Medline Q2 FY26 net income drops 58.3% to $139 million; net sales rise 11.6% to $7.7 billion

Reuters2026/08/05 11:32

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Medline posted second-quarter net sales of USD 7.7 billion, up 11.6% year over year.
Net income fell 58.3% to USD 139 million, pressured by a USD 336 million loss tied to the Tracy, California distribution-center fire.
Adjusted EBITDA rose 13.4% to USD 1.06 billion, including USD 243 million of net IEEPA tariff refund benefits.
First-half net sales climbed 11.1% to USD 15.04 billion, while net income dropped 42.3% to USD 378 million.
Full-year 2026 organic sales growth guidance increased to 9%-10%, while adjusted EBITDA guidance was cut to USD 3.3-USD 3.4 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Medline Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608050730PRIMZONEFULLFEED9803878) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Medline Q2 FY26 net income drops 58.3% to $139 million; net sales rise 11.6% to $7.7 billion

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