Merit Medical Systems (MMSI) Work In Process (2015 - 2026)
Merit Medical Systems' (MMSI) quarterly Work In Process came in at $46.5 million in Q1 2026, up 28.67% year-on-year from $36.2 million in Q1 2025, and up 43.65% quarter-over-quarter from $32.4 million in Q4 2025.
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 $46.5 million for Q1 2026.
- Work In Process for Q1 2026 came in at $46.5 million, up 28.67% year-over-year; the trailing twelve-month figure through Mar 2026 was $46.5 million (up 28.67% YoY), and the FY2025 annual result was $32.4 million, up 19.46% from the prior year.
- Work In Process came in at $46.5 million for Q1 2026 at Merit Medical Systems, up 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.
- The 5-year median for Work In Process is $34.4 million (2022), against an average of $34.4 million.
- Across the five-year window, Work In Process surged 33.28% in 2022 and slipped 13.93% in 2023, its largest moves.
- Merit Medical Systems' 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 jumped by 43.65% to $46.5 million in 2026.
- The last three Work In Process figures came in at $46.5 million (Q1 2026), $32.4 million (Q4 2025), and $37.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn |
| 10 | Merit Medical Systems | 4.03 Bn | 3.54 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 |