secwatch.observer — SEC 8-K summary
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Issuer:     Merlin, Inc. (MRLN)
CIK:        0002028707
Form:       8-K
Filed at:   2026-08-13T20:09:36+00:00
Accession:  0001628280-26-056712
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2028707/000162828026056712/0001628280-26-056712-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2028707/000162828026056712/mrln-20260813.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-056712

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer