← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Merit Medical Systems grew revenue, remained profitable, generated positive free cash flow at a 12.2% operating margin. Capital spending and stock compensation grew faster than revenue.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 11.8%OK
- Profitability — Net income grew 6.8% to $128.489M from $120.357MOK
- Cash flow — Free cash flow grew 16.2% to $215.655M from $185.659MOK
- Margins — Operating margin expanded 71 bps to 12.19%OK
- Accounting — Capital spending and stock compensation grew faster than revenueNote
- Insiders — 5 purchases and 8 salesOK
Business
Merit Medical Systems manufactures interventional and diagnostic medical devices.
Where the revenue comes from
Fiscal 2025, as MERIT MEDICAL SYSTEMS INC reports it. History and quarterly detail are in the app.
- Cardiovascular$1.4B
- Endoscopy$72.9M
Leadership changes
From MERIT MEDICAL SYSTEMS INC's own filings, the day they're filed.
- Martha G. Aronson · CEO · departureeff. 2025-10-03
- Joseph C. Wright · President · departureeff. 2025-01-03
- Fred P. Lampropoulos · Chief Executive Officer · departureeff. 2024-05-15
Latest filings
- 8-K · Company announcement2026-08-20
- 10-Q · Quarterly report2026-07-30
- 8-K · Company announcement2026-07-30
- 8-K · Company announcement2026-05-19
- 8-K · Company announcement2026-04-30
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about MERIT MEDICAL SYSTEMS INC, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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