Merit Medical Systems (MMSI) Operating Expenses (2010 - 2026)
Merit Medical Systems' (MMSI) quarterly Operating Expenses came in at $154.8 million in Q2 2026, up 12.47% year-over-year from $137.6 million in Q2 2025, and up 10.04% quarter-over-quarter from $140.6 million in Q1 2026.
Analysis
Merit Medical Systems (MMSI) Operating Expenses (2010 - 2026) Analysis & Trends
Merit Medical Systems has disclosed Operating Expenses across 17 years of filings, most recently posting $154.8 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 12.47% year-over-year to $154.8 million; the TTM figure through Jun 2026 stood at $580.4 million (up 10.48% YoY), while the FY2025 annual figure was $553.6 million, up 13.52% from the prior year.
- Operating Expenses came in at $154.8 million for Q2 2026 at Merit Medical Systems, up from $140.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $154.8 million in Q2 2026 to a low of $104.1 million in Q4 2022.
- Average Operating Expenses over 5 years is $123.8 million, with a median of $118.6 million recorded in 2023.
- Year-over-year, Operating Expenses declined 7.11% in 2024 and advanced 19.56% in 2025.
- Over 5 years, Operating Expenses stood at $104.1 million in 2022, then increased by 12.27% to $116.9 million in 2023, then climbed by 16.68% to $136.4 million in 2024, then gained by 3.47% to $141.2 million in 2025, then increased by 9.64% to $154.8 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $154.8 million in Q2 2026, $140.6 million in Q1 2026, and $141.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 180.74 Bn | 175.14 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Intuitive Surgical | 127.72 Bn | 122.50 Bn | 1.96 Bn | 988.50 Mn |
| 3 | Medtronic | 116.88 Bn | 108.06 Bn | 6.34 Bn | 3.97 Bn |
| 4 | Stryker | 104.10 Bn | 100.62 Bn | 4.50 Bn | 2.84 Bn |
| 5 | Boston Scientific | 63.74 Bn | 63.20 Bn | 3.85 Bn | 2.67 Bn |
| 6 | Edwards Lifesciences | 49.85 Bn | 45.60 Bn | 1.35 Bn | 846.40 Mn |
| 7 | Alcon | 33.03 Bn | 31.58 Bn | 1.68 Bn | -1.63 Bn |
| 8 | Dexcom | 32.15 Bn | 30.20 Bn | 830.00 Mn | 511.70 Mn |
| 9 | Steris | 20.63 Bn | 20.15 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Merit Medical Systems | 5.14 Bn | 4.69 Bn | 215.17 Mn | 154.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 154.76 Mn |
| 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 |