Meridian Holdings (MRDN) Intangibles (2016 - 2026)
Meridian Holdings' Intangibles was $25.7 million in Q2 2026, down 55.5% from $57.76 million a year earlier and down 2.0% from the prior quarter.
Meridian Holdings (MRDN) Intangibles (2016 - 2026) Analysis & Trends
At the end of FY2025, Intangibles at Meridian Holdings came in at $26.46 million, down 53.1% from FY2024.
- Intangibles shows a four-year compound annual growth rate of 274.0% (FY2021 to FY2025).
- In earlier years, Intangibles was $56.39 million in FY2024 (+273.3%), $15.11 million in FY2023, $2.61 million in FY2022 and $135,263 in FY2021.
- The Q2 2026 figure marks the lowest quarterly Intangibles since Q4 2023.
- Compared with a year earlier, Intangibles has declined for three straight quarters, with growth averaging 23.7% over the last six quarters.
- The best year-over-year quarter for Intangibles over five years was Q4 2024 (growth of 273.3%); the worst was Q2 2026 (a decline of 55.5%).
- Per Business Quant data, MRDN's Intangibles in the three quarters before Q2 2026 was $26.23 million (Q1 2026), $26.46 million (Q4 2025) and $57.55 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (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 | 837.44 Mn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | 6.48 Bn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 103.64 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 180.73 Mn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 208.23 Mn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 1.26 Bn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 3.96 Bn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | 323.00 Mn |
| 10 | Meridian Holdings | 154.31 Mn | 82.14 Mn | 26.85 Mn | 25.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.70 Mn |
| Mar 31, 2026 | 26.23 Mn |
| Dec 31, 2025 | 26.46 Mn |
| Sep 30, 2025 | 57.55 Mn |
| Jun 30, 2025 | 57.76 Mn |
| Mar 31, 2025 | 56.47 Mn |
| Dec 31, 2024 | 56.39 Mn |
| Sep 30, 2024 | 53.22 Mn |
| Jun 30, 2024 | 46.99 Mn |
| Dec 31, 2023 | 15.11 Mn |
| Oct 31, 2023 | 2.25 Mn |
| Apr 30, 2023 | 2.47 Mn |
| Jan 31, 2023 | 2.57 Mn |
| Oct 31, 2022 | 2.61 Mn |
| Jul 31, 2022 | 2.49 Mn |
| Apr 30, 2022 | 2.81 Mn |
| Jan 31, 2022 | 2.61 Mn |
| Oct 31, 2021 | 135,263.00 |
| Apr 30, 2021 | 164,474.00 |
| Apr 30, 2016 | 2.77 Mn |
Meridian Holdings Intangibles 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=intangibles&ticker=MRDN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=MRDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();