The table below shows Medline Inc.'s income statement line items across its last 3 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
Revenue
$28.43B
$25.51B
$23.23B
Cost of revenue
$20.91B
$18.53B
$17.35B
Gross profit
$7.52B
$6.98B
$5.88B
R&D
$80.00M
$67.00M
$60.00M
SG&A
$4.52B
$4.11B
$3.87B
Operating income
$2.21B
$2.15B
$1.25B
Income tax
$91.00M
$46.00M
$30.00M
Net income
MDLN annual revenue (10-K history)
Medline Inc. reported annual revenue of $28.43B for fiscal year 2025. That is up 11.5% from $25.51B in fiscal 2024. Figures come from the company's audited annual reports as filed with the SEC.