Merlin (MRLN) Enterprise Value (2024 - 2026)

Merlin (MRLN) posted Enterprise Value of -$123.1 million for Q1 2026, down 106.29% on a QoQ basis from -$59.7 million in Q4 2025, and down 447.41% year-over-year from $35.4 million in Q1 2025.

Merlin (MRLN) Enterprise Value (2024 - 2026) Analysis & Trends

Merlin's Enterprise Value history runs 3 years deep, the most recent figure standing at -$123.1 million for Q1 2026.

  • Quarterly Enterprise Value fell 447.41% year-over-year to -$123.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$123.1 million (down 447.41% YoY) and the FY2025 annual result came in at -$59.7 million, down 60.43% from the prior year.
  • Enterprise Value was -$123.1 million for Q1 2026 at Merlin, down from -$59.7 million in the prior quarter.
  • Across five years, Enterprise Value topped out at -$1.0 million in Q3 2025 and bottomed at -$123.1 million in Q1 2026.
  • A 3-year average of -$40.9 million and a median of -$29.8 million in 2024 frame the typical range for Enterprise Value.
  • Annual changes were most pronounced in 2025 — Enterprise Value plunged 60.43% — and 2026, when it plunged 447.41%.
  • Merlin's Enterprise Value stood at -$37.2 million in 2024, then sank by 60.43% to -$59.7 million in 2025, then plunged by 106.29% to -$123.1 million in 2026.
  • Business Quant data shows MRLN's Enterprise Value at -$123.1 million in Q1 2026, -$59.7 million in Q4 2025, and -$1.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 General Electric 376.16 Bn 366.81 Bn -3.10 Bn -9.12 Bn
2 Rtx 295.37 Bn 287.07 Bn 9.91 Bn -6.57 Bn
3 Boeing 168.08 Bn 147.17 Bn 2.55 Bn -20.91 Bn
4 Lockheed Martin 133.66 Bn 129.87 Bn 2.45 Bn -3.79 Bn
5 Howmet Aerospace 115.39 Bn 112.96 Bn 854.00 Mn -2.44 Bn
6 General Dynamics 105.18 Bn 101.48 Bn 9.09 Bn -3.70 Bn
7 Northrop Grumman 77.71 Bn 75.40 Bn 3.72 Bn -2.31 Bn
8 TransDigm 75.07 Bn 71.19 Bn 1.51 Bn -3.88 Bn
9 L3Harris Technologies 56.70 Bn 56.11 Bn 1.40 Bn -590.00 Mn
10 Merlin 271.94 Mn 271.94 Mn 1.81 Mn -123.10 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -123.10 Mn
Dec 31, 2025 -59.67 Mn
Sep 30, 2025 -1.05 Mn
Jun 30, 2025 -1.75 Mn
Mar 31, 2025 -22.49 Mn
Dec 31, 2024 -37.20 Mn