0000856982-26-000034 | 11-K | XBRL Viewer | Merit Medical Systems INC

FAIR VALUE MEASUREMENTS - Schedule of Plan's Assets Fair Value Hierarchy (Details) - 401(k) PROFIT SHARING PLAN - USD ($)	Dec. 31, 2025	Dec. 31, 2024
FAIR VALUE MEASUREMENTS
Investments - at fair value	$ 247,523,763	$ 213,599,896
Fair value Level 1, 2 and 3
FAIR VALUE MEASUREMENTS
Investments - at fair value	123,800,951	164,245,727
Level 1
FAIR VALUE MEASUREMENTS
Investments - at fair value	123,800,951	164,245,727
Net asset value
FAIR VALUE MEASUREMENTS
Investments - at fair value	247,523,763	213,599,896
Interest bearing cash \| Fair value Level 1, 2 and 3
FAIR VALUE MEASUREMENTS
Investments - at fair value	2,843	2,964
Interest bearing cash \| Level 1
FAIR VALUE MEASUREMENTS
Investments - at fair value	2,843	2,964
Mutual funds \| Fair value Level 1, 2 and 3
FAIR VALUE MEASUREMENTS
Investments - at fair value	72,968,341	109,564,402
Mutual funds \| Level 1
FAIR VALUE MEASUREMENTS
Investments - at fair value	72,968,341	109,564,402
Self-directed brokerage accounts \| Fair value Level 1, 2 and 3
FAIR VALUE MEASUREMENTS
Investments - at fair value	8,605,447	6,706,231
Self-directed brokerage accounts \| Level 1
FAIR VALUE MEASUREMENTS
Investments - at fair value	8,605,447	6,706,231
Merit Medical Systems, Inc. common stock \| Fair value Level 1, 2 and 3
FAIR VALUE MEASUREMENTS
Investments - at fair value	42,224,320	47,972,130
Merit Medical Systems, Inc. common stock \| Level 1
FAIR VALUE MEASUREMENTS
Investments - at fair value	42,224,320	47,972,130
Common-collective trust funds \| Net asset value
FAIR VALUE MEASUREMENTS
Investments - at fair value	121,165,003	46,868,757
Stable value fund \| Net asset value
FAIR VALUE MEASUREMENTS
Investments - at fair value	$ 2,557,809	$ 2,485,412

FAIR VALUE MEASUREMENTS (Details)	12 Months Ended
Dec. 31, 2025
401(k) PROFIT SHARING PLAN
FAIR VALUE MEASUREMENTS
Notification period	12 months

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) - 401(k) PROFIT SHARING PLAN	12 Months Ended
	Dec. 31, 2025
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Accounting	Basis of Accounting — The accompanying financial statements have been prepared on the accrual basis in accordance with accounting principles generally accepted in the United States of America ("GAAP").
Use of Estimates	Use of Estimates — The preparation of financial statements in conformity with GAAP requires Plan management to make estimates and assumptions that affect the reported amounts of net assets available for benefits and changes therein. Actual results could differ from those estimates.
Risk and Uncertainties	Risk and Uncertainties — The Plan utilizes various investment instruments. Investment securities, in general, are exposed to various risks, such as interest rate risk, credit risk, and overall market volatility. Due to the level of risk associated with certain investment securities, it is reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect the amounts reported in the financial statements. Included in investments at December 31, 2025 and 2024 are shares of the Company’s common stock with a fair value of $42,224,320 and $47,972,130, respectively, held by the Plan within participant accounts. This investment represents 17.1% and 22.5% of total investments at December 31, 2025 and 2024, respectively. A significant decline in the market value of the Company’s stock would significantly affect the net assets available for benefits.
Contributions	Contributions — Employee contributions and the related employer matching contributions are recognized during the period in which employee contributions are withheld from compensation. Employee contributions and the related employer matching contributions withheld during the Plan year but not yet paid until after the Plan year ended are accrued and recorded as contributions receivable on the statements of net assets available for benefits.
Payment of Benefits	Payment of Benefits — Benefit payments to participants are recorded upon distribution. There were no amounts allocated to accounts of former participants who elected to withdraw from the Plan but had not been paid at December 31, 2025 and 2024.
Excess Contributions Payable	Excess Contributions Payable — The Plan is required to return contributions received during the Plan year in excess of IRC limits. As of December 31, 2025 and 2024, the total excess contribution payable was $265,502 and $271,051, respectively.
Investment Valuation and Income Recognition	Investment Valuation and Income Recognition — The Plan’s investments are stated at fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date. Net appreciation (depreciation) includes the Plan’s gains and losses on investments bought and sold as well as held during the year.
Administrative Expenses	Administrative Expenses — Management fees and operating expenses charged to the Plan for investments in mutual funds, common-collective trust funds and the stable value fund are deducted from income earned on a daily basis and are not separately reflected. Consequently, management fees and operating expenses are reflected as a reduction of investment return for such investments. Certain indirect administrative expenses are paid by the Company and are excluded from these financial statements. Expenses paid by the Plan include legal, accounting, trustee, recordkeeping, and other administrative fees and expenses associated with maintaining the Plan and are shown on the Statement of Changes in Net Assets Available for Benefits. The Plan has a revenue-sharing agreement whereby certain investment managers return a portion of the investment fees to the recordkeeper to offset the Plan’s administrative expenses. Future Plan expenses can be paid from any excess remaining revenue sharing amounts. For the year ended December 31, 2025, $12,350 was used to offset Plan expenses. The Plan held undistributed administrative revenues of $19,166 and $6,586, at December 31, 2025 and 2024, respectively. Effective January 1, 2025, Participants are allocated credits from the trustee based on daily investment balances in funds, as established by the trustee.
Notes Receivable from Participants	Notes Receivable from Participants — Notes receivable from plan participants are measured at their unpaid principal balance plus any accrued but unpaid interest. Delinquent participant loans are recorded as distributions based on the terms of the Plan document.

FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2025

401(k) PROFIT SHARING PLAN

FAIR VALUE MEASUREMENTS

Schedule of Plan's Assets Fair Value Hierarchy

The following table provides the amount and corresponding level of hierarchy for the Plan’s investments that were measured at fair value on a recurring basis as of December 31, 2025:


		Level 1			Level 2			Level 3			Total
Interest-bearing cash		$	2,843		$	—		$	—		$	2,843
Mutual funds			72,968,341			—			—			72,968,341
Self-directed brokerage accounts			8,605,447			—			—			8,605,447
Merit Medical Systems, Inc. common stock			42,224,320			—			—			42,224,320
Total assets in the fair value hierarchy		$	123,800,951		$	—		$	—		$	123,800,951
Investments measured at net asset value
Common-collective trust funds												121,165,003
Stable value fund												2,557,809
Total Investments — at fair value											$	247,523,763

The following table provides the amount and corresponding level of hierarchy for the Plan’s investments that were measured at fair value on a recurring basis as of December 31, 2024:


		Level 1			Level 2			Level 3			Total
Interest-bearing cash		$	2,964		$	—		$	—		$	2,964
Mutual funds			109,564,402			—			—			109,564,402
Self-directed brokerage accounts			6,706,231			—			—			6,706,231
Merit Medical Systems, Inc. common stock			47,972,130			—			—			47,972,130
Total assets in the fair value hierarchy		$	164,245,727		$	—		$	—		$	164,245,727
Investments measured at net asset value
Common-collective trust funds												46,868,757
Stable value fund												2,485,412
Total Investments — at fair value											$	213,599,896

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-3

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-3

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 962
-SubTopic 325
-Name Accounting Standards Codification
-Section 45
-Paragraph 5
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477509/962-325-45-5

Reference 4: http://www.xbrl.org/2003/role/exampleRef
-Topic 962
-SubTopic 325
-Name Accounting Standards Codification
-Section 45
-Paragraph 5
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477509/962-325-45-5

Reference 5: http://www.xbrl.org/2003/role/exampleRef
-Topic 962
-SubTopic 325
-Name Accounting Standards Codification
-Section 45
-Paragraph 5
-Subparagraph (j)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477509/962-325-45-5

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 14: http://www.xbrl.org/2003/role/exampleRef
-Topic 962
-SubTopic 325
-Name Accounting Standards Codification
-Section 45
-Paragraph 5
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477509/962-325-45-5

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 962
-SubTopic 205
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6A-04(2)(b))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477804/962-205-S99-1

Reference 16: http://www.xbrl.org/2003/role/exampleRef
-Topic 962
-SubTopic 325
-Name Accounting Standards Codification
-Section 45
-Paragraph 5
-Subparagraph (k)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477509/962-325-45-5

Reference 17: http://www.xbrl.org/2003/role/exampleRef
-Topic 962
-SubTopic 325
-Name Accounting Standards Codification
-Section 45
-Paragraph 5
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477509/962-325-45-5

Reference 18: http://www.xbrl.org/2003/role/exampleRef
-Topic 962
-SubTopic 325
-Name Accounting Standards Codification
-Section 45
-Paragraph 5
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477509/962-325-45-5

Reference 19: http://www.xbrl.org/2003/role/exampleRef
-Topic 962
-SubTopic 325
-Name Accounting Standards Codification
-Section 45
-Paragraph 5
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477509/962-325-45-5

Reference 20: http://www.xbrl.org/2003/role/exampleRef
-Topic 962
-SubTopic 325
-Name Accounting Standards Codification
-Section 45
-Paragraph 5
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477509/962-325-45-5

Reference 21: http://www.xbrl.org/2003/role/exampleRef
-Topic 962
-SubTopic 325
-Name Accounting Standards Codification
-Section 45
-Paragraph 5
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477509/962-325-45-5

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 962
-SubTopic 205
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6A-02(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477804/962-205-S99-1

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(2)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

+ Details

- Definition

Tabular disclosure of fair value of investment held by employee stock purchase, saving, or similar plan (employee benefit plan (EBP)), including, but not limited to, fair value measured at net asset value per share as practical expedient (NAV).

