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Mercury Systems, Inc.(MRCY)Earnings, Financials & Key Ratios
MRCY•NASDAQ
Price updated Jun 19, 2026
AboutMercury Systems, Inc., a technology company, manufactures and sells components, products, modules, and subsystems for aerospace and defense industries in the United States, Europe, and the Asia Pacific. Its products and solutions are deployed in approximately 300 programs with 25 defense contractors and commercial aviation customers. The company offers components, including power amplifiers and limiters, switches, oscillators, filters, equalizers, digital and analog converters, chips, monolithic microwave integrated circuits, and memory and storage devices; modules and sub-assemblies, such as embedded processing modules and boards, switched fabric boards, digital receiver boards, multi-chip modules, integrated radio frequency and microwave multi-function assemblies, tuners, and transceivers, as well as graphics and video processing, and Ethernet and input-output boards; and integrated subsystems. It also designs and develops digital radio frequency memory units for various modern electronic warfare applications; radar environment simulation and test systems for defense and intelligence applications; and signals intelligence payloads and EO/IR technologies for small UAV platforms, as well as onboard UAV processor systems for real-time wide area motion imagery. The company was formerly known as Mercury Computer Systems, Inc. and changed its name to Mercury Systems, Inc. in November 2012. Mercury Systems, Inc. was incorporated in 1981 and is headquartered in Andover, Massachusetts.Show more
- Revenue$912M+9.2%
- EBITDA$62M+204.5%
- Net Income-$38M+72.5%
- EPS (Diluted)-0.65+72.7%
- Gross Margin27.9%+19.0%
- EBITDA Margin6.84%+195.7%
- Operating Margin-2.15%+87.8%
- Net Margin-4.16%+74.8%
- ROE-2.57%+71.6%
MRCY Key Insights
Mercury Systems, Inc. (MRCY) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 88 (top 12%)
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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MRCY Price & Volume
Mercury Systems, Inc. (MRCY) stock price & volume — 10-year historical chart
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MRCY Growth Metrics
Mercury Systems, Inc. (MRCY) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years14.53%
5 Years2.74%
3 Years-2.16%
TTM8.95%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM78.32%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM25%
Return on Capital
10 Years2.35%
5 Years-1%
3 Years-2.93%
Last Year-0.92%
MRCY Recent Earnings
Mercury Systems, Inc. (MRCY) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
May 5, 2026Metric
Actual
Est
EPS
$0.27+350.0%
$0.06
Rev
$236M+13.0%
$209M
Q1 2026
