olivLaw · US equity research
Merlin, Inc. MRLN
Services-Computer Integrated Systems Design · SIC 7373 · Vertical: Services-Computer Integrated Systems Design (SIC 7373)
Merlin, Inc. (MRLN) develops autonomy systems for flight aimed at both military and civil aviation, with the goal of letting aircraft take off and land autonomously. The company became public in March 2026 through a merger with a SPAC and is still at an early stage, with revenue very small relative to losses, so its development depends heavily on military contracts and civil certification. As of June 30, 2026 it held about 183.9 million USD in cash and short-term investments.
At the close of 04 Nov 2026, Merlin, Inc. (MRLN) stock was 0.91 USD (−5.33% on the day), with market capitalisation 91.5 m USD, beta 0.73, 52-week range 0.83–16.09 USD. Latest reported quarter (Q2 2026): revenue of 2.2 m USD (−29.4% YoY), net income of -58.4 m USD, diluted EPS -1.40 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 31.8
- weak (30–45)
- Bollinger (20, 2)
- 0.77 – 1.34
- in the lower half of the band · %B 0.24 · band width 54.1%
- SMA 50 / 200
- 1.88 / 6.35
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -0.26 / -0.32
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −42.4% | −1.1% | −41.3 pp | — |
| 3 months | −78.2% | −0.5% | −77.7 pp | — |
| 6 months | −90.3% | +4.4% | −94.7 pp | — |
| Year to date | −91.6% | +12.3% | −103.9 pp | — |
| 1 year | −91.5% | +13.5% | −105.1 pp | −33.2% |
| 3 years | unavailable | +76.4% | unavailable | −21.8% |
| 5 years | unavailable | +63.7% | unavailable | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q2 2026 · 30 Jun 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|
| Revenue | 868.0 k | 3.1 m | — | — | 1.0 m | 2.2 m |
| Cost of revenue | 714.0 k | 3.1 m | — | — | 1.6 m | 2.1 m |
| Gross profit | 154.0 k | 41.0 k | — | — | 1.8 m | -119.0 k |
| Research & development | 6.7 m | 6.9 m | — | — | 14.1 m | 16.4 m |
| Operating income | -11.4 m | -11.0 m | -2.6 m | -644.3 k | -27.0 m | -33.5 m |
| Depreciation & amortisation | 381.0 k | — | — | — | 417.0 k | — |
| Interest expense | 1.6 m | 1.3 m | — | — | 9.0 k | 0 |
| Pre-tax income | -12.7 m | -16.3 m | — | — | -90.4 m | -58.3 m |
| Income tax | 1.0 k | 1.0 k | — | — | 48.0 k | 125.0 k |
| Net income | -12.7 m | -16.3 m | 83.7 k | 1.2 m | -90.4 m | -58.4 m |
| Diluted EPS | -0.18 | -0.23 | — | — | -1.27 | -1.40 |
| Operating cash flow | -13.1 m | -12.1 m ≈ | 24.2 m ≈ | -270.8 k | -23.6 m | -27.3 m ≈ |
| Capex | 94.0 k | 17.0 k ≈ | — | — | 2.2 m | 1.7 m ≈ |
| Share repurchases | — | — | — | — | 8.5 m | — |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
EPS unavailable in the issuer's structured filings (e.g. a partnership reports per unit, not per share).
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2025 |
|---|---|
| Revenue | unavailable |
| Revenue YoY | unavailable |
| Net income | 6.0 m |
| Net income YoY | unavailable |
| Diluted EPS | unavailable |
| Diluted EPS YoY | unavailable |
| net % | unavailable |
| Free cash flow | unavailable |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 59.3 m USD
- Financial debt
- 41.9 m USD
- Net debt
- -17.5 m USD
- Equity
- -73.6 m USD
- Total assets
- 80.6 m USD
- Debt / equity
- unavailable
- Current ratio
- 1.10x
- ROE
- unavailable
- ROA
- 7.5%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (USD)
Income statement · USD
| Line | 2025 | Source (latest year) |
|---|---|---|
| Operating income | -3.9 m | SEC (XBRL)· 12 Mar 2026verified |
| Net income | 6.0 m | SEC (XBRL)· 12 Mar 2026verified |
Balance sheet · USD
| Line | 2025 | Source (latest year) |
|---|---|---|
| Cash | 59.3 m | SEC (XBRL)· 14 Aug 2026verified |
| Receivables | 368.0 k | SEC (XBRL)· 15 May 2026verified |
| Current assets | 70.9 m | SEC (XBRL)· 15 May 2026verified |
| Property, plant & equipment, net | 7.1 m | SEC (XBRL)· 15 May 2026verified |
| Total assets | 80.6 m | SEC (XBRL)· 15 May 2026verified |
| Accounts payable | 3.2 m | SEC (XBRL)· 15 May 2026verified |
| Short-term debt | 29.1 m | SEC (XBRL)· 14 Aug 2026verified |
| Long-term debt | 12.8 m | SEC (XBRL)· 15 May 2026verified |
| Current liabilities | 64.3 m | SEC (XBRL)· 15 May 2026verified |
| Total liabilities | 154.2 m | SEC (XBRL)· 15 May 2026verified |
| Equity | -73.6 m † | SEC (XBRL)· 15 May 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2025 | Source (latest year) |
|---|---|---|
| Operating cash flow | -1.3 m | SEC (XBRL)· 12 Mar 2026verified |
| Financing cash flow | -75.0 k | SEC (XBRL)· 12 Mar 2026verified |
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
4 indicators that do not apply to the sector.
