Merit Medical Systems (MMSI) Change in Inventory (2010 - 2026)
Merit Medical Systems' Change in Inventory was $16.29 million in Q3 2026, up 385.8% from $3.35 million a year earlier but down 22.2% from the prior quarter.
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Analysis
Merit Medical Systems (MMSI) Change in Inventory (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Merit Medical Systems' Change in Inventory was $66.4 million through Sep 30, 2026, up 357.4% year-over-year; for FY2025, it came in at $21.6 million, up 844.6% from FY2024.
- In earlier years, Change in Inventory was $2.29 million in FY2024 (-92.9%), $32.11 million in FY2023 (-33.0%), $47.93 million in FY2022 (+90.3%) and $25.18 million in FY2021.
- Quarterly Change in Inventory has moved between -$3.5 million (Q2 2024) and $22.97 million (Q1 2023) over five years.
- The best year-over-year quarter for Change in Inventory over five years was Q3 2026 (growth of 385.8%); the worst was Q1 2024 (a decline of 98.3%).
- Per Business Quant data, MMSI's Change in Inventory in the three quarters before Q3 2026 was $20.92 million (Q2 2026), $22.66 million (Q1 2026) and $6.53 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 265.71 Bn | 242.23 Bn | 5.13 Bn | - |
| 2 | Abbott Laboratories | 189.37 Bn | 163.23 Bn | 7.39 Bn | 51.00 Mn |
| 3 | Danaher | 164.78 Bn | 144.43 Bn | 3.84 Bn | 51.00 Mn |
| 4 | Intuitive Surgical | 157.85 Bn | 138.13 Bn | 2.08 Bn | 307.40 Mn |
| 5 | Medtronic | 129.66 Bn | 94.91 Bn | 6.34 Bn | 240.00 Mn |
| 6 | Stryker | 121.82 Bn | 108.01 Bn | 4.25 Bn | 228.00 Mn |
| 7 | Boston Scientific | 63.42 Bn | 58.86 Bn | 3.43 Bn | 86.00 Mn |
| 8 | Edwards Lifesciences | 59.49 Bn | 42.69 Bn | 1.35 Bn | 24.60 Mn |
| 9 | Becton Dickinson | 58.38 Bn | 55.53 Bn | 2.32 Bn | - |
| 10 | Merit Medical Systems | 5.24 Bn | 3.36 Bn | 200.63 Mn | 16.29 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.29 Mn |
| Jun 30, 2026 | 20.92 Mn |
| Mar 31, 2026 | 22.66 Mn |
| Dec 31, 2025 | 6.53 Mn |
| Sep 30, 2025 | 3.35 Mn |
| Jun 30, 2025 | 1.12 Mn |
| Mar 31, 2025 | 10.60 Mn |
| Dec 31, 2024 | -557,000.00 |
| Sep 30, 2024 | 5.96 Mn |
| Jun 30, 2024 | -3.50 Mn |
| Mar 31, 2024 | 382,000.00 |
| Dec 31, 2023 | -2.32 Mn |
| Sep 30, 2023 | -1.08 Mn |
| Jun 30, 2023 | 12.53 Mn |
| Mar 31, 2023 | 22.97 Mn |
| Dec 31, 2022 | 17.19 Mn |
| Sep 30, 2022 | 15.97 Mn |
| Jun 30, 2022 | 5.59 Mn |
| Mar 31, 2022 | 9.18 Mn |
| Dec 31, 2021 | 14.00 Mn |
API Access
Merit Medical Systems Change in Inventory 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=change-in-inventory&ticker=MMSI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "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=change-in-inventory&ticker=MMSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();