Filing Flows › Merlin (MRLN) › Q2 2026 › vs Q1 2026
Merlin (MRLN) Q2 2026 vs Q1 2026 (quarter over quarter)
Merlin's revenue rose $1.2M (+119%) from $1.0M in Q1 2026 to $2.2M in Q2 2026.
Merlin, Q2 2026: revenue $2.2M (-29% year over year), net loss $58.4M, operating cash flow −$27.3M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $2.2M | $1.0M | $1.2M | +119% |
| Net loss | $58.4M | $90.4M | −$32.0M | -35% |
| Costs & expenses | $60.6M | $91.4M | −$30.8M | -34% |
| Operating costs | $35.7M | $28.0M | $7.7M | +28% |
| Interest & other, net | $24.8M | $63.4M | −$38.6M | -61% |
| Income tax | $125K | $48K | $77K | +160% |
| Operating cash sources | $58.4M | $90.4M | −$32.0M | -35% |
| Depreciation | $712K | $417K | $295K | +71% |
| Share-based compensation | $4.6M | $1.3M | $3.3M | +256% |
| Working capital & other | $25.9M | $65.1M | −$39.2M | -60% |
| Cash used in operations | $27.3M | $23.6M | $3.6M | +15% |
| Net loss absorbed | $58.4M | $90.4M | −$32.0M | -35% |
Questions
How much did Merlin's revenue grow quarter over quarter in Q2 2026?
Merlin's revenue rose $1.2M (+119%) from $1.0M in Q1 2026 to $2.2M in Q2 2026.