Valuation
olivLaw classification
- indicators available: 1 of at least 6
- score weight coverage: 6.4% of at least 60%
- valuation methods computed: 0 of at least 1
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 91.5 m USD
Key indicators
Coverage and freshness
Score by group
6% · Insufficient data
Estimated value range
unavailable — no valuation method could be computed
Valuation assumptions are editorial choices, not measured; beta is not measured.
Valuation methods
- DCF (discounted cash flow)unavailable · input data missing
- Peers: EV/Salesunavailable · input data missing
- Peers: EV/EBITDAunavailable · input data missing
no valuation method could be computed
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: indicators available: 1 of at least 6; score weight coverage: 6.4% of at least 60%; valuation methods computed: 0 of at least 1
| Factor | Value | Score | Weight used |
|---|---|---|---|
| Gross margin · Quality | unavailable | unavailable | — |
| EBIT margin · Quality | unavailable | unavailable | — |
| FCF margin · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | unavailable | unavailable | — |
| Revenue growth (YoY) · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 14.7x | 100 (on a fixed band) | 100% |
| EV/Sales · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial100/100 · 1/2 factors with a value
- Growth· partialunavailable · 0/2 factors with a value
- Quality· partialunavailable · 0/3 factors with a value
- Returns· partialunavailable · 0/1 factors with a value
- Valuation· partialunavailable · 0/2 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
MERLIN, INC. (MRLN). Latest full fiscal year: 2025; data up to 2026-06-30.
Financial indicators are unavailable.
Valuation cannot be computed from the available data.
Insufficient data for a verdict (indicators available: 1 of at least 6; score weight coverage: 6.4% of at least 60%; valuation methods computed: 0 of at least 1).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Current ratio: 14.7x
What contradicts it
No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.
Not assessed (insufficient data or a ratio without meaning): Gross margin, EBIT margin, FCF margin, Revenue CAGR 3Y, Revenue growth (YoY), Net debt / EBITDA, EV/Sales, FCF yield, Shareholder yield (distributions).
