Merit Medical Systems annual operating expenses
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Merit Medical Systems Operating Expenses Growth & History (MMSI)
Merit Medical Systems's operating expenses was $553.5M for fiscal 2025.
View full Merit Medical Systems company overviewMerit Medical Systems annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $553.5M | $65.9M | +13.52% |
| 2024 | 2024-12-31 | $487.6M | $27.7M | +6.03% |
| 2023 | 2023-12-31 | $459.9M | $28.4M | +6.58% |
| 2022 | 2022-12-31 | $431.5M | $7.1M | +1.68% |
| 2021 | 2021-12-31 | $424.4M | $21.7M | +5.38% |
| 2020 | 2020-12-31 | $402.7M | −$14.2M | −3.40% |
| 2019 | 2019-12-31 | $416.9M | $80.8M | +24.03% |
| 2018 | 2018-12-31 | $336.2M | $43.0M | +14.66% |
| 2017 | 2017-12-31 | $293.2M | $63.0M | +27.39% |
| 2016 | 2016-12-31 | $230.1M | $31.9M | +16.10% |
| 2015 | 2015-12-31 | $198.2M | $13.2M | +7.12% |
| 2014 | 2014-12-31 | $185.1M | $18.5M | +11.13% |
| 2013 | 2013-12-31 | $166.5M | $14.2M | +9.30% |
| 2012 | 2012-12-31 | $152.4M | $20.1M | +15.17% |
| 2011 | 2011-12-31 | $132.3M | $21.0M | +18.85% |
| 2010 | 2010-12-31 | $111.3M | $35.3M | +46.53% |
| 2009 | 2009-12-31 | $76.0M | — | — |
Merit Medical Systems quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $154.8M | $17.2M | +12.47% |
| Q1 2026 | 2026-03-31 | $140.6M | $9.7M | +7.37% |
| Q4 2025 | 2025-12-31 | $141.2M | $4.7M | +3.47% |
| Q3 2025 | 2025-09-30 | $143.8M | $23.5M | +19.56% |
| Q2 2025 | 2025-06-30 | $137.6M | $22.5M | +19.50% |
| Q1 2025 | 2025-03-31 | $131.0M | $15.2M | +13.12% |
| Q4 2024 | 2024-12-31 | $136.4M | $19.5M | +16.68% |
| Q3 2024 | 2024-09-30 | $120.3M | $13.2M | +12.34% |
| Q2 2024 | 2024-06-30 | $115.2M | −$8.8M | −7.11% |
| Q1 2024 | 2024-03-31 | $115.8M | $3.8M | +3.41% |
| Q4 2023 | 2023-12-31 | $116.9M | $12.8M | +12.27% |
| Q3 2023 | 2023-09-30 | $107.1M | −$2.9M | −2.60% |
| Q2 2023 | 2023-06-30 | $124.0M | $12.2M | +10.87% |
| Q1 2023 | 2023-03-31 | $112.0M | $6.3M | +5.97% |
| Q4 2022 | 2022-12-31 | $104.1M | −$2.8M | −2.60% |
| Q3 2022 | 2022-09-30 | $109.9M | $5.4M | +5.12% |
| Q2 2022 | 2022-06-30 | $111.8M | −$3.4M | −2.98% |
| Q1 2022 | 2022-03-31 | $105.7M | $8.0M | +8.16% |
| Q4 2021 | 2021-12-31 | $106.9M | $11.8M | +12.35% |
| Q3 2021 | 2021-09-30 | $104.6M | $2.6M | +2.56% |
| Q2 2021 | 2021-06-30 | $115.2M | $12.0M | +11.66% |
| Q1 2021 | 2021-03-31 | $97.7M | −$4.7M | −4.61% |
| Q4 2020 | 2020-12-31 | $95.2M | −$19.9M | −17.28% |
