Merlin, 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.
Previous close
$3.02
−$0.12 · -3.82%
Pre-market
$3.10
+$0.08 · +2.65%
Sep 11, 4:00 AM ET
Regular session · ET · Market data may be delayed.
Merlin, 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.
Day range
Current $3.02
52-week range
Current $3.02
Regular session · ET · Market data may be delayed.
Merlin, 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.
Day range
Current $3.02
52-week range
Current $3.02
Profitability as a percentage of reported revenue.
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 Sep 11, 2026.
Recent quarterly results
Recent quarterly results
Funds reporting this stock among their holdings, ordered by reported position size.
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