Merit Medical Systems (MMSI) Cash from Operations (2010 - 2026)
Merit Medical Systems (MMSI) reported Cash from Operations of $69.28 million for Q2 2026, down 16.8% from $83.31 million a year earlier but up 70.3% from the prior quarter.
Powered by 
Analysis
Merit Medical Systems (MMSI) Cash from Operations (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Merit Medical Systems' Cash from Operations came in at $283.45 million, up 18.1% year-over-year; for FY2025, it was $297.37 million, up 34.7% from FY2024.
- Cash from Operations has increased for three consecutive years, with a five-year compound annual growth rate of 12.5% (FY2020 to FY2025).
- By year, Cash from Operations came in at $220.8 million in FY2024 (+52.1%), $145.15 million in FY2023 (+27.0%), $114.29 million in FY2022 (-22.4%) and $147.23 million in FY2021 (-10.9%).
- Five-year quarterly Cash from Operations spans a low of $12.01 million in Q1 2022 and a high of $98.51 million in Q4 2025.
- Year over year, Cash from Operations gained in six of the last eight quarters, with growth averaging 15.2%.
- The high point for year-over-year Cash from Operations in five years was Q2 2024 (growth of 296.3%); the low point was Q1 2022 (a decline of 65.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $40.68 million (Q1 2026), $98.51 million (Q4 2025) and $74.98 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 2.13 Bn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 2.49 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 1.53 Bn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 1.06 Bn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 1.79 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 1.26 Bn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 1.47 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 651.90 Mn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 776.00 Mn |
| 10 | Merit Medical Systems | 5.15 Bn | 3.37 Bn | 215.17 Mn | 69.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 69.28 Mn |
| Mar 31, 2026 | 40.68 Mn |
| Dec 31, 2025 | 98.51 Mn |
| Sep 30, 2025 | 74.98 Mn |
| Jun 30, 2025 | 83.31 Mn |
| Mar 31, 2025 | 40.57 Mn |
| Dec 31, 2024 | 68.74 Mn |
| Sep 30, 2024 | 47.33 Mn |
| Jun 30, 2024 | 68.51 Mn |
| Mar 31, 2024 | 36.22 Mn |
| Dec 31, 2023 | 62.25 Mn |
| Sep 30, 2023 | 51.07 Mn |
| Jun 30, 2023 | 17.29 Mn |
| Mar 31, 2023 | 14.55 Mn |
| Dec 31, 2022 | 28.01 Mn |
| Sep 30, 2022 | 35.49 Mn |
| Jun 30, 2022 | 38.78 Mn |
| Mar 31, 2022 | 12.01 Mn |
| Dec 31, 2021 | 45.82 Mn |
| Sep 30, 2021 | 24.98 Mn |
API Access
Merit Medical Systems Cash from Operations 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=cash-from-operations&ticker=MMSI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "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=cash-from-operations&ticker=MMSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();