Mercury Systems, Inc. (MRCY) quarterly cash flow statement — complete operating, investing & financing history
Mercury Systems, Inc. (MRCY) cash flow statement — 29-year operating, investing & financing cash flows
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Cash from Operations | 42.15M | 6.44M | 48.45M | 2.18M | 38.08M | 29.97M | 85.46M | -14.66M | 71.76M | -17.8M | 85.46M | -14.66M | 71.76M | -3.22M | 35.39M | -66.04M | -19.43M | -4.25M | 6.82M | -2.01M |
| Operating CF Margin % | 14.55% | 2.73% | 20.81% | 0.97% | 13.94% | 14.18% | 38.3% | -7.17% | 28.87% | -8.71% | 34.38% | -8.1% | 28.34% | -1.22% | 15.42% | -29.02% | -6.71% | -1.68% | 3.1% | -0.89% |
| Operating CF Growth % | 10.71% | -78.51% | -43.3% | 114.88% | -46.94% | 268.35% | 0% | 0% | 0% | -453.47% | 141.47% | 77.8% | 469.24% | 24.34% | 418.64% | -3192.07% | -171.47% | -118.34% | -71.49% | -108.75% |
| Net Income | 798K | -2.86M | -15.1M | -12.52M | 16.37M | -19.17M | -17.58M | -17.52M | -10.78M | -44.57M | -17.58M | -17.52M | -10.78M | 5.16M | -10.92M | -14.34M | 16.91M | 4.14M | -2.64M | -7.14M |
| Depreciation & Amortization | 17.51M | 17.96M | 18.3M | 18.91M | 19.97M | 19.92M | 20.92M | 21.22M | 21.39M | 21.75M | 20.92M | 21.22M | 21.39M | 23.89M | 27.23M | 23.7M | 23.4M | 24.46M | 24.07M | 21.49M |
| Stock-Based Compensation | 0 | 12.75M | 0 | 16.32M | 5.92M | 12.08M | 11.39M | 6.09M | 10.92M | 11.45M | 11.39M | 10.52M | 10.92M | 13.23M | 13.01M | 10.93M | 12.03M | 8.89M | 7.85M | 9.53M |
| Deferred Taxes | 0 | 483K | -3.59M | -3.85M | 3.4M | -902K | -5.24M | -7.85M | -14.25M | 11.17M | -5.24M | -7.85M | -14.25M | -12.31M | -21.52M | -814K | 2.82M | -1.03M | -2.04M | -2.17M |
| Other Non-Cash Items | 23.85M | -898K | 12.87M | 252K | -2.37M | -2.19M | -1.06M | 7.36M | 3.62M | 4.87M | -1.06M | 2.92M | 3.62M | 1.71M | 310K | 4.69M | -325K | 512K | -52K | -1.55M |
| Working Capital Changes | -5K | -20.99M | 35.97M | -16.94M | -5.22M | 20.24M | 77.04M | -23.96M | 60.86M | -22.47M | 77.04M | -23.96M | 60.86M | -34.9M | 27.28M | -90.21M | -74.27M | -41.22M | -20.36M | -22.16M |
| Change in Receivables | 10.12M | 14.45M | -11.99M | 20.14M | -10.84M | 9.29M | 37.65M | -6.15M | -1.87M | 8.61M | 37.65M | -6.15M | -1.87M | -22.83M | 16.38M | -47.26M | -81.27M | -47.27M | -8.51M | -9.43M |
| Change in Inventory | -8.12M | -12.65M | -11.56M | -12.13M | 11.98M | -7.29M | -7.88M | -13.91M | 7.14M | 8.49M | -7.88M | -13.91M | 7.14M | -29.81M | -21.79M | -18.43M | -12.52M | -7.96M | -7.6M | -12.83M |
| Change in Payables | -43.63M | -19.55M | 46.06M | 20.89M | 13.4M | 14.52M | 7.19M | -27M | 26.63M | -7.71M | 7.19M | -27M | 26.63M | 17.06M | -11.04M | -17.79M | 12.82M | 32.28M | -8.41M | 21.71M |
| Cash from Investing | -13.59M | -9.68M | -5.9M | -6.55M | -2.4M | -3.21M | -1.66M | -6.24M | -10.35M | -7.94M | -1.66M | -6.24M | -10.35M | -9.4M | -13.12M | -7.28M | -8.38M | -6.05M | -251.28M | -8.61M |
