Merit Medical Systems (MMSI) Operating Income (2009 - 2026)
Merit Medical Systems (MMSI) recorded Operating Income of $58.76 million in Q3 2026, up 37.9% from $42.61 million a year earlier but down 2.7% from the prior quarter.
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Analysis
Merit Medical Systems (MMSI) Operating Income (2009 - 2026) Analysis & Trends
On a TTM basis, Merit Medical Systems' Operating Income came in at $217.52 million as of Sep 30, 2026, up 30.2% year-over-year; for FY2025, it came in at $184.72 million, up 18.6% from FY2024.
- Annual Operating Income has increased for four straight years.
- Across earlier years, Operating Income came in at $155.69 million in FY2024 (+25.6%), $123.94 million in FY2023 (+41.5%), $87.56 million in FY2022 (+43.7%) and $60.92 million in FY2021.
- Quarterly Operating Income has ranged from $15.23 million in Q1 2022 to $60.4 million in Q2 2026 over the past five years.
- On a year-over-year basis, Operating Income has increased for 20 consecutive quarters, with growth averaging 20.2% over the last eight quarters.
- The year-over-year growth in Operating Income has ranged between 2.0% (Q2 2025) and 161.5% (Q2 2022) over the last five years.
- Per Business Quant, the preceding three quarters came in at $60.4 million (Q2 2026), $44.16 million (Q1 2026) and $54.2 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 2.26 Bn |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 1.36 Bn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 1.25 Bn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 592.60 Mn |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 1.76 Bn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 1.03 Bn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 828.00 Mn |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 299.10 Mn |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 500.00 Mn |
| 10 | Merit Medical Systems | 5.26 Bn | 3.37 Bn | 200.63 Mn | 58.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 58.76 Mn |
| Jun 30, 2026 | 60.40 Mn |
| Mar 31, 2026 | 44.16 Mn |
| Dec 31, 2025 | 54.20 Mn |
| Sep 30, 2025 | 42.61 Mn |
| Jun 30, 2025 | 46.88 Mn |
| Mar 31, 2025 | 41.03 Mn |
| Dec 31, 2024 | 36.56 Mn |
| Sep 30, 2024 | 37.26 Mn |
| Jun 30, 2024 | 45.95 Mn |
| Mar 31, 2024 | 35.92 Mn |
| Dec 31, 2023 | 33.61 Mn |
| Sep 30, 2023 | 35.14 Mn |
| Jun 30, 2023 | 28.81 Mn |
| Mar 31, 2023 | 26.38 Mn |
| Dec 31, 2022 | 30.42 Mn |
| Sep 30, 2022 | 18.66 Mn |
| Jun 30, 2022 | 23.26 Mn |
| Mar 31, 2022 | 15.23 Mn |
| Dec 31, 2021 | 21.90 Mn |
API Access
Merit Medical Systems Operating 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=operating-income&ticker=MMSI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-income&ticker=MMSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();