Merit Medical Systems (MMSI) Construction in Progress (2010 - 2026)
Merit Medical Systems (MMSI) recorded Construction in Progress of $40.75 million in Q3 2026, down 51.2% from $83.42 million a year earlier and down 57.9% from the prior quarter.
Powered by 
Analysis
Merit Medical Systems (MMSI) Construction in Progress (2010 - 2026) Analysis & Trends
At the end of FY2025, Merit Medical Systems reported Construction in Progress of $82.94 million, up 41.4% from FY2024.
- Annual Construction in Progress has a five-year compound annual growth rate of 12.1% (FY2020 to FY2025).
- Across earlier years, Construction in Progress came in at $58.67 million in FY2024 (-4.5%), $61.44 million in FY2023 (+0.3%), $61.27 million in FY2022 (+19.7%) and $51.18 million in FY2021 (+9.2%).
- The Q3 2026 figure is the lowest quarterly Construction in Progress since Q2 2018.
- On a year-over-year basis, Construction in Progress rose in six of the last eight quarters, with growth averaging 14.3%.
- Peak year-over-year performance for Construction in Progress in the last five years was growth of 42.8% in Q1 2026, against a decline of 51.2% in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $96.7 million (Q2 2026), $90.99 million (Q1 2026) and $82.94 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (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 | - |
| 3 | Danaher | 164.78 Bn | 144.43 Bn | 3.84 Bn | - |
| 4 | Intuitive Surgical | 157.85 Bn | 138.13 Bn | 2.08 Bn | - |
| 5 | Medtronic | 129.66 Bn | 94.91 Bn | 6.34 Bn | - |
| 6 | Stryker | 121.82 Bn | 108.01 Bn | 4.25 Bn | - |
| 7 | Boston Scientific | 63.42 Bn | 58.86 Bn | 3.43 Bn | 976.00 Mn |
| 8 | Edwards Lifesciences | 59.49 Bn | 42.69 Bn | 1.35 Bn | - |
| 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 | 40.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 40.75 Mn |
| Jun 30, 2026 | 96.70 Mn |
| 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 |
API Access
Merit Medical Systems Construction in Progress 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=construction-in-progress&ticker=MMSI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "construction-in-progress", "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=construction-in-progress&ticker=MMSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();