+ References

+ Details

RELATED PARTY AND PARTY-IN-INTEREST TRANSACTIONS (Details) - 401(k) PROFIT SHARING PLAN - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
RELATED PARTY AND PARTY-IN-INTEREST TRANSACTIONS
Investments - at fair value	$ 247,523,763	$ 213,599,896
Revenue sharing amounts used to offset plan expenses	12,350
Undistributed administrative revenues	19,166	6,586
Participant Contributions Transferred Late to the Plan	814,106
Fidelity Management Trust Company
RELATED PARTY AND PARTY-IN-INTEREST TRANSACTIONS
Revenue sharing amounts used to offset plan expenses	12,350
Undistributed administrative revenues	19,166	6,586
Participant Contributions Transferred Late to the Plan	$ 814,106	$ 0
Merit Medical Systems, Inc. common stock \| Company
RELATED PARTY AND PARTY-IN-INTEREST TRANSACTIONS
Number of shares	479,060	495,990
Investments - at fair value	$ 42,224,320	$ 47,972,130
Cost	23,386,636	$ 23,456,293
Purchases of shares	1,547,254
Sales of shares	$ 3,189,279

FAIR VALUE MEASUREMENTS

12 Months Ended

Dec. 31, 2025

401(k) PROFIT SHARING PLAN

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS

3. FAIR VALUE MEASUREMENTS

The fair values of investments are classified based on the lowest level of any input that is significant to the fair value measurement. The Plan used the following methods to determine fair value for purposes of the accompanying financial statements:

Level 1 — Quoted prices (unadjusted) in active markets for identical assets or liabilities that the Plan has the ability to access on the report date.

Level 2 — Inputs (such as financial matrices, models, valuation techniques), other than quoted market prices included in Level 1, that are observable for the asset or liability, either directly or indirectly. If the asset or liability has a specified (contractual) term, a Level 2 input must be observable for substantially the full term of the asset or liability.

Level 3 — Inputs (such as professional appraisals, quoted prices from inactive markets that require adjustment based on significant assumptions or data that is not current, data from independent sources) that are unobservable for the asset or liability.

Asset Valuation Techniques — The methods described may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, although the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.

Valuation techniques maximize the use of relevant observable inputs and minimize the use of unobservable inputs. The following is a description of the valuation methodologies used for assets measured at fair value.

Interest-Bearing Cash — Held primarily in short-term money market accounts, which are valued at cost plus accrued interest.

Mutual Funds — Valued at the daily closing price as reported by the fund. Mutual funds held by the Plan are open-ended mutual funds that are registered with the Securities and Exchange Commission. These funds are required to

publish their daily net asset value and to transact at that price. The mutual funds held by the Plan are deemed to be actively traded.

Common Stocks — Valued at the closing price reported on the active market on which the individual securities are traded.

Self-directed Brokerage Accounts — Underlying investments consist of common stocks and mutual funds.

Common-collective Trust Funds — Valued at the net asset value of units of a bank collective trust. The net asset value as provided by the trustee is used as a practical expedient to estimate fair value. The net asset value is based on the fair value of the underlying investments held by the fund less its liabilities. This practical expedient is not used when it is determined to be probable that the fund will sell the investment for an amount different than the reported net asset value. Participant transactions (purchases and sales) may occur daily. Were the Plan to initiate a full redemption of the collective trust, the investment advisor reserves the right to temporarily delay withdrawal from the trust in order to confirm that securities liquidations will be carried out in an orderly business manner.

Stable Value Fund — The Morley Stable Value Fund is a collective trust fund offered by the Principal Global Investors Trust Company whose objective is to provide preservation of capital, relatively stable returns consistent with its comparatively low risk profile and liquidity for benefit responsive payments. The fund is composed primarily of fully benefit-responsive investment contracts and is valued at the net asset value of units of the bank collective trust. The net asset value is used as a practical expedient to estimate fair value. This practical expedient would not be used if it is determined to be probable that the fund will sell the investment for an amount different from the reported net asset value. Participant transactions (purchases and sales) may occur daily. If the Plan initiates a full redemption of the collective trust, the issuer reserves the right to require 12 months’ notification in order to confirm that securities liquidations will be carried out in an orderly business manner.

