Mercury Systems Financial Statements
NASDAQ: MRCYTechnologyElectrical ProductsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Mercury Systems revenue and earnings
In fiscal 2026, Mercury Systems generated $983.6 million in revenue, up 7.9% from fiscal 2025, its 2nd consecutive year of revenue growth. Mercury Systems reported a net loss of $29.7 million, compared with a loss of $37.9 million a year earlier. Gross margin was 28.6% (up from 27.9%) and operating margin 0.0%.
Diluted earnings per share came in at -$0.50. Over the last 5 fiscal years, MRCY's revenue has grown at a 1.3% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Mercury Systems income statement (annual)
| Fiscal year (USD) | FY 20262026-07-03 | FY 20252025-06-27 | FY 20242024-06-28 | FY 20232023-06-30 | FY 20222022-07-01 | FY 20212021-07-02 | FY 20202020-07-03 | FY 20192019-06-30 | FY 20182018-06-30 | FY 20172017-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 983.62M | 912.02M | 835.27M | 973.88M | 988.20M | 924.00M | 796.61M | 654.74M | 493.18M | 408.59M |
| Revenue growth (YoY) | +7.85% | +9.19% | -14.23% | -1.45% | +6.95% | +15.99% | +21.67% | +32.76% | +20.70% | +51.24% |
| Cost of Revenue | 702.46M | 657.53M | 639.37M | 657.15M | 593.24M | 538.81M | 439.77M | 368.59M | 267.33M | 217.04M |
| Gross Profit | 281.17M | 254.49M | 195.90M | 316.73M | 394.96M | 385.19M | 356.84M | 286.16M | 225.86M | 191.54M |
| Operating Expenses | 280.88M | 274.12M | 343.65M | 338.41M | 363.35M | 304.19M | 265.78M | 209.57M | 178.87M | 154.14M |
| Research & Development | 59.74M | 67.65M | 101.33M | 108.80M | 107.17M | 113.48M | 98.48M | 68.92M | 58.81M | 54.09M |
| Selling, General & Admin | 175.03M | 154.41M | 166.79M | 160.64M | 157.04M | 134.34M | 132.25M | 110.72M | 88.36M | 76.49M |
| Operating Income | 280.00K | -19.63M | -147.75M | -21.68M | 31.61M | 81.00M | 91.06M | 76.58M | 46.98M | 37.40M |
| Interest Expense | 29.59M | 33.43M | 35.02M | 25.16M | 5.81M | 1.22M | 1.01M | 9.11M | 2.85M | 7.57M |
| Other Income (Expense) | -7.30M | -974.00K | -7.71M | -2.75M | -7.55M | -2.79M | 1.73M | -8.88M | -1.59M | 771.00K |
| Pretax Income | -28.89M | -50.42M | -189.28M | -48.54M | 18.39M | 77.17M | 93.93M | 59.53M | 42.57M | 31.07M |
| Income Tax | 784.00K | -12.52M | -51.63M | -20.21M | 7.12M | 15.13M | 8.22M | 12.75M | 1.69M | 6.19M |
| Net Income | -29.67M | -37.90M | -137.64M | -28.34M | 11.28M | 62.04M | 85.71M | 46.77M | 40.88M | 24.88M |
| Net Income growth (YoY) | — | — | — | -351.31% | -81.83% | -27.61% | +83.24% | +14.41% | +64.35% | +26.00% |
| EPS (Basic) | -0.50 | -0.65 | -2.38 | -0.50 | 0.20 | 1.13 | 1.57 | 0.98 | 0.88 | 0.59 |
| EPS (Diluted) | -0.50 | -0.65 | -2.38 | -0.50 | 0.20 | 1.12 | 1.56 | 0.96 | 0.86 | 0.58 |
| Shares Outstanding (Basic) | 59.46M | 58.75M | 57.74M | 56.55M | 55.53M | 55.07M | 54.55M | 47.83M | 46.72M | 41.99M |
| Shares Outstanding (Diluted) | 59.46M | 58.75M | 57.74M | 56.55M | 55.90M | 55.47M | 55.12M | 48.50M | 47.47M | 43.02M |
| EBITDA | 72.96M | 62.40M | -59.72M | 75.64M | 125.03M | 148.08M | 140.39M | 122.98M | 89.26M | 69.67M |
| Gross Margin | 28.58% | 27.90% | 23.45% | 32.52% | 39.97% | 41.69% | 44.80% | 43.71% | 45.80% | 46.88% |
| Operating Margin | 3.00% | -2.15% | -17.69% | -2.23% | 3.20% | 8.77% | 11.43% | 11.70% | 9.53% | 9.15% |
| Net Margin | -3.02% | -4.16% | -16.48% | -2.91% | 114.00% | 6.71% | 10.76% | 7.14% | 8.29% | 6.09% |
This table shows 10 annual periods of Mercury Systems's income statement, from FY 2026 back to FY 2017, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow MRCY's reporting calendar. What is a income statement?