Merlin, Inc. (MRLN)
NASDAQ: MRLN · Real-Time Price · USD
11.56
+0.16 (1.40%)
At close: Apr 28, 2026, 4:00 PM EDT
11.76
+0.20 (1.73%)
After-hours: Apr 28, 2026, 5:29 PM EDT
Merlin Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| FY 2025 | FY 2024 | FY 2023 |
| Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 |
| Revenue | 7.55 | 1.23 | 1 |
| Revenue Growth (YoY) | 514.40% | 22.53% | - |
| Cost of Revenue | 9.18 | 8.5 | 0.74 |
| Gross Profit | -1.63 | -7.27 | 0.27 |
| Selling, General & Admin | 21.41 | 19.61 | 14.04 |
| Research & Development | 32.48 | 27.15 | 24.67 |
| Operating Expenses | 53.89 | 46.75 | 38.7 |
| Operating Income | -55.52 | -54.03 | -38.44 |
| Interest Expense | -2.96 | -2.42 | -0.3 |
| Interest & Investment Income | 1.44 | 2.01 | 3.25 |
| Currency Exchange Gain (Loss) | -0.28 | -0.2 | -0.2 |
| Other Non Operating Income (Expenses) | -5.99 | -0.27 | -0.05 |
| EBT Excluding Unusual Items | -63.31 | -54.9 | -35.74 |
| Gain (Loss) on Sale of Assets | -0.15 | - | -0.02 |
| Other Unusual Items | -11.27 | - | - |
| Pretax Income | -74.73 | -54.9 | -35.76 |
| Income Tax Expense | 0.05 | 0.35 | 0.71 |
| Net Income | -74.78 | -55.25 | -36.46 |
| Preferred Dividends & Other Adjustments | 345.72 | - | - |
| Net Income to Common | -420.5 | -55.25 | -36.46 |
| Shares Outstanding (Basic) | 5 | 5 | 4 |
| Shares Outstanding (Diluted) | 5 | 5 | 4 |
| Shares Change (YoY) | 1.82% | 14.33% | - |
| EPS (Basic) | -80.68 | -10.80 | -8.14 |
| EPS (Diluted) | -80.68 | -10.80 | -8.14 |
| Free Cash Flow | -60.3 | -47.37 | -36.54 |
| Free Cash Flow Per Share | -11.57 | -9.26 | -8.16 |
| Gross Margin | -21.60% | - | 26.72% |
| Operating Margin | -735.25% | -4395.85% | -3832.10% |
| Profit Margin | -5568.73% | -4495.77% | -3635.39% |
| Free Cash Flow Margin | -798.50% | -3854.35% | -3643.07% |
| EBITDA | -53.94 | -52.56 | -37.3 |
| D&A For EBITDA | 1.58 | 1.47 | 1.14 |
| EBIT | -55.52 | -54.03 | -38.44 |
| Advertising Expenses | 1.24 | 1.33 | - |
Source: S&P Capital IQ. Standard template.
Financial Sources.