Feb 3, 2026Metric
Actual
Est
EPS
$0.16+128.6%
$0.07
Rev
$233M+10.6%
$211M
Q4 2025
Nov 4, 2025Metric
Actual
Est
EPS
$0.26+225.0%
$0.08
Rev
$225M-0.2%
$226M
Q3 2025
Aug 11, 2025Metric
Actual
Est
EPS
$0.47+123.8%
$0.21
Rev
$211M-1.6%
$215M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $0.27vs $0.06+350.0% | $236Mvs $209M+13.0% |
| Q1 2026 | Feb 3, 2026 | $0.16vs $0.07+128.6% | $233Mvs $211M+10.6% |
| Q4 2025 | Nov 4, 2025 | $0.26vs $0.08+225.0% | $225Mvs $226M-0.2% |
| Q3 2025 | Aug 11, 2025 | $0.47vs $0.21+123.8% | $211Mvs $215M-1.6% |
Based on last 12 quarters of dataView full earnings history →
MRCY Peer Comparison
Mercury Systems, Inc. (MRCY) competitors in Defense Electronics and Sensors — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 KTOS | 10.17B | 54.21 | 417 | 18.52% | 2.08% | 1.26% | 0.09 | |
 CW | 28.49B | 771.93 | 59.98 | 12.08% | 14.17% | 19.64% | 0.52 | |
 DRS | 12.29B | 46.08 | 44.74 | 12.8% | 7.85% | 10.79% | 0.17 | |
 HAYW | 3.25B | 15.00 | 22.06 | 6.71% | 13.98% | 10.32% | 0.01 | |
 HII | 11.24B | 285.43 | 18.55 | 8.23% | 4.71% | 12.05% | 0.62 | |
 TDY | 28.7B | 619.58 | 32.82 | 7.86% | 15.15% | 8.94% | 0.25 | |
 LDOS | 13.47B | 107.07 | 9.62 | 3.07% | 7.77% | 27.1% | 1.19 | |
 SAIC | 4.33B | 102.39 | 13.30 | -2.9% | 5.55% | 27.22% | 1.80 |
Compare MRCY vs Peers
Mercury Systems, Inc. (MRCY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MRCY Income Statement
Mercury Systems, Inc. (MRCY) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 408.59M | 493.18M | 654.74M | 796.61M | 924M | 973.88M | 973.88M | 835.27M | 912.02M | 966.95M |
Revenue Growth % | 51.24% | 20.7% | 32.76% | 21.67% | 15.99% | 5.4% | 0% | -14.23% | 9.19% | 8.95% |
Cost of Goods Sold | 217.04M | 267.33M | 368.59M | 439.77M | 538.81M | 657.15M | 657.15M | 639.37M | 657.53M | 689.6M |
COGS % of Revenue | 53.12% | 54.2% | 56.29% | 55.2% | 58.31% | 67.48% | 67.48% | 76.55% | 72.1% | - |
Gross Profit | 191.54M▲ 0% | 225.86M▲ 17.9% | 286.16M▲ 26.7% | 356.84M▲ 24.7% | 385.19M▲ 7.9% | 316.73M▼ 17.8% | 316.73M▲ 0.0% | 195.9M▼ 38.1% | 254.49M▲ 29.9% | 277.35M▲ 0% |
Gross Margin % | 46.88% | 45.8% | 43.7% | 44.8% | 41.69% | 32.52% | 32.52% | 23.45% | 27.9% | 28.68% |
Gross Profit Growth % | 53.51% | 17.91% | 26.7% | 24.7% | 7.94% | -17.77% | 0% | -38.15% | 29.91% | - |
Operating Expenses | 150.26M | 173.18M | 207.56M | 265.78M | 304.19M | 338.41M | 338.41M | 343.65M | 274.12M | 267.99M |
OpEx % of Revenue | 36.77% | 35.11% | 31.7% | 33.36% | 32.92% | 34.75% | 34.75% | 41.14% | 30.06% | - |
Selling, General & Admin | 76.49M | 88.36M | 110.72M | 132.25M | 134.34M | 160.64M | 160.64M | 166.79M | 154.41M | 164.9M |
SG&A % of Revenue | 18.72% | 17.92% | 16.91% | 16.6% | 14.54% | 16.49% | 16.49% | 19.97% | 16.93% | - |
