Merlin, Inc. (MRLN) stock

MRLNNasdaqServices-Computer Integrated Systems DesignFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 12, 2026

$1.13+0.17 (+17.17%)

Close on Nov 13, 2026Market cap $114.21MP/E –Yield –

Merlin statistics

50 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: –
Last ex-dividend date: No dividends
Fundamentals through: Sep 30, 2026
Share price as of: Nov 13, 2026

Valuation ratiosIndustry

Market Cap: $114.21M; $792.38M
Enterprise Value: -$47.42M; $779.89M

Share statisticsIndustry

Shares Outstanding: 101M; 59M
Shares Change (QoQ): 1.10%; 0.04%
Float: 71M; 53M
Shares Held by Insiders: 29.4%; 13.1%
Shares Held by Institutions: 15.5%; 62.6%

Short sellingIndustry

Short Interest: 12M; –
Short Interest Change: 1.24%; -3.30%
Short % of Float: 16.7%; 5.82%
Short % of Shares Outstanding: 11.8%; 4.22%
Days to Cover: 5.87; 3.54

Stock price statisticsIndustry

52-Week High: $17.00; –
52-Week Low: $0.74; –
20-Day Moving Average: $0.97; –
50-Day Moving Average: $1.58; –
200-Day Moving Average: $6.01; –
Average True Range (14): $0.16; –
Price Change (1 Week): 29.9%; 0.50%
Price Change (1 Month): 0.89%; -1.81%
Price Change (3 Months): -68.0%; -4.67%
Price Change (6 Months): -82.9%; 0.47%
Price Change (YTD): -89.5%; -13.6%
Price Change (1 Year): -89.3%; -13.9%
Average Volume (10 Days): 7M; –
Average Volume (20 Days): 4M; –
Average Volume (90 Days): 3M; –
Relative Volume: 18.24; 0.64
Relative Strength Index (14): 48.4; 47.4
Volatility (1 Year): 125.9%; 65.4%

Returns on capitalIndustry

Return on Assets (ROA): -5.93%; -3.24%
Return on Capital Employed (ROCE): -33.1%; -0.55%

Financial positionIndustry

Current Ratio: 11.57; 1.37
Quick Ratio: 11.27; 0.94

EfficiencyIndustry

Profits Per Employee: -$1.33M; -$7.02K
Employee Count: 10; 525

Income statement (TTM)Industry

Operating Income: -$56.86M; -$638.82K
Net Income: -$13.28M; -$309.55K
EBITDA: -$56.86M; -$78.29K

Balance sheetIndustry

Cash & Short-Term Investments: $161.63M; $41.99M
Total Debt: $0; $179.41M
Net Cash (Debt): $161.63M; $1.76M
Net Cash Per Share: $1.60; $0.12
Equity (Book Value): -$26.29M; $51.00M
Book Value Per Share: -$0.26; $1.98
Tangible Book Value: -$26.29M; $2.87M
Working Capital: $152.62M; $16.25M

Cash flow (TTM)Industry

Operating Cash Flow: -$29.14M; $5.65M

Dividends and yieldsIndustry

Earnings Yield: -11.6%; 0.37%

Scores and fair valueIndustry

Altman Z-Score: -3.10; 1.96

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.

Period	MRLN	S&P 500	Difference
1 month	-12.4%	-3.0%	−9.4 pts
3 months	-74.4%	-2.8%	−71.7 pts
Year to date	-89.5%	+11.5%	−100.9 pts
1 year	-89.3%	+13.5%	−102.7 pts

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

12M MRLN shares were sold short on Oct 30, 2026, up 1.2% from the previous report, or 16.68% of the shares available to trade. At recent volumes it would take 5.9 days to buy them back. Over the last 20 sessions, 51.4% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	11,897,540	+1.2%	2,028,122	5.9
Oct 15, 2026	11,751,277	-3.4%	3,089,552	3.8
Sep 30, 2026	12,170,121	+15.5%	5,776,043	2.1
Sep 15, 2026	10,536,893	+6.5%	1,208,414	8.7
Aug 31, 2026	9,894,313	+14.3%	1,196,805	8.3
Aug 14, 2026	8,654,577	-2.3%	1,264,126	6.8
Jul 31, 2026	8,857,311	+22.0%	1,465,216	6.0
Jul 15, 2026	7,263,000	+10.5%	1,640,390	4.4
Jun 30, 2026	6,575,764	+16.2%	2,875,912	2.3
Jun 15, 2026	5,659,022	+74.3%	5,677,850	1.0
May 29, 2026	3,246,691	+27.1%	1,797,001	1.8
May 15, 2026	2,554,171	+6.9%	1,511,868	1.7

Ratios use trailing-twelve-month results and the latest balance sheet. How we calculate.

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