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Investment Highlights Market Valuation Price Chart Return vs. Risk About MLNK Interactive Breakdown Better Bets vs. MLNK Latest Trefis Analyses Trade Ideas Recent Active Movers More From Trefis Peer Financials Peer Growth & Margins Peer Valuation Peer Returns Peer Analyses FDIC Bank Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

MeridianLink (MLNK)

Market Price (10/31/2025): $20.02 | Market Cap: $1.5 Bil
Sector: Information Technology | Industry: Technology Hardware, Storage & Peripherals

MeridianLink (MLNK)

Market Price (10/31/2025): $20.02
Market Cap: $1.5 Bil
Sector: Information Technology
Industry: Technology Hardware, Storage & Peripherals

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 29%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 27%		  Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 95x
1 Attractive yield
FCF Yield is 5.8%		  Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -6.0%
0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 29%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 27%
1 Attractive yield
FCF Yield is 5.8%
2 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 95x
3 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -6.0%

Market Valuation & Key Metrics

MLNKS&P 500
REVENUE GROWTHFAIR
Rev LTM ($ Bil)0.3
Rev Chg Q7.5%6.4%
Rev Chg LTM6.0%5.4%
Rev Chg 3Y Avg5.6%5.3%
PROFITABILITYVERY POOR
Op Inc LTM ($ Bil)0.0
CFO LTM ($ Bil)0.1
Net Inc LTM ($ Bil)-0.0
Op Mgn LTM3.4%18.7%
CFO/Rev LTM29.4%20.4%
Net Inc Mgn-6.9%12.8%
VALUATIONMODERATE
P/S4.73.2
P/CFO16.015.5
P/FCF17.320.6
P/E-68.123.6
STABILITYGOOD
Debt/Equity0.310.21
Cash/Assets0.100.07

MLNK Stock

   
   
   
   
   
   
   
Factor Drivers of Stock Movement
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Return vs. Risk

Price Returns Compared

 202020212022202320242025Total [1]
Returns
MLNK Return---36%80%-17%-3%-7%
Peers Return13%-2%-7%6%52%-19%35%
S&P 500 Return16%27%-19%24%23%16%110%

Monthly Win Rates [3]
MLNK Win Rate-40%42%58%42%33% 
Peers Win Rate13%10%5%21%33%48% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
MLNK Max Drawdown---39%0%-33%-25% 
Peers Max Drawdown-5%-4%-8%-1%-4%-34% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 

[1] Cumulative total returns since the beginning of 2020
[2] Peers: ADSK, HIT, BIYA, BLIV, BMR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/30/2025 (YTD)

How Low Can It Go

Unique KeyEventMLNKS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-53.7%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven115.9%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days

Compare to ADSK, HIT, BIYA, BLIV, BMR


In The Past

MeridianLink's stock fell -53.7% during the 2022 Inflation Shock from a high on 9/7/2021. A -53.7% loss requires a 115.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About MeridianLink (MLNK)

Better Bets than MeridianLink (MLNK)

 MLNKBetter Performance than MLNK
MetricValueIndustry (Technology Hardware, Storage &)
Rev Chg LTM6.0%AAPL (6.0%), DELL (10.5%), STX (38.9%), WDC (39.2%), HPE (14.0%)
Rev Chg 3Y Avg5.6%WDC (8.3%), HPE (5.9%), PSTG (9.7%), SMCI (64.7%), IONQ (104.2%)
Op Mgn LTM3.4%AAPL (31.9%), DELL (6.8%), STX (21.1%), WDC (21.1%), HPE (6.2%)
CFO/Rev LTM29.4%CRCT (38.0%)
FCF/Rev LTM27.2%CRCT (35.4%)
Total Yield-1.5%AAPL (2.8%), DELL (5.8%), STX (3.6%), WDC (3.9%), HPE (6.0%)
 MLNKBetter Performance than MLNK
MetricValueAll Other Sectors
Rev Chg LTM6.0%GOOGL (13.4%), AMZN (10.9%), META (21.3%), JPM (8.2%), LLY (36.8%)
Rev Chg 3Y Avg5.6%GOOGL (11.0%), AMZN (11.3%), META (17.3%), TSLA (9.3%), JPM (13.5%)
Op Mgn LTM3.4%GOOGL (32.2%), AMZN (11.4%), META (43.2%), TSLA (5.1%), WMT (4.2%)
CFO/Rev LTM29.4%GOOGL (39.3%), META (56.8%), V (60.4%), MA (53.3%), ABBV (33.1%)
FCF/Rev LTM27.2%V (56.8%), MA (49.2%), ABBV (31.3%), APP (53.7%), RY (131.7%)
Total Yield-1.5%GOOGL (3.9%), AMZN (3.0%), META (3.8%), TSLA (0.4%), JPM (6.6%)
 Best Bets In Information Technology Sector
 MLNKVRSN NVDA RMBS QLYS ADBE YOU GEN IDCC DBX KLAC
What You Pay           
P/E-68.027.157.150.724.320.616.527.022.216.139.5
P/EBIT94.919.649.043.222.716.519.69.917.713.732.4
What You Get           
Rev Chg Q7.5%7.3%55.6%22.7%10.3%10.7%17.5%30.3%34.5%-1.4%23.6%
Rev Chg LTM6.0%5.5%71.6%31.0%9.6%10.7%19.8%10.6%21.8%-0.0%23.9%
Rev Chg 3Y Avg5.6%5.2%92.0%17.3%12.5%10.5%35.5%14.8%23.3%4.1%10.4%
FCF/Rev 3Y Avg22.2%57.4%41.3%39.3%39.0%37.7%37.3%35.9%35.1%32.9%31.1%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 24%, alpha of 2.9%, and sharpe of 1.04