Research & Development | 54.09M | 58.81M | 68.92M | 98.48M | 113.48M | 108.8M | 108.8M | 101.33M | 67.65M | 55.49M |
R&D % of Revenue | 13.24% | 11.92% | 10.53% | 12.36% | 12.28% | 11.17% | 11.17% | 12.13% | 7.42% | - |
Other Operating Expenses | 771K | -1.59M | 27.91M | 35.04M | 56.37M | 68.98M | 68.98M | 75.54M | 52.06M | 4M |
Operating Income | 37.4M▲ 0% | 46.98M▲ 25.6% | 76.58M▲ 63.0% | 91.06M▲ 18.9% | 81M▼ 11.0% | -21.68M▼ 126.8% | -21.68M▲ 0.0% | -147.75M▼ 581.4% | -19.63M▲ 86.7% | 9.37M▲ 0% |
Operating Margin % | 9.15% | 9.53% | 11.7% | 11.43% | 8.77% | -2.23% | -2.23% | -17.69% | -2.15% | 0.97% |
Operating Income Growth % | 56.02% | 25.62% | 63% | 18.9% | -11.05% | -126.77% | 0% | -581.37% | 86.72% | - |
EBITDA | 69.67M | 89.26M | 122.98M | 140.39M | 148.08M | 75.64M | 75.64M | -59.72M | 62.4M | 29.33M |
EBITDA Margin % | 17.05% | 18.1% | 18.78% | 17.62% | 16.03% | 7.77% | 7.77% | -7.15% | 6.84% | 3.03% |
EBITDA Growth % | 75.43% | 28.12% | 37.77% | 14.16% | 5.48% | -48.92% | 0% | -178.95% | 204.48% | -9.19% |
D&A (Non-Cash Add-back) | 32.27M | 42.28M | 46.39M | 49.33M | 67.08M | 97.33M | 97.33M | 88.03M | 82.03M | 19.97M |
EBIT | 38.64M | 45.42M | 79.31M | 94.94M | 96.2M | -23.38M | -23.38M | -154.26M | -16.99M | 8.58M |
Net Interest Income | -7.11M | -2.82M | -8.18M | 1.15M | -1.04M | -24.11M | -24.11M | -33.82M | -29.82M | -18.72M |
Interest Income | 462K | 32K | 932K | 2.15M | 179K | 1.05M | 1.05M | 1.2M | 3.61M | 7.55M |
Interest Expense | 7.57M | 2.85M | 9.11M | 1.01M | 1.22M | 25.16M | 25.16M | 35.02M | 33.43M | -15.04M |
Other Income/Expense | -6.33M | -4.41M | -17.06M | 2.87M | -3.83M | -26.86M | -26.86M | -41.52M | -30.8M | -27.23M |
Pretax Income | 31.07M▲ 0% | 42.57M▲ 37.0% | 59.53M▲ 39.8% | 93.93M▲ 57.8% | 77.17M▼ 17.8% | -48.54M▼ 162.9% | -48.54M▲ 0.0% | -189.28M▼ 289.9% | -50.42M▲ 73.4% | -17.86M▲ 0% |
Pretax Margin % | 7.6% | 8.63% | 9.09% | 11.79% | 8.35% | -4.98% | -4.98% | -22.66% | -5.53% | -1.85% |
Income Tax | 6.19M | 1.69M | 12.75M | 8.22M | 15.13M | -20.21M | -20.21M | -51.63M | -12.52M | -3.76M |
Effective Tax Rate % | 19.93% | 3.97% | 21.42% | 8.75% | 19.6% | 41.63% | 41.63% | 27.28% | 24.83% | 21.07% |
Net Income | 24.88M▲ 0% | 40.88M▲ 64.4% | 46.77M▲ 14.4% | 85.71M▲ 83.2% | 62.04M▼ 27.6% | -28.34M▼ 145.7% | -28.34M▲ 0.0% | -137.64M▼ 385.8% | -37.9M▲ 72.5% | -14.1M▲ 0% |
Net Margin % | 6.09% | 8.29% | 7.14% | 10.76% | 6.71% | -2.91% | -2.91% | -16.48% | -4.16% | -1.46% |
Net Income Growth % | 26% | 64.35% | 14.41% | 83.24% | -27.61% | -145.67% | 0% | -385.76% | 72.46% | 78.32% |
Net Income (Continuing) | 24.88M | 40.88M | 46.77M | 85.71M | 62.04M | -28.34M | -28.34M | -137.64M | -37.9M | -11.24M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | 0.58▲ 0% | 0.86▲ 48.3% | 0.96▲ 11.6% | 1.56▲ 62.5% | 1.12▼ 28.2% | -0.50▼ 144.6% | -0.50▲ 0.0% | -2.38▼ 376.0% | -0.65▲ 72.7% | -0.24▲ 0% |
