Merit Medical Systems MMSI
NASDAQ MMSI
$86.36 -0.83 (-0.95%)
As of: Sep 10, 2026 · 3:50 PM EDT

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

Merit Medical Systems' (MMSI) quarterly Work In Process came in at $44.5 million in Q2 2026, up 23.56% year-over-year from $36.0 million in Q2 2025, and down 4.33% quarter-over-quarter from $46.5 million in Q1 2026.

Analysis

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 $44.5 million for Q2 2026.

  • In Q2 2026, Work In Process rose 23.56% year-over-year to $44.5 million; the TTM figure through Jun 2026 stood at $44.5 million (up 23.56% YoY), while the FY2025 annual figure was $32.4 million, up 19.46% from the prior year.
  • Work In Process came in at $44.5 million for Q2 2026 at Merit Medical Systems, down from $46.5 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.
  • Average Work In Process over 5 years is $34.9 million, with a median of $34.5 million recorded in 2022.
  • Year-over-year, Work In Process soared 33.28% in 2022 and dropped 13.93% in 2023.
  • Over 5 years, 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 soared by 37.44% to $44.5 million in 2026.
  • Per Business Quant data, the three most recent Work In Process figures were $44.5 million in Q2 2026, $46.5 million in Q1 2026, and $32.4 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Abbott Laboratories 179.71 Bn 174.10 Bn 7.27 Bn
2 Intuitive Surgical 128.01 Bn 122.80 Bn 1.96 Bn
3 Medtronic 117.20 Bn 108.38 Bn 6.34 Bn
4 Stryker 104.00 Bn 100.53 Bn 4.50 Bn
5 Boston Scientific 63.32 Bn 62.78 Bn 3.85 Bn
6 Edwards Lifesciences 49.95 Bn 45.70 Bn 1.35 Bn
7 Alcon 32.88 Bn 31.43 Bn 1.68 Bn
8 Dexcom 32.27 Bn 30.33 Bn 830.00 Mn
9 Steris 20.73 Bn 20.25 Bn 684.20 Mn
10 Merit Medical Systems 5.15 Bn 4.71 Bn 215.17 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 44.52 Mn
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