and Oliver "Ollie" Rosenberg, the company's namesake. As of September 2025, the chain has 618 locations in 34 states. Its selection of merchandise comprises a variety of discounted items, mostly overstock or closeout merchandise that is purchased in bulk from other retailers and sold at discounted prices. Ollie's Bargain Outlet st...

MMSI vs OLLI — Head-to-Head

Bigger by revenue
OLLI
OLLI
1.6× larger
OLLI
$613.6M
$393.9M
MMSI
Growing faster (revenue YoY)
OLLI
OLLI
+7.7% gap
OLLI
18.6%
10.9%
MMSI
Higher net margin
MMSI
MMSI
2.1% more per $
MMSI
9.6%
7.5%
OLLI
More free cash flow
MMSI
MMSI
$100.0M more FCF
MMSI
$74.0M
$-26.0M
OLLI
Faster 2-yr revenue CAGR
MMSI
MMSI
Annualised
MMSI
10.3%
-2.8%
OLLI

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
MMSI
MMSI
OLLI
OLLI
Revenue
$393.9M
$613.6M
Net Profit
$38.0M
$46.2M
Gross Margin
49.6%
41.3%
Operating Margin
13.8%
9.0%
Net Margin
9.6%
7.5%
Revenue YoY
10.9%
18.6%
Net Profit YoY
36.0%
28.7%
EPS (diluted)
$0.64
$0.75

