Filing Flows › Meridian Holdings (MRDN) › How it makes money
How Meridian Holdings (MRDN) makes money
Meridian Holdings (MRDN) made $50.2M of revenue in the second quarter 2026 (Q2 2026), +16% from a year earlier. Of every dollar of revenue, 54¢ was left as gross profit, 5¢ was left as operating profit, 4¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $50.2M | 100.0% |
| Cost of revenue | $23.3M | 46.5% |
| Gross profit | $26.9M | 53.5% |
| Operating expenses | $24.4M | 48.6% |
| Operating profit | $2.4M | 4.9% |
| Income tax | $623K | 1.2% |
| Net earnings | $2.0M | 3.9% |
| Operating cash flow | $7.8M | 15.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $50.2M | +16% |
| Q1 2026 | $50.1M | +17% |
| Q4 2025 | $49.6M | +8% |
| Q3 2025 | $47.3M | +15% |
| Q2 2025 | $43.2M | +10% |
| Q1 2025 | $42.7M | +72% |
| Q4 2024 | $45.9M | +82% |
From Meridian Holdings' 10-Q filed Jul 29, 2026 (on EDGAR).
Questions
How does Meridian Holdings make money?
Meridian Holdings (MRDN) made $50.2M of revenue in the second quarter 2026 (Q2 2026), +16% from a year earlier. Of every dollar of revenue, 54¢ was left as gross profit, 5¢ was left as operating profit, 4¢ was left as net earnings.
What is Meridian Holdings' profit margin?
Net earnings were $2.0M, 3.9% of revenue, in the second quarter 2026; the operating margin was 4.9%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.