Mercury Systems, Inc. (MRCY)

Mercury Systems Income Statement

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

Fiscal Quarter	Q4 2026	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022
Period Ending	Jul 3, 2026	Mar 27, 2026	Dec 26, 2025	Sep 26, 2025	Jun 27, 2025	Mar 28, 2025	Dec 27, 2024	Sep 27, 2024	Jun 28, 2024	Mar 29, 2024	Dec 29, 2023	Sep 29, 2023	Jun 30, 2023	Mar 31, 2023	Dec 30, 2022	Sep 30, 2022	Jul 1, 2022	Apr 1, 2022	Dec 31, 2021	Oct 1, 2021
Revenue	289.78	235.76	232.87	225.21	273.11	211.36	223.13	204.43	248.56	208.26	197.46	180.99	253.24	263.48	229.59	227.58	289.73	253.08	220.38	225.01
Revenue Growth (YoY)	6.11%	11.54%	4.37%	10.16%	9.87%	1.49%	13.00%	12.95%	-1.85%	-20.96%	-13.99%	-20.47%	-12.60%	4.11%	4.18%	1.14%	15.50%	-1.47%	4.61%	9.43%
Cost of Revenue	201.2	166.71	172.24	162.31	188.34	154.25	162.3	152.64	175.35	167.62	165.94	130.46	185.85	173.19	148.63	149.48	170.16	153.32	133.16	136.6
Gross Profit	88.58	69.05	60.63	62.9	84.77	57.11	60.83	51.79	73.21	40.64	31.52	50.53	67.38	90.29	80.96	78.1	119.57	99.75	87.22	88.41
Selling, General & Admin	59.48	37.02	39.14	40.71	45.86	38.08	38.51	33.15	43.37	43.16	44.47	35.79	32.01	44.63	45.06	38.94	44.02	39.26	36.81	36.96
Research & Development	16.16	15.01	15.38	13.18	11.91	15.98	21.37	18.38	19.42	21.56	28.48	31.87	27.61	26.52	26.91	27.77	24.57	25.39	28.34	28.88
Amortization of Goodwill & Intangibles	9.39	9.56	9.69	10.26	10.28	10.19	11.15	11.24	11.31	11.53	12.27	12.55	12.63	12.81	13.54	14.57	14.45	16.08	16	13.73
Operating Expenses	85.03	61.59	64.21	64.15	68.05	64.25	71.04	62.77	74.09	76.25	85.22	80.21	72.26	83.95	85.5	81.28	83.04	80.73	81.15	79.57
Operating Income	3.56	7.46	-3.58	-1.25	16.72	-7.14	-10.21	-10.98	-0.88	-35.61	-53.7	-29.69	-4.87	6.34	-4.54	-3.19	36.54	19.03	6.08	8.84
Interest Expense	-3.62	-7.93	-9.35	-7.89	-3.73	-8.97	-9.53	-8.91	-9.16	-9.32	-9.47	-7.86	-7.31	-6.71	-6.59	-4.55	-2.45	-1.66	-1.09	-0.6
Interest & Investment Income	1.54	2.51	1.65	2.03	1.37	1.29	0.41	0.54	0.53	0.54	0.03	0.1	0.72	0.08	0.22	0.03	0.02	0.11	0.01	0.01
Currency Exchange Gain (Loss)	-1.1	-0.5	-0.2	-0.8	1.7	1.2	-2.4	1.5	0.1	-0.2	0.7	-1	1.6	0.3	1.4	-1.8	-1.1	-0.6	-0.2	-
Other Non Operating Income (Expenses)	-1.59	-3.89	1.26	-1.28	-10.87	-0.2	-0.27	-2.84	-1.15	-0.49	0.34	-0.27	-2.19	-0.55	-0.55	-0.54	-0.85	-1.24	-0.61	-1.04
EBT Excluding Unusual Items	-1.22	-2.36	-10.22	-9.19	5.19	-13.81	-22	-20.68	-10.57	-45.08	-62.11	-38.72	-12.04	-0.54	-10.06	-10.05	32.15	15.64	4.17	7.21
Merger & Restructuring Charges	-0.72	-0.11	-4.24	-2.15	-1.32	-5.24	-0.22	-2.44	-7.09	-10.05	-0.23	-10.52	-4.03	-4.38	-3.01	-4.01	-8.92	-9.07	-6.46	-14.41
Gain (Loss) on Sale of Assets	-1.9	1.9	-	-	6	2.7	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal Settlements	11.63	-2.12	-3	-5.2	8.95	-5.47	-2.09	-	-0.95	-2.1	-1.38	-0.5	1.25	-0.37	-	-1.31	-0.71	-0.32	-0.51	-0.38
Pretax Income	7.79	-2.69	-17.46	-16.54	18.82	-21.82	-24.3	-23.12	-18.6	-57.22	-63.72	-49.74	-14.82	-5.29	-13.07	-15.36	22.53	6.24	-2.79	-7.58
Income Tax Expense	7	0.17	-2.36	-4.02	2.45	-2.65	-6.73	-5.59	-7.82	-12.64	-18.14	-13.03	-6.59	-10.45	-2.15	-1.02	5.61	2.1	-0.16	-0.44
Earnings From Continuing Operations	0.8	-2.86	-15.1	-12.52	16.37	-19.17	-17.58	-17.53	-10.78	-44.57	-45.58	-36.71	-8.24	5.16	-10.92	-14.34	16.92	4.14	-2.64	-7.14
Net Income	0.8	-2.86	-15.1	-12.52	16.37	-19.17	-17.58	-17.53	-10.78	-44.57	-45.58	-36.71	-8.24	5.16	-10.92	-14.34	16.92	4.14	-2.64	-7.14
Net Income to Common	0.8	-2.86	-15.1	-12.52	16.37	-19.17	-17.58	-17.53	-10.78	-44.57	-45.58	-36.71	-8.24	5.16	-10.92	-14.34	16.92	4.14	-2.64	-7.14
Net Income Growth (YoY)	-95.13%	-	-	-	-	-	-	-	-	-	-	-	-	24.57%	-	-	-5.63%	-73.53%	-	-
Shares Outstanding (Basic)	60	59	59	59	59	59	59	58	58	58	57	57	57	57	56	56	56	56	56	55
Shares Outstanding (Diluted)	61	59	59	59	60	59	59	58	58	58	57	57	57	57	56	56	56	56	56	55
Shares Change (YoY)	2.89%	1.15%	1.46%	1.60%	2.70%	1.82%	1.98%	2.02%	2.07%	1.41%	2.08%	2.10%	0.95%	1.55%	1.32%	1.00%	1.19%	0.90%	0.15%	0.07%
EPS (Basic)	0.01	-0.05	-0.25	-0.21	0.28	-0.33	-0.30	-0.30	-0.19	-0.77	-0.79	-0.64	-0.15	0.09	-0.19	-0.26	0.30	0.07	-0.05	-0.13
EPS (Diluted)	0.01	-0.05	-0.26	-0.21	0.27	-0.33	-0.30	-0.30	-0.19	-0.77	-0.79	-0.64	-0.15	0.09	-0.19	-0.26	0.30	0.07	-0.05	-0.13
EPS Growth (YoY)	-96.69%	-	-	-	-	-	-	-	-	-	-	-	-	28.57%	-	-	-7.03%	-75.00%	-	-

