Merit Medical Systems (MMSI) Work In Process (2015 - 2026)
Merit Medical Systems (MMSI) posted Work In Process of $44.5 million for Q2 2026, down 4.33% sequentially from $46.5 million in Q1 2026, and up 23.56% YoY from $36.0 million in Q2 2025.
Merit Medical Systems (MMSI) Work In Process (2015 - 2026) Analysis & Trends
Merit Medical Systems has reported Work In Process for 11 years, with the latest figure at $44.5 million in Q2 2026.
- Quarterly Work In Process rose 23.56% year-over-year to $44.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $44.5 million (up 23.56% YoY) and the FY2025 annual result came in at $32.4 million, up 19.46% from the prior year.
- Work In Process eased to $44.5 million in Q2 2026 per MMSI's latest filing, from $46.5 million in the prior quarter.
- Over five years, Work In Process peaked at $46.5 million in Q1 2026 and troughed at $25.4 million in Q4 2023.
- A 5-year average of $34.9 million and a median of $34.5 million in 2022 frame the typical range for Work In Process.
- The sharpest annual moves came in 2022 and 2023: Work In Process jumped 33.28% in 2022, then declined 13.93% in 2023.
- Over 5 years, Work In Process stood at $29.5 million in 2022, then declined by 13.93% to $25.4 million in 2023, then gained by 6.66% to $27.1 million in 2024, then grew by 19.46% to $32.4 million in 2025, then surged by 37.44% to $44.5 million in 2026.
- According to Business Quant data, Work In Process over the past three periods registered $44.5 million, $46.5 million, and $32.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Intuitive Surgical | 132.71 Bn | 127.50 Bn | 1.96 Bn |
| 2 | Becton Dickinson | 51.57 Bn | 50.71 Bn | 2.32 Bn |
| 3 | Alcon | 35.52 Bn | 34.17 Bn | 1.68 Bn |
| 4 | Resmed | 33.28 Bn | 31.81 Bn | 861.22 Mn |
| 5 | Medline | 27.86 Bn | 25.18 Bn | 2.22 Bn |
| 6 | West Pharmaceutical Services | 25.15 Bn | 24.71 Bn | 329.20 Mn |
| 7 | Solventum | 15.31 Bn | 14.91 Bn | 1.29 Bn |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn |
| 9 | Baxter International | 13.63 Bn | 11.48 Bn | 1.03 Bn |
| 10 | Merit Medical Systems | 5.39 Bn | 4.94 Bn | 215.17 Mn |
Historic Data
Download 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 |