Merit Medical Systems Reports Third-Quarter Revenue of $384.2 Million, Up 13%
Merit Medical Systems Inc. reported revenue of $384.2 million for the third quarter ended September 30, 2025, representing an increase of 13.0% compared to the same period in 2024. Constant currency revenue rose 12.5% year-over-year, while constant currency revenue, organic, increased 7.8%. The company reported a GAAP operating margin of 11.1%, up from 11.0% in the prior year period. Non-GAAP operating margin was 19.7%, compared to 19.2% in the previous year. GAAP earnings per share were $0.46, a decrease of 3.0%. Merit Medical Systems updated its full-year 2025 guidance, raising revenue and non-GAAP earnings per share expectations following the stronger-than-expected third quarter results. The company's President and CEO, Martha G. Aronson, affirmed Merit's commitment to growth initiatives and financial targets through 2026.
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