Meridian Holdings (MRDN) Interest Expenses (2012 - 2026)
Meridian Holdings (MRDN) recorded Interest Expenses of $300,185 in Q2 2026, down 79.7% from $1.48 million a year earlier and down 15.1% from the prior quarter.
Meridian Holdings (MRDN) Interest Expenses (2012 - 2026) Analysis & Trends
On a TTM basis, Meridian Holdings' Interest Expenses came in at $2.28 million as of Jun 30, 2026, down 64.6% year-over-year; for FY2025, it was $4.58 million, up 30.0% from FY2024.
- Annual Interest Expenses has a five-year compound annual growth rate of 241.8% (FY2020 to FY2025).
- Across earlier years, Interest Expenses came in at $3.52 million in FY2024, $36,163 in FY2023 and $11,852 in FY2021.
- The Q2 2026 figure is the lowest quarterly Interest Expenses since Q2 2024.
- On a year-over-year basis, Interest Expenses has declined for four consecutive quarters, with an average decline of 62.4% over the last four quarters.
- Per Business Quant, the preceding three quarters came in at $353,726 (Q1 2026), $1.12 million (Q4 2025) and $510,636 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 189.00 Mn |
| 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 | 4.45 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 | 152.18 Mn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 102.13 Mn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | - |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | -8.00 Mn |
| 10 | Meridian Holdings | 154.31 Mn | 82.14 Mn | 26.85 Mn | 300,185.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 300,185.00 |
| Mar 31, 2026 | 353,726.00 |
| Dec 31, 2025 | 1.12 Mn |
| Sep 30, 2025 | 510,636.00 |
| Jun 30, 2025 | 1.48 Mn |
| Mar 31, 2025 | 1.47 Mn |
| Dec 31, 2024 | 2.69 Mn |
| Sep 30, 2024 | 790,193.00 |
| Jun 30, 2024 | 32,484.00 |
| Mar 31, 2024 | 4,371.00 |
| Dec 31, 2023 | 26,801.00 |
| Jun 30, 2023 | 19,523.00 |
| Apr 30, 2023 | 740.00 |
| Jan 31, 2023 | 998.00 |
| Jan 31, 2021 | 955.00 |
| Oct 31, 2020 | 1,083.00 |
| Jul 31, 2020 | 3,663.00 |
| Apr 30, 2020 | 6,151.00 |
| Oct 31, 2019 | 16,390.00 |
| Jul 31, 2019 | 20,188.00 |
Meridian Holdings Interest Expenses 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=interest-expenses&ticker=MRDN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=MRDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();