Merit Medical Systems (MMSI) Capital Expenditures (2010 - 2026)
Merit Medical Systems (MMSI) reported Capital Expenditures of $17.33 million for Q2 2026, up 26.0% from $13.75 million a year earlier and up 8.3% from the prior quarter.
Merit Medical Systems (MMSI) Capital Expenditures (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Merit Medical Systems' Capital Expenditures came in at $80.24 million, up 68.4% year-over-year; for FY2025, it was $81.72 million, up 132.5% from FY2024.
- Capital Expenditures has a five-year compound annual growth rate of 12.2% (FY2020 to FY2025).
- By year, Capital Expenditures came in at $35.14 million in FY2024 (+2.5%), $34.29 million in FY2023 (-23.8%), $45.03 million in FY2022 (+61.2%) and $27.94 million in FY2021 (-39.2%).
- Five-year quarterly Capital Expenditures spans a low of $3.47 million in Q4 2024 and a high of $24.46 million in Q4 2025.
- Year over year, Capital Expenditures gained in six of the last eight quarters, with growth averaging 101.7%.
- The high point for year-over-year Capital Expenditures in five years was Q4 2025 (growth of 604.6%); the low point was Q4 2024 (a decline of 51.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $16.01 million (Q1 2026), $24.46 million (Q4 2025) and $22.44 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 450.00 Mn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 497.00 Mn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 269.00 Mn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 112.60 Mn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 503.00 Mn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 202.00 Mn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 195.00 Mn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 66.90 Mn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 143.00 Mn |
| 10 | Merit Medical Systems | 5.15 Bn | 3.37 Bn | 215.17 Mn | 17.33 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.33 Mn |
| Mar 31, 2026 | 16.01 Mn |
| Dec 31, 2025 | 24.46 Mn |
| Sep 30, 2025 | 22.44 Mn |
| Jun 30, 2025 | 13.75 Mn |
| Mar 31, 2025 | 21.06 Mn |
| Dec 31, 2024 | 3.47 Mn |
| Sep 30, 2024 | 9.36 Mn |
| Jun 30, 2024 | 10.63 Mn |
| Mar 31, 2024 | 11.68 Mn |
| Dec 31, 2023 | 7.14 Mn |
| Sep 30, 2023 | 8.60 Mn |
| Jun 30, 2023 | 5.77 Mn |
| Mar 31, 2023 | 12.79 Mn |
| Dec 31, 2022 | 12.49 Mn |
| Sep 30, 2022 | 15.78 Mn |
| Jun 30, 2022 | 7.24 Mn |
| Mar 31, 2022 | 9.53 Mn |
| Dec 31, 2021 | 8.33 Mn |
| Sep 30, 2021 | 6.80 Mn |
Merit Medical Systems Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MMSI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "MMSI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MMSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();