Filing Flows › Meridian Holdings (MRDN) › Q2 2026
Meridian Holdings (MRDN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
Meridian Holdings (MRDN) reported revenue of $50.2M for the second quarter 2026 (Q2 2026), +16% from a year earlier and +0.2% from the quarter before. Operating margin was 4.9%, net earnings $2.0M (3.9% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $50.2M | +0.2% | +16% |
| Gross profit | $26.9M | -5% | +10% |
| Operating profit | $2.4M | -23% | — |
| Net earnings | $2.0M | -10% | — |
| Operating cash flow | $7.8M | +51% | +228% |
What changed
Revenue was $50.2M in Q2 2026, up 16% year over year and roughly flat from the previous quarter.
Gross margin was 53.5%, down 2.9 points from Q2 2025. Operating profit was $2.4M, a 4.9% margin (up 10.2 points year over year). Operating expenses fell 8% while revenue rose 16%. Net earnings were $2.0M. The effective tax rate was 24.1%.
Operating cash flow was $7.8M (up 228% year over year), 398% of net earnings. Non-cash charges added back $2.7M of depreciation and amortization. Working capital and other items added $3.1M.
Questions
What was Meridian Holdings' revenue in the second quarter 2026?
Meridian Holdings (MRDN) reported revenue of $50.2M for the second quarter 2026 (Q2 2026), +16% from a year earlier and +0.2% from the quarter before.
Was Meridian Holdings profitable in the second quarter 2026?
Operating profit was $2.4M (4.9% of revenue) and net earnings $2.0M.
Source: Meridian Holdings 10-Q on SEC EDGAR.