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Medline, Inc. MDLN Q1 2026 earnings

Reported May 6, 2026 · Before market open

Revenue estimate$7.2B
EPS estimate$0.30

Next report

Aug 5, 2026 (In 3 weeks)
Revenue estimate$7.5B
EPS estimate$0.32

Financials

Q1 2026

Income statement

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Revenue$7.4B+10.7%
Gross profit$1.8B+0.9%
Operating income$422.0M-26.1%
Net income$239.0M-25.1%
EPS (diluted)$0.16

Balance sheet

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Cash & equivalents$2.2B+166%
Total debt$12.6B
Total equity$11.3B
Total assets$39.0B

Cash flow

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Operating cash flow$412.0M-39.6%
CapEx$96.0M-2.0%
Free cash flow$316.0M-45.9%

Valuation & ratios

Valuation

as of 07/10/26
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Market cap$34.54B
Enterprise value$44.87B
P/E41×
P/S1.3×

Returns & leverage

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Debt / equity1.1×
Current ratio4.4×

Segments

By product

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Front Line Care$1.6B+6.0%
Surgical Solutions$1.6B+7.4%
Laboratory and Diagnostics$293.0M+0.7%

By segment

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Supply Chain Solutions$3.9B+15.0%
Medline Brand$3.5B+6.2%

By geography

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International$495.0M+10.0%

Versus estimates

Revenue

Q1 2026$7.4BBeat by $189.4M
Q4 2025$7.8BBeat by $274.8MQ3 2025$7.1B

Diluted EPS

Q1 2026$0.33Beat by $0.03
Q4 2025$0.22Miss by $0.02Q3 2025$0.31

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Questions, answered.

When did Medline, Inc. report Q1 2026 earnings?
Medline, Inc. (MDLN) reported Q1 2026 earnings on May 6, 2026 before market open.
What were Medline, Inc. 's Q1 2026 revenue and EPS?
Medline, Inc. reported revenue of $7.4B and diluted EPS of $0.33 for Q1 2026.
Did Medline, Inc. beat estimates in Q1 2026?
Revenue beat the consensus estimate of $7.2B by $189.4M. EPS beat the consensus estimate of $0.30 by $0.03.
Where can I find Medline, Inc. 's Q1 2026 SEC filings?
You can read the 8-K earnings release (0002046386-26-000022) and the 10-Q periodic report (0002046386-26-000026) directly on SEC EDGAR. The filing index links above go to sec.gov.