Medline Inc. (MDLN) FY2025 Annual P&L / Income Statement
2025-01-01 to 2025-12-31
Revenue by Geography
2025-01-01 to 2025-12-31
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Medline Inc. (MDLN) FY2025 Annual P&L / Income Statement
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.
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- 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.

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Gross margin
26.4%
Gross profit / revenue
Operating margin
7.8%
Operating profit / revenue
Cash conversion
150.5%
Operating cash / net income, same period
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