---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-26-002589"
form_type: "8-K"
ticker: "MRDN"
cik: "0001437925"
company_name: "Meridian Holdings Inc./NV"
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T02:48:15.366486+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Meridian Holdings Q1 2026: Revenue $50.1M (+17% YoY), net income $2.2M, returns to GAAP profitability

## Summary
- Net income of $2.2M ($0.18 diluted EPS) vs. loss of $0.3M in prior year; adjusted EBITDA $6.3M, above $6.1M guidance.
- Meridianbet B2C revenue $34.9M (+26% YoY); registrations up 41% to 428,400; segment operating income up 37% to $6.6M.
- Q2 2026 revenue guidance of $51M-53M, representing 18%-23% YoY growth over $43.2M in Q2 2025.
- Cash $16.2M, total debt down 54% YoY to $29.7M, net debt $13.4M (-62% YoY), net debt leverage 0.53x.

## SEC filing metadata
- accession: 0001477932-26-002589
- form_type: 8-K
- ticker: MRDN
- cik: 0001437925
- company_name: Meridian Holdings Inc./NV
- filed_at: 2026-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437925/000147793226002589/0001477932-26-002589-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437925/000147793226002589/meridian_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-26-002589
- JSON: https://secwatch.observer/filing/0001477932-26-002589.json
- Plain text: https://secwatch.observer/filing/0001477932-26-002589.txt

## Key facts
- Earnings Releases
  Meridian Holdings Inc./NV reported the first quarter ended March 31, 2026 results: revenue $50.1 million, net income $2.2 million, EPS $0.18 per diluted share.
  - Period: the first quarter ended March 31, 2026
  - Revenue: $50.1 million
  - Net income: $2.2 million
  - EPS: $0.18 per diluted share
  - Result: reported results
  source text: Meridian Holdings Reports Q1 2026 Financial Results Revenue Up 17% Year-Over-Year to $50.1 Million Returns to Profitability with Net Income of $2.2 Million Adjusted EBITDA Up 26% Year-Over-Year to $6.3 Million, Exceeding Guidance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1437925/000147793226002589/0001477932-26-002589-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.