The table below shows MERIT MEDICAL SYSTEMS INC's income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$1.52B
$1.36B
$1.26B
$1.15B
$1.07B
$963.88M
Cost of revenue
$777.64M
$713.18M
$673.49M
$631.88M
$589.42M
$562.70M
Gross profit
$738.27M
$643.33M
$583.87M
$519.10M
$485.33M
$401.18M
R&D
-
-
-
-
-
-
SG&A
MMSI annual revenue (10-K history)
MERIT MEDICAL SYSTEMS INC reported annual revenue of $1.52B for fiscal year 2025. That is up 11.8% from $1.36B in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $603.84M (FY 2016) to $1.52B. Figures come from the company's audited annual reports as filed with the SEC.