Merlin (MRLN) Operating Income (2025 - 2026)

Merlin (MRLN) reported Operating Income of -$27.0 million for Q1 2026, down 136.86% on a YoY basis from $73.3 million in Q1 2025, and down 4092.19% quarter-over-quarter from -$644341.0 in Q4 2025.

Merlin (MRLN) Operating Income (2025 - 2026) Analysis & Trends

Merlin has reported Operating Income for 2 years, with the latest figure at -$27.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 136.86% year-over-year to -$27.0 million; the trailing twelve-month figure through Mar 2026 stood at -$30.6 million (changed N/A YoY), and the FY2025 full-year result was -$3.9 million, down 1435.85% from the prior year.
  • Operating Income for Q1 2026 stood at -$27.0 million, down from -$644341.0 in the prior quarter.
  • The five-year high for Operating Income was -$357772.0 in Q2 2025, with the low at -$27.0 million in Q1 2026.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 DEFSEC Technologies 4,964.60 Bn 4,964.60 Bn 456,459.43 -1.39 Mn
2 General Electric 375.02 Bn 364.28 Bn 9.11 Bn -1.07 Bn
3 Rtx 251.10 Bn 246.00 Bn 9.08 Bn 2.56 Bn
4 Boeing 176.15 Bn 155.24 Bn 2.55 Bn 448.00 Mn
5 Lockheed Martin 117.75 Bn 115.86 Bn 2.08 Bn 2.06 Bn
6 Howmet Aerospace 111.79 Bn 109.36 Bn 854.00 Mn 753.00 Mn
7 Embraer 94.69 Bn 92.06 Bn - -
8 General Dynamics 94.57 Bn 90.92 Bn 9.09 Bn 1.42 Bn
9 TransDigm 77.14 Bn 73.27 Bn 1.51 Bn 1.18 Bn
10 Merlin 484.14 Mn 484.14 Mn 1.81 Mn -27.01 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -27.01 Mn
Dec 31, 2025 -644,341.00
Sep 30, 2025 -2.62 Mn
Jun 30, 2025 -357,772.00
Mar 31, 2025 -11.40 Mn