NASDAQ · MRLNTechnologyIT Services & Consulting

Merlin, Inc. Common Stock (MRLN)

$0.9050−5.34%
Close Nov 4, 2026 · split-adjusted
Nov 4, 2026$0.91▼ 69.63% in range
Sep 11, 2026Low $0.83 · High $3.05Nov 4, 2026
What changed · written from our data
As of Nov 4, 2026

Merlin closed at $0.91 on Nov 4, down 5.34%, 70.3% below its highest close since Sep 28. Volume of 1.1M shares was 0.43× its 20-day average (below normal).

Split-adjusted performance: -42.0% over one month.

In the quarter ended Jun 30, 2026, revenue was $2.19M, with a net margin of -5811.3%.

Short interest was 11.8M shares at the Oct 15 settlement, down 3.4% from the prior report (15.7% of float, 3.8 days to cover).

Market cap$91.5M101.1M shares
Revenue · quarter$2.2M—
Diluted EPS$-1.40—
P/E · TTM—
Net margin-5,811.3%Gross 4.7%
Dividend yieldNone$0.14 last paid
Range since Sep 280.83 – 3.05−70.3% from high
Volume1.1M0.43× 20-day avg
Volatility · 60d—Annualised
Short % of float15.7%3.8 days to cover
Net cash$183.9MCash $183.9M
Next earnings—Not scheduled
Split-adjusted performance
1W −20.6%1M −42.0%3M —6M —YTD —1Y —3Y —5Y −96.0%

Earnings reactions

History →

No reported quarters with price history yet.

Rank within IT Services & Consulting

Percentile among 38 companies (100 = best)

6-month momentum—
Revenue growth—
Net margin3
Value (low P/E)—
Size35

Industry medians: 6-month return +1.4%, revenue growth +8.2%, net margin −5.9%, P/E 23.9×.

Short interest

Details →
Shares short11.8M−3.4% vs prior
Days to cover3.8Settled Oct 15
% of float15.7%
Short vol. 10d43.8%of daily volume

Closest peers by size in IT Services & Consulting

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
MRLNMerlin$0.9050−5.34%——−5811.3%—$91.5M
FVNFuture Vision II Acquisition$11.55−0.69%+6.7%———$87.1MCompare
CSPICSP$7.48+1.91%−18.6%−6.8%−5.9%—$75.4MCompare
WYYWidePoint$6.72−4.00%−17.6%+1.9%0.2%—$67.2MCompare
UISUnisys$2.35−0.42%−28.1%−2.0%−20.1%—$171.4MCompare
DMRCDigimarc$8.72+1.87%+6.6%−16.9%−69.3%—$196.6MCompare
KDKKodiak AI$1.10−5.17%−87.5%—−1076.7%—$220.7MCompare
BNAIBrand Engagement Network$4.46+1.59%−81.1%+3101.7%−2101.0%—$34.0MCompare
ODYSOdysight.ai$2.00−1.96%−55.7%+16.0%−1029.5%—$33.6MCompare

Quick answers

What does Merlin do?
Merlin Inc develops software that fulfills the functions of a human pilot in self-flying aircraft to enable both reduced crew and unmanned flight. This technology is designed to be scalable and adaptable across different aircraft types for a growing range of aircraft platforms.
What is MRLN's market cap?
$91.47M, based on the Nov 4 close of $0.91.
Does Merlin pay a dividend?
No regular cash dividend has been paid in the last year.
How much of MRLN is sold short?
11.8M shares, 15.7% of float, as of Oct 15, 2026.
What sector is MRLN in?
Technology, in the IT Services & Consulting industry.

About Merlin

Merlin Inc develops software that fulfills the functions of a human pilot in self-flying aircraft to enable both reduced crew and unmanned flight. This technology is designed to be scalable and adaptable across different aircraft types for a growing range of aircraft platforms. The company's aircraft-agnostic, AI-powered software is purpose-built for military and civil programs, and is powering an expanding range of missions and aircraft, through hundreds of autonomous flights from test facilities across the globe. It operates as a single operating and reportable segment.

HQ: New York, NYListed Mar 17, 2026merlinlabs.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology