Meridian Holdings MRDN
NASDAQ MRDN
$13.71 +0.50 (+3.79%)
At close: Sep 10, 2026 · 4:00 PM EDT

Meridian Holdings (MRDN) Operating Expenses (2010 - 2026)

Meridian Holdings' (MRDN) quarterly Operating Expenses came in at $24.4 million in Q2 2026, down 8.5% on a YoY basis from $26.7 million in Q2 2025, and down 2.29% quarter-over-quarter from $25.0 million in Q1 2026.

Analysis

Meridian Holdings (MRDN) Operating Expenses (2010 - 2026) Analysis & Trends

Meridian Holdings (MRDN) has reported Operating Expenses for 17 consecutive years, with $24.4 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses fell 8.5% year-over-year to $24.4 million; the trailing twelve-month figure through Jun 2026 stood at $198.0 million (up 95.59% YoY), and the FY2025 full-year result was $24.0 million, down 72.01% from the prior year.
  • Operating Expenses fell to $24.4 million in Q2 2026 per MRDN's latest filing, from $25.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $121.9 million in Q4 2025 and bottomed at $1.6 million in Q1 2022.
  • Historically, Operating Expenses has averaged $22.3 million across 5 years, with a median of $23.4 million in 2024.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses sank 46.41% in 2023, then surged 353.2% in 2025.
  • Over 5 years, Operating Expenses stood at $3.8 million in 2022, then jumped by 1166.75% to $48.3 million in 2023, then slumped by 44.37% to $26.9 million in 2024, then soared by 353.2% to $121.9 million in 2025, then tumbled by 79.97% to $24.4 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $24.4 million, $25.0 million, and $121.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Flutter Entertainment 17.30 Bn 15.74 Bn 1.71 Bn 1.56 Bn
2 DraftKings 11.78 Bn 10.79 Bn 551.45 Mn 491.98 Mn
3 Super Group (SGHC) 6.89 Bn 6.34 Bn - -513.00 Mn
4 Rush Street Interactive 2.91 Bn 2.57 Bn 139.66 Mn 347.55 Mn
5 Codere Online Luxembourg 423.10 Mn 353.68 Mn - -
6 Meridian Holdings 173.58 Mn 156.26 Mn 26.85 Mn 24.41 Mn
7 High Roller Technologies 53.26 Mn 50.60 Mn - -
8 VIP Play 24.98 Mn 24.89 Mn -313,000.00 2.09 Mn
9 Apple iSports 16.64 Mn 16.64 Mn - 437,119.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 24.41 Mn
Mar 31, 2026 24.99 Mn
Dec 31, 2025 121.87 Mn
Sep 30, 2025 26.77 Mn
Jun 30, 2025 26.68 Mn
Mar 31, 2025 24.30 Mn
Dec 31, 2024 26.89 Mn
Sep 30, 2024 23.38 Mn
Jun 30, 2024 21.56 Mn
Mar 31, 2024 14.00 Mn
Dec 31, 2023 48.34 Mn
Oct 31, 2023 2.05 Mn
Jun 30, 2023 24.93 Mn
Apr 30, 2023 2.55 Mn
Jan 31, 2023 2.77 Mn
Oct 31, 2022 3.82 Mn
Jul 31, 2022 1.75 Mn
Apr 30, 2022 1.78 Mn
Jan 31, 2022 1.62 Mn
Oct 31, 2021 2.53 Mn