Revenue
2023
2024
Merlin, Inc. (MRLN)
Price$3.35Cached quote
Financial statements
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Revenue | — | $1.2M | $1.0M |
| Research & development | — | $27.1M | $24.7M |
| Operating expenses | — | $46.8M | $38.7M |
| Operating income | −$3.9M | −$251,144 | −$38.4M |
| Operating margin | — | −20.43% | −3,832.10% |
| EBITDA | — | −$50.4M | −$33.7M |
| EBITDA margin | — | −4,104.23% | −3,355.53% |
| Net income | $6.0M | $1.5M | −$36.5M |
| Net profit margin | — | 123.65% | −3,635.39% |
| Basic EPSper basic share | — | -$0.78 | -$0.51 |
| Diluted EPSper diluted share | — | -$0.78 | -$0.51 |
Owners
Reported shareholders
≈15.33%of listed shares
George Matthew Spencer15.42M shares · May 20, 2026
View holders
| Holder | % owned |
|---|---|
George Matthew Spencer | ≈15.33%15.42M shares |
Quiet Capital Management, LLC | ≈12.82%12.9M shares |
FR Capital Holdings, L.P. | ≈11.68%11.75M shares |
Alyeska Investment Group, L.P. | 7.36%7.4M shares |
BAILLIE GIFFORD & CO | 2.00%2.02M shares |
UBS Group AG | 1.03%1.03M shares |
BlackRock, Inc. | 0.71%711.9K shares |
XTX Topco Ltd | 0.43%431.91K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.42%426.79K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 0.39%391.81K shares |
SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0.36%358.64K shares |
JANE STREET GROUP, LLC | 0.28%280.78K shares |
Carrithers Ryan Michael | ≈0.25%256.42K shares |
Brunner Mark Rawlins | ≈0.22%225.9K shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.22%224.41K shares |
Ravestein Leslie Renee | ≈0.20%199.04K shares |
VANGUARD FIDUCIARY TRUST CO | 0.18%184.72K shares |
MARSHALL WACE, LLP | 0.18%176.1K shares |
STATE STREET CORP | 0.16%165.7K shares |
LPL Financial LLC | 0.16%161.93K shares |
Percentages use 100.59M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
Source: SEC Form 4 ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Dec 9, 2025Form 4 | GOLDMAN SACHS GROUP INC +1TenPercentOwner | SellClass A Common Stock, par value $0.0001 per share · indirect | 3 | $10.95 | $32.85 | 3.25M |
| Dec 9, 2025Form 4 | GOLDMAN SACHS GROUP INC +1TenPercentOwner | BuyClass A Common Stock, par value $0.0001 per share · indirect | 3 | $10.95 | $32.85 | 3.25M |
| Dec 9, 2025Form 4 | GOLDMAN SACHS GROUP INC +1TenPercentOwner | BuyClass A Common Stock, par value $0.0001 per share · indirect | 2 | $10.98 | $21.96 | 3.25M |
| Dec 8, 2025Form 4 | GOLDMAN SACHS GROUP INC +1TenPercentOwner | SellClass A Common Stock, par value $0.0001 per share · indirect | 63 | $10.98 | $691.74 | 3.25M |
| Dec 8, 2025Form 4 | GOLDMAN SACHS GROUP INC +1TenPercentOwner | SellClass A Common Stock, par value $0.0001 per share · indirect | 3 | $10.98 | $32.94 | 3.25M |