10-Q quarterly report · filed Oct 30, 2025

MERIT MEDICAL SYSTEMS INC (MMSI) Q3 2025 10-Q Quarterly Report

Short answer

MERIT MEDICAL SYSTEMS INC (MMSI) filed its Q3 2025 10-Q quarterly report on Oct 30, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $384M (up 13.0% year over year) with net income of $28M.

Q3 2025 key financials · XBRL

Revenue
$384M
+13.0% YoY · +0.4% QoQ
Net income
$28M
−2.4% YoY · −14.8% QoQ
Operating margin
11.1%
Gross margin
48.5%
EPS (diluted)
$0.46
−4.2% YoY · −14.8% QoQ

Source: XBRL data from the MERIT MEDICAL SYSTEMS INC (MMSI) Q3 2025 10-Q on SEC EDGAR. USD.

MERIT MEDICAL SYSTEMS INC Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Profitability or margin figures not provided
  • Management highlights multiple risks and uncertainties impacting future results without updated guidance or forecast

Risk Factors

  • New leadership transition risk triggered by CEO Fred Lampropoulos resignation and Martha Aronson appointment effective October 3, 2025
  • Most material update: increased labor cost risk in Mexico due to inflationary pressures and labor shortages impacting talent retention
  • No new material regulatory, legal, or compliance risks disclosed this quarter
  • Operational risk: potential disruption and inefficiencies from CEO transition affecting customer, supplier, and investor relationships
  • Financial risk: no key man life insurance on CEO or Executive Chairman increases vulnerability to sudden leadership loss

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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