MERIT MEDICAL SYSTEMS INC

For the period ended Dec 31, 2025. Filed Feb 24, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 24, 2026

MMSI$88.42+1.4%Stored close · as of Nov 9, 2026

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Contents


PART I

Item 1.	Business		3

Item 1A.	Risk Factors		20

Item 1B.	Unresolved Staff Comments		35

Item 1C.	Cybersecurity		35

Item 2.	Properties		36

Item 3.	Legal Proceedings		36

Item 4.	Mine Safety Disclosures		36

PART II

Item 5.	Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities		37

Item 6.	Reserved		38

Item 7.	Management’s Discussion and Analysis of Financial Condition and Results of Operations		39

Item 7A.	Quantitative and Qualitative Disclosures About Market Risk		46

Item 8.	Financial Statements and Supplementary Data		47

Item 9.	Changes in and Disagreements with Accountants on Accounting and Financial Disclosure		92

Item 9A.	Controls and Procedures		92

Item 9B.	Other Information		94

PART III

Item 10.	Directors, Executive Officers and Corporate Governance		94

Item 11.	Executive Compensation		94

Item 12.	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters		94

Item 13.	Certain Relationships and Related Transactions and Director Independence		94

Item 14.	Principal Accountant Fees and Services		94

PART IV

Item 15.	Exhibits and Financial Statement Schedules		94


SIGNATURES		103

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.

About this filing

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