The following table provides the amount and corresponding level of hierarchy for the Plan’s investments that were measured at fair value on a recurring basis as of December 31, 2025:


		Level 1			Level 2			Level 3			Total
Interest-bearing cash		$	2,843		$	—		$	—		$	2,843
Mutual funds			72,968,341			—			—			72,968,341
Self-directed brokerage accounts			8,605,447			—			—			8,605,447
Merit Medical Systems, Inc. common stock			42,224,320			—			—			42,224,320
Total assets in the fair value hierarchy		$	123,800,951		$	—		$	—		$	123,800,951
Investments measured at net asset value
Common-collective trust funds												121,165,003
Stable value fund												2,557,809
Total Investments — at fair value											$	247,523,763

The following table provides the amount and corresponding level of hierarchy for the Plan’s investments that were measured at fair value on a recurring basis as of December 31, 2024:


		Level 1			Level 2			Level 3			Total
Interest-bearing cash		$	2,964		$	—		$	—		$	2,964
Mutual funds			109,564,402			—			—			109,564,402
Self-directed brokerage accounts			6,706,231			—			—			6,706,231
Merit Medical Systems, Inc. common stock			47,972,130			—			—			47,972,130
Total assets in the fair value hierarchy		$	164,245,727		$	—		$	—		$	164,245,727
Investments measured at net asset value
Common-collective trust funds												46,868,757
Stable value fund												2,485,412
Total Investments — at fair value											$	213,599,896

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

- Definition

The entire disclosure for fair value of investment held by employee stock purchase, saving, or similar plan (employee benefit plan (EBP)), including, but not limited to, fair value measured at net asset value per share as practical expedient (NAV).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-3

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-3

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 962
-SubTopic 325
-Name Accounting Standards Codification
-Section 55
-Paragraph 17
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478873/962-325-55-17

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 962
-SubTopic 325
-Name Accounting Standards Codification
-Section 45
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477509/962-325-45-5

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 962
-SubTopic 205
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6A-04(2)(b))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477804/962-205-S99-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 962
-SubTopic 205
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6A-04(3)(b))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477804/962-205-S99-1

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 962
-SubTopic 205
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6A-02(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477804/962-205-S99-1

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(2)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 16: http://www.xbrl.org/2003/role/recommendedDisclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 23
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-23

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 962
-SubTopic 325
-Name Accounting Standards Codification
-Section 45
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477509/962-325-45-6

