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Merit Medical Systems (MMSI) R&D spending by quarter

Merit Medical Systems' R&D spending was $22.4M in Q3 2026 (third quarter 2026), -12% from Q2 2026. Over the last 7 quarters it ranged from $22.4M (Q3 2026) to $26.5M (Q4 2025).

Merit Medical Systems R&D spending by quarterMerit Medical Systems R&D spending by quarter$22.5MQ1 2025$24.4MQ2 2025$24.0MQ3 2025$26.5MQ4 2025$22.6MQ1 2026$25.4MQ2 2026$22.4MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$22.4M-12%-7%
Q2 2026$25.4M+12%+4%
Q1 2026$22.6M-15%+0.6%
Q4 2025$26.5M+11%—
Q3 2025$24.0M-2%—
Q2 2025$24.4M+8%—
Q1 2025$22.5M——

Q3 2026 at a glance

Merit Medical Systems, Q3 2026: revenue $416M (+8% year over year), operating margin 14.1%, net earnings $42.3M, operating cash flow $65.3M. The chart follows the revenue to costs, profit and cash.

Questions

What is Merit Medical Systems' R&D spending?

Merit Medical Systems' R&D spending was $22.4M in Q3 2026 (third quarter 2026), -12% from Q2 2026.

How has Merit Medical Systems' R&D spending changed?

Over the last 7 quarters it ranged from $22.4M (Q3 2026) to $26.5M (Q4 2025).

Q3 2026 results → · How Merit Medical Systems makes money →