Mercury Systems, Inc. (MRCY)

NASDAQ: MRCY · Real-Time Price · USD

108.64

-0.19 (-0.17%)

At close: Aug 7, 2026, 4:00 PM EDT

109.89

+1.25 (1.15%)

After-hours: Aug 7, 2026, 7:57 PM EDT

Mercury Systems Financials Overview

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

Millions USD. Fiscal year is Jul - Jun.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 27, 2026	Jun '25 Jun 27, 2025	Jun '24 Jun 28, 2024	Jun '23 Jun 30, 2023	Jul '22 Jul 1, 2022	Jul '21 Jul 2, 2021
Revenue	966.95	912.02	835.28	973.88	988.2	924
Revenue Growth	8.95%	9.19%	-14.23%	-1.45%	6.95%	15.99%
Gross Profit	277.35	254.49	195.9	316.73	394.96	385.19
Operating Income	9.37	-19.63	-147.75	-21.69	31.61	81
Net Income	-14.1	-37.9	-137.64	-28.34	11.28	62.04
Earnings Per Share	-0.24	-0.65	-2.38	-0.50	0.20	1.12
EPS Growth	-	-	-	-	-82.14%	-28.21%

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 27, 2026	Jun '25 Jun 27, 2025	Jun '24 Jun 28, 2024	Jun '23 Jun 30, 2023	Jul '22 Jul 1, 2022	Jul '21 Jul 2, 2021
Domestic Net	821.52	746.31	704.12	865.22	861.13	795.99
International/Foreign Military Sales Net	145.43	165.71	131.16	108.67	127.07	128.01
Revenue (Total)	966.95	912.02	835.28	973.88	988.2	924

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 27, 2026	Jun '25 Jun 27, 2025	Jun '24 Jun 28, 2024	Jun '23 Jun 30, 2023	Jul '22 Jul 1, 2022	Jul '21 Jul 2, 2021
Cash & Investments	331.8	309.1	180.52	71.56	65.65	113.84
Total Debt	653.95	644.24	654.08	578.3	521.39	271.51
Net Cash (Debt)	-322.15	-335.14	-473.56	-506.73	-455.73	-157.67
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-5.42	-5.70	-8.20	-8.96	-8.15	-2.84

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 27, 2026	Jun '25 Jun 27, 2025	Jun '24 Jun 28, 2024	Jun '23 Jun 30, 2023	Jul '22 Jul 1, 2022	Jul '21 Jul 2, 2021
Operating Cash Flow	98.31	138.85	60.38	-21.25	-18.87	97.25
Capital Expenditures	-24.81	-19.8	-34.29	-38.8	-27.66	-45.6
Free Cash Flow	73.5	119.05	26.09	-60.05	-46.53	51.65
Free Cash Flow Growth	-49.83%	356.28%	-	-	-	-28.16%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 27, 2026	Jun '25 Jun 27, 2025	Jun '24 Jun 28, 2024	Jun '23 Jun 30, 2023	Jul '22 Jul 1, 2022	Jul '21 Jul 2, 2021
Gross Margin	28.68%	27.90%	23.45%	32.52%	39.97%	41.69%
Operating Margin	0.97%	-2.15%	-17.69%	-2.23%	3.20%	8.77%
Pretax Margin	-1.85%	-5.53%	-22.66%	-4.98%	1.86%	8.35%
Profit Margin	-1.46%	-4.16%	-16.48%	-2.91%	1.14%	6.71%
FCF Margin	7.60%	13.05%	3.12%	-6.17%	-4.71%	5.59%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 9, 2026	Jun '25 Jun 27, 2025	Jun '24 Jun 28, 2024	Jun '23 Jun 30, 2023	Jul '22 Jul 1, 2022	Jul '21 Jul 2, 2021
PE Ratio	-	-	-	-	320.00	58.93
Forward PE	78.06	69.87	214.55	19.33	22.92	26.49
P/FCF Ratio	88.75	26.47	59.97	-	-	70.59
PS Ratio	6.75	3.46	1.87	2.02	3.61	3.95