Merit Medical Systems annual operating margin
2009
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2025
Merit Medical Systems Operating Margin Growth & History (MMSI)
Merit Medical Systems's operating margin was 12.19% for fiscal 2025.
View full Merit Medical Systems company overviewMerit Medical Systems annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 12.19% | +0.71 pp |
| 2024 | 2024-12-31 | 11.48% | +1.62 pp |
| 2023 | 2023-12-31 | 9.86% | +2.25 pp |
| 2022 | 2022-12-31 | 7.61% | +1.94 pp |
| 2021 | 2021-12-31 | 5.67% | +5.83 pp |
| 2020 | 2020-12-31 | −0.16% | −1.71 pp |
| 2019 | 2019-12-31 | 1.55% | −5.09 pp |
| 2018 | 2018-12-31 | 6.64% | +2.10 pp |
| 2017 | 2017-12-31 | 4.54% | −1.23 pp |
| 2016 | 2016-12-31 | 5.78% | −3.46 pp |
| 2011 | 2011-12-31 | 9.23% | +3.44 pp |
| 2010 | 2010-12-31 | 5.80% | −6.96 pp |
| 2009 | 2009-12-31 | 12.76% | — |
Merit Medical Systems quarterly operating margin
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Q3.17
Q1.18
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Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
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Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 14.42% | +2.16 pp |
| Q1 2026 | 2026-03-31 | 11.56% | +0.02 pp |
| Q4 2025 | 2025-12-31 | 13.76% | +3.46 pp |
| Q3 2025 | 2025-09-30 | 11.09% | +0.13 pp |
| Q2 2025 | 2025-06-30 | 12.26% | −1.34 pp |
| Q1 2025 | 2025-03-31 | 11.55% | +0.44 pp |
| Q4 2024 | 2024-12-31 | 10.30% | −0.06 pp |
| Q3 2024 | 2024-09-30 | 10.96% | −0.18 pp |
| Q2 2024 | 2024-06-30 | 13.59% | +4.59 pp |
| Q1 2024 | 2024-03-31 | 11.10% | +2.24 pp |
| Q4 2023 | 2023-12-31 | 10.36% | −0.01 pp |
| Q3 2023 | 2023-09-30 | 11.15% | +4.65 pp |
| Q2 2023 | 2023-06-30 | 9.00% | +1.12 pp |
| Q1 2023 | 2023-03-31 | 8.87% | +3.34 pp |
| Q4 2022 | 2022-12-31 | 10.37% | +2.50 pp |
| Q3 2022 | 2022-09-30 | 6.50% | +0.53 pp |
| Q2 2022 | 2022-06-30 | 7.88% | +4.71 pp |
| Q1 2022 | 2022-03-31 | 5.53% | −0.17 pp |
| Q4 2021 | 2021-12-31 | 7.86% | +1.66 pp |
| Q3 2021 | 2021-09-30 | 5.97% | +5.94 pp |
| Q2 2021 | 2021-06-30 | 3.17% | +11.87 pp |
| Q1 2021 | 2021-03-31 | 5.70% | +5.14 pp |
| Q4 2020 | 2020-12-31 | 6.20% | +7.53 pp |
| Q3 2020 | 2020-09-30 | 0.03% | +1.21 pp |
| Q2 2020 | 2020-06-30 | −8.70% | −13.47 pp |
| Q1 2020 | 2020-03-31 | 0.56% | −3.44 pp |
| Q4 2019 | 2019-12-31 | −1.32% | −7.18 pp |
| Q3 2019 | 2019-09-30 | −1.19% | −10.69 pp |
| Q2 2019 | 2019-06-30 | 4.77% | −1.95 pp |
| Q1 2019 | 2019-03-31 | 4.00% | −0.33 pp |
| Q4 2018 | 2018-12-31 | 5.86% | +5.37 pp |
| Q3 2018 | 2018-09-30 | 9.50% | +2.34 pp |
| Q2 2018 | 2018-06-30 | 6.72% | — |
| Q1 2018 | 2018-03-31 | 4.32% | — |
| Q3 2017 | 2017-09-30 | 0.49% | — |
| Q2 2017 | 2017-06-30 | 7.16% | — |
Merit Medical Systems operating margin trends
Over the last five reported fiscal years, Merit Medical Systems's operating margin increased from −0.16% to 12.19%, a change of +12.35 percentage points. The latest reported quarter, Q2 2026, shows 14.42%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Merit Medical Systems filings at SEC.gov ↗