| Capital Expenditures | -13.59M | -8.26M | -5.9M | -6.55M | -4.1M | -5.91M | -3.56M | -6.24M | -10.35M | -7.94M | -3.56M | -6.24M | -10.35M | -9.45M | -13.18M | -7.33M | -8.18M | -6.07M | -8.03M | -5.38M |
| CapEx % of Revenue | 4.69% | 3.5% | 2.53% | 2.91% | 1.5% | 2.8% | 1.59% | 3.05% | 4.16% | 3.88% | 1.43% | 3.45% | 4.09% | 3.59% | 5.74% | 3.22% | 2.82% | 2.4% | 3.64% | 2.39% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -209K | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -1.42M | 0 | 0 | 1.7M | 2.7M | 1.9M | 0 | 0 | 0 | 1.9M | 0 | 0 | 48K | 52K | 50K | 14K | 17K | -243.25M | -3.24M |
| Cash from Financing | -147.31M | 0 | -12.27M | 0 | 2.17M | 0 | 1.49M | -2.25M | -23.54M | 0 | 1.49M | -2.25M | -23.54M | 0 | 2.39M | 59.94M | 2.12M | -2.88M | 253.83M | -7.32M |
| Debt Issued (Net) | -150M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -25M | 0 | 0 | 0 | 0 | 0 | 0 | 65M | 0 | 0 | 40M | 0 |
| Equity Issued (Net) | 2.69M | 0 | -12.27M | 0 | 0 | 0 | 0 | 0 | -16K | 0 | 0 | 0 | -16K | 0 | 0 | -63K | -490K | -217K | -183K | -7.32M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | -15M | 0 | 0 | 0 | 0 | 0 | -16K | 0 | 0 | 0 | -16K | 0 | 0 | -63K | -490K | -217K | -183K | -7.32M |
| Other Financing | 0 | 0 | 0 | 0 | 2.17M | 0 | 1.49M | -2.25M | 1.48M | 0 | 1.49M | -2.25M | -23.52M | 0 | 2.39M | -5M | 2.61M | -2.66M | 214.02M | 0 |
| Net Change in Cash | -117.49M | -3.19M | 30.27M | -4.38M | 39.28M | 27.26M | 84.44M | -22.4M | 37.88M | -26M | 84.44M | -22.4M | 37.88M | -12.5M | 24.96M | -13.67M | -26.04M | -13.47M | 9.37M | -18.04M |
| Free Cash Flow | 28.57M | -1.82M | 42.55M | -4.37M | 33.98M | 24.06M | 81.91M | -20.9M | 61.41M | -25.74M | 81.91M | -20.9M | 61.41M | -12.66M | 22.22M | -73.37M | -27.61M | -10.32M | -1.2M | -7.38M |
| FCF Margin % | 9.86% | -0.77% | 18.27% | -1.94% | 12.44% | 11.38% | 36.71% | -10.22% | 24.71% | -12.59% | 32.95% | -11.55% | 24.25% | -4.81% | 9.68% | -32.24% | -9.53% | -4.08% | -0.55% | -3.28% |
| FCF Growth % | -15.93% | -107.57% | -48.05% | 79.11% | -44.67% | 193.46% | 0% | 0% | 0% | -103.29% | 268.68% | 71.52% | 322.39% | -22.66% | 1946.72% | -893.73% | -269.39% | -178.03% | -111.84% | -161.78% |
| FCF per Share | 0.47 | -0.03 | 0.72 | -0.07 | 0.58 | 0.41 | 1.40 | -0.36 | 1.06 | -0.44 | 1.42 | -0.37 | 1.08 | -0.22 | 0.39 | -1.31 | -0.49 | -0.18 | -0.02 | -0.13 |
| FCF Conversion (FCF/Net Income) | 52.82x | -2.25x | -3.21x | -0.17x | 2.33x | -1.56x | -4.86x | 0.84x | -6.66x | 1.02x | -7.93x | 0.40x | -8.71x | -0.62x | -3.24x | 4.61x | -1.15x | -1.03x | -2.59x | 0.28x |
| Interest Paid | 0 | 7.36M | 0 | 8.52M | 8.45M | 8.87M | 10.34M | 8.9M | 10.76M | 10.55M | 10.34M | 8.9M | 10.76M | 7.56M | 7.48M | 3.71M | 3.07M | 1.53M | 208K | 682K |
| Taxes Paid | 0 | 4K | 0 | 486K | 100K | 0 | 0 | 0 | 0 | -430K | 0 | 0 | 0 | 19.4M | -1.6M | 4.13M | -902K | -2.79M | 4.43M | 13.37M |