Merlin (MRLN)
Develops Merlin Pilot for reduced-crew and uncrewed aircraft flight.
$2.90
Pre-market+0.04 (+1.58%)
At close$2.86(+1.60%)
In millions of USD, except per-share figures
| In millions | Q4 FY24Dec 2024 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 1 | 0 | 0 | 0 | 1 | 2 |
| Cost of revenue | 2 | 0 | 0 | 0 | 2 | 2 |
| Gross profit | −1 | 0 | 0 | 0 | −1 | 0 |
| 11 | 0 | 3 | 1 | 26 | 34 | |
| Research & development | 6 | 0 | 0 | 0 | 14 | 16 |
| 5 | 0 | 3 | 1 | 15 | 17 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 1 | 1 |
| General & administrative | 5 | 0 | 0 | 0 | 14 | 16 |
| Other expenses | 0 | 0 | 0 | 0 | −2 | 0 |
| Operating income | −12 | 0 | −3 | −1 | −27 | −34 |
| −1 | 3 | 3 | 3 | −63 | −25 | |
| Interest income | 0 | 3 | 3 | 3 | 1 | 1 |
| Interest expense | 1 | 0 | 0 | 0 | 0 | 0 |
| Other non-operating income | 0 | −3 | −3 | −3 | 63 | 0 |
| Income before tax | −13 | 2 | 0 | 1 | −90 | −58 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | −13 | 2 | 0 | 1 | −90 | −58 |
| Net income | −13 | 2 | 0 | 1 | −90 | −58 |
| EPS, basic | −$0.40 | $0.07 | $0.00 | $0.04 | −$1.27 | −$1.40 |
| EPS, diluted | −$0.40 | $0.07 | $0.00 | $0.04 | −$1.27 | −$1.40 |
| Weighted average shares, basic | 34 | 33 | 33 | 34 | 72 | 91 |
| Weighted average shares, diluted | 34 | 33 | 33 | 34 | 72 | 91 |
| EBITDA | −11 | 2 | 0 | 1 | −90 | −34 |
| Depreciation & amortization | 1 | 0 | 0 | 0 | 1 | 0 |
| EBIT | −12 | 2 | 0 | 1 | −90 | −34 |