# Medline Inc. (MDLN) FY2025 Annual P&L / Income Statement

- Company: Medline Inc. (MDLN)
- Period: 2025-01-01 to 2025-12-31
- Filing: FY2025 10-K, filed 2026-02-25, accession number 0002046386-26-000009
- Page: https://plicit.ai/financials/mdln/fy2025-annual-income-statement
- Chart image: https://plicit.ai/charts/mdln-fy2025-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service by Geography

Income statement for 2025-01-01 through 2025-12-31. View: Product and Service by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 28,432,000,000 US dollars
- **Cost of goods sold**: 20,914,000,000 US dollars
- **Gross profit**: 7,518,000,000 US dollars
- **Total operating expense**: 5,306,000,000 US dollars
- **Operating income**: 2,212,000,000 US dollars
- **Total other expense**: negative 964,000,000 US dollars
- **Income before income taxes**: 1,248,000,000 US dollars
- **Provision for income taxes**: 91,000,000 US dollars
- **Net income attributable to Medline Inc.**: 1,159,000,000 US dollars
- **Acute care - UNITED STATES**: 19,506,000,000 US dollars
- **Non-Acute care - UNITED STATES**: 6,973,000,000 US dollars
- **Undisclosed (calculated)**: 1,953,000,000 US dollars
- **Amortization of intangible assets**: 704,000,000 US dollars
- **Other operating expenses**: 78,000,000 US dollars
- **Selling, general and administrative expenses**: 4,524,000,000 US dollars
- **Net loss attributable to noncontrolling interests**: 2,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/mdln/fy2025-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/mdln-fy2025-annual-revenue-by-geography-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 28,432,000,000 US dollars
- **Cost of goods sold**: 20,914,000,000 US dollars
- **Gross profit**: 7,518,000,000 US dollars
- **Total operating expense**: 5,306,000,000 US dollars
- **Operating income**: 2,212,000,000 US dollars
- **Total other expense**: negative 964,000,000 US dollars
- **Income before income taxes**: 1,248,000,000 US dollars
- **Provision for income taxes**: 91,000,000 US dollars
- **Net income attributable to Medline Inc.**: 1,159,000,000 US dollars
- **UNITED STATES**: 26,479,000,000 US dollars
- **International**: 1,953,000,000 US dollars
- **Amortization of intangible assets**: 704,000,000 US dollars
- **Other operating expenses**: 78,000,000 US dollars
- **Selling, general and administrative expenses**: 4,524,000,000 US dollars
- **Net loss attributable to noncontrolling interests**: 2,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/mdln/fy2025-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/mdln-fy2025-annual-revenue-by-business-segment-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 28,432,000,000 US dollars
- **Cost of goods sold**: 20,914,000,000 US dollars
- **Gross profit**: 7,518,000,000 US dollars
- **Total operating expense**: 5,306,000,000 US dollars
- **Operating income**: 2,212,000,000 US dollars
- **Total other expense**: negative 964,000,000 US dollars
- **Income before income taxes**: 1,248,000,000 US dollars
- **Provision for income taxes**: 91,000,000 US dollars
- **Net income attributable to Medline Inc.**: 1,159,000,000 US dollars
- **Medline Brand**: 13,720,000,000 US dollars
- **Supply Chain Solutions**: 14,712,000,000 US dollars
- **Amortization of intangible assets**: 704,000,000 US dollars
- **Other operating expenses**: 78,000,000 US dollars
- **Selling, general and administrative expenses**: 4,524,000,000 US dollars
- **Net loss attributable to noncontrolling interests**: 2,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.