Meridian Holdings (MRDN) EBIT Margin (2016 - 2026)
Meridian Holdings' (MRDN) quarterly EBIT Margin came in at 4.86% in Q2 2026, up 1019.0% on a YoY basis from 0.43% in Q2 2025, and down 22.86% quarter-over-quarter from 6.3% in Q1 2026.
Analysis
Meridian Holdings (MRDN) EBIT Margin (2016 - 2026) Analysis & Trends
Meridian Holdings (MRDN) has reported EBIT Margin for 11 consecutive years, with 4.86% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBIT Margin rose 1019.0% year-over-year to 4.86%; the trailing twelve-month figure through Jun 2026 stood at 44.71% (down 4269.0% YoY), and the FY2025 full-year result was 52.59%, down 5441.0% from the prior year.
- EBIT Margin retreated to 4.86% in Q2 2026 per MRDN's latest filing, from 6.3% in the prior quarter.
- Across five years, EBIT Margin topped out at 25.53% in Q4 2023 and bottomed at 188.33% in Q4 2025.
- Historically, EBIT Margin has averaged 7.24% across 5 years, with a median of 0.05% in 2024.
- The sharpest annual moves came in 2022 and 2025: EBIT Margin surged 2495 bps in 2022, then slumped 18811 bps in 2025.
- Over 5 years, EBIT Margin stood at 17.75% in 2022, then jumped by 244 bps to 25.53% in 2023, then sank by 101 bps to 0.22% in 2024, then plunged by 87006 bps to 188.33% in 2025, then soared by 103 bps to 4.86% in 2026.
- According to Business Quant data, EBIT Margin over the past three periods registered 4.86%, 6.3%, and 188.33% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DraftKings | 21.34 Bn | 20.35 Bn | 551.45 Mn | -4.72% |
| 2 | Flutter Entertainment | 17.38 Bn | 16.20 Bn | 1.71 Bn | -3.33% |
| 3 | Super Group (SGHC) | 7.08 Bn | 6.53 Bn | - | 23.39% |
| 4 | Rush Street Interactive | 6.18 Bn | 6.00 Bn | 139.66 Mn | 11.74% |
| 5 | Codere Online Luxembourg | 412.23 Mn | 342.98 Mn | - | - |
| 6 | Meridian Holdings | 171.67 Mn | 155.85 Mn | 26.85 Mn | 4.86% |
| 7 | High Roller Technologies | 54.90 Mn | 52.24 Mn | - | - |
| 8 | VIP Play | 24.98 Mn | 24.89 Mn | -313,000.00 | -2,358.82% |
| 9 | Apple iSports | 16.64 Mn | 16.64 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.86% |
| Mar 31, 2026 | 6.30% |
| Dec 31, 2025 | -188.33% |
| Sep 30, 2025 | -0.82% |
| Jun 30, 2025 | -5.33% |
| Mar 31, 2025 | -0.25% |
| Dec 31, 2024 | -0.22% |
| Sep 30, 2024 | -2.38% |
| Jun 30, 2024 | 0.32% |
| Mar 31, 2024 | 14.87% |
| Dec 31, 2023 | 25.53% |
| Jun 30, 2023 | 19.23% |
| Apr 30, 2023 | -4.76% |
| Jan 31, 2023 | -3.05% |
| Oct 31, 2022 | -17.75% |
| Jul 31, 2022 | 8.01% |
| Apr 30, 2022 | 8.94% |
| Jan 31, 2022 | 4.55% |
| Oct 31, 2021 | 8.04% |
| Jul 31, 2021 | 6.04% |