+ Details

FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR) (Details) - 401(k) PROFIT SHARING PLAN	12 Months Ended
	Dec. 31, 2025 USD ($)
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Plan Name	401(k) PROFIT SHARING PLAN
EMPLOYER ID NO	87-0447695
PLAN NO	001
Current Value	$ 247,523,763
Notes receivable from participants, Current Value	3,671,695
Notes receivable from participants, deemed distribution	103,637
Total Assets Held for Investment, Current Value	$ 251,195,458
EBP, Asset Held for Investment, Party-in-Interest [true false]	true
Investment, Identifier [Axis]: Cohen amp; Steers Realty Shares, Registered Investment Company
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:CohenSteersRealtySharesMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
Current Value	$ 1,328,845
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: Dodge amp; Cox Income Fund Class I, Registered Investment Company
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:DodgeCoxIncomeFundClassIMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
Current Value	$ 4,859,779
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: Fidelity Cash Reserves, Interest Bearing Cash Funds
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:FidelityCashReservesMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Interest-Bearing Deposits [Member]
Current Value	$ 2,843
EBP, Asset Held for Investment, Party-in-Interest [true false]	true
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: Fidelity Emerging Markets Fund, Registered Investment Company
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:FidelityEmergingMarketsFundMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
Current Value	$ 1,585,515
EBP, Asset Held for Investment, Party-in-Interest [true false]	true
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: Fidelity Emerging Markets Index, Registered Investment Company
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:FidelityEmergingMarketsIndexMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
Current Value	$ 1,258,139
EBP, Asset Held for Investment, Party-in-Interest [true false]	true
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: Fidelity Government Money Market, Registered Investment Company
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:FidelityGovernmentMoneyMarketMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
Current Value	$ 19,166
EBP, Asset Held for Investment, Party-in-Interest [true false]	true
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: Fidelity Inflation Protected Bond Index, Registered Investment Company
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:FidelityInflationProtectedBondIndexMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
Current Value	$ 1,085,081
EBP, Asset Held for Investment, Party-in-Interest [true false]	true
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: Fidelity International Index, Registered Investment Company
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:FidelityInternationalIndexMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
Current Value	$ 2,591,632
EBP, Asset Held for Investment, Party-in-Interest [true false]	true
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: Fidelity Mid Cap Index, Registered Investment Company
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:FidelityMidCapIndexMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
Current Value	$ 3,392,127
EBP, Asset Held for Investment, Party-in-Interest [true false]	true
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: Fidelity Money Market, Registered Investment Company
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:FidelityMoneyMarketMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
Current Value	$ 4,618,631
EBP, Asset Held for Investment, Party-in-Interest [true false]	true
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: Fidelity Small Cap Index, Registered Investment Company
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:FidelitySmallCapIndexMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
Current Value	$ 2,889,726
EBP, Asset Held for Investment, Party-in-Interest [true false]	true
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: Fidelity Spartan 500 Index, Registered Investment Company
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:FidelitySpartan500IndexMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
Current Value	$ 32,204,494
EBP, Asset Held for Investment, Party-in-Interest [true false]	true
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: Janus Triton N, Registered Investment Company
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:JanusTritonNMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
Current Value	$ 2,216,712
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: Massachussets Financial Services Mid Cap Value Fund; Class R4, Registered Investment Company
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:MassachussetsFinancialServicesMidCapValueFundClassR4Member
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
Current Value	$ 2,766,290
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: Merit Medical Systems, Inc. Common Stock, Common Stock
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:MeritMedicalSystemsInc.CommonStockMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	EBP, Employer, Common Stock [Member]
Current Value	$ 42,224,320
EBP, Asset Held for Investment, Party-in-Interest [true false]	true
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: Morley Stable Value Fund; Class 150, Stable Value Fund
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:MorleyStableValueFundClass150Member
EBP, Investment, Current Value, Type [Extensible Enumeration]	Employee Benefit Plan, Stable Value Fund [Member]
Current Value	$ 2,557,809
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: Oakmark Fund; Class 1, Registered Investment Company
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:OakmarkFundClass1Member
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
Current Value	$ 6,274,567
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: Schroder International Equity Trust; Class H1, Registered Investment Company
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:SchroderInternationalEquityTrustClassH1Member
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
Current Value	$ 5,027,771
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: Self-directed Brokerage Account, Self-directed Brokerage Account
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:SelfDirectedBrokerageAccountMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	EBP, Self-Directed Brokerage Account [Member]
Current Value	$ 8,605,447
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: T Rowe Price Blue Chip Growth T2, Common Collective Trust Fund
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:TRowePriceBlueChipGrowthT2Member
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
Current Value	$ 14,345,745
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: T Rowe Price Mid Cap Growth Fund, Registered Investment Company
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:TRowePriceMidCapGrowthFundMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
Current Value	$ 2,871,467
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: T Rowe Price Retirement 2005 Fund C, Common Collective Trust Fund
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:TRowePriceRetirement2005FundCMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
Current Value	$ 710,133
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: T Rowe Price Retirement 2010 Fund C, Common Collective Trust Fund
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:TRowePriceRetirement2010FundCMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
Current Value	$ 148,635
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: T Rowe Price Retirement 2015 Fund C, Common Collective Trust Fund
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:TRowePriceRetirement2015FundCMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
Current Value	$ 248,389
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: T Rowe Price Retirement 2020 Fund C, Common Collective Trust Fund
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:TRowePriceRetirement2020FundCMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
Current Value	$ 2,925,590
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: T Rowe Price Retirement 2025 Fund C, Common Collective Trust Fund
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:TRowePriceRetirement2025FundCMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
Current Value	$ 8,401,756
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: T Rowe Price Retirement 2030 Fund C, Common Collective Trust Fund
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:TRowePriceRetirement2030FundCMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
Current Value	$ 18,552,535
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: T Rowe Price Retirement 2035 Fund C, Common Collective Trust Fund
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:TRowePriceRetirement2035FundCMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
Current Value	$ 19,388,809
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: T Rowe Price Retirement 2040 Fund C, Common Collective Trust Fund
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:TRowePriceRetirement2040FundCMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
Current Value	$ 13,839,115
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: T Rowe Price Retirement 2045 Fund C, Common Collective Trust Fund
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:TRowePriceRetirement2045FundCMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
Current Value	$ 12,747,698
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: T Rowe Price Retirement 2050 Fund C, Common Collective Trust Fund
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:TRowePriceRetirement2050FundCMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
Current Value	$ 10,753,268
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: T Rowe Price Retirement 2055 Fund C, Common Collective Trust Fund
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:TRowePriceRetirement2055FundCMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
Current Value	$ 7,614,016
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: T Rowe Price Retirement 2060 Fund C, Common Collective Trust Fund
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:TRowePriceRetirement2060FundCMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
Current Value	$ 4,967,411
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: T Rowe Price Retirement 2065 Fund C, Common Collective Trust Fund
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:TRowePriceRetirement2065FundCMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
Current Value	$ 1,494,132
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Investment, Identifier [Axis]: Wasatch Small Cap Value Fund, Registered Investment Company
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
EBP, Investment, Issuer Name [Extensible Enumeration]	mmsi:WasatchSmallCapValueFundMember
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
Current Value	$ 3,006,170
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Participation Status [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanParticipantDirectedMember
Minimum
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
Loan interest rate	4.25%
Maximum
FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
Loan interest rate	9.50%

STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS - 401(k) PROFIT SHARING PLAN - USD ($)	Dec. 31, 2025	Dec. 31, 2024
ASSETS:
Investments - at fair value	$ 247,523,763	$ 213,599,896
Receivables:
Notes receivable from participants	3,671,695	3,202,552
Employer contributions	385,557	303,191
Participant contributions	37,317
Total receivables	4,094,569	3,505,743
Total assets	251,618,332	217,105,639
LIABILITIES:
Excess contributions payable	265,502	271,051
Total liabilities	265,502	271,051
NET ASSETS AVAILABLE FOR BENEFITS	$ 251,352,830	$ 216,834,588

FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)

12 Months Ended

Dec. 31, 2025

401(k) PROFIT SHARING PLAN

FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)

FORM 5500, SCHEDULE H, PART IV, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)

MERIT MEDICAL SYSTEMS, INC. 401(k) PROFIT SHARING PLAN

EMPLOYER ID NO: 87-0447695 PLAN NO: 001

FORM 5500, SCHEDULE H, PART IV, LINE 4i — SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2025


	Identity of Issue, Borrower,	Description of Investment, Including Maturity Date,
	Lessor or Similar Party	Rate of Interest, Collateral, Par or Maturity Value	Cost	Current Value
*	Fidelity Cash Reserves	Interest Bearing Cash Funds	**	2,843
	Cohen & Steers Realty Shares	Registered Investment Company	**	1,328,845
	Dodge & Cox Income Fund Class I	Registered Investment Company	**	4,859,779
*	Fidelity Emerging Markets Fund	Registered Investment Company	**	1,585,515
*	Fidelity Emerging Markets Index	Registered Investment Company	**	1,258,139
*	Fidelity Government Money Market	Registered Investment Company	**	19,166
*	Fidelity Inflation Protected Bond Index	Registered Investment Company	**	1,085,081
*	Fidelity International Index	Registered Investment Company	**	2,591,632
*	Fidelity Mid Cap Index	Registered Investment Company	**	3,392,127
*	Fidelity Money Market	Registered Investment Company	**	4,618,631
*	Fidelity Small Cap Index	Registered Investment Company	**	2,889,726
*	Fidelity Spartan 500 Index	Registered Investment Company	**	32,204,494
	Janus Triton N	Registered Investment Company	**	2,216,712
	Massachussets Financial Services Mid Cap Value Fund; Class R4	Registered Investment Company	**	2,766,290
	Oakmark Fund; Class 1	Registered Investment Company	**	6,274,567
	T Rowe Price Mid Cap Growth Fund	Registered Investment Company	**	2,871,467
	Wasatch Small Cap Value Fund	Registered Investment Company	**	3,006,170
	Morley Stable Value Fund; Class 150	Stable Value Fund	**	2,557,809
	Schroder International Equity Trust; Class H1	Common Collective Trust Fund	**	5,027,771
	T Rowe Price Blue Chip Growth T2	Common Collective Trust Fund	**	14,345,745
	T Rowe Price Retirement 2005 Fund C	Common Collective Trust Fund	**	710,133
	T Rowe Price Retirement 2010 Fund C	Common Collective Trust Fund	**	148,635
	T Rowe Price Retirement 2015 Fund C	Common Collective Trust Fund	**	248,389
	T Rowe Price Retirement 2020 Fund C	Common Collective Trust Fund	**	2,925,590
	T Rowe Price Retirement 2025 Fund C	Common Collective Trust Fund	**	8,401,756
	T Rowe Price Retirement 2030 Fund C	Common Collective Trust Fund	**	18,552,535
	T Rowe Price Retirement 2035 Fund C	Common Collective Trust Fund	**	19,388,809
	T Rowe Price Retirement 2040 Fund C	Common Collective Trust Fund	**	13,839,115
	T Rowe Price Retirement 2045 Fund C	Common Collective Trust Fund	**	12,747,698
	T Rowe Price Retirement 2050 Fund C	Common Collective Trust Fund	**	10,753,268
	T Rowe Price Retirement 2055 Fund C	Common Collective Trust Fund	**	7,614,016
	T Rowe Price Retirement 2060 Fund C	Common Collective Trust Fund	**	4,967,411
	T Rowe Price Retirement 2065 Fund C	Common Collective Trust Fund	**	1,494,132
	Self-directed Brokerage Account	Self-directed Brokerage Account	**	8,605,447
*	Merit Medical Systems, Inc. Common Stock	Common Stock	**	42,224,320
	Total assets held for investment purposes			247,523,763

*	Notes receivable from participants	Interest rates of 4.25% to 9.5%, maturing through 2032	***	3,671,695

Total

251,195,458

*	Party-in-interest
**	Cost information is not required for participant-directed investments and, therefore, is not included.
***	Net of $103,637 in deemed loan distributions.

