Meridian Holdings (MRDN) Selling, General & Administrative (2010 - 2026)
Meridian Holdings (MRDN) reported Selling, General & Administrative of $24.41 million for Q2 2026, down 8.5% from $26.68 million a year earlier and down 2.3% from the prior quarter.
Meridian Holdings (MRDN) Selling, General & Administrative (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Meridian Holdings' Selling, General & Administrative came in at $198.04 million, up 95.6% year-over-year; for FY2025, it came in at $199.63 million, up 132.6% from FY2024.
- Selling, General & Administrative has a five-year compound annual growth rate of 322.0% (FY2020 to FY2025).
- By year, Selling, General & Administrative came in at $85.83 million in FY2024 (+57.5%), $54.48 million in FY2023, $6.13 million in FY2022 (+450.7%) and $1.11 million in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Selling, General & Administrative since Q1 2025.
- Year over year, Selling, General & Administrative gained in five of the last seven quarters, with growth averaging 59.3%.
- The high point for year-over-year Selling, General & Administrative in five years was Q4 2025 (growth of 353.2%); the low point was Q4 2024 (a decline of 44.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $24.99 million (Q1 2026), $121.87 million (Q4 2025) and $26.77 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 23.78 Bn | 10.19 Bn | 1.48 Bn | 331.00 Mn |
| 2 | DraftKings | 17.20 Bn | 12.86 Bn | 551.45 Mn | 169.44 Mn |
| 3 | Flutter Entertainment | 13.27 Bn | 7.01 Bn | 1.71 Bn | 545.00 Mn |
| 4 | Madison Square Garden Sports | 9.61 Bn | 9.21 Bn | 119.21 Mn | 85.44 Mn |
| 5 | Life Time Group Holdings | 9.01 Bn | 8.24 Bn | 412.26 Mn | 66.03 Mn |
| 6 | Wynn Resorts | 7.99 Bn | 1.55 Bn | 758.95 Mn | 270.12 Mn |
| 7 | MGM Resorts International | 7.66 Bn | -519.56 Mn | 1.98 Bn | 1.26 Bn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 211.00 Mn |
| 9 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | 521.00 Mn |
| 10 | Meridian Holdings | 146.08 Mn | 73.90 Mn | 26.85 Mn | 24.41 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Jun 30, 2023 | 12.61 Mn |
| Apr 30, 2023 | 1.82 Mn |
| Jan 31, 2023 | 2.04 Mn |
| Oct 31, 2022 | 1.51 Mn |
| Jul 31, 2022 | 1.56 Mn |
| Apr 30, 2022 | 1.60 Mn |
| Jan 31, 2022 | 1.46 Mn |
| Jul 31, 2021 | 340,903.00 |
| Apr 30, 2021 | 327,723.00 |
Meridian Holdings Selling, General & Administrative 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=selling-general-and-administrative&ticker=MRDN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "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=selling-general-and-administrative&ticker=MRDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();