Merit Medical Systems (MMSI) Change in Inventory (2010 - 2026)
Merit Medical Systems recorded quarterly Change in Inventory of $22.7 million in Q1 2026, up 246.99% quarter-over-quarter from $6.5 million in Q4 2025, and up 113.75% year-over-year from $10.6 million in Q1 2025.
Merit Medical Systems' Change in Inventory history runs 17 years deep, the most recent figure standing at $22.7 million for Q1 2026.
- In Q1 2026, Change in Inventory rose 113.75% year-over-year to $22.7 million; the TTM figure through Mar 2026 stood at $33.7 million (up 169.18% YoY), while the FY2025 annual figure was $21.6 million, up 844.56% from the prior year.
- Change in Inventory came in at $22.7 million for Q1 2026 at Merit Medical Systems, up from $6.5 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $23.0 million in Q1 2023 to a low of -$3.5 million in Q2 2024.
- A 5-year average of $7.4 million and a median of $6.0 million in 2024 frame the typical range for Change in Inventory.
- Across the five-year window, Change in Inventory tumbled 127.95% in 2024 and surged 2674.61% in 2025, its largest moves.
- Merit Medical Systems' Change in Inventory stood at $17.2 million in 2022, then sank by 113.5% to -$2.3 million in 2023, then surged by 76.0% to -$557000.0 in 2024, then surged by 1272.17% to $6.5 million in 2025, then soared by 246.99% to $22.7 million in 2026.
- According to Business Quant data, Change in Inventory over the past three periods registered $22.7 million, $6.5 million, and $3.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 266.60 Mn |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | - |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | -12.48 Mn |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | - |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 32.00 Mn |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | - |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | -9.35 Mn |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 95.00 Mn |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 16.94 Mn |
| 10 | Merit Medical Systems | 3.79 Bn | 3.30 Bn | 184.80 Mn | 22.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.66 Mn |
| Mar 31, 2026 | 22.66 Mn |
| Dec 31, 2025 | 6.53 Mn |
| Dec 31, 2025 | 6.53 Mn |
| Sep 30, 2025 | 3.35 Mn |
| Sep 30, 2025 | 3.35 Mn |
| Jun 30, 2025 | 1.12 Mn |
| Jun 30, 2025 | 1.12 Mn |
| Mar 31, 2025 | 10.60 Mn |
| Mar 31, 2025 | 10.60 Mn |
| Dec 31, 2024 | -557,000.00 |
| Dec 31, 2024 | -557,000.00 |
| Sep 30, 2024 | 5.96 Mn |
| Sep 30, 2024 | 5.96 Mn |
| Jun 30, 2024 | -3.50 Mn |
| Jun 30, 2024 | -3.50 Mn |
| Mar 31, 2024 | 382,000.00 |
| Mar 31, 2024 | 382,000.00 |
| Dec 31, 2023 | -2.32 Mn |
| Dec 31, 2023 | -2.32 Mn |
| Sep 30, 2023 | -1.08 Mn |
| Sep 30, 2023 | -1.08 Mn |
| Jun 30, 2023 | 12.53 Mn |
| Jun 30, 2023 | 12.53 Mn |
