Meridian Holdings MRDN
NASDAQ MRDN
$13.21 -0.27 (-2.00%)
At close: Sep 9, 2026 · 4:00 PM EDT

Meridian Holdings (MRDN) EBT Margin (2016 - 2026)

Meridian Holdings' (MRDN) quarterly EBT Margin came in at 5.15% in Q2 2026, up 1265.0% on a YoY basis from 0.38% in Q2 2025, and down 9.91% quarter-over-quarter from 5.72% in Q1 2026.

Analysis

Meridian Holdings (MRDN) EBT Margin (2016 - 2026) Analysis & Trends

Meridian Holdings (MRDN) has reported EBT Margin for 11 consecutive years, with 5.15% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBT Margin rose 1265.0% year-over-year to 5.15%; the trailing twelve-month figure through Jun 2026 stood at 44.58% (down 4030.0% YoY), and the FY2025 full-year result was 53.15%, down 5395.0% from the prior year.
  • EBT Margin slipped to 5.15% in Q2 2026 per MRDN's latest filing, from 5.72% in the prior quarter.
  • Across five years, EBT Margin topped out at 28.73% in Q4 2023 and bottomed at 189.53% in Q4 2025.
  • Historically, EBT Margin has averaged 7.12% across 5 years, with a median of 1.34% in 2024.
  • The sharpest annual moves came in 2025 and 2026: EBT Margin tumbled 18489 bps in 2025, then jumped 1265 bps in 2026.
  • Over 5 years, EBT Margin stood at 17.32% in 2022, then surged by 266 bps to 28.73% in 2023, then sank by 116 bps to 4.65% in 2024, then slumped by 3978 bps to 189.53% in 2025, then jumped by 103 bps to 5.15% in 2026.
  • According to Business Quant data, EBT Margin over the past three periods registered 5.15%, 5.72%, and 189.53% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Flutter Entertainment 17.32 Bn 15.76 Bn 1.71 Bn -6.91%
2 DraftKings 11.73 Bn 10.74 Bn 551.45 Mn -4.98%
3 Super Group (SGHC) 7.05 Bn 6.50 Bn - 24.56%
4 Rush Street Interactive 2.98 Bn 2.64 Bn 139.66 Mn 12.61%
5 Codere Online Luxembourg 418.56 Mn 349.13 Mn - -
6 Meridian Holdings 168.45 Mn 151.13 Mn 26.85 Mn 5.15%
7 High Roller Technologies 54.19 Mn 51.53 Mn - -
8 VIP Play 24.98 Mn 24.89 Mn -313,000.00 -3,177.45%
9 Apple iSports 16.64 Mn 16.64 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 5.15%
Mar 31, 2026 5.72%
Dec 31, 2025 -189.53%
Sep 30, 2025 1.30%
Jun 30, 2025 -7.50%
Mar 31, 2025 -1.39%
Dec 31, 2024 -4.65%
Sep 30, 2024 -3.49%
Jun 30, 2024 1.37%
Mar 31, 2024 17.02%
Dec 31, 2023 28.73%
Jun 30, 2023 20.21%
Apr 30, 2023 -5.18%
Jan 31, 2023 -2.76%
Oct 31, 2022 -17.32%
Jul 31, 2022 8.33%
Apr 30, 2022 10.29%
Jan 31, 2022 5.51%
Oct 31, 2021 6.94%
Jul 31, 2021 5.89%