MRLNNasdaqServices-Computer Integrated Systems Design

Merlin, Inc. (MRLN) earnings date, market-implied expected move, and options open interest by expiry

0.96

pre 0.97 +1.45%

Pre-market07:00 ETdelayed

Open0.95Volume639,125Mkt cap$87.3M

Day0.95 – 0.97100%52-wk0.82 – 17.001%

MRLN

Merlin, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Nov 24

in 20 days

est.Q3 FY26

Calendar

Next report

Last report

−15.05%

vs ±17.2% implied · ×0.88

shaded = implied · ▲▼ = realized

Aug 13 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+85.50%

shares held · 8 largest managers

13F · Jun 30 '26127d lag

63 managers

Top fund weight

—

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Merlin (MRLN) is expected to report on Nov 24 (estimated date).

Implied vs realized

1 report

—≥ implied

Q2 FY26Aug 13 '26confirmed±17.2%▼−15.05%×0.88

quarterimplied−20%0+20%realized×

Q2 FY26±17.2%▼−15.05%×0.88

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 4 expiries · Oct 16 close

0.25OI · 4 expiries · Oct 16 closeP/C open interest · Dec 18 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

697+5%Nov 2016d0.322,172+14%0.32

report · Nov 24 · est.

392−22%Dec 1844d1,580+9%

4,238−10%Jan 1572d0.0760,161+2%0.07

1,158—Apr 16163d0.148,255—0.14

ExpiryPutsCallsP/C

Nov 2016d697+5%2,172+14%0.32

report · Nov 24 · est.

Dec 1844d392−22%1,580+9%0.25

Jan 1572d4,238−10%

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

No linked exposure.

Linked exposure

Revenue flow

as filedQ2 FY26

−2663.04%as filednet margin · revenue +118.96% QoQ · −29.39% YoY

Revenue$2M+118.96%

Gross profit−$119,000−5.42%−106.56%

Operating income−$34M−1528.58%−24.16%

Pre-tax income−$58M+35.49%

Net income−$58M−2663.04%+35.38%

Cost of revenue$2M+385.20%

Operating expenses$33M+15.93%

Tax$125,000+160.42%

Other expense−$25M+60.91%

Source: SEC filings · standardized · QE Jun 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 07:00 ET

Intraday

Event sensitivity

FOMC ×1.88· ±13.3% vs ±7.1% · 6 releases

eventrelease day|move|up · n×base

FOMCrate decision±13.3%3 of 6×1.88

CPIconsumer prices±6.9%1 of 7×0.98

NFPjobs report±6.3%2 of 6×0.88

GDPgross domestic product±6.1%4 of 7×0.86

PCEpersonal income & outlays±6.1%4 of 7×0.86

PPIproducer prices±4.6%3 of 8×0.66

Bar = avg |move| to ±14% · tick = ±7.1% avg day · ×base = |move| ÷ ±7.1% · min 6 releases

Earnings history

EPS -1.40 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 13 '26 · confirmed	-1.40	—
Q1 FY26	—	-1.27	—
Q3 FY25	—	0.00	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod