Merit Medical Systems (MMSI) Net Income (2009 - 2026)
Merit Medical Systems (MMSI) recorded Net Income of $42.31 million in Q3 2026, up 52.4% from $27.76 million a year earlier and up 9.0% from the prior quarter.
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Analysis
Merit Medical Systems (MMSI) Net Income (2009 - 2026) Analysis & Trends
On a TTM basis, Merit Medical Systems' Net Income came in at $160.12 million as of Sep 30, 2026, up 35.2% year-over-year; for FY2025, it was $128.49 million, up 6.8% from FY2024.
- Annual Net Income has increased for four straight years.
- Across earlier years, Net Income came in at $120.36 million in FY2024 (+27.5%), $94.41 million in FY2023 (+26.7%), $74.52 million in FY2022 (+53.8%) and $48.45 million in FY2021.
- The Q3 2026 figure is the highest quarterly Net Income in data going back to Q2 2010.
- On a year-over-year basis, Net Income has increased for four consecutive quarters, with growth averaging 17.5% over the last eight quarters.
- Peak year-over-year performance for Net Income in the last five years was growth of 211.2% in Q2 2022, against a decline of 17.3% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $38.8 million (Q2 2026), $41 million (Q1 2026) and $38.01 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 1.73 Bn |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 920.00 Mn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 1.24 Bn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 524.40 Mn |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 1.48 Bn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 753.00 Mn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 580.00 Mn |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 307.50 Mn |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 318.00 Mn |
| 10 | Merit Medical Systems | 5.26 Bn | 3.37 Bn | 200.63 Mn | 42.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 42.31 Mn |
| Jun 30, 2026 | 38.80 Mn |
| Mar 31, 2026 | 41.00 Mn |
| Dec 31, 2025 | 38.01 Mn |
| Sep 30, 2025 | 27.76 Mn |
| Jun 30, 2025 | 32.58 Mn |
| Mar 31, 2025 | 30.15 Mn |
| Dec 31, 2024 | 27.95 Mn |
| Sep 30, 2024 | 28.44 Mn |
| Jun 30, 2024 | 35.73 Mn |
| Mar 31, 2024 | 28.24 Mn |
| Dec 31, 2023 | 27.63 Mn |
| Sep 30, 2023 | 25.83 Mn |
| Jun 30, 2023 | 20.25 Mn |
| Mar 31, 2023 | 20.70 Mn |
| Dec 31, 2022 | 33.40 Mn |
| Sep 30, 2022 | 15.27 Mn |
| Jun 30, 2022 | 15.30 Mn |
| Mar 31, 2022 | 10.55 Mn |
| Dec 31, 2021 | 20.61 Mn |
API Access
Merit Medical Systems Net Income 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=net-income&ticker=MMSI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=MMSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();