Merit Medical Systems (MMSI) Work In Process (2015 - 2026)
Merit Medical Systems' (MMSI) quarterly Work In Process came in at $44.5 million in Q2 2026, up 23.56% year-over-year from $36.0 million in Q2 2025, and down 4.33% quarter-over-quarter from $46.5 million in Q1 2026.
Analysis
Merit Medical Systems (MMSI) Work In Process (2015 - 2026) Analysis & Trends
Merit Medical Systems has disclosed Work In Process across 11 years of filings, most recently posting $44.5 million for Q2 2026.
- In Q2 2026, Work In Process rose 23.56% year-over-year to $44.5 million; the TTM figure through Jun 2026 stood at $44.5 million (up 23.56% YoY), while the FY2025 annual figure was $32.4 million, up 19.46% from the prior year.
- Work In Process came in at $44.5 million for Q2 2026 at Merit Medical Systems, down from $46.5 million in the prior quarter.
- In the past five years, Work In Process ranged from a high of $46.5 million in Q1 2026 to a low of $25.4 million in Q4 2023.
- Average Work In Process over 5 years is $34.9 million, with a median of $34.5 million recorded in 2022.
- Year-over-year, Work In Process soared 33.28% in 2022 and dropped 13.93% in 2023.
- Over 5 years, Work In Process stood at $29.5 million in 2022, then slipped by 13.93% to $25.4 million in 2023, then increased by 6.66% to $27.1 million in 2024, then advanced by 19.46% to $32.4 million in 2025, then soared by 37.44% to $44.5 million in 2026.
- Per Business Quant data, the three most recent Work In Process figures were $44.5 million in Q2 2026, $46.5 million in Q1 2026, and $32.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 179.71 Bn | 174.10 Bn | 7.27 Bn |
| 2 | Intuitive Surgical | 128.01 Bn | 122.80 Bn | 1.96 Bn |
| 3 | Medtronic | 117.20 Bn | 108.38 Bn | 6.34 Bn |
| 4 | Stryker | 104.00 Bn | 100.53 Bn | 4.50 Bn |
| 5 | Boston Scientific | 63.32 Bn | 62.78 Bn | 3.85 Bn |
| 6 | Edwards Lifesciences | 49.95 Bn | 45.70 Bn | 1.35 Bn |
| 7 | Alcon | 32.88 Bn | 31.43 Bn | 1.68 Bn |
| 8 | Dexcom | 32.27 Bn | 30.33 Bn | 830.00 Mn |
| 9 | Steris | 20.73 Bn | 20.25 Bn | 684.20 Mn |
| 10 | Merit Medical Systems | 5.15 Bn | 4.71 Bn | 215.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.52 Mn |
| Mar 31, 2026 | 46.53 Mn |
| Dec 31, 2025 | 32.39 Mn |
| Sep 30, 2025 | 37.19 Mn |
| Jun 30, 2025 | 36.03 Mn |
| Mar 31, 2025 | 36.16 Mn |
| Dec 31, 2024 | 27.11 Mn |
| Sep 30, 2024 | 37.69 Mn |
| Jun 30, 2024 | 38.05 Mn |
| Mar 31, 2024 | 36.28 Mn |
| Dec 31, 2023 | 25.42 Mn |
| Sep 30, 2023 | 34.09 Mn |
| Jun 30, 2023 | 33.78 Mn |
| Mar 31, 2023 | 34.65 Mn |
| Dec 31, 2022 | 29.53 Mn |
| Sep 30, 2022 | 32.47 Mn |
| Jun 30, 2022 | 34.40 Mn |
| Mar 31, 2022 | 32.51 Mn |
| Dec 31, 2021 | 22.16 Mn |
| Sep 30, 2021 | 33.30 Mn |