MRCY
Mercury Systems Inc
NASDAQ: MRCY · INDUSTRIALS · AEROSPACE & DEFENSE
$74.75
-2.33% today
Updated 2026-04-29
Market cap
$4.49B
P/E ratio
—
P/S ratio
4.76x
EPS (TTM)
$-0.52
Dividend yield
—
52W range
$44 – $104
Volume
0.5M
Mercury Systems Inc (MRCY) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $236.12M | $223.71M | $209.90M | $188.94M | $199.83M | $228.71M | $244.93M | $208.79M | $208.73M | $234.85M | $270.15M | $408.59M | $493.18M | $654.74M | $796.61M | $924.00M | $973.88M | $973.88M | $835.27M | $912.02M |
| Revenue growth (YoY) | — | -5.3% | -6.2% | -10.0% | +5.8% | +14.5% | +7.1% | -14.8% | -0.0% | +12.5% | +15.0% | +51.2% | +20.7% | +32.8% | +21.7% | +16.0% | +5.4% | +0.0% | -14.2% | +9.2% |
| Cost of revenue | $96.92M | $99.29M | $83.83M | $83.51M | $87.30M | $98.81M | $108.77M | $126.12M | $113.98M | $124.63M | $145.38M | $217.04M | $267.33M | $368.59M | $439.77M | $538.81M | $657.15M | $657.15M | $639.37M | $657.53M |
| Gross profit | $139.20M | $124.42M | $126.07M | $105.43M | $112.53M | $129.90M | $136.16M | $82.67M | $94.74M | $110.22M | $124.77M | $191.54M | $225.86M | $286.16M | $356.84M | $385.19M | $316.73M | $316.73M | $195.90M | $254.49M |
| Gross margin | 59.0% | 55.6% | 60.1% | 55.8% | 56.3% | 56.8% | 55.6% | 39.6% | 45.4% | 46.9% | 46.2% | 46.9% | 45.8% | 43.7% | 44.8% | 41.7% | 32.5% | 32.5% | 23.5% | 27.9% |
| R&D | $61.15M | $58.49M | $54.79M | $42.37M | $41.55M | $44.50M | $45.98M | $32.69M | $35.69M | $32.55M | $33.54M | $54.09M | $58.81M | $68.92M | $98.48M | $113.48M | $108.80M | $108.80M | $101.33M | $67.65M |
| SG&A | $87.01M | $88.71M | $81.87M | $51.19M | $51.52M | $57.87M | $57.16M | $57.58M | $53.69M | $49.01M | $52.95M | $76.49M | $88.36M | $110.72M | $132.25M | $134.34M | $160.64M | $160.64M | $166.79M | $154.41M |
| Operating income | $-19.44M | $-40.52M | $-37.91M | $7.75M | $17.31M | $24.98M | $30.11M | $-23.69M | $-7.41M | $18.36M | $23.97M | $37.40M | $46.98M | $76.58M | $91.06M | $81.00M | $-21.68M | $-21.68M | $-147.75M | $-19.63M |
| Operating margin | -8.2% | -18.1% | -18.1% | 4.1% | 8.7% | 10.9% | 12.3% | -11.3% | -3.5% | 7.8% | 8.9% | 9.2% | 9.5% | 11.7% | 11.4% | 8.8% | -2.2% | -2.2% | -17.7% | -2.2% |
| EBITDA | $4.55M | $-16.27M | $2.25M | $19.93M | $25.93M | $34.99M | $43.47M | $-5.92M | $9.74M | $32.17M | $46.56M | $77.23M | $96.95M | $125.70M | $144.27M | $163.28M | $73.95M | $73.95M | $-66.23M | $65.03M |
| EBITDA margin | 1.9% | -7.3% | 1.1% | 10.5% | 13.0% | 15.3% | 17.7% | -2.8% | 4.7% | 13.7% | 17.2% | 18.9% | 19.7% | 19.2% | 18.1% | 17.7% | 7.6% | 7.6% | -7.9% | 7.1% |
| EBIT | $-13.01M | $-34.23M | $-13.74M | $10.57M | $19.07M | $26.65M | $31.81M | $-23.12M | $-5.86M | $18.33M | $30.82M | $44.97M | $54.67M | $79.31M | $94.94M | $96.20M | $-23.38M | $-23.38M | $-154.26M | $-16.99M |
| Interest expense | $4.10M | $4.24M | $3.36M | $2.55M | $381000.00 | $79000.00 | $40000.00 | $38000.00 | $49000.00 | $34000.00 | $1.17M | $7.57M | $2.85M | $9.11M | $1.01M | $1.22M | $25.16M | $25.16M | $35.02M | $33.43M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-16.17M | $-37.82M | $-35.41M | $-1.26M | $28.36M | $18.44M | $22.62M | $-13.21M | $-11.43M | $10.37M | $19.74M | $24.88M | $40.88M | $46.77M | $85.71M | $62.04M | $-28.34M | $-28.34M | $-137.64M | $-37.90M |
| Net income growth (YoY) | — | -133.9% | +6.4% | +96.4% | +2347.1% | -35.0% | +22.6% | -158.4% | +13.5% | +190.8% | +90.4% | +26.0% | +64.4% | +14.4% | +83.2% | -27.6% | -145.7% | +0.0% | -385.8% | +72.5% |
| Profit margin | -6.8% | -16.9% | -16.9% | -0.7% | 14.2% | 8.1% | 9.2% | -6.3% | -5.5% | 4.4% | 7.3% | 6.1% | 8.3% | 7.1% | 10.8% | 6.7% | -2.9% | -2.9% | -16.5% | -4.2% |