EPS Growth % | 3.57% | 48.28% | 11.63% | 62.5% | -28.21% | -144.64% | 0% | -376% | 72.69% | 25% |
EPS (Basic) | 0.59 | 0.88 | 0.98 | 1.57 | 1.13 | -0.50 | -0.50 | -2.38 | -0.65 | - |
Diluted Shares Outstanding | 43.02M | 47.47M | 48.5M | 55.12M | 55.47M | 56.55M | 56.55M | 57.74M | 58.75M | 59.39M |
Basic Shares Outstanding | 41.99M | 46.72M | 47.83M | 54.55M | 55.07M | 56.55M | 56.55M | 57.74M | 58.75M | 59.39M |
Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
MRCY Balance Sheet
Mercury Systems, Inc. (MRCY) balance sheet — assets, liabilities & shareholders' equity
| Metric | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 246.2M | 331.74M | 582.17M | 634.77M | 643.1M | 815.25M | 937.02M | 953.78M | 1.06B | 1.12B |
Cash & Short-Term Investments | 41.64M | 66.52M | 257.93M | 226.84M | 113.84M | 65.65M | 71.56M | 180.52M | 309.1M | 331.8M |
Cash Only | 41.64M | 66.52M | 257.93M | 226.84M | 113.84M | 65.65M | 71.56M | 180.52M | 309.1M | 331.8M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 113.67M | 143.81M | 176.22M | 210.73M | 291.73M | 447.85M | 507.29M | 415.47M | 388.06M | 365.05M |
Days Sales Outstanding | 101.55 | 106.44 | 98.24 | 96.55 | 115.24 | 167.85 | 190.13 | 181.55 | 155.31 | 141.59 |
Inventory | 81.07M | 108.58M | 137.11M | 178.09M | 221.64M | 270.34M | 337.22M | 335.3M | 332.92M | 361.69M |
Days Inventory Outstanding | 136.34 | 148.26 | 135.78 | 147.81 | 150.14 | 150.15 | 187.3 | 191.41 | 184.81 | 183.2 |
Other Current Assets | 1.43M | 3.76M | 90K | 16.61M | 782K | 23.91M | 20.95M | 22.49M | 27.64M | 58.19M |
Total Non-Current Assets | 569.55M | 732.74M | 834.8M | 975.95M | 1.31B | 1.49B | 1.45B | 1.43B | 1.38B | 1.36B |
Property, Plant & Equipment | 51.64M | 50.98M | 60M | 148.35M | 194.9M | 193.56M | 182.57M | 171.21M | 153.7M | 152.69M |
Fixed Asset Turnover | 7.91x | 9.67x | 10.91x | 5.37x | 4.74x | 5.03x | 5.33x | 4.88x | 5.93x | 6.27x |
Goodwill | 380.85M | 497.44M | 562.15M | 614.08M | 804.91M | 937.88M | 938.09M | 938.09M | 938.09M | 942.61M |
Intangible Assets | 129.04M | 177.9M | 206.12M | 208.75M | 307.56M | 351.54M | 298.05M | 250.51M | 210.61M | 185.21M |
Long-Term Investments | -4.86M | -13.63M | -17.81M | 0 | -66.79M | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Assets | 8.02M | 6.41M | 6.53M | 4.78M | 4.67M | 6.19M | 8.54M | 6.69M | 5.16M | 8.08M |
Total Assets | 815.75M▲ 0% | 1.06B▲ 30.5% | 1.42B▲ 33.1% | 1.61B▲ 13.7% | 1.96B▲ 21.4% | 2.3B▲ 17.9% | 2.39B▲ 3.8% | 2.38B▼ 0.5% | 2.43B▲ 2.3% | 2.48B▲ 0% |
Asset Turnover | 0.50x | 0.46x | 0.46x | 0.49x | 0.47x | 0.42x | 0.41x | 0.35x | 0.37x | 0.39x |
Asset Growth % | 10.76% | 30.49% | 33.11% | 13.67% | 21.38% | 17.86% | 3.77% | -0.52% | 2.35% | 13.05% |
