Merit Medical Systems, Inc. (MMSI) quarterly cash flow statement — complete operating, investing & financing history
Merit Medical Systems, Inc. (MMSI) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 65.27M | 69.28M | 40.68M | 98.51M | 74.98M | 83.31M | 40.57M | 68.74M | 47.33M | 68.51M | 36.22M | 62.25M | 51.07M | 17.29M | 14.54M | 28.01M | 35.49M | 38.78M | 12.01M | 45.81M |
| Operating CF Margin % | 15.68% | 16.54% | 10.65% | 24.99% | 19.51% | 21.81% | 11.45% | 19.36% | 13.93% | 20.27% | 11.19% | 19.26% | 16.2% | 5.4% | 4.89% | 9.55% | 12.36% | 13.15% | 4.36% | 16.45% |
| Operating CF Growth % | -12.95% | -16.84% | 0.27% | 43.3% | 58.41% | 21.61% | 12.03% | 10.43% | -7.32% | 296.31% | 148.99% | 122.26% | 43.9% | -55.43% | 21.11% | -38.87% | 42.09% | -5.88% | -65.91% | 24.11% |
| Net Income | 42.31M | 38.8M | 40.99M | 38.01M | 27.75M | 32.58M | 30.15M | 27.95M | 28.44M | 35.73M | 28.24M | 27.63M | 25.83M | 20.25M | 20.7M | 33.4M | 15.27M | 15.3M | 10.54M | 20.61M |
| Depreciation & Amortization | 31.84M | 33.97M | 33.35M | 34.33M | 34.24M | 33.8M | 32.28M | 31.6M | 29.38M | 27.03M | 26.72M | 26.31M | 26.73M | 25.05M | 23.2M | 23.07M | 23.11M | 22.97M | 23.05M | 23.67M |
| Stock-Based Compensation | 13.62M | 12.91M | 8.96M | 9.9M | 13.61M | 10.87M | 9.08M | 9.52M | 6.71M | 7.01M | 5.23M | 5.99M | 5.8M | 5.58M | 3.97M | 4.35M | 4.6M | 4.45M | 4.64M | 4.5M |
| Deferred Taxes | 0 | 0 | 0 | 5.21M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12.64M | 133K | 121K | 0 | -14.92M | 0 | 0 | 0 | -4.63M |
| Other Non-Cash Items | 5.52M | 2.35M | -10.56M | 3.09M | 1.72M | 1.56M | 2.53M | -11.08M | 1.81M | 1.88M | 1.57M | 1.17M | 902K | 7.61M | 853K | 2.61M | 1.23M | 7.53M | 4.49M | 636K |
| Working Capital Changes | -28.02M | -18.76M | -32.07M | 7.97M | -2.35M | 4.49M | -33.46M | 10.77M | -19.02M | -3.14M | -25.55M | 13.8M | -8.33M | -41.32M | -34.18M | -20.5M | -8.72M | -11.46M | -30.72M | 1.03M |
| Change in Receivables | 2.52M | -20.49M | -1.32M | 8.95M | -3.53M | -2.44M | -5.7M | 36K | -10.72M | -6.44M | -4.58M | 4.03M | 2.13M | -1.1M | -4.88M | -6.05M | 409K | -5.62M | -3.85M | -2.44M |
| Change in Inventory | -16.29M | -20.92M | -22.66M | -6.53M | -3.35M | -1.12M | -10.6M | 557K | -5.96M | 3.5M | -382K | 2.32M | 1.08M | -12.53M | -22.97M | -17.19M | -15.97M | -5.59M | -9.18M | -14M |
| Change in Payables | -5.3M | 5.7M | 4.49M | -2.42M | -269K | -756K | 4.45M | 4.17M | 607K | 7.05M | -14.15M | 13.04M | -13.08M | -4.29M | 2.44M | 2.91M | 6.04M | 1.04M | 2.67M | 4.87M |
| Cash from Investing | -22.32M | -110.13M | 7.73M | -50.34M | -24.07M | -143.35M | -29.64M | -214.45M | -115.67M | -16.49M | -22.05M | -8.34M | -9.25M | -142.9M | -14.86M | -17.33M | -16.77M | -13.43M | -9.87M | -14.61M |
| Capital Expenditures | -13.02M | -18.19M | -16.77M | -21.52M | -23.47M | 21.52M | -21.52M | -4.24M | -9.92M | -11.34M | -12.54M | -7.79M | -8.6M | -5.5M | -12.79M | -12.49M | -15.78M | -7.24M | -9.53M | -8.33M |
