Mercury Systems Inc (MRCY) Financial Statements
Industry: Electronic Components & Accessories
In fiscal 2026, Mercury Systems reported revenue of $983.6M, up 7.9% from $912.0M the year before. Net income was -$29.7M (a -3.0% net margin), or -$0.50 per diluted share. Gross margin was 28.6% and operating margin was 0.0%. Operating activities generated $102.4M of cash, leaving $68.1M of free cash flow. At fiscal year end, Mercury Systems held $2.32B in total assets against $825.3M in total liabilities, including $214.3M of cash and equivalents.
Open the full interactive Mercury Systems financials → Quarterly statements, key ratios, valuation history and price charts.
Mercury Systems Key Stats
| Share Price | $76.71 |
|---|---|
| Market Cap | $4.56B |
| Revenue YoY Growth | +7.8% |
| 52-Week Range | $66.12 – $126.21 |
| Shares Outstanding | 59.5 million (basic, 2026 Q4) |
Mercury Systems Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $924.0M | $988.2M | $973.9M | $835.3M | $912.0M | $983.6M |
| Gross Profit | $385.2M | $395.0M | $316.7M | $195.9M | $254.5M | $281.2M |
| Operating Income | $81.0M | $31.6M | -$21.7M | -$147.8M | -$19.6M | $280,000 |
| Pre-Tax Income | $77.2M | $18.4M | -$48.5M | -$189.3M | -$50.4M | -$28.9M |
| Income Tax | $15.1M | $7.1M | -$20.2M | -$51.6M | -$12.5M | $784,000 |
| Net Income | $62.0M | $11.3M | -$28.3M | -$137.6M | -$37.9M | -$29.7M |
| Diluted EPS | $1.12 | $0.20 | -$0.50 | -$2.38 | -$0.65 | -$0.50 |
Mercury Systems Quarterly Results
| 2026 Q1 | 2026 Q2 | 2026 Q3 | 2026 Q4 | |
|---|---|---|---|---|
| Revenue | $225.2M | $232.9M | $235.8M | $289.8M |
| Net Income | -$12.5M | -$15.1M | -$2.9M | $798,000 |
| Diluted EPS | -$0.21 | -$0.26 | -$0.04 | $0.01 |
Mercury Systems Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $113.8M | $65.7M | $71.6M | $180.5M | $309.1M | $214.3M |
| Current Assets | $643.1M | $815.3M | $937.0M | $953.8M | $1.06B | $973.4M |
| Total Assets | $1.96B | $2.30B | $2.39B | $2.38B | $2.43B | $2.32B |
| Current Liabilities | $150.8M | $193.9M | $233.3M | $234.4M | $300.4M | $328.5M |
| Total Long-Term Debt | $200.0M | $451.5M | $511.5M | $591.5M | $591.5M | $441.5M |
| Total Liabilities | $471.0M | $767.2M | $824.7M | $906.1M | $961.3M | $825.3M |
| Shareholders' Equity | $1.48B | $1.54B | $1.57B | $1.47B | $1.47B | $1.50B |
Mercury Systems Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $97.2M | -$18.9M | -$21.3M | $60.4M | $138.9M | $102.4M |
| Cash From Investing | -$416.9M | -$274.3M | -$38.6M | -$34.3M | -$13.5M | -$35.7M |
| Cash From Financing | $206.2M | $245.8M | $65.4M | $82.7M | $1.4M | -$162.7M |
| Free Cash Flow | $51.6M | -$46.5M | -$60.0M | $26.1M | $119.0M | $68.1M |
Figures from Mercury Systems' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Mercury Systems financials page for every line item.
Mercury Systems Company Profile
| Ticker | MRCY |
|---|---|
| Exchange | Nasdaq |
| Industry | Electronic Components & Accessories |
| Headquarters | Andover, Massachusetts |
| Incorporated in | Massachusetts |
| Fiscal Year End | June 30 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001049521 |
Frequently Asked Questions
What was Mercury Systems' revenue in fiscal 2026?
Mercury Systems (MRCY) reported revenue of $983.6M for fiscal 2026.
What is Mercury Systems' annual revenue history?
Mercury Systems' annual revenue by fiscal year: 2021: $924.0M; 2022: $988.2M; 2023: $973.9M; 2024: $835.3M; 2025: $912.0M; 2026: $983.6M.
What was Mercury Systems' net income in fiscal 2026?
Mercury Systems reported net income of -$29.7M for fiscal 2026.
What was Mercury Systems' earnings per share (EPS) in fiscal 2026?
Mercury Systems' diluted EPS was -$0.50 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Mercury Systems generate in fiscal 2026?
Mercury Systems generated $68.1M of free cash flow in fiscal 2026.
What was Mercury Systems' revenue last quarter?
In its most recent reported quarter (2026 Q4), Mercury Systems reported revenue of $289.8M.
How much debt does Mercury Systems have?
Mercury Systems reported $441.5M of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Mercury Systems are outstanding?
Mercury Systems reported a weighted average of 59.5 million basic shares outstanding in 2026 Q4.
What is Mercury Systems' market cap?
Based on its latest closing price, Mercury Systems (MRCY) has a market capitalization of about $4.56B.
When does Mercury Systems' fiscal year end?
Mercury Systems' fiscal year end, as registered with the SEC, is June 30.
Where is Mercury Systems headquartered?
Mercury Systems lists its business address in Andover, Massachusetts in its SEC filings.