Total Current Liabilities | 72.84M | 71.68M | 98.03M | 125.92M | 150.82M | 193.93M | 233.26M | 234.42M | 300.38M | 350.5M |
Accounts Payable | 27.48M | 21.32M | 39.03M | 41.88M | 47.95M | 98.67M | 103.99M | 81.07M | 79.12M | 104.07M |
Days Payables Outstanding | 46.22 | 29.11 | 38.65 | 34.76 | 32.48 | 54.81 | 57.76 | 46.28 | 43.92 | 51.23 |
Short-Term Debt | 0 | 0 | 0 | 0 | 10.02M | 0 | 0 | 0 | 0 | 0 |
Deferred Revenue (Current) | 6.36M | 12.6M | 11.29M | 18.97M | 38.18M | 15.49M | 56.56M | 73.92M | 126.8M | 515.52M |
Other Current Liabilities | 20.59M | 16.39M | 18.9M | 41.27M | 14.63M | 44.81M | 30.42M | 36.4M | 51.32M | 120.12M |
Current Ratio | 3.38x | 4.63x | 5.94x | 5.04x | 4.26x | 4.20x | 4.02x | 4.07x | 3.52x | 3.19x |
Quick Ratio | 2.27x | 3.11x | 4.54x | 3.63x | 2.79x | 2.81x | 2.57x | 2.64x | 2.41x | 2.15x |
Cash Conversion Cycle | 191.66 | 225.58 | 195.36 | 209.61 | 232.9 | 263.2 | 319.67 | 326.69 | 296.2 | 273.56 |
Total Non-Current Liabilities | 17.48M | 220.91M | 34.21M | 100.02M | 320.17M | 573.3M | 591.42M | 671.71M | 660.93M | 653.12M |
Long-Term Debt | 0 | 195M | 0 | 0 | 200M | 451.5M | 511.5M | 591.5M | 591.5M | 639.84M |
Capital Lease Obligations | 0 | 0 | 0 | 66.98M | 71.51M | 69.89M | 66.8M | 62.58M | 52.74M | 157.33M |
Deferred Tax Liabilities | 4.86M | 13.63M | 17.81M | 13.89M | 28.81M | 32.4M | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 12.63M | 12.27M | 16.39M | 19.15M | 19.85M | 19.52M | 13.12M | 17.63M | 16.69M | 13.28M |
Total Liabilities | 90.33M | 292.59M | 132.24M | 225.94M | 470.99M | 767.23M | 824.68M | 906.13M | 961.3M | 1B |
Total Debt | 0 | 195M | 0 | 66.98M | 281.53M | 521.39M | 578.3M | 654.08M | 644.24M | 639.84M |
Net Debt | -41.64M | 128.48M | -257.93M | -159.86M | 167.69M | 455.73M | 506.73M | 473.56M | 335.14M | 308.04M |
Debt / Equity | - | 0.25x | - | 0.05x | 0.19x | 0.34x | 0.37x | 0.44x | 0.44x | 0.43x |
Debt / EBITDA | - | 2.18x | - | 0.48x | 1.90x | 6.89x | 7.64x | - | 10.32x | 21.81x |
Net Debt / EBITDA | -0.60x | 1.44x | -2.10x | -1.14x | 1.13x | 6.02x | 6.70x | - | 5.37x | 10.50x |
Interest Coverage | 5.11x | 15.94x | 8.71x | 94.37x | 78.72x | -0.93x | -0.93x | -4.41x | -0.51x | -0.57x |
Total Equity | 725.42M▲ 0% | 771.89M▲ 6.4% | 1.28B▲ 66.4% | 1.38B▲ 7.8% | 1.48B▲ 7.2% | 1.54B▲ 3.6% | 1.57B▲ 1.9% | 1.47B▼ 6.0% | 1.47B▲ 0.0% | 1.48B▲ 0% |
Equity Growth % | 53.35% | 6.41% | 66.44% | 7.79% | 7.18% | 3.57% | 1.92% | -5.99% | 0.05% | 2.9% |
Book Value per Share | 16.86 | 16.26 | 26.49 | 25.13 | 26.75 | 27.18 | 27.70 | 25.51 | 25.08 | 24.88 |
Total Shareholders' Equity | 725.42M | 771.89M | 1.28B | 1.38B | 1.48B | 1.54B | 1.57B | 1.47B | 1.47B | 1.48B |
Common Stock | 463K | 469K | 542K | 547K | 552K | 557K | 570K | 581K | 590K | 595K |
