Medline Inc. (MDLN) Q2 2026 Earnings Call Transcript
Medline NASDAQ: MDLN reported second-quarter 2026 net sales growth of 12% to $7.7 billion, supported by demand across its medical-surgical product and supply-chain businesses, while raising its full-year organic sales outlook. The company also lowered its adjusted EBITDA guidance, citing operational investments, quality remediation efforts, retail weakness, Middle East-related inflation and costs associated with a June fire at its Tracy, California distribution center.
Although the revenue and EPS for Medline (MDLN) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 104 | $4,490.5 | $3,813.16 | -$677.34 | -15.08% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 97,400 | $3.84M | $3.43M | -$410,054 | -10.67% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1,761 | $73,242.58 | $61,705.44 | -$11,537.14 | -15.75% |
| NA Nizar Araji National Bank Of Canada /FI/ | 5,638 | $250,891 | $198,626.74 | -$52,264.26 | -20.83% |
| IH Isaac Haas Hbk Investments LP | 325,000 | $14.12M | $11.62M | -$2.51M | -17.77% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| EA Elizabeth Anderson Evercore ISI Group | 9.9 | $341.67 | $353.85 | $12.18 | 3.56% |
| Electronic Equipment, Instruments & Components Industry | Information Technology Sector | James Boyle CEO | NASDAQ (NMS) Exchange | 58507V107 CUSIP |
| US Country | 45,000 Employees | - Last Dividend | - Last Split | - IPO Date |
Medline Inc. is a leading manufacturer of medical-surgical products that cater to a wide array of healthcare settings, including hospitals, surgery centers, physician offices, post-acute facilities, and nursing homes across the United States and internationally. Founded in 1966 and headquartered in Northfield, Illinois, Medline operates through two primary segments: Medline Brand and Supply Chain Solutions. The Medline Brand segment focuses on the procurement and manufacturing of products across three key categories: surgical solutions, front line care, and laboratory and diagnostics. Meanwhile, the Supply Chain Solutions segment is dedicated to procuring and distributing a range of third-party products from national brands while offering comprehensive logistics and supply chain optimization services to both domestic and international clients.
This category encompasses a variety of med-surg products designed for patient-facing needs. The offerings include wound care products essential for managing and treating patient injuries, exam gloves crucial for infection prevention, skin care and incontinence products to maintain patient hygiene, environmental cleaning supplies to ensure sanitized care settings, textiles including sheets and gowns, hand sanitizer for maintaining hand hygiene, durable medical equipment for patient care, patient plastics, and products aimed at decolonization and infection control.
The surgical solutions segment provides products designed for the operating room and perioperative environment. Among the offerings are surgical procedure trays containing all necessary instruments, drapes and gowns to maintain a sterile environment, personal protective equipment essential for the safety of healthcare providers, sterile wraps for surgical instruments, a variety of surgical instruments, surgeon's gloves, procedure kits tailored for specific surgeries, and orthopedic implants used in various surgical procedures.
This segment includes a range of laboratory and diagnostic product solutions. Key products comprise point of care testing devices for quick patient assessment, analyzers and instrumentation for laboratory analyses, lab and diagnostic consumables necessary for daily operations, diagnostic instruments for various testing purposes, vital signs monitors for continuous patient monitoring, and anatomic pathology and phlebotomy products essential in lab diagnostics.
Medline's Supply Chain Solutions segment aids healthcare providers by procuring and distributing third-party products from established national brands. The services offered include logistics support and supply chain optimization, which help enhance efficiency in inventory management. This includes consulting engagements to tailor solutions for specific needs, outsourced warehouse and technology management, put-away-ready packaging to simplify logistics processes, third-party logistics to streamline distribution, inventory rationalization to ensure optimal stock levels, and route planning to enhance delivery efficiency.