NASDAQ:MRDN
Meridian Holdings Inc.
Meridian Holdings Inc.'s revenue grew 21.0% in fiscal 2025 to $182.9M while operating margin fell to −52.6%, its lowest in 3 years. Free cash flow was $19.2M, 10.5% of revenue, and the diluted share count rose 22.5%.Summary generated from Meridian Holdings Inc.'s SEC filings. Latest annual report filed Mar 31, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$182.9M
Revenue growth+21.0%
Revenue, 5-yr CAGRn/a
Gross margin56.6%
Operating margin−52.6%
Net margin−50.3%
ROIC−100.1%
Return on equity−121.3%
Debt / equity0.37
Free cash flow$19.2M
FCF margin10.5%
Share count change+22.5%
Financials
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 93 | 151 | 183 |
| Operating income | 14 | 3 | −96 |
| Net income | 14 | −1 | −92 |
| Free cash flow | 18 | 17 | 19 |
Recent filings
- DEF 14AProxy statement
Oct 2, 2026 - 8-KEntry into a material agreement
Oct 2, 2026 - 8-KOther events
Sep 29, 2026 - 8-KTermination of a material agreement
Jul 29, 2026 - 8-KResults of operations and financial condition
Jul 29, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Jul 29, 2026 - 4Insider transaction report
Jun 24, 2026 - 4Insider transaction report
Jun 12, 2026