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MMSI
MMSI
OLLI
OLLI
Q4 25
$393.9M
$613.6M
Q3 25
$384.2M
$679.6M
Q2 25
$382.5M
$576.8M
Q1 25
$355.4M
$667.1M
Q4 24
$355.2M
$517.4M
Q3 24
$339.8M
$578.4M
Q2 24
$338.0M
$508.8M
Q1 24
$323.5M
$648.9M
Net Profit
MMSI
MMSI
OLLI
OLLI
Q4 25
$38.0M
$46.2M
Q3 25
$27.8M
$61.3M
Q2 25
$32.6M
$47.6M
Q1 25
$30.1M
$68.6M
Q4 24
$27.9M
$35.9M
Q3 24
$28.4M
$49.0M
Q2 24
$35.7M
$46.3M
Q1 24
$28.2M
$76.5M
Gross Margin
MMSI
MMSI
OLLI
OLLI
Q4 25
49.6%
41.3%
Q3 25
48.5%
39.9%
Q2 25
48.2%
41.1%
Q1 25
48.4%
40.7%
Q4 24
48.7%
41.4%
Q3 24
46.4%
37.9%
Q2 24
47.7%
41.1%
Q1 24
46.9%
40.5%
Operating Margin
MMSI
MMSI
OLLI
OLLI
Q4 25
13.8%
9.0%
Q3 25
11.1%
11.3%
Q2 25
12.3%
9.7%
Q1 25
11.5%
13.2%
Q4 24
10.3%
8.6%
Q3 24
11.0%
10.5%
Q2 24
13.6%
11.1%
Q1 24
11.1%
15.0%
Net Margin
MMSI
MMSI
OLLI
OLLI
Q4 25
9.6%
7.5%
Q3 25
7.2%
9.0%
Q2 25
8.5%
8.2%
Q1 25
8.5%
10.3%
Q4 24
7.9%
6.9%
Q3 24
8.4%
8.5%
Q2 24
10.6%
9.1%
Q1 24
8.7%
11.8%
EPS (diluted)
MMSI
MMSI
OLLI
OLLI
Q4 25
$0.64
$0.75
Q3 25
$0.46
$0.99
Q2 25
$0.54
$0.77
Q1 25
$0.49
$1.11
Q4 24
$0.46
$0.58
Q3 24
$0.48
$0.79
Q2 24
$0.61
$0.75
Q1 24
$0.48
$1.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MMSI
MMSI
OLLI
OLLI
Cash + ST InvestmentsLiquidity on hand
$446.4M
$144.7M
Total DebtLower is stronger
$734.0M
$1.1M
Stockholders' EquityBook value
$1.6B
$1.8B
Total Assets
$2.7B
$2.9B
Debt / EquityLower = less leverage
0.46×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MMSI
MMSI
OLLI
OLLI
Q4 25
$446.4M
$144.7M
Q3 25
$392.5M
$231.2M
Q2 25
$341.8M
$199.0M
Q1 25
$395.5M
$205.1M
Q4 24
$376.7M
$128.7M
Q3 24
$523.1M
$170.6M
Q2 24
$636.7M
$212.3M
Q1 24
$581.9M
$266.3M
Total Debt
MMSI
MMSI
OLLI
OLLI
Q4 25
$734.0M
$1.1M
Q3 25
$732.9M
$912.0K
Q2 25
$731.8M
$925.0K
Q1 25
$730.7M
$1.0M
Q4 24
$729.6M
$1.0M
Q3 24
$750.5M
$984.0K
Q2 24
$801.3M
$1.1M
Q1 24
$800.1M
$1.0M
Stockholders' Equity
MMSI
MMSI
OLLI
OLLI
Q4 25
$1.6B
$1.8B
Q3 25
$1.5B
$1.8B
Q2 25
$1.5B
$1.7B
Q1 25
$1.4B
$1.7B
Q4 24
$1.4B
$1.6B
Q3 24
$1.3B
$1.6B
Q2 24
$1.3B
$1.5B
Q1 24
$1.2B
$1.5B
Total Assets
MMSI
MMSI
OLLI
OLLI
Q4 25
$2.7B
$2.9B
Q3 25
$2.6B
$2.8B
Q2 25
$2.6B
$2.7B
Q1 25
$2.5B
$2.6B
Q4 24
$2.4B
$2.5B
Q3 24
$2.4B
$2.4B
Q2 24
$2.4B
$2.3B
Q1 24
$2.3B
$2.3B
Debt / Equity
MMSI
MMSI
OLLI
OLLI
Q4 25
0.46×
0.00×
Q3 25
0.48×
0.00×
Q2 25
0.49×
0.00×
Q1 25
0.51×
0.00×
Q4 24
0.53×
0.00×
Q3 24
0.57×
0.00×
Q2 24
0.62×
0.00×
Q1 24
0.65×
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MMSI
MMSI
OLLI
OLLI
Operating Cash FlowLast quarter
$98.5M
$4.8M
Free Cash FlowOCF − Capex
$74.0M
$-26.0M
FCF MarginFCF / Revenue
18.8%
-4.2%
Capex IntensityCapex / Revenue
6.2%
5.0%
Cash ConversionOCF / Net Profit
2.59×
0.10×
TTM Free Cash FlowTrailing 4 quarters
$215.7M
$153.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MMSI
MMSI
OLLI
OLLI
Q4 25
$98.5M
$4.8M
Q3 25
$75.0M
$80.7M
Q2 25
$83.3M
$28.7M
Q1 25
$40.6M
$147.8M
Q4 24
$68.7M
$-4.4M
Q3 24
$47.3M
$43.9M
Q2 24
$68.5M
$40.2M
Q1 24
$36.2M
$143.6M
Free Cash Flow
MMSI
MMSI
OLLI
OLLI
Q4 25
$74.0M
$-26.0M
Q3 25
$52.5M
$54.3M
Q2 25
$69.6M
$2.0M
Q1 25
$19.5M
$123.4M
Q4 24
$65.3M
$-35.4M
Q3 24
$38.0M
$5.6M
Q2 24
$57.9M
$13.3M
Q1 24
$24.5M
$100.6M
FCF Margin
MMSI
MMSI
OLLI
OLLI
Q4 25
18.8%
-4.2%
Q3 25
13.7%
8.0%
Q2 25
18.2%
0.3%
Q1 25
5.5%
18.5%
Q4 24
18.4%
-6.8%
Q3 24
11.2%
1.0%
Q2 24
17.1%
2.6%
Q1 24
7.6%
15.5%
Capex Intensity
MMSI
MMSI
OLLI
OLLI
Q4 25
6.2%
5.0%
Q3 25
5.8%
3.9%
Q2 25
3.6%
4.6%
Q1 25
5.9%
3.7%
Q4 24
1.0%
6.0%
Q3 24
2.8%
6.6%
Q2 24
3.1%
5.3%
Q1 24
3.6%
6.6%
Cash Conversion
MMSI
MMSI
OLLI
OLLI
Q4 25
2.59×
0.10×
Q3 25
2.70×
1.32×
Q2 25
2.56×
0.60×
Q1 25
1.35×
2.16×
Q4 24
2.46×
-0.12×
Q3 24
1.66×
0.90×
Q2 24
1.92×
0.87×
Q1 24
1.28×
1.88×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MMSI
MMSI

Other$154.6M39%
Peripheral Intervention$93.2M24%
Cardiac Intervention$50.2M13%
OEM$42.6M11%
Custom Procedural Solutions$33.1M8%
Endoscopy Segment$20.1M5%

OLLI
OLLI

Segment breakdown not available.

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