Meridian Holdings (MRDN) Net Margin (2016 - 2026)
Meridian Holdings' (MRDN) quarterly Net Margin came in at 4.31% in Q2 2026, up 1260.0% on a YoY basis from 0.32% in Q2 2025, and down 4.41% quarter-over-quarter from 4.51% in Q1 2026.
Analysis
Meridian Holdings (MRDN) Net Margin (2016 - 2026) Analysis & Trends
Meridian Holdings (MRDN) has reported Net Margin for 11 consecutive years, with 4.31% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 1260.0% year-over-year to 4.31%; the trailing twelve-month figure through Jun 2026 stood at 41.24% (down 3582.0% YoY), and the FY2025 full-year result was 49.16%, down 4818.0% from the prior year.
- Net Margin retreated to 4.31% in Q2 2026 per MRDN's latest filing, from 4.51% in the prior quarter.
- Across five years, Net Margin topped out at 26.13% in Q4 2023 and bottomed at 174.11% in Q4 2025.
- Historically, Net Margin has averaged 7.56% across 5 years, with a median of 0.68% in 2024.
- The sharpest annual moves came in 2022 and 2025: Net Margin soared 3508 bps in 2022, then slumped 16942 bps in 2025.
- Over 5 years, Net Margin stood at 18.96% in 2022, then jumped by 238 bps to 26.13% in 2023, then sank by 118 bps to 4.69% in 2024, then sank by 3615 bps to 174.11% in 2025, then soared by 102 bps to 4.31% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 4.31%, 4.51%, and 174.11% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.30 Bn | 15.74 Bn | 1.71 Bn | -6.33% |
| 2 | DraftKings | 11.78 Bn | 10.79 Bn | 551.45 Mn | -4.85% |
| 3 | Super Group (SGHC) | 6.89 Bn | 6.34 Bn | - | 17.54% |
| 4 | Rush Street Interactive | 2.91 Bn | 2.57 Bn | 139.66 Mn | 7.43% |
| 5 | Codere Online Luxembourg | 423.10 Mn | 353.68 Mn | - | - |
| 6 | Meridian Holdings | 173.58 Mn | 156.26 Mn | 26.85 Mn | 4.31% |
| 7 | High Roller Technologies | 53.26 Mn | 50.60 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 | 4.31% |
| Mar 31, 2026 | 4.51% |
| Dec 31, 2025 | -174.11% |
| Sep 30, 2025 | 1.20% |
| Jun 30, 2025 | -8.29% |
| Mar 31, 2025 | -0.54% |
| Dec 31, 2024 | -4.69% |
| Sep 30, 2024 | -8.31% |
| Jun 30, 2024 | 0.16% |
| Mar 31, 2024 | 15.89% |
| Dec 31, 2023 | 26.13% |
| Jun 30, 2023 | 18.10% |
| Apr 30, 2023 | -5.18% |
| Jan 31, 2023 | -4.12% |
| Oct 31, 2022 | -18.96% |
| Jul 31, 2022 | 6.90% |
| Apr 30, 2022 | 6.92% |
| Jan 31, 2022 | 3.94% |
| Oct 31, 2021 | 6.94% |
| Jul 31, 2021 | 5.89% |