Merit Medical Systems MMSI
NASDAQ MMSI
$86.02 -1.17 (-1.34%)
As of: Sep 10, 2026 · 1:30 PM EDT

Merit Medical Systems (MMSI) Research & Development (2010 - 2026)

Merit Medical Systems' (MMSI) quarterly Research & Development came in at $25.4 million in Q2 2026, up 4.19% year-over-year from $24.4 million in Q2 2025, and up 12.3% quarter-over-quarter from $22.6 million in Q1 2026.

Analysis

Merit Medical Systems (MMSI) Research & Development (2010 - 2026) Analysis & Trends

Merit Medical Systems has disclosed Research & Development across 17 years of filings, most recently posting $25.4 million for Q2 2026.

  • In Q2 2026, Research & Development rose 4.19% year-over-year to $25.4 million; the TTM figure through Jun 2026 stood at $98.5 million (up 6.42% YoY), while the FY2025 annual figure was $97.4 million, up 11.3% from the prior year.
  • Research & Development came in at $25.4 million for Q2 2026 at Merit Medical Systems, up from $22.6 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $26.5 million in Q4 2025 to a low of $17.4 million in Q1 2022.
  • Average Research & Development over 5 years is $21.7 million, with a median of $21.4 million recorded in 2023.
  • Year-over-year, Research & Development advanced 0.15% in 2022 and grew 22.59% in 2023.
  • Over 5 years, Research & Development stood at $20.4 million in 2022, then grew by 5.89% to $21.6 million in 2023, then advanced by 16.43% to $25.2 million in 2024, then grew by 5.35% to $26.5 million in 2025, then slipped by 4.34% to $25.4 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $25.4 million in Q2 2026, $22.6 million in Q1 2026, and $26.5 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 180.74 Bn 175.14 Bn 7.27 Bn 892.00 Mn
2 Intuitive Surgical 127.72 Bn 122.50 Bn 1.96 Bn 370.60 Mn
3 Medtronic 116.88 Bn 108.06 Bn 6.34 Bn 771.00 Mn
4 Stryker 104.10 Bn 100.62 Bn 4.50 Bn 434.00 Mn
5 Boston Scientific 63.74 Bn 63.20 Bn 3.85 Bn 554.00 Mn
6 Edwards Lifesciences 49.85 Bn 45.60 Bn 1.35 Bn 278.90 Mn
7 Alcon 33.03 Bn 31.58 Bn 1.68 Bn -663.00 Mn
8 Dexcom 32.15 Bn 30.20 Bn 830.00 Mn 153.00 Mn
9 Steris 20.63 Bn 20.15 Bn 684.20 Mn 28.60 Mn
10 Merit Medical Systems 5.14 Bn 4.69 Bn 215.17 Mn 25.39 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 25.39 Mn
Mar 31, 2026 22.61 Mn
Dec 31, 2025 26.54 Mn
Sep 30, 2025 23.97 Mn
Jun 30, 2025 24.37 Mn
Mar 31, 2025 22.48 Mn
Dec 31, 2024 25.19 Mn
Sep 30, 2024 20.53 Mn
Jun 30, 2024 20.26 Mn
Mar 31, 2024 21.48 Mn
Dec 31, 2023 21.64 Mn
Sep 30, 2023 19.65 Mn
Jun 30, 2023 20.13 Mn
Mar 31, 2023 21.31 Mn
Dec 31, 2022 20.44 Mn
Sep 30, 2022 19.22 Mn
Jun 30, 2022 18.47 Mn
Mar 31, 2022 17.39 Mn
Dec 31, 2021 20.41 Mn
Sep 30, 2021 16.97 Mn