Merlin (MRLN) Operating Income (2025 - 2026)
Merlin's Operating Income came in at -$33.54 million for Q2 2026, compared with -$11.01 million a year earlier.
Merlin (MRLN) Operating Income (2025 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Merlin reported Operating Income of -$63.81 million; for FY2025, it was -$3.86 million.
- Going back by year, Operating Income was -$251,144 in FY2024.
- Business Quant data shows MRLN's Operating Income at -$27.01 million (Q1 2026), -$644,341 (Q4 2025) and -$2.62 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 165.57 Bn | 111.92 Bn | - | 2.46 Bn |
| 2 | Spdr Gold Trust | 134.78 Bn | -423.22 Bn | - | - |
| 3 | Blackstone | 85.82 Bn | 80.74 Bn | - | - |
| 4 | Kkr | 83.68 Bn | 50.16 Bn | - | - |
| 5 | Brookfield | 82.01 Bn | -83.38 Bn | 4.47 Bn | -10.47 Bn |
| 6 | Brookfield Asset Management | 71.83 Bn | 68.08 Bn | - | - |
| 7 | Apollo Global Management | 68.53 Bn | 6.22 Bn | 10.56 Bn | 1.82 Bn |
| 8 | Wheaton Precious Metals | 61.44 Bn | 56.87 Bn | 687.86 Mn | 667.06 Mn |
| 9 | Franco Nevada | 47.81 Bn | 45.18 Bn | 451.00 Mn | 445.70 Mn |
| 10 | Merlin | 179.05 Mn | 179.05 Mn | -119,000.00 | -33.54 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -33.54 Mn |
| Mar 31, 2026 | -27.01 Mn |
| Dec 31, 2025 | -644,341.00 |
| Sep 30, 2025 | -2.62 Mn |
| Jun 30, 2025 | -11.01 Mn |
| Mar 31, 2025 | -11.40 Mn |
Merlin Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=MRLN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "MRLN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=MRLN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();