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
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 |
| 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 |