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Added to YB: 2026-08-18

Pitch date: 2026-08-16

MRLN [neutral]

Merlin, Inc.

-5.73%

current return

Author Info

Market Apostle writes analytical pieces on companies: how they make money, where their advantages come from, what the market misunderstands, and whether the numbers support the story. Sign up for the newsletter.

Company Info

Merlin, Inc., an aerospace and defense technology company, develops AI-powered autonomous flight software and systems for aircraft in the United States and New Zealand.

Market Cap

$377.7M

Pitch Price

$3.75

Price Target

N/A

Dividend

N/A

EV/EBITDA

-3.96

P/E

-0.07

EV/Sales

52.95

Sector

Aerospace and Defense

Category

N/A

Show full summary:
MRLN: Reconstructing the USSOCOM IDIQ task order scope

MRLN (earnings): Q2 2026 rev $2.2M badly missed author's $8-9M est. Post-mortem: ~$4-6M of USSOCOM C-130J integration scope was removed/deferred from IDIQ task order in Q1 (RPO fell $5.3M, loss provision cut $2.45M). PDR/CDR done; work shifted to new order. CFO guides $4-6M H2 rev.

Read full article (7 min)