Versus the vertical median
Services-Computer Integrated Systems Design (SIC 7373) · same industry (4-digit SIC) · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| LDOSLeidos Holdings, Inc. | 16.6 bn | 12.2 | 28.2% | 8.0% | +3.1% | −29% / +26% |
| GDDYGoDaddy Inc. | 14.3 bn | 16.2 | — | 18.6% | +8.3% | −7% / +18% |
| CACICACI International Inc | 14.0 bn | 25.9 | 12.5% | 5.5% | +10.9% | +2% / +97% |
| JKHYJack Henry & Associates, Inc. | 12.6 bn | 25.7 | 24.0% | 19.8% | +7.1% | +3% / +13% |
| IONQIonQ, Inc. | 11.3 bn | — | -60.8% | -553.3% | +201.9% | −40% / +142% |
| OTEXOpen Text Corp | 6.4 bn | 10.3 | 16.2% | 12.3% | +1.5% | −21% / −34% |
| SAICScience Applications International Corporation | 6.3 bn | 17.6 | 25.7% | 5.1% | −2.9% | +75% / +28% |
| WAYWaystar Holding Corp. | 5.7 bn | 42.9 | 3.7% | 10.7% | +16.5% | −20% / unavailable |
| PSNParsons Corporation | 5.5 bn | 38.2 | 5.7% | 2.3% | −5.7% | −38% / −16% |
| KDKyndryl Holdings, Inc | 3.7 bn | 48.9 | 6.8% | 0.5% | +0.2% | −35% / −7% |
| AGYSAgilysys, Inc. | 3.5 bn | 78.5 | 13.6% | 12.9% | +15.9% | −0% / +42% |
| NTCTNetscout Systems Inc | 2.8 bn | 23.3 | 7.5% | 13.7% | +4.5% | +42% / +90% |
| AURAurora Innovation, Inc. | 2.6 bn | — | -45.7% | -13,328.6% | unavailable | −3% / +86% |
| PONYPony AI Inc. | 2.1 bn | — | -10.3% | -148.9% | +20.0% | −65% / unavailable |
| OSPNOneSpan Inc. | 872.9 m | 13.2 | 26.8% | 27.5% | +0.0% | +94% / +136% |
| TLSTelos Corporation | 378.2 m | — | -14.9% | -8.1% | +52.2% | −12% / +23% |
| SLPSimulations Plus, Inc. | 374.2 m | 46.7 | 6.2% | 9.9% | +13.1% | unavailable / unavailable |
| SMRTSmartrent, Inc. | 307.5 m | — | -7.6% | -11.0% | −12.9% | −6% / −48% |
| ASURAsure Software, Inc. | 293.6 m | — | -1.9% | — | +24.3% | +22% / +22% |
| VEEAVeea Inc. | 281.2 m | — | — | -2,491.9% | +56.6% | −55% / −98% |
| RBBNRibbon Communications Inc. | 275.9 m | 22.5 | 5.0% | 2.3% | +1.3% | −46% / −28% |
| KDKKodiak AI, Inc. | 220.7 m | — | — | -4,259.6% | −74.6% | −82% / unavailable |
| UISUnisys Corp | 171.4 m | — | — | -21.7% | −2.9% | −12% / −51% |
| AIOSAIOS Tech Inc. | 138.9 m | — | -208.9% | -4,359.1% | −98.5% | −87% / −86% |
| MRLNMerlin, Inc. | 91.5 m | — | — | — | unavailable | −92% / unavailable |
1- and 3-year price returns: for MRLN from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Scenarios are not available. input data missing
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Merlin, Inc. (MRLN) develops autonomy systems for flight aimed at both military and civil aviation, with the goal of letting aircraft take off and land autonomously. The company became public in March 2026 through a merger with a SPAC and is still at an early stage, with revenue very small relative to losses, so its development depends heavily on military contracts and civil certification. As of June 30, 2026 it held about 183.9 million USD in cash and short-term investments 3.
SWOT
Strengths
- The company holds an extensive intellectual property portfolio combining artificial intelligence with high-assurance flight controls 2.
- The C-130J contract provides an entry point into the military program and can be extended to production 2.
- The company has achieved technical and certification progress, including an issue paper concluded with the New Zealand authority 3.
Weaknesses
- Revenue is very small compared with net losses, and the company expects to keep losing money for several years 23.
- The company has not yet deployed a system in service on an aircraft, and the commercial launch depends on the success of integration programs 2.
- There is heavy dependence on government contracts and budget decisions by US authorities 3.
Opportunities
- If the system were civilly certified, the cargo and commercial aircraft market could provide recurring revenue from software support 23.
- Partnerships such as the one with Israel Aerospace Industries could speed integration onto new platforms if they become firm agreements 3.
- Extending the system to more aircraft types could widen the pool of potential customers 2.
Risks
- Large net losses and need for capitalhigh
The company reported very large net losses relative to revenue and could need additional funding if development takes longer than expected 23.
- Certification of AI functionshigh
Regulators could require extra testing of AI systems, which could delay civil launch 3.
- Dependence on government contractsmedium
Revenue depends largely on the USSOCOM contract and other military purchases, and budget changes could quickly reduce revenue flows 3.
- Competition from large companiesmedium
Established manufacturers could integrate their own autonomous systems and limit the company's access to the market 3.
- Shareholder dilutionmedium
Additional share issuances and convertible instruments could reduce existing shareholders' stake 12.
Investment thesis
What would need to be true (bull case)
- If the Merlin Pilot system were certified and installed on several aircraft, it could generate recurring software support revenue at high margins.
- The C-130J contract could become a base for larger-scale production if the program advances as planned.
- Certification progress and the partnership with an Israeli manufacturer could open the civil market sooner than expected.
