Merit Medical Systems (MMSI) Revenue & Revenue Breakdown

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Merit Medical Systems Revenue Highlights

Latest Revenue (Y)

$1.52B

Latest Revenue (Q)

$381.88M

Main Segment (Y)

Cardiovascular

Main Geography (Y)

Non-US

Merit Medical Systems Revenue by Period

Merit Medical Systems Revenue by Year

Date	Revenue	Change
2025-12-31	$1.52B	11.75%
2024-12-31	$1.36B	7.89%
2023-12-31	$1.26B	9.24%
2022-12-31	$1.15B	7.09%
2021-12-31	$1.07B	11.50%
2020-12-31	$963.88M	-3.11%
2019-12-31	$994.85M	12.70%
2018-12-31	$882.75M	21.28%
2017-12-31	$727.85M	20.54%
2016-12-31	$603.84M	11.38%
2015-12-31	$542.15M	6.37%
2014-12-31	$509.69M	13.50%
2013-12-31	$449.05M	13.89%
2012-12-31	$394.29M	9.69%
2011-12-31	$359.45M	21.13%
2010-12-31	$296.75M	15.26%
2009-12-31	$257.46M	13.35%
2008-12-31	$227.14M	9.33%
2007-12-31	$207.77M	8.97%
2006-12-31	$190.67M	14.46%
2005-12-31	$166.59M	10.03%
2004-12-31	$151.40M	11.36%
2003-12-31	$135.95M	16.97%
2002-12-31	$116.23M	11.72%
2001-12-31	$104.04M	13.77%
2000-12-31	$91.45M	17.24%
1999-12-31	$78.00M	14.04%
1998-12-31	$68.40M	12.87%
1997-12-31	$60.60M	20.00%
1996-12-31	$50.50M	18.54%
1995-12-31	$42.60M	27.93%
1994-12-31	$33.30M	31.10%
1993-12-31	$25.40M	-

Merit Medical Systems generated $1.52B in revenue during NA 2025, up 11.75% compared to the previous quarter, and up 157.27% compared to the same period a year ago.

Merit Medical Systems Revenue by Quarter

Date	Revenue	Change
2026-03-31	$381.88M	-3.06%
2025-12-31	$393.94M	2.55%
2025-09-30	$384.16M	0.44%
2025-06-30	$382.46M	7.63%
2025-03-31	$355.35M	0.05%
2024-12-31	$355.16M	4.51%
2024-09-30	$339.85M	0.54%
2024-06-30	$338.00M	4.48%
2024-03-31	$323.51M	0.07%
2023-12-31	$323.29M	2.56%
2023-09-30	$315.23M	-1.51%
2023-06-30	$320.06M	7.56%
2023-03-31	$297.56M	1.41%
2022-12-31	$293.42M	2.17%
2022-09-30	$287.18M	-2.64%
2022-06-30	$294.98M	7.10%
2022-03-31	$275.42M	-1.10%
2021-12-31	$278.49M	4.30%
2021-09-30	$267.02M	-4.75%
2021-06-30	$280.32M	12.62%
2021-03-31	$248.91M	-3.52%
2020-12-31	$258.00M	5.75%
2020-09-30	$243.97M	11.73%
2020-06-30	$218.37M	-10.33%
2020-03-31	$243.53M	-5.58%
2019-12-31	$257.92M	6.12%
2019-09-30	$243.05M	-4.89%
2019-06-30	$255.53M	7.21%
2019-03-31	$238.35M	2.19%
2018-12-31	$233.25M	5.23%
2018-09-30	$221.66M	-1.40%
2018-06-30	$224.81M	10.72%
2018-03-31	$203.03M	6.36%
2017-12-31	$190.90M	6.45%
2017-09-30	$179.34M	-3.87%
2017-06-30	$186.55M	9.05%
2017-03-31	$171.07M	8.47%
2016-12-31	$157.72M	0.47%
2016-09-30	$156.97M	3.91%
2016-06-30	$151.07M	9.41%
2016-03-31	$138.08M	-0.24%
2015-12-31	$138.40M	1.70%
2015-09-30	$136.09M	-1.45%
2015-06-30	$138.08M	6.56%
2015-03-31	$129.58M	-2.41%
2014-12-31	$132.78M	3.08%
2014-09-30	$128.81M	-0.04%
2014-06-30	$128.87M	8.08%
2014-03-31	$119.24M	-0.65%
2013-12-31	$120.02M	4.17%
2013-09-30	$115.21M	4.86%
2013-06-30	$109.88M	5.70%
2013-03-31	$103.95M	1.68%
2012-12-31	$102.23M	6.59%
2012-09-30	$95.91M	-4.60%
2012-06-30	$100.53M	5.14%
2012-03-31	$95.62M	4.97%
2011-12-31	$91.09M	0.68%
2011-09-30	$90.48M	-0.85%
2011-06-30	$91.25M	5.33%
2011-03-31	$86.63M	6.68%
2010-12-31	$81.20M	10.98%
2010-09-30	$73.17M	-2.37%
2010-06-30	$74.95M	11.15%
2010-03-31	$67.43M	-0.09%
2009-12-31	$67.50M	1.10%
2009-09-30	$66.76M	2.96%
2009-06-30	$64.84M	11.08%
2009-03-31	$58.37M	0.65%
2008-12-31	$58.00M	-0.27%
2008-09-30	$58.15M	1.24%
2008-06-30	$57.44M	7.26%
2008-03-31	$53.55M	-1.45%
2007-12-31	$54.34M	-

Merit Medical Systems generated $381.88M in revenue during Q1 2026, up -3.06% compared to the previous quarter, and up 107.52% compared to the same period a year ago.

