Merlin (MRLN) Enterprise Value (2024 - 2026)

Merlin (MRLN) reported Enterprise Value of -$125.7 million for Q1 2026, up 54.61% on a YoY basis from -$81.3 million in Q1 2025, and down 110.6% quarter-over-quarter from -$59.7 million in Q4 2025.

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

Merlin has reported Enterprise Value for 3 years, with the latest figure at -$125.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Enterprise Value rose 54.61% year-over-year to -$125.7 million; the trailing twelve-month figure through Mar 2026 stood at -$125.7 million (up 54.61% YoY), and the FY2025 full-year result was -$59.7 million, down 59.65% from the prior year.
  • Enterprise Value for Q1 2026 stood at -$125.7 million, down from -$59.7 million in the prior quarter.
  • The five-year high for Enterprise Value was -$1.3 million in Q3 2025, with the low at -$276.9 million in Q1 2025.
  • Historically, Enterprise Value has averaged -$83.8 million across 3 years, with a median of -$48.5 million in 2024.
  • Annual changes were most pronounced in 2025 — Enterprise Value plunged 59.65% — and 2026, when it jumped 54.61%.
  • Merlin's Enterprise Value stood at -$37.4 million in 2024, then sank by 59.65% to -$59.7 million in 2025, then slumped by 110.6% to -$125.7 million in 2026.
  • The last three Enterprise Value figures came in at -$125.7 million (Q1 2026), -$59.7 million (Q4 2025), and -$1.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 DEFSEC Technologies 4,964.60 Bn 4,964.60 Bn 456,459.43 -2.19 Mn
2 General Electric 375.02 Bn 364.28 Bn 9.11 Bn -10.74 Bn
3 Rtx 251.10 Bn 246.00 Bn 9.08 Bn -5.10 Bn
4 Boeing 176.15 Bn 155.24 Bn 2.55 Bn -20.91 Bn
5 Lockheed Martin 117.75 Bn 115.86 Bn 2.08 Bn -1.89 Bn
6 Howmet Aerospace 111.79 Bn 109.36 Bn 854.00 Mn -2.44 Bn
7 Embraer 94.69 Bn 92.06 Bn - -2.63 Bn
8 General Dynamics 94.57 Bn 90.92 Bn 9.09 Bn -3.65 Bn
9 TransDigm 77.14 Bn 73.27 Bn 1.51 Bn -3.88 Bn
10 Merlin 484.14 Mn 484.14 Mn 1.81 Mn -125.67 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -125.67 Mn
Dec 31, 2025 -59.67 Mn
Sep 30, 2025 -1.31 Mn
Jun 30, 2025 -1.93 Mn
Mar 31, 2025 -276.88 Mn
Dec 31, 2024 -37.38 Mn