What is Merlin, Inc. (MRLN) stock price today?

Merlin, Inc. (MRLN) is currently trading at $3.60, up 3.75% today.

What is MRLN P/E ratio?

Merlin, Inc.'s P/E ratio is -2.98. This is below the market average, suggesting the stock may be undervalued relative to earnings.

What is MRLN return on equity (ROE)?

Merlin, Inc.'s return on equity (ROE) is 203.89%, indicating how efficiently the company generates profit from shareholders' equity. This is considered high quality.

What is Merlin, Inc.'s market cap?

Merlin, Inc. has a market capitalization of $347.49M.

NASDAQ · Software - Application

Merlin, Inc. (MRLN) Stock

$3.60 +3.75% NASDAQ: MRLN Technology

Merlin, Inc. is a US-based developer of cost-effective, takeoff-to-touchdown autonomy for both legacy and next-generation airborne systems.

Valuation

Metric	Value
Price	$3.60
Market Cap	$347.49M
P/E Ratio	-2.98
P/B Ratio	-1.81
P/S Ratio	334.27
EPS (TTM)	$0.18
52-Week High	$17.00
52-Week Low	$3.27
Dividend Yield	0.00%

Financials & Margins

Metric	Value
ROE	203.89%
ROA	-59.73%
ROCE	-23.99%
Gross Margin	100.00%
Operating Margin	16.37%
Net Margin	-86.65%
Debt/Equity	-0.02
Current Ratio	35.64

Annual Financials (USD)

Metric	2023	2024	2025
Revenue	$1.0M	$1.0M	$0
Operating Profit	$-38.0M	$-54.0M	$-5.0M
Net Profit	$-36.0M	$-55.0M	$6.0M
EPS	$-1.08	$-1.64	$0.18
Op Margin	-3832.1%	-4395.9%	—

Balance Sheet (USD)

Metric	2023	2024	2025
Total Assets	$62.0M	$49.0M	$263.0M
Total Liabilities	$140.0M	$181.0M	$12.0M
Cash	$50.0M	$37.0M	$1.0M
Borrowings	$4.0M	$37.0M	$0

Latest News

Merlin to Report Second Quarter 2026 Results on August 13, 2026 GlobeNewswire · Jul 23, 2026 Merlin and IAI Sign Agreement to Advance AI-Powered Autonomy for Commercial Cargo Aircraft GlobeNewswire · Jul 23, 2026 Merlin Completes Autonomous Landing at EAA AirVenture Oshkosh GlobeNewswire · Jul 20, 2026 Merlin (MRLN) Among the Best All-Time Low Stocks, Should You Buy it? Insider Monkey · Jul 13, 2026 Merlin (MRLN) Successfully Concludes Design Review for C-130J Autonomy Program Insider Monkey · Jun 18, 2026

Cash Flow (USD)

Metric	2023	2024	2025
Operating Cash Flow	$-32.0M	$-46.0M	—
Investing Cash Flow	$-10.0M	$-4.0M	—
Financing Cash Flow	$0	$1.0M	—
Net Cash Flow	$-39.0M	$-13.0M	—
Free Cash Flow	$-37.0M	$-47.0M	$0

Valuation & Return Ratios

Metric	Value
PEG Ratio	-0.03
EV / EBITDA	-2.79
FCF Yield	0.00%
Quick Ratio	0.33
Interest Coverage	-3477.77
Return 1Y	-65.93%
Return 3Y	—
Return 5Y	—

Ownership

Insiders Held61.84%

Institutions Held33.04%

Institutions Float Held86.60%

Institutional Holder	Shares	Report Date
BAILLIE GIFFORD & CO	2,016,289	2026-03-31
ExodusPoint Capital Management, LP	343,847	2026-03-31
UBS Group AG	273,086	2026-03-31
Continental General Insurance Co	239,872	2026-03-31
Diametric Capital, Lp	124,624	2026-03-31

Peer Comparison

Ticker	Price	Change	P/E	Market Cap	Div Yield
AAPLApple Inc.	$313.33	+0.29%	37.72	$4.60T	0.34%
MSFTMicrosoft Corporation	$499.99	+0.03%	22.95	$3.71T	0.94%
GOOGLAlphabet Inc.	$354.30	-0.96%	27.68	$4.29T	0.23%
AMZNAmazon.com, Inc.	$274.48	+0.82%	28.76	$2.95T	0.00%
METAMeta Platforms, Inc.	$592.10	+0.37%	21.47	$1.51T	0.35%

About Merlin, Inc.

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.

Merlin, Inc. is led by CEO Timothy Burns, employs 3 people, headquartered in US, publicly traded since 2026.

Merlin, Inc. (MRLN) stock trades at $3.60 with a market capitalization of $347.49M. The stock is valued at a price-to-earnings (P/E) ratio of -2.98, price-to-book of -1.81, price-to-sales of 334.27. Over the past 52 weeks the stock has ranged between $3.27 and $17.00, and currently trades 78.8% below its 52-week high.

On profitability, Merlin, Inc. generates a return on equity (ROE) of 203.89% — well above the market average, a sign of a high-quality business, return on capital employed of -23.99%, an operating margin of 16.37%, a net profit margin of -86.65%.

Official website: www.merlinlabs.com