Merlin, Inc.
MRLNNASDAQIndustrialsAerospace & Defense
Previous close
$3.28
−$0.09 · -2.67%
MRLN company overview
Regular session · ET · Market data may be delayed.
Company profile
Company websiteMerlin, Inc. is a US-based developer of cost-effective, takeoff-to-touchdown autonomy for both legacy and next-generation airborne systems. Its aircraft-agnostic, AI-powered software is purpose-built for military and civil programs and is powering an expanding range of missions and aircraft, proven through numerous autonomous flights from test facilities worldwide. The company works with military customers to address national security challenges through safe and reliable autonomy.
- Industry
- Aerospace & Defense
- Sector
- Industrials
- Headquarters
- US
- CEO
- Matthew George
- Listed since
- Mar 17, 2026
- Employees
- 3
Market position
Day range
Current $3.28
52-week range
Current $3.28
- Open
- $3.41
- Previous close
- $3.37
- Volume
- 863.76K
- 0.39× average
- Average volume
- 2.2M
- Average daily volume
- Market cap
- 316.6M USD
- Beta
- 1.87
- Market reference 1
- 50-day average
- $4.5351
- -27.68% below average
- 200-day average
- $8.6426
- -62.05% below average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 353.08M USD
- P/E (TTM)
- -1.25×
- P/B (TTM)
- 4,786.7×
- P/S (TTM)
- 99.06×
- EV / EBITDA
- 58.77×
- Earnings yield
- 1.70%
- Free cash flow yield
- -0.38%
- Dividend yield
- 0.00%
Profitability & efficiency
- Gross margin
- -16.71%
- Operating margin
- -2017.50%
- Net margin
- -4617.12%
- Return on equity
- 2.39%
- Return on assets
- 2.28%
- Return on invested capital
- -1.74%
Financial health
- Debt / equity
- 0.04×
- Current ratio
- 0.27×
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | — | 1.23M USD | 1M USD |
| Cost of goods sold | — | 8.5M USD | 735K USD |
| Gross profit | — | −7.27M USD | 268K USD |
| Research and development | — | 27.15M USD | 24.67M USD |
| Selling, general, and administrative | 4.53M USD | 19.61M USD | 14.04M USD |
| Operating expenses | 4.53M USD | 46.75M USD | 38.7M USD |
| Interest income | 10.54M USD | 2.01M USD | 3.25M USD |
| Interest expense | — | 2.42M USD | 304K USD |
| Depreciation and amortization | — | 2.04M USD | 1.8M USD |
| Operating income | −4.53M USD | −54.03M USD | −38.44M USD |
| Net income | 6.01M USD | −55.25M USD | −36.46M USD |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 0%
- 0 beats, 2 misses, 0 met estimates
- Average EPS surprise
- -789.55%
- 2 comparable reports
- Latest EPS result
- -1.4
- Estimate -0.28 · Miss by 409.09%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Analyst ratings
Third-party consensus; not a GoAI recommendation.
Rating distribution
3 ratingsLimited analyst sample: 3 ratings. Interpret the distribution with caution.
MRLN peers
ETFs holding MRLN
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Extended Market ETFVXF- Market value
- 1.48M
- Weight
- 0.00%
- AUM
- 93.7B USD
- Expense ratio
- 0.05%
- Price / 1D
- $245.53+0.82%
Schwab U.S. Small-Cap ETFSCHA- Market value
- 540.73K
- Weight
- 0.00%
- AUM
- 23.1B USD
- Expense ratio
- 0.03%
- Price / 1D
- $34.83+0.52%
Schwab U.S. Broad Market ETFSCHB- Market value
- 107.24K
- Weight
- 0.00%
- AUM
- 44.6B USD
- Expense ratio
- 0.03%
- Price / 1D
- $29.61+0.48%
iShares Morningstar Small-Cap ETFISCB- Market value
- 4.16K
- Weight
- 0.00%
- AUM
- 290.55M USD
- Expense ratio
- 0.04%
- Price / 1D
- $76.465+0.72%
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