Meridian Holdings (MRDN) Tax Rate (2022 - 2026)
Meridian Holdings (MRDN) reported Tax Rate of 24.3% for Q1 2026, down 3224.0% on a YoY basis from 0.78% in Q1 2025, and up 1411.23% quarter-over-quarter from 1.85% in Q4 2025.
Meridian Holdings (MRDN) Tax Rate (2022 - 2026) Analysis & Trends
Meridian Holdings has reported Tax Rate for 5 years, with the latest figure at 24.3% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 3224.0% year-over-year to 24.3%; the trailing twelve-month figure through Mar 2026 stood at 3.34% (up 5198.0% YoY), and the FY2025 full-year result was 2.16%, down 21882.0% from the prior year.
- Tax Rate for Q1 2026 stood at 24.3%, up from 1.85% in the prior quarter.
- The five-year high for Tax Rate was 97.11% in Q2 2024, with the low at 130.22% in Q3 2024.
- Historically, Tax Rate has averaged 4.62% across 5 years, with a median of 6.88% in 2023.
- The largest YoY upside for Tax Rate was 16298 bps in 2025 against a maximum downside of 11224 bps in 2025.
- Meridian Holdings' Tax Rate stood at 5.12% in 2022, then surged by 234 bps to 6.88% in 2023, then tumbled by 64 bps to 2.46% in 2024, then plunged by 175 bps to 1.85% in 2025, then surged by 1411 bps to 24.3% in 2026.
- The last three Tax Rate figures came in at 24.3% (Q1 2026), 1.85% (Q4 2025), and 32.76% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Electronic Arts | 50.63 Bn | 47.77 Bn | 1.76 Bn | 20.38% |
| 2 | Take Two Interactive Software | 39.05 Bn | 37.06 Bn | 938.70 Mn | -368.50% |
| 3 | Roblox | 30.61 Bn | 27.39 Bn | 1.15 Bn | -0.40% |
| 4 | Playtika Holding | 1.16 Bn | 382.18 Mn | 384.10 Mn | 22.09% |
| 5 | Sohu.com | 430.85 Mn | -399.49 Mn | 111.48 Mn | 264.26% |
| 6 | Gdev | 243.40 Mn | 135.08 Mn | 75.00 Mn | 1.07% |
| 7 | Meridian Holdings | 161.93 Mn | 147.40 Mn | 28.14 Mn | 24.30% |
| 8 | Skillz | 141.06 Mn | -18.87 Mn | 25.51 Mn | -0.68% |
| 9 | Brag House Holdings | 90.80 Mn | 90.66 Mn | - | - |
| 10 | Playstudios | 71.87 Mn | -31.80 Mn | 37.39 Mn | -5.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.30% |
| Mar 31, 2026 | 24.30% |
| Dec 31, 2025 | -1.85% |
| Dec 31, 2025 | -1.85% |
| Sep 30, 2025 | 32.76% |
| Sep 30, 2025 | 32.76% |
| Jun 30, 2025 | -15.13% |
| Jun 30, 2025 | -15.13% |
| Mar 31, 2025 | 56.55% |
| Mar 31, 2025 | 56.55% |
| Dec 31, 2024 | 2.46% |
| Dec 31, 2024 | 2.46% |
| Sep 30, 2024 | -130.22% |
| Sep 30, 2024 | -130.22% |
| Jun 30, 2024 | 97.11% |
| Jun 30, 2024 | 97.11% |
| Mar 31, 2024 | 6.66% |
| Mar 31, 2024 | 6.66% |
| Dec 31, 2023 | 6.88% |
| Dec 31, 2023 | 6.88% |