Merit Medical Systems (MMSI) Work In Process (2015 - 2026)

Merit Medical Systems (MMSI) reported Work In Process of $46.5 million for Q1 2026, up 28.67% on a YoY basis from $36.2 million in Q1 2025, and up 43.65% sequentially from $32.4 million in Q4 2025.

Merit Medical Systems (MMSI) Work In Process (2015 - 2026) Analysis & Trends

Merit Medical Systems (MMSI) has 11 years of Work In Process data on file, last reported at $46.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Work In Process rose 28.67% year-over-year to $46.5 million; the trailing twelve-month figure through Mar 2026 stood at $46.5 million (up 28.67% YoY), and the FY2025 full-year result was $32.4 million, up 19.46% from the prior year.
  • Work In Process improved to $46.5 million in Q1 2026, from $32.4 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.
  • A 5-year average of $34.4 million and a median of $34.4 million in 2022 frame the typical range for Work In Process.
  • Across the five-year window, Work In Process surged 33.28% in 2022 and slipped 13.93% in 2023, its largest moves.
  • Tracing MMSI's Work In Process over 5 years: stood at $29.5 million in 2022, then decreased by 13.93% to $25.4 million in 2023, then grew by 6.66% to $27.1 million in 2024, then gained by 19.46% to $32.4 million in 2025, then soared by 43.65% to $46.5 million in 2026.
  • Business Quant data shows MMSI's Work In Process at $46.5 million in Q1 2026, $32.4 million in Q4 2025, and $37.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alcon 32,734,969.19 Bn 32,734,967.53 Bn 1.53 Bn
2 Intuitive Surgical 117.50 Bn 112.41 Bn 1.96 Bn
3 Becton Dickinson 42.93 Bn 42.11 Bn 2.15 Bn
4 Medline 30.82 Bn 36.66 Bn 1.84 Bn
5 Resmed 27.90 Bn 26.23 Bn 890.98 Mn
6 West Pharmaceutical Services 26.76 Bn 26.23 Bn 329.20 Mn
7 Cooper Companies 15.30 Bn 15.16 Bn 735.40 Mn
8 Solventum 13.46 Bn 12.90 Bn 1.10 Bn
9 Align Technology 12.02 Bn 10.96 Bn 736.59 Mn
10 Merit Medical Systems 4.36 Bn 3.87 Bn 184.80 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 30.68 Mn