Merit Medical Systems (MMSI) R&D In Process (2011 - 2023)
Merit Medical Systems recorded quarterly R&D In Process of $1.5 million in Q2 2023, down 76.77% quarter-over-quarter from $6.7 million in Q2 2022, and down 76.77% year-over-year from $6.7 million in Q2 2022.
Merit Medical Systems' R&D In Process history runs 9 years deep, the most recent figure standing at $1.5 million for Q2 2023.
- In Q2 2023, R&D In Process fell 76.77% year-over-year to $1.5 million; the TTM figure through Dec 2023 stood at $1.5 million (down 76.77% YoY), while the FY2023 annual figure was $1.5 million, down 76.77% from the prior year.
- R&D In Process came in at $1.5 million for Q2 2023 at Merit Medical Systems, down from $6.7 million in the prior quarter.
- In the past five years, R&D In Process ranged from a high of $6.7 million in Q2 2022 to a low of $25000.0 in Q1 2019.
- A 3-year average of $2.2 million and a median of $1.0 million in 2019 frame the typical range for R&D In Process.
- Across the five-year window, R&D In Process soared 63.4% in 2019 and plunged 76.77% in 2023, its largest moves.
- Merit Medical Systems' R&D In Process stood at $500000.0 in 2019, then jumped by 1234.2% to $6.7 million in 2022, then slumped by 76.77% to $1.5 million in 2023.
- According to Business Quant data, R&D In Process over the past three periods registered $1.5 million, $6.7 million, and $500000.0 for Q2 2023, Q2 2022, and Q2 2019 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D In Process (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | - |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | - |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | - |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | - |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | - |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | - |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | - |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | - |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | - |
| 10 | Merit Medical Systems | 3.79 Bn | 3.30 Bn | 184.80 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 1.55 Mn |
| Jun 30, 2022 | 6.67 Mn |
| Jun 30, 2019 | 500,000.00 |
| Mar 31, 2019 | 25,000.00 |
| Dec 31, 2018 | 262,000.00 |
| Sep 30, 2018 | 75,000.00 |
| Jun 30, 2018 | 306,000.00 |
| Sep 30, 2017 | 12.06 Mn |
| Jun 30, 2017 | 75,000.00 |
| Dec 31, 2016 | 61,000.00 |
| Sep 30, 2016 | 300,000.00 |
| Jun 30, 2016 | 100,000.00 |
| Sep 30, 2015 | 1.00 Mn |
| Sep 30, 2012 | 275,000.00 |
| Jun 30, 2012 | 2.00 Mn |
| Mar 31, 2012 | 175,000.00 |
| Dec 31, 2011 | 2.00 Mn |
| Sep 30, 2011 | 3.44 Mn |
| Jun 30, 2011 | 1.00 Mn |