Merit Medical Systems, Inc. ($MMSI) reported solid third-quarter 2026 results, with revenue rising to $416.2 million, up 8.35% from a year ago. Gross profit increased to $200.6 million, while operating profit climbed 37.9% to $58.8 million, showing improved profitability across the business.
Bottom-line performance was especially strong. Net income attributable to common shareholders rose to $42.3 million, and diluted earnings per share came in at $0.70, both up more than 50% year over year. The company also ended the period with $503.6 million in cash and cash equivalents, up 28.31% from a year earlier.
On the cash flow side, Merit generated $65.3 million in operating cash flow during the quarter. Capital spending was lower at $12.3 million, helping support a stronger cash position as the company continued to manage its balance sheet.
- Revenue: $416.2 million
- Gross profit: $200.6 million
- Operating profit: $58.8 million
- Net income: $42.3 million
- Diluted EPS: $0.70
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Merit Medical Systems, Inc. Insider Trading Activity
Merit Medical Systems, Inc. insiders have traded $MMSI stock on the open market 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $MMSI stock by insiders over the last 6 months:
- NEIL W. PETERSON (CHIEF OPERATING OFFICER) has made 0 purchases and 2 sales selling 28,949 shares for an estimated $2,501,525.
- CHRISTIAN ADAM SMITH (Chief Commercial Officer) purchased 1,626 shares for an estimated $99,186
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Merit Medical Systems, Inc. Hedge Fund Activity
We have seen 231 institutional investors add shares of Merit Medical Systems, Inc. stock to their portfolio, and 187 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NEUBERGER BERMAN GROUP LLC added 996,617 shares (+17953.8%) to their portfolio in Q2 2026, for an estimated $69,105,422
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 743,937 shares (+inf%) to their portfolio in Q2 2026, for an estimated $51,584,591
- JPMORGAN CHASE & CO added 644,037 shares (+inf%) to their portfolio in Q2 2026, for an estimated $44,657,525
- BLACKROCK, INC. added 630,227 shares (+7.1%) to their portfolio in Q2 2026, for an estimated $43,699,940
- IRENIC CAPITAL MANAGEMENT LP added 542,589 shares (+inf%) to their portfolio in Q2 2026, for an estimated $37,623,121
- POINT72 ASSET MANAGEMENT, L.P. removed 538,203 shares (-72.5%) from their portfolio in Q2 2026, for an estimated $37,318,996
- FULLER & THALER ASSET MANAGEMENT, INC. removed 502,524 shares (-23.8%) from their portfolio in Q2 2026, for an estimated $34,845,014
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Merit Medical Systems, Inc. Government Contracts
We have seen $7,250 of award payments to $MMSI over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- PM SAVI SCOUT RADIOLOGY CONSOLE: $7,250
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
