Merit Medical Systems (MMSI) Net Margin (2010 - 2026)

Merit Medical Systems' (MMSI) quarterly Net Margin came in at 10.72% in Q1 2026, up 224.0% year-on-year from 3.31% in Q1 2025, and up 11.12% quarter-over-quarter from 9.65% in Q4 2025.

Merit Medical Systems (MMSI) Net Margin (2010 - 2026) Analysis & Trends

Merit Medical Systems has disclosed Net Margin across 17 years of filings, most recently posting 10.72% for Q1 2026.

  • Net Margin for Q1 2026 came in at 10.72%, up 224.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 9.03% (up 22.0% YoY), and the FY2025 annual result was 8.48%, down 40.0% from the prior year.
  • Net Margin came in at 10.72% for Q1 2026 at Merit Medical Systems, up from 9.65% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 10.72% in Q1 2026 to a low of 11.16% in Q4 2023.
  • The 5-year median for Net Margin is 7.87% (2024), against an average of 6.43%.
  • Across the five-year window, Net Margin slumped 1573 bps in 2023 and soared 1903 bps in 2024, its largest moves.
  • Merit Medical Systems' Net Margin stood at 4.57% in 2022, then slumped by 344 bps to 11.16% in 2023, then jumped by 171 bps to 7.87% in 2024, then climbed by 23 bps to 9.65% in 2025, then grew by 11 bps to 10.72% in 2026.
  • The last three Net Margin figures came in at 10.72% (Q1 2026), 9.65% (Q4 2025), and 7.22% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Intuitive Surgical 148.09 Bn 143.69 Bn 1.83 Bn 29.81%
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn -5.81%
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn 3.25%
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn 27.86%
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn 16.03%
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn 0.65%
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn -7.20%
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn 10.84%
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn 0.07%
10 Merit Medical Systems 4.03 Bn 3.54 Bn 184.80 Mn 10.72%

Historic Data

Download Data
DateValue
Mar 31, 2026 10.72%
Dec 31, 2025 9.65%
Sep 30, 2025 7.22%
Jun 30, 2025 8.52%
Mar 31, 2025 8.48%
Dec 31, 2024 7.87%
Sep 30, 2024 8.37%
Jun 30, 2024 10.57%
Mar 31, 2024 8.73%
Dec 31, 2023 -11.16%
Sep 30, 2023 8.20%
Jun 30, 2023 6.33%
Mar 31, 2023 6.96%
Dec 31, 2022 4.57%
Sep 30, 2022 5.32%
Jun 30, 2022 5.19%
Mar 31, 2022 3.83%
Dec 31, 2021 -1.92%
Sep 30, 2021 4.49%
Jun 30, 2021 1.75%