Retained Earnings | 139.09M | 179.97M | 226.74M | 312.45M | 374.5M | 385.77M | 357.44M | 219.8M | 181.9M | 151.42M |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | 1.07M | 1.29M | -1.29M | -2.88M | -339K | 5.53M | 11.83M | 9.99M | 3.5M | 10.88M |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
MRCY Cash Flow Statement
Mercury Systems, Inc. (MRCY) cash flow — operating, investing & free cash flow history
| Metric | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 59.15M | 43.32M | 97.52M | 115.18M | -18.87M | -21.25M | 60.38M | 138.85M | 138.85M | 98.31M |
Operating CF Margin % | 14.48% | 8.78% | 14.89% | 14.46% | -2.04% | -2.18% | 6.2% | 16.62% | 15.22% | - |
Operating CF Growth % | 60.11% | -26.76% | 125.1% | 18.12% | -116.38% | -12.64% | 384.1% | 129.95% | 0% | -43.34% |
Net Income | 24.88M | 40.88M | 46.77M | 85.71M | 11.28M | -28.34M | -137.64M | -37.9M | -37.9M | -14.1M |
Depreciation & Amortization | 32.27M | 42.28M | 46.39M | 49.33M | 93.42M | 97.33M | 88.03M | 82.03M | 82.03M | 75.14M |
Stock-Based Compensation | 15.34M | 17.31M | 19.42M | 26.54M | 38.29M | 43.42M | 41.52M | 39.92M | 39.92M | 5.92M |
Deferred Taxes | -7.84M | -5.46M | -1.56M | -3.02M | -2.42M | -59.65M | -31.51M | -10.59M | -10.59M | 3.4M |
Other Non-Cash Items | 1.18M | 2.1M | 9.2M | -2.31M | -497K | 5.25M | 23.16M | -2.7M | -2.7M | 33.17M |
Working Capital Changes | -6.68M | -53.79M | -22.71M | -41.07M | -158.94M | -79.27M | 76.83M | 68.1M | 68.1M | -5.22M |
Change in Receivables | -14.05M | -38.33M | -22.03M | -31.08M | -146.48M | -58.72M | 76.46M | 29.95M | 29.95M | -10.84M |
Change in Inventory | -9.32M | -16.23M | -17.1M | -31.61M | -40.9M | -64.06M | 130K | -17.09M | -17.09M | 11.98M |
Change in Payables | 3.52M | -5.27M | 17.95M | 13.61M | 58.4M | -16.73M | 741K | 8.1M | 8.1M | 13.4M |
Cash from Investing | -111.09M | -200.88M | -153.77M | -135.49M | -274.32M | -38.56M | -34.29M | -13.5M | -13.5M | -24.52M |
Capital Expenditures | -32.84M | -15.11M | -26.69M | -43.29M | -27.66M | -38.8M | -34.29M | -19.8M | -19.8M | -24.81M |
CapEx % of Revenue | 8.04% | 3.06% | 4.08% | 5.43% | 2.99% | 3.98% | 3.52% | 2.37% | 2.17% | 2.57% |
Acquisitions | -77.76M | -185.4M | -127.08M | -96.5M | -243.46M | 0 | 0 | -4.54M | -4.54M | -1.42M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | -486K | -375K | 0 | 0 | -3.2M | 235K | 0 | 10.85M | 10.85M | 1.7M |
Cash from Financing | 11.34M | 182.94M | 247.76M | -10.93M | 245.75M | 65.43M | 82.68M | 1.41M | 1.41M | -13.26M |
Debt Issued (Net) | -200M | 195M | -195M | 0 | 251.5M | 60M | 80M | 0 | 0 | 0 |
Equity Issued (Net) | 206.96M | -15.51M | 446.38M | -16.25M | -8.21M | -63K | -31K | 0 | 3.66M | -12.27M |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | -8.77M | -15.51M | -7.97M | -16.25M | -8.21M | -63K | -31K | 0 | 0 | 0 |
Other Financing | 4.38M | 3.44M | -3.61M | 5.32M | 2.46M | 5.49M | 2.71M | 1.41M | -2.25M | -987K |
