Growth Metrics

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

Merit Medical Systems recorded quarterly Work In Process of $46.5 million in Q1 2026, up 43.65% quarter-over-quarter from $32.4 million in Q4 2025, and up 28.67% year-over-year from $36.2 million in Q1 2025.

Merit Medical Systems' Work In Process history runs 11 years deep, the most recent figure standing at $46.5 million for Q1 2026.

  • In Q1 2026, Work In Process rose 28.67% year-over-year to $46.5 million; the TTM figure through Mar 2026 stood at $46.5 million (up 28.67% YoY), while the FY2025 annual figure 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.
  • 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 soared 33.28% in 2022 and dropped 13.93% in 2023, its largest moves.
  • Merit Medical Systems' Work In Process stood at $29.5 million in 2022, then dropped by 13.93% to $25.4 million in 2023, then rose by 6.66% to $27.1 million in 2024, then climbed by 19.46% to $32.4 million in 2025, then surged by 43.65% to $46.5 million in 2026.
  • According to Business Quant data, Work In Process over the past three periods registered $46.5 million, $32.4 million, and $37.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Intuitive Surgical 156.17 Bn 151.78 Bn 1.83 Bn
2 Becton Dickinson 41.51 Bn 40.49 Bn 2.15 Bn
3 Resmed 30.43 Bn 28.77 Bn 890.98 Mn
4 West Pharmaceutical Services 22.78 Bn 22.26 Bn 296.40 Mn
5 Solventum 13.39 Bn 13.39 Bn 1.10 Bn
6 Cooper Companies 12.33 Bn 12.20 Bn 695.20 Mn
7 Align Technology 11.65 Bn 10.59 Bn 736.59 Mn
8 Baxter International 9.81 Bn 7.77 Bn 891.00 Mn
9 Aptargroup 7.39 Bn 7.19 Bn 351.91 Mn
10 Merit Medical Systems 3.79 Bn 3.30 Bn 184.80 Mn

Historic Data

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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
Mar 31, 2021 24.75 Mn
Dec 31, 2020 19.31 Mn
Sep 30, 2020 23.77 Mn
Jun 30, 2020 20.15 Mn
Mar 31, 2020 24.59 Mn
Dec 31, 2019 17.60 Mn
Sep 30, 2019 24.37 Mn
Dec 31, 2018 14.38 Mn
Jun 30, 2016 12.70 Mn
Dec 31, 2015 8.54 Mn