Meridian Holdings (MRDN) Operating Leases (2021 - 2026)
Meridian Holdings (MRDN) recorded Operating Leases of $3.34 million in Q2 2026, down 21.7% from $4.27 million a year earlier but up 1.1% from the prior quarter.
Meridian Holdings (MRDN) Operating Leases (2021 - 2026) Analysis & Trends
At the end of FY2025, Meridian Holdings reported Operating Leases of $3.56 million, down 31.4% from FY2024.
- Annual Operating Leases has a four-year compound annual growth rate of 110.3% (FY2021 to FY2025).
- Across earlier years, Operating Leases came in at $5.19 million in FY2024 (+189.2%), $1.8 million in FY2023, $59,778 in FY2022 (-67.2%) and $182,024 in FY2021.
- Quarterly Operating Leases has ranged from $8,930 in Q2 2023 to $5.19 million in Q4 2024 over the past five years.
- On a year-over-year basis, Operating Leases has declined for three consecutive quarters, with growth averaging 39.4% over the last six quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 189.2% in Q4 2024, against a decline of 92.6% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.3 million (Q1 2026), $3.56 million (Q4 2025) and $3.74 million (Q3 2025).
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
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.34 Mn |
| Mar 31, 2026 | 3.30 Mn |
| Dec 31, 2025 | 3.56 Mn |
| Sep 30, 2025 | 3.74 Mn |
| Jun 30, 2025 | 4.27 Mn |
| Mar 31, 2025 | 4.76 Mn |
| Dec 31, 2024 | 5.19 Mn |
| Sep 30, 2024 | 2.60 Mn |
| Jun 30, 2024 | 2.28 Mn |
| Dec 31, 2023 | 1.80 Mn |
| Apr 30, 2023 | 8,930.00 |
| Jan 31, 2023 | 37,733.00 |
| Oct 31, 2022 | 59,778.00 |
| Jul 31, 2022 | 92,487.00 |
| Apr 30, 2022 | 121,312.00 |
| Jan 31, 2022 | 144,248.00 |
| Oct 31, 2021 | 182,024.00 |
| Jul 31, 2021 | 211,915.00 |
Meridian Holdings Operating Leases 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=operating-leases&ticker=MRDN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=MRDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();