Filing Flows › Meridian Holdings (MRDN) › Q2 2026 › vs Q1 2026
Meridian Holdings (MRDN) Q2 2026 vs Q1 2026 (quarter over quarter)
Meridian Holdings's revenue rose $90K (+0.2%) from $50.1M in Q1 2026 to $50.2M in Q2 2026. Gross margin 53.5% against 56.2% (-2.7 pts).
Meridian Holdings, Q2 2026: revenue $50.2M (+16% year over year), operating margin 4.9%, net earnings $2.0M, operating cash flow $7.8M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 53.5% | 56.2% | -2.7 pts |
| Operating margin | 4.9% | 6.3% | -1.4 pts |
| Net margin | 3.9% | 4.3% | -0.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $50.2M | $50.1M | $90K | +0.2% |
| Gross profit | $26.9M | $28.1M | −$1.3M | -5% |
| Cost of revenue | $23.3M | $22.0M | $1.4M | +6% |
| Operating profit | $2.4M | $3.2M | −$717K | -23% |
| Operating expenses | $24.4M | $25.0M | −$572K | -2% |
| Pre-tax earnings | $2.6M | $2.9M | −$279K | -10% |
| Net earnings | $2.0M | $2.2M | −$206K | -10% |
| Income tax | $623K | $696K | −$73K | -10% |
| Depreciation & amortization | $2.7M | $2.5M | $255K | +10% |
| Working capital & other | $3.1M | $278K | $2.8M | 11× |
| Operating cash flow | $7.8M | $5.2M | $2.6M | +51% |
Questions
How much did Meridian Holdings's revenue grow quarter over quarter in Q2 2026?
Meridian Holdings's revenue rose $90K (+0.2%) from $50.1M in Q1 2026 to $50.2M in Q2 2026. Gross margin 53.5% against 56.2% (-2.7 pts).