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| Date | Value |
|---|---|
| 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 |