Merit Medical Systems (MMSI) Operating Expenses (2010 - 2026)

Merit Medical Systems (MMSI) reported Operating Expenses of $140.6 million for Q1 2026, up 7.37% on a YoY basis from $131.0 million in Q1 2025, and little changed sequentially from $141.2 million in Q4 2025.

Merit Medical Systems (MMSI) Operating Expenses (2010 - 2026) Analysis & Trends

Merit Medical Systems (MMSI) has 17 years of Operating Expenses data on file, last reported at $140.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 7.37% year-over-year to $140.6 million; the trailing twelve-month figure through Mar 2026 stood at $563.2 million (up 12.01% YoY), and the FY2025 full-year result was $553.6 million, up 13.52% from the prior year.
  • Operating Expenses held at $140.6 million in Q1 2026, from $141.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $143.8 million in Q3 2025 to a low of $104.1 million in Q4 2022.
  • A 5-year average of $122.0 million and a median of $116.9 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses dropped 7.11% in 2024 and gained 19.56% in 2025, its largest moves.
  • Tracing MMSI's Operating Expenses over 5 years: stood at $104.1 million in 2022, then grew by 12.27% to $116.9 million in 2023, then advanced by 16.68% to $136.4 million in 2024, then rose by 3.47% to $141.2 million in 2025, then decreased by 0.37% to $140.6 million in 2026.
  • Business Quant data shows MMSI's Operating Expenses at $140.6 million in Q1 2026, $141.2 million in Q4 2025, and $143.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alcon 32,734,969.19 Bn 32,734,967.53 Bn 1.53 Bn -1.13 Bn
2 Intuitive Surgical 117.50 Bn 112.41 Bn 1.96 Bn 988.50 Mn
3 Becton Dickinson 42.93 Bn 42.11 Bn 2.15 Bn 4.62 Bn
4 Medline 30.82 Bn 36.66 Bn 1.84 Bn 1.42 Bn
5 Resmed 27.90 Bn 26.23 Bn 890.98 Mn 391.17 Mn
6 West Pharmaceutical Services 26.76 Bn 26.23 Bn 329.20 Mn 137.30 Mn
7 Cooper Companies 15.30 Bn 15.16 Bn 735.40 Mn 718.70 Mn
8 Solventum 13.46 Bn 12.90 Bn 1.10 Bn 1.02 Bn
9 Align Technology 12.02 Bn 10.96 Bn 736.59 Mn 594.63 Mn
10 Merit Medical Systems 4.36 Bn 3.87 Bn 184.80 Mn 140.64 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 140.64 Mn
Dec 31, 2025 141.16 Mn
Sep 30, 2025 143.80 Mn
Jun 30, 2025 137.61 Mn
Mar 31, 2025 130.99 Mn
Dec 31, 2024 136.42 Mn
Sep 30, 2024 120.27 Mn
Jun 30, 2024 115.15 Mn
Mar 31, 2024 115.79 Mn
Dec 31, 2023 116.92 Mn
Sep 30, 2023 107.06 Mn
Jun 30, 2023 123.97 Mn
Mar 31, 2023 111.98 Mn
Dec 31, 2022 104.14 Mn
Sep 30, 2022 109.92 Mn
Jun 30, 2022 111.81 Mn
Mar 31, 2022 105.67 Mn
Dec 31, 2021 106.91 Mn
Sep 30, 2021 104.56 Mn
Jun 30, 2021 115.24 Mn