---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-056712"
form_type: "8-K"
ticker: "MRLN"
cik: "0002028707"
company_name: "Merlin, Inc."
filed_at: "2026-08-13T20:09:36+00:00"
generated_at: "2026-08-13T20:11:22.591425+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Merlin Q2: revenue $2.2M, net loss $58.4M, cash $183.9M; autonomous landing milestone

## Summary
- Q2 revenue $2.2M vs $1.0M in Q1; GAAP net loss $(58.4)M vs $(90.4)M in Q1.
- Adjusted EBITDA loss $(27.8)M vs $(23.3)M in Q1; cash and investments $183.9M, no debt.
- Completed CDR for USSOCOM C-130J autonomy program on June 4, 2026; next phase integration and ground testing.
- First fully autonomous landing at Oshkosh on July 17, 2026 using Cessna 208B Grand Caravan.
- Signed non-binding MOU with Israel Aerospace Industries for Part 25 cargo autonomy; targeting ~2,400-aircraft market.

## SEC filing metadata
- accession: 0001628280-26-056712
- form_type: 8-K
- ticker: MRLN
- cik: 0002028707
- company_name: Merlin, Inc.
- filed_at: 2026-08-13T20:09:36+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2028707/000162828026056712/0001628280-26-056712-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2028707/000162828026056712/mrln-20260813.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-056712
- JSON: https://secwatch.observer/filing/0001628280-26-056712.json
- Plain text: https://secwatch.observer/filing/0001628280-26-056712.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.