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Other financials

Income statement

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Revenue$50.1M+17.3%
Gross profit$28.1M+16.3%
Operating income$3.2M+3,078%
Net income$2.2M+940%
EPS (diluted)$0.18+1,000%

Balance sheet

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Cash & equivalents$16.2M-45.3%
Total debt$18.9M-47.0%
Total equity$48.7M-55.1%
Total assets$111.9M-47.7%

Cash flow

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Operating cash flow$5.2M-33.4%
CapEx$1.8M-44.7%
Free cash flow$6.4M-51.9%

Valuation

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Market cap$176.12M+61.1%
Enterprise value$178.78M
P/S0.9×

Profitability

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Gross margin56.5%+0.2pp
Operating margin-48.8%-49.4pp
Net margin-47.1%-51.0pp
FCF margin10.5%

Returns & leverage

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Return on equity-113.9%-123pp
Debt / equity0.4×+0.1×
Current ratio0.6×-0.2×

Where this comes from

Reported directly by Meridian Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The official record: Meridian Holdings, Inc. ’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Meridian Holdings, Inc. 's SG&A?
Meridian Holdings, Inc. (MRDN) reported SG&A of $24.99M in Q1 2026.
How has Meridian Holdings, Inc. 's SG&A changed year-over-year?
Meridian Holdings, Inc. 's SG&A increased by 2.8% year-over-year, from $24.3M to $24.99M.
What is the long-term trend for Meridian Holdings, Inc. 's SG&A?
Over 2 years (2023 to 2025), Meridian Holdings, Inc. 's SG&A has grown at a 91.4% compound annual growth rate (CAGR), from $54.48M to $199.63M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.