Latest Trefis Analyses

Trade Ideas

Select past ideas related to MLNK. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ADBE_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025ADBEAdobeMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-4.2%-4.2%-6.7%
CRM_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025CRMSalesforceMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		6.1%6.1%-0.6%
MPWR_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025MPWRMonolithic Power SystemsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		18.8%18.8%-1.8%
POWI_9262025_Dip_Buyer_High_CFO_Margins_ExInd_DE09262025POWIPower IntegrationsDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap		3.7%3.7%-13.4%
ROP_9262025_Monopoly_xInd_xCD_Getting_Cheaper09262025ROPRoper TechnologiesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-10.5%-10.5%-10.5%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ADBE_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025ADBEAdobeMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-4.2%-4.2%-6.7%
CRM_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025CRMSalesforceMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		6.1%6.1%-0.6%
MPWR_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025MPWRMonolithic Power SystemsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		18.8%18.8%-1.8%
POWI_9262025_Dip_Buyer_High_CFO_Margins_ExInd_DE09262025POWIPower IntegrationsDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap		3.7%3.7%-13.4%
ROP_9262025_Monopoly_xInd_xCD_Getting_Cheaper09262025ROPRoper TechnologiesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-10.5%-10.5%-10.5%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1INBXInhibrx Biosciences176.8%409.8%
2PUMPProPetro71.2%16.2%
3RNAAvidity Biosciences43.5%139.6%
4DYNDyne Therapeutics42.8%-0.0%
5GCIGannett39.3%3.8%
6FORMFormFactor38.3%34.7%
7MBXMBX Biosciences35.1%18.2%
8BBNXBeta Bionics33.8% 
9GHGuardant Health33.3%202.5%
10LUMNLumen Technologies32.7%94.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1PMIPicard Medical-75.2%5106.3%
2LRNStride-56.1%-35.8%
3NTLAIntellia Therapeutics-52.6%5.2%
4FMCFMC-48.7%-66.6%
5FIFiserv-47.4%-68.3%
6VRNSVaronis Systems-43.8%-21.2%
7THRYThryv-33.4%-44.8%
8NFENew Fortress Energy-30.5%-91.9%
9AKBAAkebia Therapeutics-29.5%10.5%
10UAMYUnited States Antimony-28.9%371.2%

1 Month Top Gainers

#TickerCompany1M RtnYTD Rtn
1PRAXPraxis Precision Medicines279.1%161.2%
2INBXInhibrx Biosciences131.0%409.8%
3PUMPProPetro99.6%16.2%
4DYNDyne Therapeutics88.4%-0.0%
5VICRVicor85.4%89.2%
6CELCCelcuity74.6%503.2%
7GLUEMonte Rosa Therapeutics73.5%87.5%
8NVTSNavitas Semiconductor72.1%251.8%
9LUMNLumen Technologies70.3%94.7%
10BALYBallys63.4%4.1%