What would break the thesis
- Revenue is still negligible against losses, and the company could need additional capital before reaching profitability.
- Civil certification of AI-based functions could take longer than estimated, postponing commercial revenue.
- The business depends on a small number of government contracts, and any budget changes or terminations could quickly affect its finances.
What to watch
- Progress integrating the system onto the C-130J and start of ground testing2027
- Quarterly revenue and net loss resultsQ3 2026
- Development of civil certification with the New Zealand authority and FAA2027
- Whether the memorandum with Israel Aerospace Industries becomes firm agreementsnext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
Merlin Labs, Inc. was formed in Delaware in March 2022 and develops Merlin Pilot, a non-human pilot system that integrates hardware and software for autonomous flight from takeoff to touchdown 12. The company describes a hybrid business model: sale and installation of the system on aircraft, recurring software support fees and ancillary services based on flight data 2. The merger with the SPAC Inflection Point Acquisition Corp. IV closed on March 16, 2026, and the combined company was renamed Merlin, Inc. and trades on Nasdaq under MRLN 123.
The main active contract is an IDIQ of up to 105 million USD to integrate autonomy into the C-130J for the US Air Force and USSOCOM, with Merlin as sole prime contractor 2. On the civil side the company is pursuing certification of its system and a non-binding partnership with Israel Aerospace Industries for Part 25 cargo aircraft 3.
Segments
Military autonomy systems
The defense segment rests on the C-130J autonomy program with a 105 million USD ceiling, and recent progress includes completing the Critical Design Review in June 2026 23. Revenue from this segment is still small, but the contract gives an entry point to the USSOCOM fleet.
Civil aviation autonomy
The civil segment targets system certification and extension to commercial aircraft, including the agreement with IAI and the SOI 3 milestone reached with the New Zealand authority 3. The expected revenue model includes one-time installation fees and software support subscriptions 2.
Market context
Merlin targets the global civil cargo fleet, estimated at about 2400 aircraft excluding China and Russia, and a global commercial fleet of more than 22000 aircraft 3. The military transport and special operations market is the second target segment, and demand could grow if aviation expands autonomous flight to reduce crew sizes.
The market depends on certification processes, the pace of government procurement and the availability of pilots, a problem the company cites as its main motivation 2. Market size estimates are stated by management and may differ from reality.
Trends
- Pressure to cut operating coststailwind
Large fleet operators could reduce costs through more frequent flights or optimized routes, and the company claims the system could save millions of dollars per aircraft each year 2. If this advantage holds, demand could grow.
- Global pilot shortagetailwind
The company argues the system could ease the global pilot shortage and could improve flight safety 2. This argument could matter in talks with authorities and civil operators.
- Certification requirements for AIheadwind
Certification of AI-based functions remains uncertain, and regulators could require additional evidence before approval 3. Delays could postpone civil revenue.
- Defense budgets and government procurementmixed
Defense revenue depends on US government budgets and procurement decisions, and changes in priorities could affect existing contracts 3. Contracts can be modified or terminated for convenience.
Competitive position
Merlin competes with established aerospace and defense companies as well as other autonomous flight developers, since its results depend on winning contracts and partnerships 3. The company's stated advantage lies in its intellectual property portfolio and aircraft-agnostic approach 12.
Competition could increase if large aircraft makers integrate their own autonomy solutions, and the relative positions of players in the field are not clarified in the available sources 3.
- Israel Aerospace Industries
Partner under a non-binding memorandum for autonomy on civil cargo aircraft; could also become a competitor if it develops its own solutions 3.
- Established aerospace and defense companies
Named generically as competitors in the company's sources, without specific names 3.
- Other autonomous aviation system developers
Other firms working on autonomous flight; the sources do not name them, and the company lists them among competitive risks 3.
