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Meridian (MRBK) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 7, 2026

Meridian (MRBK) reported revenue of $32.7M for the second quarter 2026 (Q2 2026), +0.7% from a year earlier and +8% from the quarter before. Operating margin was 22.9%, net earnings $5.8M (17.8% of revenue).

Revenue$32.7M
Year over year+0.7%
Quarter over quarter+8%
Operating margin22.9%
Net earnings$5.8M

Meridian, Q2 2026: revenue $32.7M (+0.7% year over year), operating margin 22.9%, net earnings $5.8M, operating cash flow −$930K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$32.7M+8%+0.7%
Operating profit$7.5M+189%+3%
Net earnings$5.8M+189%+4%
Operating cash flow−$930K-132%—

What changed

Revenue was $32.7M in Q2 2026, up 1% year over year and up 8% from the previous quarter.

Operating profit was $7.5M, a 22.9% margin (up 0.4 points year over year). Of the extra revenue versus Q2 2025, 85% reached operating profit, above the 22% margin then. Total costs grew 0% against revenue growth of 1%. Net earnings were $5.8M, up 4% year over year. The effective tax rate was 22.4%.

Operating cash flow was −$930K. Non-cash charges added back $118K of share-based compensation. Working capital and other items used $6.9M. Capital expenditures of $469K exceeded it, leaving free cash flow of −$1.4M.

Questions

What was Meridian's revenue in the second quarter 2026?

Meridian (MRBK) reported revenue of $32.7M for the second quarter 2026 (Q2 2026), +0.7% from a year earlier and +8% from the quarter before.

Was Meridian profitable in the second quarter 2026?

Operating profit was $7.5M (22.9% of revenue) and net earnings $5.8M.

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Source: Meridian 10-Q on SEC EDGAR.