Merlin, Inc.
MRLNIndustrialsNASDAQAerospace & Defense · Last scanned Jul 18, 2026
Scan Results
Daily timeframeMerlin, Inc., an aerospace and defense technology company, develops AI-powered autonomous flight software and systems for aircraft in the United States and New Zealand. With a market capitalization of $346.5M, it sits in small-cap territory. The company provides an aircraft-agnostic, AI-powered software platform that enables autonomous flight for both legacy and next-generation airborne systems.
Market Cap
$346.5M
Beta
—
P/E (TTM)
—
P/E (Fwd)
-4.99
EPS (TTM)
$-5.78
EPS (Fwd)
$-0.72
ROE
—
ROA
—
Cash
$123.1M
Total Debt
$2.4M
Free CF
—
52W Change
-65.3%
Annual Financials
Cash vs Debt
With $123.1M in cash and $2.4M in debt, MRLN maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Revenue has grown from $1.0M (2023) to $1.2M (2024), reflecting a 23% increase over the period.
With cash comfortably exceeding debt, MRLN has financial flexibility that may help navigate uncertain periods. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing MRLN.