| CapEx % of Revenue | 3.13% | 4.34% | 4.39% | 5.46% | 6.11% | 5.63% | 6.07% | 1.19% | 2.92% | 3.36% | 3.88% | 2.41% | 2.73% | 1.72% | 4.3% | 4.26% | 5.49% | 2.45% | 3.46% | 2.99% |
| Acquisitions | -52K | -91.94M | 24.5M | -21.93M | -279K | -121.56M | -1M | -206.44M | -105.25M | -5.15M | -3.35M | 451K | 71K | -136.35M | -2M | -3.58M | 4K | -4.71M | 0 | -5.31M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -9.24M | 0 | 0 | -6.88M | -315K | -43.31M | -7.12M | -3.77M | -497K | 2K | -6.16M | -1M | -729K | -1.05M | -71K | -1.26M | -997K | -1.48M | -342K | -967K |
| Cash from Financing | 11.61M | 948K | -6.29M | 5.06M | -365K | 4.35M | 6.96M | 2.43M | -47.57M | 3.14M | -18M | 472.81M | -54.55M | 141.51M | -497K | -5.75M | -27.07M | -13.2M | -14.24M | -32.47M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -23M | -52M | 0 | -24.06M | 530.7M | -52.94M | 142.18M | -365K | -18.68M | -29.38M | -6.5M | 9.63M | -35.88M |
| Equity Issued (Net) | 11.65M | 1.85M | 2.77M | 6.03M | 2.17M | 6.86M | 13.15M | 25.48M | 4.49M | 3.2M | 7.73M | 4.14M | 1.98M | 5.43M | 4.03M | 13.34M | 3.49M | 1.6M | 1.64M | 3.49M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -39K | -900K | -9.06M | -972K | -2.53M | -2.52M | -6.2M | -52K | -67K | -64K | -1.67M | -62.03M | -3.6M | -6.11M | -4.16M | -405K | -1.17M | -8.31M | -25.51M | -86K |
| Net Change in Cash | 54.88M | -39.34M | 41.7M | 53.99M | 50.65M | -53.68M | 18.83M | -146.51M | -113.44M | 54.73M | -5.16M | 528.41M | -13.42M | 14.02M | -432K | 6.97M | -11.64M | 9.47M | -11.99M | -1.15M |
| Free Cash Flow | 52.25M | 51.09M | 23.91M | 76.99M | 51.51M | 104.83M | 19.05M | 64.51M | 37.41M | 57.16M | 23.67M | 54.46M | 42.47M | 11.79M | 1.76M | 15.52M | 19.71M | 31.55M | 2.48M | 37.49M |
| FCF Margin % | 12.55% | 12.2% | 6.26% | 19.53% | 13.41% | 27.44% | 5.38% | 18.16% | 11.01% | 16.91% | 7.32% | 16.84% | 13.47% | 3.68% | 0.59% | 5.29% | 6.86% | 10.69% | 0.9% | 13.46% |
| FCF Growth % | 1.44% | -51.27% | 25.51% | 19.35% | 37.69% | 83.38% | -19.51% | 18.45% | -11.92% | 385.02% | 1245.06% | 250.93% | 115.46% | -62.64% | -29.15% | -58.61% | 12.46% | -6.62% | -91.24% | 45.71% |
| FCF per Share | 0.87 | 0.85 | 0.40 | 1.28 | 0.86 | 1.73 | 0.31 | 1.06 | 0.63 | 0.97 | 0.40 | 0.93 | 0.73 | 0.20 | 0.03 | 0.27 | 0.34 | 0.55 | 0.04 | 0.65 |
| FCF Conversion (FCF/Net Income) | 1.54x | 1.79x | 0.99x | 2.59x | 2.70x | 2.56x | 1.35x | 2.46x | 1.66x | 1.92x | 1.28x | 2.25x | 1.98x | 0.85x | 0.70x | 0.84x | 2.32x | 2.54x | 1.14x | 2.22x |
| Interest Paid | 11.53M | 5.1M | 10.72M | -4.9M | 12.36M | 1.17M | 12.36M | 2.27M | 16.57M | 2.01M | 2.39M | 4.48M | 5.89M | 1.68M | 2M | 2.17M | 1.77M | 1.32M | 993K | 1.11M |
| Taxes Paid | 10.42M | 17.5M | 4.38M | 0 | 3.67M | 15.87M | 3.78M | -33.05M | 10.44M | 20.55M | 2.07M | 6.66M | 7.09M | 15.32M | 2.47M | 3.08M | 6.15M | 5.45M | 2.41M | 2.66M |