Growth Metrics

Merit Medical Systems (MMSI) Gross Margin (2016 - 2025)

Merit Medical Systems (MMSI) has disclosed Gross Margin for 16 consecutive years, with 49.59% as the latest value for Q4 2025.

  • Quarterly Gross Margin rose 88.0% to 49.59% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 48.7% through Dec 2025, up 128.0% year-over-year, with the annual reading at 48.7% for FY2025, 128.0% up from the prior year.
  • Gross Margin hit 49.59% in Q4 2025 for Merit Medical Systems, up from 48.52% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 49.59% in Q4 2025 to a low of 43.9% in Q1 2022.
  • Historically, Gross Margin has averaged 46.55% across 5 years, with a median of 46.37% in 2023.
  • Biggest five-year swings in Gross Margin: skyrocketed 572bps in 2021 and later plummeted -105bps in 2022.
  • Year by year, Gross Margin stood at 46.25% in 2021, then decreased by -1bps to 45.86% in 2022, then increased by 1bps to 46.39% in 2023, then increased by 5bps to 48.71% in 2024, then rose by 2bps to 49.59% in 2025.
  • Business Quant data shows Gross Margin for MMSI at 49.59% in Q4 2025, 48.52% in Q3 2025, and 48.24% in Q2 2025.