Medline Inc. reported second quarter and first six months 2026 results on August 5, 2026. Second quarter net sales increased 11.6% to $7.7 billion, while net income decreased 58.3% to $139 million due to a $336 million loss from a fire at its Tracy, California distribution center and higher operating expenses. Adjusted EBITDA rose 13.4% to $1.1 billion, supported by $243 million in net IEEPA tariff refund benefits partially offset by $89 million in customer repayments. The company updated its full year 2026 organic sales growth guidance to 9.0%-10.0% and Adjusted EBITDA guidance to $3.3-$3.4 billion, citing inflationary pressures and retail channel softness. Medline Inc. is the largest provider of medical-surgical products and supply chain solutions serving all points of care.
