Meridian Holdings (MRDN) Gross Margin (2017 - 2026)

Meridian Holdings has reported Gross Margin for 10 years, with the latest figure at 56.17% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin fell 46.0% year-over-year to 56.17%; the trailing twelve-month figure through Mar 2026 stood at 56.46% (up 19.0% YoY), and the FY2025 full-year result was 56.58%, down 204.0% from the prior year.
• Gross Margin for Q1 2026 stood at 56.17%, down from 57.48% in the prior quarter.
• The five-year high for Gross Margin was 101.66% in Q4 2023, with the low at 19.98% in Q2 2023.
• Historically, Gross Margin has averaged 49.49% across 5 years, with a median of 55.77% in 2025.
• Annual changes were most pronounced in 2024 — Gross Margin plunged 4323 bps — and 2025, when it soared 135 bps.
• Meridian Holdings' Gross Margin stood at 22.11% in 2022, then surged by 360 bps to 101.66% in 2023, then tumbled by 43 bps to 58.42% in 2024, then slipped by 2 bps to 57.48% in 2025, then slipped by 2 bps to 56.17% in 2026.
• The last three Gross Margin figures came in at 56.17% (Q1 2026), 57.48% (Q4 2025), and 55.77% (Q3 2025), per Business Quant data.