Merit Medical Systems Revenue Breakdown

Merit Medical Systems Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 22	Dec 21	Dec 20
Endoscopy	$72.86M	$54.77M	$32.76M	$31.52M	-
Cardiovascular	$1.44B	$1.30B	$1.12B	$1.04B	-
Cardiovascular Segment	-	-	-	-	$934.20M
Endoscopy Segment	-	-	-	-	$29.67M

Merit Medical Systems's latest annual revenue breakdown by segment (product or service), as of Dec 25: Cardiovascular (95.19%), and Endoscopy (4.81%).

Quarterly Revenue by Product

Product/Service	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20
Therapeutic	$126.40M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Endoscopy	-	$20.06M	$17.73M	$18.44M	$16.64M	$17.46M	$16.99M	$10.19M	$10.13M	$8.78M	$9.59M	$7.75M	$8.23M	$8.31M	$8.48M	$8.27M	-	-	-	-
Cardiovascular	-	$373.88M	$366.43M	$364.02M	$338.71M	$337.70M	$322.86M	$327.81M	$313.37M	$311.27M	$287.98M	$285.67M	$278.95M	$286.67M	$266.94M	$270.23M	-	-	-	-
Cardiovascular Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$259.70M	$272.29M	$241.01M	$250.07M
Endoscopy Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$7.32M	$8.03M	$7.91M	$7.94M

Merit Medical Systems's latest quarterly revenue breakdown by segment (product or service), as of Mar 26: Therapeutic (100.00%).

Merit Medical Systems Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 22	Dec 21	Dec 20
Non-US	$606.44M	$555.73M	-	-	-
CHINA	-	$149.80M	$149.30M	$138.20M	-
UNITED STATES	-	$800.78M	-	-	-
C	-	-	-	-	$113.20M

Merit Medical Systems's latest annual revenue breakdown by geography, as of Dec 25: Non-US (100.00%).

Quarterly Revenue by Country

Country	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 18
UNITED STATES	$226.52M	$227.08M	$213.56M	$103.14M	-	-	-	-	-
Non-US	$155.36M	$155.71M	$153.56M	$155.38M	$141.79M	$279.04M	$133.35M	$143.34M	$92.72M

Merit Medical Systems's latest quarterly revenue breakdown by geography, as of Mar 26: UNITED STATES (59.32%), and Non-US (40.68%).

Merit Medical Systems Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
BLCO	Bausch + Lomb	$5.08B	$1.24B
BRKR	Bruker	$3.44B	$823.40M
TFX	Teleflex	$1.99B	$548.26M
PTCT	PTC Therapeutics	$1.73B	$272.55M
MMSI	Merit Medical Systems	$1.52B	$381.88M
ALKS	Alkermes	$1.48B	$392.91M
STVN	Stevanato Group S.p.A.	$1.06B	$237.38M
TGTX	TG Therapeutics	$616.29M	$204.92M
TMDX	TransMedics Group	$605.49M	$173.93M
KRYS	Krystal Biotech	$389.13M	$116.36M
GKOS	Glaukos	$383.48M	$150.57M

MMSI Revenue FAQ

What is Merit Medical Systems’s yearly revenue?

Merit Medical Systems's yearly revenue for 2025 was $1.52B, representing an increase of 11.75% compared to 2024. The company's yearly revenue for 2024 was $1.36B, representing an increase of 7.89% compared to 2023. MMSI's yearly revenue for 2023 was $1.26B, representing an increase of 9.24% compared to 2022.

What is Merit Medical Systems’s quarterly revenue?

Merit Medical Systems's quarterly revenue for Q1 2026 was $381.88M, a -3.06% decrease from the previous quarter (Q4 2025), and a 7.46% increase year-over-year (Q1 2025). The company's quarterly revenue for Q4 2025 was $393.94M, a 2.55% increase from the previous quarter (Q3 2025), and a 10.92% increase year-over-year (Q4 2024). MMSI's quarterly revenue for Q3 2025 was $384.16M, a 0.44% increase from the previous quarter (Q2 2025), and a 13.04% increase year-over-year (Q3 2024).

What is Merit Medical Systems’s revenue growth rate?

Merit Medical Systems's revenue growth rate for the last 3 years (2023-2025) was 20.56%, and for the last 5 years (2021-2025) was 41.05%.

What are Merit Medical Systems’s revenue streams?

Merit Medical Systems's revenue streams in c 25 are Endoscopy, and Cardiovascular. Endoscopy generated $72.86M in revenue, accounting 4.81% of the company's total revenue, up 33.04% year-over-year. Cardiovascular generated $1.44B in revenue, accounting 95.19% of the company's total revenue, up 10.85% year-over-year.

What is Merit Medical Systems’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Merit Medical Systems was Cardiovascular. This segment made a revenue of $1.44B, representing 95.19% of the company's total revenue.