| Q3 2020 | 2020-09-30 | $102.0M | −$5.1M | −4.73% |
| Q2 2020 | 2020-06-30 | $103.2M | $3.4M | +3.46% |
| Q1 2020 | 2020-03-31 | $102.4M | $7.3M | +7.68% |
| Q4 2019 | 2019-12-31 | $115.0M | $24.0M | +26.41% |
| Q3 2019 | 2019-09-30 | $107.0M | $26.0M | +32.16% |
| Q2 2019 | 2019-06-30 | $99.8M | $14.9M | +17.51% |
| Q1 2019 | 2019-03-31 | $95.1M | $15.8M | +19.98% |
| Q4 2018 | 2018-12-31 | $91.0M | $18.6M | +25.63% |
| Q3 2018 | 2018-09-30 | $81.0M | $1.3M | +1.69% |
| Q2 2018 | 2018-06-30 | $84.9M | $14.1M | +19.94% |
| Q1 2018 | 2018-03-31 | $79.3M | $8.9M | +12.71% |
| Q4 2017 | 2017-12-31 | $72.4M | $14.8M | +25.64% |
| Q3 2017 | 2017-09-30 | $79.6M | $14.8M | +22.84% |
| Q2 2017 | 2017-06-30 | $70.8M | $15.5M | +28.05% |
| Q1 2017 | 2017-03-31 | $70.3M | $17.9M | +34.24% |
| Q4 2016 | 2016-12-31 | $57.7M | $5.4M | +10.33% |
| Q3 2016 | 2016-09-30 | $64.8M | $14.2M | +27.97% |
| Q2 2016 | 2016-06-30 | $55.3M | $6.6M | +13.63% |
| Q1 2016 | 2016-03-31 | $52.4M | $5.7M | +12.24% |
| Q4 2015 | 2015-12-31 | $52.3M | $6.3M | +13.81% |
| Q3 2015 | 2015-09-30 | $50.7M | $5.3M | +11.72% |
| Q2 2015 | 2015-06-30 | $48.6M | $404,000 | +0.84% |
| Q1 2015 | 2015-03-31 | $46.7M | $1.1M | +2.47% |
| Q4 2014 | 2014-12-31 | $45.9M | $3.5M | +8.19% |
| Q3 2014 | 2014-09-30 | $45.3M | $2.7M | +6.35% |
| Q2 2014 | 2014-06-30 | $48.2M | $8.0M | +19.99% |
| Q1 2014 | 2014-03-31 | $45.6M | $4.3M | +10.47% |
| Q4 2013 | 2013-12-31 | $42.4M | $1.3M | +3.18% |
| Q3 2013 | 2013-09-30 | $42.6M | $6.4M | +17.62% |
| Q2 2013 | 2013-06-30 | $40.2M | $1.4M | +3.62% |
| Q1 2013 | 2013-03-31 | $41.2M | $5.1M | +14.03% |
| Q4 2012 | 2012-12-31 | $41.1M | $4.6M | +12.63% |
| Q3 2012 | 2012-09-30 | $36.3M | $1.7M | +4.94% |
| Q2 2012 | 2012-06-30 | $38.8M | $7.2M | +22.65% |
| Q1 2012 | 2012-03-31 | $36.2M | $6.6M | +22.28% |
| Q4 2011 | 2011-12-31 | $36.5M | — | — |
| Q3 2011 | 2011-09-30 | $34.5M | −$142,000 | −0.41% |
| Q2 2011 | 2011-06-30 | $31.6M | $8.0M | +33.60% |
| Q1 2011 | 2011-03-31 | $29.6M | — | — |
| Q3 2010 | 2010-09-30 | $34.7M | — | — |
| Q2 2010 | 2010-06-30 | $23.7M | — | — |
Merit Medical Systems operating expenses trends
Over the last five fiscal years, Merit Medical Systems's operating expenses increased from $402.7M to $553.5M, a change of $150.8M. The latest reported quarter, Q2 2026, shows $154.8M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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