Merit Medical Systems, Inc. (MMSI) Earnings History
Profitable35 years of earnings data (1991–2025) · Positive TTM net income
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Merit Medical Systems, Inc. (MMSI) Earnings Overview
As of June 22, 2026, Merit Medical Systems, Inc. (MMSI) reported trailing twelve-month net income of $139M, reflecting +4.9% year-over-year growth. The company earned $2.32 per diluted share over the past four quarters, with a net profit margin of 8.5%.
Looking at the long-term picture, MMSI's historical earnings data spans multiple years. The company achieved its highest annual net income of $128M in fiscal 2025, representing a new all-time high.
Merit Medical Systems, Inc. maintains positive profitability with a gross margin of 48.7%, operating margin of 12.2%, and net margin of 8.5%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including ITGR ($142M net income, 5.6% margin), NNOX (-$56M net income, -474.3% margin), ATRC (-$5M net income, -2.1% margin), MMSI has outperformed on profitability metrics. Compare MMSI vs ITGR →
MMSI Earnings vs Peers
Earnings metrics vs comparable public companies
MMSI Historical Earnings Data (1991–2025)
35 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $128M | +6.8% | $184M | $2.13 | 8.5% | 12.2% |
| 2024 | $120M | +27.5% | $156M | $2.03 | 8.9% | 11.5% |
| 2023 | $94M | +26.7% | $124M | $1.62 | 7.5% | 9.9% |
| 2022 | $75M | +53.8% | $88M | $1.29 | 6.5% | 7.6% |
| 2021 | $48M | +592.3% | $61M | $0.84 | 4.5% | 5.7% |
| 2020 | -$10M | -280.6% | -$2M | $-0.18 | -1.0% | -0.2% |
| 2019 | $5M | -87.0% | $15M | $0.10 | 0.5% | 1.6% |
| 2018 | $42M | +52.7% | $59M | $0.78 | 4.8% | 6.6% |
| 2017 | $28M | +36.8% | $33M | $0.55 | 3.8% | 4.5% |
| 2016 | $20M | -15.5% | $35M | $0.45 | 3.3% | 5.8% |
| 2015 | $24M | +3.6% | $38M | $0.53 | 4.4% | 6.9% |
| 2014 | $23M | +38.6% | $40M | $0.53 | 4.5% | 7.9% |
| 2013 | $17M | -15.9% | $28M | $0.39 | 3.7% | 6.2% |
| 2012 | $20M | -14.5% | $30M | $0.46 | 5.0% | 7.5% |
| 2011 | $23M | +84.9% | $33M | $0.58 | 6.4% | 9.2% |
| 2010 | $12M | -44.7% | $17M | $0.34 | 4.2% | 5.8% |
| 2009 | $23M | +8.7% | $33M | $0.63 | 8.8% | 12.8% |
| 2008 | $21M | +33.0% | $31M | $0.58 | 9.1% | 13.6% |
| 2007 | $16M | +26.7% | $23M | $0.44 | 7.5% | 11.1% |
| 2006 | $12M | -22.0% | $19M | $0.35 | 6.5% | 10.0% |
| 2005 | $16M | -12.0% | $24M | $0.46 | 9.5% | 14.1% |
| 2004 | $18M | +3.7% | $27M | $0.52 | 11.8% | 18.1% |
| 2003 | $17M | +52.9% | $26M | $0.51 | 12.7% | 18.9% |
| 2002 | $11M | +67.9% | $17M | $0.34 | 9.7% | 14.4% |
| 2001 | $7M | +714.9% | $10M | $0.23 | 6.5% | 9.6% |
| 2000 | $826,557 | -74.2% | $3M | $0.03 | 0.9% | 3.8% |
| 1999 | $3M | +28.0% | $6M | $0.12 | 4.1% | 7.8% |
| 1998 | $3M | +212.5% | $5M | $0.10 | 3.7% | 7.7% |
| 1997 | $800,000 | -63.6% | $3M | $0.03 | 1.3% | 4.5% |
| 1996 | $2M | +83.3% | $4M | $0.09 | 4.4% | 8.7% |
| 1995 | $1M | -7.7% | $3M | $0.05 | 2.8% | 5.9% |
| 1994 | $1M | -27.8% | $2M | $0.05 | 3.9% | 6.0% |
| 1993 | $2M | +50.0% | $3M | $0.08 | 7.1% | 10.2% |
| 1992 | $1M | -7.7% | $2M | $0.05 | 6.5% | 9.2% |
| 1991 | $1M | - | $2M | $0.06 | 12.4% | 14.3% |
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MMSI — Frequently Asked Questions
Quick answers to the most common questions about buying MMSI stock.
What is MMSI earnings per share (EPS)?
MMSI trailing twelve-month (TTM) diluted EPS is $2.32, reflecting +4.9% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 1991 to 2025 is available in the table on this page.
What is Merit Medical Systems, Inc.'s net income?
Merit Medical Systems, Inc. (MMSI) trailing twelve-month net income is $139M as of 2025. Earnings grew +4.9% year-over-year. Merit Medical Systems, Inc. has been profitable for 5 consecutive years.
Is MMSI profitable?
Yes, MMSI is profitable with a TTM net income of $139M and a net profit margin of +8.5%. Merit Medical Systems, Inc. has generated profits for 5 consecutive years.
What is MMSI's earnings growth rate?
MMSI compound annual EPS growth rates (CAGR): 1-Year: +4.9%, 3-Year: +18.2%, 5-Year: N/A, 10-Year: +14.9%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1991 to 2025.
What are MMSI's profit margins?
Merit Medical Systems, Inc. net profit margin is +8.5%, operating margin is +12.2%, and gross margin is +48.7%. Margins are within a typical range for the sector. Return on Equity is +8.7%.
Is MMSI growing earnings?
MMSI earnings growth is slowing. Current YoY EPS growth of +4.9% trails the 5-year CAGR of N/A. TTM net income is $139M.
What was MMSI's best earnings year?
Merit Medical Systems, Inc.'s highest annual net income on record is $128M, achieved in fiscal year 2025. Earnings history on this page spans 1991 to 2025 and includes all annual and quarterly figures.
What were MMSI's earnings last quarter?
MMSI's most recent reported quarter was Q1 2026. Net income was $41M with diluted EPS of $0.68. For a full breakdown of all quarters, see the quarterly earnings table on this page.