Meridian Holdings (MRDN) Gross Profit (2017 - 2026)
Meridian Holdings' Gross Profit was $26.85 million in Q2 2026, up 10.2% from $24.38 million a year earlier but down 4.6% from the prior quarter.
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Analysis
Meridian Holdings (MRDN) Gross Profit (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Meridian Holdings' Gross Profit was $109.88 million through Jun 30, 2026, up 12.4% year-over-year; for FY2025, it came in at $103.46 million, up 16.8% from FY2024.
- Gross Profit shows a five-year compound annual growth rate of 138.0% (FY2020 to FY2025).
- In earlier years, Gross Profit was $88.57 million in FY2024 (+29.8%), $68.24 million in FY2023, $9.16 million in FY2022 (+179.1%) and $3.28 million in FY2021.
- Quarterly Gross Profit has moved between $2.02 million (Q1 2022) and $61.61 million (Q4 2023) over five years.
- Compared with a year earlier, Gross Profit has increased for six straight quarters, with growth averaging 6.2% over the last seven quarters.
- The best year-over-year quarter for Gross Profit over five years was Q1 2025 (growth of 36.8%); the worst was Q4 2024 (a decline of 56.5%).
- Per Business Quant data, MRDN's Gross Profit in the three quarters before Q2 2026 was $28.14 million (Q1 2026), $28.5 million (Q4 2025) and $26.39 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - |
| 10 | Meridian Holdings | 154.31 Mn | 82.14 Mn | 26.85 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.85 Mn |
| Mar 31, 2026 | 28.14 Mn |
| Dec 31, 2025 | 28.50 Mn |
| Sep 30, 2025 | 26.39 Mn |
| Jun 30, 2025 | 24.38 Mn |
| Mar 31, 2025 | 24.20 Mn |
| Dec 31, 2024 | 26.79 Mn |
| Sep 30, 2024 | 22.40 Mn |
| Jun 30, 2024 | 21.69 Mn |
| Mar 31, 2024 | 17.69 Mn |
| Dec 31, 2023 | 61.61 Mn |
| Jun 30, 2023 | 16.54 Mn |
| Apr 30, 2023 | 2.06 Mn |
| Jan 31, 2023 | 2.44 Mn |
| Oct 31, 2022 | 2.12 Mn |
| Jul 31, 2022 | 2.48 Mn |
| Apr 30, 2022 | 2.54 Mn |
| Jan 31, 2022 | 2.02 Mn |
| Jul 31, 2021 | 1.21 Mn |
| Apr 30, 2021 | 1.15 Mn |
API Access
Meridian Holdings Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=MRDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "MRDN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=MRDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();