Merit Medical Systems (MMSI) Change in Inventory (2010 - 2026)
Merit Medical Systems' (MMSI) quarterly Change in Inventory came in at $22.7 million in Q1 2026, up 113.75% year-on-year from $10.6 million in Q1 2025, and up 246.99% quarter-over-quarter from $6.5 million in Q4 2025.
Merit Medical Systems (MMSI) Change in Inventory (2010 - 2026) Analysis & Trends
Merit Medical Systems has disclosed Change in Inventory across 17 years of filings, most recently posting $22.7 million for Q1 2026.
- Change in Inventory for Q1 2026 came in at $22.7 million, up 113.75% year-over-year; the trailing twelve-month figure through Mar 2026 was $33.7 million (up 169.18% YoY), and the FY2025 annual result 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.
- The 5-year median for Change in Inventory is $6.0 million (2024), against an average of $7.4 million.
- Across the five-year window, Change in Inventory plunged 127.95% in 2024 and jumped 2674.61% in 2025, its largest moves.
- Merit Medical Systems' Change in Inventory stood at $17.2 million in 2022, then slumped by 113.5% to -$2.3 million in 2023, then jumped by 76.0% to -$557000.0 in 2024, then jumped by 1272.17% to $6.5 million in 2025, then surged by 246.99% to $22.7 million in 2026.
- The last three Change in Inventory figures came in at $22.7 million (Q1 2026), $6.5 million (Q4 2025), and $3.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | 266.60 Mn |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | - |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 42.00 Mn |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | -12.48 Mn |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | - |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 32.00 Mn |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | - |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | -9.35 Mn |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 95.00 Mn |
| 10 | Merit Medical Systems | 4.03 Bn | 3.54 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 |