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| Date | Value |
|---|---|
| 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 |