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
DateValue
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