1 Month Top Losers

#TickerCompany1M RtnYTD Rtn
1PMIPicard Medical-62.9%5106.3%
2LRNStride-53.8%-35.8%
3FMCFMC-51.0%-66.6%
4FIFiserv-48.3%-68.3%
5NFENew Fortress Energy-43.6%-91.9%
6VGVenture Global-41.7% 
7OGNOrganon-40.2%-55.0%
8VRNSVaronis Systems-39.5%-21.2%
9ITGRInteger-38.5%-52.2%
10LENZLENZ Therapeutics-37.9%5.5%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1INBXInhibrx Biosciences176.8%409.8%
2PUMPProPetro71.2%16.2%
3RNAAvidity Biosciences43.5%139.6%
4DYNDyne Therapeutics42.8%-0.0%
5GCIGannett39.3%3.8%
6FORMFormFactor38.3%34.7%
7MBXMBX Biosciences35.1%18.2%
8BBNXBeta Bionics33.8% 
9GHGuardant Health33.3%202.5%
10LUMNLumen Technologies32.7%94.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1PMIPicard Medical-75.2%5106.3%
2LRNStride-56.1%-35.8%
3NTLAIntellia Therapeutics-52.6%5.2%
4FMCFMC-48.7%-66.6%
5FIFiserv-47.4%-68.3%
6VRNSVaronis Systems-43.8%-21.2%
7THRYThryv-33.4%-44.8%
8NFENew Fortress Energy-30.5%-91.9%
9AKBAAkebia Therapeutics-29.5%10.5%
10UAMYUnited States Antimony-28.9%371.2%

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for MeridianLink

Financials

MLNKADSKHITBIYABLIVBMRMedian
NameMeridian.Autodesk Health I.Baiya In.BeLive Beamr Im. 
Mkt Price-300.772.610.303.602.592.61
Mkt Cap1.564.10.1---1.5
Rev LTM3266,60527---326
Op Inc LTM111,5151---11
FCF LTM891,8471---89
FCF 3Y Avg691,704----887
CFO LTM961,9254---96
CFO 3Y Avg781,775----926

Growth & Margins

MLNKADSKHITBIYABLIVBMRMedian
NameMeridian.Autodesk Health I.Baiya In.BeLive Beamr Im. 
Rev Chg LTM6.0%13.8%29.7%---13.8%
Rev Chg 3Y Avg5.6%11.7%----8.6%
Rev Chg Q7.5%17.1%86.2%---17.1%
QoQ Delta Rev Chg LTM1.9%4.1%19.3%---4.1%
Op Mgn LTM3.4%22.9%5.0%---5.0%
Op Mgn 3Y Avg4.7%21.5%----13.1%
QoQ Delta Op Mgn LTM1.6%0.8%-0.1%---0.8%
CFO/Rev LTM29.4%29.1%13.5%---29.1%
CFO/Rev 3Y Avg25.1%30.7%----27.9%
FCF/Rev LTM27.2%28.0%4.9%---27.2%
FCF/Rev 3Y Avg22.2%29.5%----25.9%

Valuation

MLNKADSKHITBIYABLIVBMRMedian
NameMeridian.Autodesk Health I.Baiya In.BeLive Beamr Im. 
Mkt Cap1.564.10.1---1.5
P/S4.79.75.4---5.4
P/EBIT94.945.373.1---73.1
P/E-68.061.4106.2---61.4
P/CFO15.933.340.2---33.3
Total Yield-1.5%1.6%0.9%---0.9%
Dividend Yield0.0%0.0%0.0%---0.0%
FCF Yield 3Y Avg4.8%3.3%----4.0%
D/E0.30.00.0---0.0
Net D/E0.20.0-0.1---0.0

Returns

MLNKADSKHITBIYABLIVBMRMedian
NameMeridian.Autodesk Health I.Baiya In.BeLive Beamr Im. 
1M Rtn--5.3%-18.7%-48.0%-1.1%-15.4%-15.4%
3M Rtn--0.8%26.1%-56.5%36.4%-14.8%-0.8%
6M Rtn-10.0%328.6%-93.3%-18.0%5.3%5.3%
12M Rtn-4.1%----20.2%-8.0%
3Y Rtn-40.3%----40.3%
1M Excs Rtn--6.4%-21.8%-50.8%-4.9%-16.7%-16.7%
3M Excs Rtn--8.1%21.1%-65.8%43.8%-23.6%-8.1%
6M Excs Rtn--11.8%306.8%-115.1%-39.7%-16.5%-16.5%
12M Excs Rtn--12.2%----41.0%-26.6%
3Y Excs Rtn--37.4%-----37.4%

