Company / Net Income
Merit Medical Systems, Inc. Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$128.5M
FY2025
5-year range
$5.5M / $128.5M
FY2021-FY2025
Trend
+6.8%
vs FY2024
Sector context
#64 of 164
Health Care
What the data says
At $128M, Merit Medical Systems, Inc.'s net income ranks #64 of 164 in the Health Care sector. Net Income has increased for 4 consecutive years, from $5M in FY2021 to $128M in FY2025.
Based on SEC 10-K filings.
$128M in FY2025 with a 5-year CAGR of +25.1%.
Improved from $94M to $128M over the past 2 years.
Health Care sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- +19.9%
- 5-Year CAGR
- +25.1%
- 10-Year CAGR
- -
Sector benchmark
#64 of 164 in Health CareTop 39% of 164This company $128.5M Sector average $467.5M
▼
-72.5% below sector average
Key checks
Key Insights
- Merit Medical Systems, Inc.'s net income has grown for 4 consecutive years.
- 5-year CAGR of +25.1%, indicating consistent growth.
- In FY2025, net income increased 6.8% year-over-year.
- Ranks #64 out of 164 companies in the Health Care sector.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $128.5M | +6.8% |
| FY2024 | $120.4M | +27.5% |
| FY2023 | $94.4M | +26.7% |
| FY2022 | $74.5M | +1267.0% |
| FY2021 | $5.5M | -87.0% |
| FY2020 | $42.0M | +52.7% |
| FY2019 | $27.5M | +36.8% |
| FY2018 | $20.1M | -15.5% |
| FY2017 | $23.8M | +3.6% |
| FY2016 | $23.0M | +38.6% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026