| Mar 31, 2023 | 22.97 Mn |
| Mar 31, 2023 | 22.97 Mn |
| Dec 31, 2022 | 17.19 Mn |
| Dec 31, 2022 | 17.19 Mn |
| Sep 30, 2022 | 15.97 Mn |
| Sep 30, 2022 | 15.97 Mn |
| Jun 30, 2022 | 5.59 Mn |
| Jun 30, 2022 | 5.59 Mn |
| Mar 31, 2022 | 9.18 Mn |
| Mar 31, 2022 | 9.18 Mn |
| Dec 31, 2021 | 14.00 Mn |
| Dec 31, 2021 | 14.00 Mn |
| Sep 30, 2021 | 14.37 Mn |
| Sep 30, 2021 | 14.37 Mn |
| Jun 30, 2021 | -6.58 Mn |
| Jun 30, 2021 | -6.58 Mn |
| Mar 31, 2021 | 3.40 Mn |
| Mar 31, 2021 | 3.40 Mn |
| Dec 31, 2020 | -13.76 Mn |
| Dec 31, 2020 | -13.76 Mn |
| Sep 30, 2020 | -13.41 Mn |
| Sep 30, 2020 | -13.41 Mn |
| Jun 30, 2020 | -7.24 Mn |
| Jun 30, 2020 | -7.24 Mn |
| Mar 31, 2020 | 4.98 Mn |
| Mar 31, 2020 | 4.98 Mn |
| Dec 31, 2019 | 7.74 Mn |
| Dec 31, 2019 | 7.74 Mn |
| Sep 30, 2019 | 14.16 Mn |
| Sep 30, 2019 | 14.16 Mn |
| Jun 30, 2019 | 3.80 Mn |
| Jun 30, 2019 | 3.80 Mn |
| Mar 31, 2019 | 1.34 Mn |
| Mar 31, 2019 | 1.34 Mn |
| Dec 31, 2018 | 8.80 Mn |
| Dec 31, 2018 | 8.80 Mn |
| Sep 30, 2018 | 12.19 Mn |
| Sep 30, 2018 | 12.19 Mn |
| Jun 30, 2018 | 1.80 Mn |
| Jun 30, 2018 | 1.80 Mn |
| Mar 31, 2018 | 5.39 Mn |
| Mar 31, 2018 | 5.39 Mn |
| Dec 31, 2017 | 7.91 Mn |
| Dec 31, 2017 | 7.91 Mn |
| Sep 30, 2017 | 7.76 Mn |
| Sep 30, 2017 | 7.76 Mn |
| Jun 30, 2017 | 3.00 Mn |
| Jun 30, 2017 | 3.00 Mn |
| Mar 31, 2017 | -844,000.00 |
| Mar 31, 2017 | -844,000.00 |
| Dec 31, 2016 | 3.88 Mn |
| Dec 31, 2016 | 3.88 Mn |
| Sep 30, 2016 | -1.62 Mn |
| Sep 30, 2016 | -1.62 Mn |
| Jun 30, 2016 | -869,000.00 |
| Jun 30, 2016 | -869,000.00 |
| Mar 31, 2016 | 2.27 Mn |
| Mar 31, 2016 | 2.27 Mn |
| Dec 31, 2015 | 5.68 Mn |
| Dec 31, 2015 | 5.68 Mn |
| Sep 30, 2015 | 7.60 Mn |
| Sep 30, 2015 | 7.60 Mn |
| Jun 30, 2015 | 3.35 Mn |
| Jun 30, 2015 | 3.35 Mn |
| Mar 31, 2015 | -3.52 Mn |
| Mar 31, 2015 | -3.52 Mn |
| Dec 31, 2014 | -1.16 Mn |
| Dec 31, 2014 | -1.16 Mn |
| Sep 30, 2014 | 6.46 Mn |
| Sep 30, 2014 | 6.46 Mn |
| Jun 30, 2014 | 1.74 Mn |
| Jun 30, 2014 | 1.74 Mn |
| Mar 31, 2014 | 2.35 Mn |
| Mar 31, 2014 | 2.35 Mn |
| Dec 31, 2013 | 827,000.00 |
| Dec 31, 2013 | 827,000.00 |
| Sep 30, 2013 | -122,000.00 |
| Sep 30, 2013 | -122,000.00 |
| Jun 30, 2013 | -890,000.00 |
| Jun 30, 2013 | -890,000.00 |
| Mar 31, 2013 | -2.15 Mn |
| Mar 31, 2013 | -2.15 Mn |
| Dec 31, 2012 | 81,000.00 |
| Dec 31, 2012 | 81,000.00 |
| Sep 30, 2012 | 7.79 Mn |
| Sep 30, 2012 | 7.79 Mn |
| Jun 30, 2012 | 547,000.00 |
| Jun 30, 2012 | 547,000.00 |
| Mar 31, 2012 | 544,000.00 |
| Mar 31, 2012 | 544,000.00 |
| Dec 31, 2011 | 3.35 Mn |
| Dec 31, 2011 | 3.35 Mn |
| Sep 30, 2011 | 3.83 Mn |
| Sep 30, 2011 | 3.83 Mn |
| Jun 30, 2011 | 2.37 Mn |
| Jun 30, 2011 | 2.37 Mn |
| Mar 31, 2011 | -245,000.00 |
| Mar 31, 2011 | -245,000.00 |
| Dec 31, 2010 | 2.30 Mn |
| Dec 31, 2010 | 2.30 Mn |
| Sep 30, 2010 | 5.26 Mn |
| Sep 30, 2010 | 5.26 Mn |