Merit Medical Systems (MMSI) Inventory (2010 - 2026)
Merit Medical Systems (MMSI) reported Inventory of $374.11 million for Q2 2026, up 15.7% from $323.31 million a year earlier and up 6.2% from the prior quarter.
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Analysis
Merit Medical Systems (MMSI) Inventory (2010 - 2026) Analysis & Trends
At the end of FY2025, Merit Medical Systems posted Inventory of $333.71 million, up 9.0% from FY2024.
- Inventory has increased for five consecutive years, with a five-year compound annual growth rate of 11.0% (FY2020 to FY2025).
- By year, Inventory came in at $306.06 million in FY2024 (+0.7%), $303.87 million in FY2023 (+14.2%), $265.99 million in FY2022 (+19.9%) and $221.92 million in FY2021 (+12.1%).
- The Q2 2026 figure ranks as the highest quarterly Inventory in data going back to Q4 2010.
- Year over year, Inventory has now increased in each of the last eight quarters, with growth averaging 7.1% over the last eight quarters.
- The high point for year-over-year Inventory in five years was Q2 2023 (growth of 31.2%); the low point was Q2 2024 (a decline of 2.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $352.39 million (Q1 2026), $333.71 million (Q4 2025) and $326.55 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 5.63 Bn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 7.32 Bn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 3.26 Bn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 2.03 Bn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 6.22 Bn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 5.52 Bn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 3.24 Bn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 1.13 Bn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 3.32 Bn |
| 10 | Merit Medical Systems | 5.25 Bn | 3.47 Bn | 215.17 Mn | 374.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 374.11 Mn |
| Mar 31, 2026 | 352.39 Mn |
| Dec 31, 2025 | 333.71 Mn |
| Sep 30, 2025 | 326.55 Mn |
| Jun 30, 2025 | 323.31 Mn |
| Mar 31, 2025 | 317.94 Mn |
| Dec 31, 2024 | 306.06 Mn |
| Sep 30, 2024 | 310.53 Mn |
| Jun 30, 2024 | 298.22 Mn |
| Mar 31, 2024 | 302.73 Mn |
| Dec 31, 2023 | 303.87 Mn |
| Sep 30, 2023 | 303.92 Mn |
| Jun 30, 2023 | 305.94 Mn |
| Mar 31, 2023 | 289.58 Mn |
| Dec 31, 2022 | 265.99 Mn |
| Sep 30, 2022 | 246.66 Mn |
| Jun 30, 2022 | 233.15 Mn |
| Mar 31, 2022 | 231.45 Mn |
| Dec 31, 2021 | 221.92 Mn |
| Sep 30, 2021 | 208.08 Mn |
API Access
Merit Medical Systems Inventory 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=inventory&ticker=MMSI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=MMSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();