Additional Metrics

Fiscal Quarter	Q4 2026	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022
Period Ending	Jul 3, 2026	Mar 27, 2026	Dec 26, 2025	Sep 26, 2025	Jun 27, 2025	Mar 28, 2025	Dec 27, 2024	Sep 27, 2024	Jun 28, 2024	Mar 29, 2024	Dec 29, 2023	Sep 29, 2023	Jun 30, 2023	Mar 31, 2023	Dec 30, 2022	Sep 30, 2022	Jul 1, 2022	Apr 1, 2022	Dec 31, 2021	Oct 1, 2021
Free Cash Flow	28.57	-1.82	45.71	-4.37	33.98	24.06	81.91	-20.9	61.41	-25.74	37.5	-47.08	3.76	-12.66	22.22	-73.37	-27.62	-10.32	-1.2	-7.38
Free Cash Flow Per Share	0.47	-0.03	0.77	-0.07	0.57	0.41	1.40	-0.36	1.06	-0.45	0.65	-0.82	0.07	-0.22	0.40	-1.31	-0.49	-0.18	-0.02	-0.13
Gross Margin	30.57%	29.29%	26.04%	27.93%	31.04%	27.02%	27.26%	25.33%	29.45%	19.52%	15.96%	27.92%	26.61%	34.27%	35.26%	34.32%	41.27%	39.42%	39.58%	39.29%
Operating Margin	1.23%	3.16%	-1.54%	-0.56%	6.12%	-3.38%	-4.58%	-5.37%	-0.35%	-17.10%	-27.19%	-16.40%	-1.92%	2.41%	-1.98%	-1.40%	12.61%	7.52%	2.76%	3.93%
Profit Margin	0.27%	-1.21%	-6.48%	-5.56%	5.99%	-9.07%	-7.88%	-8.57%	-4.34%	-21.40%	-23.08%	-20.28%	-3.25%	1.96%	-4.76%	-6.30%	5.84%	1.64%	-1.20%	-3.17%
Free Cash Flow Margin	9.86%	-0.77%	19.63%	-1.94%	12.44%	11.38%	36.71%	-10.22%	24.71%	-12.36%	18.99%	-26.01%	1.49%	-4.81%	9.68%	-32.24%	-9.53%	-4.08%	-0.55%	-3.28%
EBITDA	21.07	25.41	14.72	17.66	36.69	12.78	10.71	10.24	20.51	-13.86	-31.5	-6.99	17.63	30.23	22.69	20.51	59.93	43.49	30.14	30.33
EBITDA Margin	7.27%	10.78%	6.32%	7.84%	13.43%	6.05%	4.80%	5.01%	8.25%	-6.65%	-15.95%	-3.86%	6.96%	11.47%	9.88%	9.01%	20.69%	17.19%	13.68%	13.48%
D&A For EBITDA	17.51	17.96	18.3	18.91	19.97	19.92	20.92	21.22	21.39	21.75	22.19	22.69	22.5	23.89	27.23	23.7	23.4	24.47	24.07	21.49
EBIT	3.56	7.46	-3.58	-1.25	16.72	-7.14	-10.21	-10.98	-0.88	-35.61	-53.7	-29.69	-4.87	6.34	-4.54	-3.19	36.54	19.03	6.08	8.84
EBIT Margin	1.23%	3.16%	-1.54%	-0.56%	6.12%	-3.38%	-4.58%	-5.37%	-0.35%	-17.10%	-27.19%	-16.40%	-1.92%	2.41%	-1.98%	-1.40%	12.61%	7.52%	2.76%	3.93%
Effective Tax Rate	89.76%	-	-	-	13.00%	-	-	-	-	-	-	-	-	-	-	-	24.92%	33.68%	-	-

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 18, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 31, 2026

Data Sources Report a data error