MDLN · Medline Inc.
Key customers — 74% of revenue (the year ended December 31, 2025)
“approximately $19.7 billion (or 69% of consolidated net sales and 74% of U.S. net sales) was from sales to member hospitals under contract with our largest GPOs: Vizient Supply, LLC, HealthTrust Purchasing Group, L.P., and Premier Healthcare Alliance, L.P.”
Key customers — 69% of revenue (the year ended December 31, 2025)
“approximately $19.7 billion (or 69% of consolidated net sales and 74% of U.S. net sales) was from sales to member hospitals under contract with our largest GPOs: Vizient Supply, LLC, HealthTrust Purchasing Group, L.P., and Premier Healthcare Alliance, L.P.”
5 customers — 11.3% of revenue (the year ended December 31, 2025)
“For the year ended December 31, 2025, our top five U.S. customers represented approximately $3.2 billion (or 11.3%) of our net sales.”
Weekly off-exchange (dark pool / OTC) trading volume reported to FINRA under its OTC/ATS Transparency data. ATS volume is executed on alternating trading systems (dark pools); non-ATS OTC is other over-the-counter dealer volume. The off-exchange share is total off-exchange volume as a percentage of consolidated weekly trading volume for the same Monday–Friday week.
Off-Exchange Volume History
| Week Start | ATS Volume | Non-ATS OTC Volume | Total Off-Exchange | % of FINRA Weekly Volume |
|---|---|---|---|---|
| 2026-07-06 | 9,133,421 | 2,753,929 | 11,887,350 | 42.2% |
| 2026-06-29 | 11,077,526 | 5,743,322 | 16,820,848 | 35.1% |
| 2026-06-22 | 12,127,097 | 4,429,734 | 16,556,831 | 42.5% |
| 2026-06-15 | 10,713,232 | 9,410,650 | 20,123,882 | 40.4% |
| 2026-06-08 | 14,295,663 | 5,680,269 | 19,975,932 | 39.9% |
| 2026-06-01 | 21,573,415 | 8,383,547 | 29,956,962 | 44.0% |
| 2026-05-25 | 14,759,399 | 16,718,003 | 31,477,402 | 43.6% |
| 2026-05-18 | 29,885,004 | 8,322,275 | 38,207,279 | 45.6% |
| 2026-05-11 | 12,454,283 | 3,737,824 | 16,192,107 | 46.8% |
| 2026-05-04 | 17,580,157 | 6,290,293 | 23,870,450 | 47.2% |
| 2026-04-27 | 6,139,256 | 6,359,450 | 12,498,706 | 60.3% |
| 2026-04-20 | 9,770,266 | 2,233,842 | 12,004,108 | 48.5% |
| 2026-04-13 | 9,450,221 | 3,266,967 | 12,717,188 | 46.9% |
| 2026-04-06 | 8,926,793 | 4,384,839 | 13,311,632 | 47.9% |
| 2026-03-30 | 9,101,283 | 7,951,331 | 17,052,614 | 44.4% |
| 2026-03-23 | 7,469,192 | 2,754,971 | 10,224,163 | 40.9% |
| 2026-03-16 | 9,180,840 | 8,480,437 | 17,661,277 | 36.6% |
| 2026-03-09 | 7,854,536 | 3,276,243 | 11,130,779 | 40.3% |
| 2026-03-02 | 18,825,297 | 9,563,915 | 28,389,212 | 38.8% |
| 2026-02-23 | 6,746,283 | 1,889,169 | 8,635,452 | 47.8% |
| 2026-02-16 | 2,704,408 | 1,247,699 | 3,952,107 | 48.0% |
| 2026-02-09 | 3,354,719 | 2,355,697 | 5,710,416 | 47.2% |
| 2026-02-02 | 5,171,898 | 2,869,863 | 8,041,761 | 53.3% |
| 2026-01-26 | 5,667,045 | 6,614,116 | 12,281,161 | 67.2% |
| 2026-01-19 | 2,779,830 | 2,005,204 | 4,785,034 | 55.7% |
| 2026-01-12 | 4,436,761 | 2,647,379 | 7,084,140 | 55.6% |
| 2026-01-05 | 9,648,017 | 10,941,001 | 20,589,018 | 67.2% |
| 2025-12-29 | 6,872,770 | 4,165,749 | 11,038,519 | 41.2% |
| 2025-12-22 | 10,265,844 | 13,705,423 | 23,971,267 | 44.8% |
| 2025-12-15 | 29,298,787 | 13,984,699 | 43,283,486 | 38.0% |