Mercury Systems, Inc. (MRCY)

Mercury Systems Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 26, 2025	Jun 27, 2025	Jun 28, 2024	Jun 30, 2023	Jul 1, 2022	Jul 2, 2021
Revenue	932.8	912.02	835.28	973.88	988.2	924
Revenue Growth (YoY)	8.63%	9.19%	-14.23%	-1.45%	6.95%	15.99%
Cost of Revenue	667.2	657.53	639.37	657.15	593.24	538.81
Gross Profit	265.6	254.49	195.9	316.73	394.96	385.19
Selling, General & Admin	161.97	154.41	166.79	160.64	157.04	134.34
Research & Development	62.45	67.65	101.33	108.8	107.17	113.48
Amortization of Goodwill & Intangibles	41.87	42.85	47.66	53.55	60.27	41.17
Operating Expenses	266.29	264.91	315.78	322.99	324.48	288.99
Operating Income	-0.68	-10.41	-119.87	-6.26	70.48	96.2
Interest Expense	-35.93	-36.95	-35.02	-25.16	-5.81	-1.22
Interest & Investment Income	5.09	3.61	1.2	1.05	0.14	0.18
Currency Exchange Gain (Loss)	-0.6	1.7	-0.4	-	-	-
Other Non Operating Income (Expenses)	-1.29	-2.85	-2.38	-2.26	-5.64	-2.16
EBT Excluding Unusual Items	-33.42	-44.91	-156.47	-32.62	59.17	92.99
Merger & Restructuring Charges	-8.92	-9.21	-27.88	-15.43	-38.87	-15.2
Gain (Loss) on Sale of Assets	6	6	-	-	-	-
Legal Settlements	-7.5	-2.3	-4.93	-0.5	-1.91	-0.62
Pretax Income	-43.84	-50.42	-189.28	-48.54	18.4	77.17
Income Tax Expense	-10.95	-12.52	-51.64	-20.21	7.12	15.13
Earnings From Continuing Operations	-32.89	-37.9	-137.64	-28.34	11.28	62.04
Net Income	-32.89	-37.9	-137.64	-28.34	11.28	62.04
Net Income to Common	-32.89	-37.9	-137.64	-28.34	11.28	62.04
Net Income Growth	-	-	-	-	-81.83%	-27.61%
Shares Outstanding (Basic)	59	59	58	57	56	55
Shares Outstanding (Diluted)	59	59	58	57	56	55
Shares Change (YoY)	1.64%	1.75%	2.09%	1.17%	0.77%	0.65%
EPS (Basic)	-0.56	-0.65	-2.38	-0.50	0.20	1.13
EPS (Diluted)	-0.56	-0.65	-2.38	-0.50	0.20	1.12
EPS Growth	-	-	-	-	-82.14%	-28.21%
Free Cash Flow	135.58	119.05	26.09	-60.05	-46.53	51.65
Free Cash Flow Per Share	2.30	2.03	0.45	-1.06	-0.83	0.93
Gross Margin	28.47%	27.90%	23.45%	32.52%	39.97%	41.69%
Operating Margin	-0.07%	-1.14%	-14.35%	-0.64%	7.13%	10.41%
Profit Margin	-3.53%	-4.16%	-16.48%	-2.91%	1.14%	6.71%
Free Cash Flow Margin	14.54%	13.05%	3.12%	-6.17%	-4.71%	5.59%
EBITDA	79.04	71.61	-31.84	91.07	163.89	163.28
EBITDA Margin	8.47%	7.85%	-3.81%	9.35%	16.59%	17.67%
D&A For EBITDA	79.72	82.03	88.03	97.33	93.42	67.08
EBIT	-0.68	-10.41	-119.87	-6.26	70.48	96.2
EBIT Margin	-0.07%	-1.14%	-14.35%	-0.64%	7.13%	10.41%
Effective Tax Rate	-	-	-	-	38.71%	19.60%

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q