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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |