What is Medline, Inc. 's total operating expenses?

Medline, Inc. (MDLN) reported total operating expenses of $1.42B in Q1 2026.

How has Medline, Inc. 's total operating expenses changed year-over-year?

Medline, Inc. 's total operating expenses increased by 13.2% year-over-year, from $1.25B to $1.42B.

What does total operating expenses mean?

The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

Medline, Inc. MDLN Total Operating Expenses

Total Operating Expenses at other companies

McKessonMCK

$1.89B-7.5%

StrykerSYK

$2.87B-1.1%

Merit Medical SystemsMMSI

$140.64M+7.4%

ICU MedicalICUI

$192.65M-2.3%

NovantaNOVT

$86.04M+19.6%

MAG

MagneraMAGN

$706M-3.9%

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$33.35B+7.3%

Enterprise value$43.67B—

P/E39.6×—

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

See full

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:OperatingExpenses.

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 total operating expenses?: Medline, Inc. (MDLN) reported total operating expenses of $1.42B in Q1 2026.
How has Medline, Inc. 's total operating expenses changed year-over-year?: Medline, Inc. 's total operating expenses increased by 13.2% year-over-year, from $1.25B to $1.42B.
What does total operating expenses mean?: The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.