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MERIT MEDICAL SYSTEMS INC

Financial highlights

MetricFY December 31, 2025FY December 31, 2024FY December 31, 2023FY December 31, 2022FY December 31, 2021
Revenue$1.5B$1.4B$1.3B$1.2B$1.1B
Gross profit$738.3M$643.3M$583.9M$519.1M$485.3M
Operating income$184.7M$155.7M$123.9M$87.6M$60.9M
Operating expenses$553.5M$487.6M$459.9M$431.5M$424.4M
Cost of revenue$777.6M$713.2M$673.5M$631.9M$589.4M
Cash from operations$297.4M$220.8M$145.2M$114.3M$147.2M
Capital expenditure$81.7M$35.1M$34.3M$45.0M$27.9M
Free cash flow$215.7M$185.7M$110.9M$69.3M$119.3M
Impairments$0$0$270,000$2.2M$4.3M
Total assets$2.7B$2.4B$2.3B$1.7B$1.6B
Total liabilities$1.1B$1.0B$1.1B$519.6M$608.5M
Total debt$747.5M$747.5M$846.6M$198.2M$243.1M

Shares outstanding 59.7M · Free float 94.8%

Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.