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
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