Merit Medical Systems (MMSI) Construction in Progress (2010 - 2026)
Merit Medical Systems' (MMSI) quarterly Construction in Progress came in at $91.0 million in Q1 2026, up 42.79% year-on-year from $63.7 million in Q1 2025, and up 9.7% quarter-over-quarter from $82.9 million in Q4 2025.
Merit Medical Systems (MMSI) Construction in Progress (2010 - 2026) Analysis & Trends
Merit Medical Systems has disclosed Construction in Progress across 17 years of filings, most recently posting $91.0 million for Q1 2026.
- Construction in Progress for Q1 2026 came in at $91.0 million, up 42.79% year-over-year; the trailing twelve-month figure through Mar 2026 was $91.0 million (up 42.79% YoY), and the FY2025 annual result was $82.9 million, up 41.36% from the prior year.
- Construction in Progress came in at $91.0 million for Q1 2026 at Merit Medical Systems, up from $82.9 million in the prior quarter.
- In the past five years, Construction in Progress ranged from a high of $91.0 million in Q1 2026 to a low of $50.9 million in Q1 2022.
- The 5-year median for Construction in Progress is $61.4 million (2023), against an average of $65.6 million.
- Across the five-year window, Construction in Progress slipped 8.61% in 2024 and surged 42.79% in 2026, its largest moves.
- Merit Medical Systems' Construction in Progress stood at $61.3 million in 2022, then rose by 0.28% to $61.4 million in 2023, then decreased by 4.5% to $58.7 million in 2024, then jumped by 41.36% to $82.9 million in 2025, then increased by 9.7% to $91.0 million in 2026.
- The last three Construction in Progress figures came in at $91.0 million (Q1 2026), $82.9 million (Q4 2025), and $83.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | - |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | - |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | - |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 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 | - |
| 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 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | - |
| 10 | Merit Medical Systems | 4.03 Bn | 3.54 Bn | 184.80 Mn | 90.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 90.99 Mn |
| Dec 31, 2025 | 82.94 Mn |
| Sep 30, 2025 | 83.42 Mn |
| Jun 30, 2025 | 74.85 Mn |
| Mar 31, 2025 | 63.72 Mn |
| Dec 31, 2024 | 58.67 Mn |
| Sep 30, 2024 | 66.70 Mn |
| Jun 30, 2024 | 61.06 Mn |
| Mar 31, 2024 | 58.30 Mn |
| Dec 31, 2023 | 61.44 Mn |
| Sep 30, 2023 | 60.49 Mn |
| Jun 30, 2023 | 62.37 Mn |
| Mar 31, 2023 | 63.79 Mn |
| Dec 31, 2022 | 61.27 Mn |
| Sep 30, 2022 | 59.78 Mn |
| Jun 30, 2022 | 54.41 Mn |
| Mar 31, 2022 | 50.87 Mn |
| Dec 31, 2021 | 51.18 Mn |
| Sep 30, 2021 | 51.76 Mn |
| Jun 30, 2021 | 48.61 Mn |