DESCRIPTION OF THE PLAN	12 Months Ended
DESCRIPTION OF THE PLAN	Dec. 31, 2025
401(k) PROFIT SHARING PLAN
DESCRIPTION OF THE PLAN
DESCRIPTION OF THE PLAN	1. DESCRIPTION OF THE PLAN The following description of the Merit Medical Systems, Inc. 401(k) Profit Sharing Plan (the “Plan”) is provided for general information purposes only. Reference should be made to the Plan document for more complete information. General — The Plan is a defined contribution plan covering substantially all employees in the United States who have completed 90 days of service for Merit Medical Systems, Inc. (the “Company”). The Board of Directors of the Company has appointed the 401(k) Plan Administration and Investment Committee to control and manage the operation and administration of the Plan. Fidelity Management Trust Company serves as the trustee of the Plan. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). Contributions — Each year, participants may contribute up to 100% of their eligible compensation, as defined in the Plan, through pre-tax payroll deductions and may make Roth (after-tax) elective deferrals to the Plan, subject to certain limitations under the Internal Revenue Code ("IRC"). The Company may elect to make discretionary matching contributions to the plan. During the year ended December 31, 2025, the Company made matching contributions to the plan, equal to 60% of the first 5% of total compensation that a participant contributed to the Plan. The match is calculated and funded on a per pay period basis with a year-end "true up" for annual compensation, if necessary. Participant Accounts — Individual accounts are maintained for each Plan participant. Each participant’s account is credited with the participant’s contributions, the Company’s matching contributions, and Plan earnings, and is charged with withdrawals and an allocation of Plan losses and expenses. Allocations are based on participant earnings or account balances, as defined. The benefit to which a participant is entitled is the benefit that can be provided from the participant’s vested account. Investments — Participants direct the investment of their contributions and Company matching contributions into various investment options offered by the Plan and may change investments and transfer amounts between funds daily. The Plan offers fund options with registered investment companies, common-collective trust funds, a stable value fund, shares of the Company's stock, and a participant-directed brokerage account feature. Participants may direct their investments through a trustee-sponsored brokerage account, which offers a variety of mutual funds and the option to invest in individual stocks. Vesting — Participants are vested immediately in their contributions, plus actual earnings thereon. Vesting in the Company’s contribution portion of their accounts is based on years of continuous service. A participant vests 20% per year of credited service and is 100% vested after five years of credited service. Notes Receivable from Participants — Participants may borrow from their accounts up to a maximum of $50,000 or 50% of their vested account balance, whichever is less. The loans are secured by the balance in the participant’s account and bear interest at rates commensurate with local prevailing rates at the time funds are borrowed as determined by the Plan administrator. Principal and interest are paid on a ratable basis through payroll deductions. Loans outstanding to participants as of December 31, 2025 will mature at various dates through 2032 with interest rates ranging from 4.25% to 9.5%. Payment of Benefits — On termination of service due to death, disability or retirement, a participant may elect to receive distributions equal to of the value of the participant’s vested interest in his or her account as a lump-sum amount or installment payments. For termination of service for other reasons, a participant may receive the value of the vested interest in his or her account as a lump-sum distribution. Hardship distributions, subject to a $500 minimum, may also be allowed from the participant deferral contribution balance for purchasing a primary residence, financing higher education, paying for necessary medical care, or alleviating certain other financial hardships. Forfeited Accounts — When certain terminations of participation in the Plan occur, the nonvested portion of the participant’s account, as defined by the Plan, represents a forfeiture. As of December 31, 2025 and 2024, forfeited non-vested accounts totaled $65,142 and $74,094, respectively. Forfeitures of participants’ non-vested accounts are used to pay Plan expenses or to reduce future Company matching contributions. During 2025, forfeited nonvested accounts were used by the Plan Administrator to fund Company matching contributions of $281,278 and to fund administrative expenses of $126,684. Rollovers — Participants may elect to transfer part or all of an eligible rollover distribution received from an eligible employer-sponsored retirement plan or individual retirement account into the Plan. The Plan accepts transfers of amounts attributable to both pre-tax and Roth contributions. Administrative Expenses — The Plan is sponsored by the Company, and certain administrative expenses of the Plan are paid by the Company as provided in the Plan document.

