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10-K

Annual Report

Medline Inc. MDLN

0002046386-26-000009

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Filed
Feb 25, 2026 12:00 AM ET
Period of report

On SEC.gov

Financials in this filing

Metric Period Value
Shares Diluted FY 2025 · Dec 31, 2025 809.69M sh
Shares Diluted FY 2025 · Dec 31, 2025 810M sh
Stock Repurchased FY 2025 · Dec 31, 2025 $33M
Stock Repurchased FY 2025 · Dec 31, 2024 $20M
Stock Repurchased FY 2025 · Dec 31, 2023 $0
Capex FY 2025 · Dec 31, 2025 $447M
Capex FY 2025 · Dec 31, 2024 $354M
Capex FY 2025 · Dec 31, 2023 $275M
Operating Cash Flow FY 2025 · Dec 31, 2025 $1.74B
Operating Cash Flow FY 2025 · Dec 31, 2024 $1.77B
Operating Cash Flow FY 2025 · Dec 31, 2023 $1.69B
Long Term Debt FY 2025 · Dec 31, 2025 $12.48B
Long Term Debt FY 2025 · Dec 31, 2024 $16.42B
Short Term Debt FY 2025 · Dec 31, 2025 $1M
Short Term Debt FY 2025 · Dec 31, 2024 $2M
Cash And Equivalents FY 2025 · Dec 31, 2025 $1.94B
Cash And Equivalents FY 2025 · Dec 31, 2024 $199M
Stockholders Equity FY 2025 · Dec 31, 2025 $10.74B
Current Liabilities FY 2025 · Dec 31, 2025 $2.49B
Current Liabilities FY 2025 · Dec 31, 2024 $2.44B
Total Liabilities FY 2025 · Dec 31, 2025 $19.2B
Total Liabilities FY 2025 · Dec 31, 2024 $19.45B
Current Assets FY 2025 · Dec 31, 2025 $10.68B
Current Assets FY 2025 · Dec 31, 2024 $8.27B
Total Assets FY 2025 · Dec 31, 2025 $38.48B
Total Assets FY 2025 · Dec 31, 2024 $35.98B
Eps Diluted FY 2025 · Dec 31, 2025 −$0.01
Eps Diluted FY 2025 · Dec 31, 2025 −$0.01
Eps Basic FY 2025 · Dec 31, 2025 −$0.01
Eps Basic FY 2025 · Dec 31, 2025 −$0.01
Sga Expense FY 2025 · Dec 31, 2025 $4.52B
Sga Expense FY 2025 · Dec 31, 2024 $4.11B
Sga Expense FY 2025 · Dec 31, 2023 $3.87B
Rd Expense FY 2025 · Dec 31, 2025 $80M
Rd Expense FY 2025 · Dec 31, 2024 $67M
Rd Expense FY 2025 · Dec 31, 2023 $60M
Net Income FY 2025 · Dec 31, 2025 −$7M
Net Income FY 2025 · Dec 31, 2025 $1.16B
Operating Income FY 2025 · Dec 31, 2025 $2.21B
Operating Income FY 2025 · Dec 31, 2024 $2.15B
Operating Income FY 2025 · Dec 31, 2023 $1.25B
Gross Profit FY 2025 · Dec 31, 2025 $7.52B
Gross Profit FY 2025 · Dec 31, 2024 $6.98B
Gross Profit FY 2025 · Dec 31, 2023 $5.89B
Cost Of Revenue FY 2025 · Dec 31, 2025 $20.91B
Cost Of Revenue FY 2025 · Dec 31, 2024 $18.53B
Cost Of Revenue FY 2025 · Dec 31, 2023 $17.35B
Revenue FY 2025 · Dec 31, 2025 $28.43B
Revenue FY 2025 · Dec 31, 2024 $25.51B
Revenue FY 2025 · Dec 31, 2023 $23.23B