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Medline (MDLN) gross margin by quarter

Medline's gross margin was 24.5% in Q3 2026 (third quarter 2026), -4.3 pts from Q2 2026. Over the last 3 quarters it ranged from 24.5% (Q3 2026) to 28.8% (Q2 2026).

Medline gross margin by quarterMedline gross margin by quarter25.0%Q1 202628.8%Q2 202624.5%Q3 2026
QuarterGross marginQ/QY/Y
Q3 202624.5%-4.3 pts—
Q2 202628.8%+3.8 pts—
Q1 202625.0%——

Q3 2026 at a glance

Medline, Q3 2026: revenue $7.9B (+10% year over year), operating margin 6.4%, net earnings $198M, operating cash flow $1.0B. The chart follows the revenue to costs, profit and cash.

Questions

What is Medline's gross margin?

Medline's gross margin was 24.5% in Q3 2026 (third quarter 2026), -4.3 pts from Q2 2026.

How has Medline's gross margin changed?

Over the last 3 quarters it ranged from 24.5% (Q3 2026) to 28.8% (Q2 2026).

Q3 2026 results → · How Medline makes money →