Mercury Systems Cash Flow Statement

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

Millions USD. Fiscal year is Jul - Jun.

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
Net Income	-14.1	-37.9	-137.64	-28.34	11.28	62.04
Depreciation & Amortization	75.14	82.03	88.03	97.33	93.42	67.08
Stock-Based Compensation	50.29	39.92	41.52	43.42	38.29	28.29
Other Adjustments	25.88	-13.29	-8.36	-54.4	-2.92	2.62
Change in Receivables	11.76	29.95	76.46	-58.72	-146.48	-51.98
Changes in Inventories	-24.36	-17.09	0.13	-64.06	-40.9	-27.44
Changes in Accounts Payable	60.81	8.1	0.74	-16.73	58.4	-6.32
Changes in Income Taxes Payable	-3.68	-3.81	-11.22	9.91	1.01	4.08
Changes in Unearned Revenue	-24.57	49.89	17.31	40.7	-19	13.73
Changes in Other Operating Activities	-17.35	1.06	-6.59	9.64	-11.97	5.14
Operating Cash Flow	98.31	138.85	60.38	-21.25	-18.87	97.25
Operating Cash Flow Growth	-43.02%	129.95%	-	-	-	-15.57%
Capital Expenditures	-24.81	-19.8	-34.29	-38.8	-27.66	-45.6
Payments for Business Acquisitions	-5.96	-4.54	-	-	-243.46	-372.83
Proceeds from Business Divestments	6.25	6.25	-	0.24	-	-
Other Investing Activities	-	4.6	-	-	-3.2	1.54
Investing Cash Flow	-24.52	-13.5	-34.29	-38.56	-274.32	-416.89
Short-Term Debt Issued	-	-	105	140	251.5	200
Short-Term Debt Repaid	-	-	-25	-80	-	-
Net Short-Term Debt Issued (Repaid)	-	-	80	60	251.5	200
Issuance of Common Stock	4.9	3.66	4.64	5.49	5.37	6.3
Repurchase of Common Stock	-15	-	-0.03	-0.06	-8.21	-0.07
Net Common Stock Issued (Repurchased)	-10.1	3.66	4.61	5.43	-2.84	6.23
Other Financing Activities	-3.16	-2.25	-1.93	-	-2.91	-
Financing Cash Flow	-13.26	1.41	82.68	65.43	245.75	206.23
Effect of Exchange Rate Changes on Cash and Cash Equivalents	1.45	1.82	0.19	0.3	-0.75	0.41
Net Cash Flow	61.98	128.58	108.96	5.91	-48.19	-113
Free Cash Flow	73.5	119.05	26.09	-60.05	-46.53	51.65
Free Cash Flow Growth	-38.26%	356.28%	-	-	-	-28.16%
FCF Margin	7.60%	13.05%	3.12%	-6.17%	-4.71%	5.59%
Free Cash Flow Per Share	1.24	2.03	0.45	-1.06	-0.83	0.93
Levered Free Cash Flow	27.07	62.47	-3.53	69.65	316.08	272.72
Unlevered Free Cash Flow	48.56	85.62	-53.34	25.33	72.68	75.8

SEC Filings: 10-K · 10-Q