What is Medline, Inc. 's SG&A?

Medline, Inc. (MDLN) reported SG&A of $1.23B in Q1 2026.

How has Medline, Inc. 's SG&A changed year-over-year?

Medline, Inc. 's SG&A increased by 14.8% year-over-year, from $1.07B to $1.23B.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

Medline, Inc. MDLN SG&A

SG&A at other companies

Baxter InternationalBAX

$728M+3.6%

Becton, Dickinson and CompanyBDX

$1.21B+8.6%

Cardinal HealthCAH

$1.54B+17.3%

McKessonMCK

$1.8B-9.1%

Henry ScheinHSIC

$809M+9.6%

SolventumSOLV

$827M+7.5%

Other financials

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

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Market cap$34.26B+10.2%

Enterprise value$44.58B—

P/E40.7×—

P/S1.3×—

Profitability

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Gross margin27.4%+1.5pp

Operating margin8.5%+2.3pp

Net margin4.6%+2.7pp

FCF margin6.4%+0.5pp

Returns & leverage

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Return on equity7.7%—

Debt / equity1.1×—

Current ratio4.4×—

Where this comes from

Reported directly by Medline, Inc. in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The official record: Medline, Inc. ’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Medline, Inc. 's SG&A?: Medline, Inc. (MDLN) reported SG&A of $1.23B in Q1 2026.
How has Medline, Inc. 's SG&A changed year-over-year?: Medline, Inc. 's SG&A increased by 14.8% year-over-year, from $1.07B to $1.23B.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.