- Commercial aircraft manufacturers
Could develop or integrate their own autonomy systems, which could reduce room for outside solutions 2.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- Cel mai nou pariu al familiei care deţine Auchan, Decathlon şi Leroy Merlin: Spitalele de psihiatrieZiarul Financiar · 16 Oct 2026 · RO
- Leroy Merlin lansează un program pentru eficiența energetică a locuințelor și reducerea consumului de energieEconomedia · 13 Oct 2026 · RO
- Auchan , Nestlé , Leroy Merlin ... : Vladimir Poutine promet que les entreprises occidentales pourront récupérer les actifs dont la Russie a pris le contrôle - 02 / 10 / 2026 à 10 : 51Surge — GDELT DOC · 02 Oct 2026 · RO
- Merlin Just Abandoned Its New Zealand Autonomy Plan To Chase 7,000 US Airline CockpitsSimple Flying · 25 Sept 2026 · EN
- Russian units of Auchan, Nestlé, Lemana PRO (formerly Leroy Merlin), and FM Logistic get new executives under Putin-ordered temporary controlMeduza English (independent RU/exile) · 23 Sept 2026 · EN
- Stay – and Lose Control: Auchan, Nestlé and Leroy Merlin in RussiaKyiv Post · 22 Sept 2026 · EN
- Temporary manager of French supermarket chain Auchan and former Leroy Merlin retailer Lemana PRO calls for stores and staff to be retained, promises drone protectionMeduza English (independent RU/exile) · 21 Sept 2026 · EN
- Rusia: afacerile Nestlé, Auchan și Leroy Merlin, preluate prin decret de o firmă aleasă de Putin - Special AradSurge — Google News · 19 Sept 2026 · RO
- Vladimir Putin confiscă activele Nestle, Auchan și Leroy Merlin din Rusia. Cine este firma care le preia - LibertateaLibertatea.ro · 19 Sept 2026 · RO
- Prin decretul lui Putin, Moscova preia controlul activelor Nestlé, Auchan și Leroy Merlin din Rusia - ZiarulNationalSurge — Google News · 18 Sept 2026 · RO
- Prin decretul lui Putin, Moscova preia controlul activelor Nestlé, Auchan și Leroy Merlin din Rusia - ZiarulNationalSurge — Google News · 18 Sept 2026 · RO
- Putin preia controlul asupra activelor Auchan, Nestlé și fostului Leroy Merlin din Rusia. Toate ajung la aceeași companie rusăMediafax · 18 Sept 2026 · RO
- Activele din Rusia ale Nestle, Auchan şi Leroy Merlin, transferate prin decret prezidenţial către o companie rusă - Ziarul BursaBURSA.ro · 18 Sept 2026 · RO
- Activele din Rusia ale Nestle, Auchan şi Leroy Merlin, transferate prin decret prezidenţial către o companie rusă - Ziarul BursaBURSA.ro · 18 Sept 2026 · RO
- Activele ruseşti ale Nestlé, Auchan şi Leroy Merlin, transferate prin decret, de către Putin, unei societăţi ruseşti, L.E.V. Management - news.roSurge — Google News · 18 Sept 2026 · RO
- Moscova preia, printr-un decret al lui Putin, controlul activelor Nestlé, Auchan şi Leroy Merlin - News.roSurge — Google News · 18 Sept 2026 · RO
- (P) LEROY MERLIN sărbătorește 15 ani în România. Povestea care a început în magazinul Colosseum - Stirile ProTVSurge — Google News · 18 Sept 2026 · RO
- Video - (P) LEROY MERLIN sărbătorește 15 ani în România. Povestea care a început în magazinul Colosseum - Stirile ProTVSurge — Google News · 18 Sept 2026 · RO
- Vladimir Putin, decret care pune activele din Rusia ale Nestle, Auchan și Leroy Merlin sub… - impact.roSurge — Google News · 18 Sept 2026 · RO
- Vladimir Putin, decret care pune activele din Rusia ale Nestle, Auchan și Leroy Merlin sub… - impact.roSurge — Google News · 18 Sept 2026 · RO
The latest news item in our archive is from 16 Oct 2026; the newest SEC filing is from 27 Oct 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.
SEC filings
- Current report27 Oct 2026Departure or appointment of officers
- Quarterly report14 Aug 2026
- Current report13 Aug 2026Results of operations · Financial statements and exhibits
- Quarterly report15 May 2026
- Current report14 May 2026Results of operations · Financial statements and exhibits
- Current report29 Apr 2026Material agreement · Item 3.02 · Regulation FD disclosure · Financial statements and exhibits
- Current report20 Mar 2026Material agreement · Acquisition or disposition of assets · Item 3.02 · Item 3.03 · Item 4.01 · Item 5.01 · Departure or appointment of officers · Amendments to articles or bylaws · Item 5.06 · Other events · Financial statements and exhibits
- Annual report12 Mar 2026
- Current report12 Mar 2026Shareholder vote
- Current report20 Feb 2026Regulation FD disclosure · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Merlin, Inc. · 12 Mar 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Merlin, Inc. · 14 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Merlin, Inc. · 13 Aug 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.