DESCRIPTION OF THE PLAN (Details) - 401(k) PROFIT SHARING PLAN - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
DESCRIPTION OF THE PLAN
Minimum service period for Plan eligibility	90 days
Maximum participants contribution as percentage of eligible compensation	100.00%
Employer matching contribution (as a percent)	60.00%
Percentage of participant eligible compensation	5.00%
Vesting percentage for each year of credited service	20.00%
Vesting percentage	100.00%
Vesting period	5 years
Note receivable, maximum borrowing amount	$ 50,000
Note receivable, maximum borrowing percentage	50.00%
Minimum participant hardship withdrawal amount	$ 500
Forfeited non-vested accounts	65,142	$ 74,094
Amount of forfeited nonvested accounts used to fund employer matching contributions	281,278
Amount of forfeited nonvested accounts used to fund administrative expenses	$ 126,684
Minimum
DESCRIPTION OF THE PLAN
Loan interest rate	4.25%
Maximum
DESCRIPTION OF THE PLAN
Loan interest rate	9.50%

STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS - 401(k) PROFIT SHARING PLAN	12 Months Ended
	Dec. 31, 2025 USD ($)
Contributions
Employer	$ 5,320,207
Participant	15,159,282
Rollover	4,638,619
Total contributions	25,118,108
Investment Income
Net appreciation in fair value of investments	21,623,635
Interest and dividends	1,802,962
Total net investment income	23,426,597
Interest income on notes receivable from participants	288,796
Total additions	48,833,501
DEDUCTIONS
Benefits paid to participants	(14,110,621)
Administrative expenses	(204,638)
Total deductions	(14,315,259)
NET INCREASE IN NET ASSETS AVAILABLE FOR BENEFITS	34,518,242
NET ASSETS AVAILABLE FOR BENEFITS - Beginning of year	216,834,588
NET ASSETS AVAILABLE FOR BENEFITS - End of year	$ 251,352,830

Document and Entity Information	12 Months Ended
Document and Entity Information	Dec. 31, 2025
Document and Entity Information
Document Type	11-K
Entity Registrant Name	MERIT MEDICAL SYSTEMS INC
Entity Central Index Key	0000856982
Amendment Flag	false
401(k) PROFIT SHARING PLAN
Document and Entity Information
Document Type	11-K
Amendment Flag	false

FEDERAL INCOME TAX STATUS (Details) - 401(k) PROFIT SHARING PLAN	12 Months Ended
	Dec. 31, 2025
FEDERAL INCOME TAX STATUS
Determination letter obtained	true
Determination letter date	Jun. 30, 2020
Tax qualification status	us-gaap:QualifiedPlanMember

PLAN TERMINATION	12 Months Ended
PLAN TERMINATION	Dec. 31, 2025
401(k) PROFIT SHARING PLAN
PLAN TERMINATION
PLAN TERMINATION	5. PLAN TERMINATION Although it has not expressed any intention to do so, the Company has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions set forth in ERISA. In the event that the Plan is terminated, participants would become 100% vested in their accounts.

FEDERAL INCOME TAX STATUS	12 Months Ended
FEDERAL INCOME TAX STATUS	Dec. 31, 2025
401(k) PROFIT SHARING PLAN
FEDERAL INCOME TAX STATUS
FEDERAL INCOME TAX STATUS	6. FEDERAL INCOME TAX STATUS Effective January 1, 2016, the Plan was amended and restated through the adoption of an IRS pre-approved volume submitter plan document package that is covered by a favorable IRS advisory letter, dated June 30, 2020, in which the IRS determined that the form of the volume submitter document package later adopted by the Company met the applicable tax-qualification requirements. The Plan administrator believes that the Plan is currently designed and operated in compliance with the applicable requirements of the IRC and the Plan and related trust continue to be tax-exempt. Therefore, no provision for income taxes has been included in the Plan’s financial statements.

FORM 5500, SCHEDULE H, PART IV, LINE 4a - SCHEDULE OF DELINQUENT PARTICIPANT CONTRIBUTIONS (Details) - 401(k) PROFIT SHARING PLAN	12 Months Ended
	Dec. 31, 2025 USD ($)
EBP, Schedule of Delinquent Participant Contribution [Line Items]
EMPLOYER ID NO	87-0447695
PLAN NO	001
EBP, Plan Name	401(k) PROFIT SHARING PLAN
Participant Contributions Transferred Late to the Plan	$ 814,106
Contributions Corrected Outside VFCP	$ 814,106

PLAN TERMINATION (Details)	12 Months Ended
PLAN TERMINATION (Details)	Dec. 31, 2025
401(k) PROFIT SHARING PLAN
PLAN TERMINATION
Vesting percentage in event of termination	100.00%