Net Change in Cash | -40.05M▲ 0% | 24.88M▲ 162.1% | 191.41M▲ 669.2% | -31.09M▼ 116.2% | -48.19M▼ 55.0% | 5.91M▲ 112.3% | 108.96M▲ 1743.9% | 128.58M▲ 18.0% | 128.58M▲ 0.0% | 61.98M▲ 0% |
Free Cash Flow | 26.3M▲ 0% | 28.21M▲ 7.3% | 70.83M▲ 151.0% | 71.89M▲ 1.5% | -46.52M▼ 164.7% | -60.05M▼ 29.1% | 26.09M▲ 143.4% | 119.05M▲ 356.3% | 119.05M▲ 0.0% | 73.5M▲ 0% |
FCF Margin % | 6.44% | 5.72% | 10.82% | 9.02% | -5.04% | -6.17% | 2.68% | 14.25% | 13.05% | 7.6% |
FCF Growth % | -9.48% | 7.27% | 151.02% | 1.5% | -164.72% | -29.07% | 143.45% | 356.28% | 0% | -49.82% |
FCF per Share | 0.61 | 0.59 | 1.46 | 1.30 | -0.84 | -1.06 | 0.46 | 2.06 | 2.03 | 1.24 |
FCF Conversion (FCF/Net Income) | 2.38x | 1.06x | 2.08x | 1.34x | -0.30x | 0.75x | -2.13x | -1.01x | -3.66x | -5.21x |
Interest Paid | 5.76M | 1.61M | 10.37M | 1.05M | 5.49M | 27.29M | 37.42M | 36.56M | 36.56M | 16.98M |
Taxes Paid | 2.83M | 17M | 7.35M | 12.94M | 14.12M | 24.24M | 0 | 365K | 365K | 586K |
MRCY Key Ratios
Mercury Systems, Inc. (MRCY) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 4.15% | 5.46% | 4.55% | 6.42% | 4.33% | -1.88% | -1.83% | -9.06% | -2.57% | -0.96% |
Return on Invested Capital (ROIC) | 4.43% | 4.45% | 5.96% | 6.07% | 4.22% | -0.89% | -0.8% | -5.51% | -0.78% | 0.39% |
Gross Margin | 46.88% | 45.8% | 43.7% | 44.8% | 41.69% | 32.52% | 32.52% | 23.45% | 27.9% | 28.68% |
Net Margin | 6.09% | 8.29% | 7.14% | 10.76% | 6.71% | -2.91% | -2.91% | -16.48% | -4.16% | -1.46% |
Debt / Equity | - | 0.25x | - | 0.05x | 0.19x | 0.34x | 0.37x | 0.44x | 0.44x | 0.43x |
Interest Coverage | 5.11x | 15.94x | 8.71x | 94.37x | 78.72x | -0.93x | -0.93x | -4.41x | -0.51x | -0.57x |
FCF Conversion | 2.38x | 1.06x | 2.08x | 1.34x | -0.30x | 0.75x | -2.13x | -1.01x | -3.66x | -5.21x |
Revenue Growth | 51.24% | 20.7% | 32.76% | 21.67% | 15.99% | 5.4% | 0% | -14.23% | 9.19% | 8.95% |
Related:MRCY Dividend History·MRCY Revenue History·MRCY Price History·MRCY P/E History·MRCY Financial Ratios·MRCY Institutional Holders
MRCY SEC Filings & Documents
Mercury Systems, Inc. (MRCY) SEC filings — annual & quarterly reports (10-K, 10-Q)
MRCY Frequently Asked Questions
Mercury Systems, Inc. (MRCY) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Mercury Systems, Inc. (MRCY) reported $966.9M in revenue for fiscal year 2025. This represents a 1031% increase from $85.5M in 1998.
Mercury Systems, Inc. (MRCY) grew revenue by 9.2% over the past year. This is steady growth.
Mercury Systems, Inc. (MRCY) reported a net loss of $14.1M for fiscal year 2025.
Dividend & Returns
Mercury Systems, Inc. (MRCY) has a return on equity (ROE) of -2.6%. Negative ROE indicates the company is unprofitable.
Mercury Systems, Inc. (MRCY) generated $73.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.