Merit Medical Systems (MMSI) Cost of Revenue (2010 - 2026)

Merit Medical Systems (MMSI) reported Cost of Revenue of $197.1 million for Q1 2026, up 7.5% on a YoY basis from $183.3 million in Q1 2025, and down 0.76% sequentially from $198.6 million in Q4 2025.

Merit Medical Systems (MMSI) Cost of Revenue (2010 - 2026) Analysis & Trends

Merit Medical Systems (MMSI) has 17 years of Cost of Revenue data on file, last reported at $197.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue rose 7.5% year-over-year to $197.1 million; the trailing twelve-month figure through Mar 2026 stood at $791.4 million (up 9.2% YoY), and the FY2025 full-year result was $777.6 million, up 9.04% from the prior year.
  • Cost of Revenue eased to $197.1 million in Q1 2026, from $198.6 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $198.6 million in Q4 2025 to a low of $154.5 million in Q1 2022.
  • A 5-year average of $176.1 million and a median of $174.0 million in 2023 frame the typical range for Cost of Revenue.
  • Peak annual rise in Cost of Revenue reached 12.76% in 2022, while the deepest fall reached 2.38% in 2022.
  • Tracing MMSI's Cost of Revenue over 5 years: stood at $158.9 million in 2022, then grew by 9.52% to $174.0 million in 2023, then increased by 4.71% to $182.2 million in 2024, then increased by 9.01% to $198.6 million in 2025, then decreased by 0.76% to $197.1 million in 2026.
  • Business Quant data shows MMSI's Cost of Revenue at $197.1 million in Q1 2026, $198.6 million in Q4 2025, and $197.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Intuitive Surgical 126.32 Bn 121.10 Bn 1.96 Bn 931.90 Mn
2 Becton Dickinson 44.69 Bn 43.88 Bn 2.15 Bn 2.56 Bn
3 Alcon 32.80 Bn 31.14 Bn 1.53 Bn 18.00 Mn
4 Medline 32.72 Bn 30.49 Bn 1.84 Bn 5.51 Bn
5 Resmed 29.54 Bn 27.88 Bn 890.98 Mn 532.58 Mn
6 West Pharmaceutical Services 23.56 Bn 23.13 Bn 329.20 Mn 543.10 Mn
7 Solventum 14.00 Bn 13.44 Bn 1.10 Bn 11.00 Mn
8 Cooper Companies 13.75 Bn 13.61 Bn 735.40 Mn 346.10 Mn
9 Align Technology 12.03 Bn 10.97 Bn 736.59 Mn 303.50 Mn
10 Merit Medical Systems 4.54 Bn 4.05 Bn 184.80 Mn 197.08 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 197.08 Mn
Mar 31, 2026 197.08 Mn
Dec 31, 2025 198.58 Mn
Dec 31, 2025 198.58 Mn
Sep 30, 2025 197.75 Mn
Sep 30, 2025 197.75 Mn
Jun 30, 2025 197.98 Mn
Jun 30, 2025 197.98 Mn
Mar 31, 2025 183.33 Mn
Mar 31, 2025 183.33 Mn
Dec 31, 2024 182.18 Mn
Dec 31, 2024 182.18 Mn
Sep 30, 2024 182.31 Mn
Sep 30, 2024 182.31 Mn
Jun 30, 2024 176.90 Mn
Jun 30, 2024 176.90 Mn
Mar 31, 2024 171.79 Mn
Mar 31, 2024 171.79 Mn
Dec 31, 2023 173.99 Mn
Dec 31, 2023 173.99 Mn