Merlin (MRLN) Free Cash Flow (2025 - 2026)
Merlin posted quarterly Free Cash Flow of -$25.8 million for Q1 2026, down 95.85% year-on-year from -$621.5 million in Q1 2025, and down 9428.19% on a QoQ basis from -$270807.0 in Q4 2025.
Merlin (MRLN) has 2 years of Free Cash Flow data on file, last reported at -$25.8 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 95.85% year-over-year to -$25.8 million; the trailing twelve-month figure through Mar 2026 stood at -$14.1 million (changed N/A YoY), and the FY2025 full-year result was -$1.3 million, down 184.84% from the prior year.
- Free Cash Flow for Q1 2026 stood at -$25.8 million, down from -$270807.0 in the prior quarter.
- Across five years, Free Cash Flow topped out at $12.7 million in Q2 2025 and bottomed at -$25.8 million in Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 338.65 Bn | 327.91 Bn | 9.11 Bn | 1.49 Bn |
| 2 | Rtx | 242.18 Bn | 237.08 Bn | 9.08 Bn | 1.31 Bn |
| 3 | Boeing | 182.15 Bn | 161.24 Bn | 2.55 Bn | -1.45 Bn |
| 4 | Lockheed Martin | 121.95 Bn | 120.06 Bn | 2.08 Bn | -291.00 Mn |
| 5 | Howmet Aerospace | 103.56 Bn | 101.12 Bn | 854.00 Mn | 359.00 Mn |
| 6 | General Dynamics | 93.70 Bn | 90.05 Bn | 9.09 Bn | 1.95 Bn |
| 7 | Embraer | 89.60 Bn | 86.98 Bn | - | - |
| 8 | Rocket Lab | 86.87 Bn | 85.59 Bn | 76.49 Mn | -71.46 Mn |
| 9 | Northrop Grumman | 80.10 Bn | 78.01 Bn | 3.45 Bn | -1.82 Bn |
| 10 | Merlin | 582.99 Mn | 582.99 Mn | 1.81 Mn | -25.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -25.80 Mn |
| Mar 31, 2026 | -25.80 Mn |
| Dec 31, 2025 | -270,807.00 |
| Dec 31, 2025 | -270,807.00 |
| Sep 30, 2025 | -703,837.00 |
| Sep 30, 2025 | -703,837.00 |
| Jun 30, 2025 | -117,339.00 |
| Jun 30, 2025 | -117,339.00 |
| Mar 31, 2025 | -236,730.00 |
| Mar 31, 2025 | -236,730.00 |