Medline falls after quarterly net income misses estimates

Medline

25/02/2026 13:39

** Shares of medical products distributor Medline MDLN.O fall 4.9% TO $47.55 premarket

** Co posted Q4 net income of $180 million vs $289 million a year earlier, missing analysts' average estimate of $337.28 million according to data compiled by LSEG

** MDLN says the 37.7% drop in net income year-over-year was due to an increase in costs of goods sold due to tariffs and higher operating costs, which includes investments in headcount and IPO-related expenses

** MDLN reports Q4 revenue of $7.79 billion, beating analysts' average estimate of $7.55 billion

** MDLN expects annual adjusted EBITDA in the range of $3.5 billion to $3.6 billion, vs estimates of $3.53 billion

** Medline's market debut was the largest public offering in the world last year

** MDLN up 19% YTD

 (Reporting by Padmanabhan Ananthan)

 ((Padmanabhan.Ananthan@thomsonreuters.com))