Medallion Financial (MFIN) Financial Statements & Analysis

Medallion Financial (MFIN) Income Statement

Medallion Financial reported revenue of $353.31M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 17.0% from $302.03M a year earlier. Net income was $43.04M, up 20.0% year over year, a net margin of 12.2%. Gross margin was 61.4% and operating margin 11.9%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $88.85M, up 8.4% from the same quarter a year earlier.

Medallion Financial Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Medallion Financial Corp. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	353.31	302.03	254.51	198.43	179.21	151.36	141.29	111.03	19.42
Cost of Revenue	89.82	76.50	100.76	66.24	35.76	103.97	82.43	87.38	13.77
Gross Profit	216.89	202.54	153.76	132.19	143.44	47.39	58.86	23.65	5.65
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	83.73	69.98	40.03	33.51	34.05	31.01	30.25	26.90	9.33
Operating Expenses	175.00	150.93	67.72	64.34	61.57	84.37	56.53	34.38	13.49
Operating Income	41.89	51.61	86.04	67.85	81.87	-36.98	2.34	-10.72	-7.85
Other Income/Expense
Interest Income	315.32	290.70	251.04	196.62	158.97	144.96	132.56	100.81	17.47
Interest Expense	-98.43	-88.17	62.95	36.19	31.14	34.15	35.05	28.37	13.77
Other Income/Expense	37.99	11.33	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	79.89	62.94	86.04	67.85	81.87	-36.98	2.34	-10.72	-7.85
Income Tax Expense	24.54	21.01	24.91	17.96	24.22	-10.07	0.34	0.37	-0.73
Net Income	43.04	35.88	55.08	43.84	54.11	-34.78	-1.76	-25.05	0.28
Net Income - Continuous Operations	55.34	35.88	55.08	43.84	54.11	-34.78	-1.76	-25.05	0.28
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	186.64	160.32	91.28	73.08	88.39	-29.27	9.84	-5.16	-6.83
EBIT	178.31	154.10	148.98	104.04	108.39	-	-	-	-
Depreciation & Amortization	3.95	6.22	5.24	5.23	6.52	7.71	7.50	5.56	1.02
Earnings Per Share
Basic EPS	2.00	2.00	2.00	2.00	2.00	-1.00	-	-1.00	-
Diluted EPS	2.00	2.00	2.00	2.00	2.00	-1.00	-	-1.00	-
Basic Shares Outstanding	22.77	22.55	22.51	23.58	24.60	24.45	24.34	24.22	23.92
Diluted Shares Outstanding	24.25	23.61	23.25	23.93	24.94	24.45	24.34	24.22	24.05

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Medallion Financial Financial Statements

What was Medallion Financial's revenue in fiscal 2025?

Medallion Financial reported revenue of $353.31M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 17.0% from $302.03M a year earlier.

Is Medallion Financial profitable?

Yes. Medallion Financial earned net income of $43.04M in fiscal 2025, a net margin of 12.2%. In fiscal 2024 it earned $35.88M.

What is Medallion Financial's operating margin?

Medallion Financial's operating income was $41.89M on revenue of $353.31M in fiscal 2025, an operating margin of 11.9%, compared with 17.1% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition