Price
No data yet.
Social Signal Score
Analyst Ratings
3 analystsRevenue
$2.19M+154.52%Analyst Estimates
Consensus estimates, not results. Via Financial Modeling Prep.
Company Profile
- CEO
- Matthew George
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Employees
- 3
- Beta
- 1.78
- Country
- US
- Piotroski score
- 3 / 9 (Weak)
- Altman Z-score
- -4.95
Financials
MRLN has only 6 quarterly periods on file — the charts below show the full history available.
Revenue
$2.19M+154.5%Net Income
$-58.43MEBITDA
$-33.54MFree Cash Flow
$-28.91MEPS (diluted)
$-1.40Shares Outstanding (diluted)
91.31M+170.5%Operating Expenses
$33.42MCash & Debt
$183.87MQuote
Valuation & Ratios
Returns & Efficiency
Revenue & Net Income (Annual)
| Fiscal Year | Revenue | Net Income | EPS |
|---|---|---|---|
| 2025 | $0.00 | $6.01M | $0.18 |
| 2024 | $1.23M | $-55.25M | $-1.64 |
| 2023 | $1.00M | $-36.46M | $-1.08 |
Valuation
Project earnings forward and see what return today's price implies.
EPS was negative in at least one boundary year, so a compound growth rate can't be computed from it. Set your own assumption.
- EPS in 5 years
- $0.26
- Implied price
- $15.17
- Return from $1.71
- 54.7% a year
To earn 15.0% a year on these assumptions you'd need to buy at $7.54 — today's price is already 77.3% below that.
How sensitive is that answer?
Annual return across nearby assumptions. If the result is only attractive in one corner, that is the finding.
| growth \ P/E | 40 | 49 | 58 | 67 | 76 |
|---|---|---|---|---|---|
| -2.0% | 30.4% | 35.8% | 40.4% | 44.5% | 48.2% |
| 3.0% | 37.0% | 42.7% | 47.6% | 51.9% | 55.8% |
| 8.0% | 43.7% | 49.6% | 54.7% | 59.3% | 63.3% |
| 13.0% | 50.3% | 56.5% | 61.9% | 66.6% | 70.9% |
| 18.0% | 57.0% | 63.5% | 69.1% | 74.0% | 78.5% |
This is arithmetic on assumptions you chose, not a forecast or a recommendation. It ignores dividends, buybacks, share issuance and debt, and it assumes a company still earning money in 5 years. Change any input and the answer changes a lot — that sensitivity is the honest result, not a flaw in the model.
Signal Score (90d)
50-66.67%Social Signal Score
Mentions (6)
- Newsglobenewswire.com·17h ago·Neutral
Merlin, Inc. To Participate in Upcoming Investor Conferences BOSTON, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Merlin, Inc. (Nasdaq: MRLN), an aerospace and defense technology company building the operating system of record for autonomous flight, today announced its management is scheduled to participate in three investor conferences in the fourth quarter of 2026.
View source ↗ - Newsglobenewswire.com·25d ago·Neutral
Merlin Demonstrates Autonomous Flight Capabilities at Texas Department of Transportation Project NEXUS eIPP Kickoff Event Merlin showcased how autonomy can support safer, more efficient aviation operations Merlin showcased how autonomy can support safer, more efficient aviation operations
View source ↗ - Newsseekingalpha.com·35d ago·Neutral
Merlin Gets A Buy For Development Milestones And Growth Potential Merlin is an early-stage autonomous flight technology company currently rated Buy based on significant growth potential. MRLN doubled revenue to $2.2M in Q2-2026, reduced the net loss, and achieved key technical milestones, including its first fully autonomous landing. Despite a Quant system Strong Sell, Wall Street analysts project explosive revenue growth and see the stock as undervalued.
View source ↗ - Newsglobenewswire.com·43d ago·Positive
…ated a New Zealand Part 146 Aircraft Design Organization, Advancing Its Path to Commercial Operations BOSTON, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Merlin, Inc. (NASDAQ: MRLN), an aerospace and defense technology company building the operating system of record for autonomous flight, today announced it has received a Part 146 Aircraft Design Organization certificate from the Civil Aviation Authority of New Zealand (CAANZ). Merlin's own engineers holding delegation authority can now approve certain a…
View source ↗ - Newsmarketbeat.com·53d ago·Neutral
Merlin, Inc. Common Stock Q2 Earnings Call Highlights Merlin, Inc. Common Stock NASDAQ: MRLN reported second-quarter revenue of approximately $2.2 million as the aviation-autonomy company advanced its C-130J program, expanded its commercial cargo partnerships and reached a certification milestone with New Zealand's aviation regulator.
View source ↗ - Newsglobenewswire.com·53d ago·Neutral
Merlin, Inc. Reports Second Quarter 2026 Results BOSTON, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Merlin, Inc. (Nasdaq: MRLN), an aerospace and defense technology company building the operating system of record for autonomous flight, today announced operating and financial results for its second quarter ended June 30, 2026. Business Highlights USSOCOM C-130J contract progress.
View source ↗
Earnings
Thu, Nov 12(in 5 weeks)
Consensus estimate $-0.26 per share
Typical surprise -789.5% (median, so one quarter with a near-zero estimate can't distort it)
- Thu, Aug 13$-1.40 vs $-0.28miss
- Thu, May 14$-1.27 vs $-0.10miss
Estimates and results for MRLN via Financial Modeling Prep. Beating consensus says the company cleared the bar analysts set, not that the business grew.
Insider trading
Open-market buys and sells by MRLN officers and directors.
No open-market trades in the recent filings. All 36 recent Form 4 entries were share awards, option exercises or tax withholding — pay, not decisions to buy or sell.
36 further Form 4 entries are share awards, option exercises or shares withheld for tax. Those are compensation, not trades, so they are excluded above. Buying is the stronger signal: an insider spends their own money for one reason. Selling has many innocent explanations — tax, diversifying, a house — so it says far less than it appears to. Via SEC filings.
Congress trades
No disclosed congressional trades in MRLN.
Self-reported filings, amounts as brackets. Via Senate/House disclosures.