Financials

$ Mil | FY: 12/312025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q3
Period End6/30/20253/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/20236/30/20233/31/202312/31/20229/30/2022
Filing Date8/11/20255/12/20253/13/202511/7/20248/8/20245/8/20243/12/202411/3/20238/4/20235/2/20233/9/202311/7/2022
Key Financials Quarterly            
Total Revenue858179807978757675777172
Ebitda211915191519232117171518
Operating Income54-03-07762525
Net Income-3-5-8-7-10-5-30-2-5-6-5-3
EPS-0.04-0.06-0.10-0.09-0.13-0.07-0.38-0.03-0.06-0.07-0.07-0.04
Key Financials TTM            
Total Revenue TTM326320316311308304304300295292288282
Ebitda TTM746868757880777067738483
Operating Income TTM1169161921191514213338
Net Income TTM-22-29-30-52-47-42-43-18-19-1214
Growth Rates Quarterly            
Total Revenue Growth7.5%4.7%6.5%5.1%4.3%0.9%5.7%6.6%3.3%6.0%10.2%6.5%
EBITDA Growth38.5%2.6%-32.3%-13.2%-9.5%12.8%49.4%17.1%-26.1%-39.6%1.1%4565.9%
Operating Income Growth4876.1%-45.5%-104.7%-54.0%-105.0%42.2%201.7%18.8%-75.6%-72.7%-71.1%153.5%
Net Income Growth68.8%11.7%73.8%-240.8%-84.9%6.4%-441.4%28.5%-340.8%-175.8%-70.0%86.5%
Margins Quarterly            
EBITDA Margin24.7%23.7%19.3%23.0%19.2%24.2%30.4%27.9%22.1%21.6%21.5%25.4%
Operating Income Margin6.2%4.4%-0.4%3.2%-0.1%8.4%9.1%7.3%2.9%6.0%3.2%6.5%
Net Income Margin-3.6%-5.7%-9.7%-8.8%-12.3%-6.8%-39.7%-2.7%-6.9%-7.3%-7.7%-4.0%
Cash & Debt            
Total Cash911299382936280981097856116
Total Debt467468469470472423424425427427428428
Net Debt / (Cash)376339377388379361344328318349372313
Cash Flows Quarterly            
FCF from Operations1942142114291221628720
Cash Flows TTM            
FCF from Operations TTM969178767769686361687588
Returns to Shareholders Quarterly            
Dividends000000000000
Share Repurchases53-0-031304426312330
Return on Invested Capital (ROIC) Quarterly            
ROIC1.9%1.3%-0.1%0.9%-0.0%2.6%2.7%1.7%0.7%1.6%0.7%2.0%
Return on Invested Capital (ROIC) TTM            
ROIC TTM1.0%0.5%0.8%1.5%1.8%2.1%1.9%1.2%1.2%2.1%0.8%1.7%

Price Behavior

MLNK Betas & Captures as of 9/30/2025

 1M2M3M6M1Y3Y
Beta0.170.160.390.710.810.88
Up Beta0.440.950.690.610.620.72
Down Beta0.473.232.491.101.021.15
Up Capture7%35%50%42%65%53%
Bmk +ve Days13233574144420
Stock +ve Days9172655109375
Down Capture10%-259%-125%59%97%98%
Bmk -ve Days8192952107330
Stock -ve Days10172861132362

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity1,294,054
Short Interest: % Change Since 93020255.5%
Average Daily Volume945,323
Days-to-Cover Short Interest1.37
Basic Shares Quantity76,479,047
Short % of Basic Shares1.7%

Returns Analyses

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/11/202524.6%24.7%25.9%
3/6/202516.6%4.4%-9.9%
11/7/2024-1.4%-7.0%-5.8%
8/8/2024-5.4%-3.9%7.0%
5/7/20242.1%-0.7%14.0%
2/6/2024-15.1%-14.5%-17.1%
11/1/20235.6%16.6%25.6%
8/1/2023-23.8%-16.5%-21.0%
...
SUMMARY STATS   
# Positive655
# Negative788
Median Positive3.8%6.6%14.0%
Median Negative-5.4%-6.2%-12.9%
Max Positive24.6%24.7%25.9%
Max Negative-23.8%-16.5%-21.0%

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025811202510-Q 6/30/2025
3312025512202510-Q 3/31/2025
12312024313202510-K 12/31/2024
93020241107202410-Q 9/30/2024
6302024808202410-Q 6/30/2024
3312024508202410-Q 3/31/2024
12312023312202410-K 12/31/2023
93020231103202310-Q 9/30/2023
6302023804202310-Q 6/30/2023
3312023502202310-Q 3/31/2023
12312022309202310-K 12/31/2022
93020221107202210-Q 9/30/2022
6302022809202210-Q 6/30/2022
3312022512202210-Q 3/31/2022
12312021310202210-K 12/31/2021
93020211103202110-Q 9/30/2021

Insider Activity

Expand for More

 

Industry Resources

Technology Hardware, Storage & Peripherals Resources
The Verge
TechRadar
Tom’s Hardware
PCMag
CNET

External Quote Links


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