Filing Flows › Meridian (MRBK) › Q1 2026 › vs Q1 2025
Meridian (MRBK) Q1 2026 vs Q1 2025 (year over year)
Meridian's revenue rose $3.1M (+12%) from $27.1M in Q1 2025 to $30.2M in Q1 2026. Operating margin 8.6% against 11.6% (-3.0 pts).
Meridian, Q1 2026: revenue $30.2M (+12% year over year), operating margin 8.6%, net earnings $2.0M, operating cash flow $2.9M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Operating margin | 8.6% | 11.6% | -3.0 pts |
| Net margin | 6.6% | 8.9% | -2.2 pts |
| Free cash flow margin | 8.7% | 65.9% | -57.2 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $30.2M | $27.1M | $3.1M | +12% |
| Operating profit | $2.6M | $3.1M | −$557K | -18% |
| Costs & expenses | $27.7M | $24.0M | $3.7M | +15% |
| Pre-tax earnings | $2.6M | $3.1M | −$557K | -18% |
| Credit loss provision | $7.5M | $5.2M | $2.3M | +44% |
| Noninterest expense | $20.2M | $18.7M | $1.4M | +8% |
| Net earnings | $2.0M | $2.4M | −$393K | -16% |
| Income tax | $582K | $746K | −$164K | -22% |
| Working capital & other | $857K | $15.6M | −$14.7M | -95% |
| Operating cash flow | $2.9M | $18.1M | −$15.3M | -84% |
| Free cash flow (OCF − capex) | $2.6M | $17.9M | −$15.2M | -85% |
| Capital expenditures | $227K | $259K | −$32K | -12% |
Questions
How much did Meridian's revenue grow year over year in Q1 2026?
Meridian's revenue rose $3.1M (+12%) from $27.1M in Q1 2025 to $30.2M in Q1 2026. Operating margin 8.6% against 11.6% (-3.0 pts).