Merlin reported revenue of $2.19M and net income of -$58.43M for the quarter ended Jun 2026, down 29.4% year over year. This income statement covers 7 quarters of results from Dec 2024 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 26.46M | 33.33M | 25.00M | 33.33M | 25.43M | 70.96M | 100.59M |
| Revenue & cost | |||||||
| Revenue | 0.87M | 3.11M | 1.00M | 2.19M | |||
| Gross Profit | 0.15M | 0.04M | 1.81M | -0.12M | |||
| Operating items | |||||||
| Research & DevelopmentR&D | 6.68M | 6.86M | 14.09M | 16.39M | |||
| Selling, General & AdministrativeSG&A | 4.52M | 3.80M | 2.62M | 0.64M | 14.09M | 15.58M | |
| Other Operating ExpensesOther Opex | 0.36M | 0.39M | 0.64M | 1.46M | |||
| Operating ExpensesOpex | 11.56M | 11.05M | 2.62M | 0.64M | 28.82M | 33.42M | |
| Operating IncomeOp. Inc | -11.40M | -11.01M | -2.62M | -0.64M | -27.01M | -33.54M | |
| EBIT | -11.40M | -11.01M | -2.62M | -0.64M | -27.01M | -33.54M | |
| Non-operating items | |||||||
| Non Operating Interest Expenses | 1.61M | 1.34M | 0.01M | 0.07M | |||
| Interest & Investment IncomeInt & Inv Inc | 0.30M | 0.13M | 0.01M | 0.01M | 0.52M | 1.45M | |
| Other Non Operating IncomeOther Non Op Inc. | -0.06M | 26.55M | |||||
| Non Operating IncomeNon Op. Inc. | -1.33M | -5.29M | 2.70M | 1.84M | -63.36M | -24.77M | |
| Net income details | |||||||
| EBT | -12.73M | -16.30M | -2.60M | -0.64M | -90.37M | -58.30M | |
| Tax ProvisionsTaxes | 0.00M | 0.00M | 0.05M | 0.12M | |||
| Profit After TaxPAT | -12.73M | -16.30M | 0.08M | 1.20M | -90.42M | -58.43M | |
| Income from Continuing OperationsIncome (Continuing) | -12.73M | -16.30M | -2.60M | -0.64M | -90.42M | -58.43M | |
| Consolidated Net IncomeConsol Net Inc. | -12.73M | -16.30M | -2.60M | -0.64M | -90.42M | -58.43M | |
| Income towards Parent CompanyParent Net Inc | -12.73M | -16.30M | -2.60M | -0.64M | -90.42M | -58.43M | |
| Preferred Dividend PaymentsPref Dividends | 1.42M | ||||||
| Net Income towards Common StockholdersNet Income | -12.73M | -16.30M | 0.06M | 0.92M | -91.84M | -127.50M | |
| Additional items | |||||||
| EPS (Basic) | -0.38 | -0.65 | 0.00 | 0.04 | -1.27 | -1.40 | |
| EPS (Diluted) | -0.18 | -0.23 | 0.00 | 0.03 | -1.27 | -1.40 | |
| Shares Outstanding | 8.29M | 33.33M | 25.00M | 33.33M | 25.43M | 72.42M | 91.31M |
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 15.79M | 70.95M | 70.97M | 33.33M | 33.76M | 72.42M | 91.31M |
| EBITDA | -11.40M | -11.01M | -2.62M | -0.64M | -27.01M | -33.54M | |
| Interest ExpensesInt Expense | 0.40M | 1.34M | 0.04M | 0.07M | |||
| Tax Rate | -0.01 | -0.01 | -0.05 | -0.21 |